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DENVER – Mitt Romney used his final scheduled public appearance before Wednesday's first presidential debate to dismiss the expectations game played by both campaigns in recent weeks and to rally supporters with retooled economic rhetoric geared towards middle class voters.
"People want to know who’s going to win," Romney said of the debate at the nearby University of Denver. "Who’s going to score the punches and who’s going to make the biggest difference in the arguments they make."
"There’s going to be all the scoring of winning and losing, and you know, in my view, it’s not so much winning and losing or even the people themselves — the president and myself — it’s about something bigger than that," Romney continued, dismissing the parlor game of expectations-setting that has defined much of the political discourse in recent days.
In his own form of spin, Romney said he was "delighted" about the chance to debate President Obama three times in the next month and declared that the debates, taken in sum, would "be conversation with the American people that will span almost an entire month."
Before a raucous crowd of more than 5,000 supporters, Romney infused his economic talking points with a middle-class focus that perhaps spoke to the recent debate prep designed to refine his message to best appeal to undecided voters.
"Income is down some $ 4,300 dollars a family and with a median income of about $50,000 dollars that means things are really tough for the American people," Romney said. "The middle class squeeze has been unbearable. Gasoline prices way up; food prices up; electricity prices up; health insurance prices up. The American middle class is struggling under this president."
In interviews before the event, Colorado supporters uniformly told NBC News that if Romney needed to show more of a personal understanding of middle class life on Wednesday if he wanted to siphon support from the president
"I really think that Mitt needs to be more personal with the American people," said Renee Salza, a Realtor and Republican who is supporting Romney. "I think a lot of people feel he's somewhat aloof and disconnected from everyday Americans."
Romney, who referenced Colorado's defense community at NORAD and the Air Force Academy, was also joined by a state icon of a different sort, NFL Hall of Fame quarterback John Elway, who endorsed Romney in a brief on-stage appearance.
“I must say today has been a very good day, not only because of what happened yesterday," Elway said, referencing the Broncos' thrashing of rival Oakland yesterday, "because I get the opportunity to introduce to you the next president of the United States, Governor Mitt Romney.”
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Not once, I repeat, not once in history has trickle up policies saved any economy. Why? The middle class has no money and government are in horrible debt. This will get worse with companies and jobs running to China escaping the highest corporate tax rate on the planet, the Roman Legion EPA, Unions, and abave all, Obama care.
Trickle up has added a measly $1 Trillion to the GDP in four years. That will barely cover the stimulus, it will not cover the deficit. A debt headed north of $16 Trillion, and a net job loss of 292,000 right now. Job claims negate job gains and translate to a net jobs loss. That is why you see the un-employment head north while Obama says the opposite.
Tricke down are policies championed by JFK. And have pulled us out every down-turn. Bush added over $5 Trillion to the GDP, and ended up with a million net jobs gain even after the losses in 2008. Reagan doubled the GDP and added 21 Million jobs. Both did itwith out a DOT COM boom like Clinton did.
Innovation and jobs are driven by private investors who are willing to risk their money. No rich person just sits on their money, they invest it.
Get more more out there, more jobs and innovation will come. The Goverment can not do this. Why? The Government is not a revenue generator, it is the opposite. It depletes tax coffers. The only way to replenish is with the Private Sector,
The %1 and Corporate America are not the problem, they are the answer!
Only one canidate knows this.
JFK would have never been allowed to run for president as a democrat today.
True Tammy, they would assinate him in the media.
He came from a rich successful family.
The liberal media punishes people like that now.
Giving the rich more money over the last decade did nothing to help the economy. And from a common sense perspective, giving a rich man (say Mitt Romney) another 500,000 isn't going to compel him to start another business or spend it all on consumer goods. He'll invest in stocks or real estate that does little to improve the economy. Nor would have reducing personal income taxes made one bit of difference to a Bill Gates or Steve Jobs.
But republicans claim that it would, all evidence and experience to the contrary.
Pubis...
You are a true Koolaid salesman.
Trckle up made the Ford Motor company. Rethink your ideologue stance and realize that theories are geat for classroms and don't survive the real world as under GOP/Bush 2000-2007.
p>
Obama had control of the congress, and even a $867,000 Billion stimulus filled with his "Tickle up" policies where he promised us a %5.5 unemployment, a green economy with five million jobs, and a cut in the deficit by half. What did we get? A measly $1 trillion added to the GDP in four years. That will barely cover the stimulus, it will not cover the deficit. Cities from San Jose to Providence and 30 States are broke.
Obama Trickle up policies have translated to a huge failure and losses.
