Top CEOs donate to Romney over Obama by 4-1 margin

 

The chief executives of America’s top corporations have thrown their financial support to Mitt Romney over President Obama by more than a 4-1 margin, according to a review of federal records conducted by NBC News.

The presumptive Republican nominee’s presidential campaign has received almost $322,000 in direct donations from the CEOs of the companies listed on the annual “Fortune 500” list of the biggest U.S. companies.

Charles Dharapak / AP

Republican presidential candidate Mitt Romney delivers a specch in Jerusalem July 29.

By comparison, the Obama campaign has raked in $75,500 in contributions this election cycle from CEOs of the companies included on the list, according to records through the second quarter of 2012 on file with the Federal Election Commission.

While the sums are but a drop in the bucket relative to the hundreds of millions of dollars raised by both campaigns, they paint a picture of where the upper echelons of corporate America’s sympathies might lie at this point in the campaign. Overall, the Obama campaign has raised about $300 million in total, and the Romney campaign has collected roughly $153 million.

Federal records indicate that 147 CEOs have made some level of contribution directly to either the Obama or Romney campaign. Eighteen of those individuals contributed to Obama; 129 gave to the Romney campaign. Many of the CEOs – though not all of them – donated the maximum $5,000 to their candidate of choice, hewing to laws limiting contributions to $2,500 each for the primary and general election campaigns.

"People who support Mitt Romney do so because they support his pro-growth, pro-jobs agenda for the country," Romney spokeswoman Amanda Henneberg said. A spokesman for the Obama campaign declined to comment for this story.


 

These donations only paint a small part of a broader portrait of how the business community has sized up the election. Some of these donors have contributed thousands more to joint fundraising committees for either Obama or Romney, which funnel donations to the respective national party infrastructures and to state parties. These funds weren’t included in NBC’s tally because they aren’t directly under the control of either presidential candidate, and conceivably could be used for other candidates, like Senate races.

Romney’s advantage with these CEOs isn’t surprising. This same group of 500, not all of whom were CEOs of their respective companies in 2008, also favored Republican presidential nominee John McCain over Obama that year by a nearly 2-1 margin, $205,800 to $93,300. Fewer of the CEOs on the 2012 Fortune 500 gave in 2008; 112 total donated, 31 of whom gave to Obama and 81 of whom gave to McCain.

While Republican presidential candidates have traditionally raised more money from corporate America than Democratic ones, some business leaders have complained about the federal health-care law and Dodd-Frank financial regulatory reform pushed by the Obama administration. What’s more, Romney is a familiar figure to many in the business community and has stressed his business background at Bain Capital as one of his chief credentials in his current White House bid.

To that end, some of Obama’s 2008 CEO donors have, so far, declined to cut a check for him this cycle. But a sizable chunk of McCain’s 2008 chief executive donors haven’t given to Romney, either.

There are some executives who switched sides, too. Three of them – Massachusetts Mutual's Roger W. Crandall, Norfolk Southern's Charles W. Moorman IV and Baxter International's Robert L. Parkinson Jr. – switched from supporting Obama in 2008 to Romney in 2012.

One CEO, Paul E. Jacobs of Qualcomm, supported McCain in 2008 but has donated only to Obama in 2012.

While the two presidential campaigns have received almost $400,000 in direct support from the CEOs, it’s likely that corporate involvement in the presidential election is even more extensive. In addition to donating the maximum to Romney or Obama, some of the CEOs have contributed additional thousands to victory committees, which distribute additional funds to the national parties and several state party organizations.

The ascendancy of super PACs – which can accept unlimited contributions – in the time since the 2008 election opens the door to greater corporate involvement, too.

For instance, Las Vegas Sands CEO Sheldon Adelson checks in at No. 278 on the Fortune 500 list, though existing FEC records reflect no direct contributions to the Romney campaign this cycle through June.

That isn’t to say that he hasn’t impacted the 2012 election. Adelson singlehandedly contributed $5 million to the pro-Romney super PAC Restore Our Future (this after investing even more in a super PAC supporting Newt Gingrich during the Republican primaries). Adelson has suggested he’s willing to spend as much as $100 million to defeat Obama this fall.

Many super PACs have also established twin, nonprofit groups as so-called “social welfare organizations” that, under existing federal law, can spend and receive millions on advocacy work, as long as they don’t directly support or oppose a candidate. There’s no way to know how much these groups – like Crossroads GPS, the 501(c)(4) arm of the conservative American Crossroads super PAC or the pro-Obama Priorities USA – have received from these CEOs or other corporate titans. Additionally, a corporation itself can give directly to these groups.

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Is this supposed to come as a surprise?

Willard is the poster boy for GREED is GOOD!

Heaven forbid we NO longer allow Wall Street to function as their own private casino!

  • 251 votes
#1 - Mon Jul 30, 2012 1:19 PM EDT

vultures of a feather flock?

  • 115 votes
#1.1 - Mon Jul 30, 2012 1:29 PM EDT
Comment author avatarJames-2110694Expand Comment Comment collapsed by the community

LAME!

Come up with something more original Feisty!

  • 65 votes
#1.2 - Mon Jul 30, 2012 1:33 PM EDT
Comment author avatarDotties girlExpand Comment Comment collapsed by the community

You should take time out to look at the campaigner record fundraising -- unions, hollywood, WALL STREET hedge fund managers to name a few. you really need to get some original ideas instead of inhaling the DNC's talking points -- or is that too much trouble for a 12 yr old?

  • 60 votes
#1.3 - Mon Jul 30, 2012 1:34 PM EDT
Comment author avatarskip Nicholson, Oklahoma CityExpand Comment Comment collapsed by the community

Gosh, who would have thought that? Geeeez, could it all be because they are all members of the very exclusive 1% Club? Ya think?

Obama/Biden 2012 Kind of Festivus, for the rest of us!

  • 125 votes
#1.4 - Mon Jul 30, 2012 1:36 PM EDT

Once again showing why this country is not hiring and our unemployment stays above 8%.

The top execs across the country want a republican in office who will pander to their agendas. Until such time (if ever) the corporate execs will continue to bring this country to it's knees by outsourcing and refusing to hire Americans that desperately need jobs. But that could change if they finally realize that Americans will rebel against their treasonous activity by refusing to buy their products. Hitting the top execs in the pocketbook is the only way to get their attention.

Be there no mistake about this message. Corporate America will continue to donate heavily to Romney because he will do what they want at the expense of the American middle class.

  • 174 votes
#1.5 - Mon Jul 30, 2012 1:38 PM EDT
Comment author avatarpjam09Expand Comment Comment collapsed by the community

Successful people support winners not losers.

Why would anyone spend money to endorse a lame duck(Obama)?

  • 60 votes
#1.6 - Mon Jul 30, 2012 1:39 PM EDT
Comment author avatarPat-6363308Expand Comment Comment collapsed by the community

Fiesty,

Your frothing at the mouth over everything Romney does is not very becoming....get a life you partisan hack. Obama is not any better, he is as crooked as the rest of them

  • 49 votes
#1.7 - Mon Jul 30, 2012 1:40 PM EDT
Comment author avatarmillerzExpand Comment Comment collapsed by the community

I think it's a direct reflection of Obama's lack of business experience. You can't have taxpayers if no one is making a paycheck to collect taxes from. Those mean ole' corporations making a profit and paying people to work...what were they thinking?

I do believe Democrats have raised twice as much as the Republicans yet the media is constantly fueling the flame that Romney is out raising Obama. So what kind of names do you call Obama for taking other peoples money? I can think of a few, but my mother taught me to be civil when trying to get your point accross. Silly school yard name calling is immature and senseless.

  • 31 votes
#1.8 - Mon Jul 30, 2012 1:42 PM EDT
Comment author avatarBrockton BarlowExpand Comment Comment collapsed by the community

I'm sure Romney is happy with the support of top CEO's but having been walking around Boston yesterday I lost count of businesses with signs in their window reading....

"I built my business, Mr President!"

Business owners of all sizes will be supporting Romney!

  • 54 votes
#1.9 - Mon Jul 30, 2012 1:43 PM EDT
ContemptMeDeleted
Comment author avatarMike-306915Expand Comment Comment collapsed by the community

Ironic how the article fails to mention, and the rabid liberals fail to acknowledge, that MOST of these large corporate donors supported the CAMPAIGNER IN CHIEF in 2008...

It was fine for Barry to take their money then, when they were supporting Mr. Hope and Change, right FTR?

Like the majority of voters that understand economics and what it takes to create the environment needed to create jobs, corporate America is realizing Obama hasn't a clue.

Mr. Flip-Flop...

Do I need to produce his quote where he acknowledged that raising taxes- on ANYONE- would be a mistake during a fragile economic "recovery"?

  • 35 votes
#1.11 - Mon Jul 30, 2012 1:45 PM EDT

This isn't news.......of course they will go with the guy that makes their life easier.

However, Americans are already learning and not buying anything.

  • 48 votes
#1.12 - Mon Jul 30, 2012 1:46 PM EDT

Is this supposed to come as a surprise?

In a way ... it should.

Big business has always backed the presumed winner. In 2008, (and despite Michael's and Katharine's cherry picked numbers) big business overwhelmingly supported Obama ..... Feisty's Wall Street supported Obama by a 4-1 margin.

For them to not hedge their bets on the incumbent who should win hands down, speaks volumes to Obama's epic failure and the business realization that America simply cannot endure another 4 years.

Willard is the poster boy for GREED is GOOD!

Greed ... I dunno ... poster boy for understanding economics, business, how to problem solve, how to turn things around .... how to succeed and grow things, yea.

Better than a poster of a professional politician who has a community organizer's understanding of economics - who thinks that if you have a business .... you didn't create that.

Btw - Feisty ... how would Obama even know how to build a business?

Has he ever built one?

Has he ever seriously worked for one?

Is there any evidence, school records, etc., that even suggest Obama has had Economics 101, Management 101, Accounting 101 (what a balance sheet is and why you need one) ....

  • 36 votes
#1.13 - Mon Jul 30, 2012 1:46 PM EDT

CEOs want a permissive environment where they can boost their own stocks at the expense of the public good and make millions more when the middle class toils in hardship. Actually that is one of reasons the entire world is still in a Recession that is Made In America.

Obama/O'Biden 2012

  • 84 votes
#1.14 - Mon Jul 30, 2012 1:47 PM EDT

This proves that the rich will always help the rich. Its that special club where money gets you. All you righties who make less than 250k and you vote for Rmoney you will have shot yourselves in the ass.

  • 84 votes
#1.15 - Mon Jul 30, 2012 1:49 PM EDT

Dotties girl

You should take time out to look at the campaigner record fundraising -- unions, hollywood, WALL STREET hedge fund managers to name a few.  you really need to get some original ideas instead of inhaling the DNC's talking points -- or is that too much trouble for a 12 yr old?

I suggest you look them up yourself.

  • 25 votes
#1.16 - Mon Jul 30, 2012 1:50 PM EDT

If you look at the Forbes list of the top 10 highest paid CEO's, then look at the companies employement recruitment websites, you will find that their combined total of open positions is approx 4000. Some of these companies are not hiring anyone.

  • 28 votes
#1.17 - Mon Jul 30, 2012 1:54 PM EDT

Here ya go Doc just look at the list and you will notice that 15 or so of the top 20 donors are UNIONS.

http://www.opensecrets.org/orgs/list.php

  • 10 votes
#1.18 - Mon Jul 30, 2012 1:57 PM EDT

Stating the obvious and then dressing it as news is very original; caught us ALL by surprise! Congratulations NBC NEWS! No, not really!

  • 7 votes
#1.19 - Mon Jul 30, 2012 1:58 PM EDT

Mike,

It is ironic that these business owners are basing those 'signs' on a distortion. IN fact Rimney has said the same things in 2002.

Sure MIke produce a quote from late 08 or early 09. News flash the economy isn't in the same shape it was 3 years ago. I know facts aren't your strong suit.

OK Bob, cite the article if you can showing a 4-1 advantage. Evidence of schooling... Since when do you need to take those classes when you are studying for a law degree. Grasping at invisible straws again?!?

  • 15 votes
#1.20 - Mon Jul 30, 2012 2:00 PM EDT

Why would anyone involved in any business support a guy who targets business. If I was a CEO I could never support Obama because he is bad for business....not just personally for the CEO but for anyone who wants to build a business and that includes every employee working in the business. And let's be clear, some of those high paid executives are democrats as well. Unions leaders, Hollywood elites are not exactly the poor of this country. As others noted, many of these same CEO's supported Obama in 08 because of the promise of hope and change.....they now realize that was a bunch of crap.

  • 15 votes
#1.21 - Mon Jul 30, 2012 2:01 PM EDT

No surprise here.

Romney will totally deregulate Wall Street and allow the top corporations to do whatever they want in order to make a profit. The CEOs will get rich(er) while the workers get shafted(er).

If you're a Fortune 500 CEO and have no interest beyond your financial bottom line, the choice between Romney and Obama is a no-brainer---you support Romney with your vote AND you checkbook.

But if you're an employee of one of these companies, especially if you're on the lower rungs of the company, likely to hear your job's going to India or China any day now after three or four years without a raise despite the increased work load, and you're "for" Romney...wel,, you might want to take a closer look at that.

  • 62 votes
#1.22 - Mon Jul 30, 2012 2:03 PM EDT

It must be because they're just such upstanding members of our country that they can do nothing else besides look out for their fellow Americans. Such nice guys, those CEOs. I'm so glad they have us as their chattel.

  • 27 votes
#1.23 - Mon Jul 30, 2012 2:08 PM EDT

True to their nature Vultures prefer carrion.

  • 33 votes
#1.24 - Mon Jul 30, 2012 2:14 PM EDT

President Obama has brainwashed his minions to think that they can get along without big business. Good luck with that all of you progressive/liberals. I have said from early 2009 that President Obama will be the end of the progressive movement. His true agenda is out there for everyone to see and maybe 15% of Americans support him 100% with another 30% supporting him just because he is a democrat. There is no way in hell that he will get a second term. The few real democrats left in office know that fact and probably are betting against Obama.

1/20/2013 - the end of an error

  • 11 votes
#1.25 - Mon Jul 30, 2012 2:15 PM EDT

CEO's are usually conservative businessmen that do much good and very little harm.

WALL STREET is where we are screwed! Just like Big Government, they take trillions from the economy and produce nothing. Just like government, there is good there also, but it needs a huge shrinking as well.

CEO's of Forbes 500 companies are people we should listen to, THEY are the experts.

  • 9 votes
#1.26 - Mon Jul 30, 2012 2:20 PM EDT

It continues to shock me how those furthest removed from the impact of our poor economy are the most critical of those who create jobs. How vane. They continue on a quest to start a class war that's effect does not impact them, but those struggling to find full time jobs. This arrogance is going to destroy our nation.

  • 11 votes
#1.27 - Mon Jul 30, 2012 2:21 PM EDT

I mean, who are those who would benefit most form a Romney Presidency?

  • 27 votes
#1.28 - Mon Jul 30, 2012 2:25 PM EDT

Jeff1414

The American people.

We need a President who will work for ALL OF US.

Who would benefit most from an Obama second term? Just his friends.

  • 21 votes
#1.29 - Mon Jul 30, 2012 2:29 PM EDT

Shocker!

  • 3 votes
#1.30 - Mon Jul 30, 2012 2:29 PM EDT

It goes without saying:

If you have cancer, you want the best doctor that money can buy.

If you are being charge, you want the best attorney.

If you want the economy to get better, you want somebody that knows waht he is doing.

Romney 2012.

  • 23 votes
#1.31 - Mon Jul 30, 2012 2:30 PM EDT

The bigger question for me, how can any economy survive money being hoarded by any group. You can complain and name call all you want but the bottom line is Wealth is being concentrated in a certain group and that is reflection of Politicians pandering to money and donations.

For example, Oil, Why is it wrong to drill in our own Country and stipulate a well supplied US Market prior to world selling? That's a compromise that serves everyone, instead we create these false pretensions that Oil Companies are salivating to supply US Markets but our Government won't let them which is completely false. They have a much more vested interest in keeping supply low in order to command a higher return.

Another example, Tax receipts are obviously down, which we are told is due to lack of capital formation or no new businesses, which again is BS. The same group that exploited tax loopholes in early 2000 are still doing it, the only difference the early 2000's had a lot of start up businesses that couldn't take advantage of Tax attorneys. A lot of the Capital Formation in the early 2000's was artificial high prices in things like Houses and ridiculous credit standards that were unsustainable. It was easy to get money for about anything you wanted to do.

I just think the bulk of people who come on here and bloviate on party lines regardless of what makes sense or is reasonable to the majority. Real change will come when we have the courage to step out of our comfort level and compromise for the good of all.

  • 25 votes
#1.32 - Mon Jul 30, 2012 2:31 PM EDT

Obama has raised almost TWICE as much campaign money as Mitt Romney and most of it came from 1%ers. It astonishes me that some still believe Obama is for the small guy. Are you kidding me? Neither are for the small guy.

We've seen what one has done for 4 years and it sure ain't helping the lower or middle class. With less jobs, lower wages, higher food and gas prices since Obama took office, are we so naive that we will vote for him again? People need to wake up, things will not change unless we recognize the path we are on is not the right one. I voted for Obama in 08, I won't make that mistake again.

  • 12 votes
#1.33 - Mon Jul 30, 2012 2:33 PM EDT

HEADLINE:

Rich People Support Romney

Subtite:

Don't Want to Pay Their Share

  • 43 votes
#1.34 - Mon Jul 30, 2012 2:34 PM EDT

I get so sick of the "pay your fair share" BS.

Take a few minutes to LOOK IT UP!!! Then get back to us Gary and tell us who pays their fair share. Is it the poor? Is it the middle class? Is it corporations? NO, it is the rich. And yes, they will support Romney because Obama has made them a target for even more.

  • 17 votes
#1.35 - Mon Jul 30, 2012 2:38 PM EDT

I think this article highlights the need to have transparency in elections or outright getting money out of election campaigns. At the very least it is telling me how important it is that we all vote straight dems on election day. No CEO speaks for me or know my struggle so I in turn am opposed to whom ever they support!

  • 19 votes
#1.36 - Mon Jul 30, 2012 2:39 PM EDT

nomoresameo- kind of hard to do with this whole conglomeration business that's been running rampant since monopolies were outlawed.

anyone remember when lot's of people owned lots of businesses instead of a few people owning all of the businesses? CONGLOMERATES ARE THE NEW MONOPOLY.... MAKE THEM ILLEGAL. one person owning 15 brands = one person stealing 14 jobs!!!!

  • 18 votes
#1.37 - Mon Jul 30, 2012 2:40 PM EDT

James-2110694, So you see not correlation between CEO political donations and the high unemployment numbers? You don't think that corporations are not freezing hiring until after they get their puppet sleeping in the White House? We need to amend the constitution to stop corporate, union, PAC and Super PAC money out of all political campaigns. Look at Wisconsin's governor race. Walker's entire campaign was financed not by citizens of Wisconsin but by monied interests from outside the state like the Koch brothers. That is not government of the people and by the people. Canada spends a fraction of what we spend on politics and they seem to get by much better than we do. Look at the boondoggle of the Abrams tank the pentagon doesn't want to spend the money but can't seem to stop congress and their campaign funding masters.

  • 36 votes
#1.38 - Mon Jul 30, 2012 2:41 PM EDT

The American people (99%) or the uber rich? Big difference JH479998. Romney does not care about the little guy, how can he? he hasn't a clue what most Americans work for on a daily basis. he defines "out of touch". So, thanks for sharing your enormously intelligent comment. Sheep.

  • 29 votes
#1.39 - Mon Jul 30, 2012 2:42 PM EDT
Comment author avatarrgmoonExpand Comment Comment collapsed by the community

Use a little common sense. Who would you vote for? Someone who supports business or someone who
is looking to take all your business profits and give it to people who do not even get up and go to work or even try to find work.

  • 9 votes
#1.40 - Mon Jul 30, 2012 2:42 PM EDT

The buying of America continues while so many are so out of it they don't see or get it! Brainwashing by FOX will do that!

  • 29 votes
#1.41 - Mon Jul 30, 2012 2:48 PM EDT

There's a part of me that hopes that Romney wins so that, once again four years after the fact, Liberals will once again be able to say "see... same old ideas, brought same old problems, brought on a whole new economic collapse".

But of course if that happens, fault will no doubt be focused on some as-yet unnamed Democrat who, while having to deal to the buzzing of the brainless flies on the right; Republicans who will once again wash their hands of all responsibility of anything - ever. America will have to then - one more time - rely on the Democrats to try and bail America out from the latest Republican train wreck. And once again, Republicans will block all attempts to fix the mess they caused. Why?

Because fixing the mess isn't profitable for corporations; not like maintaining chaos and confusion among the American people. These corporate CEO's are nothing more than cannibals looking for their next meal... or in this case, their next quarterly profit report. It's a shell game.

Follow the money, fools.

  • 27 votes
#1.42 - Mon Jul 30, 2012 2:48 PM EDT

rgmoon,

You said it! It is called GREED!

  • 9 votes
#1.43 - Mon Jul 30, 2012 2:49 PM EDT

The top 1% already own 42% of the wealth, up from 40% last year. How much is enough? Until we all walk the streets?

  • 27 votes
#1.44 - Mon Jul 30, 2012 2:52 PM EDT

Fiesty..."Willard is the poster boy for GREED is GOOD!"

Yep, like no Dem/Lib ever did anything that supported the banking industry GREED:

On January 4, 1995, the new Chairman of the House Banking Committee, Representative James A. Leach (R-IA), introduced a bill to repeal Glass-Steagall Sections 20 and 32.[287] After being confirmed as Treasury Secretary Robert Rubin announced on February 28, 1995, that the Clinton Administration supported such Glass-Steagall repeal.[288] Repeating themes from the 1980s, Leach stated Glass-Steagall was “out of synch with reality”[289] and Rubin argued “it is now time for the laws to reflect changes in the world’s financial system.”[288]

http://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_Act#Glass-Steagall_developments_from_1995_to_Gramm-Leach-Bliley_Act

Did you read that? "...the Clinton Administration supported such Glass-Steagall repeal."

  • 9 votes
#1.45 - Mon Jul 30, 2012 2:52 PM EDT

Business men only make up only 5% of the voting population. They are at the mercy of the Masses. They try to compensate for being outnumberd 20 - 1 by putting money into campaigns that they think will be best for the economy. In 2008, they contributed to Obama and the Democrats, because they had lost confidence in the Republicans. In 2008, Obama won the executive money by a 2 - 1 margin. Being the margin is now 4 to 1 in favour of Romney, looks like there were quite a few regrets.

BTW: Hating the wealthy is exactly what Marx said would happen. What many don't understand is he Promoted class warefare because just promoting the communist theory wasn't good enough to work without assistance.

  • 11 votes
#1.46 - Mon Jul 30, 2012 2:52 PM EDT

Lvingbarefoot said..................................CEO's of Forbes 500 companies are people we should listen to, THEY are the experts.

They may be the experts, but what they are experts at is trying to bolster the bottom line. The problem with that, as we've all seen in America, is a loss of jobs.

Here are a few examples of your so called experts and what they are practicing.

Merck, Goldman-Sachs and Boston Scientific have all cut massive jobs in the U.S. over the past two years while adding at least the same number of jobs in other countries. Boston Scientific has expanded in China. Merck has expanded in China and Brazil. Goldman-Sachs has expanded in China.

Other companys that have cut massive numbers of jobs in the past 24 months are Sears, Gannett, Pfizer, Lockheed-Martin and Cisco.

I fully support free enterprise and capitalism in our country. But when corporate America decides that the bottom line is more important than the people who work for them during a recession, the net result is massive unemployment.

How many of the CEO's of these corporations took huge pay cuts before they ordered the loss of jobs to millions of hard working honest people trying to support themselves and their family?

I'm sorry Lvingbarfoot, but the execs you seem to support are looking out only for their welfare IMHO.

  • 34 votes
#1.47 - Mon Jul 30, 2012 2:53 PM EDT

hsi

Senator Glas actually began to campaign against Glas-Steagall himself. He realized that the restrictions were too much a burden for the economy to expand as quickly as needed after a recession. Because of politics, no one would listen.

  • 1 vote
#1.48 - Mon Jul 30, 2012 2:55 PM EDT

And this is all the American people need to know to vote for ABR (Anyone but Romney). Otherwise, the oligarchy that would replace our constitutional democracy will ensue. It doesn't matter that the rich are a small percent of the population, in fact that's the very problem -- that such a small percent are also the powerful who control everything. The Gilded Age of the Robber Barons and Monopolies -- Been there, done that, don't need to do it again.

  • 32 votes
#1.49 - Mon Jul 30, 2012 2:55 PM EDT

The Federal Government owns over 2/3's of the land in the US including all mineral and energy rights. The wealthy are puny compared to the government. They know that, but politicians are taking advantage of people who don't.

  • 5 votes
#1.50 - Mon Jul 30, 2012 2:56 PM EDT

CEOs have money, people have a great number..it's people's vote that counts in November.

It's David (people) vs. Goliah (CEOs).

If people come out and vote in great number, CEOs and their fellow Vulture have no chance.

  • 22 votes
#1.51 - Mon Jul 30, 2012 2:58 PM EDT

Eric, Et. al.

You stated that the CEO's support Romney because they would benefit most from him being president. Well, Yeah. Hello. I vote for the guy that I think will be the most beneficial to me (whose policies will be the most friendly to what I support). Why do you think that most of the people leaching from welfare want Obama to be the president...?

  • 5 votes
#1.52 - Mon Jul 30, 2012 3:04 PM EDT

Would everybody stop with the "greed" comments!! You CAN'T even define "greed" - can you?

Let me summarize for you: A person decides what is the best way to risk their capital and time. For risk averse people you go to work for a stable company and hope with hard work they will notice and realize you can add value to their organization.

For the entrepreneurs they make the decision of whether they should risk their capital and time and will it be worth it. Do they invest $100,000 in T-Bonds and make 2%? Do they invest $100,000 with slightly more risk into mutual funds and make 5%? Do they invest $100,000 with even more risk into a small business and make 12% but also might invest a years worth of time (which they could have made other money - this is called "opportunity cost") and possible lose ALL their $100,000?

What you call "greed" intelligent people call risk. When a person risks $100,000 and makes $20,000 shouldn't we be happy for them? Didn't this "success" create, say, 2 jobs? Doesn't that show us this person understands the business and with another investment of, say, $500,000 this person could create 10 MORE jobs? So what if he now makes $100,000 - isn't it a requirement for an entrepreneur to make a profit in order to incentivize him to risk his time and capital? Shouldn't we be happy when he NOW wants to invest $1,000,000? Doesn't that mean 20 MORE jobs??

And what happens when you penalize business telling them you want them to take the risk but there is NO WAY we are going to let them keep their greedy profits? They realize their potential reward is not worth the risk. Then you have an economy like we have right now. Unemployment above 8%. GDP at a stagnant 1.5%. Most on Food Stamps since the program started. Most on Welfare in over 50 years. Lowest labor-participation rate in over 50 years. Most unemployed over 6 months since the Great Depression.

And if you want to call the businesses of today "greedy" and threaten to punish their success with higher taxes just HOW do you expect them to start MORE businesses? I'll help you with that question - they won't.

So Obama fooled many with his "Hope and Change" but all it has turned into is "I Hope I can find some loose Change in the Sofa because that is all I have left". Businesses understand that the current administration is killing job creation and the job creators. This economy cannot grow and succeed without the businesses and they are the VERY people Obama is attacking. So they realize this economy cannot recover without the private sector and Romney is the only person that cares about the private sector.

  • 10 votes
#1.53 - Mon Jul 30, 2012 3:05 PM EDT

One night at Clooney's and the Left Coast Hollywierd celebs gave up $15 Million....P.Obama spoke for 19 minutes.....

http://www.justjared.com/2012/05/11/george-clooneys-obama-fundraiser-party-highlights/comment-page-4/

Then at Sarah Jessica Parker's swanky digs the East Coast swells coughed up $40,000 a plate.....Later that same evening P.Obama went to ANOTHER fundraiser for poor folks, some 250 people at the Plaza Hotel that could ONLY pony up $10,000 a piece....Nice he gave the lowly a chance to see His Awesomeness too...A real man of the People.....

http://ca.omg.yahoo.com/news/sarah-jessica-parker-hosts-barack-obama-fundraiser-details-133000146.html

Everyone else gets a $3.00 a piece chance to go to his Birthday Party ....1 Lucky Winner gets to go to Chicago.....After leaving Barrack's backyard....you're on your own.....stay out of the South Side...It's hazardous to your health....

  • 9 votes
#1.54 - Mon Jul 30, 2012 3:06 PM EDT

Rick's Real

There's a part of me that hopes that Romney wins so that, once again four years after the fact, Liberals will once again be able to say "see... same old ideas, brought same old problems, brought on a whole new economic collapse".

You're naively assuming the rightwing nuts learn anything, ever. Did they learn Saddam had NO ties to Al Qaeda? Did they learn there were NO WMD (not these were not moved to Syria)? Did the learn the president IS a legal citizen of this country? Do they accept that St. Reagan raised taxes 11 times, and no Republican president has balanced the budget since Nixon, or has had a surplus since Eisenhower?

Look at Teapublicans now, wanting to elect someone who will take the country back to the same failed GOP/Bush-era policies -- Not just voodoo economics, but also neocon warmongering, and religious radicalism. Most are so brainwashed they are clueless, but some know very well the ramifications and actually work to undermine the middle class and our constitutional democracy -- Like Romney's Private Inequity associate who openly advocates the rich controlling everything, and the rest of the population living in poverty.

Thanks to FAUX Noise/Hate Radio/Conspiracy Theory websites and chain Emails, as well as gerrymandering, a poor education system, religion and anti-intellectualism, etc. the rightwing have become so radical as to be insane and a scourge to our society. If only there really was such a thing as "liberal bias" in education or the media, then perhaps we could being deprogramming them.

  • 27 votes
#1.55 - Mon Jul 30, 2012 3:08 PM EDT

He goes by Mitt, not Willard. Unless you like to start your comment with basically, "I already know I'm wrong but..." so just a hint if you want someone to listen who isn't already bent over backwards for your left-wing fanaticism, use the correct titles, names, terms, and the like. If that sounds too hard for you, I'm not surprised, keeping winning those who are already won, you won't change anyone else's mind.

But at least you're always the first comment!

  • 5 votes
#1.56 - Mon Jul 30, 2012 3:12 PM EDT
Comment author avatarUncle HenryExpand Comment Comment collapsed by the community

how about all you welfare losers look for a job instead of complaining about people that actually work for a living and earn a good wage? i think the fat redhead could find work at mcdonalds plus she would get free meals.

  • 8 votes
#1.57 - Mon Jul 30, 2012 3:15 PM EDT

WOW, it is par for the course to have businessmen giving to Romney, but the unbelievable hipocrasy by the dems by taking such a large percentage of the 1%'s money. Isn't that what really sticks out in this article!

  • 4 votes
#1.58 - Mon Jul 30, 2012 3:15 PM EDT

The only issue that Mutt Romney has not flip-flopped, backtracked, or backpedaled on is revealing his tax returns.

