Friday, 17 February 2012
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On Mitt Romney
Quick Intro:
Notice at approx 2 min 50 sec = Bain capital made a huge profit AND steered the company into bankruptcy... if you destroy a company to make money how can you trust that person with the economy of a country? I'm sure destroying the US economy (or even the global economy) will be profitable to some people.... do you really want to hand the reins of the presidency to a person who comes from the greed and lack of compassion side of capitalism? - They(Bain Capital) don't even have to use thier own money to destroy a company AND make money off of that!!!!!!
About Newt Gingrich: Newt is a Racist and a Liar
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Full Proof of Mitt Romney's inelectibility
What is Mitt Romney's Platform? A New Hampshire surrogate for Mitt Romney said at a local political event that it's evident he will be the Republican presidential nominee and suggested that "beliefs and principles" should not be the deciding factor for voters. State Sen. Gary Lambert said the most important thing is to nominate somebody who can defeat President Obama. "I don't get it. This is not about picking a favorite, it's not about picking someone you like," Lambert said. "It's not about picking someone even with your own beliefs and principles. This is about picking a person who can beat Barack Obama, period." Read more.
In other words, the reason Mitt Romney is leading is because somehow, a large number of people, have become convinced that Mitt Romney could beat Barack Hussein Obama in the Presidential Elections. I hope this first post will make it clear that that's impossible. Creating jobs is one of the big concerns of today's debate... does Mitt Romney have the credentials for country-wide job creation?
Mitt Romney says President Obama, Newt Gingrich and Gov. Rick Perry are putting free enterprise "on trial."...
As Fareed Zakaria explains:
Romney’s real problem Instead, a second line of attack has been gaining traction against Romney – that of Romney as job-killer or Romney as the private equity guy, who buys companies, hollows them out and outsources jobs. Now it is striking that this attack is coming in a Republican presidential primary. After all, what Romney did while at Bain Capital was classic capitalist “creative destruction.” He took over businesses and tried to make them more productive and efficient. To do so, he often had to shed jobs. Republicans should be celebrating Romney’s prior work as an example of how the market functions – driving out inefficiency, generating productivity and creating a lean, mean capitalist machine.
The keywords are, "lean, mean capitalist machine."
In other words...
In the face of that seething rhetoric, Romney’s defense of his background in private equity has been approximately this: an attack on Bain is an attack on American free enterprise. That’s a plausible enough line for a Republican primary — a contest fought among voters who basically trust the market economy. But Romney has grounded his whole campaign on the claim that he understands how to create jobs and spur investment. And now his Republican opponents are slashing away at that political identity, a task made easier by the fact that Romney has typically spoken about his business experience in only the vaguest of terms. Read more.
Some writers don't seem to get it...
You can blame Mitt Romney, but not for Bain Capital Most important, Bain Capital is not now, nor has it ever been, some kind of Gordon Gekko-like, fire-breathing corporate raider that slashed and burned companies, immolating jobs wherever they appear in its path The story of the private equity business is somewhat more complicated. Almost by definition, a private equity investment is made with the hope of improving the profitability of the “portfolio company,” as it is known in the parlance. Often, this means replacing management or reducing unnecessary headcount – firing people. While no one likes seeing jobs disappear, eliminating unnecessary overhead and even entire divisions if they cannot be made sufficiently profitable is at the heart of a successful economy — the process Joseph Schumpeter famously described as “creative destruction.” How strange for conservatives like Newt Gingrich and Perry to be questioning the core of free market economics.
No one is saying that Bain was a job-killing dragon (except maybe Colbert below). We are just pointing out, accurately I might add, that laying claim to being a great or even good job creator is not something that Mitt Romney can do. At least not in the Presidential elections. What's the clincher? Romney can't even prove the measly 100,000 "net jobs" he claims to have added over the years...
"Mitt Romney says he created 100,000 jobs while at Bain Capital. Anderson Cooper is Keeping Them Honest."
By Comparision...
From The Washington Post: When we last looked at one of Romney’s claims about Obama’s job record, his campaign inflated the job-loss total by assigning the entire month of January — when 820,000 jobs were lost — to Obama’s term, even though he took office Jan. 20. We are pleased to see that the campaign no longer does this, and instead starts the count in February. But is this fair? An additional 2.2 million jobs were lost in February, March and April, before much of Obama’s stimulus could take effect. (He signed it into law Feb. 18). The recession did not officially come to an end until June 2009. Since that point, 1.2 million jobs have been created — which is still pretty anemic, but it is not a negative number. Romney also claims to have created more than 100,000 jobs as a business consultant. Fehrnstrom says the 100,000 figure stems from the growth in jobs from three companies that Romney helped to start or grow while at Bain Capital: Staples (a gain of 89,000 jobs), The Sports Authority (15,000 jobs), and Domino’s (7,900 jobs). This tally obviously does not include job losses from other companies with which Bain Capital was involved — and are based on current employment figures, not the period when Romney worked at Bain. (Indeed, Romney made his comments in response to a former employee of American Pad & Paper Co. who says he lost his job after Bain Capital took it private.) As we have explored before, we can neither prove nor disprove Romney’s previous statement that “tens of thousands of jobs net-net were created.”