• 23 million Americans are out of work, have stopped looking for work, or are underemployed
• $16 trillion national debt (that's $50,000 for every American)
• 43 straight months of 8% or higher unemployment
• 4 straight trillion dollar budget deficits in a row -- more than any other president combined
More trickle up failues:
18.9% unemployment for Blacks
9.1% for woman,
685,000 woman lost their job and health insurance(who cares about FREE birth control when you do not have health insurance)
The poverty rate for woman has gone up to 14.2% from 7.6%
We have 6 million fewer jobs than 3.5 years ago
3.6 million Residential foreclosures
2.6 million Commercial foreclosures
Over 3.8 million business have gone out of business
38,000 US products moved offshore for manufacturing
The lowest number of patents in 35 years
The highest number of people receiving food stamps in 30 years
A 26% decrease in the value of the dollar
The fewest new prescription drugs in 25 years, 308 prescription drugs in short supply (as of 6/1/11)
Housing values drop 33%
It gets worse:
FOOD STAMPS
Obama – 46.2 million : Before Obama – 28.2 million
CREDIT RATING
Before Obama AAA - Obama AA+
GAS PRICES
Before Obama - $1.65 a gallon (End of term) : Obama - $3.80 a gallon (Current)
(Source: )
UNEMPLOYMENT
Bush - 4.71% (Average) : Obama - 9.4% (Average) – 8.1% Current
( Source: www.bls.gov )
NATIONAL DEBT
Bush – Increased 4 trillion (8 Years) : Obama – Will increase 18 trillion (8 years, according to OBAMAS budget)
(Source: www.treasurydirect.gov )
DEFICIT
Bush - $0.5 Trillion per year : Obama - $1.8 Trillion per year
(Source: www.federalbudget.com)
JOBS
Bush – GAINED 3 million jobs over 8 years : Obama - LOST 6 MILLION JOBS IN 3 YEARS
INFLATION:
Bush +0.1% (End of Term) : Obama +3.6% (Current)
(Source: www.usinflationcalculator.com )
Obama $867 Billion stimulus filled with "trickle up" policies failed in first four years, what makes anyone think that the next four years will be any different with out it?
Pubby, nice long speech. I'm sure that Mitt will give nice long explanations of his cogitative dissonance, but what about Ford, your theory and the Bush Depression? Not the GOP's fault? If not I question your understanding of responsibility.
Further, The control of the Senate takes 61 Votes except if the Pres pro temp is sitting, then 60 votes suffice. How's your math?
What incoherent yammer. If there is a fact you wish to dispute, then by all means, dispute it. I challenge you.
Trickle down only works for the ones doing the trickling. I'm tired of being trickled on. The real "job creators" are the ones who buy the goods that are made and pay for the services that are sold. The ultra wealthy comprise only a small part of our poplutation. The vast middle class is the true engine of our economy. By starving it through decades of trickling our economy has suffered.
BTW Pube: the downgrade in our credit rating was laid squarely at the feet of the intrangigent Republicans. It was NOT, as you claim, the fault of Obama. It was the fault of Republicans. I wonder how many of your other "facts" fail when compared with reality.
"JFK would have never been allowed to run for president as a democrat today."
How can the Middle class be the "true engine" of the economy IF THEY ARE UN-EMPLOYED NUBSKULL.
Building a few roads with contracts to the lowest bidder using illegal Mexican labor is not an engine of anything. Or having the goverment invest in fool-hardy technologies that do not work.
Take some economics. The Governments is not a revenue generator. It works the opposite. It depletes government coffers with constant spending. The only way to replenish tax coffers is private sector investment.
Success , the %1, and Corporate America are not the problem, they are the answer.
Only one canidate knows this.
Tammy-311614 .......you said:
You are mistaken. John Kerry is from a wealthy family. Al Gore is also.
All wealthy individuals are not the same. Some have a sense of responsibility while others a sense of entitlement. We all know which are which. But, we don't expect you to admit it.
John Kennedy would campaign and vote for President Obama. They are kindred spirits. That's why virtually the entire Kennedy clan is supporting his re-election.
Publius *.......
You seem mostly unable to respond to the comments of others without resort to inane insults. Some of us wondered why that is.
Here's a quick sample:
But, the following statement of yours reveals the answer:
No facts from Publius ... just ideology. Pretending the govt is not part of the economy is just silly.
Companies do not hire people if there is no demand, regardless of how many tax cuts you give them. Demand is based on consumer buying goods and services.
You are an idiot. Take some economics as well as history. Companies that are a start-up, or in trouble, get venture captital to fund them until they run a profit and pay back the investor in dividends. Can you guess who funded these companies until they became successful? Take a guess.
It is called risk and reward that has served our country well for 200 hundred years. And the best part? They did not have to ding the tax payer for $50 Billion and then run to China.
AMC Entertainment
Home Depot/
Aspen Education Group
Brookstone
Burger King
Burlington Coat Factory
Clear Channel Communications
Domino's Pizza
DoubleClick
Dunkin' Donuts
D&M Holdings
Guitar Center
Hospital Corporation of America (HCA)
Sealy
The Sports Authority
Staples
Toys "R" Us
Warner Music Group
The Weather Channel
Take guess, who funded these companies?
Publius *.........you said:
What does it matter? Do you think everyone involved in business operations or even start-ups are characters qualified to be President of the United States? If so, run the following search in Google advanced:
(business controlled OR dominated OR started "organized crime")
You might have your burden of naivete lifted.
Please have your fellow Romney submit his resume to the next Obama administration. He MIGHT be considered for Sec. of Commerce or possibly a position within the Small Business Administration. Perhaps he could even find a home at the IRS.....within their enforcement division.
The president will have romney boxed in before the first half hour. Then we get to watch romney try to BS his way through the next 60 minutes.
Really "Boxed in"? Is that like "Manufactured Outrage", "Man made disasters", and "Spontaneous Riots"?
Pub, that is Romney trying to explain how he takes credit for the Auto bailout he opposed and how the health plan he designed is not worthy for the country.
It was Bush who placed the first $13.4 Billion GM bail-out funds into a working escrow. Their was an addtional $22 Billion from private investors ready to go. The UAW killed it because it meant non-unionizing most of the GM to retain a profit per vehicle.
