So in Riot's brave new world liberals don't need to concern themselves with such inconvenient things such as proof, all they need to do is to throw out accusations backed by some anonymous source and the accused then has the burden to prove himself innocent. This is straight out of her liberal master David Axelrod's play book. Of course, Riot would be the first person to run to her idol Obama's defense if the opposite happened. Many, with good reason, are saying that Obama's intelligence is vastly overstated by the lackey MSM media. Obama could easily clear that up by releasing his college transcripts right Riot?

Harry Reid is a corrupt, filthy, lying criminal. He made the accusation let him provide the proof. It is obvious why Obama choose Reid to make the disgusting accusation as Reid just started his last Senate term and thus no matter how much he lies, he never has to face voter's again.

Hey Bob, another key word..what's your take?:tro:

Yes PD welcome - but beware of the dumb and dumber posts

Welcome back B B, I mean PD

Obama isn't an American citizen!
Obama is Kenyan!
Obama was raised in a madrassa!
Obama is Muslim!
The birth certificate is fake!
The newspaper announcements are fake!
The Governor of Hawaii lied!
Where's the grades?
Obama got into three colleges through affirmative action!

BWWAAAAAAHAAAAAAAAAAA :D :tro:

Yeah, but not one person remembers ever seeing him at any of those colleges...how bout that:rolleyes:

You mean, even those photos in the yearbook are faked? His writings in Law Review? His attendance at graduation Cum Laude? Wow, what an evil conspiracy they planned 55 years ago, to make this black man President of the United States!

People saw him plenty at Harvard, he also got plenty of parking tickets he never paid until entering the Senate. That's what people who think they're above society do.

It's his days at Excellsior (sp) and Columbia that people don't know him. No pictures, no classes etc. Perhaps this is the reason he has refused to release his transcripts as using the 'Mitt theory' he must be hiding something.

If it's merely mediocre grades how in the heck did he get into Harvard? So that likely isn't what's being hid.

For the good of the American people I personally think Romney needs to release his taxes and Obama (the transperant) one needs to release his transcripts. Then let the voters decide.

BTW Does everyone know Jesse Jackson Sr. was KICKED out of the University of Illinois Urbana for cheating? God must have told him to do it.

:tro:

Also we need to know how Romney can accumulate 100 Million in his IRA.

Wonder why the IRS hasn't come forth and charged him ? He is obviously doing all these illegal activities and trying to hide them by not disclosing them to the public.

We should all be asking the IRS to come clean with the evidence and stop protecting Mitt.















:rolleyes:

Certainly if Romney is breaking any Federal Tax Laws he should be prosecuted to the full extent. If not then the tax code needs to be changed.

IRA-401K's etc. were all designed to promote tax free savings. If true, Mitt has taken it to a whole new level. While I don't think investment income should be taxed at the same rate income is, it shouldn't be tax free.

Look America has also purported itself as fair, where everyone is equal. Decide on a percentage and instill a flat tax with personal contributions to IRA/401K's capped at say $10K. No deductions. Married or not moot, investment income or not moot.

At a 20% flat tax with a contribution of 10% of salary allocated into a IRA/401K. The following scenarios would pan out:

Individual A: $22K in income 7K individual deduction (I think should be lower)
and $2.2K put into an IRA leaves a taxable income of $12.8K. At 20% individual A would pay $1,560 in taxes. An effective rate of 7%.

Individual B: $50K in income, putting away $5K, leaves a taxable income of $38K. At 20% they would pay $7,600. An effective rate of 15.2%

Mitt: 200 million in income putting away the max $10K and the $7K individual deduction leaves him with $199,983,000 in taxable income and a $39,966,000 tax bill. An effective tax rate of 20%.

Mitt's payment would equal 27,000 individual A's and 5,000 individual B's.

Besides we could get rid of more than half the IRS and free up Federal courts for useful cases, like suing the States of Arizona and Florida.
:zz:

401k's aren't tax free, they're tax deferred. ira's can be done either with after tax dollars, or tax deferred. but none of them are tax free.
and a flat tax would be a huge whammy on the lower income folks, and a huge break for upper income.

You used a lot of words to not answer the question How the **** does someone's IRA account get to 100 Million dollars given the limits currently set in place? Hey I want to know.

Then he can shut this nonsense down in a second by coming clean and showing his taxes. He refuses so in the court of public opinion he comes across as hiding something.

I'm going to go out on a limb and predict Romney doesn't have close to a hundred million in a IRA.

Substitute birth certificate/college transripts for taxes and go back 4 years.

Oh my!

If his IRA, like mine, (redboard alert!!) had been very heavily invested in SIRI at .08/share and LULU at 28.50/share (pre-split) it could show that kind of growth.
We will never know what is actually in there though so speculation is pointless. Perhaps after Mitt loses Obama will create a Romney czar to see what he does to earn and how he spends all that money.

how does anyone know what romney has in his ira?

Media Speculation just like everything else we are discussing without knowing the facts.

:D

gotcha.


you'd think the media would be better served just by reporting things that don't require speculation. how much money romney has means nothing to citizens in general, it doesn't have an affect on us. but his thoughts on taxes, spending, bank regulations are important. surely they could focus on that?


naaaa...we have a society that enjoys fluff, not serious stuff.

Exactly Riot, you cry about accusations against Obama yet you are fine with a baseless one made by a Senator who has never released his own tax records. You are a typical lefty, hypocrite sheep. Do you have to ask for David Axelrod's permission to go to the bathroom?