That is the only issue that he has been defiant and steadfast on.

Doesnt it make you wonder what he is hiding?

  • 24 votes
#1.59 - Mon Jul 30, 2012 3:15 PM EDT

DB Akron

The Federal Government owns over 2/3's of the land in the US including all mineral and energy rights.

Most of the land in the country is worthless because of lack of water. As for the national parks, these are to be preserved for all generations, per Republican Teddy Roosevelt and the Bible instructing mankind to take care of the Earth and the plants and animals on it.

As for mineral and energy rights, it is disgusting that Big Oil is able to simply sit on top of a hole and suck out these resources for peanuts, and then sell it to us at a premium. I wish we would nationalize these resources, which belong to the people. These limited resources are not to be exploited for a profit by some jagoffs like the Koch brothers, who will then use those obscene profits to buy politicians and elections against the wishes of the founding fathers and our Republic form of democracy.

These rich and powerful people, and those like you who support and protect them, are at the minimum un-American and at the maximum committing treason.

  • 21 votes
#1.60 - Mon Jul 30, 2012 3:16 PM EDT

nomoresameo, many of the ones you listed are big Obama supporters. The banks, Wall Street and Big Pharma love him. Wow, the ones that seem to be screwing us the most are in Obama's corner. Any concern or just turn a blind eye?

I will stand with my belief that most of these Fortune 500 CEO's are decent people.

They play by the rules that the government imposes! If outsourcing is legal and makes you more competitive, you MUST do it or go broke. I hate it and many of them probably do, but if your competition is cheaper because of it, then you have to do it.

  • 1 vote
#1.61 - Mon Jul 30, 2012 3:16 PM EDT

Does anyone read the articles?... I have seen several posts that directly dispute the facts stated ..but they do so without anything supporting links or references.. unbelievable.

Romney’s advantage with these CEOs isn’t surprising. This same group of 500, not all of whom were CEOs of their respective companies in 2008, also favored Republican presidential nominee John McCain over Obama that year by a nearly 2-1 margin, $205,800 to $93,300. Fewer of the CEOs on the 2012 Fortune 500 gave in 2008; 112 total donated, 31 of whom gave to Obama and 81 of whom gave to McCain.

So the CEOs are not so good at picking a winner after all.

Post 1.3...stick to the topic ...CEOs

1.6 (lie alert)... they mostly supported McCain in 2008...

1.8 (lie alert) ... they article clearly states that Dems have raised nearly twice as much as Repubs overall.

1.9 (lie alert) ... walked around Boston...really.. and you lost count.. must have been a long walk.

1.11 (lie alert) ... the poster wrote "that MOST of these large corporate donors supported the CAMPAIGNER IN CHIEF in 2008... " however the article states, "Fewer of the CEOs on the 2012 Fortune 500 gave in 2008; 112 total donated, 31 of whom gave to Obama and 81 of whom gave to McCain."

1.26 lol

1.33 (twisted truth alert) what administration has not seen the cost of living go up????!!... ( btw, i have a better higher paying job than I did in 2008)..so you can't generalize to that degree.

Let's have an honest debate.

  • 13 votes
#1.62 - Mon Jul 30, 2012 3:20 PM EDT

Why wouldn't they support Mitt? they know he will be better for business than Obama

  • 6 votes
#1.63 - Mon Jul 30, 2012 3:21 PM EDT

Duh..... CEOs are business people; why in the hell would they donate to an incumbent who is blatantly anti-business?!

  • 6 votes
#1.64 - Mon Jul 30, 2012 3:24 PM EDT

Probusiness, "...What you call "greed" intelligent people call risk. "

I don't think there is a person out there who would call the "risk" the banks and mortgage lenders took during the housing crash "intelligent". Yes, sometimes, it is just greed.

  • 12 votes
#1.65 - Mon Jul 30, 2012 3:34 PM EDT

Brockton Barlow wrote: "Business owners of all sizes will be supporting Romney!"

Are you kidding? I own 3 businesses, and there is ZERO chance that I would vote for Romney. He has NO PLANS. He has zero track record of improving economy for small-medium size businesses (both in MA and his Baines Capital). He has ZILCH record of keeping mfg in USA. He has ZILCH record of promoting new idustries and new upstarts while governing.

Sorry, there is zero chance for me to invest on a ticket that that has provided ROI for small-middle size businesses.

  • 14 votes
#1.66 - Mon Jul 30, 2012 3:36 PM EDT

thturd - there is zero chance that you own a lemonade stand let alone 3 business.

  • 2 votes
#1.67 - Mon Jul 30, 2012 3:41 PM EDT

Yea, this is news? We all know that the 1% will back the Greedy Narcissist...why would they vote for President Obama who is trying to help the other 99%...really, anyone shocked by this article? Mittens will keep his FORBES CEO's not paying their fair share. No shock here.

  • 11 votes
#1.68 - Mon Jul 30, 2012 3:41 PM EDT

Who cares. We're in another recession. Enough with the bickering. Both men are taking loads of money from businesses in order for them to get favors. How about we take care of the economy instead of worrying about how much romney (who can't win— gets from companies)

  • 2 votes
#1.69 - Mon Jul 30, 2012 3:55 PM EDT

The reason Mitt gets all the money is that they KNOW he will do whatever they bid him to do. Just ask the Koch's, they know he is their candidate, bought and paid for, ready to to whatever they tell him to do.

  • 11 votes
#1.70 - Mon Jul 30, 2012 3:55 PM EDT

nomoresameo,

They may be the experts, but what they are experts at is trying to bolster the bottom line. The problem with that, as we've all seen in America, is a loss of jobs.

Here are a few examples of your so called experts and what they are practicing.

Merck, Goldman-Sachs and Boston Scientific have all cut massive jobs in the U.S. over the past two years while adding at least the same number of jobs in other countries. Boston Scientific has expanded in China. Merck has expanded in China and Brazil. Goldman-Sachs has expanded in China.

Other companys that have cut massive numbers of jobs in the past 24 months are Sears, Gannett, Pfizer, Lockheed-Martin and Cisco.

I can't speak for the CEO's of the companies you listed, but I can speak to the reason several of them have moved operations overseas. The medical device industry has taken a huge hit in their income, profits and value precisely because of the unknown impact and preparation for the ACA. While the implementation of the medical device excise tax was heralded as a small price to pay for all the extra customers the industry would receive as a result of the ACA.

The reality is that the prices of medical devices subject to the tax are set by the same federal government who implemented the tax through reimbursement policies as part of Medicare and have set them for many years. The only way to cover the additional tax is to reduce costs and the only way to do that is to reduce labor costs, thus transfer some manufacturing overseas.

While the tax is taking effect on January 1, 2013, there are not expected to be any new customers. This, along with more strict FDA regulations, has driven investors away from supporting new medical device companies in the US and starting many new companies in Europe, Israel, Australia and Asia.

This change is just an example of the negative consequences of an anti-business government.

  • 1 vote
#1.71 - Mon Jul 30, 2012 3:59 PM EDT

DUANE,

Mutt will be better for funny business!

  • 6 votes
#1.72 - Mon Jul 30, 2012 4:02 PM EDT

More class envy BS... DNCNews is just an Obama shill.... CEOs didn't get to be CEOs by being stupid... they know how the economy works and what would be good for it, and what would be disastrous... and Obama's economy has relied on massive deficit spending to even grow the economy at the pathetic pace it's growing.... which is unsustainable... CEOs want a business friendly (which, idiot Democrats, doesn't automatically mean predatory or unfair) environment... that's lower taxes, lots less BS regulation, and cheap energy... high taxes, lost productivity due to BS regulation, and high energy costs just get passed on to consumers... which is why most manufactured items aren't made here anymore... we can't compete with a 35% corp tax rate, stifling regulation, or bloated energy prices due to idiotic anti-energy policy... THAT's why CEOs are backing Romney, and not the Looter-in-Chief

  • 3 votes
#1.73 - Mon Jul 30, 2012 4:06 PM EDT

A few thousand dollars will reap HUNDREDS of THOUSANDS of dollars in income tax savings. A neat little trick these greedy CEO's see so readily in backing Corporate Puppetmasters instead of the PEOPLE'S CHOICE.

Obama/Biden 2012

  • 8 votes
#1.74 - Mon Jul 30, 2012 4:11 PM EDT

BrocktonBarlow: Quick to judge aren't you? Unlike Chick-Fil's CEO, I don't care about your gender and your beliefs as long as you pay. And for the Republicans, fortunately, you're not Mitt's running mate. You're the reason why I make certain that we constantly revisit our hiring practices.

  • 5 votes
#1.75 - Mon Jul 30, 2012 4:19 PM EDT

You people have seen nothing yet ! I bet "MITTWIT" will raise more money than any other candidate in history once his Mormon cult starts dumping money into one of his so called "super PAC's". What they don't know is that America cant justify replacing a loser with an even BIGGER loser. As sick as this makes me to say I believe that we may as well just keep the ass clown we have now and maybe in 4 years the Republicans can come up with a better choice than the jerk-off they have running now.

  • 6 votes
#1.76 - Mon Jul 30, 2012 4:22 PM EDT

jimsepa, The risks the banks and mortgage companies took during the housing crisis was done at the sake of being fined by the gvt for not loaning money to the underprivileged, a frank/pelosi deal, in order for poor people to "afford" a home after clinton deregulated wall street and the banks.

nomore, you left out microsoft, apple and ge....all companies that back Obama and have shipped massive amounts of jobs overseas. GE's CEO is Obama's job "czar" and is shipping jobs overseas while advising Obama on how to creat jobs here? yeah right.

    #1.77 - Mon Jul 30, 2012 4:22 PM EDT

    If you just won the lottery and had $100,000.00 to invest, who would you give it to, Obama or Romney?

    The choice is clear - Romney 2012!

    • 4 votes
    #1.78 - Mon Jul 30, 2012 4:24 PM EDT

    No surprises here, the folks that do the least to receive the highest levels of compensation regardless of whether the companies they "lead" perform wonderfully, poorly, or just average are all about supporting the candidate who reflects the TRUE Republican philosophy:

    "Personal responsibility unless your net worth is over $10 million"

    • 2 votes
    #1.79 - Mon Jul 30, 2012 4:26 PM EDT

    Top CEOs donate to Romney over Obama by 4-1 margin

    I've heard he already has a hotel on hold for his first "how to tax-cheat, with my proven record of offshore tax havens," seminar!!

    But you won't be able to go, it's like the Bilderbergers meeting last June 2012 in the Northern Virginia area:

    A perimeter of about a half-mile has been set up around the Northern Virginia hotel, and all non-Bilderberg guests reportedly were kicked out of their rooms. A photographer for The Washington Times was told by law enforcement Wednesday that any attempt to get close to the building would result in arrest.

    LOL

    OBAMA/BIDEN/HOLDER....2012!!!!

    • 6 votes
    #1.80 - Mon Jul 30, 2012 4:27 PM EDT

    This is what this country gets if we elect Romney. A spineless, gutless puppet on a string for the rich. Period!!

    • 6 votes
    #1.81 - Mon Jul 30, 2012 4:32 PM EDT

    Unlike Fiesty and her ilk, at least the CEO's actually do something for the economy, like produce, hire and expand (although not under Obama).

    Fiesty and her ilk sit around for endless hours, days, weeks and months trying to bolster the Socialist in Chief so she and her comrades can keep collecting their dole.

    What is so pathetically hypocritical about her, is she certainly doesn't mind Obama rubbing up with his 1%-er's now does she?! Including all the bleeding heart progressive liberals of Hollywood. Hey Fiesty, when was the last time you - one of the 99%-er's (probably a bottom 5%-er), was invited to an Obama dinner? Right, you actually have nothing to contribute.

    Romney 2012

    • 2 votes
    #1.82 - Mon Jul 30, 2012 4:52 PM EDT

    Armurray, Are you certain that the medical devices corporations and Pharma corporations are moving overseas NOt due to the more relaxed regulations and investment (transfer) taxes which are directly reflective in the return of the investors? Sorry, American population did not volunteer as human guineapigs. In addition, if one is not an American company, why should we care if its patents are violated? vs an American company? If you don't have skin in the game, why should we care?

    Of course, guess who are the major poltical contributors? the same players whose $ may be in limbo... Hence we return the point by the author.

    • 3 votes
    #1.83 - Mon Jul 30, 2012 4:52 PM EDT

    The medical device industry has taken a huge hit in their income, profits and value precisely because of the unknown impact and preparation for the ACA.

    Bull@!$%#. They move plants overseas to exploit 3rd world wages. Take the total tax bill actually paid by these companies and compare it to the total cost of labor (wages, benefits, employment tax, and various benefits). There is no comparison, whatsoever. Even H. Ross Perot warned about this in his arguments against globalization in 1992.

    American labor will NEVER be able to compete against a $2 an hour legions of workers in nations that have virtually zero regulations on health, safety and environmental concerns. The offshoring of jobs is purely and simply about beefing up profits. If it were not, WHY do we see zero companies relocating plants to other developed industrial nations?!

    This, in a consumer economy, which produces very little of what it buys, is called a "suicide economy." That is because without high wages and purchasing power, the very people who MUST spend to keep the economic engine running can no longer afford to do so. Add to that the fact that reckless, easy credit is no longer out there; the ATM machine that was attached to every mortgage has been repossessed. What we had in the 90's was the illusion of prosperity. What we have now is cold, hard reality. We sold our future for short term profit.

    I, for one, have absolutely NO sympathy or respect for those who have zero regard for the long term prosperity of this nation. THEY and not American; they are citizens of some gilded land, where Americans are no longer welcome.

    • 4 votes
    #1.84 - Mon Jul 30, 2012 4:53 PM EDT

    how would Obama even know how to build a business?

    How would Reagan? Business experience doesn't matter because the government is not a business.

    Yes Romney knows how to dodge taxes and exploit tax loopholes just as his CEO sponsors are doing. Obama wants to raise taxes on the rich back to Clinton Administration levels, a whopping 3% higher than they are now. So it makes sense the richest 1% of our country donate to Romney, the Karl Rove puppet.

    • 4 votes
    #1.85 - Mon Jul 30, 2012 4:56 PM EDT

    Fiesty said:

    Heaven forbid we NO longer allow Wall Street to function as their own private casino!

    And God forbib we no longer allow the useless to continue to suck the rest of us dry!

    • 1 vote
    #1.86 - Mon Jul 30, 2012 4:57 PM EDT

    Well, that just confirms what side Mittens is on.

    (Hint....its not ours)

    Obama/Biden 2012

    Clinton 2016

    • 3 votes
    #1.87 - Mon Jul 30, 2012 5:01 PM EDT

    Nomoresameo, You NAILED IT! here is a look at the so called saftey net that Romney says is there. this family has resorted to "internet pan handling" because the saftey net had a Gapping hole in it and let this family hit the ground! http: //igg.me/p/171832?a=874546 thake the space out of that link. It makes me sick familys have to resort to that and still NO ONE HELPS!

    • 1 vote
    #1.88 - Mon Jul 30, 2012 5:02 PM EDT

    As an individual, I support Romney – if I owned a business, I would be shuffling as much money as the law allowed toward getting him elected.

    I am forever hearing “corporate welfare,” “corporate greed,” blah, blah, blah.

    1) Corporations and small businesses are what fund this company. They pay a ton of the taxes from their profits AND then they turn around and pay wages out of that same pot of money to the remaining members of society who pay the rest of the taxes with it. Just a thought, have you ever considered that if all their profits are going into taxes and Obamacare, what they will have left to pay you with? Pebbles and charcoal?

    2) Since when is making a profit greed? Really? Do you seriously think there should be some sort of a bar that says you can’t earn more than X or we’ll consider it excessive? That kind of thinking falls under the category of jealousy. You’re jealous that so and so has managed to make a lot of money. I could understand that if they razzed your account and took it without your permission or got you to send in $100 for feather pillows and then sent you two chickens and a book on how to grow your own, but that’s not what happened. We, the American people, decided we needed bigger, better, and more –TVs, Cars, Houses, gas, stuff. They delivered and in the process made a fortune. OUR greed and need for material things built them. If you want to be mad at someone, go look in a mirror and then put away your checkbook and your credit cards and STOP buying everything your little heart desires. Save it, invest it and then you can hang on to it and take care of yourself and your family.

    • 1 vote
    #1.89 - Mon Jul 30, 2012 5:03 PM EDT

    Smitty said:

    This proves that the rich will always help the rich. Its that special club where money gets you. All you righties who make less than 250k and you vote for Rmoney you will have shot yourselves in the ass.

    I'm a conservative and I make a lot less than 250k, but I will always support business of all size (the vast majority are business's under 250k) as they are the one's that hire people and make the economy turn. I'm not real concerned about the burger flippers and WalMart workers. I'll be more concerned about them when they actually start paying their fair share of federal and state income taxes - something you on the left like to continually accuse business of not doing. Pretty hypocritical!

    • 1 vote
    #1.90 - Mon Jul 30, 2012 5:04 PM EDT

    Well you don't donate to the a$$ whole trying to take you down and talking s#$t about you all the time!

      #1.91 - Mon Jul 30, 2012 5:06 PM EDT

      Obama sucks, Romney sucks even more. End of story.

      • 1 vote
      #1.92 - Mon Jul 30, 2012 5:09 PM EDT

      ROTFLMAO!!!!!!!

      I see the Liberal bobble heads are out in force.

      How dare those mean, nasty, rich corporations give millions to Romney. This isn't fair! Corporations are not people.

      Right Libbies?

      But the goonions are, right? The same unions who have spent $4.4 billion from 2005-2011 on political activity. $1.1 billion was reported to the Federal Election Commission, but those sneaky unions reported $3.3 billion to the Labor Department over the same period on political activity.

      Hypocrites!

      • 2 votes
      #1.93 - Mon Jul 30, 2012 5:10 PM EDT


      Mitt-Romney style of CEOsTo gain only profits

      Regardless at whatever cost? Why cares !even dumping the Country to the drain?,create business lies,create taliban ideology for war's profiteering,Business rich dont pay taxes,only the poor pay taxes mode,remove Business Ethic,create unethical by profit of these portfolio unmoral philosophies,teleological,egoism,justice,utilitarianism,deontological,relativism.

      DUMPING THESE PROFIT OBSTACLES 1) ETHICAL (MORAL) JUDGMENT. 2) ETHICAL (MORAL) INTENT. 3) ETHICAL (MORAL) BEHAVIOR

      Big mess-Mitt Romney,BP,Enron,Wall Street,Arthur Andersen,ImClone,Healthsouth and thousand of them to list.

      • 2 votes
      #1.94 - Mon Jul 30, 2012 5:13 PM EDT

      Harley Chic

      If you just won the lottery and had $100,000.00 to invest, who would you give it to, Obama or Romney?

      The choice is clear - Romney 2012!

      I hope you are not giving investment advice on this basis. The clear choice is neither. You invest in yourself and do something positive with it. Build a business, invest in Muni's...

      A must read for Romney fans:

      • 2 votes
      #1.95 - Mon Jul 30, 2012 5:33 PM EDT

      The war is on, more and more people as they drop out of the labor market are going to wake up to the fact that we have been at war since 1980 and with the exception of 1992-2000 the rich are winning the war. Hopefully, a few independents will read this and think, something those middle class republicans are incapable of. When I was a young lad, starting my first job on average CEO's only made 25 times the amount of money I did. Now its 250 times the average person that actually does the work.

      My grand mother never worked outside of the house. She maintained a good house too. Grandpa had a factory job, no education and managed to work his way up into management. They owned a house, and other property they bought for speculation. Etc.

      My dad dropped out of school in the 10th grade, joined the Navy and fought a war. When he returned there was plenty of work to go around. He supported us bought a house and a car every three years. Kept a second care until he retired just to drive back and forth to work. Mom worked for about 10 years, she provided the extras. I had one year of college before I dropped out I managed to make it to retirement own my own home. Etc.

      The point of this whole thing. History needs to repeat itself. The middle class needs more money in their pocket and Governor Romney won't do that. He is being bought by the very people in this country whose ripping the money off from those like me who really earn their money for them. You middle class republicans can mark my words before this is over, there very well could be full fledged riots in the street with a lot of burning and looting. History repeating itself. We are at war.

      It is the shame of this country that the top 1% do not pay their fair share, are withholding jobs while Veterans sleep under bridges and children go to bed hungry. Not one person in this country should have to go without basic health care and shelter of some sort should be a given. What ever it takes.

      Make it emphatic, vote straight democratic.

      • 2 votes
      #1.96 - Mon Jul 30, 2012 5:39 PM EDT

      And Americans are likely to vote for Romney 4 to 1 over Obama too!

      However, MSNBC or DNC employees like Feisty Redhead,who apparently have unparalleled access to this Newsvine so they can make Post 1.0, will do all they can to prop up the most incompetent man we've ever elected President.

      NOBAMA 2012!

      .

      • 2 votes
      #1.97 - Mon Jul 30, 2012 6:06 PM EDT

      John in Battle Creek

      Hopefully, a few independents will read this and think, something those middle class republicans are incapable of.

      As an Independent, when I read this I thought - If he had a real argument, he wouldn’t resort to insults.

      The middle class needs more money in their pocket and Governor Romney won't do that.

      What do you base this on besides your own opinion? Romney’s economic plan keep taxes low for the middle class. Analyzing his record on taxes and spending as Governor will show that his policies were beneficial to the middle class as jobs and wages grew for them under Romney’s watch in MA. What will take money out of the hands of the middle class for generations is the national debt, which has increased more in 3+ years under Obama than under GWB, and GWB’s spending was atrocious. The tax increase Obama plans on the wealthy won’t cover a ¼ of the deficit spending, let alone bring down the debt AT ALL.

      He is being bought by the very people in this country whose ripping the money off from those like me who really earn their money for them.

      Obama also gets money from these people, why do you not hold him accountable? Very hypocritical. Personally I believe both are guilty of getting money from suspicious and corrupt donors.

      It is the shame of this country that the top 1% do not pay their fair share, are withholding jobs while Veterans sleep under bridges and children go to bed hungry.

      What do you consider “fair share”?

      Not one person in this country should have to go without basic health care and shelter of some sort should be a given. What ever it takes.

      No one does. There are housing subsidies, public housing, shelters, non-profit organizations, food stamps, free clinic healthcare, and free hospital care available right now.

      Make it emphatic, vote straight democratic.

      What an absurd and ignorant statement. As if a single party has a monopoly on everything that is right or wrong in our society. Let’s hope that voters are more intelligent and not as lazy as yourself and will actually research the candidates, their records, their positions and make an educated decision.

      • 1 vote
      #1.98 - Mon Jul 30, 2012 7:15 PM EDT

      John in Battle Creek

      The war is on, more and more people as they drop out of the labor market are going to wake up to the fact that we have been at war since 1980 and with the exception of 1992-2000 the rich are winning the war. Hopefully, a few independents will read this and think, something those middle class republicans are incapable of. When I was a young lad, starting my first job on average CEO's only made 25 times the amount of money I did. Now its 250 times the average person that actually does the work.

      YESSSSS!!!!!

      John I am SO glad you brought that up. So, I assume you were a young “lad” between 1975 and 1980, right? You’re probably wondering how I know that, right?

      Well, I’m looking at a graph here called, “CEO-to-worker compensation ratio, with options granted and options realized, 1965-2011”. Now, the options issue isn’t important but the ratio of compensation you may find very interesting. The interesting part is that depending on the CEO compensation measure, U.S. CEOs in major companies earned 20.1 or 18.3 times more than a typical worker in 1965; this ratio grew to 29.0-to-1 or 26.5-to-1 in 1978 and 58.5-to-1 or 53.3-to-1 by 1989 and then surged in the 1990s to hit 383.4-to-1 or 411.3-to-1 by the end of the recovery in 2000. The fall in the stock market after 2000 reduced CEO stock-related pay (e.g., options) and caused CEO compensation to tumble until 2002 and 2003.

      Hmmmm, it seems the biggest wage discrepancy occurred during Bill Clinton’s terms. Was he a Republican? It seems the rich were kicking our a$$ between 1992 and 2000. I don’t remember you Liberals screaming from the “fairness” mountaintop back then. It seems this talking point is just another limp-wristed effort to blame those mean nasty corporations that you all depend on for your jobs, incomes and investments.

      Here’s the link:

      epi.org/publication/ib331-ceo-pay-top-1-percent/ (Go to Figure A to see the graph)

      Your trip down memory lane is very touching and many of us Boomers can relate. Unfortunately you are delusional if you think we will ever see the level of wealth, prosperity and standard of living the uneducated enjoyed back then. Those days are long gone.

      The reason is the world has gotten much bigger and it has also gotten much smaller. It got bigger because it took humanity up until 1960 to create 3 billion people on this planet, since then we have added over 4 billion more. It has gotten much smaller because of technology. Events that used to take days, like news, or travel that took weeks, like crossing the Atlantic, happen much faster today. As a result the world has learned what we did at the beginning of the industrial revolution, mostly from us, and are incorporating it in their own emerging nations. This is the big difference. To think that the rest of the world was going to just sit by and allow us to be the premier economy, military force and industrial nation forever is wishful thinking.

      After WW I, the Depression and WW II we were the only standing industrial nation as the rest of the world laid in economic and military ruin. The world, and America, needed rebuilding, and rebuild it we did. The problem is, we forgot what got us there. We didn’t build the strongest economy and military on the backs of government, we built it on domestic exportable manufacturing industries. As we benefitted from our new found wealth and prosperity we forgot to be vigilant of our government. As our standard of living grew, so did our government, not proportionally, disproportionately. It began to intrude on the private sector and the result is we went from an economy built on 53% exportable manufacturing in 1960 to 9% today.

      More importantly we neglected our education system completely. Yes, you could drop out of 10th grade in the 50’s, 60’s, 70’s and even the 80’s, walk into most factories and get a reasonable job. Today many of those jobs have been replaced by outsourcing or innovation, technology and automation. The emerging economies are catching up to us. And as much as we want to reject that, they have to. There is no way we could produce everything the 7 billion people on this planet need if we tried. But we can be competitive nonetheless.

      Getting to the competitive level will require a lot of changes. Unfortunately the changes are not the simple little tweaks the “Hope-and-Change" cabal want. We have allowed our once envied export manufacturing industries to be reduced to some nonsensical consumption/service sector hybrid economy. We have tried that for 30 years and it has proven to be an abysmal failure. When we became consumed with consumption, to the point of living off of credit cards, second mortgages and home equity loans to quench our need for more “stuff”, the result we see today is easy to understand.

      We have to be honest, we have lived, as a nation, far beyond our means and the message is, for the foreseeable future, that we will be forced to live beneath our means as all this debt is paid and the necessary corrections are made.

      This will be the hardest part for many Americans.

        #1.99 - Mon Jul 30, 2012 7:31 PM EDT

        They favor Romney 4 to 1? What's up with that "1"? Duh!

        Romney favors and uses the same exaggeratedly low tax rate at the top end that encourages them to remove money from the business CHEAPLY through huge personal paydays versus reinventing in equipment or jobs... (wordy but true).

          #1.100 - Mon Jul 30, 2012 7:44 PM EDT

          We suppose if Romney wins, these CEOs will quit outsourcing and off-shoring. Close down their Cayman Islands financial tax-havens accounts. Start hiring Americans, especially the Blacks.

          OH NO!!! It is called TRICKED UP ECONOMICS. see..trickle down never worked.

            #1.101 - Mon Jul 30, 2012 8:47 PM EDT

            Harley Chic

            If you just won the lottery and had $100,000.00 to invest, who would you give it to, Obama or Romney?

            The choice is clear - Romney 2012!

            You need to add "if gun was to your head" to this analogy because anyone who won the lottery and willingly gave it to one of these F***tards to invest needs to club themselves to death.

            The choice is clear - Coin Flip at the voting both 2012!



              #1.102 - Tue Jul 31, 2012 1:44 AM EDT

              Hope and Change is now Mope and Blame

              • 1 vote
              #1.103 - Tue Jul 31, 2012 11:35 AM EDT

              Sociopaths and Mormons for Romney!

                #1.104 - Tue Jul 31, 2012 5:04 PM EDT

                Pf course the republicans corporate bosses contribute 4 times the money to Romney. How else wouldy ou expect them to buy the republican party?

                  #1.105 - Sat Aug 4, 2012 12:11 PM EDT
                  Reply
                  Comment author avatarmcpaddywackRestored

                  This is good.......americans will see that the economy under obozo will never be robust........and feisty?...quit crying about romney's wealth.....that is more pathetic than blaming bush for obama's failures.....and really...why don't you go out and earn your own wealth?.....i know earning wealth is an alien concept to libs.....ROMNEY IN NOVEMBER!

                  • 54 votes
                  #2 - Mon Jul 30, 2012 1:29 PM EDT
                  Comment author avatarEric-913730Restored

                  Yeah, Bush isn't to blame for anything. It was really Obama that started both of those wars and cut taxes. Heck, it's Obama's fault for 911 and probably World War II.

                  The wealthy aren't a problem, they only are hiding 32 trillion in offshore accounts.

                  Yeah vote for Romney, like Pelosi says, "we have to elect Romney to know what he stands for".

                  • 33 votes
                  #2.1 - Mon Jul 30, 2012 1:49 PM EDT

                  @eric

                  Bush went to congress and congress authorized the wars. Why do you so conveniently leave that out every time you try to blame bush? YOUR DEMOCRAT CONGRESSMEN VOTED FOR IT

                  The wealthy aren't the problem, you are absolutely correct. The problem is half of the people in this country want other peoples wealth without working for it. Call it entitled if you may.

                  Yeah Vote Obama, the most hostile president to private enterprise that we have ever had in the white house. Vote for Obama, someone who truely has never made a dollar outside of government.

                  Its worked out so well for us so far, you know, his pledge to be the most transparent ever... can you sense the sarcasm?

                  Edit: i would hide my money offshore if this greedy president wanted to get his redistrubtive hands on it too. people shouldn't be entitled to my money for just existing...

                  • 26 votes
                  #2.2 - Mon Jul 30, 2012 1:56 PM EDT

                  Sure Brendan, based on lies. Who wouldn't believe the president at that time? Why would he have made up Iraq WMD capability? Oh I don't know to keep a second term.

                  Hostile to private enterprise? Show me where this has occurred. BTW, he may have made most of his money in government but not all. I seem to remember him donating the proceeds of his recent book. And I guess you never heard of cabinet?

                  You would hide your offshore money. Nice comment as if you would ever be that successful. BTW, since you need to learn about government find out who is responsible for taxes. BTW, D-bag. the 32T didn't start with Obama so the US has been getting screwed for a long time. You just choose to acknowledge it now that Obama is president. Hypocrite!

                  • 17 votes
                  #2.3 - Mon Jul 30, 2012 2:07 PM EDT

                  Adam, uhhh, you must be blind and/or ignorant of the situation to think Obama is not hostile to private enterprise. Look at his gaffe a few weeks ago, the infamous " you didn't build that" remark. Notice how he has been walking back his comments ever since.

                  The only reason his book was sucessful is because he is a sitting president. 100% of Obama's income outside book sales have come from government. He has never held an hourly job, what does he know? He has never started a business, what would he know?