What did Obama do? The Obama administration handed GM only $6.7 billion as a pure loan. (It asked for only a 7 percent interest rate—a very sweet deal considering that GM bonds at that time were trading below junk level.) The vast bulk of the bailout money was transferred to GM through the purchase of 60.8 percent equity stake in the company—arguably an even worse deal for taxpayers than the loan, given that the equity position requires them to bear the risk of the investment without any guaranteed return. (The Canadian government likewise gave GM $1.4 billion as a pure loan, and another $8.1 billion for an 11.7 percent equity stake. The U.S. and Canadian government together own 72.5 percent of the company.)
Who owns General Motors, and by how much?
60% is owned by the Government
17.5% is owned by voluntary employees' beneficiary association (VEBA), which is supervised by an independent board
11.7% is owned by the Canadian/Ontario governments
10% is owned by the Motor Liquidations Company (MLC) , or commonly known as, the old GM
There are three different piles of money General Motors owes the U.S. treasury:
1. $6.7 billion pure loan. That first payment was made in late December or mid-December of about $1 billion. There is $5.7 billion of that debt remaining outstanding.
2. preferred shares – $2.1 billion worth of preferred shares that pay dividends and can be sold anytime. This is owned by governments and the UAW VEBA.
3. 60.8% of common stock
Whitacre said that GM was also going to pay back the $1.2 billion they owned the Canadian/Ontario government.
So, where will they get the money?
General Motors currently has $13.4 billion dollars in a restricted cash account, known as a Debtor-in-possession (DIP), which means that the company has to get approval from the UST for utilizing that money. GM has paid down some debt, including repayment of $4 billion to pay the German government and for their first debt repayment. Once the $5.7 billion to the United States and $1.2 billion debt to Canada/Ontario is paid off the rest of that cash becomes unrestricted.
Where is the rest of the $49.5 Billion???
Good GOP point most of don't understand. So you support using a downturn in the economy to bust unions and destroy union bargining rights. No suprise there.
Of course. Companies are running to China escaping Unions, the highest corporate tax on the planet, the Roman Legion EPA, and above all Obamacare.
Even GM, out-sourced 35,000 jobs.
Bush signed TARP, as well as, the Bail-Out of GM which at the time was only $13 Billion placed in a working escrow. Obama over saw the administration of the funds, as well as, the re-structuring of GM.
With $50 Billion in their pocket in 2009, GM closed 13 plants, including the one in Janesville, laid off 21,000 workers. These plants were not part of Obama's approved re-structuring plan for GM.
Investing in China was. They opened 11 new plants, and hired 35,000 Chinese.
http: //www.financialexpress.com/news/general-motors-opens-new-plant-in-china/399643/
http: //voices.yahoo.com/uaw-furious-over-gm-plant-china-426020.html
http: //careers.gm.com/careers-worldwide/asiamiddle-east/china.html
GM has 11 joint ventures and two wholly owned foreign enterprises as well as more than 35,000 employees in China. GM, along with its joint ventures, offers the broadest lineup of vehicles and brands among automakers in China. Products are sold under the Baojun, Buick, Cadillac, Chevrolet, Opel, Wuling and Jiefang nameplates. In 2011, domestic sales of vehicles by GM and its joint ventures jumped 8.3 percent on an annual basis to 2,547,203 units. It has been the sales leader among global automakers in China for seven consecutive years.
Those GM Chinese cars have been imported for a year now.
If we give $50 Billion to a failing car company, is it not reasonable to have them use those funds to keep plants open here and not closed them like the one in Janesville?
General Motors Corp. will shift more production of vehicles bound for the U.S. market to China, Mexico, South Korea and Japan, but will keep total imports at roughly one-third of all sales here.
In a confidential 12-page presentation to members of Congress, obtained by The Detroit News, GM said it will boost U.S. sales of vehicles built in those four countries by 98 percent -- or about 365,000 vehicles -- while shrinking production in Canada, Australia and European countries by about 130,000 vehicles.
GM also has been importing vehicles made in China in 2011, reaching 51,546 vehicles in 2014. Imports from South Korea to the United States will jump from 36,967 vehicles in 2010 to 157,126 in 2014.
GM's plan to import more vehicles from low-wage countries raises questions about whether it should beef up its foreign operations as it is relying on federal money to stay afloat. It also puts the automaker at odds with the United Auto Workers, which is trying to protect U.S. jobs amid a dramatic restructuring of the domestic auto industry.
GM has faced strong protests from the union that its turnaround plan unfairly targets U.S. workers and plants for cuts. GM plans to trim 21,000 hourly workers and close 13 of its 47 U.S. plants by the end of 2010 as part of a tougher recovery plan sought by President Obama's auto task force. It will close three more U.S. plants by 2014.
This is for No2012. The complexity of the subject matter required some notes. No question about it. If we compared the IQs of Barack and 'Flip" who do you think would come out on top? Barack speaks much better in one on one confrontations without a teleprompter. At least I'm glad I made you smile today even if your thoughts are rather bland and hardly thought provoking.
Romney has Obama beat in the intelligence department any time.
Your judgement is showing Tammy.
Tammy can spot a winner in Romney, not a whiner, like Obama.
We need a leader, and Obama is not it
Ann said that Mitt is having trouble with his mental and emotional stability.
Yet, Obama has more grey hair...
Has anyone else noticed that when Romney dunks his head in a bucket of black hair color, he is not only missing his side burns, but also the bottom of the back? Looks really funny! Why doesn't Ann tell him? Or one of his campaign advisers?
hat headline should read
In final public event before debate, OBAMA plays down expectations
Another DEAD Border Agent.......but to Obama.....he's just another "bump in the road."