Notice how Romney is described about 2 minutes and 30 seconds into this video...
The Colbert Report Get More: Colbert Report Full Episodes,Political Humor & Satire Blog,Video ArchiveAs Stephen Colbert explains...
'he chops up companies' ... does that remind you of any movie? ...
Romney's plan thus far?
Taxes are increased on the poor/middle-class and decreased on the wealthy...
[Note: This is NOT class warfare. Class warfare is when you increase taxes on the wealthy and decrease it on the poor - This art is called "re-framing" which is public knowledge on how the GOP operates = click here for proof (requires lots of reading, video watching and courage though!(If your Republican)]
Ron Paul tells CNN's John King he's the only true consistent conservative in the race, not Romney, Santorum or Gingrich...
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Economists tend to agree...
On Romney's Job Creation Record (click here to watch video)
In other words, while you can't fault Mitt Romney's company (as explained here) you can say with great certainty that he can't beat Obama on his "job creation record".
As Zakaria explains:
Now it is striking that this attack is coming in a Republican presidential primary. After all, what Romney did while at Bain Capital was classic capitalist “creative destruction.” He took over businesses and tried to make them more productive and efficient. To do so, he often had to shed jobs. Republicans should be celebrating Romney’s prior work as an example of how the market functions – driving out inefficiency, generating productivity and creating a lean, mean capitalist machine. The fact that Romney’s past has turned into a line of attack tells you that something has changed in America. Even in the Republican Party, there is a huge concern about what globalization and technological change are doing to the average, middle-class American. There is a sense that the system is not working for the median American worker.
Even Newt Gingrich knows that, as he proved that Romney is better at giving out pink slips that creating jobs, i.e. it may be a Democrat type attack BUT it's also TRUE.
A 'liberal' would define Mitt Romney's job like this...
As the following conversation shows, Newt attacks Romney on capitalism NOT job creation! (A Liberal attack!) ...
“Venture capitalism is taking risks,” Bolling said. “Bain Capital took risks on companies that likely may have failed had they–” “Steve, wait a second, you don’t even know,” Gingrich interrupted, thinking it was host Steve Doocy talking. “You have no proof, they are a totally private firm, they have never explained what they did.” “But that’s what they do– I’m no fan–” “I don’t have any question about the general process of entrepreneurial conservatism,” Gingrich said. There are a series of cases that don’t look right. And I’m saying, for a guy to run for President, use his record as the basis for running, and then tell us we’re not allowed to ask about his record?” Bolling tried to follow up with a series of interjections: “Sir, let me follow that up–” “But, but sir–” “Mr. Speaker, let–” …but Gingrich plowed through, with Bolling resigned to listening, before they eventually ran out of time on the segment and hurriedly cut to break. Watch a clip of the exchange by clicking here.
So first Newt Gingrich calls himself a conservative then he uses a Liberal attack... as usual, Newt Gingrich is "Consistently In-Consistent".
Why did Newt Gingrich do that?
It makes more sense for Newt Gingrich to attack Mitt Romney on the weird stuff...
[Note:He dragged his dog for 12 hours on his roof. Vs. Obama? He would be crushed.]
People keep cracking that Teleprompter joke about Obama, I got bad news for ya'll, Romney needs a Teleprompter, otherwise he begins to sounds kinda rude...
The Colbert Report Get More: Colbert Report Full Episodes,Political Humor & Satire Blog,Video Archive"The key to avoid using a Teleprompter is to memorize the same speech patterns and repeat them over and over and over and over and over and over"
Finally, all Mitt Romney is doing is copying Obama, how is he going to beat him? From Mitt Romney's facebook page... My plan makes America the most attractive place in the world for entrepreneurs, for innovators and for job creators. It says if Boeing wants to build in South Carolina, it can build in South Carolina.
Here is what Obama is saying...
The question remains...
whay does Mitt Romney do so well?
Answer: Because the Republican party is more traditional than many analysts realize. With John McCain's support, the "waiting in line" torch was passed on to Mitt Romney and so he is now the unofficial 'party head'.
In other words, although Mitt Romney has no chance against Obama, it would be seen has disloyal to many NOT to follow the traditional line of the GOP...
The Paul Ryan EXOPOSOTHON Link Ring...
Nuns Disagree With The Vatican On Many Thing BUT NOT Paul Ryan
Paul Ryan Is A Liar And A Hypocrite
The Paul Ryan Plan Leads To War
Paul Ryan's Plan Is EXTREMELY Bad For Seniors
The MITT ROMNEY EXOPOSOTHON Link Ring...
On Mitt Romney
Mitt Romney Is More Than A Flip-Flopper
Mitt Romney Puts "Sacred Symbols" On His Underwear!... ON HIS UNDERWEAR!!!
Is Mitt Romney Connected To Leaders (past & present) Of Death Squads?
Mitt Romney Lies So Much Obama Must Be Bought NOT To Bring Him To Trial (Remember Bill Clinton?)
Mitt Romney Has Provided NO Proof (Zero, Nada) Of HOW He Made Money
Mitt Romney Has Federal Government & Federal Reserve Connections (Obviously)
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