                  Yes i would hide my offshore money. If the money was invested and profits are made outside of the USA, what right does the USA have to my money?

                  When you can't debate principle, default to calling me a D-bag. Nice one! By the way im independent and am a Ron Paul supporter, so i don't fit the typical repub/democrat model as you do.

                  • 13 votes
                  #2.4 - Mon Jul 30, 2012 2:26 PM EDT

                  I got it....it was the congressman and senators fault, Bush had nothing to do with it.

                  It must have been Obama that said we would be out of Iraq in 6 months.

                  Republicans have been redistributing the wealth via "trickle down" economics since Reagan. The problem is, the wealthy are keeping the money, nothing is trickling down, and they aren't hiring.

                  Talk about transparency, Romney is the least transparent nominee for the Presidency ever !

                  Keep trusting businesses, you know, Barclay's didn't do anything really wrong. It was only price fixing.

                  • 15 votes
                  #2.5 - Mon Jul 30, 2012 2:32 PM EDT

                  You two are fighting like a bunch of spoiled little brats...There's a saying "Don't let yesterday use up too much of today"...Retrospection is a good thing, but obsessing over it and using it as an excuse for any lack of forward movement is pathetic and cowardly.

                  • 1 vote
                  #2.6 - Mon Jul 30, 2012 2:36 PM EDT

                  Eric.. I never said that bush didn't have anything to do with it. Your twisting my words. To place blame soley on bush is ignorant of how wars start.

                  So if we have tried trickle down as you say, do you suggest taxing the wealthy as a form of forceful restributive policy so the middle class can grow? Do we just send checks to the middle class from the rich's checking account? How do you propose?

                  Talk about transparency, Obama refused to release school transcripts. Obama meets with Lobbyists across the street from the white house so they arent on the visitor logs. Obama signed the NADA.. talk about transparency!!

                  Barclays is a british bank, well outside of US jurisdiction. Try to keep up mate.

                  • 10 votes
                  #2.7 - Mon Jul 30, 2012 2:42 PM EDT

                  How could the economy ever be robust???? GWB left the economy as a hot mess, and you think it should be ROBUST by now??? Lol. you people are clueless.

                  • 8 votes
                  #2.8 - Mon Jul 30, 2012 2:44 PM EDT

                  Eric...you're way off base. Dem/Libs made it clear in no uncertain terms for years that Bush was responsible for everything that ever went wrong since the Big Bang.

                  Obama has never done anything wrong in his life. We got it already.

                  Can we move on to intelligent debate?

                  • 5 votes
                  #2.9 - Mon Jul 30, 2012 2:58 PM EDT

                  No surprise - Romney is of the rich, for the rich, and by the rich.

                  • 11 votes
                  #2.10 - Mon Jul 30, 2012 2:59 PM EDT

                  Top CEOs donate to Romney over Obama by 4-to-1 margin

                  I want to know which are the one in four that are stupid enough to donate to a democrat...

                  • 4 votes
                  #2.11 - Mon Jul 30, 2012 3:01 PM EDT

                  The !% already owns 42% of the wealth and that is up from 40% the year before. It is called GREED and that is what will get. Ike warned of the Military industrial complex back in the 50's and he was a republican. A smart one which is hard to find now a days.

                  • 9 votes
                  #2.12 - Mon Jul 30, 2012 3:02 PM EDT

                  Why is this news? This is completely expected, and if people read the article, it says the same thing. Must be a slow news day in politics.

                  • 2 votes
                  #2.13 - Mon Jul 30, 2012 3:02 PM EDT

                  Surprise Surprise Surprise!

                  They really do believe that they alone can buy this election and continue to jump through tax loopholes with no penalties!

                  Yo Romney the time has come to face reality---you may get the bucks but you don't have the guts skill or intelligence to better this country for all the people not just your golf and equestrian buddies.

                  remember the pains of Bush, Romney will bring them back two-fold!

                  • 4 votes
                  #2.14 - Mon Jul 30, 2012 3:05 PM EDT

                  Brendan 4,

                  I'm serious. since you are a Ron Paul supporter you believe that all illegal drugs should be made legal? That is smart for our country!

                  • 2 votes
                  #2.15 - Mon Jul 30, 2012 3:05 PM EDT

                  I think Romney should run on the Hope and Change platform...with emphasis on transparency. It's a proven winner!!

                  God help us, we are so @!$%#ed...

                  • 1 vote
                  #2.16 - Mon Jul 30, 2012 3:08 PM EDT

                  It could be robust if you get off the rich peoples case.

                  Eric likes to tell you the rich are hiding it. They aren't. They have invested this money overseas because overseas investment makes more sense than investing here in the US. The money they have over there is profits. Profits that are remaining after their gross profit was taxed at 25 - 35%. If they bring that money into the US, the will lose another 40 - 60% in Federal, State and local taxes.

                  Would you do that. If these corporate boards did, the shareholders would fire them!

                  Your problem is greedy politicians who take other people tax money to give to people who vote for them. What has happened is the cost has become too great for businesses to bare, so they have bailed.

                  All you have to do is give a period of 2 or 3 years where the Federal tax is greatly reduced IF they bring the funds back and invest in American production. Combine that with a cut in federal regulation and It's a win - win proposeal that will bring between 1 & 2 Trillion dollars back into our economy..

                  • 2 votes
                  #2.17 - Mon Jul 30, 2012 3:08 PM EDT

                  Keep on playing that class warfare stuff commies. We need fresh thinking instead of this two party old boys club crap.vote for Ron Paul,write him in.

                  • 1 vote
                  #2.18 - Mon Jul 30, 2012 3:08 PM EDT

                  Yep, greedy billionaires support another greedy billionaire who will work his hardest to make them trillioniares while the rest of us are reduced to dog-do.

                  • 2 votes
                  #2.19 - Mon Jul 30, 2012 3:12 PM EDT

                  clwyd

                  Im pro-choice for drugs. You should regulate what you put into your body, not the government. Are you implying if all drugs were legal tomorrow that you would go out and be a druggie because they are legal?

                  get real, and try to keep up.

                  • 1 vote
                  #2.20 - Mon Jul 30, 2012 3:22 PM EDT

                  Ok, so the 1%ers are increaesing their percentage of total wealth. Let's look at what economic demographic is increasing their base more rapidly and what they do with their entitlements, they spend it on the things that the 1%ers offer for sale. The rich get richer and the dumb multiply significantly!

                    #2.21 - Mon Jul 30, 2012 3:28 PM EDT

                    @eric

                    "The wealthy aren't the problem, you are absolutely correct. The problem is half of the people in this country want other peoples wealth without working for it. Call it entitled if you may."

                    You do realize that the vast majority of the wealthy got their money handed to them... well over 90%.......By not working for it but rather by inheriting it... research this if you think I'm wrong. So its okay if the wealthy don't work for their entitlements but you have a problem with the non-wealthy. So as one poster said it above... if you vote republican and don't make 250 k a year you are not voting in your best interest. In fact I'd take it one step farther and say you're probably mentally challenged

                    • 4 votes
                    #2.22 - Mon Jul 30, 2012 3:29 PM EDT

                    President Obama has brainwashed his minions to think that they can get along without big business.

                    Whoa! Who is brainwashed here?

                    Big Business does nothing. They have no use whatsoever. The people who make air conditioners and toasters and cars and toothpicks all still live in this country. And guess what! They all still know how to make those items.

                    If Big Business were to disappear tomorrow we'd have a nation fully employed.

                    You are the one who is brain washed.

                    • 2 votes
                    #2.23 - Mon Jul 30, 2012 3:32 PM EDT

                    @MR.

                    How is inheriting money from YOUR OWN FAMILY an entitlement? Are we suposed to feel privaledged when the government lets our family keep our own money? Are you saying its OK that the government steal money from our families when we pass away? What the F??

                    Your argument has got to be the most asinine and un-american post ive seen here in a long time.

                    Holy cow these boards have reached a new low.

                    Ill take my comments one step further. A vote for a liberal democrat is a vote for an un american president.

                    • 3 votes
                    #2.24 - Mon Jul 30, 2012 3:43 PM EDT

                    What a selective memory. Even BILL CLINTON said they had WMDs and based off his own knowledge and intelligence gathering while he was president. Regardless. Obama/Bush numbsculls are both resposible. Obama needed to end these wars when he took office. Instead he promised and then said but lied and we had combat missions only 15 days after all combat troops were removed. We keep buying this nonsense from both sides and the nutty left and the nutty right keep arguing so loudly that they forget the details. Both are and have been doing the same thing. Obama is GWB the third and Romney is Obama the second. They are two in the same.

                      #2.25 - Mon Jul 30, 2012 3:59 PM EDT

                      @brendan-4: You are obviously 100% insane, and watching too much Fox News. Let me show you some FACTUAL information about who voted for the Iraq resolution of October 2002. Just a little preview; while you think it was the democrats that tipped the scales, you are clearly wrong. Many of them supported it, but not the majority:

                      House of Representatives
                      Republicans for: 215 (96.4% of republicans)
                      Republicans against: 6 (2.7% of republicans)
                      Democrats for: 82 (39% of Dems)
                      Democrats against: 126 (60% of Dems)

                      Senate
                      Republicans for: 48 (98% of republicans)
                      Republicans against: 1 (2% of republicans)
                      Democrats for: 29 (57% of dems)
                      Democrats against: 21 (41% of dems)

                      I suggest before you type on that stupid keyboard of yours, you check your FACTS. The FACTS here are that the democrats were quite split, though the majority did not support the war. It is also a FACT, that the VAST majority of warmongering Republicans DID support the war. WELL over 95% overall. The other thing is that democrats based their decisions on what we now know to be FALSE intelligence stating that Iraq held WMD's. Republicans don't care, because they are nothing more than warmongers, no matter what. It's all about defense spending, and war war war, because that's what lines their pockets. War is profitable, because Republicans don't actually care about people. They care about money money money.

                      Stop being so ignorant, and please STFU.

                      • 2 votes
                      #2.26 - Mon Jul 30, 2012 4:17 PM EDT

                      LeftLeaningLisa

                      I can see I touched a nerve, nice. Im independent so please don't spew your partisan b.s.

                      Still can't debate the fact that democrats did support the war initially.

                      • 4 votes
                      #2.27 - Mon Jul 30, 2012 4:29 PM EDT

                      You people have seen nothing yet ! I bet "MITTWIT" will raise more money than any other candidate in history once his Mormon cult starts dumping money into one of his so called "super PAC's". What they don't know is that America cant justify replacing a loser with an even BIGGER loser. As sick as this makes me to say I believe that we may as well just keep the ass clown we have now and maybe in 4 years the Republicans can come up with a better choice than the jerk-off they have running now

                        #2.28 - Mon Jul 30, 2012 7:52 PM EDT

                        You do realize that the vast majority of the wealthy got their money handed to them... well over 90%.......By not working for it but rather by inheriting it... research this if you think I'm wrong.

                        According to PNC's fourth annual Wealth and Values survey, your claim is BS.

                        "PNC's fourth annual Wealth and Values Survey revealed that 69 percent
                         of Americans with $500,000 or more in investable assets accumulated most of
                         their fortune by earning it through work, business ownership or
                         investments. This compares to the 6 percent who attained their wealth
                         primarily through inheritance. The remaining 25 percent gained their wealth
                         through a combination of inheritance and earnings."
                        
                        http://www.prnewswire.com/news-releases/most-affluent-americans-earn-their-wealth-feel-more-secure-during-economic-downturns-pnc-survey-reveals-57351597.html
                          #2.29 - Tue Jul 31, 2012 11:48 AM EDT
                          Reply

                          If I were a CEO of a major corporation, I too would support the candidate that was pro-business and who didn't go around vilifying me every chance he got. To do otherwise would be self-destructive.

                          • 96 votes
                          #3 - Mon Jul 30, 2012 1:30 PM EDT
                          Comment author avatarEric-913730Expand Comment Comment collapsed by the community

                          Yeah, cause that CEO isn't worried about a job, health care, making ends meet.

                          We can't have people villifying Barclay's or price fixing.

                          • 101 votes
                          #3.1 - Mon Jul 30, 2012 1:51 PM EDT

                          Banks have sure done a great job of restoring trust. NO issues with deregulation. As the government is bought by corporations, they don't care who wins because they always win. As you are not a 1% why would you vote to be self-destructive.

                          • 51 votes
                          #3.2 - Mon Jul 30, 2012 2:10 PM EDT

                          Because you lack basic intellectual skills necessary to discern data and make informed decision on your own. Look at the education levels of red states v. blues states and you will realize how the GOP fools their base into voting against their economic interests. Pretty sad actually.

                          Lastly, i would say from this article that if a CEO has an off shore account (which I am sure most do) you are going to vote for donald duck in order to preserve you individual wealth. Even if the country is worse off, how patriotic!!

                          • 92 votes
                          #3.3 - Mon Jul 30, 2012 2:50 PM EDT
                          Comment author avatarmikehatawayExpand Comment Comment collapsed by the community

                          Ceo's worry about their jobs just as much as anyone else does. If you were making $5 million per year and got it cut off suddenly, do you think you would be in good shape financially?

                          • 14 votes
                          #3.4 - Mon Jul 30, 2012 2:51 PM EDT

                          A 5m I sure would hope so!

                          Ignorance simply breeds more ignorance---if a EO cannot survive on 5M a year, plus kickbacks, SS, Health Ins and 401K's then I feel very sorry for them---maybe they should loose thier job and come back to reality!

                          • 47 votes
                          #3.5 - Mon Jul 30, 2012 3:07 PM EDT

                          Ceo's worry about their jobs just as much as anyone else does. If you were making $5 million per year and got it cut off suddenly, do you think you would be in good shape financially?

                          I would hope so. No one is forcing people to live an unsustainable, lavish lifestyle, that it their own greed. If someone makes 5 million a year and doesn't put a chunk enough a way their first year to survive if things go bad, then they need to cut back on luxury and plan. You can live a very nice lifestyle on half of that and with proper planning, retire on 2.5 million if you had to and never run out of money as long as you don't need the best and biggest of everything.

                          • 33 votes
                          #3.6 - Mon Jul 30, 2012 3:09 PM EDT

                          Go,

                          "I too would support the candidate that was pro-business and who didn't go around vilifying me every chance he got."

                          Can you give an example of this vilification?

                          • 30 votes
                          #3.7 - Mon Jul 30, 2012 3:10 PM EDT

                          Eric

                          CEO's might make big money, but often lose there families. Clearly, you've never worked with a CEO, I have.

                          • 10 votes
                          #3.8 - Mon Jul 30, 2012 3:10 PM EDT
                          Comment author avatarthisbusymonsterExpand Comment Comment collapsed by the community

                          I too would support the candidate that was pro-business

                          Here's your problem: Romney isn't pro-business. He's pro-scam. His model is not how "business" is done, it's how vultures pick the carcass of an economy and kill any remaining signs of life.

                          Consider that GDP is higher under Obama than it was under any term of the Bush administration.

                          Consider that the Dow is consistently higher under Obama than it was under the disaster of the Bush administration.

                          Consider that employment is higher.

                          There's one philosophy that makes business more successful, and it's NOT the Republican philosophy which guarantees that business and the economy overall always get worse when a Republican is in charge. Except for a few fat cats, whoever is buddies with the Republican administration in question.

                          So, do you support business by con artist as a model of economic success?

                          • 44 votes
                          #3.9 - Mon Jul 30, 2012 3:11 PM EDT

                          Where else can you buy a Presidency but America, get ready for a Buck fifty wage if Romney wins. Minimum Wage, We don't need no stinking minimum wage, we'll just starve them out, Hell we'll just create our own CHEAP labor.

                          • 40 votes
                          #3.10 - Mon Jul 30, 2012 3:12 PM EDT

                          DarkShadow,

                          Good to see that you are the judge/jury of what someone else wants to do with their money.

                          This situation is reflective of what our business leaders already know. Namely, that Obama has ZERO clue as to how the economy works. Let's face it, companies are not going to begin hiring again until Barack is gone. Unfortunately, they cannot afford the risk given the hostility our POTUS has brought to bare on the business community.

                          • 18 votes
                          #3.12 - Mon Jul 30, 2012 3:14 PM EDT

                          We need more hope and change! Transparency too! Stand up Chuck, stand up! Holder isnt hiding anything you vultures! The economy is about to take off. When you first step on the peddle, most cars hesitate just slightly before they set you back in your seat!

                          • 7 votes
                          #3.13 - Mon Jul 30, 2012 3:15 PM EDT

                          And this is all the American people need to know to vote for ABR (Anyone but Romney). Otherwise, the oligarchy that would replace our constitutional democracy will ensue. It doesn't matter that the rich are a small percent of the population, in fact that's the very problem -- that such a small percent are also the powerful that control everything. The Gilded Age of the Robber Barons and Monopolies -- Been there, done that, don't need to do it again.

                          Rick's Real

                          There's a part of me that hopes that Romney wins so that, once again four years after the fact, Liberals will once again be able to say "see... same old ideas, brought same old problems, brought on a whole new economic collapse".

                          You're naively assuming the rightwing nuts learn anything, ever. Did they learn Saddam had NO ties to Al Qaeda? Did they learn there were NO WMD (no these were not moved to Syria)? Did they learn the president IS a legal citizen of this country? Do they accept that St. Reagan raised taxes 11 times, and no Republican president has balanced the budget since Nixon, or has had a surplus since Eisenhower?

                          Look at Teapublicans now, wanting to elect someone who will take the country back to the same failed GOP/Bush-era policies -- Not just voodoo economics, but also neocon warmongering, and religious radicalism. Most are so brainwashed they are clueless, but some know very well the ramifications and actually work to undermine the middle class and our constitutional democracy -- Like Romney's Private Inequity associate who openly advocates the rich controlling everything, and the rest of the population living in poverty.

                          Thanks to FAUX Noise/Hate Radio/Conspiracy Theory websites and chain Emails, as well as gerrymandering, a poor education system, religion and anti-intellectualism, etc. the rightwing have become so radical as to be insane and a scourge to our society. If only there really was such a thing as "liberal bias" in education or the media, then perhaps we could begin deprogramming them.

                          • 42 votes
                          #3.16 - Mon Jul 30, 2012 3:18 PM EDT

                          This should be of no surprise when Romney has vowed to end capital gains tax... which would bring his effective tax rate and the rates of wealthy like him close to 0%. And he has vowed to cut taxes for everyone but also broaden the base effectively increasing taxes on the poor while cutting them for the rich.

                          It should be obvious by now this is the 1%-ers candidate.

                          • 39 votes
                          #3.17 - Mon Jul 30, 2012 3:18 PM EDT

                          Obama vilified doctors and pharmaceutical companies when trying to pass ACA. Obama called banking industry executives Fat Cats. He has continually pitted one group against another by appealing to the basest of human traits - envy.

                          • 19 votes
                          #3.18 - Mon Jul 30, 2012 3:20 PM EDT

                          I quadrupled my wage under Bush. Fell backwards under Obama. I'm looking forward to 8 years with Romney. ROMNEY 2012!

                          • 27 votes
                          #3.19 - Mon Jul 30, 2012 3:20 PM EDT

                          With regard to the "you did not build it" talking point: For heaven's sake stop relying upon Fox News and Karl Rove to interpret what President Obama said. I will not insult you by telling you what he said or interpreting it for you but beg you to listen for yourself.

                          Rove believes that if you repeat a lie often enough it becomes the truth. He continues to insult the American people and gets away with it.

                          • 46 votes
                          #3.20 - Mon Jul 30, 2012 3:21 PM EDT

                          CNN rocks, screw you foaux news! Wolf Blitzer is cool...the last 10 years of his employment were a daze!

                          • 5 votes
                          #3.21 - Mon Jul 30, 2012 3:21 PM EDT

                          Was this article a surprise to anyone?

                          • 10 votes
                          #3.22 - Mon Jul 30, 2012 3:22 PM EDT

                          To @JacksBackInBlack: Obama NEVER said that they didn't build their businesses, but that they needed the social and material infrastructure that others built to enable their businesses to grow and flourish.

                          It doesn't help Romney's case that almost all the grumpy businessmen in his ads have gotten -- as Romney has -- government loans and other subsidies.

                          • 32 votes
                          #3.23 - Mon Jul 30, 2012 3:22 PM EDT

                          Why wouldn't they support Mitt? they know he will be better for business than Obama!

                          • 14 votes
                          #3.24 - Mon Jul 30, 2012 3:23 PM EDT

                          I have to agree, but the thing that has always puzzled me is why don't the poor and middle class always vote for the only party (democratic) that has ever done anything for them. I'm retired and I have friends who like me are collecting social security and medicare and are planning on voting Republican. It makes absolutely no sense. The whole idea is to vote for the people that are going to do what's good for you. In the end the people that get in are going to do the best for the majority, that's called a democracy.

                          • 17 votes
                          #3.25 - Mon Jul 30, 2012 3:24 PM EDT

                          Why wouldn't they support Mitt? they know he will be better for business than Obama!

                          What baffles me is that 1 in 4 actually donate to O'bama haha. WTF?

                          • 13 votes
                          #3.26 - Mon Jul 30, 2012 3:25 PM EDT

                          John Oconner, I think the issue is common sense. Nothing wrong with voting for people who will "do the most" for you. But alot of people have higher morals and common sense. The understand anything the government gives you was taken from someone else. You are better off with less government over the long term. ROMNEY 2012!

                          • 18 votes
                          #3.27 - Mon Jul 30, 2012 3:26 PM EDT
                          Comment author avatarflbikerchickExpand Comment Comment collapsed by the community

                          Actually, I'm sure Obama's comment that business owners "didn't build" without help went down really well with the employees who helped them build their businesses, especially the ones who did the lion's share of the labor. THAT is precisely what Obama meant, regardless of how Romney and his crew try to spin it. No business of any size was built by the effort of just one person, but most large corporations treat their employees like liabilities, not assets.

                          • 23 votes
                          #3.28 - Mon Jul 30, 2012 3:27 PM EDT

                          What did O'bama mean when he said that "Now is the time that we will lower the seas?"

                          • 1 vote
                          #3.29 - Mon Jul 30, 2012 3:29 PM EDT

                          The fact that more business leaders support Romney is not surprising.

                          In this corner is Mitt Romney - a Baker scholar at Harvard Business School, a titan of industry at Bain Capital, a turnaround expert (see the 2002 Winter Olympics).

                          In that corner is Barack Obama - whose only private sector job was as a part-time law instructor.

                          • 20 votes
                          #3.30 - Mon Jul 30, 2012 3:31 PM EDT

                          so how does the rest of the Obama quote go "...you didn't build that...."

                          I'm sure Fox played the whole thing for you, no, just a sound bite.. oh I see. Well here you go. Let me know if you need help reading it..

                          "Look, if you've been successful, you didn't get there on your own. You didn't get there on your own," Obama said then. "I'm always struck by people who think, 'Well, it must be because I was just so smart.' There are a lot of smart people out there. 'It must be because I worked harder than everybody else.' Let me tell you something: There are a whole bunch of hardworking people out there. If you were successful, somebody along the line gave you some help."

                          Obama cited teachers and mentors who helped "create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges."

                          Then, Obama teed up the line that left Republicans giddy. "If you've got a business, you didn't build that. Somebody else made that happen. The Internet didn't get invented on its own. Government research created the Internet so that all the companies could make money off the Internet," Obama said, returning to his thesis.

                          "The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together."

                          For further context:

                          Quoted from Elizabeth Warren - nearly a year earlier

                          She said: "There is nobody in this country who got rich on his own. Nobody." And then she hit her stride:

                          "You built a factory out there? Good for you," she says. "But I want to be clear: You moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn't have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did."

                          As for the tax implications, Warren said: "Now look, you built a factory and it turned into something terrific, or a great idea? God bless. Keep a big hunk of it. But part of the underlying social contract is, you take a hunk of that and pay forward for the next kid who comes along."

                          If the facts are just an inconvenience then I understand.

                          • 35 votes
                          #3.31 - Mon Jul 30, 2012 3:32 PM EDT

                          That is the most bone-headed post I have seen in years. I work for a corporation and they treat us very well. I started and owned a small business in the mid 80's and my employees were hired after we actually got it going and were paid well. I took no pay until I felt the bottom line was safe enough to do so.

                          Stop parroting the liberal/progressive/socialist talking points and actually think for a change.

                          • 16 votes
                          #3.32 - Mon Jul 30, 2012 3:34 PM EDT

                          If the facts are just an inconvenience then I understand

                          ...and libs never take things out of context now do they haha. This is how the game is played. Disgusting isnt it. I dont like it either.

                          • 5 votes
                          #3.33 - Mon Jul 30, 2012 3:34 PM EDT

                          DarkShadow,

                          Good to see that you are the judge/jury of what someone else wants to do with their money.

                          This situation is reflective of what our business leaders already know. Namely, that Obama has ZERO clue as to how the economy works. Let's face it, companies are not going to begin hiring again until Barack is gone. Unfortunately, they cannot afford the risk given the hostility our POTUS has brought to bare on the business community.

                          Victor, when I see someone going to bat over the poor worries of someone making 5 million a year, you are dead on that I am going to judge. Why should I be concerned how some rich guy is going to be able to afford his yacht when there are people (probably under his own payroll somewhere down the line) trying to make ends meet. If someone is making 5 million a year and can't survive after losing their job, then that shows the lack of intellect for which they probably got fired in the first place.

                          These companies that are taking the economy hostage for their own greed deserve no support whatsoever. These companies have created the hostile market by their only desire to increase company profit and the amount the CEO's can stuff into their pockets. Small enterprise is done because of the influence these huge corporations have over everything. If they refuse to do the hiring, then other companies will pop up and do it for them. If they want to continue then they can stop being spoiled children and holding the economy up and start doing business the new way with emphasis on the people, not CEO mansions. The old capitalist economy is dead along with the American dream due to the influence of mega-corporations. Once we started bailing out corporations we no longer could claim being a capitalist society, we are knee deep in corporate socialism, using anything we have to save the almighty corporation.

                          • 21 votes
                          #3.34 - Mon Jul 30, 2012 3:34 PM EDT

                          MireV03

                          This should be of no surprise when Romney has vowed to end capital gains tax... which would bring his effective tax rate and the rates of wealthy like him close to 0%. And he has vowed to cut taxes for everyone but also broaden the base effectively increasing taxes on the poor while cutting them for the rich.

                          To quote Romney (about blind trusts) "It's a ruse." Offering tax cuts "to everyone" is how they get popular support for tax cuts for the rich. The Bush tax cuts started out this way with the 2001 cuts applying to all income brackets. But then the Republicans narrowly passed the 2003 breaks for dividends, capital gains, estate tax, etc. that ONLY applies to the richest 2%. The main problem is the cuts and tax credits always benefit the rich WAY more than the rest of the population -- And Romney's plan is even more "severe" in benefiting the rich more than the working poor. And then if congress tries to make the tax code more fair later, good luck with that.

                          Kornfed

                          What baffles me is that 1 in 4 actually donate to O'bama haha. WTF?

                          Of course it would baffle you and other RWNJs to think that there are some rich and powerful people in this country that actually love this country. They are in Hollywood, Silicon Valley, and even a few on Wall Street (though the financial guys are probably just hedging).

                          The Bush tax cuts are going to expire, and I for one will celebrate, and will fight like crazy to keep Romney and his crony capitalists from taking control of our Republic and democracy. ABR!

                          • 17 votes
                          #3.35 - Mon Jul 30, 2012 3:35 PM EDT

                          As someone standing somewhere in the middle it sure is obvious to duck down and let the two opposing sides shoot it out. You guys are destroying yourselves thus my Country.

                          • 8 votes
                          #3.36 - Mon Jul 30, 2012 3:36 PM EDT

                          You mean bankers like Bob Diamond of Barclays, Jamie Dimon of JPMorgan, Sandford Weill of CitiGroup, you mean those fatcat bankers?

                          Show one time when President Obama vilified doctors. Just one time that can be verified.

                          You want to talk about pitting one group against another. How about taking a comment completely out of context and trying to use it to divide people who started their own businesses from everyone else in this country that uses the infrastructure, educational system, police protection, fire protection and many other services that have been created and maintained by the country as a community. Just one example of the hard work Romney's putting in to gaining power at the expense of honesty. And don't even try to equate repeating lies, even after they have been exposed as lies, to not being able to keep campaign promises. What he said before saying what he wanted as a result was that he would WORK to make these things happen. With the current cast of rabid alley cats that comprise the Republican freshmen class of the House of Reps, it's amazing that there has been anything accomplished.

                          And Arther,

                          Romney only needed $1.6 billion tax payer dollars to "save" those Olympics. Good time small government there.

                          • 19 votes
                          #3.37 - Mon Jul 30, 2012 3:36 PM EDT

                          If that don't tell you which side he is on and who will gain the most by him winning, nothing will .

                          • 10 votes
                          #3.38 - Mon Jul 30, 2012 3:37 PM EDT

                          To..Arthur""""

                          And the last president we had was a business man ..okay a failed one in oil of all things ..but they sure do know how to cook the books now don't they ..

                          • 15 votes
                          #3.39 - Mon Jul 30, 2012 3:38 PM EDT

                          I'm sure Obama's comment, you didn't build that didn't float too well with people who have spent their entire lives working for and building corporations.

                          don't let the fact that he didn't say that influence your bigotry.

                          When did we turn into a society so ignorant someone can chop off half the comment and we just believe them?

                          • 14 votes
                          #3.40 - Mon Jul 30, 2012 3:38 PM EDT

                          Show one time when President Obama vilified doctors. Just one time that can be verified.

                          O'bamacare

                          • 5 votes
                          #3.41 - Mon Jul 30, 2012 3:39 PM EDT

                          Let's Be Honest

                          PAC $ is BRIBERY.

                          Legalized by the Supreme Court

                          We The People are pawns in a big money game.

                          • 18 votes
                          #3.42 - Mon Jul 30, 2012 3:42 PM EDT

                          The Bush tax cuts are going to expire, and I for one will celebrate, and will fight like crazy to keep Romney and his crony capitalists from taking control of our Republic and democracy. ABR!

                          Bush tax cuts were across the board. Careful for what you wish for.

                          • 6 votes
                          #3.43 - Mon Jul 30, 2012 3:43 PM EDT

                          2Sense - So Obama plagiarized Elizabeth "Fauxcahontas" Warren?

                          That makes the quote even worse!!!

                          • 3 votes
                          #3.44 - Mon Jul 30, 2012 3:49 PM EDT

                          Do you all really hate each other so much? I am over 60 and have never seen this country so divided by politics. It is only politics it is not life. I have never really been impacted on a personal level by a President unless he has put us at war.

                          Why would anyone hate Obama or Romney? They are both patriots who want to do what they think is right for our country and it is of course normal to disagree on the best path toward a better America. I do not believe that all this liberal vs conservative crap does one good thing for this country and it seems to get worse by the day.

                          We now have a person in congress who is suggesting that there is a Muslim take over going on under our noses? Are we that stupid to think that could happen from within. Christ no one gets to be President for more than eight years. What ever happened to "I might not agree with you but will defend with my life your right to say it!"