Obama has all but admitted he FAILS at debates....LIKE HE FAILS AT EVERYTHING ELSE HE DOES.
Yeah down. Fox was trying to connect the slain agent to fast and furious (the fialed attempt of the GOP to connect the Dept of firearms and the Phoenix US Prosecutors office to the persident.) Money from blood has been a Rupert Murdoch tactic for years. Almost as bad aa Romney's meddling in foreign affairs. Isn't Mitt aware that official statements are often crafted to advance the interests of our country? Aren't the terrorists who commited that murder less lidely to be found after we have printed their afiliations? Doesn't any professional police agency Withhold evidence for a short period to enable to identify the perps from the wannabes? The news is just as bad and seem to wantk to accompany the FBI investigation team in real time, making them a great target for a mortor attack. This Mitt's a card, Joker I think.
Julie - everybody knows that Romney could rip off a big fart and light it and you would think he won the debate.
"I really think that Mitt needs to be more personal with the American people," said Renee Salza, a Realtor and Republican who is supporting Romney. "I think a lot of people feel he's somewhat aloof and disconnected from everyday Americans."
That's because he is, Renee. And, it's not surprising that John Elway supports Mitt Romney. He is, after all, a member of the 1%.
Guess who else is a %1??
None other than our Door Mat in Chief.
Cash: $660,000
Mutual funds/ETFs: $625,000
Pension: $90,000
Treasuries: $3.4 million
Real estate: $900,000
TOTAL: $5.7 million
The problem? He is worth $11.5 Million, at least as far as anyone can trace his money trail.
Where is this cash hidden?
He has a secret stash account of 73000 coming in every month. that is 830,000 a year.
You won't find the 73000 secret stash account. Not even on his tax returns. He has had that account for 4 years.
No mention of his new $36 million digs in Hawaii.
ttp: //www.wnd.com/2012/09/secret-retirement-plans-does-obama-expect-to-lose/
http: //hillbuzz.org/the-obamas-already-preparing-for-move-to-hawaii-in-january-2013-hyde-park-neighbors-talking-about-chicago-house-being-sold-soon-63935
http: //beforeitsnews.com/obama/2012/09/the-obamas-already-preparing-for-move-to-hawaii-in-january-2013-hyde-park-neighbors-talking-about-chicago-house-being-sold-soon-2444342.html
How on earth can a "Community Organizer" get that kind of wealth???
Some one knows, and it will be revealed in the Debates.
The man is a liar and hypocrite.
The worse President we have ever had.
Just lost all respect for John Elway. Always knew he wasn't very smart. Endorsed Romney? Fool.
John Elway is a small business owner who provides and benefits to his workers.
Elway owns two steakhouse restaurants, each named "Elway's": One is located in the Ritz-Carlton Hotel in downtown Denver, and the other in the upscale Cherry Creek shopping district.
Elway owned five auto dealerships in Denver called John Elway Autos. He sold the five dealerships to AutoNation for $82.5 million in 1997.
Elway still owns two Toyota Scion dealerships, one in Ontario, California and another in Manhattan Beach, California, a Chrysler Jeep dealership in Greeley, Colorado, and a Chevrolet dealership in Englewood, Colorado.
You would punish success? There was a time in this country when we applauded people like that, even made them President, like John Kennedy.
Republicans speak of restoring taxes to their pre-Bush era levels as "punishment". Most people believe it's just a recognition that the tax reductions did nothing but increase the deficit, and skew the distribution of income even further.
When you make a mistake, correct it, don't justify it.
MT: The tax cuts saved us from spiralling out of control when the World Trade Centers were brought down. It was the spending that increased our deficit.
Putting money into people's hands stimulates the economy. But then we need to be fiscally conservative in our spending. Both things Democrats have proven in the last 4 years they don't know how to do.
I don't want to go back to Bush spending levels as that was a mistake. But Obama is spending like crazy and is promising to continue to do so.
THE PENDING OBAMA TAX HIKES WILL HURT YOU!!!!!