Beats reporting on Dancing With The Stars, a curious name for a show w/o any stars. ;)

And I'd bet Valerie Jarrett knows what's in Mitt's IRA

or it will just create a bunch more noise that deflects from the real issues.

Do we really need to talk about things like his wife's horse?

well, of course. it's important! ;)

far more important than boring discussions about the economy, jobs, etc etc

Because he released a partial one year of tax returns, 2010, that shows he has $100 million in an IRA. It's not speculation, it's on his income tax return for the one year he released.

Does anybody here actually read the news? C'mon, guys - we have Fodder Of Xenophobes to spread fake news, we don't need to do it here.

Sorry Ziggy - there is nothing else to discuss - the economy and jobs are doing GREAT! Don't believe your own checkbook, or the decline in American savings, or the neighbors that have lost careers and have given up looking after 3 years

Riot has a ton charts that disprove reality convincingly!

Exactly what we need, Rude, more shallow broad-brush painting, with less specificity and accuracy! Yay! :tro:

You need to talk to del.. He personally has met over 100 people in the last couple years who came to this country with LESS than 30 bucks in their pockets and are now pulling in over a million a year.

:tro::tro: Nice one, J !

Is that $30 American and 1MM of whatever their home currency might be?

Del wouldn't distort facts like that Clip...

:tro: :D

It's actually a pretty simple plan but requires a lot of effort. But here's how it goes. You determine a business you would like to own/run ie. a gas station, hotel etc. You work at that job, of course at minimum wage (to start) for anywhere from 80-100 hrs a week. By saving all overtime even at $8 bucks /hr comes to almost $17K/year after 2 years $34K and a down payment on a service station or motel. Continuing working those same hours now as your own boss making 30-40 bucks an hour thus saving between 51K and 108K a year. Reinvesting that money in yet more service stations/motels/hotels makes you a manager of employees and your businesses and you'd be able to cut hours and enjoy success. What's funny is most don't but cut back from 80 hrs to 60 hrs a week and take a couple vacays.

Remember one guy interviewed while cleaning hallways at one of a dozen hotels he owns what his hobbies are: He said hobbies cost money and he has none.

And on rare occasions I even come up with an American who realizes the dream thru nothing but hard work

The "plan" of working 80-100 hours a week allows no time for sleep, or eating, or procreating, or ever seeing your children, but hey ... it's the American Dream to work 16-17 hours a day at minimum wage, be unable to afford a car, no health insurance, little food, no house, and have a spouse you never see raise your kids as orphans.

That's crazy!

What type of "goal" is that?

To choose to suffer under a centuries-old self-flaggellating weird Puritan work ethic of lifetime punishment?

Do you guys realize that there are 36 other first world, democratic countries in this world, where everyone's health care is covered, getting sick won't take your house and life's savings; education in college or trade is inexpensive and readily obtainable for all; if you are unemployed the government will support you at a non-poverty rate while loaning you money to start your own business and get back on your feet quickly; where people choose the job they love and want to do, because being a garbage man pays as much a decent salary as being a lawyer; where people live measurably longer than in the US, own their own homes, with healthier lives, far more free time, vacation time, earlier retirement, and measurably happier lives?

Where people don't wake up every day in fear of poverty, illness, starvation, unemployment?

Where did this angry, "everything sucks, don't spend any money on improving our lives" attitude come from?

Why is America the only first world country trying to go backwards as far as quality of life goes?

The whole point of creating a country is to band together as a society, to help it's citizens live a good life. Not be filled with angry, cheap, resentful, intolerate, unhealthy mobs, that has the highest rates of murder and ill-health in the world of "first world" countries.

Can you imagine if we had spent all that money for Iraq on ourselves, and our own country? On our health care, our education, our technology, our businesses? And no, that has nothing to do with "government handouts", it's entirely about quality of life, and what countries value for their citizens and themselves.

America? Is all we value in 2012 invading other countries to try and get their oil and ensure Haliburton has extraordinary income? While our citizens suffer in poverty, ill-health, and half our population is unable to even live basic, good lives? And the half of our country in poverty are attacked by the wealthiest and told to contribute more to the overall "good", while the wealthy own the government and give themselves more 20% tax breaks?

People should be able to work 30-40 hours a week, and afford a house, a family, health care, retirement, a good life with vacations and enjoyment and free time. It happens in many other countries, but not commonly in the United States.
Because we as a society don't choose that life for ourselves. We're one of the richest countries in the world - we could certainly readily afford it.

I concur. No one that has ever made more than 100K in a one year period should be allowed to enter into public service.
Everyone knows that the poor are in fact the most responsible and intelligent this country has to offer, they just need a helping hand.

Here's a good example of a lost hippie finding his way to the American Dream albeit with $500

The working years

And now

So for God's sake America stop bitchin, stop coveting others' money and get a f'n job!

34K down payment on a hotel or service station and showing 8 bucks an hour job and the BANKS will be lining up to loan you money...

You realize people don't always use banks? See above.

What I don't get is how you are supposed to live on $8 an hour while you are saving all that overtime money up.

You need at least $15 an hour in the US to have a decent life.

Hello? America? Other countries do quality-of-life better, and we can get back to that, too!

Because gawd knows, we lost the realistic American Dream possibility (where one dad worked and that was enough to afford a good life, while mom stayed home in the house with the kids, and everyone had food, savings, retirement and vacations) back in the late 1970's.

Dell's view of saying, "you can still have part of that, if you work 80-100 hours a week" is a cruel, absurd, destructive, terrible way to live. Better we work towards making quality of life good for all citizens in America, and return it to being the land of opportunity and good lives.