                          • 11 votes
                          #3.45 - Mon Jul 30, 2012 3:52 PM EDT

                          John

                          I have to agree, but the thing that has always puzzled me is why don't the poor and middle class always vote for the only party (democratic) that has ever done anything for them.

                          And therein lies the problem, John. A large voting bloc in this country wake up every morning thinking, "I wonder what the government is going to do for me today???"

                          • 7 votes
                          #3.46 - Mon Jul 30, 2012 3:53 PM EDT

                          OWNEDBYFEW

                          you are correct all this back stabbing on the part pf the right has got to stop.. unless of course they can start telling the truth..

                          newest CEO on the scene is a woman .. she is the exec of YAHOO at $70 million per year plus options and all the other things that we can't have by the way for a the private organization IOC, ROMNEY got them with the help of a lot of right wing folks in the congress, $1.3 billion remember it's a PRIVATE ORGANIZATION but we funded the city of mormons to build the facilities for the games in salt lake

                          you folks know the rest, nothing for the 98%.. if that is wrong please me know

                          • 11 votes
                          #3.47 - Mon Jul 30, 2012 3:53 PM EDT

                          Arthur, the 'fact' that more CEO's support Romney is for one reason and one reason only; more money in THEIR wallets as opposed to their employee's wallets. In your corner and not standing for anything, is a draft-dodging, corporate-raiding, pension-stealing, federal money-grabbing, 'Olympic' outsourcer, who doesn't want to show anyone anything, even 'concrete' plans for the country, because he's always shaking that etch-a-sketch and redrawing hyperbolic messages only his 'God' from Kolob would understand. In the other corner AND standing; THE President.

                          • 15 votes
                          #3.48 - Mon Jul 30, 2012 3:53 PM EDT

                          Trail Lawyers, Unions, and illegals all give to Obama 4 - 1 yet no stories?

                          Of course CEOs who want their business to do well are not giving to Obama. This may be news for some of you but Obama has been the biggest economic failure since Hoover.

                          • 6 votes
                          #3.49 - Mon Jul 30, 2012 3:53 PM EDT

                          ARTHUR

                          perhaps it's time for you to get on the road and support Romney.. bu take lots of clothes cause you might get egged or something

                          • 4 votes
                          #3.50 - Mon Jul 30, 2012 3:55 PM EDT

                          Mitt Romney, the best candidate money can buy. Such a sad state of affairs. Especially if you're a Republican.

                          • 15 votes
                          #3.51 - Mon Jul 30, 2012 3:56 PM EDT

                          GoUSA wrote "If I were a CEO of a major corporation, I too would support the candidate that was pro-business and who didn't go around vilifying me every chance he got. To do otherwise would be self-destructive."

                          If that is the case, then why would one vote for Romney who vilifies business resources? Taking the side of giant corporations is not the same as PRO BUSINESS. It is simply pro-big business. It is about pro consolidation and elimiination of enginuities and inventions. It is about killing off dreamers. It is about continuing moving us back to the early 1890-1930, where the workers are powerless and elimination of the middle class. If you don't know, the greatest resource that USA IS our HUMAN CAPITAL. Lowering the cost of production through wage is absolutely stupid and short sighted.

                          • 14 votes
                          #3.52 - Mon Jul 30, 2012 3:56 PM EDT

                          Care to elaborate on Obama care Kornfed... or is it bad because you heard it on TV?

                          What part vilified doctors.... was it that no exclusion based on pre-existing conditions, was it the insurance companies cant drop you when you get sick, was it that insurance companies have to spend 80% of premium dollars on patient care instead of only 33%.

                          As someone that has actually read it, you seem absolutely clueless of its contents

                          • 14 votes
                          #3.53 - Mon Jul 30, 2012 3:56 PM EDT

                          Do you all really hate each other so much? I am over 60 and have never seen this country so divided by politics

                          O'bama, the Nobel Peace Prize winning uniter! Romney, not much better, he is a pandering fool...a used car salesman. We are doomed to failure

                          They are both patriots who want to do what they think is right for our country and it is of course normal to disagree on the best path toward a better America. I do not believe that all this liberal vs conservative crap does one good thing for this country and it seems to get worse by the day.

                          They are self serving politicians whos over inflated egos only have room for one love...themselves. Show me a man with unbending principles, and I will show him respect in return.

                          I do not believe that all this liberal vs conservative crap does one good thing for this country and it seems to get worse by the day

                          Its horrible for us. You can blame the two established parties for this as well. Our representatives are destroying us. A bunch of finger pointing can kickers with more love for themselves than for thier country.

                          • 2 votes
                          #3.54 - Mon Jul 30, 2012 3:59 PM EDT

                          So, let me understand this. Apparently nobody every built any business. Nobody ever accomplished anything. It was all just a big community project that everyone pitched in equally on. Right. Got it. It's a great strategy for expanding the nanny state that is developing nicely in this country, not to mention a superb talking point for launching a new communist movement. Let's all just share the wealth equally. That's a great plan. It worked in the Soviet Union for about 70 years. But only because the government killed tens of millions of its citizens. Otherwise, it would have collapsed in 10 years. Our system is not perfect. It's simply the best system there is. If you don't like your lot in life then quit blaming everyone else and so something about it. This is the one country on the planet where you actually can. At least for now.

                          • 6 votes
                          #3.55 - Mon Jul 30, 2012 4:00 PM EDT

                          In your corner, a draft-dodging, corporate-raiding, pension-stealing, federal money-grabbing, 'Olympic' outsourcer, who doesn't want to show anyone anything, even 'concrete' plans for the country, because he's always shaking that etch-a-sketch and redrawing hyperbolic messages only his 'God' from Kolob would understand.

                          On the side; THE President.

                          I see you didn't list any of Obama's accomplishments, could it be becuase he doesn't have any?

                          • 3 votes
                          #3.56 - Mon Jul 30, 2012 4:01 PM EDT

                          Of course, they are voting their self interest (Romney will reduce taxes on the wealthy) and not the interest of the U.S.

                          • 6 votes
                          #3.57 - Mon Jul 30, 2012 4:05 PM EDT

                          ".... we tried our plan -- and it worked .... I'll cut out government spending that's not working, that we can't afford ..."

                          How can we not believe Obama and the liberal democrats?!

                            #3.58 - Mon Jul 30, 2012 4:06 PM EDT

                            Wake up! So the !% who own 42% of the wealth, up from 40% last year, want more. GREED, it is called!

                            • 7 votes
                            #3.59 - Mon Jul 30, 2012 4:08 PM EDT

                            MireV03,

                            I can't speak for the doctors, but I can speak to the reason several of the medical device companies have moved operations overseas. It's a pretty good example of how Obama has a good theory, but doesn't understand reality.

                            The medical device industry has taken a huge hit in their income, profits and value precisely because of the unknown impact and preparation for the ACA. While the implementation of the medical device excise tax was heralded as a small price to pay for all the extra customers the industry would receive as a result of the ACA.

                            The reality is that the prices of medical devices subject to the tax are set by the same federal government who implemented the tax through reimbursement policies as part of Medicare and have set them for many years. The only way to cover the additional tax is to reduce costs and the only way to do that is to reduce labor costs, thus transfer some manufacturing overseas.

                            While the tax is taking effect on January 1, 2013, there are not expected to be any new customers. This, along with more strict FDA regulations, has driven investors away from supporting new medical device companies in the US and starting many new companies in Europe, Israel, Australia and Asia.

                            This change is just an example of the negative consequences of an anti-business government.

                            • 2 votes
                            #3.60 - Mon Jul 30, 2012 4:08 PM EDT

                            Of course Mittens gets more support from industry than Obama. The Republican'ts stand for no rules (or, for the right donation your company can get an "exemption"; Wall Street gambling without having to pay for the consequences, No lending standards for Banks, vigilante justice becomes the law of the land and lies allowed if you get caught cheating.)

                            If people are stupid enough to vote for Romney then they get what they deserve. No whining will be allowed when the EPA is abolished and our air and water are so contaminated you cannot breathe and tap water cannot be used; when national standards for education are abolished and the schools your kid went to were so inferior that your kid cannot get into college; when our military can no longer specify what equipment they need because Congress is controlled by the defense contractors they sold out to; or when medical care becomes so expensive that only the uber wealthy can afford it.

                            • 8 votes
                            #3.61 - Mon Jul 30, 2012 4:09 PM EDT

                            Perhaps because they think he can get the recovery back on track?

                            Obama has certainly been a FAILURE in that regard.

                            Perhaps having a President that understands business would help create more jobs than the one that demonizes businesses.

                            • 10 votes
                            #3.62 - Mon Jul 30, 2012 4:10 PM EDT

                            If I were a CEO, I too would support the candidate that would bend public sentiment in my favor, allowing me to continue to reduce salaries and benefits, continue offshoring and outsourcing, and line my pockets at the expense of the taxpayers of this country.

                            Yeah, that's what I'd do. For sure. You bet.

                            • 8 votes
                            #3.63 - Mon Jul 30, 2012 4:10 PM EDT

                            Wake Up!

                            So the 1% who own 42% of the wealth, up from 40% last year, want more? GREED it is called!

                            • 8 votes
                            #3.64 - Mon Jul 30, 2012 4:11 PM EDT

                            JacksBackInBlack

                            Can you give an example of this vilification?

                            You didn't build that wasn't exactly a ringing endorsement for business.

                            And, of course, you know, the "you didn't build that" quote was in reference to the roads, bridges, and other infrastructure that ALL Americans get to use (and pay for) as part of the "common good". Presdient Obama made a verbal error, in that he didn't qualify what "that" is/was, however, anyone with half a brain can read/listen to the entire speech and determine he wasn't saying "you, who started that Deli 20 years ago, YOU DIDN't Build That,"; he was saying, because of the great American system, your business can succeed and THAT (building infrastructure) is what YOU didn't do all by yourself.

                            I love the cut/paste politics of 2012!

                            • 5 votes
                            #3.65 - Mon Jul 30, 2012 4:11 PM EDT

                            Let's get real.

                            CEO's support Romney because he will let them keep their profits that than making them share with their workers.

                            PERIOD.

                            • 10 votes
                            #3.66 - Mon Jul 30, 2012 4:12 PM EDT

                            Roy,

                            The failure is Congress. It is Congress's economy!

                            • 6 votes
                            #3.67 - Mon Jul 30, 2012 4:15 PM EDT

                            Bill-857242

                            ".... we tried our plan -- and it worked .... I'll cut out government spending that's not working, that we can't afford ..."

                            How can we not believe Obama and the liberal democrats?!

                            Sweet Jeebus, seriously? Let me explain this to the feeble-minded -- What he have tried are the GOP/Bush-era policies, not just deficits don't matter when it comes to unnecessary warmongering, but more specifically in regard to supply-side voodoo economics that started during Reagan. We now know without a doubt that tax cuts do not pay for themselves, rather these are tax expenditures that create debt, that a top down approach of "trickle-down" tax cuts for the rich (who are not the job creators), does not trickle down, the invisible hand does not correct the market, and all the other superstition that conspiracy theory ignoramuses will fall for.

                            vwterry

                            Show one time when President Obama vilified doctors. Just one time that can be verified.

                            They heard it from some moron like Glenn Beck, therefore it must be true (NOT). The RWNJs have zero merit or facts to support their positions, so all they can do is repeat the lies and call people names.

                            • 7 votes
                            #3.68 - Mon Jul 30, 2012 4:16 PM EDT

                            peteMT,

                            How do you come up with that? Name a company that has reduces salaries and benefits that aren't in restructuring or bankruptcy.

                            • 2 votes
                            #3.69 - Mon Jul 30, 2012 4:16 PM EDT

                            armurray:

                            You do realize the major flaw in your arguement is by simply adding the tax to the price of the device, the cost is passed forward and spread across all medical consumers, right?

                            As far as no new customers are concerned, who are you defining as a customer? Patients, there will be plenty more now that the E.R. is not their Dr. of Choice; Hospitals, clinics, etc., they replace their medical equipment quite regularly to keep up with new technologies and procedures - and you know that, so stop the fear-mongering already.

                            • 5 votes
                            #3.70 - Mon Jul 30, 2012 4:16 PM EDT

                            The amazing part is how many CEO's are so stupid; apparently, there are many, many companies about to crater. A good thing for investors to know.

                            • 1 vote
                            #3.71 - Mon Jul 30, 2012 4:18 PM EDT

                            I'm just confused as to where intelligence has gone. GOP news stations like to lie and twist words and like sheep, their viewers gobble up every single word. You know, sheep used to be intelligent creatures, until stupidity was bred into its gene pool. I'm pretty sure this is what is happening with the GOP, and now they're trying to spread their idiocy like a disease.

                            stupid, stupid, stupid. Try thinking for yourselves.

                            • 6 votes
                            #3.72 - Mon Jul 30, 2012 4:20 PM EDT

                            Just Wrong,

                            You are just wrong. Since you didn't read my post, I'll repeat what I said about passing on costs. Medical device reimbursement rates are set by a federal Medicare reimbursement panel. Unless this panel agrees to increase reimbursement rates by 2.3%, companies cannot pass this new cost to consumers.

                            Obama stated that the new excise tax would be offset by the increased number of insured patients that would be new customers for the medical device industry. The problem with this is that 1) the current projections don't support increased numbers of insured and 2) if it does happen, it will be several years in the future. Business has to plan based on the information it has now which is lower business profits (just look at sales for the device companies).

                            • 3 votes
                            #3.73 - Mon Jul 30, 2012 4:27 PM EDT

                            Obama outspent Romney 4-1 in the swing states on attack ads & is STILL dropping in the polls.

                            Obama has spent more than $91 million on television ads in eight swing states as of July 6, a massive sum that dwarfs the $23 million former Massachusetts governor Mitt Romney has disbursed on campaign commercials in those same places.

                            4-1 margin must be the trend. hehehe.

                            • 4 votes
                            #3.74 - Mon Jul 30, 2012 4:29 PM EDT

                            It won't take 4-1 spending to defeat a religious cult member.

                            • 2 votes
                            #3.75 - Mon Jul 30, 2012 4:33 PM EDT

                            clwyd - No, I think everyone wants to maximize their earnings and wealth. That's human nature and their's nothing wrong with that. How do you define "greed"? Is it anyone that wants more than what they currently have or is it just if someone that has more than YOU wants more? Most (not all) of the wealth created in this country is new wealth. It's created by building businesses, innovation, new technology, etc. It is simply unavoidable that wealth will be concentrated in small numbers. The 1% concept applies across the board - business, sports, art, music, Hollywood, science - everywhere. The most exceptional talent rises to the top. Fortunely for the rest of us, life can still be pretty good even if we can't rise to that level.

                            And - I never said they want more. They probably just want to keep what they have and not be villified because they are more successful than most. They pay more in taxes to support all this infrastructure that "helps" their business. They pay WAY more than their fair share of all taxes. And most don't complain too much until the government comes asking for more that they know damn well is going to wasted while the debt continues to increase.

                            • 5 votes
                            #3.76 - Mon Jul 30, 2012 4:33 PM EDT

                            Megamillionaires like the Koch brothers invest in politicians.

                            Don't you ever wonder what they expect their "return" to be after the election's over? I guarantee you they're expecting a big profit on those "contributions".

                            • 6 votes
                            #3.77 - Mon Jul 30, 2012 4:34 PM EDT

                            Obama outspent Romney 4-1 in the swing states on attack ads & is STILL dropping in the polls.

                            I don't think you're much familiar with the concept of fluctuations, are you?

                            • 1 vote
                            #3.78 - Mon Jul 30, 2012 4:35 PM EDT

                            That's what this country gets if we elect Romney. A spineless, gutless puppet on a string controlled by the rich.

                            • 9 votes
                            #3.79 - Mon Jul 30, 2012 4:35 PM EDT

                            No Rod, it is Obamas economy, he is the leader, he is responsible for bringing both sides together. All bills start in the house, and if it passes it goes to the senate, if they do not pass it, they need to find common ground, that is Harry Reids fault, but he is just doing what Obama wants him to do. Remember Bill Clinton, how he and a republican congress worked TOGETHER to find common ground. That is a leader.

                            • 2 votes
                            #3.80 - Mon Jul 30, 2012 4:36 PM EDT

                            @maxgiver - Your programming has not allowed you to understand my statement. Both the left and right are destroying my country.

                            To quote myself. "As someone standing somewhere in the middle it sure is obvious to duck down and let the two opposing sides shoot it out. You guys are destroying yourselves thus my Country."

                            • 2 votes
                            #3.81 - Mon Jul 30, 2012 4:36 PM EDT

                            Jacks,

                            Mr. Romney, met with four couples at the Bethel Park Community Center to talk about the deficit, health care and education. When Romney sat down at a picnic table set with cookies and lemonade he said “I’m not sure about these cookies,” Mr. Romney said. “They don’t look like you made them,” he said turning to one of the women at the table. “Did you make those cookies? You didn’t, did you? No. No. They came from the local 7-Eleven bakery or wherever.” (The video from the local CBS station is here.)

                            They came from the local Bethery bakery, A SMALL BUSINESS!

                            Obama's Works: Osama Bin Laden, DONE! Rugulations on banks stopping them from doing what they did under the Bush administration with housing, and peoples retirement, which also managed to bring out info on banks that laundered criminal money! DONE! stopped credit card companies from charging outragious fees, Due dates ect.. DONE! managed the housing market, implemented the Federal Ins. program to help stabalize the housing crash, which has recently reported it is working and is now making profit! DONE! Bush left the unemployment at 7.5 after it raised almost 3pnts, during his turn, and it is now at 8.2, not even a full point, he is doing everything he can to stop the bleeding, DONE! HealthCare, DONE! and much more! Now what is it the prior Republican administration did? and whose economic advisors also worked for Bush? Funny how none of the Bush's will be attending the GOP Convention! Just like Fox news doesn't like to bring those times back either, got to admit smart! but not working!

                            • 4 votes
                            #3.82 - Mon Jul 30, 2012 4:41 PM EDT

                            RealAmericansFirst,

                            And unions haven't had their "return" on investments during the previous 30 years? 13 of the top 20 donors during that time are unions, with less than 5% going to Republicans and only 1 of those 20 gave more to Republicans than Democrats.

                            • 1 vote
                            #3.83 - Mon Jul 30, 2012 4:41 PM EDT

                            @vrt1968 Hold on the mortgage mess started under Bill Clinton. 1994 National Homeownership Strategy .

                              #3.84 - Mon Jul 30, 2012 4:49 PM EDT

                              What difference does it make? All politicians are crooked... Obama lies, Romney lies, Obama takes money, Romney takes money, Obama runs a negative campaign, Romney runs a negative campaign.

                              Obama is a complete failure leading the country, Romney might be.

                              Who cares.... I don't care how they are packaged - they both are skunks & this country is doomed.

                              Can't wait to retire and leave this all behind.

                                #3.85 - Mon Jul 30, 2012 4:55 PM EDT

                                armurray - Sheldon Adelson alone gave $10 million bucks to Romney and has given over $71 million total to the GOP this election cycle.

                                Name me ONE "big buyer" who has ever tried to buy Democrats that way.

                                Those union contributions you complain about are made voluntarily by millions of working-class people in this country. There's the difference.

                                Here's a great article on the 16 billionaires who are trying to buy themselves a President Romney:

                                Right-Wing Billionaires Behind Mitt Romney

                                They're trying to buy a presidency - and they expect a big payoff on their investment

                                Read more: http://www.rollingstone.com/politics/news/right-wing-billionaires-behind-mitt-romney-20120524#ixzz228rKJmz3

                                • 9 votes
                                #3.86 - Mon Jul 30, 2012 4:58 PM EDT

                                Ownedbyfew

                                The reality of more people to own homes did, but not what happened, nobody told these banks to do what they did, they did it on their own will for money, and was able to do it because their were no set regulations, but now that there is regulations set to stop them in the future from the Obama administration, they are tearing up! P.S. Fair is Fair, it happened on Bush's watch, Obama is left to clean the mess!

                                • 5 votes
                                #3.87 - Mon Jul 30, 2012 5:05 PM EDT

                                As an individual, I support Romney – if I owned a business, I would be shuffling as much money as the law allowed toward getting him elected.

                                I am forever hearing “corporate welfare,” “corporate greed,” blah, blah, blah.

                                1) Corporations and small businesses are what fund this company. They pay a ton of the taxes from their profits AND then they turn around and pay wages out of that same pot of money to the remaining members of society who pay the rest of the taxes with it. Just a thought, have you ever considered that if all their profits are going into taxes and Obamacare, what they will have left to pay you with? Pebbles and charcoal?

                                2) Since when is making a profit greed? Really? Do you seriously think there should be some sort of a bar that says you can’t earn more than X or we’ll consider it excessive? That kind of thinking falls under the category of jealousy. You’re jealous that so and so has managed to make a lot of money. I could understand that if they razzed your account and took it without your permission or got you to send in $100 for feather pillows and then sent you two chickens and a book on how to grow your own, but that’s not what happened. We, the American people, decided we needed bigger, better, and more –TVs, Cars, Houses, gas, stuff. They delivered and in the process made a fortune. OUR greed and need for material things built them. If you want to be mad at someone, go look in a mirror and then put away your checkbook and your credit cards and STOP buying everything your little heart desires. Save it, invest it and then you can hang on to it and take care of yourself and your family.

                                • 1 vote
                                #3.88 - Mon Jul 30, 2012 5:05 PM EDT

                                i was watching family guy last night.peter said something priceless.he was going to vote republican then changed his mind and deceided to vote for the democrate that votes exactly the same way as the republicans.everybody knows we have no voice in this game.we wont fight for a represenative government until we get physically hungry

                                • 2 votes
                                #3.89 - Mon Jul 30, 2012 5:12 PM EDT

                                @vrt1968 Government interfering in the market resulted in the mortgage business having to compete with lowered standards. Hence demand .Hence inflated prices. Hence a bubble. Regulation was late given the new reality stymied by conflict of interest.

                                • 3 votes
                                #3.90 - Mon Jul 30, 2012 5:12 PM EDT

                                Vote for Romney and he'll run America like a business!!

                                Ampad-5 Million $ Bain Investment = 100 Million $ pulled in dividends _- Loss of 385 jobs- Bankrupt in 2000

                                GS Industries 60 Million $ Bain Investment- 65 Million pulled in dividends-Loss of 750 jobs Bankrupt 2001

                                Dade International 450 Million $ Bain Investment-421 Million $ borrowed under Bain- Loss of 2000 jobs Bankrupt 2002

                                DDI Corp 46.3 Million $ Bain Investment-10 Million $ in "management Fees"-85.5 Million $ Profit- Loss of 2100 jobs- Bankrupt 2003

                                Stage Stores 5 Million $ Bain Investment-100 Million $ in stock offerings- Bankrupt 2000

                                Details Inc. 46 Million $ Bain Investment-93 Million $ made in stocks- Bankrupt 2003

                                I can hardly wait to see what American properties he'll liquidate for the benefit of his investors (campaign contributors). The Grand Canyon to Waste Management perhaps? Yellowstone Park to the cattle industry? I'm sure he'll put his creative mind towards such projects while reaping 0.10 cents on the dollar for America.

                                • 10 votes
                                #3.91 - Mon Jul 30, 2012 5:13 PM EDT

                                The board game Monopoly is beginning to make so much more sense to me.

                                • 8 votes
                                #3.92 - Mon Jul 30, 2012 5:14 PM EDT

                                RealAmericansFirst,

                                Top 20 donors over since 1989, all but the AMA and Auto Dealers Assn were Democratic donors...

                                1 Act Blue $66,869,298

                                2 American Fedn of State, $60,633,873

                                County & Municipal Employees

                                3 AT&T Inc $49,162,460

                                4 National Assn of Realtors $44,024,138

                                5 National Education Assn $42,066,188

                                6 Service Employees International Union $39,714,097

                                7 Goldman Sachs $39,330,264

                                8 American Assn for Justice $36,432,428

                                9 Intl Brotherhood of Electrical Workers $35,728,225

                                10 American Federation of Teachers $34,118,316

                                11 Teamsters Union $33,478,028

                                12 Laborers Union $33,246,240

                                13 Carpenters & Joiners Union $31,994,910

                                14 Communications Workers of America $31,633,527

                                15 Citigroup Inc $29,863,045

                                16 United Food & Commercial Workers Union $28,555,805

                                17 American Medical Assn $28,351,519

                                18 United Auto Workers $28,080,432

                                19 National Auto Dealers Assn $27,970,008

                                20 Machinists & Aerospace Workers Union $27,686,477

                                • 4 votes
                                #3.93 - Mon Jul 30, 2012 5:17 PM EDT

                                It must be because they just care so much about their fellow Americans and want to have the opportunity to help us out. Oh, it's so good to be their chattel!!

                                • 3 votes
                                #3.94 - Mon Jul 30, 2012 5:19 PM EDT

                                Mitt-Romney style of CEOs to gain only profits

                                Regardless at whatever cost? Why cares ! even dumping the Country to the drain?,create business lies,create taliban ideology for war's profiteering,Business rich dont pay taxes, only the poor pay taxes mode,remove Business Ethic,create unethical by profit of these portfolio of unmoral philosophies, teleological,egoism,justice,utilitarianism,deontological,relativism.

                                DUMPING THESE PROFIT OBSTACLES

                                1) ETHICAL (MORAL) JUDGMENT.

                                2) ETHICAL (MORAL) INTENT.

                                3) ETHICAL (MORAL) BEHAVIOR.

                                Big mess-Mitt Romney,BP,Enron,Wall Street,Arthur Andersen,ImClone,Healthsouth and thousand of them to list.

                                • 5 votes
                                #3.95 - Mon Jul 30, 2012 5:30 PM EDT

                                Obama's donors, hmm let's see. Communist party, socialists, unions, where the saying is 'I don't care, give me my check'

                                  #3.96 - Mon Jul 30, 2012 5:39 PM EDT

                                  The Republican wet dream election strategy solution:

                                  Since Mitt Romney believes "Corporations are people, my friend... of course they are..." (Iowa State Fair, Aug. 11, 2011), all the Republicans need to do to ensure victory is grant the CEOs of corporations the right to cast a single vote that binds every employee of the corporation to that vote as well.

                                  The outcome? His Benevolent Eminence, King Mitt, Monarch of the Corporate State of America.

                                  The only problem is, they'd have to beef up border security... to keep us serfs from fleeing.

                                  • 6 votes
                                  #3.97 - Mon Jul 30, 2012 5:42 PM EDT

                                  Wake Up,

                                  There is big difference between maximizing wealth and GREED. 1% owning 42% of the wealth and up from 40% and crybabies who say Obama stands in their way. Keep standing Obama 2012.

                                  • 8 votes
                                  #3.98 - Mon Jul 30, 2012 5:43 PM EDT

                                  If I were a CEO of a major corporation, I too would support the candidate that was pro-business and who didn't go around vilifying me every chance he got. To do otherwise would be self-destructive.

                                  Boy, do you have it all wrong! This has nothing to do with vilification and everything to do with money. Obama has promised to raise their taxes and Romney has promised to lower their taxes; hmmmm...who do I vote for?..../sarc

                                  If your heart is full of selfish desire and greed for self, not caring how much burden you place on everybody else, of course you vote for the one who promises to almost eliminate your burdens. This is what CEO's do best!

                                  They haven't had it bad under Obama and/or the Democrats. For two years running, corporate profits are up over 20% per year; CEO pay went up over 20% one year and over 10% the next year. Poor, poor, mistreated CEO's, who are only doing god's work (lower case "g" for god of greed) and having to actually pay taxes, too. (more /sarc)

                                  I don't think that working class conservatives will be happy when they get the bill for the tax cuts that help to make Mitt and friends, oh so, more wealthy. The bills have to be paid! Somebody has to pay them! Guess who is going to get the invoice!

                                  • 8 votes
                                  #3.99 - Mon Jul 30, 2012 5:46 PM EDT

                                  The game of "10 to 1" is a typical Republican shell game con.

                                  Here's a list of the Koch brothers contributions:

                                  http://www.opensecrets.org/usearch/index.php?q=koch&searchButt_clean.x=0&searchButt_clean.y=0&cx=010677907462955562473%3Anlldkv0jvam&cof=FORID%3A11

                                  And a "homemaker" named Anna Koch has given $93,300 - all to the GOP. Think maybe she's related to one of the Koch brothers?

                                  • 6 votes
                                  #3.100 - Mon Jul 30, 2012 5:50 PM EDT

                                  KevinT - it is Obamas economy, he is the leader, he is responsible for bringing both sides together.

                                  hahahahaha

                                  How exactly do you propose to bring the Tea Party "together" with anyone?

                                  When their one stated guiding principle is that they were elected to defeat Obama?

                                  Jesus himself couldn't bring those guys to the table.

                                  • 6 votes
                                  #3.101 - Mon Jul 30, 2012 5:56 PM EDT

                                  From the article: "Top CEOs donate to Romney over Obama by 4-1 margin"

                                  The title of this article gives the best reason why "the rest of us" should not vote for Romney, "The King of Corporations." The average salary of CEO's is $10,000,000. The average salary for a working citizen is $49,000. With the exceptions of needing to breathe air, water to drink and the need to sleep, our "usual" citizen does not have anything financially in common with the aristocrats in this country.

                                  It is not a surprise that the elites are dumping stashes of cash in Romney's campaign chest.

                                  These gilded folks know that if they do decide to pay taxes, that Mitt will further reduce their tax rates, that he will stamp out regulation of the financial and corporate industries, that he will support their job outsourcing, that he will smash unions, that he will undermine our minimum wage, that he will increase the number of right-wing ideologues in the Supreme Court, and that he will be their "Corporate King in Chief!."

                                  Romney sings that "corporations are people too." He does not deserve to be America's Commander in Chief.

                                  Avoid Mitt's coronation!

                                  Vote a Straight Democratic Ticket.

                                  Obama/Biden 2012!

                                  • 8 votes
                                  #3.102 - Mon Jul 30, 2012 5:57 PM EDT

                                  I guess I'm just a crazy Socialist but I don't consider this anything to be too proud of. CEO's of big corporations are probably the biggest collection of sleaze-balls on the face of the Earth. I wouldn't expect them to support anyone else but Romney - a fellow sleaze-ball of epic proportions.

                                  • 6 votes
                                  #3.103 - Mon Jul 30, 2012 6:20 PM EDT

                                  So all you righties didn't see Mitt totally bomb it overseas?? The man has proven time and time again he does not have what it takes to be president.

                                  He is straight up socially handicapped, he believes in the same BS trickle down crap that Bush used to get us into this mess in the first place. He is a walking embarrassment to the United States, doesn't know jack about foreign policy, has never worked a day in his life, is a war monger, is a bully, lets not forget about Ann's "you people" comment either. This just hammers home the fact that rich people are not normal people, they don't think like normal people, they have no idea what its like to be an average American.

                                  Anyone whom has ever been president has released years and years of tax returns. The only reason Mitt has not it because it will prove he is a greedy white collar criminal. He wont release his campaign contributors either.