How the tax-rate hikes will affect you
A variety of tax rates enacted during the tenures of Presidents George W. Bush and Barack Obama expire at the end of December, including Bush-era cuts on wage and investment income and cuts for married couples and families with children. Also expiring is a 2 percentage point temporary payroll tax cut. A look the tax-rate increases facing typical families:
Source: Tax Foundation
http://www.denverpost.com/nationworld/ci_21676319/large-tax-increase-looms-at-year-end-fiscal
Good post Julie! It gets worse. Obama has lied to us yet again. Read the 2700 pages, it is full of hidden taxes. is an abbreviated list of taxes on families and businesses introduced by the Patient Protection and Affordable Care Act (PPACA), known as Obamacare, totalling more than $500 billion over the next ten years as prepared by the Americans for Tax Reform:
Excise taxes on charitable hospitals ($50,000 per hospital if they do not meet HHS criteria of "community health assessment needs," billing and collection," and "financial assistance" (PPACA, 2010, pp. 1,961-1,971)
Codify "economic substance doctrine" (IRS will not allow any legal deductions or tax-minimizing plans because it lacks "substance" and is intended to reduce taxes owed); this is a tax increase of $4.5 billion (Bill Reconciliation Act, 2010, pp. 108-113)
"Black liquor" tax on a special bio-fuel (Bill Reconciliation Act, 2010, p. 105)
Tax on innovating drug companies (PPACA, 2010, p. 1,971-1,980)
Blue Cross/Blue Shield Tax Increase (PPACA, 2010, p. 2,004)
Ten percent tax on indoor tanning (PPACA, 2010, pp. 2,397-2,399)
Medicine cabinet tax disallows Americans to use health savings accounts, flexible spending accounts, or health reimbursement pre-tax money to buy over the counter medicines except insulin (PPACA, 2011, pp. 1,957-1,959
HSA Withdrawal tax hike from 10 to 20 percent (PPACA, 2011, p. 1,959)
Employer reporting of insurance on W-2 forms, taxing health benefits on individual tax returns (PPACA, 2012, p. 1,957)
Surtax on investment income for families that make at least $250,000 or $200,00 single (Bill Reconciliation Act, 2013, pp. 87-93)
Medicare payroll tax increase (PPACA, Reconciliation Act, 2013, pp. 2,000-2,003, pp. 87-93)
A 2.3 percent excise tax on medical device manufacturers (PPACA, 2013, pp. 1,980-1,986)
Medical expenses can be itemized if they exceed 10 percent, no longer the previous 7.5 percent, resulting in fewer people being able to itemize (PPACA, 2013, pp. 1,994-1,995)
Flexible spending account cap of $2,500 which is now unlimited (PPACA, 2013, pp. 2,388-2,389)
Eliminate tax deductions for employer-provided retirement prescription drug coverage in coordination with Medicare Part D (PPACA, 2013, p. 1,994)
Limit of $500,000 annual executive compensation for health insurance executives (PPACA, 2013, pp. 1,995-2,000)
Individual mandate excise tax starting in 2014 if a person does not buy a "qualifying" health insurance, 1 percent in 2014, 2 percent in 2015, 2.5 percent in 2016; exempted are hardship cases as determined by HHS, religious objectors, undocumented immigrants, prisoners, those earning less than the poverty line, members of Indian tribes (PPACA, 2014, pp. 317-337)
Employer mandated tax, non-deductible of $2,000 per employee if the employer does not offer health coverage and at least one employee qualifies for a health tax credit; if an employee receives coverage through the government exchange, the employer penalty for that employee increases to $3,000 (PPACA, 2014, pp. 345-346)
Tax on health insurers based on premiums collected per year (PPACA, 2014, pp. 1,986-1,993 (this all but forces employers to stop offering insurance, forcing their employees onto the government exchanges)
40 percent excise tax on comprehensive health insurance plans or "Cadillac plans" (PPACA, 2018, pp. 1,941-1,956)
When will the truth of Obama ever get out! If it did, people would be running to Romney.
Independent analysts cannot accurately review Romney's tax or fiscal policy because it has no specifics. Romney says he will reduce tax rates but be "revenue-neutral", although he refuses to say how. He says he will increase military spending, not touch entitlements but reduce the deficit. A lot people say that doesn't add up, not even close.
BTW, an income tax on Caddilac plans is nothing more than a recognition of the fact the a CEO should pay some income tax on 40k company-paid health care plan, just as he pays taxes on the 100k car and the 50k golf club membership. Common sense when you think about it. Health care benefits are income.
It is curious though that you would take away a $5k government subsidized health care plan from a poor person but give 5X that amount in tax subsidies to a billionaire for their health care. GOP logic.
Take the liberal beer googles off, then you will see Romney's plan.
1). Repeal the largest tax on the American citizen in history, namely, Obamacare
2). Cut the highest corporate tax on the planet from %38.9 to %28.
3). Repeal the %30 job killing penalty on small business people in the %200 to %1 Million THI range.
4). Cut the cap gains tax on dividends from %28 to %18. Re-examine the cap gains taxes for other risk and reward ventures.
5). Re-tool the Roman Legion EPA and make a part of Business plans by providing tax breaks for scubbers and environmental officers who will be tasked of chemical monitoring with a montly report to the EPA.
How that for starters?
Pub, Mitt has already stated that he won't repeal two of the most significant (in terms of cost) aspects of the bill, that being pre-existing conditions and kids on their family plans until 26 (or later in Mitt's words). That just leaves taking health care away from the poor, not a good political strategy.
cut corporate taxes, I agree with that.
your 3rd claim is false. Put it this way, if you owned a company and you make, say, 1m net income after taxes. Now, the tax rate is increased so that you only net 900k. Are you going to fire employees that you need to run your business? Of course not. It's a false argument.
Dividends, to the extent that they are tax deductible to the company, I would agree.
The people in the $200K to $1 million not only get dinged with Obamacare, but a $30 tax on top of that. The people in the $250K to $1 Million THI range who Obama plans to punish with a %30 tax on top of Obamacare are alot more than just %1. They are not CEO's, Actors, or sports stars.
They are Ma and Pa. These people file individually. Taxable income is your adjusted gross income minus your exemptions and either itemized deductions or the standard deduction. And if you're earning that much every year, you're probably itemizing.
Obama is targeting GROSS THI INCOME when he is talking about the $200,000 to $1 Million range. There are lot's of businesses that Gross over $200,000 but only NET $5,000, $10,000, $50,000, etc. etc. Some even break even or lose money.
This is going to cause a lot of businesses to close down and cause a lot of workers to lose their jobs.
Walk down the main street of your town. All those store fronts and eateries will be gone. The small plumbing companies, gone. The small store owners gone. The small Machine shops, gone. Autocare garages, gone.
The impact to small business will be devastating. Does Obama care? Excuse the pun, no, he is more interested in Sandra Fluke's birth control.
It's net income not gross receipts.
Get your facts straight.
Obama is targeting THI Gross income. He dings them off the top.
what is "THI gross income", I've never heard that expression.
Total Household Income. It is the Gross amount you, or your and spouse, take in yearly.
Pub, gross receipts for a small business owner is not the same as income.
Obama's tax policy would not affect someone with 1m in receipts and 200k in income.
I think you are mistaken in your understanding.
Wrong. You need an education.
Gross Receipt is a tax term relating to the total business revenue from services provided that must be reported for the fiscal period. Gross receipts do not account for sales returns and allowances, cost of goods sold or any other deductible expenses.
A gross receipts tax or gross excise tax is a tax on the total gross revenues of a company, regardless of their source. A gross receipts tax is similar to a sales tax, but it is levied on the seller of goods or service consumers. This is compared to other taxes listed as separate line items on billings, are not directly included in the listed price of the item, and are not a factor in markup or profit on company sales. A gross receipts tax has a pyramid effect that increases the actual taxable percentage as it passes through the product or service life-cycle.
This nothing to do with what the Business owner brings home and what Obama is taxing.
One really concerning thing to me is if the America I grew up in and am so proud of, and my fellow American's, will still be "My Fellow American's" after this election?
You will still be mine!
What do you expect? Of course John Elway's a Romney supporter. He's rich! And he's a Mormon too!
Chuckles, All we expect from you is an hour of non-stop slapstick entertainment.
Give it your best shot Slappy!
The problem with this country is that more people are becoming lazy and dependent upon government entitlement programs which plays into the liberal agenda. They believe that they are the elite and want this country to look like the failing countries in Europe. Watch the news, you can see what is happening over there and it is not good. This pathetic excuse of a leader that we call POTUS has done a great job of dividing the country and convincing his worshipers to support him. Nothing is for free even though he wants to believe different. Our country was the land of opportunity and those who worked hard could become successful at no matter what they did. Liberals don't find that fair, they do not want winners and losers, everyone should be equal. Rid the government of liberals and we could become a proud and thriving country again.
P.S. Obama couldn't qualify as an assistant manager at McDonalds, he would actually have to WORK
Obama was a professor. What did Ryan do. We all know what Romney did.
Ryan nicknamed himself "Wonky" to cover the fact that he has no idea what he's talking about. And he did win his congressional election 7 times! In a district where there is no major media coverage and his lies and vaccuousness have yet to be exposed. Not that they have Lyin' Ryan's political carreer may be over.
All they have to ask Romney is what tax loopholes he plans on closing. They will not be the loopholes for the rich to be sure.It will be the loopholes for the middle class like mortgage interest and credits for children.
Romney - Ryan = Dumb and dumber
Obama = Fewer Rich People
Romney = Fewer Poor People
That is patently false as most GOP talking points. The increase in taxation begins after the person has earned over $250K and only on income above that after deductions. The rich may have trouble paying their charge bills if they are spendthrifts. Then they could follow Romney's advise and borrow from their parents.
Romney = Richer rich people at the expense of the Middle Class and Poor
Obama = Fair opportunity for all.
Typical liberal loser speak. There is wealth for anyone to have. If you don't have it, it's your lack of work ethic and talent. Liberals think if you take from the rich, then everything will be fair. Conservative see the big picture. Have an economy that grows and evryone will have a chance. Didn't you libs learn anything from Slick Willy? Apparently not because Obama fired the economic advisor who also worked for Clinton and tried to run the economy on spending.
You're right Mitt, we are struggling. Please explain how you, as Prez, will lower gas and food prices, electric rates, and healthcare costs. I do believe our current Prez has tackled the only one of those four items that he can affect. And I'm sure you will do it in such a way that no one will say 'That's big government again". Time's yours.
Mitt "hasn't run the numbers yet". In other words he has no plan and no idea. He and Queen Ann feel entitled to the Presidency because it's "his turn."
Downplays expectations? My expectations for Rmoney are already so low if they were downplayed any more they'd end up in Australia.
And I have no expectations for Ryan, except that he join Rmoney in shameful defeat in November.
Looks like Gilligan is having a tough time with grade school math. Paul can't tell us what the exact numbers are, but Ryan insist it will add up to what he wants. The details are fuzzy.
Hmm....Here is a math question for Paul Ryan!
What is the least common multiple of 47? Answer? Nothing...it's not divisible!
Just like the 47 percent of voters Mitt Romney doesn't care about.