                                  • 8 votes
                                  #3.104 - Mon Jul 30, 2012 6:58 PM EDT

                                  Armurray, Are you certain that the medical devices corporations and Pharma corporations are moving overseas NOt due to the more relaxed regulations and investment (transfer) taxes which are directly reflective in the return of the investors? Sorry, American population did not volunteer as human guineapigs. In addition, if one is not an American company, why should we care if its patents are violated vs an American company? If you don't have skin in the game, why should we care?

                                  Of course, guess who are the major poltical contributors? the same players whose $ may be in limbo... Hence we return the orginal point made by the author. Buy the politicians and right now the Republicans already publically stated that they are open to be purchased. If you question me where, then check the quote bo Grover Norquest... we just need a candidate who can hold up a pen to sign what we need him to sign.

                                  • 3 votes
                                  #3.105 - Mon Jul 30, 2012 7:32 PM EDT

                                  Buergermeister, lemme guess. English major in college; right?

                                  • 5 votes
                                  #3.107 - Mon Jul 30, 2012 8:14 PM EDT

                                  /

                                    #3.108 - Mon Jul 30, 2012 8:16 PM EDT

                                    gcooper8 i was guessing he was a limbaugh listener or a minimium wage republican.theyre usually the same thing

                                    • 4 votes
                                    #3.109 - Mon Jul 30, 2012 8:38 PM EDT

                                    25 Walker

                                    But it was fine in 2008 when the corporate money went 2 to one to Demcrats?

                                    Corporations vote for whom they think who's policies will help the economy especially when their polices will help their corporation.

                                    They lost confidence in the Republicans, so they went for Obama. They are very disappointed with the economy under Obama, so they supporting Romney this time.

                                      #3.110 - Mon Jul 30, 2012 8:53 PM EDT

                                      Romney's career at Bain is grounded in Gordon Gekko values.

                                      • 1 vote
                                      #3.111 - Mon Jul 30, 2012 9:16 PM EDT

                                      DB Akron

                                      But it was fine in 2008 when the corporate money went 2 to one to Demcrats?

                                      DB Akron,

                                      Check your facts.

                                      In 2008, corporations gave to both the Democrats and the Republicans. Obama's 2008 campaign was a unique example of financial donations from "grass-root" support. "The little people" donated to his campaign $5.00, 10.00 or 20.00 monthly. Do not divert attention from the fact, in the hopes of "buying" a presidential election, that CEOs, along with the Koch brothers, are deluging Romney with warehouses of cash.

                                      Corporations vote for whom they think who's policies will help the economy especially when their polices will help their corporation

                                      Corporations give the most money to candidates that will allow their entities: to ignore government ethics regulations, pollute our earth, monopolize markets, ship American jobs overseas and lie to and harm trusting consumers. When these lords and barons are caught "rule-breaking," they do not want to be civilly or criminally penalized. As a presidential candidate, Romney snugly falls into all of these fore mentioned categories.

                                      They lost confidence in the Republicans, so they went for Obama

                                      The Republican gave millions of our citizens a plethora of reasons to lose confidence in their backwards, right-wing philosophies.

                                      They are very disappointed with the economy under Obama, so they supporting Romney this time.

                                      The economic fall that America continues to struggle with is a result of the destructive and selfish policies of the GOP.

                                      • 2 votes
                                      #3.112 - Mon Jul 30, 2012 10:07 PM EDT

                                      Just two salient points to be made to clarify the leftylibdem lunacy:

                                      1. It's only $322K in donations to be compared to the nuclear and hyperbolic responses by the low tolerant left. Ready and willing to go off half cocked at the slightest provocation. In this case, blaring headlines, all too ready to believe by the lefty lemmings.

                                      2. Corporate CEOs know an astute businessman when they see one and know Romney will turn the economy around, lift the economic gloom hanging over ALL of America, and prosper ALL segments of society. Actually, that is real economic equality.

                                        #3.113 - Mon Jul 30, 2012 11:27 PM EDT

                                        Steve,

                                        Your post would have been accurate if you had said "CEOs know a dirty business man when they see one." At Bain, his tenure demonstrates that he turns companies, upside down. The macro and micro financial policies that Mitt supports caused our "economic gloom." Romney only rub shoulders with the elites. Under a Romney administration all segments of society will not benefit. He will deepen the wealth disparity.

                                        Romney, for a lost America!

                                        • 2 votes
                                        #3.114 - Tue Jul 31, 2012 12:31 AM EDT

                                        Steve D,

                                        Astute Businessman ?

                                        and be Corrupt Politician?

                                        His astute, especially with regard to one's own interests shrewdness.An astute artful,crafty a shrewd politician and shrewd marked by dodging taxes and running away with all loopholes available his advantages ,including how he drafted away from serving his military responsibility to society and nation, hiding himself in France,serving as mormon preacher, not only that,he's hiding, his wealth oversea account by all means too and now you're telling me,he's a practical hardheaded with best twisted intelligence?But as when,he pop up his mouth, even the brits look him more like a " Twit Businessman" "So now he's an astute tenant with Presidential Quality? Gosh He Look more like an CowAss@ to me.

                                        • 1 vote
                                        #3.115 - Tue Jul 31, 2012 3:33 AM EDT

                                        people like Adleson want their country back they wwant no regulations and no interference from the Goverment ... How did Adelson get his Billions .. Drugs .. Child Prostitution ... Money laundered thru his overseas casinos and the banking system .. of c ourse he would be willing to buy the presidency for any one that as Norquest said has five digits and can sign the legislation handed to him.. they have that man in Romney

                                        • 3 votes
                                        #3.116 - Tue Jul 31, 2012 6:37 AM EDT

                                        Okay people, let's not demonize the CEOs... or Romney... or the GOP top money donors... because WE created them! They pride themselves as being great in "business" and throwing all their support at Romney is pure business.

                                        What does a CEO live for? Profits. What is their very favorite thing to do with profits? Keep them for themselves. And what enables them to do so at the least cost? Low top end and capitals gains tax rates. And who will either maintain or even LOWER those rates? Romney. And who wants to raise them? Obama. Any questions?

                                        Okay, so what harm is it to allow the top 1% continue to take money out of business and our economy at such low tax rates? They're not hurting anything, right? They deserve it, right?

                                        Money going to CEO pockets and to the Cayman Islands is money NOT being reinvested into business.

                                        Money going to the Cayman Islands is money REMOVED from our economy.

                                        Money being taxed at this artificially low rate adds to our national debt with no COMMON good.

                                        Low tax rates at the top end KILLs jobs, it DOES NOT create jobs.

                                        Their ability to remove huge sums of money at cheap rates IS THE REASON that CEOs GAINED net worth through this recession while the middle class lost 40%.

                                        Under Clinton, tax rates at the top end were higher. Ever wonder why the middle classes' only gain in net worth in decades was under Clinton? Ever wonder why he was able to provide a balanced budget? Ever wonder why job creation was so high under Clinton? Ever wonder why the economy was at it's best?

                                        Let's end this bull@!$%# and get our economy back into control.

                                        • 2 votes
                                        #3.117 - Tue Jul 31, 2012 7:14 AM EDT

                                        Steve D-514317

                                        2. Corporate CEOs know an astute businessman when they see one and know Romney will turn the economy around, lift the economic gloom hanging over ALL of America, and prosper ALL segments of society. Actually, that is real economic equality.

                                        What, with lower tax rates at the top? What a farce. Read my post #3.117. Low tax rates at the top are the farthest from economic equality that you can get... in fact it causes job LOSS and economic INEQUALITY.

                                        Trickle-me-down economics is not taught in schools for good reason... it doesn't work... it's a made-up political lie. And as long as we encourage all profits to flow to the Cayman Islands, our economy will show gains solely based on consumer demand and NONE due to business reinvestment.

                                        You can deregulate until the cows come home and it won't matter. When the incentive is to REMOVE profits, they will be removed. The rich will be richer. The middle class will continue to lose ground. The poor citizenry will grow in numbers.

                                        The Romney's of the world are our burdens, not our saviors.

                                        • 1 vote
                                        #3.118 - Tue Jul 31, 2012 7:36 AM EDT

                                        The choice is simple: recovery or 4 more years of hell. I am astounded by the liberal spew on this subject that is both false and wrought with hypocrisy. First, can someone please give me proof of all of the illegal evil Romney has put on the American people? Our economy is dying folks and it's been 4 years of the worst economy of our generation; Our Great Depression. America has lost nearly 250,000 small businesses. Big business is hunkered down plowing their tough profit into their mattress waiting for tax and regulatory sanity to return. Americans, big and small business alike (even unions) are ready for a recovery. Obama however, has done everything possible to destroy this country outright. Wake up people. It's not about Romney going in but rather it's about Obama being thrown out.

                                        Of course, I have no doubt that if Romney wins American liberals will kick and scream all the way to the bank with their paychecks given to them by the very corporations that they hate so much. It's just sad.

                                          #3.119 - Tue Jul 31, 2012 12:13 PM EDT

                                          LMarcT - Your diatribes on the American CEO could not be more wrong. All I can tell you is that I hope you leave America if Romney wins.

                                          • 1 vote
                                          #3.120 - Tue Jul 31, 2012 12:17 PM EDT

                                          LMarcT

                                          SmallBizGirl speaks for all of us who feel that if Romney wins, all left leaning people should be required to leave America. After all, since they only represent 25-30 % of the population, who will miss them anyway. That way all that will be left in America are people who believe that God created the earth in 6 days and that the founders of the US Constitution kept slavery on the books because they knew that would decreas the amount of suffering African Americans will go through for the first 300 years that they will be living in this country. And, of course, every citizen will be required to repeat the pledge of allegiance three times per day, but we will not offer any free education or health care. If people want to be eduacted or healthy, LET THEM PAY FOR IT- I certainly don't want to pay for someone else since I worked so hard and built all that myself.

                                          LMarcT- If you all leave, there will be less people who don't think like us and we will all be so happy!

                                          I want my county back- America, Love it or leave it !

                                            #3.121 - Wed Aug 1, 2012 3:19 PM EDT
                                            Reply

                                            This just in: CEOs donate to candidate whose election would yield them more money.

                                            This is shocking and completely unheard of.

                                            • 46 votes
                                            #4 - Mon Jul 30, 2012 1:32 PM EDT
                                            Comment author avatarpjam09Expand Comment Comment collapsed by the community

                                            If you ran a company why would you want the economy to continue to be dismantled by Obama? For that matter why would any U.S. citizen want that?

                                            • 27 votes
                                            #4.1 - Mon Jul 30, 2012 1:37 PM EDT
                                            Comment author avatarRukenExpand Comment Comment collapsed by the community

                                            Pjam, judging by your past posts you're unfit to hold a job at McDonald's, much less make any comments whatsoever on the economy.

                                            • 24 votes
                                            #4.2 - Mon Jul 30, 2012 1:39 PM EDT
                                            Comment author avatarmcpaddywackExpand Comment Comment collapsed by the community

                                            yea a job at mac donald's is about all one could hope for in this terrible obama economy..........obama has done enough damage to our nation....it is time for him to return to community organizing....

                                            • 22 votes
                                            #4.3 - Mon Jul 30, 2012 1:41 PM EDT

                                            pjam,

                                            How many fillibusters have the Senate Repulicans done since 2008?

                                            • 36 votes
                                            #4.4 - Mon Jul 30, 2012 1:41 PM EDT
                                            Comment author avatarpjam09Expand Comment Comment collapsed by the community

                                            Ruken - Wow, such substance and meaningfulness, your fellow Dems must be impressed.

                                            • 16 votes
                                            #4.5 - Mon Jul 30, 2012 1:42 PM EDT

                                            Brad - Not enough.

                                            • 13 votes
                                            #4.6 - Mon Jul 30, 2012 1:47 PM EDT

                                            Rick Perry's got it going in Texas........they have jobs there. None of them over minimum wage.

                                            It's the Republicans wet dream. They did tort reform in Texas too, but it didn't bring down health care costs. Too bad they have the lowest number of insured people there, oops, my bad, that's a good thing for Republicans.

                                            • 32 votes
                                            #4.7 - Mon Jul 30, 2012 1:53 PM EDT

                                            Ruken - Wow, such substance and meaningfulness, your fellow Dems must be impressed.

                                            Too bad I'm conservative (not Republican though). When the GOP can get its head on straight and actually grasp the meaning of fiscal conservatism, let me know.

                                            • 25 votes
                                            #4.8 - Mon Jul 30, 2012 1:54 PM EDT

                                            pjamo9 Not enough. Than you wonder why the economy is in the crapper. Your party has done nothing to help. Passing one sided bills is not way to get things done. Its the republicans who said we'll make this President a one term President. Than they are doing it on the backs of the American People.

                                            • 27 votes
                                            #4.9 - Mon Jul 30, 2012 1:56 PM EDT

                                            Just remember the last president who ran 2 Savings and loans into the ground. Not too mention, bankrupting an oil company looking for oil in Texas.

                                            Fiscal conservatism.... like when the pentagon states it doesnt need Abrams tanks anymore, politicans state differently.

                                            Pjam is a cop out when tested to provide fact. It doesn't know, and doesn't have the ability to find out the facts. Better, to go with that 'feeling' then letting the facts present themselves.

                                            • 17 votes
                                            #4.10 - Mon Jul 30, 2012 2:14 PM EDT

                                            Can anyone provide data that links Obama directly to the poor economy? His title is not economist in chief. Any facts might be nice, since I already assume your broad and largely baseless comments are derived from what was said on Fox News this morning. Many of you say he is ruining our economy. How is he doing this? By not giving rich people more tax breaks when they pout and say they are deserving? Because rush or beck said it?

                                            • 25 votes
                                            #4.11 - Mon Jul 30, 2012 2:53 PM EDT

                                            Eric..."They did tort reform in Texas too, but it didn't bring down health care costs."

                                            Not to the consumer anyway. But the clinic I visit was instituting a bunch of new programs, including wellness programs, and adding on to the building shortly after tort reform was enacted. Doing so with the money they saved not having to pay incredible insurance premiums and making attorneys rich.

                                            • 4 votes
                                            #4.12 - Mon Jul 30, 2012 3:02 PM EDT

                                            If you ran a company why would you want the economy to continue to be dismantled by Obama

                                            The economy is stumbling because the GOP has engaged in a deliberate strategy to sabotage it in order to shorten Obama's term of influence.

                                            The economy is failing because the GOP is fighting for it to fail.

                                            @pjam09

                                            Why do you hate America?

                                            yea a job at mac donald's is about all one could hope for in this terrible obama economy.

                                            @mcpaddywack

                                            Why do you hate America?

                                            • 14 votes
                                            #4.13 - Mon Jul 30, 2012 3:14 PM EDT

                                            The president (weather democrat or republican) does not make or break the economy. They can influence it by the policies they put in place. Ultimatly it has to come down to each individual. So who do you want to vote for? The one that thinks that government should control everything in your life or the one that has been successful and thinks that you can be too.

                                            • 7 votes
                                            #4.14 - Mon Jul 30, 2012 3:17 PM EDT

                                            Eric

                                            None of them over minimum wage

                                            WRONG!

                                            http://www.freerepublic.com/focus/f-news/2763197/posts

                                            550,000 of the over 700,000 new jobs are between the minimum wage and twice the minimum wage.

                                            • 2 votes
                                            #4.15 - Mon Jul 30, 2012 3:18 PM EDT

                                            @Ruken - Amen to that. I think republicans are self serving a-holes these days and democrats have no balls. I wish the repubs would come back to earth a little and be productive instead of just opposing the dems. I wish also the dems would grow a sack and come back to earth a little.

                                            We really need a more moderate crowd in there. Truth is that both parties completely blow. I'd consider myself a libertarian I guess. I don't care if we don't get as many services from the government (within reason) but I want the government out of my business (no moral values or religious legislation). I don't want to see people discriminated against and I don't want any kind of religion in the government. I think most americans would want that setup but both sides are too stupid to figure that out.

                                            • 3 votes
                                            #4.16 - Mon Jul 30, 2012 3:24 PM EDT

                                            Many of us are capable of forming cogent ideas without the benefit of Rush or Fox News, and throwing around this kind of bluster contributes nothing to the discussion.

                                            As to your challenge to link Obama to the poor economy, one needs only to look at his policies on regulation and taxation which cause business to keep money on the sidelines. Oh, and don't forget the disastrous consequences of Obamacare. Those of us in business are so uncertain about where this country is going (i.e. where Obama intends to lead us) that we are afraid to commit resources which may be for nought when Obama gets done.

                                            And don't get your knickers in a knot about Obamacare. Reform is needed, but this 2,670 page horror story isn't it.

                                            • 1 vote
                                            #4.17 - Mon Jul 30, 2012 3:24 PM EDT

                                            Why wouldn't they support Romney, he wants to eliminate their tax burdens, eliminate regulations and responsibility and make it harder for the bottom 70% of working people to amass any wealth beyond a 401K. He is their guy. Romney is pro- the .1%.

                                            • 14 votes
                                            #4.18 - Mon Jul 30, 2012 3:24 PM EDT

                                            @thisbusymonster - Not liking something about this country is exactly what this country is about. The whole idea is that if you don't like something about it, fix it. That's contrary to what people say these days which is "if you don't like it, leave it". Anyway, everyone should learn that lesson and stop calling each other nazi's or america haters. That's just counter productive and stupid.

                                              #4.19 - Mon Jul 30, 2012 3:28 PM EDT

                                              There was a little known meeting about 6 weeks ago between a large number of corporate executives from all branches of business...their conclusion: The current administration does not have the ability to pull the country out of the current economic depression.....these are a smart bunch of people...they also concluded they will hold off on hiring/expansions until this administration is no longer in office....

                                              • 2 votes
                                              #4.20 - Mon Jul 30, 2012 3:33 PM EDT

                                              You have any source or recording? A published paper? Was this conspiracy theorist b.s. or was it actually legitimate? Don't keep us in suspense.

                                              • 9 votes
                                              #4.21 - Mon Jul 30, 2012 3:36 PM EDT

                                              @Jay - just because you're ignorant about obamacare doesn't mean it's a bad idea. It's really amazing, the populace pretty much elected obama to reform medical insurance because they weren't operating ethically. They were denying anyone for any possible reason they could (and still do). I just can't imagine how everyone became so anti-health care reform all of the sudden after voting it in. I say we need it. They can no longer deny due to pre existing condition - awesome. They have to cover kids until they're old enough to work - great. Who would think this is a bad idea? Although, I think they would've been more productive to look at what doctors and hospitals charge, though. Their bills are absolutely bat@!$%# crazy. They could look at a rash and charge you a thousand bucks just to give you a topical cream. I think that's the actual cause of the problem and they probably should have started there but getting insurance to play ball fairly is a start.

                                              • 7 votes
                                              #4.22 - Mon Jul 30, 2012 3:43 PM EDT

                                              They're also holding off bringing home the profits from the businesses they moved over seas until the republicans have fulfilled their promises to wipe out the taxations on those profits as well. Sony alone is with holding more than 65 billion in profits they made in offshore accounts until the republicans fulfill the promises being made to capture the multi million dollar donations they are receiving. Now is the time to teach these anti-americans a strong lesson and simply triple the taxes on those offshore profits they made by selling out america to foreign investers. Bite Mitt right where it will hurt him the most, his bank accounts. Right now these crooks want to wipe out the tax stimulus on middle and lower class america while not just making their corporate exemtions and deductions permanent, but lowering their own tax rates at the same time they are attempting to screw working america. Then these tealibanners have the gumption to call liberals opportunists and charge them with promoting class warfare when they already have made their own pre emptive strikes at middle class america.

                                              • 7 votes
                                              #4.23 - Mon Jul 30, 2012 3:52 PM EDT

                                              nolan-4517032

                                              "We really need a more moderate crowd in there."

                                              Bingo - you said it Nolan!

                                                #4.24 - Mon Jul 30, 2012 4:05 PM EDT

                                                We've experienced the wealthiest getting richer and the poor getting poorer at the hands of the 1%. The Wall Street money is going to Romney because they know he's one of them--a thief.

                                                Obama-Biden 2012

                                                • 5 votes
                                                #4.25 - Mon Jul 30, 2012 4:33 PM EDT

                                                Agree sandtrich, CEO"S are making record profits like they never had before, someone mentioned CEO pay of 5mil. comments ago, that is laughable try 30,40,50,60,70mil. Places like Walmart, Winco, where people go for neccessities, their profits from Revenue has risen every year, It is Greed that is keeping the economy down, one more dollar to the CEO and sharelholders is what it is about, whether they make it in pricing up everything, and making worse products or finding those loopholes with Santa's picture on it, or laying off a worker and asking the other worker to do the job of two employees with no more pay! It is time for the middle class to get greedy and show them a taste of their own medicine!

                                                • 5 votes
                                                #4.26 - Mon Jul 30, 2012 4:55 PM EDT

                                                Obama offered to cut spending on social programs by 2 trillion if republicans accepted letting some oil company corporate welfare subsidies expire, end subsidies for gentlemen farmers who never farmed and a small increase on the wealthy, republicans refused. Romney's plan would increase military spending by 260 billion a year paid for with borrowed China dollars and he's considered the fiscal conservative? Only in America.

                                                • 6 votes
                                                #4.27 - Mon Jul 30, 2012 5:12 PM EDT

                                                In 1970 the average CEO made around 24 times the average worker today with stock options and benefits it's approaching 500 times. Romney thinks them paying 14.5% like him is too much.

                                                • 6 votes
                                                #4.28 - Mon Jul 30, 2012 5:14 PM EDT

                                                For those of you that think the two parties should work together in the house and senate for the good of the country you are just kidding yourselves. How in the world can that be done when the Republicans signed an agreement not in anyway shape or form raise taxes on the wealthy. THEY WILL NOT RAISE TAXES ON THE WEALTHY. So from this point there is no movement in the house. Only one solution is to get rid of the Republicans in the house and senate. I dare all of you to get them to agree to this one provision that anyone that makes over $ 250.000 per year will pay higher taxes. If you get them to agree to this the gridlock is over.

                                                VOTE TO DUMP THE REPUBLICANS SO AMERICA CAN MOVE FORWARD.

                                                • 7 votes
                                                #4.29 - Mon Jul 30, 2012 5:29 PM EDT

                                                Larry, Are you talking capital gains or wages? I doubt you know the difference!! One thing is that if capital gains go up on the rich, they will increase for everyone, even the working person who scrimped their whole life. Why in the hell do people think that giving Washington more taxes will make their life better at all? There is no guarantee it will ever come back to the freeloaders! I would rather give a one million dollar check to a charity or some stranger on the street than to give one dime to Washington. At least the charity will do something worthwhile with it! So what if the rich write it off? What the hell makes it anyone's business?

                                                  #4.30 - Mon Jul 30, 2012 5:30 PM EDT

                                                  For the many who are capable of cogent ideas then tell me what would your business be like if we had a depression instead of a recession? That's what we were facing. No help from Republicans to try and save the economy because they didn't want Obama to succeed.

                                                  His policies and regulations have lead to over two years of positive job growth and particularly in the manufacturing sector. I too am in business and I sell businesses for a living. The people who would complain about Obamacare or ACA as it's is named don't know what benefits they are getting and in turn don't know how much it will benefit their particular business. When they do; most have found their business will be better off. Plus why is someone using the excuse that something that won't be enacted until 2014 is causing them not to make decisions now?

                                                  Truth be told the reason business are not hiring is because they don't have to, plain and simple. When there is enough demand that they will not be able to keep up with the demand then they will have to hire more people. When they hire they will hire for as cheaply as they can get away with it. Then when their employees can't afford to buy whatever they make they can say too bad I'm moving your job to China! Now go try and find another job or make it two since I pay you so little!

                                                  • 4 votes
                                                  #4.31 - Mon Jul 30, 2012 5:44 PM EDT

                                                  Flower: Apparently i know more than you. It's called carried interest and is taxed at capital gains rates of 15%. If you run a venture capital or hedge fund and invest other peoples money and get a 20% cut on all profits it's taxed as carried interest. Say you run a hedge fund and make 10 billion profit on your investors money. You get 2 billion and it's taxed as carried interest rate of 15% even though it's clearly nothing but a commission any other profession would pay 35% on. No risk because it's not your money . Democrats have tried 3 times to remove this gift for people like Romney and had republicans vote it down each time.

                                                  • 5 votes
                                                  #4.32 - Mon Jul 30, 2012 5:46 PM EDT

                                                  hs321 Eric..."They did tort reform in Texas too, but it didn't bring down health care costs."

                                                  Not to the consumer anyway. But the clinic I visit was instituting a bunch of new programs, including wellness programs, and adding on to the building shortly after tort reform was enacted. Doing so with the money they saved not having to pay incredible insurance premiums and making attorneys rich.

                                                  Ever consider sharing a little health coverage for the 1 in 4 Texans who don't have any? Before you pat yourself on the back for gettin' a "bunch of new wellness programs"....

                                                  • 4 votes
                                                  #4.33 - Mon Jul 30, 2012 5:59 PM EDT

                                                  Mitzi Romney is getting more CEO action than a porn star at a Charlie Sheen slumber party? Since when is that news?

                                                  "Hi, Mitzi, can we collapse more companies, ship more jobs overseas, and dump out of more pay, health, and safety regulations? Pump poison into the air, soil, and water, while the poor suckers who vote for you thank their abundantly indifferent God for politicians who pray?"

                                                  Of course they don't care what happens to life on the ground in the U. S. Mitzi's money and theirs lives elsewhere, but remember, kids, a nation gets the leadership that it deserves.

                                                  • 3 votes
                                                  #4.34 - Mon Jul 30, 2012 7:09 PM EDT

                                                  Melissa,

                                                  You have hit the nail on the head and sunk it in one stroke!

                                                  There is this thing called Prosperity Theology. Even though Romney is a Mormon, he/they espouse the principle of this religious approach while still not having Jesus as their saviour. Kenneth Copelands ministry is widely held as the model of prosperity theology.

                                                  Prosperity religion: en.wikipedia.org/wiki/Prosperity_theology

                                                  The domionists are also part of this movement in that it is their goal to "gain dominion" over the earth (and therefore, the people on the earth) by controlling the "seven mountains" of culture.

                                                  FROM: www.reclaim7mountains.com/apps/articles/default.asp?articleid=41538&columnid=4347

                                                  "God’s purpose for humanity was to bless a people so that they could possess and bless the earth.”

                                                  (1) God’s covenant people taking dominion of the earth has been the main theme of every covenant that God has ever made with mankind.The New Covenant for the church is no different with its expectation of dominion by making disciples of all nations.

                                                  (2) The Dominion Process is two-fold.First, human beings are blessed by God.Secondly, these blessed human beings are given a mandate to take dominion of the earth for the purpose of blessing it.

                                                  (3) The first advent of Christ was for the purpose of creating a blessed seed upon the earth - the church.The second coming of Jesus will take place after this blessed seed has completed the Dominion Process upon the earth by making disciples of all nations.

                                                  FROM: First amendment to the Constitution of the United States:

                                                  Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

                                                    #4.35 - Tue Jul 31, 2012 12:01 PM EDT
                                                    Reply

                                                    Why would they support the ANTI business, ANTI american occupant in the WH? Notice MSNBC doesn't mention ALL the union $$$$ throwing support at the current panderer/campaigner in chief!

                                                    • 25 votes
                                                    #5 - Mon Jul 30, 2012 1:32 PM EDT

                                                    Of course they wouldn't, the liberal media denies the political clout unions carry in elections.

                                                    Romney will still be outspent in this election considering all of the liberal super pac's that have sprouted.

                                                    • 8 votes
                                                    #5.1 - Mon Jul 30, 2012 1:53 PM EDT

                                                    It's Romney pandering overseas that makes me sick. Most un-transparent Presidential candidate ever !

                                                    • 21 votes
                                                    #5.2 - Mon Jul 30, 2012 1:56 PM EDT

                                                    Pandering, Eric? When Obama did the same thing in Europe and Asia, liberals hailed it as a new leaf in foreign policy and a more connected America! Transparency? Obama has been a painfully un-transparent president despite his campaign promises. You're criticizing Romney (perhaps fairly, as I agree that he should release his tax returns, if not just the silence the opposition) but ignoring that Obama is guilty of the same thing.

                                                    • 11 votes
                                                    #5.3 - Mon Jul 30, 2012 3:01 PM EDT

                                                    How is Obama anti business? Because of the health care law? Seriously, what has he done that thwarts business? Oh right, he didn't just lower their tax rates to zero. There are 6-10 major factors outside the US that directly affect our economy. Do you think Obama controls those factors? Rush might tell you yes, but if you actually use your brain you will realize that our economy will forever be affected (greatly sometimes) by outside forces. But, if you have never left the great state of Arkansas, how could you ever consider such an abstract concept. You couldn't.

                                                    • 18 votes
                                                    #5.4 - Mon Jul 30, 2012 3:04 PM EDT

                                                    LOL Eric! Romney is just trying to get his Nobel Peace Prize like Obama did.

                                                    • 2 votes
                                                    #5.5 - Mon Jul 30, 2012 3:04 PM EDT

                                                    The liberal media is the most powerful and wealthy super PAC for 0bama.

                                                    Romney has to buy ad time to highlight his successes and refute accusation while 0bama has a chorus of yellow hack journalists with thrills up their legs and tents in their pants to do his bidding.

                                                    • 7 votes
                                                    #5.6 - Mon Jul 30, 2012 3:06 PM EDT

                                                    To..elliot """"

                                                    Well thank god for the liberal media can you imagine what nonsense you'd get from a conservative media ..

                                                    • 16 votes
                                                    #5.7 - Mon Jul 30, 2012 3:11 PM EDT

                                                    read,

                                                    I ask that question every day somewhere and am still waiting for an answer that holds up to scrutiny. Haven't gotten one yet.

                                                    • 3 votes
                                                    #5.8 - Mon Jul 30, 2012 3:13 PM EDT

                                                    The liberal media is the most powerful and wealthy super PAC for 0bama.

                                                    Wow. Get out of Mom's basement quick. The kool-aid down there is poisoning your brain.

                                                    • 13 votes
                                                    #5.9 - Mon Jul 30, 2012 3:15 PM EDT

                                                    Sadly, the empty suite is very transparent. All you really have to do is read some real facts, listen to his spoke statements. He is not worried about anything but bringing the taxes down for top earners and raising it for the middle, and just doesn't care about the bottom.

                                                    • 8 votes
                                                    #5.10 - Mon Jul 30, 2012 3:17 PM EDT

                                                    Problem with GOP is they said they will create "JOBS, JOBS AND MORE JOBS". They lied big time, in the 2 years, they have introduced more bills about women's rights, homosexual and religious bills than anything.

                                                    Jobs bill? Always have "Keystone pipeline" attached to it at the end.

                                                    • 9 votes
                                                    #5.11 - Mon Jul 30, 2012 3:26 PM EDT

                                                    Then why are supporting Romney? His policies will destroy America just as GWB policies came close to destroying America. All the recent Republician administrations have been complete unmitigated failures.

                                                    • 8 votes
                                                    #5.12 - Mon Jul 30, 2012 3:27 PM EDT

                                                    Romney has to buy ad time to highlight his successes

                                                    I don't know about you, but winning a couple of blue ribbons in the dressage ring are not exactly what I look for as qualifications for a President. Neither is an outstanding record in outsourcing jobs.