Obama is bold faced liar! Read the 2700 pages, it is full of hidden taxes. is an abbreviated list of taxes on families and businesses introduced by the Patient Protection and Affordable Care Act (PPACA), known as Obamacare, totalling more than $500 billion over the next ten years as prepared by the Americans for Tax Reform:
Excise taxes on charitable hospitals ($50,000 per hospital if they do not meet HHS criteria of "community health assessment needs," billing and collection," and "financial assistance" (PPACA, 2010, pp. 1,961-1,971)
Codify "economic substance doctrine" (IRS will not allow any legal deductions or tax-minimizing plans because it lacks "substance" and is intended to reduce taxes owed); this is a tax increase of $4.5 billion (Bill Reconciliation Act, 2010, pp. 108-113)
"Black liquor" tax on a special bio-fuel (Bill Reconciliation Act, 2010, p. 105)
Tax on innovating drug companies (PPACA, 2010, p. 1,971-1,980)
Blue Cross/Blue Shield Tax Increase (PPACA, 2010, p. 2,004)
Ten percent tax on indoor tanning (PPACA, 2010, pp. 2,397-2,399)
Medicine cabinet tax disallows Americans to use health savings accounts, flexible spending accounts, or health reimbursement pre-tax money to buy over the counter medicines except insulin (PPACA, 2011, pp. 1,957-1,959
HSA Withdrawal tax hike from 10 to 20 percent (PPACA, 2011, p. 1,959)
Employer reporting of insurance on W-2 forms, taxing health benefits on individual tax returns (PPACA, 2012, p. 1,957)
Surtax on investment income for families that make at least $250,000 or $200,00 single (Bill Reconciliation Act, 2013, pp. 87-93)
Medicare payroll tax increase (PPACA, Reconciliation Act, 2013, pp. 2,000-2,003, pp. 87-93)
A 2.3 percent excise tax on medical device manufacturers (PPACA, 2013, pp. 1,980-1,986)
Medical expenses can be itemized if they exceed 10 percent, no longer the previous 7.5 percent, resulting in fewer people being able to itemize (PPACA, 2013, pp. 1,994-1,995)
Flexible spending account cap of $2,500 which is now unlimited (PPACA, 2013, pp. 2,388-2,389)
Eliminate tax deductions for employer-provided retirement prescription drug coverage in coordination with Medicare Part D (PPACA, 2013, p. 1,994)
Limit of $500,000 annual executive compensation for health insurance executives (PPACA, 2013, pp. 1,995-2,000)
Individual mandate excise tax starting in 2014 if a person does not buy a "qualifying" health insurance, 1 percent in 2014, 2 percent in 2015, 2.5 percent in 2016; exempted are hardship cases as determined by HHS, religious objectors, undocumented immigrants, prisoners, those earning less than the poverty line, members of Indian tribes (PPACA, 2014, pp. 317-337)
Employer mandated tax, non-deductible of $2,000 per employee if the employer does not offer health coverage and at least one employee qualifies for a health tax credit; if an employee receives coverage through the government exchange, the employer penalty for that employee increases to $3,000 (PPACA, 2014, pp. 345-346)
Tax on health insurers based on premiums collected per year (PPACA, 2014, pp. 1,986-1,993 (this all but forces employers to stop offering insurance, forcing their employees onto the government exchanges)
40 percent excise tax on comprehensive health insurance plans or "Cadillac plans" (PPACA, 2018, pp. 1,941-1,956)
When will the truth of Obama ever get out! If it did, people would be running to Romney.
the koch bros were born into wealth. their dad, a petrol engineer, went to the soviet union to build refineries in 1929 and came back to the u.s. in 1932 with $5 million in his pocket. think how much $5 mill. was in the days of the great depression. the family continued doing bus. with the soviets and now russ. since then. yes, they made some money here, too, but the family forturne comes from russia. and now, they support politicians to kill labor unions, end taxpayer money for public education and stop epa regulations.
So were the Kennedy's, is that some how a crime now Numbskull?
How is that get out the hate vote going for you republicans? Because most republicans we know don't like Romney or Ryan, Ryans voting record speaks for itself. The Ayn Rand philosophy, protect the rich they are the only ones that matter, we worker bee's are just a necessary to do the jobs that are beneath them.
I didn't vote for McCain and I don't like Romney very much, but all I have to do is look at the last four years of 1.5% GDP economic growth to decide my vote.
I'm with you! With the past four years of Republican obstructionism that was plotted even before Obama took office and with Mitch McConnel's statement about their number one priority being to make Obama a one term president - not jobs, not the economy, not national security, just power and influence for themselves - there is NO WAY I would vote Republican. From RomneyRyan on down they are a bunch of "all for me" liars.
Republican voter suppression has been stopped in Pennsylvania and Republican voter fraud has been exposed in Florida and other states across the country. Looks like Mittens and Lyin' Ryan may have to lower their career expectations as well.
For the first time since the black community’s political realignment with the Democrat Party in the 1960′s, a nationally prominent black Pastor has called on the black church community to leave the Democrat Party in a movement dubbed “EXODUS NOW!” Bishop E.W. Jackson’s call to “come out from among them” is apparently being heeded by many black Pastors and Christians across America and creating a stir in many churches. There is concern at the highest levels of the Democrat Party.
The impetus for EXODUS NOW, and what has given it credibility in the black community is the Democrat Party’s increasingly secular stand, particularly making “same-sex marriage” an official part of the Party Platform. This came on the heels of a number of other actions which many Christians found objectionable: President Obama’s support for same-sex marriage; regulations ordering Catholic and other Christian institutions providing healthcare to distribute free contraceptives and abortion drugs; Convention speakers support for unrestricted abortion up to the moment before delivery; and taking God out of the party platform and no longer recognizing Jerusalem as the capital of Israel.
http://standamerica.us/black-christians-abandoning-democrats-heeding-bishop-e-w-jacksons-call-for-mass-exodus/
it doesn't matter, obama will be re-elected.
From April 1998 through August 2000, Mr. Romney (Bain
Capital) and his Brookside Capital Partners Fund invested approximately $23
million in the Global-Tech sweatshop in Dongguan, China. Mr. Romney was there
when the Race to the Bottom in the global sweatshop economy was launched. Mr.
Romney noted “the pittance they earned”— just 24 cents an hour in 1998 and less
than $2.00 a day. Wages in Global-Tech were less than 2 percent of U.S. wages.
Bain’s CEO (Mr. Romney) apparently failed to speak out urging Chinese
management to improve the gross working and living conditions or the pitifully
low wages of its workers.