                                                    • 8 votes
                                                    #5.13 - Mon Jul 30, 2012 3:30 PM EDT

                                                    no problem with candidate Romney visiting foreign countries. But be careful; at this rate, they are going to start to think that we must all be out of touch and insensitive.

                                                    He should just smile and wave; every time he opens his mouth something stupid escapes.

                                                    • 5 votes
                                                    #5.14 - Mon Jul 30, 2012 3:39 PM EDT

                                                    "People who support Mitt Romney do so because they support his pro-growth, pro-jobs agenda for the country," Romney spokeswoman Amanda Henneberg said. Any Romney supporters want to relate to everyone else exactly WHAT those plans are, since Willard has NO concrete plans except for playing in that ever moving sandbox of ideas?

                                                    • 2 votes
                                                    #5.15 - Mon Jul 30, 2012 4:04 PM EDT
                                                    Reply

                                                    Well I see Obama doesn't have CEO's in his pocket this time around.

                                                    • 13 votes
                                                    #6 - Mon Jul 30, 2012 1:33 PM EDT

                                                    "To that end, some of Obama’s 2008 CEO donors have, so far, declined to cut a check for him this cycle. ..

                                                    There are some executives who switched sides, too."

                                                    And the Liberals want to pretend that they never did despite reality.

                                                    • 11 votes
                                                    #6.1 - Mon Jul 30, 2012 1:46 PM EDT

                                                    Not CEO's, but :

                                                    Wall Street - Check ( in fairness, both cater to wall street)

                                                    Hollywood limo liberals - Check

                                                    Public Sector unions - Check

                                                    The uneducated populace - Check

                                                    • 8 votes
                                                    #6.2 - Mon Jul 30, 2012 1:47 PM EDT

                                                    You just got the last one wrong brendan. Democrats in the populace are far from uneducated. They at least know not to go to England and criticize the Olympics.

                                                    • 24 votes
                                                    #6.3 - Mon Jul 30, 2012 1:54 PM EDT

                                                    democrats may be educated but that doesn't make them intelligent...

                                                    • 14 votes
                                                    #6.4 - Mon Jul 30, 2012 2:01 PM EDT

                                                    From what discrete hypothesis, do you formulate your criterion for adjudication of that unusual comment?

                                                    • 8 votes
                                                    #6.5 - Mon Jul 30, 2012 2:36 PM EDT

                                                    Eric, easy. Democrats advocate restributive policies of taxing wealthy to provide for the needy. Democrats advocate for restribution of wealth in the form of farm subsidies, effectively paying farms to not farm.

                                                    Simple question, do you belive that americans should have the right to protection against groups of people staking claim to what is rightfully not theirs?

                                                    If you answer yes, you believe in property law and contract law, if you don't agree than you advocate for forceful restribution policies effectively stealing private property.

                                                    Try to keep up mate.

                                                    • 3 votes
                                                    #6.6 - Mon Jul 30, 2012 2:46 PM EDT

                                                    Brendan, Farm subsidies are nearly all in red states. You know what that means? GOP senators/Reps are effectively keeping them in place even thought they are destructive to the rest of the country. Let me re state, Republicans Senators/Reps are keeping SUBSIDIES" in place. That in effect means that socialism is taking place in states that are controlled by the GOP. Isn't that contradictory to you free market beliefs?

                                                    Lastly, please send me the name of any Democrat that has stated they are for the redistribution of wealth? Progressives want equality and since the GOP does not know what that means, someone needs to fight for the little guy. And please, save us the propaganda about how all democrats want hand outs.

                                                    • 11 votes
                                                    #6.7 - Mon Jul 30, 2012 3:10 PM EDT

                                                    To..brendan """

                                                    Yet corporate welfare is tolerated defended and encouraged

                                                    • 10 votes
                                                    #6.8 - Mon Jul 30, 2012 3:15 PM EDT

                                                    Brendan,

                                                    Since Blue states are better educated than red states, maybe you ought to realize that first off, dumb people are not writing political checks, but more importantly, the southern strategies effectiveness is based on people's inability to think critically and make decisions based on an array (not one source) of sources. Look at where the vast majority of wealth and higher education (ivy league, Stanford etc) lies in this country............on the coasts.

                                                    Try and keep up mate

                                                    • 9 votes
                                                    #6.9 - Mon Jul 30, 2012 3:15 PM EDT

                                                    Speaking for which side is intelligent. All I hear from the right is "common sense" this and "common sense" that, yet they really don't have any answers on the table to fix anything. Maybe we need someone with uncommon sense, to see the bigger picture and work toward that end.

                                                    Why is the right always afraid of smart/educated people, and choose to elect those that can't articulate themselves well, or just plan mentally handicaped.

                                                    • 4 votes
                                                    #6.10 - Mon Jul 30, 2012 3:27 PM EDT

                                                    Romney proposes cutting the top tax rate from 35% to 25% clearly what CEO making 40 million or more wouldn't want a 4+ million dollar tax cut? That tax cut is projected to cost 5 trillion in revenue over 10 years or 500 billion a year. Romney claims he'd pay for it by eliminating "loopholes" like the employer health plan tax exemption. What stuns me is why would middle class republicans receiving health insurance at work vote to elect a guy who wants to tax their health insurance? How much do think taxing the 10-15,000 a year on a family health plan would raise your taxes at 20% or so? By my math that's 2,000 to 3,000 a year to cut CEO's tax bill.

                                                    People complain about those not paying taxes and the deficit but ignore the possibility Romney paid no taxes many years or that Romneys plan that does cut 120 billion from social programs but raises military spending 260 billion hardly deals with the deficit. With Romneys lowering the rate on the rich who do you think will pay for that extra 140 billion a year for more military adventures?

                                                    Obama offered to match 2 trillion in cuts to social programs if republicans accepted 2 trillion in revenue by slightly increasing taxes on the rich and eliminating some corporate subsidies and they refused. Obama's 200 billion a year in cuts clearly would have exceeded Romney's 120 so it's hard to blame Obama because republicans won't compromise.

                                                    • 8 votes
                                                    #6.11 - Mon Jul 30, 2012 3:27 PM EDT

                                                    ReadBetweenthelines,

                                                    I never said republicans get the pass on farm subsidies. I simply asked a question that should expose the baseline thinking of a liberal or conservative. It certainly is against my free market beliefs, I am against all farm subsidies.

                                                    Anytime progressives bring up equality, the only way they try to attempt to correct inequality is through redistrbutive policies. They don't try to "lift all ships" like past conservatives have done. They want to pin the blame for unequality on people of wealth, effectively stealing wealth from them through taxation to give to the less privaledged. This is un-american.

                                                    Remeber, free market thinkers advocate equal opportunity, not equal outcome. Progressives preach equal outcome.

                                                    Im a registered independent and A Ron paul supporter, don't try partisan politics with me, thanks.

                                                    Try to keep up mate :D

                                                    Amunaka-

                                                    No, corporate welfare at the expense of tax paying citizens is also wrong. I do not advocate handouts to corporations.

                                                      #6.12 - Mon Jul 30, 2012 3:31 PM EDT

                                                      I can put an end to this right now. Most people in office right now are worthless regardless of side. We have real problems yet they're willing to talk about whether abortion should be legal or any other ridiculous thing that they spend way too much time arguing about. Democrats are generally the less sucky choice for the non-religiously crazy or non-filthy rich.

                                                      • 4 votes
                                                      #6.13 - Mon Jul 30, 2012 3:34 PM EDT

                                                      sorry Brendan-4 .... the republican party has the market cornered on ignorant constituents.

                                                      Nice try though.

                                                      • 4 votes
                                                      #6.14 - Mon Jul 30, 2012 3:41 PM EDT

                                                      The average democrat thought Obama would pay their mortgage and utility bills after the 2008 election. No that is not educated, that is just plain gullible. http://www.youtube.com/watch?v=P36x8rTb3jI

                                                      • 1 vote
                                                      #6.15 - Mon Jul 30, 2012 4:49 PM EDT

                                                      I fail to see how requiring those at the top to pay the same rate as those in the middle is redistibutive. When Reagan was elected he lowered the top rate from 70% to 39%. Now Romney want's to lower it to 25%. We went from the worlds greatest industrial producer under Reagan to a consumer base for China today hardly a selling point for trickle down. When Reagan was elected there were 10's of millions of manufacturing jobs that paid 4 to 5 times minimum wage to start. Now we're a "service" economy that pays minimum wage for unskilled labor.

                                                      • 1 vote
                                                      #6.16 - Mon Jul 30, 2012 5:25 PM EDT

                                                      KevinT: I'm sure only democrats fell for it. Clearly those gun totin bible thumpers that are the heart of the republican base would never fall for something like that.

                                                      • 1 vote
                                                      #6.17 - Mon Jul 30, 2012 5:27 PM EDT
                                                      Reply

                                                      99 days. For those of you who don't know what that means, it's three welfare checks.

                                                      • 22 votes
                                                      #7 - Mon Jul 30, 2012 1:33 PM EDT
                                                      Comment author avatarShady-1840964Expand Comment Comment collapsed by the community

                                                      Or three clan meetings for you.

                                                      • 36 votes
                                                      #7.1 - Mon Jul 30, 2012 1:36 PM EDT

                                                      hey shady.....there you are...another lib playing the race card because there is nothing to defend about the clown obama.....how pathetic....ROMNEY IN NOVEMBER!!!

                                                      • 20 votes
                                                      #7.2 - Mon Jul 30, 2012 1:39 PM EDT

                                                      Shady,

                                                      Sorry, all klan meetings have been cancelled until further notice. We are still mourning the loss of one of our finest, Robert Byrd.

                                                      • 12 votes
                                                      #7.3 - Mon Jul 30, 2012 1:39 PM EDT

                                                      Mcpaddywack.....there you are.....another tea bagger that probably thinks Fox news is a fine news outlet.....how pathetic......OBAMA IN NOVEMBER!!!!

                                                      • 15 votes
                                                      #7.4 - Mon Jul 30, 2012 1:47 PM EDT

                                                      Road Warrior - how will you and your kin folk keep in touch now....

                                                      • 8 votes
                                                      #7.5 - Mon Jul 30, 2012 1:48 PM EDT

                                                      Shady - Shouldn't you be at a La Raza rally?

                                                      • 7 votes
                                                      #7.6 - Mon Jul 30, 2012 1:50 PM EDT
                                                      ContemptMeDeleted

                                                      pjam - shouldn't you be at planned parenthood?

                                                      • 3 votes
                                                      #7.8 - Mon Jul 30, 2012 1:53 PM EDT

                                                      Contempt - shouldn't you be at remedial English classes?

                                                      • 4 votes
                                                      #7.9 - Mon Jul 30, 2012 1:54 PM EDT

                                                      Shady,

                                                      Obama now wants to cut the corporate tax rate to 28%. About three and a half years too late, don't you think? Funny how all Democrats pretend to be pro-business when they want votes.

                                                      • 15 votes
                                                      #7.10 - Mon Jul 30, 2012 1:55 PM EDT

                                                      Found your spelling error I see....

                                                      • 2 votes
                                                      #7.11 - Mon Jul 30, 2012 1:55 PM EDT
                                                      ContemptMeDeleted

                                                      Road Warrior - funny thing is, we didn't build that.....

                                                      • 2 votes
                                                      #7.13 - Mon Jul 30, 2012 2:01 PM EDT

                                                      Shady,

                                                      Liberals never build anything. They just want a fair share of what someone else has built. When is the next OWS protest?

                                                      • 13 votes
                                                      #7.14 - Mon Jul 30, 2012 2:04 PM EDT

                                                      Contempt - you'll have to excuse me, I'm texting from my Blackberry at the welfare office.

                                                      • 4 votes
                                                      #7.15 - Mon Jul 30, 2012 2:05 PM EDT

                                                      Contempt - you'll have to excuse me, I'm texting from my Blackberry at the welfare office.

                                                      Look across the way, I bet you'll see him there.

                                                      • 3 votes
                                                      #7.16 - Mon Jul 30, 2012 2:07 PM EDT

                                                      The next OWS protest will be held at your accountant's office.

                                                      • 3 votes
                                                      #7.17 - Mon Jul 30, 2012 2:07 PM EDT

                                                      Ruken - he's probably in front of me in line.

                                                      • 3 votes
                                                      #7.18 - Mon Jul 30, 2012 2:11 PM EDT
                                                      ContemptMeDeleted

                                                      Ruken - he's probably in front of me in line.

                                                      You should pinch his ass and find out.

                                                      Been riding your bike everyday with all the that free time you had recently?

                                                      Hm...I guess working out is some kind of insult?

                                                      "TAKE THAT...YOU PHYSICALLY FIT PERSON YOU!"

                                                      • 1 vote
                                                      #7.20 - Mon Jul 30, 2012 2:37 PM EDT
                                                      ContemptMeDeleted

                                                      Gotta love how the conservatives think all liberals are on welfare. Is it that tough to swallow that we live in a PROGRESSIVE country and always have????? Also, look at the youth in this country, they are FAR from conservative. many are libertarian (support Ron Paul), but you see, kids these are smarter than ever, and they certainly don't buy into the BS on Fox News. Your time is now conservatives, once the Boomers really start to dies off this country will take a hard left, much like it went hard right back in teh late 1980's. Sucks to be stupid AND conservative.

                                                      • 9 votes
                                                      #7.22 - Mon Jul 30, 2012 3:21 PM EDT
                                                      ContemptMeDeleted

                                                      "That’s the lowest level of optimism ever measured."?

                                                      since 2003 maybe.. Rasmussen Reports founded in 2003

                                                      Soooo.. the lowest since the last president?

                                                      Sounded better when you twisted it, I mean said it.

                                                      • 3 votes
                                                      #7.24 - Mon Jul 30, 2012 3:50 PM EDT
                                                      ContemptMeDeleted

                                                      Not all right wing conservatives are klan members but all klan members are right wing conservatives. Can you seriously claim a liberal would ever wear a sheet burning crosses claiming the supremacy of the white race?

                                                      • 1 vote
                                                      #7.26 - Mon Jul 30, 2012 5:31 PM EDT

                                                      CEO's want Capitalism as long as it benefits them individually. Then they want to inflict Socialism on their workers. The people that vote for them think that they are going to help workers. They couldn't care less. And then they want Socialism and a bailout when they fail and for taxpayers to carry the burden. And all the people at the top stay at the top and the way they stay there is by always keeping their foot on the throat of the little guy, the same idiots who vote for them. However, on the Democratic side they just take your taxes and give all of your stuff away to the so called poor. Pop a baby out and get a check from the government, stay on welfare and let the government take care of you.

                                                      At least the democrats heart is in the right place. The shape the economy is in and the fact that the wealthy get around taxes, because they have friends in government that make loopholes that only help the wealthy, I would say from this article I would never vote for Romney. And the fact that Mormons think that their underwear carries magic powers. By the way does anybody even know that Brigham Young was a counterfeiter and a felon?

                                                      • 1 vote
                                                      #7.27 - Mon Jul 30, 2012 5:36 PM EDT

                                                      I think the last bunch of you guys should share your phone numbers with each other and stay off the computer.

                                                      • 2 votes
                                                      #7.28 - Mon Jul 30, 2012 5:42 PM EDT
                                                      Reply

                                                      When given a choice between GREED and COMMON GOOD, which will a CEO and member of the cushy 1% pick? That's like asking a fox if he'd prefer a fresh hen to a tart green apple. Don't leave him in charge of the hen house, unless you want everyone else to contend with little green apples.

                                                      Unless the massive voter suppression campaign yileds extraordinary shift in voting elegibility, Romney doesn't have a chance in hell of getting elected President. But the overall picture is quite rosy for Republicans. Why? We've finally reached the stage where the highest bidder gets to buy political office. Sheldon Edelman and the Koch Brothers have already bought and sold several important figures who are now danicng to whatever whistle tune they fancy. The Republican party has been sold outright to corporate interets, and they've thrown in as a bonus the fate of the American Middle Class and working poor.

                                                      • 28 votes
                                                      #8 - Mon Jul 30, 2012 1:34 PM EDT

                                                      totally ridiculous post...

                                                      • 7 votes
                                                      #8.1 - Mon Jul 30, 2012 1:41 PM EDT

                                                      mcpaddywack,

                                                      What is ridiculous about vinyl's post? It is all true. Oh, I forgot, the Right doesn't believe in truths..

                                                      • 18 votes
                                                      #8.2 - Mon Jul 30, 2012 1:44 PM EDT

                                                      mcpaddywack - I thought vinyl45 comment was quite valid, what do you find so ridiculous about it?

                                                      Now, on to listing those fortune 500 companies so I can be sure to boycoyt their goods.

                                                      • 9 votes
                                                      #8.3 - Mon Jul 30, 2012 1:45 PM EDT

                                                      Good news for us Vinyl45 - just got back from vacation in Boston and the area - man, do they hate mittens! he is not going to carry Mass and probably not any other New England State, Penn is very doubtful, so is NJ. We talked to a lot of working class folks up there and overheard a couple of financial planners/investment bankers talking one evening at an upscale restaurant, sorry Mit - nobody likes you where you say you live.

                                                      • 13 votes
                                                      #8.4 - Mon Jul 30, 2012 1:48 PM EDT

                                                      I doubt that you spoke with anyone who didn't already agree with you.

                                                      • 3 votes
                                                      #8.5 - Mon Jul 30, 2012 1:50 PM EDT

                                                      Just like the media reported that the Republicans didn't stand a chance of regaining control of the House in 2008...

                                                      "Voter Suppression"???

                                                      Gimme a effing break.

                                                      Get a state issued ID, and shutup about it already.

                                                      Everyone knows it's just a transparent "argument" to allow illegals to keep voting.

                                                      Why ANYONE in their right mind, would/could object to a citizen with the right to vote, having to produce identification that they ARE qualified to do so, just defies logic, at even the rabid liberal level

                                                      And the courts have agreed. Deal with it...

                                                      • 3 votes
                                                      #8.6 - Mon Jul 30, 2012 1:51 PM EDT

                                                      @union

                                                      I say we boycott all unions unless they are private sector. Unions are the Bane of our progress as a nation. This boycott includes the U.A.W as they are now a public sector union because we bailed out their pensions with tax dollars.

                                                      GM's, Ford's, and any UAW made vehicle is junk anyways, especially considering the quality europe can put out. :D

                                                      • 3 votes
                                                      #8.7 - Mon Jul 30, 2012 1:52 PM EDT

                                                      One need to read no further into a comment than "the cushy 1%" to realize the post was from an uniformed radical.

                                                      • 2 votes
                                                      #8.8 - Mon Jul 30, 2012 1:53 PM EDT

                                                      To brendan """

                                                      And unions are what % of the private sector ..public sector ...and their the bane of progress

                                                      • 2 votes
                                                      #8.9 - Mon Jul 30, 2012 3:27 PM EDT

                                                      I did not realize that saying "the cushy 1%" made someone uninformed and radical? To peg someone as rich is radical? All right live a cushy life, so not sure how that wouldn't be true or assumed.

                                                      I suspect with your shield you may have served time defending our country. If so, I respectfully thank you for your service. Aside from that, maybe you shouldn't let people like rush and beck formulate your beliefs. Think for yourself, the rich do live a cushy life and they certainly do not care about you, soldier or not!

                                                      • 6 votes
                                                      #8.10 - Mon Jul 30, 2012 3:27 PM EDT

                                                      mcpaddywack - you think Vinly is wrong - sorry about your delusional state - and Near the Sea - you too

                                                      • 3 votes
                                                      #8.11 - Mon Jul 30, 2012 3:30 PM EDT

                                                      Let's see, how can I say this. You're wrong.

                                                      There, how's that? Make sense?

                                                      Greed is wanting more than you've earned.

                                                      Desire to grow is not greed, it is normal for everyone, including you.

                                                      True business is when all parties who engage in the transaction win (i.e. Florida Oranges trading for Washington Apples - both parties win because they acquire, through trading, a valuable product that does not grow so well in their own, respective regions)

                                                      Businesses and employees win when employees work and businesses grow from the employees' efforts - for which they are paid. Disparage the variance of income between employee and CEO all you want, but I think we can all agree that it takes experience, drive, and a certain attitude to be a successful CEO who will lead the company forward. Put any average employee in that seat and first he'll be hated by his former co-workers/friends for his success (regardless of character), and then make inexperienced choices that lead to the company's downfall. I think we have already seen where a lack of leadership and experience can take a company or country.

                                                      I know I've been a little rude in this post, forgive me, I was annoyed with your lack of understanding and wanted to address it. I hope this shows how we are all connected and that companies and employees grow together.

                                                      I'm not saying CEO's are free from greed, I'm saying you shouldn't generalize.

                                                      Greed is when a party seeks out for more than they have earned - whether it is a company refusing to pay higher wages, or an able-bodied worker who holds a sign looking for a hand out.

                                                      • 3 votes
                                                      #8.12 - Mon Jul 30, 2012 3:48 PM EDT

                                                      Wikipedia thinks greed means, " Greed is the inordinate desire to possess wealth, goods, or objects of abstract value with the intention to keep it for one's self, far beyond the dictates of basic survival and comfort. It is applied to a markedly high desire for and pursuit of wealth, status, and power."

                                                      Kinda like million dollar bonuses to CEOs of failing companies that can't cover their own pensions... you mean like that.

                                                      Of course not everyone is on the take.. but don't be naive.

                                                      And I am willing to bet that not all CEOs possess experience, drive, and a certain attitude.. ( you're the one who said not to generalize)

                                                      And the best interests of the worker usually conflicts with the best interests of the stakeholders and CEOs, financially speaking.

                                                      So there are decisions to be made, sides to be picked, paths to be taken. And there is a culture of greed to contend with.

                                                      • 4 votes
                                                      #8.13 - Mon Jul 30, 2012 4:00 PM EDT

                                                      Guess that tells you who Romney & the GOP represent. The ironic thing is that, despite the big money guys donating to Romney, he still trails in donations. Guess that's what happens when you have 99% of the population. 110 $1 donations beats 1 $100 donation. 110 votes will also beat 1.

                                                      • 1 vote
                                                      #8.14 - Mon Jul 30, 2012 5:05 PM EDT

                                                      Readbetweenthelines: Of course republicans care about soldiers. Just because a man like Romney gets 3 education deferments and spends 1 1/2 years as a mormon missionary in paris durting the height of vietnam when we had a draft doesn't mean he doesn't care about soldiers he just didn't want himself or his sons to be one. I mean who'd fight the wars without soldiers?

                                                      • 2 votes
                                                      #8.15 - Mon Jul 30, 2012 5:36 PM EDT
                                                      Reply

                                                      If Romney wins the Election, You can kiss the middle class goodbye and the whole economy with them.

                                                      • 27 votes
                                                      #9 - Mon Jul 30, 2012 1:35 PM EDT

                                                      totally moronic...

                                                      • 9 votes
                                                      #9.1 - Mon Jul 30, 2012 1:37 PM EDT

                                                      We'll all move up to the TOP... if you want to stay POOR that's YOUR CHOICE

                                                      • 8 votes
                                                      #9.2 - Mon Jul 30, 2012 1:37 PM EDT

                                                      mcpaddywack,

                                                      Looking in the mirror, are you?

                                                      • 5 votes
                                                      #9.3 - Mon Jul 30, 2012 1:45 PM EDT

                                                      The middle class is already disappearing...they are moving to the poor, non working class....You see the jobs outlook and economy under the current administration have tanked and there aren't as many working Americans as there were previously.

                                                      • 10 votes
                                                      #9.4 - Mon Jul 30, 2012 1:46 PM EDT

                                                      What a stupid comment. Do you really believe the "middle class" creates jobs and pays for the government programs? We are a capitalistic democracy and the growth of business is the key to our success. We would not have a middle class if it wasn't for free enterprise. You idiots that believe Obama BS about the government growing jobs must be drinking Kool-Aid.

                                                      • 10 votes
                                                      #9.5 - Mon Jul 30, 2012 1:54 PM EDT

                                                      Fedup,

                                                      If the middle class has no money to spend and buy things, how does businesses survive and prosper?

                                                      • 12 votes
                                                      #9.6 - Mon Jul 30, 2012 2:55 PM EDT

                                                      Yes, the Middle Class actually can save the economy. Why, you ask? Because they will actually spend money that they get, while the rich will bank it, overseas. Because the middle class is spending, there is more demand for good. More demand for goods causes the companies to have to hire more people to make the product. If the GOP would stop filibustering the bills that would take away the tax breaks for companies who outsource and would give tax breaks to the companies who hire in the US, then this would help the jobs situation. More people hired would put more people into the middle class, who would then spend the money, etc, etc.

                                                      This was how it worked "back in the good old days" that the GOP always longs for. Now they are just trying to destroy the economy to destroy Mr. Obama's Presidency. They pledged to do just that the day he was inaugerated and announced it. What real Americans would be willing to destroy the US in order to get powerr and money back? Oh, yes, the Republicans!!

                                                      • 9 votes
                                                      #9.7 - Mon Jul 30, 2012 3:07 PM EDT

                                                      Brad: And how do you expect the middle class to MAKE any money without people risking their time and capital starting and running a business? In order for the middle class to HAVE a job you must first have someone that CREATED a job!!

                                                      So a person has an idea to start a business and risks their own money (say $100,000) and hires two employees. The two employees help the business owner succeed and grow the business. That allows MORE jobs to be created and the two employees move up into management roles. But when you penalize the potential business owner and they decide NOT to start their business just who do you expect to hire these "middle class" workers you speak of?

                                                      I'll help you with that answer. Nobody. That is why our economy stinks and we have unemployment above 8% (with no sign of improvement), GDP at a stagnant 1.5%, and so on. When you penalize the job creators then there are NO JOBS for the middle class. Why do so many not understand how an economy works?!?!?

                                                      • 6 votes
                                                      #9.8 - Mon Jul 30, 2012 3:14 PM EDT

                                                      Mel, just a quick question. Let's take your illogical rationale for just a moment. Say we have a "rich" person who has $1 million, as you say, is banking it overseas rather than investing it into a new business so is not creating any jobs. Just a reminder: the government does not confiscate assets it only taxes income. So he has $1 million that, as you say, is sitting "idle". So no new taxes are coming in since he has decided it is not advantageous to invest in the current climate.

                                                      So what is the solution? Increased taxes on the "rich" and "businesses"? Here in our example (using YOUR failed logic) we have a wealthy person with idle money sitting on the sidelines OR we can incentivize him to invest it in the U.S. How? He doesn't see a return on his money in the current situation. So why don't we tell him if he invests it back home we will LOWER his taxes and give him additional tax credits if he hires workers? Wouldn't THAT create jobs? But that is not what Obama is wanting. Obama is telling this person "don't even THINK about investing in a business in the U.S. because it will cost you much much more". So the business does NOT get started and jobs did NOT get created.

                                                      So explain to me again how RAISING taxes on job creators will somehow help the middle class?

                                                      • 4 votes
                                                      #9.9 - Mon Jul 30, 2012 3:23 PM EDT

                                                      Since the middle class are the driver of the economy, how is that moronic? Mcpaddywhack.......details, facts, or ideas? Oh wait, those are not offered on Fox News, only propaganda and sound bites for sad little conservatives.

                                                      • 3 votes
                                                      #9.10 - Mon Jul 30, 2012 3:29 PM EDT

                                                      To Pro"""

                                                      And in the last decade of the bush tax cuts ...what jobs have the" job creators " created...? give them more tax cuts and their gonna all of a sudden create jobs now ...why would they...

                                                      • 3 votes
                                                      #9.11 - Mon Jul 30, 2012 3:31 PM EDT

                                                      Do you really believe the "middle class" creates jobs

                                                      Um, yes, it's pretty simple. Demand drives production. If there is no demand, there is no production. If there's no production, there is no need for jobs. It IS the middle class who are the true job creators. The wealthy just have the means to take advantage of opportunities provided BY the middle class.

                                                      • 8 votes
                                                      #9.12 - Mon Jul 30, 2012 3:33 PM EDT

                                                      Pro biz, the fact of the matter is that since the late 1980's the US has been experimenting with the trickle down then re branded as supply side economics. We have provided massive tax breaks to the "job creators" and how has that worked for America? The rich are now uber rich and the unemployment rate is 8-9%. Your economic theories are just that......theories. rish people (i.e.e investors) need not be so greedy. expecting a 15% or much more on all your investments is ridiculous. there was a time not many decades ago when making 5-10% return on ALL your investments was a solid return. Unfortanely Wall St greed has seeped into much of our culture and as a result those that are not as equally greedy are getting left behind.

                                                      • 4 votes
                                                      #9.13 - Mon Jul 30, 2012 3:35 PM EDT

                                                      A CEO making 50 million a year would pay 5 million less in taxes with Romneys plan to cut the top tax rate from 35% to 25% and even more if Obama can repeal the carried interest special rate of 15% for hedge fund and venture capitalists. Carried interest is the 20% of all profits these fund managers get as pay that is taxed at capital gains rates even though it's a cut of profits and should be taxed at normal rates. 31% of Romneys income was taxed as carried interest. Hard to sell it that CEO's want Romney because of anything but self interest.

                                                      • 1 vote
                                                      #9.14 - Mon Jul 30, 2012 3:40 PM EDT

                                                      Probusiness: Romney isn't just parking money in oversea's accounts he created a shell company in the Caymans that advertised for foreign investors advising investors they could invest in U.S. companies without paying U.S. taxes by doing their investing through his shell company rather than investing directly, hardly simply parking his cash.

                                                      Your analogy about lowering rates on people like Romney so they'd bring it home and hire more people is absurd. Lowering taxes on rich people has nothing to do wtih money already earned and parked offshore. If they have 100 million that's already been taxed why would allowing them to pay 5 million less encourage them to hire more?

                                                      • 1 vote
                                                      #9.15 - Mon Jul 30, 2012 3:48 PM EDT

                                                      You don't know that unless you have superhuman powers to read the future. All your comment really says is that you hate Romney. But the question I have is why? Because someone told you to?

                                                      We're not dumb, and it's still about the economy. Romney2012!

                                                      (At least I can relate to Romney, I have a birth certificate from the U.S.)

                                                      • 2 votes
                                                      #9.16 - Mon Jul 30, 2012 3:56 PM EDT

                                                      Probusiness, you made some points but missed the point of your whole rant.. you never did tell us how the economy works.

                                                      Please enlighten us. ( I gotta admit, sounds like you're supporting trickle down economics.. say it ain't so)

                                                        #9.17 - Mon Jul 30, 2012 4:04 PM EDT

                                                        Yes, it's the middle class that creates jobs. DEMAND creates jobs and the middle classes in India, China, and Brazil are growing and demanding--which is why their economies are doing well.

                                                        Our middle class is being crushed. Our economy is suffering. The link is strong

                                                        • 1 vote
                                                        #9.18 - Mon Jul 30, 2012 4:14 PM EDT

                                                        Hey, "I Like America" and others.. you must not like America too much if you vote for Romney, since his "business" philosophy is based on scamming and profiting off others' losses, and putting his money into offshore accounts so as to avoid paying his fair share of taxes to help support America. He also admits he "doesn't worry about the poor", because he thinks welfare will take care of them -- all the while trying to eliminate or reduce it further. And he supports limiting women's rights and healthcare which he used to support not so long ago, therefore, earning the title of flip-flop.... So, unless you really like cheaters and flip flips, you need to vote for the other guy who SUPPORTS America and the middle class. It hurts to admit this, doesn't it? Because you've made a habit of trashing the man at the realm... Why? Because someone told you to?

                                                        • 2 votes
                                                        #9.19 - Mon Jul 30, 2012 4:32 PM EDT

                                                        Well, I'm not rich, and I can't donate much, but I did put my $10 to his campaign. And I DO have college education, actually 2 degrees, in Finance, Accounting and Business, so I can see when someone has a good plan for the economy, and proven success, vs. someone who had never had to meet payroll, or work in the private business, making products, and profits, not taking...

                                                        AND FOR THOSE WHO CRY FOUL, TELL ME WHAT IS THE CONTRIBUTION OF THE UNIONS TO OBAMA? If you don't know, I'll tell you, 10 to 1! So he can continue to take from those who make and give it to those who take!

                                                          #9.20 - Mon Jul 30, 2012 4:48 PM EDT

                                                          Okay, all you liberals - just keep repeating your talking points but you just can't explain HOW increasing taxes INCREASE jobs. That is one of the most unintelligent comments and confirms you never took an Economics course OR ever have run your own business. Forget all the "Romney has a shell corporation" or "trickle down doesn't work" or any of the other nonsense. Simply read the scenario below and explain to me HOW this business will hire MORE workers when their cost increases:

                                                          It is really quite simple: A business will hire a worker if the COST to hire that worker is LESS than the additional value this worker can produce. For example, I will not hire a worker that costs me $20/hour when they will only produce $18/hour in additional productivity. So we have a business that TODAY has determined that hiring this worker does not make sense and Obama tells this company that starting in January their cost of doing business will increase. So explain to me again how INCREASING the cost of doing business will incentivize this business owner to hire when now it already cost more than the worker will produce in value?

                                                          That is one of the most unintelligent comments I have heard in my 30 years in the business world. In fact speak your nonsense all you want but, better yet, why don't you stop in about 5 small businesses on the way home and simply ASK them if their taxes go up will that incentivize them to hire MORE workers? Go ahead and ASK those who actually HIRE people if that makes any sense. You will be obviously a liberal immediately to these business owners because only someone with no basic understanding of Economics or business could say something so unintelligent.

                                                          • 1 vote
                                                          #9.21 - Mon Jul 30, 2012 5:12 PM EDT

                                                          2Sense: I can certainly tell you how an economy works because I actually TEACH economics at the college level. It is called the "Circular Flow Method" where both the Resource and Product markets work in unison. This illogical comment that we need the middle class to "demand" first is absurd. Yes we need demand but WHERE do the middle class get the money to "demand" stuff. By working. It goes like this:

                                                          An entrepreneur comes up with an idea and believes the consumer will buy their product. So they analyze what the investment must be, what kind of return can be expected, and what is the risk (can they possibly LOSE all their money and, if so, what is that probability). So they decide to invest in their idea and hire, say, two workers. These two workers now have INCOME to go buy the products THEY want. But THEIR income is only as safe as the company they work for. So assume this business product sells which allows this business to recognize he can make a profit so decides to keep these workers another week.

                                                          But now assume the economy declines and sales fall. Just how does this employer AFFORD to pay these workers another week? He can't so he lays off one (or both). What we need to do is make it beneficial for this company to KEEP these two workers. How do we do that? Say, I have an idea - let's tell this entrepreneur that his taxes and costs of doing business are going up. Yes, THAT will certainly push this business owner to hire these two workers again. Don't you realize how silly that sounds? NO!! We need to tell ALL these businesses we will do what we can to reduce their cost of doing business. When THAT occurs they can afford to keep their current workforce AND maybe hire MORE!! Raise their taxes and hiring DECREASES!! So if hiring DECREASES where does this "middle class" get the money to buy more items? They don't and actually DECREASE spending further.

                                                          The ONLY way to grow an economy is to get businesses to hire and the ONLY way to get businesses to hire is give them certainty on what is happening in the future and reduce their costs of doing business.

                                                          I can't teach you economics in one post but if you want to sign up at your local college and spend 16 weeks with an instructor there (or take my class) then you just MIGHT have the opportunity to learn something.

                                                          • 2 votes
                                                          #9.22 - Mon Jul 30, 2012 5:23 PM EDT

                                                          "and the ONLY way to get businesses to hire is give them certainty"...No thanks to Congress!

                                                          ...and how do you reduce the costs of doing business? According to Mittens, it's taking our American jobs to Asia and Mexico. Labor is cost #1 is most cases.

                                                            #9.23 - Mon Jul 30, 2012 5:29 PM EDT

                                                            I like America: If you want to understand why we hate Romney try reading the posts. If you read the posts from those who hate him and still don't understand it's time for remedial education.

                                                              #9.24 - Mon Jul 30, 2012 5:55 PM EDT

                                                              probusiness: You babble. If you teach economics yet clearly have no idea how our economy works you should get another profession. All your suppositions rely on requiring our country to compete against countries that pay $1 a day. There was a time our country protected our manufacturing base as China does today. China manipulates its currency, forces companies that wish to sell there to produce there and even to partner with Chinese companies so they'll have to share proprietary information with their new partner.

                                                              Whether you want to talk about trickle down or not what Romney proposes is exactly that and it doesn't work. As someone who was a working adult during Reagan I assure you we aren't better off today than we were prior to Reagan. Reagan stimulated the economy by increasing military spending by far the most in peace time history not by his economic policies tripling our deficit.

                                                              Even if you do teach economics which I doubt, It only means you believe what you've been taught and what you teach but doesn't mean you are the only one who can think. If economics were an exact science you wouldn't have the huge disparity in what economists suggest and we'd have a spectacular economy. Quit talking down to other posters and stick to your beliefs, no more nor less valid than others.

                                                              • 3 votes
                                                              #9.25 - Mon Jul 30, 2012 6:11 PM EDT

                                                              The same pattern has been observed in cross-national data. For example, using data from the World Bank and the Organization for Economic Co-operation and Development for a sample of 65 industrial nations, the economists Alberto Alesina and Dani Rodrick found lower growth rates in countries where higher shares of national income went to the top 5 percent and the top 20 percent of earners. In contrast, larger shares for poor and middle-income groups were associated with higher growth rates. Again and again, the observed pattern is the opposite of the one predicted by trickle-down theory.

                                                              The trickle-down theorist’s view of the world is nicely captured by a Donald Reilly cartoon depicting two well-fed executives nursing cocktails on a summer afternoon as they lounge on flotation devices in a pool. Pointing to himself, one says angrily to the other, “If those soak-the-rich birds get their way, I can tell you here’s one coolie who’ll stop” working so hard.

                                                              This portrait bears little resemblance to reality. In the 1950s, American executives earned far lower salaries and faced substantially higher marginal tax rates than they do today. Yet most of them competed energetically for higher rungs on the corporate ladder. The claim that slightly higher tax rates would cause today’s executives to abandon that quest is simply not credible.

                                                              In the United States, trickle-down theory’s insistence that a more progressive tax structure would compromise economic growth has long blocked attempts to provide valued public services. Thus, although every other industrial country provides universal health coverage, trickle-down theorists insist that the wealthiest country on earth cannot afford to do so. Elizabeth Edwards faces her battle with cancer with the full support of the world’s most advanced medical system, yet millions of other Americans face similar battles without even minimal access to that system.

                                                              Low- and middle-income families are not the only ones who have been harmed by our inability to provide valued public services. For example, rich and poor alike would benefit from an expansion of the Energy Department’s program to secure stockpiles of nuclear materials that remain poorly guarded in the former Soviet Union. Instead, the Bush administration has cut this program, even as terrorists actively seek to acquire nuclear weaponry.

                                                              The rich are where the money is. Many top earners would willingly pay higher taxes for public services that promise high value. Yet trickle-down theory, which is supported neither by theory nor evidence, continues to stand in the way. This theory is ripe for abandonment.

                                                              Robert H. Frank, an economist at the Johnson School of Management at Cornell University, is the author of “The Economic Naturalist,” which will be published next month. Contact: www.robert-h-frank.com.

                                                              • 1 vote
                                                              #9.26 - Mon Jul 30, 2012 6:15 PM EDT

                                                              Larry, have you STUDIED economics or did you learn at a bowling alley with a pitcher of beer.

                                                              You like to criticize me and because you disagree say I "babble". Well, let me type verbatim from a textbook called "Macroeconomics - Private and Public Choice" by Gwartney/Stroup/Sobel/Macpherson 14 Edition:

                                                              Why Do High Tax Rates Retard Output? (pages 238-239)

                                                              "There are several major reasons why high tax rates are likely to retard the growth of output. First, as we have explained (in previous pages), high marginal tax rates discourage work effort and productivity....... ...........In some cases, high tax rates will even drive highly productive citizens to other countries where taxes are lower. In recent years, high-tax countries such as Belgium, France, and Sweden have experienced an outflow if highly successful professionals, business entrepreneurs, and athletes.

                                                              Second, high tax rates will adversly affect the rate of capital formation and the efficiency of its use. When tax rates are high, foreign investors will look for other places to put their money, and domestic investors will look for investment projects abroad where taxes are lower........ ............As a result, scarce capital will be wasted and resources channeled away from their most productive uses............"

                                                              In other words you are welcome to question and debate an Economics professor but before you say he "babbles" and doesn't know "what he is talking about" it would be best if you knew what you were talking about first. Tax increases retard output. It is not only in THIS textbook but EVERY textbook in this country. So you are saying EVERY Economist in this country doesn't know and YOU happen to be the all-knower of warped economic theory? I have a more logical consensus. You don't have any idea what you are talking about.

                                                              Sometimes it is better to not say anything at the risk of looking like a fool then to open your mouth and remove all doubt.

                                                              • 1 vote
                                                              #9.27 - Mon Jul 30, 2012 7:19 PM EDT

                                                              I think to find the fool you need only seek a mirror. Obviously we can each post countless articles by noted economists supporting our point of view but neither would convince the other. I normally just post my opinions and links to facts. However, your condescending tone suggesting anyone who disagrees with you is ignorant or uninformed because you're a "gasp" economics teacher makes your opinions the only valid ones make you appear arrogant and ignorant. Want to find hundred of articles by noted economists who believe trickle down is nonsense? Google trickle down doesn't work and you'll find tons. Not wasting any more type on your type.

                                                              P.S. And no raising taxes on the rich doesn't create jobs except maybe government jobs but neither does raising them on the poor which Romneys plan does by eliminating the employer health plan exemption to pay for his tax plans. To use your nonsensical argument that the only reason to tax or not tax is job creation we should simply impose no taxes. Hard to argue taxing the middle class who spend money won't create jobs but allowing Romney to put an extra 5 million in his Caymans account will.

                                                              • 2 votes
                                                              #9.28 - Mon Jul 30, 2012 7:48 PM EDT

                                                              Top Economist Alan Blinder wrote this article last week supporting letting the Bush tax cuts on the rich expire.

                                                              The Basic idea behind it is that an unemployed person or a lower income person will spend any extra money he gets right away (he doesn’t have a choice) and thus stimulate the economy, whereas a rich person will save it and thus not stimulate the economy.

                                                              One thing that’s left out in almost all discussions is class. Most of the rich people that received the Bush tax cuts will make most of their money through investments and controlling businesses for a profit, most of the poor make their money on their labor. Any sound businessman knows the way you make a profit is to spend the least amount of money while profiting the most, any of the money you give to businessmen will be used to make them more money. That money won’t trickle down, hiring won’t increase simply because those doing the hiring have more money, hiring will only increase if those doing the hiring must hire more in order to make more profit, which will only happen when demand increases.

                                                              In fact even if demand increases and unemployment is high, chances are what will happen first is that workers with jobs will have to work harder before they hire, and because of job insecurity, workers won’t really have choice but to comply. The money will only trickle down when the rich have made as much profit possible before it trickles down, and generally that ceiling is never reached, especially since investing in financial schemes is generally more profitable than investing in productive industries, the derivatives market doesn’t trickle down (if anything it will end up costing the poor more when those markets blow up and the government has to bail them out).

                                                              Obviously letting the tax cuts expire is the right thing to do, obviously unemployment benefits must continue. But things need to be done to change the way business is done in the United States, as long as industry is run completely by and for the rich and the business class, unemployment will stay high, wages will stay low, and any economic growth will shoot straight to the top (why wouldn’t it, they control where it goes). One way to change this is Co-Determination (In Germany where the practice started it’s called Mitbestimmungsgesetz), which is a policy of companies being required to include representatives of the workers in the board of directors. With worker participation in companies the interests change, when more demand is needed, chances are the workers will prefer hiring more workers rather than wanting to work more, when company profits go up chances are they won’t want all of those profits going to CEO bonuses, when profits go down chances are layoffs are not the first option.

                                                              These sorts of policies, increasing democracy in the economy, lessening the economic power of the business class, that’s what’s going to get the economy out of the dump. We don’t need to just pump more money into the economy, we need to change whose interests the economy serves, and the only way that will happen is changing who controls the economy.

                                                              • 1 vote
                                                              #9.29 - Mon Jul 30, 2012 8:05 PM EDT

                                                              excellent posts larry.youre obviously more educated and intelligent then the man who calls himself probusiness.i feel sorry for probusinesses students.can you imagine having to repeat obvious misinformation to get a good grade

                                                              • 1 vote
                                                              #9.30 - Mon Jul 30, 2012 8:57 PM EDT

                                                              Thanks John. I'd love to see how his credentials stack up to Mr. Blinders which pretty much discredits every point probusiness makes, though as I posted different well respected economists disagree i choose to post which side i believe is right. Probusiness prefers to quote textbooks as being indesputable and anyone disagreeing as idiots.

                                                              Alan S. Blinder has been on the Princeton faculty since 1971, taking time off from January 1993 through January 1996 for service in the U.S. government—first as a member of President Clinton’s original Council of Economic Advisers, and then as Vice Chairman of the Board of Governors of the Federal Reserve System. Dr. Blinder is a Distinguished Fellow and past vice president of the American Economic Association, a past president of the Eastern Economic Association, and a member of the American Academy of Arts and Sciences, the American Philosophical Society, and the American Academy of Political and Social Science.

                                                                #9.31 - Mon Jul 30, 2012 9:38 PM EDT

                                                                Larry, here's what you actually used as an answer to my previous question:

                                                                "I like America: If you want to understand why we hate Romney try reading the posts. If you read the posts from those who hate him and still don't understand it's time for remedial education."

                                                                I've been reading your posts and other liberals, which are essentially the same. Unsupported accusations of Romney and using media as your vehicle to drive your hatred against him and other conservatives. Your answer lacks a critical element, an answer.

                                                                This is what is known as ducking and dodging. So I will give you one more chance to give an answer and be prepared to share facts and cite your sources, otherwise your hatred for Romney is purely emotional, and not logical as you would hope others would think.

                                                                Try again? Or admit that your hatred for Romney is not logical?

                                                                I'm happy with my college education, it is serving me well but I think I'll pass on your remedial education, it is more focused on propaganda than on education. No thank you.

                                                                • 1 vote
                                                                #9.32 - Tue Jul 31, 2012 6:25 PM EDT

                                                                My hatred of Romney is quite rational. Amusing that one from the party of secret conspiracies demands proof of any negative impressions of Romney.

                                                                Can I point to anything that proves Romneys blind trust isn't blind merely because he appointed his attorney, friend and the man he appointed as president of his Caymans company to oversee it and that 10 million was invested in Romneys son Taggs business with no input from him? No, but only a fool would believe so. Maybe you vote only on what your candidate says when he refuses to prove it. I don't.

                                                                Do I have proof that releasing his tax returns would show he's conducted his business in a way that I and many Americans would disapprove of? Other than the comment his wife made that providing them would just give democrats ammunition. If the returns are similar to those he released then clearly there'd be none. Or his tax plan that he won't answer who will pay his 5 trillion cut for the rich. Only Romney can.

                                                                  #9.33 - Mon Aug 6, 2012 1:10 AM EDT
                                                                  Reply

                                                                  "Some of these donors have contributed thousands more to joint fundraising committees for either Obama or Romney, which funnel donations to the respective national party infrastructures and to state parties. These funds weren’t included in NBC’s tally because they aren’t directly under the control of either presidential candidate,"

                                                                  How pathetic is it that they even went looking for this data in the first place?

                                                                  Remove enough data and ignore enough facts and you can always find something to spin into a propaganda article; NBC proves it on a daily basis.

                                                                  P.S.

                                                                  Where is the "Illegal immigrants and generational welfare recipients overwhelmingly sell their votes to Obama for taxpayer-funded handouts" article?

                                                                  • 15 votes
                                                                  Reply#10 - Mon Jul 30, 2012 1:35 PM EDT

                                                                  excellent!!!!.........

                                                                  • 6 votes
                                                                  #10.1 - Mon Jul 30, 2012 1:38 PM EDT

                                                                  @pjamo9

                                                                  Where is the "Illegal immigrants and generational welfare recipients overwhelmingly sell their votes to Obama for taxpayer-funded handouts" article?

                                                                  If it were true you would be able to find the proof. You are just re-spouting the gop lies

                                                                  • 10 votes
                                                                  #10.2 - Mon Jul 30, 2012 1:39 PM EDT

                                                                  really?...who does obama pander to?.........blacks, latinos, gays.....illegal immigrants........that is his base....

                                                                  • 8 votes
                                                                  #10.3 - Mon Jul 30, 2012 1:42 PM EDT

                                                                  mcpaddywack,

                                                                  I'm none of those listed, and I'm part of Obama's base.. You see, it's the difference between how one "sees" the following 2 words: me or we

                                                                  • 16 votes
                                                                  #10.4 - Mon Jul 30, 2012 1:47 PM EDT

                                                                  Exactly...

                                                                  Problem is, when 50% of the American public is on some sort of government assistance- it risks the collapse of the entire economic system.

                                                                  The "takers" will vote for whomever will give them more.

                                                                  The "givers" will, eventually, get tired of the game, and their businesses- and bodies- will leave the United States.

                                                                  The writing is on the wall. I just pray the "givers" outnumber the "takers" in November, or we are doomed...

                                                                  How can ANYONE believe we can endure four more years of what we have?

                                                                  • 7 votes
                                                                  #10.5 - Mon Jul 30, 2012 1:56 PM EDT

                                                                  I'm also not black, latino, gay or an illegal immigrant, or on welfare or unwed and I'm on Obama's side, though I can't vote (not a US citizen). I am a female, however, and I'm in an income bracket where one would assume Romney would best fit me. But the thing is, I don't live on my own island. I don't build and drive my own roads, nor do I drink my own treated water or live in my own "LaDolceVita1" nation.

                                                                  I agree with Brad Cantor. I see it as a difference between those who are all about 'me' versus those who know that the only way the U.S. thrives is when 'we' all thrive.

                                                                  • 14 votes
                                                                  #10.6 - Mon Jul 30, 2012 2:02 PM EDT

                                                                  Brad Cantor?.....if you are part of obama's base you are either stoned or delusional....i'll give you the benefit of the doubt...you must be stoned!!!

                                                                  • 3 votes
                                                                  #10.7 - Mon Jul 30, 2012 2:04 PM EDT

                                                                  McPaddytool, See, its guys like Brad and myself that understand the system and do not buy into the right wing propaganda. I do not by any means love Obama, but he is the lesser of two evils. You clowns seem to think he is sooo different hat Obama. He really isn't, just look at his record as Mass Governor (the most liberal state in the country btw). What is delusional is the fact that you support a candidate for one reason, he is NOT B Obama. Romney is such a clown that independents would flock to GWB (43) rather than vote for any empty suit that changes his mind every other day. Not to mention that he belongs to a cult that regards women much like that of 2nd class citizens. Aside from that he would be a great POTUS. Lol

                                                                  • 4 votes
                                                                  #10.8 - Mon Jul 30, 2012 3:44 PM EDT

                                                                  mcpaddywack... Which klan do you belong to?? Or is it a Militia or Patroit group?

                                                                  • 2 votes
                                                                  #10.9 - Mon Jul 30, 2012 4:46 PM EDT

                                                                  C'mon - we love Obama, almost as much as watching those hundreds of millions of Republicorp's so-called 'hard earned' money go, in the end, for absolutely zero, zilch, nada. Can you all say 'Bob Dole meets Richard Nixon'? I thought you could. Bring on Term #2, and all new extremes of Boner/Cantor/McTurtle-led bigoted obstructionism! You TeaTards gotta love yer overty-fulfilled lives, no? Pray first, then shoot, I always say.

                                                                    #10.10 - Mon Jul 30, 2012 9:25 PM EDT
                                                                    Reply

                                                                    Let's see... continued threats, blackmail, coercion, bribery & extortion............

                                                                    ..... or a President that understands what makes this country work..... yeah Barry has his work cut out for himself this time.... no coronation this time.... his record as community organizer won't do him any good after FOUR YEARS of FAILURE.... can't blame Bush for his entire Presidency... gonna have to pull his shorts up & take it like a man....

                                                                    Watch him folks.... this one is not going to leave office gracefully

                                                                    • 13 votes
                                                                    Reply#11 - Mon Jul 30, 2012 1:36 PM EDT

                                                                    He will continue to blame Bush and a significant number of our liberal friends will continue to believe it. They will never accept facts. When things work out the way they want, they take full credit and when things don't they accept no responsibility. It is the liberal way.

                                                                    • 2 votes
                                                                    #11.1 - Mon Jul 30, 2012 2:00 PM EDT

                                                                    Just when has Obama said "This is all Bushes fault"? Obama got elected because the other choice was McCain/PALIN. Micky Mouse would have been elected over that. The republicans had really destroyed the Money Markets/IRAs of middle class America. My dad, born 1921, used to say how a money market/IRA would double every seven years. He thought that was Gospel. That's how strong our economy WAS. Well, the jobs got sent overseas to people who would do it cheaper. The rich got richer and the soon unemployed middle class lived on credit cards, driven into debt. My MM funds lost $30,000 because I kept trusting my dads advice I finally yanked them and went to a Credit Union. Used to be this countrys employers cared that their employees were paid fair and could actually buy American products. Well, that's gone. Why do you think WalMart does so well. Many don't have the money for anything else. Buying American is a luxury anymore. They should pay people to actually afford to live and BUY from this country.

                                                                    • 3 votes
                                                                    #11.2 - Mon Jul 30, 2012 3:39 PM EDT

                                                                    Near the Sea,

                                                                    The american people overwhelming blamed bush. that is the VERY reason Obama was elected and both houses of congress went to the democrats. So, in reality, you should be mad at your own party for allowing GWB to do such a lousy job. Actually for allowing Cheney and Rumsfeld from doing such terrible jobs. make sense for you now???

                                                                    • 3 votes
                                                                    #11.3 - Mon Jul 30, 2012 3:47 PM EDT

                                                                    According to most polls most Americans believe it. Funny how when assuming the presidency with an economy that's already lost 11 trillion in national net worth, 400 billion a year in tax revenue and 8 months losing jobs at a rate of 760,000 a month they'd blame Bush and not Obama or that Obama having created more jobs in 4 years than Bush did in 8 might be a possitive for Obama.

                                                                    • 3 votes
                                                                    #11.4 - Mon Jul 30, 2012 3:55 PM EDT

                                                                    Well said Larry,

                                                                    Obama was appointed the Captain of a sinking ship, then blamed for the sinking. Lunacy!!!

                                                                    If Romney wins, we will all see what a terrible President really is, that's a fact. He is bound to start at least two wars and drain the treasury completely.

                                                                      #11.5 - Mon Jul 30, 2012 4:05 PM EDT

                                                                      Hey Chris, don't confuse facts with opinions. Out of curiosity when does Obama officially own the economy? I can buy the first year when it comes to blaming Bush; however, we a pushing year 4 and the situation is no better

                                                                        #11.6 - Mon Jul 30, 2012 4:23 PM EDT

                                                                        The only reason they are throwing their money behind Romney is:

                                                                        a. Romney has said he will away with Regulations - may not he good for the environment or citizens but what the hell as long as they make more money.

                                                                        b. Romney will reduce their tax rates even lower - unfortunately how are you going to pay for those addition tax cuts Romney?-

                                                                        c. Romney has stated he is anti unions as is his two biggest contributors Koch Bros. & Adelson - no protection for employees - lower wages. More profits for companies more people working longer hours and earning less.

                                                                        d. Romney and Koch Brothers do not believe in minimum wage. Well if Employers do not have to pay at least a minimum wage, how are people going to provide for their families.

                                                                        The reason they are supporting Romney is he is not interested in the middle class he is only interested in the 1% and the companies and corporations that make them richer.

                                                                          #11.8 - Mon Jul 30, 2012 5:20 PM EDT

                                                                          You don't consider gaining 80,000 jobs a month better than losing 760,000? How about a stock market at 7900 instead of todays over 13,000?

                                                                          • 1 vote
                                                                          #11.9 - Mon Jul 30, 2012 7:04 PM EDT

                                                                          Here's an interview flip flop gave in 2008.

                                                                          In 2008 when the economy fell off the cliff in the months after the presidential election, Mitt Romney thought something had to be done ASAP. Even though we had a lame duck president, George W. Bush, and a lame duck Congress, Mitt Romney thought our economic situation was so dire that we needed action from Washington.

                                                                          On December 19th, 2008, in an op-ed for The National Review, he wrote, "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... Congress and the president must act now."

                                                                          Romney closed his piece with this dramatic order for Congress, especially Republicans in Congress. "The Democrats may want to wait for Obama, but the country needs action now. Republicans can — and must — play an important role in shaping a stimulus bill that makes sense for America and lays a foundation for future prosperity and growth."

                                                                          He's singing a different tune now. According to Romney now, "a stimulus approach has not worked. The idea of item by item, looking for a quick solution and throwing gasoline on the fire — that hasn't worked. The first stimulus of almost $800 billion didn't create private sector jobs....The president needs to put aside all these stimulus plans, and instead work to restructure the foundation of America's economy."

                                                                          To O'Donnell, the "restructure the foundation of America's economy" is a "purely Communist idea."

                                                                            #11.10 - Mon Jul 30, 2012 7:07 PM EDT
                                                                            Reply

                                                                            whether he leaves gracefully or not i really don't care as long as leaves ASAP.....the worst president in our history...ROMNEY IN NOVEMBER!

                                                                            • 15 votes
                                                                            Reply#12 - Mon Jul 30, 2012 1:38 PM EDT

                                                                            Yes, Romney probably WOULD be the worst President in our history, or at least as bad as W.

                                                                            • 7 votes
                                                                            #12.1 - Mon Jul 30, 2012 3:35 PM EDT

                                                                            Way worse. At least #43 had conviction. Romney just changes his mind to please others.

                                                                            • 5 votes
                                                                            #12.2 - Mon Jul 30, 2012 3:49 PM EDT

                                                                            Go Obama!!!! And don't come back! :)

                                                                            • 2 votes
                                                                            #12.3 - Mon Jul 30, 2012 3:52 PM EDT

                                                                            He's still a work in progress that hasn't quite fit the needs of his puppeteers. There's a delicate balance between alienating voters and knowing what his handlers really expect.

                                                                              #12.4 - Mon Jul 30, 2012 4:46 PM EDT
                                                                              Reply

                                                                              Road Warrior,

                                                                              What a great post!!!!! Good job!

                                                                              • 3 votes
                                                                              Reply#13 - Mon Jul 30, 2012 1:38 PM EDT

                                                                              Go USA - If I was a candidate I would try to connect with the majority; I don't think there are that many CEOs. Good strategy or bad strategy? I guess we will have to wait until November to find out.

                                                                              • 2 votes
                                                                              Reply#14 - Mon Jul 30, 2012 1:42 PM EDT

                                                                              This article isn't about what the candidate did. It is about what the CEOs did. I don't think Romney or Obama for that matter have much control over who decides to support them with their dollars.

                                                                              • 2 votes
                                                                              #14.1 - Mon Jul 30, 2012 1:48 PM EDT

                                                                              maybe they don't have control over who contributes to them but they sure as H have control over how beholding they will be if they win. get the money out of elections

                                                                              • 3 votes
                                                                              #14.2 - Mon Jul 30, 2012 3:27 PM EDT

                                                                              For all of you out there that are STILL trying to blame Bush for the economy, etc., please just take a small look at the character of Bush vs the nimrod in office right now. This speaks volumes about who each man is: When the troops when to the middle east and found Saddam Hussein, Bush came out publicly declaring what a wonderful job THOSE men and women were and what a great job THEY did. When the troops found Osama bin Laden, the nimrod went on national television bragging about how HE planned everything, HE found bin Laden and HE killed him. I don't know about you, but I've never seen him in a set of army fatigues, have you? HE didn't do @!$%#! Those brave soldiers did all the work. But in typical Obama fashion, he takes credit for the good and blames whomever he can for the bad! Simply put - PATHETIC! And as for transparency, I don't know if it would matter. Any moron can pick up one of Obama's books and see how much he hates white people and the American world - preferring only his black heritage and the Muslim ideals. This is very transparent, yet the blind, dumbasses of the world will follow him to the cliff and jump off for him. When did the US turn into such idiots? Very scary! I think I'd take my dog in office right now over ANY political candidate out there! At least he would have an excuse for being less than intelligent and humping everything that walks into the White House like Clinton.

                                                                              • 2 votes
                                                                              #14.3 - Mon Jul 30, 2012 3:29 PM EDT

                                                                              I just watched Obama's speech after killing OBL and he gave credit to all those involved. Not once did he say "me" or "I" when talking about completing the objective. Maybe you should sit down, take a few deep breaths and take your meds............

                                                                              • 1 vote
                                                                              #14.4 - Mon Jul 30, 2012 3:51 PM EDT

                                                                              mla2069: When you lie to make a point you merely look the fool.

                                                                              • 1 vote
                                                                              #14.5 - Mon Jul 30, 2012 3:58 PM EDT
                                                                              Reply

                                                                              Wow - let's not mention Obama's Hollywood fundraisers with the elite!

                                                                              • 4 votes
                                                                              Reply#15 - Mon Jul 30, 2012 1:42 PM EDT

                                                                              The difference between rich liberals is they'll pay more in taxes under Obama so nothing self serving. A CEO on the other hand making 50 million would pay 5 million less a year in taxes at least. It makes it a little easier to credit someone willing to do what's best for the country rather than best for themselves.

                                                                                #15.1 - Mon Jul 30, 2012 4:02 PM EDT
                                                                                Reply

                                                                                You gotta love the fact that they stay on message regardless of facts. CEOs don't have their positions because they are job creators - they have them because they are profit creators. Sometimes it works out for American workers, but if CEOs can get better results by using overseas labor, or paying lower wages, or otherwise generally decreasing their costs, that's what they'll do. It's called capitalism folks, and you can't have it both ways. And the first place they look to cut costs is the labor budget. If you don't believe it, listen to any company's investor/analyst quarterly calls. Companies often post them on their web sites. and none of the ones I've ever heard try to impress investors with how many jobs they've created. So spare us the simplistic malarkey - it's likely they're contributing to Romney because he wouldn't ever support the President's call to allow tax credits only to those companies who create jobs here.