Source:
(http://truth-out.org/news/item/11848-mitt-romney-invests-in-global-tech-sweatshop-in-china)
Source: (http://www.globallabourrights.org/reports?id=0651)
WHAT hypocricy. ! Look at this from Obama own web-site as gleaming example of Romney's out-sourcing!! A TOTAL OF 829 JOBS!!!
http: //www.barackobama.com/romney-offshore-outsourcing/
No lie! Hilarious! IDIOTS.
Meanwhile, companies are running to China escaping the highest corporate tax rate on the planet, the Roman Legion EPA, Unions, and above all Obamacare.
This has translated to:
2.6 million Commercial foreclosures
Over 3.8 million business have gone out of business
38,000 US products moved offshore for manufacturing
The lowest number of patents in 35 years
And GM? Out-sourced 35,000 jobs.
Bush signed TARP, as well as, the Bail-Out of GM which at the time was only $13 Billion placed in a working escrow. Obama over saw the administration of the funds, as well as, the re-structuring of GM.
With $50 Billion in their pocket in 2009, GM closed 13 plants, including the one in Janesville, laid off 21,000 workers. These plants were not part of Obama's approved re-structuring plan for GM.
Investing in China was. They opened 11 new plants, and hired 35,000 Chinese.
http: //www.financialexpress.com/news/general-motors-opens-new-plant-in-china/399643/
http: //voices.yahoo.com/uaw-furious-over-gm-plant-china-426020.html
http: //careers.gm.com/careers-worldwide/asiamiddle-east/china.html
GM has 11 joint ventures and two wholly owned foreign enterprises as well as more than 35,000 employees in China. GM, along with its joint ventures, offers the broadest lineup of vehicles and brands among automakers in China. Products are sold under the Baojun, Buick, Cadillac, Chevrolet, Opel, Wuling and Jiefang nameplates. In 2011, domestic sales of vehicles by GM and its joint ventures jumped 8.3 percent on an annual basis to 2,547,203 units. It has been the sales leader among global automakers in China for seven consecutive years.
Those GM Chinese cars have been imported for a year now.
If we give $50 Billion to a failing car company, is it not reasonable to have them use those funds to keep plants open here and not closed them like the one in Janesville?
General Motors Corp. will shift more production of vehicles bound for the U.S. market to China, Mexico, South Korea and Japan, but will keep total imports at roughly one-third of all sales here.
In a confidential 12-page presentation to members of Congress, obtained by The Detroit News, GM said it will boost U.S. sales of vehicles built in those four countries by 98 percent -- or about 365,000 vehicles -- while shrinking production in Canada, Australia and European countries by about 130,000 vehicles.
GM also has been importing vehicles made in China in 2011, reaching 51,546 vehicles in 2014. Imports from South Korea to the United States will jump from 36,967 vehicles in 2010 to 157,126 in 2014.
GM's plan to import more vehicles from low-wage countries raises questions about whether it should beef up its foreign operations as it is relying on federal money to stay afloat. It also puts the automaker at odds with the United Auto Workers, which is trying to protect U.S. jobs amid a dramatic restructuring of the domestic auto industry.
GM has faced strong protests from the union that its turnaround plan unfairly targets U.S. workers and plants for cuts. GM plans to trim 21,000 hourly workers and close 13 of its 47 U.S. plants by the end of 2010 as part of a tougher recovery plan sought by President Obama's auto task force. It will close three more U.S. plants by 2014.
And GE? Outsource 36,000 jobs
Apparently Immelt's idea of being part of the solution is to ship as many jobs overseas as he possibly can.
A recent article on the Huffington Post documented how GE has been sending tens of thousands of good jobs out of the country....
As the administration struggles to prod businesses to create jobs at home, GE has been busy sending them abroad. Since Immelt took over in 2001, GE has shed 34,000 jobs in the U.S., according to its most recent annual filing with the Securities and Exchange Commission. But it's added 25,000 jobs overseas.
At the end of 2009, GE employed 36,000 more people abroad than it did in the U.S. In 2000, it was nearly the opposite.
GE is supposed to be creating the "jobs of tomorrow", but it seems that most of the "jobs of tomorrow" will not be located inside the United States.
The last GE factory in the U.S. that made light bulbs closed last September. The transition to the new CFL light bulbs was supposed to create a whole bunch of those "green jobs" that Barack Obama keeps talking about, but as an article in the Washington Post noted, that simply is not happening..
This is make it or break it for Mitt. If he does not show that he is a viable alternative to Obama, it is game over. It is unfortunate that the tea party pushed the primaries so far to the right that the Republicans could not field a better candidate.
Brain washed people are going to hand over this country with the worst debt and deficit problem in the history of man-kind to a man who can not even run a cash for clunkers program.
Propaganda is what got Hitler into office.
Joseph Goebbles would be proud of MSNBC and the DNC,
This is not by any means a democracy when the media is so biased for one canidate.
Obama has no won anything yet.
People are seeing threw the lies and failure.
pub, don't devolve into silly rhetoric, stay with the issues.
Smart move. Even the best authors in the world can sometimes not lve up to the expectations of their fans. Romney made a smart move by trying to kick some of his supporters off of their Cloud 9 and bring them back down to Earth.
Romney is like one of those "underecover bosses" who are clueless about what their decisions actually mean to real people, "What, we don't allow you time to go to the bathroom, so you pee in a jar every day?" ......."What...I'm fired because I can't come close to meeting the requirements I set for my own employees?"