                                                                                • 4 votes
                                                                                Reply#16 - Mon Jul 30, 2012 1:44 PM EDT

                                                                                obama is a huge hypocrite.......he vilifies the rich then goes to hollywood and sucks celebrity booty for money......obama is a liar, a distorter, and a divider.....he is poison to the future of our nation....ROMNEY IN NOVEMBER!!!

                                                                                • 16 votes
                                                                                Reply#17 - Mon Jul 30, 2012 1:44 PM EDT

                                                                                The irony of calling someone a divider is that you divide the people in the process. Saying the Republicans or the Democrats are trying to divide the country is nothing more than a tactic to divide the two parties yourself. So enough with the talking points, facts seem to go a lot farther.

                                                                                • 4 votes
                                                                                #17.1 - Mon Jul 30, 2012 2:33 PM EDT

                                                                                Jeff, the GOP and facts are like oil and water.

                                                                                McPaddytool, first off, ALL PRESIDENTS LIE, so tell us something we don;t know and secondly it is one thing to be against Obama (tons of Americans feel that way), it is another to be so pro Romney as far less Americans really think Mittens has a clue, and it just shows your immature blind faith. Or maybe you are part of the cult too........?

                                                                                  #17.2 - Mon Jul 30, 2012 3:54 PM EDT

                                                                                  That's why so many on the right apparently can't think. Asking rich people to pay at least the same tax rate as the middle class isn't based on hate but fairness. Since many of the richest Americans are liberals who are willing to pay more not based on hate or jealousy but fairness. 31% of Romneys income is taxed as carried interest at 15% like capital gains but is really a cut of profits from handling investors money and would be taxed as ordinary income in any other profession. Why is making people like Romney making 42 million a year pay the same rate an actor or athlete making that much unfair?

                                                                                    #17.3 - Mon Jul 30, 2012 4:14 PM EDT

                                                                                    Asking the rich to pay more isn't vilifying them. Rich liberals agree tax rates are too low on the class that has the most laws to protect themselves from paying anywhere near the top rate.

                                                                                      #17.4 - Mon Jul 30, 2012 7:11 PM EDT
                                                                                      Reply

                                                                                      .

                                                                                      • 1 vote
                                                                                      Reply#18 - Mon Jul 30, 2012 1:44 PM EDT

                                                                                      Maybe because since then, Obama has wanted to regulate Wall St. more so that another melt down does not happen on their rigged bets. Or the fact that he no longer wants to extend the Bush tax cuts to the millionaires, and these people would not get their welfare in the form of the lowest taxes in decades for the top earners. Romney just wants to help the rich get richer. That is his plan and he does not hide from it.

                                                                                      • 5 votes
                                                                                      #18.1 - Mon Jul 30, 2012 1:50 PM EDT

                                                                                      Isn't it amazing that the Democratic talking points changed from "tax cuts for the rich" to argue against keeping the cuts in place to it's only 2% of the population when they argue for eliminating them.

                                                                                      • 2 votes
                                                                                      #18.2 - Mon Jul 30, 2012 2:08 PM EDT

                                                                                      Do you REALLY consider anyone making $250,000 /year a MILLIONAIRE?

                                                                                      You're obviously an idiot that doesn't understand that, that is an income level typical of a successful small business owner...

                                                                                      That has employees...

                                                                                      That pays wages to support those employees, and their families, and contribute to the tax base that supports the 50% that pay NO taxes...

                                                                                      I USED to be one of them.

                                                                                      Successful contracting business, until the industry collapsed in '08.

                                                                                      I employed 8 individuals, paid them well , and it was gratifying to be able to help support my little piece of the "economy".

                                                                                      When things hit bottom, I continued to take jobs- BELOW COST- so that my guys that had been so loyal and hard working for me, could continue to keep a roof over their heads, and food in their families' mouths.

                                                                                      I made ZERO income for three years...while I gladly "gave back" to my men.

                                                                                      Finally, I could do it no longer. Toughest thing I ever did, laying off guys that had been like my family for seven years.

                                                                                      The ignorant left just doesn't understand WHERE their paychecks come from...I just can't understand ignorance at that level. Perhaps because I have a B.S. in Business Admin I take some basic knowledge of economic fundamentals for granted...but I don't think so.

                                                                                      There's just this incredible level of ignorance among many, that just honestly don't have a clue as to WHY they even have a paycheck- and how easy it is for it to go "poof"...

                                                                                      • 4 votes
                                                                                      #18.3 - Mon Jul 30, 2012 2:09 PM EDT

                                                                                      Too many believe the government should be the employer of last resort and the government can just print more money and all is well. They have no understanding of that apporach.

                                                                                      • 3 votes
                                                                                      #18.4 - Mon Jul 30, 2012 2:14 PM EDT

                                                                                      Exactly.
                                                                                      The Government CONSUMES, it does not produce.

                                                                                      The difference is as stark as black and white.

                                                                                      Without tax revenue (consumption), government could not exist.

                                                                                      I get so sick and tired of spending money we don't have being referred to as "investment".

                                                                                      It's SPENDING....Mr. Krugman....

                                                                                      • 5 votes
                                                                                      #18.5 - Mon Jul 30, 2012 2:19 PM EDT

                                                                                      Using the 250K number is meaningless. At 250K you'd not pay 1 penny more and even at 300K it'd be a tiny increase as only that over 250K would pay more. Trying to use the bottom number to make more people nervous when clearly it's people like Romney that would pay the bulk of any tax increase.

                                                                                        #18.6 - Mon Jul 30, 2012 4:19 PM EDT

                                                                                        Romney's plan would cut social program spending by 120 billion a year but increase military spending by 260 billion. Since he intends to cut his and those in his tax brackets taxes who do you think will pay for our expanded military?

                                                                                          #18.7 - Mon Jul 30, 2012 4:22 PM EDT

                                                                                          Mike: You're business collapses during 2008 when Bush was president and you blame Obama and liberals? Most people when their business collapses after 8 years under a republican president would be angry at Bush. The right accuses liberals of blaming Bush for everything bad but republicans blame Obama because they figure just the thought he might win was what destroyed the economy.

                                                                                            #18.8 - Mon Jul 30, 2012 4:31 PM EDT
                                                                                            Reply

                                                                                            Any CEO that would contribute to Obamas campaign, is either an Idiot, not deserving of their position, or heads a company that depends almost totally on Government grants or contracts ! This nephyte turned down the Canidian oil yet, now that Canadia and China are nearing an agreement, can't undertstand WHY! His two idiot counterparts, also against the Keystone Pipeline, Schumer and Pelosi are now trying to tell Canadia what to do with their own Natural Resources !

                                                                                            We lost hundreds of thousands of dollars in refining fees and tens of thousands of American jobs, many of them permanent jobs! These morons couldn't even run a lemonaid stand!

                                                                                            • 11 votes
                                                                                            Reply#19 - Mon Jul 30, 2012 1:45 PM EDT

                                                                                            The question before everyone is which candidate will help ME the best?
                                                                                            Vote Libertarian ..The party that favors no one in particular. Fair Play is the best policy.

                                                                                            • 6 votes
                                                                                            #19.1 - Mon Jul 30, 2012 1:48 PM EDT

                                                                                            It is a shame they cannot win.

                                                                                            • 4 votes
                                                                                            #19.2 - Mon Jul 30, 2012 2:10 PM EDT

                                                                                            They could if people would wake up and realize we need to dump both GOP and Democrats before it's too late.

                                                                                              #19.3 - Mon Jul 30, 2012 3:37 PM EDT

                                                                                              You really need to do some research on your own instead of just listening to someone. Those numbers you boast are not even close to accurate. And if you live in the upper midwest, heck your price of gas will even go up. Hell of a deal huh?

                                                                                                #19.4 - Mon Jul 30, 2012 4:20 PM EDT

                                                                                                Obama rejected the Canadian pipeline because republicans forced a vote with a 60 day time limit even though they knew affected states wanted more environmental review of the area's affected. A purely political play by republicans to give them ammunition to use against Obama. But you know that you're just spewing the party line.

                                                                                                • 1 vote
                                                                                                #19.5 - Mon Jul 30, 2012 4:27 PM EDT
                                                                                                Reply

                                                                                                Liberals are already setting up excuses for O-bull$hit's loss in November ! Blame it on big corporation money !

                                                                                                How about this one - as a President, OBAMA SUCKS !!!!

                                                                                                • 10 votes
                                                                                                Reply#20 - Mon Jul 30, 2012 1:47 PM EDT

                                                                                                totally sucks!!!

                                                                                                • 4 votes
                                                                                                #20.1 - Mon Jul 30, 2012 2:05 PM EDT

                                                                                                and the alternative? Romney?

                                                                                                What the heck does he even stand for?

                                                                                                • 2 votes
                                                                                                #20.2 - Mon Jul 30, 2012 4:15 PM EDT
                                                                                                Reply

                                                                                                Once again MSLSD wants to talk about anything but the 16 trillion dollars deficit (about 7 trillion is Obama's)

                                                                                                enonomy that's barely growing, 8.2% unemployment, record amount of people on food stamps and welfare,

                                                                                                less protected borders. Obama is a giant failure as a leader. Obama and Jimmy Carter the perfect example of big government incompetence. Obama lovers face the facts. HE is a FAILURE!

                                                                                                • 12 votes
                                                                                                Reply#21 - Mon Jul 30, 2012 1:47 PM EDT

                                                                                                Sorry George - we are still remembering the failure your two namesakes were, and we are still trying to get over the last one.

                                                                                                • 8 votes
                                                                                                #21.1 - Mon Jul 30, 2012 1:50 PM EDT

                                                                                                Union Baby: How do you know who George was named for? Could have been the OTHER great president named George - George Washington.

                                                                                                • 3 votes
                                                                                                #21.2 - Mon Jul 30, 2012 1:53 PM EDT

                                                                                                1 it's NBC News... key word News.

                                                                                                2 The Republicans who control the house have utterly failed to present a jobs or budget that even makes the attempt at bipartisanship.

                                                                                                3 Either you want a big government or a small government, which is it? because last i checked ramping up border security is the action of a big government.

                                                                                                • 8 votes
                                                                                                #21.3 - Mon Jul 30, 2012 1:55 PM EDT

                                                                                                Sorry Union Baby

                                                                                                Look at your Dem. friend Barney Frank and Fannie Mae. He was a major factor, maybe THE major factor, in the financial collapse. Maybe if Obama spent more of the almost trillion dollars of stimulus on job shere in the USA instead of Finland, Mexico and China and spent less on energy companies (that were major campaign donors) we'd be in better shape

                                                                                                • 6 votes
                                                                                                #21.4 - Mon Jul 30, 2012 2:05 PM EDT

                                                                                                hey union baby?....quit crying about bush.....pathetic beyond belief but totally in line with the lib disregard for personal responsibility and accountability....

                                                                                                • 7 votes
                                                                                                #21.5 - Mon Jul 30, 2012 2:07 PM EDT

                                                                                                @James

                                                                                                Number 3 is often something I argue also, when I talk to others. As a woman, I find it particularly insulting that the 'less government' crowd is however very interested about what happens in my body organs - especially the uterus - and at that point it becomes its business and function to manage my own body the way it sees fit, regardless of what I think. That action is what 'nanny state' or big governments do. So which is it?

                                                                                                • 5 votes
                                                                                                #21.6 - Mon Jul 30, 2012 2:07 PM EDT

                                                                                                James get a few facts straight. The Republicans in the House have passed many budgets and job bills. Harry Reid, the Dem in the Senate won't allow the bills to even be voted on. God, you're a leftist, liberal drone.

                                                                                                • 8 votes
                                                                                                #21.7 - Mon Jul 30, 2012 2:17 PM EDT

                                                                                                He's got Wasserman the Idiot's talking points on a cut and paste word document...

                                                                                                I don't know which one is more abhorrent- her, or Pelosi...

                                                                                                • 4 votes
                                                                                                #21.8 - Mon Jul 30, 2012 2:22 PM EDT

                                                                                                I am all for less government meaning get out of everything other than security and I could care less about your uterus. I do care about your brain. I wonder how it became twisted to that point of view.

                                                                                                • 2 votes
                                                                                                #21.9 - Mon Jul 30, 2012 2:28 PM EDT

                                                                                                George....... 7 trillion on Obama? Now I know you rwnj's are just pulling numbers out of your asses. Congrats..... oh and please provide the biased, manipulated, cooked up Fox analysis that led you to this pasture of knowledge.

                                                                                                Just like Romney, you'll say anything to pretend you're smart.

                                                                                                • 2 votes
                                                                                                #21.10 - Mon Jul 30, 2012 3:17 PM EDT

                                                                                                La Dolce - I could care less what you do with your body organs, I just don't think I should have to pay for your choices.

                                                                                                • 1 vote
                                                                                                #21.11 - Mon Jul 30, 2012 3:33 PM EDT

                                                                                                george-749102

                                                                                                I really didnt think someone could be as ignorant as you appear to be. You posts match Fox News but not the truth. How does it feel to get lied to by your "GOP friends". They are out for you, actually your money. They could careless about you.

                                                                                                  #21.12 - Mon Jul 30, 2012 4:34 PM EDT

                                                                                                  Despite the fact Bush dumped over 5 million people on welfare, food stamp and medicaid roles at the end of his presidency you'll be sad to learn Bush was the food stamp president. Food stamp recipients are declining rapidly under Obama.

                                                                                                  We asked the U.S. Department of Agriculture's Food and Nutrition service for month-by-month figures going back to January 2001. And they show that under President George W. Bush the number of recipients rose by nearly 14.7 million. Nothing before comes close to that.

                                                                                                  And under Obama, the increase so far has been 14.2 million. To be exact, the program has so far grown by 444,574 fewer recipients during Obama's time in office than during Bush's.

                                                                                                  It's possible that when the figures for January 2012 are available they will show that the gain under Obama has matched or exceeded the gain under Bush. But not if the short-term trend continues. The number getting food stamps declined by 43,528 in October. And the economy has improved since then.

                                                                                                  Update, Feb. 5: RevisedUSDA datareleased in February showed the downward trend continued for a second straight month in November, when the number of persons getting food stamps was 134,418 fewer than it had been at the peak.

                                                                                                    #21.13 - Mon Jul 30, 2012 4:35 PM EDT
                                                                                                    Reply

                                                                                                    vinyl,

                                                                                                    I see you have a way wrong idea of what a corporation is. It isn't normally owned by its CEO. It isn't owned by its Board. It's owned primarily by individuals like you and I. It isn't some evil thing trying to break into your house. It is primarily a group of people that are betting that the company will do well and its stock will climb in value. The job of a CEO is primarily to get that company to grow and create profits for the stockholder and people that operate the company. If that's something bad in your mind, then you and your mind might ought to consider moving to Cuba or Venezuela or....anywhere else. When you think about it, the support of the CEO's says overwhelmingly that these smart guys don't think BOZO is cutting it and won't do anything good in the future.

                                                                                                    • 7 votes
                                                                                                    Reply#22 - Mon Jul 30, 2012 1:50 PM EDT

                                                                                                    i agree with you saint..but explaining reality to a lib is like pissing into the wind.......

                                                                                                    • 6 votes
                                                                                                    #22.1 - Mon Jul 30, 2012 2:07 PM EDT

                                                                                                    That is not what they are saying. They are saying is that the company may be more profitable under the Republican Party, or possibly that their compensation will be greater (bonuses, stock grants, anyone?) That does not mean that you as an employee will be better off.

                                                                                                    When they outsource your job to India or China, the company saves money. When they cut benefits, or lower your salary, the company saves money. When the executives get extra stock options they make more money (and the other shareholders' portion of the company is diluted.) When they cut dividends, there is more cash to pay to the executives

                                                                                                    Do not think that CEOs have the employees' best interests at heart. They have their best interest in mind.

                                                                                                    And corporations are not democracies.

                                                                                                    • 5 votes
                                                                                                    #22.2 - Mon Jul 30, 2012 2:49 PM EDT

                                                                                                    Sometimes I wonder where liberals think their pension and 401-k money is invested. It must be invested in air the way they constantly vilify the companies they work for that make money to provide those pensions and the 401-k match. If we did what the liberal lapdogs want us to do, no one would have anything because they would run out of money with which to pay out welfare checks. Then where would we be?

                                                                                                    Margaret Thatcher is my hero because she understood that eventually you run out of other peoples' money to spend. Then you have to pay the piper but have nothing with which to pay.

                                                                                                    Why don't you liberals all take a long, hard look at the PIIGS countries and then come back and tell all of us how great government welfare plans and the government as the sole employer is?

                                                                                                    • 4 votes
                                                                                                    #22.3 - Mon Jul 30, 2012 3:00 PM EDT

                                                                                                    Bob,

                                                                                                    Prior to the re-emergence of the Robber Barons, union workers had pensions. In those days, business owners had a vested interest in treating their workers well. The 401(k) is just one more example of the YOYO (you're on your own) agenda of the ultra-wealthy "job creators" who now own our government. It's just another way for the wealthy to fleece the workers.

                                                                                                    It's interesting that you invoke Margaret Thatcher, former Prime Minister of a country with universal healthcare. Oh, wait! That's an entitlement!

                                                                                                    The PIIGS countries are screwed because they got suckered into the fraudulent dirivitives market with everyone else. Now the Germany banksters are forcing austerity on them, which history tells us is certain to make things worse rather than better.

                                                                                                    BTW - Greece has a long history of tax evasion and should never have been admitted to the European Union, but the fruadsters at Goldman Sachs helped them cook their books.

                                                                                                    • 4 votes
                                                                                                    #22.4 - Mon Jul 30, 2012 3:22 PM EDT

                                                                                                    Leslie,

                                                                                                    You are absolutely correct. But, your point does not conflict with Saint's...

                                                                                                    First thing I learned in Economics 101...Corporations EXIST solely for the benefit of the shareholders.

                                                                                                    That's Capitalism....

                                                                                                    What you're not understanding is that the current "environment" for business under this Administration- this class warfare, demonize the successful rhetoric...increasing regulations ($$$), on top of the what is already the HIGHEST corporate tax in the world...is FORCING corporate America to make decisions to outsource labor/materials to remain competitive....

                                                                                                    And, when a President believes- and gets his sheeple to follow- that $250,000 is some kind of millionaire status- we are doomed.

                                                                                                    These are the small business owners- tax them further and it will DIRECTLY affect job creation. PERIOD.

                                                                                                    Mr. Obama has already spent an UNPRECEDENTED amount of time fundraising this year instead of governing. He should be fired tomorrow...

                                                                                                      #22.5 - Mon Jul 30, 2012 4:31 PM EDT

                                                                                                      The only thing it means is someone making 50 million a year would rather have a president that proposes lowering the top rate from 35% to 25% than one that wants to raise their taxes. If you truly believe any CEO's motive is concern for the economy and not self enrichment you're deluded.

                                                                                                      Mike: Someone making 250K wouldn't pay any more under Obama only those like Romney making a lot more would feel the any real pain.

                                                                                                      • 1 vote
                                                                                                      #22.6 - Mon Jul 30, 2012 4:43 PM EDT

                                                                                                      Name one corporation that actually payed that corporate tax rate. WE ARE NOT STUPID. You might be but we are not. If anyone believes you then they are just as dumb as you are. What did GE pay just to name one of the millions more. I did hear the same thing on Fox but guess what a little research will bring into your thought process, some truth. I know what I hear on Fox is usually far from the truth.

                                                                                                        #22.7 - Mon Jul 30, 2012 4:46 PM EDT

                                                                                                        The average corporation pays an 18% rate. The argument against high corporate rates of 35% makes as much sense as Romney complaining of the top rate for individuals being 35% when he pays 14.5% on the return he was willing to show. His rate on years he didn't show are probably less than 5% but even that's too much. Only little people should pay taxes.

                                                                                                        • 1 vote
                                                                                                        #22.8 - Mon Jul 30, 2012 4:56 PM EDT
                                                                                                        Reply

                                                                                                        A review conducted by NBC news? That really qualifies the data. Anyway, would this says a lot about what corporations think of Obama. They are the key to put more people back to work, and putting their money on Romney only supports the fact that he would free up the corporations to grow.

                                                                                                        • 5 votes
                                                                                                        Reply#23 - Mon Jul 30, 2012 1:50 PM EDT

                                                                                                        fedupwthisite We have a service based economy in this country. Until the manufacturing jobs outnumber the service based jobs we will always suffer. Tell me what are Rmoneys plans to bring manufacturing jobs back to America? One more thing if your fed up with this site than why are you here?

                                                                                                        • 4 votes
                                                                                                        #23.1 - Mon Jul 30, 2012 2:08 PM EDT

                                                                                                        fedup - American companies are already free to create jobs here in America. They just choose to create them elsewhere because all of the protections for American jobs have been eliminated. CEOs are dumping money on Romney because they expect a better return on their investment with Mr. Outsourcer that they do with Obama. It's a simple financial calculation. Their support goes to the candidate they think is most likely to dance to their tune, handing them even more tax breaks and eliminating the few remaining barriers to total corporate ownership of the entire world.

                                                                                                        • 4 votes
                                                                                                        #23.2 - Mon Jul 30, 2012 3:36 PM EDT

                                                                                                        Smitty - Lowering the tax rate makes manufacturing more viable in the US. Preventing unnessary regulation is good for manufacturing. Plentiful and inexpensive energy supports manufacturing. Romney supports these.

                                                                                                        What other plans did you have in mind?

                                                                                                        • 1 vote
                                                                                                        #23.3 - Mon Jul 30, 2012 3:37 PM EDT

                                                                                                        Roger-396420

                                                                                                        Smitty - Lowering the tax rate makes manufacturing more viable in the US. Preventing unnessary regulation is good for manufacturing. Plentiful and inexpensive energy supports manufacturing. Romney supports these.

                                                                                                        What other plans did you have in mind?

                                                                                                        How much lower would you like the tax rates to go in this country? After all, we are seriously in debt. So you want to raid our current (all-time low) revenue stream to allow the wealthy elite the opportunity to fulfill their appointed "destiny" of creating jobs? I see, ok...... got it.

                                                                                                        Not sure what kind of regulation you're referring to regarding manufacturing, but I'll assume it is a blanket statement buzzword designed to scare independents into your camp. Congrats..... you're now a yellow belt neo-con.

                                                                                                        • 2 votes
                                                                                                        #23.4 - Mon Jul 30, 2012 3:57 PM EDT

                                                                                                        31% of Romneys income is taxed at 15% as carried interest. Carried interest is a special exemption for hedge fund and venture capitalists that taxes the 20% of profits they get for every dollar of profits they make investing other peoples money. Capital gains is supposed to be low because of risk but carried interest has zero risk. This is fresh income and would be taxed at 35% for any other profession but you sheep think Romney pays too much. Strange.

                                                                                                          #23.5 - Mon Jul 30, 2012 4:51 PM EDT

                                                                                                          roger Same old republican line. Thats not going to do it. The Senate republican also said keeping the bush tax cuts would bring back jobs. Where are the JOBS?

                                                                                                            #23.6 - Mon Jul 30, 2012 9:17 PM EDT
                                                                                                            Reply

                                                                                                            I'm almost (ALMOST) to the point where I actually hope Romney wins. Because this country learned nothing from 8 years of Bush/Cheney. Romney would certainly reflect the overall attitude of this county: don't worry folks, I can fix everything (because I say so). You won't have to sacrifice a thing, no more taxes, no need to cut the military, jobs will just come falling from the sky. Just sit back and let Mitt take care of it. You'll all be rich just like me!

                                                                                                            Careful what you wish for, people...

                                                                                                            • 11 votes
                                                                                                            Reply#24 - Mon Jul 30, 2012 1:50 PM EDT

                                                                                                            If they didn't learn anything from Bush, they won't learn from Romney. They have a short memory on every event because most Americans watch foxnews or another form or right-wing propaganda. You mix that w/ ignorance and these people actually believe W was a good president and that Obama is a marxist socialist from Kenya.

                                                                                                            • 6 votes
                                                                                                            #24.1 - Mon Jul 30, 2012 1:56 PM EDT

                                                                                                            I don't think Bush was the ideal conservative. However, I think you should look at the financial market destruction and what caused it. One of the things, and there wasn't enough of them, Bush did was try to investigate Fannie Mae. Barney Frank, a dem, was one of the major reasons the financial/real estate market collapsed. He and other dems, called Bush a racist, and blocked the investigation.

                                                                                                            • 2 votes
                                                                                                            #24.2 - Mon Jul 30, 2012 1:58 PM EDT

                                                                                                            Bush did was try to investigate Fannie Mae. Barney Frank, a dem, was one of the major reasons the financial/real estate market collapsed.

                                                                                                            Literal insanity from the Right. The GOP totally controlled Congress and yet they were to weak to deal with Frank and Fannie? What a joke.

                                                                                                            Go to YouTube and type in "Bush on housing". He pushed harder than anyone. There was no one telling anyone NOT to take a loan and buy a house. It was the American dream after all and every one was getting rich, even the homeowners (so they thought).

                                                                                                            I absolutely defy any of you to show a specific case where any bank was forced to make loans. I spent hours researching this one night. What a waste of time. Everything was driven by profit. And plenty of that was made.

                                                                                                            And of course you also neglect that nearly every lender was handing out loans to anyone whether or not they understood the terms. They needed the paper for the bond market. Huge profits were made on that literal garbage. And of course you also leave out the credit agencies who did the alchemy. Turning trash paper into gold.

                                                                                                            One man did not control Fannie Mae, it was too massive. Frank was just like every one else. He never saw the collapse coming and only a very few did. By '05 the housing collapse was inevitable. No one was going to stop it. The market (including Fannie Mae) was predicated on continual growth of at least 5%. It was foolish but that's what all the big boys believed.

                                                                                                            So foolish to blame Frank and ACORN and the CRA (which was extraordinarily toothless legislation) and exonerate the private sector. But that is what the Right continually does. It is a flawed Limbaughesque argument.

                                                                                                            • 2 votes
                                                                                                            #24.3 - Mon Jul 30, 2012 3:31 PM EDT

                                                                                                            DVNYC

                                                                                                            I'm almost (ALMOST) to the point where I actually hope Romney wins. Because this country learned nothing from 8 years of Bush/Cheney. Romney would certainly reflect the overall attitude of this county: don't worry folks, I can fix everything (because I say so). You won't have to sacrifice a thing, no more taxes, no need to cut the military, jobs will just come falling from the sky. Just sit back and let Mitt take care of it. You'll all be rich just like me!

                                                                                                            Careful what you wish for, people...

                                                                                                            Ya know, I thought this way as well for a minute the other day. It's like..... once the ice caps melt I can point my finger in all those brain washed idiots faces and say, "look how fu*king wrong you were, ass-hat".

                                                                                                            But in this case, how many of those brainwahed turds do you think will say,"it's all Obama's fault, remember he said it was all Bush's fault..... now it's our turn. You're all hypocrites." Puke.

                                                                                                            You're right though, there is an eerie number of people in this nation that simply refuse the obvious. They spoon up the salted crap that FOX craps out as common fact and won't open their minds if paid a million dollars.

                                                                                                            Here's a snippet of their logic:

                                                                                                            Of course big business (read: CEO's/Corporations) support Mitt Romney. Duh! He's a good businessman, and therefore he will be good for business in general. And the economy.

                                                                                                            But turn your head to the realization that businesses have been made profitable (1980->) on the backs of the middle class. i.e. -> outsourcing, tax manipulation, pollution, benefit constrictions, union concessions, investment fraud, backroom dealings, lobbying, etc...... the list goes on. Mostly thanks to DEREGULATION mind you.

                                                                                                            But let's vote for Mitt and the end of the EPA and the DOE. Completely unneeded. LOL

                                                                                                              #24.4 - Mon Jul 30, 2012 4:11 PM EDT

                                                                                                              George: Nonsense. Trying to blame anyone but the president when things don't work you'd never allow such a defense for Obama. One congressman can't enact anything and no bill can get past a presidential veto. Remember the saying the buck stops here? A party can block bills from ever getting to a president to sign but they can't force him to sign them.

                                                                                                                #24.5 - Mon Jul 30, 2012 5:04 PM EDT

                                                                                                                no bill can get past a presidential veto.

                                                                                                                Actually, if a bill is vetoed it goes back to congress. If they pass the bill again with a supermajority(2/3rds) then the veto is overridden.

                                                                                                                • 1 vote
                                                                                                                #24.6 - Mon Jul 30, 2012 5:37 PM EDT

                                                                                                                I know how a veto works. A 2/3 supermajority is nearly impossible. A veto is a death sentence and no bills sponsored by Barney Franks was passed by supermajority they were signed by Bush. Individual congressmen have 1 vote only a president can veto a bill requiring a supermajority.

                                                                                                                  #24.7 - Mon Jul 30, 2012 7:18 PM EDT
                                                                                                                  Reply

                                                                                                                  They know Mr. Obama is unable to get this ship turned around. One term and out for this administration of misfits.

                                                                                                                  • 14 votes
                                                                                                                  Reply#25 - Mon Jul 30, 2012 1:51 PM EDT

                                                                                                                  Your truth sucks quite honestly. George Bush and his cronies dug this hole for 8 long arduous years, embroiled us in two wars. Four years to turn the Titanic, built by Republicans, around is totally unfair when you have the Republicans declare war on you BEFORE you take office. The CEO's of this country declared war when they ruined this economy, sent jobs overseas, and thought only of lining their pockets. Wake and smell what you are shoveling along with the other idiots supporting Romney. If CEO's are supporting him then blue collar and small business better wake up. Money supporting money for more money. This is a Republican recession from A to Z.

                                                                                                                  • 7 votes
                                                                                                                  #25.1 - Mon Jul 30, 2012 3:36 PM EDT

                                                                                                                  @YourTruth2U - I think you may be right.

                                                                                                                  @Geriatric - The truth does suck. GWB absolutely CAUSED this problem. Anyone that denies that is a fool. Can Obama (given this exact situation fix it), no. He needs a democratic house and senate to do anything. Would Romney fix it, absolutely not. He'd gut tax revenues, kill off services, and definately make sure that the ultra rich were all set when it comes to tax. I would be he'd even leave legal loopholes for offshore money storage. At least Obama is trying. But, these days I guess we all just gotta keep our heads down and try not to read so much news because it's all depressing lol.

                                                                                                                  • 2 votes
                                                                                                                  #25.2 - Mon Jul 30, 2012 3:52 PM EDT

                                                                                                                  I'm denying it. Bush was at the helm when it happened, but he didn't cause it. Legislation under Carter gave the govt power to force banks to abdicate good risk management and give loans to bad risks. Dodd and Frank protected Fannie and Freddie from oversight while the two of them bought up all the bad loans. Then legislation under Clinton allowed Fannie and Freddie to package the junk loans and sell them to our 401Ks. One big Liberal wealth redistribution scam to buy votes... so far Fannie and Freddie have needed $200 Billion (that, unli