The Breaking Romney Story

[bigrun]

Originally Posted by Danzig

http://www.nytimes.com/2012/07/13/op...=1&ref=opinion

'The first thing you need to know is that America wasn’t always like this. When John F. Kennedy was elected president, the top 0.01 percent was only about a quarter as rich compared with the typical family as it is now — and members of that class paid much higher taxes than they do today. Yet somehow we managed to have a dynamic, innovative economy that was the envy of the world. The superrich may imagine that their wealth makes the world go round, but history says otherwise.

To this historical observation we should add another note: quite a few of today’s superrich, Mr. Romney included, make or made their money in the financial sector, buying and selling assets rather than building businesses in the old-fashioned sense. Indeed, the soaring share of the wealthy in national income went hand in hand with the explosive growth of Wall Street.'

Krugman is liberal scumbag, everyone knows that...

O.K., it’s easy to mock these people, but the joke’s really on us. For the “we are V.I.P.” crowd has fully captured the modern Republican Party, to such an extent that leading Republicans consider Mr. Romney’s apparent use of multimillion-dollar offshore accounts to dodge federal taxes not just acceptable but praiseworthy: “It’s really American to avoid paying taxes, legally,” declared Senator Lindsey Graham, Republican of South Carolina.and half a sissy And there is, of course, a good chance that Republicans will control both Congress and the White House next year.

[Riot]

Romney camp announces Romney will give individual interviews to every major television station ABC, CBS, NBC, CNN and FOX this afternoon, to try and explain this current ... situation ... of being caught in multiple lies.

Romney has never done this before (he is press-adverse to non-FOX press). Interviews are supposed to be televised on evening newscasts.

Intrade has Romney 14% that he'll plead the 5th at some point.

[bigrun]

Originally Posted by Riot

Romney camp announces Romney will give individual interviews to every major television station ABC, CBS, NBC, CNN and FOX this afternoon, to try and explain this current ... situation ... of being caught in multiple lies.

Romney has never done this before (he is press-adverse to non-FOX press). Interviews are supposed to be televised on evening newscasts.

Intrade has Romney 14% that he'll plead the 5th at some point.

ROR

[Riot]

Originally Posted by bigrun

ROR

Remember how intolerant and a bit superior Mitt was towards Perry, and Gingrich in the primaries, when the questioning got good?

I think his main worry is looking like a condescending arrogant jackass if the reporter actually questions him.

[bigrun]

Originally Posted by Riot

Remember how intolerant and a bit superior Mitt was towards Perry, and Gingrich in the primaries, when the questioning got good?

I think his main worry is looking like a condescending arrogant jackass if the reporter actually questions him.

You mean like he did at the NAACP convention?

[Riot]

Originally Posted by bigrun

You mean like he did at the NAACP convention?

Why would you go into a place where 25% of the demographic will benefit from the ACA, and you tell them you'll take that healthcare away, and you call it the GOP slur, "Obamacare" to their faces for good measure?

'Cause you are cruising for "every vote"? ROFLMAO Hardly. You're being a deliberate douche.

I still think Mitt's team is more inept than cunning. Rove and Crossroads is cutthroat and nasty, but I think Mitt's guys are just incompetent. They've let this Bain thing drag on and on. It's amateur.

Romney just met with Cheney. Let's see what Mr. Evil Politics Cheney told him to do about this Bain disaster.

[bigrun]

Originally Posted by Riot

Why would you go into a place where 25% of the demographic will benefit from the ACA, and you tell them you'll take that healthcare away, and you call it the GOP slur, "Obamacare" to their faces for good measure?

'Cause you are cruising for "every vote"? ROFLMAO Hardly. You're being a deliberate douche.

I still think Mitt's team is more inept than cunning. Rove and Crossroads is cutthroat and nasty, but I think Mitt's guys are just incompetent. They've let this Bain thing drag on and on. It's amateur.

Romney just met with Cheney. Let's see what Mr. Evil Politics Cheney told him to do about this Bain disaster.

Probably tell him to shoot them in the face...

[Danzig]

Originally Posted by bigrun

Krugman is liberal scumbag, everyone knows that...

yeah, i can't believe graham said it's american to avoid paying taxes. what bs. and i'm not happy that romney says he will try to undo the bank regs if he gets in. the softening of regulations is what lead us to the bank bubble..when it burst, it took insurance companies, banks, auto and housing all down with it. so many affected because of rampant speculation and trades run wild.
and look at jp morgan, the news from them keeps getting worse. absolutely ridiculous.
i also donl't like romney espousing building up defense, and the budget that would grow with it. it's already too big.




'... it turned out that modern finance was laying the foundation for a severe economic crisis whose fallout continues to afflict millions of Americans, and that taxpayers had to bail out many of those supposedly brilliant bankers to prevent an even worse crisis. So at least some members of the top 0.01 percent are best viewed as job destroyers rather than job creators.

Did I mention that those bailed-out bankers are now overwhelmingly backing Mr. Romney, who promises to reverse the mild financial reforms introduced after the crisis?

To be sure, many and probably most of the rich do, in fact, contribute positively to the economy. However, they also receive large monetary rewards. Yet somehow $20 million-plus in annual income isn’t enough. They want to be revered, too, and given special treatment in the form of low taxes. And that is more than they deserve. After all, the “common person” also makes a positive contribution to the economy. Why single out the rich for extra praise and perks?

What about the argument that we must keep taxes on the rich low lest we remove their incentive to create wealth? The answer is that we have a lot of historical evidence, going all the way back to the 1920s, on the effects of tax increases on the rich, and none of it supports the view that the kinds of tax-rate changes for the rich currently on the table — President Obama’s proposal for a modest rise, Mr. Romney’s call for further cuts — would have any major effect on incentives. Remember when all the usual suspects claimed that the economy would crash when Bill Clinton raised taxes in 1993?'

[Clip-Clop]

Originally Posted by Danzig

yeah, i can't believe graham said it's american to avoid paying taxes. what bs. and i'm not happy that romney says he will try to undo the bank regs if he gets in. the softening of regulations is what lead us to the bank bubble..when it burst, it took insurance companies, banks, auto and housing all down with it. so many affected because of rampant speculation and trades run wild.
and look at jp morgan, the news from them keeps getting worse. absolutely ridiculous.
i also donl't like romney espousing building up defense, and the budget that would grow with it. it's already too big.

Why do you think they put all the avoidance clauses in there?

[Danzig]

Originally Posted by Clip-Clop

Why do you think they put all the avoidance clauses in there?

been saying for some time that we need tax reform. but expecting congress to fix things would be akin to hiring wolves to guard the sheep.
all we need know comes from that study that came out a few months ago that showed that members of the govt are the ones who have profited during the downturn.

[Clip-Clop]

Originally Posted by Danzig

been saying for some time that we need tax reform. but expecting congress to fix things would be akin to hiring wolves to guard the sheep.
all we need know comes from that study that came out a few months ago that showed that members of the govt are the ones who have profited during the downturn.

Reformation of the tax code has to come first. Simple and clear that doesn't let so many completely off the hook. It is worth paying something to live here.

[Riot]

Originally Posted by Clip-Clop

Reformation of the tax code has to come first. Simple and clear that doesn't let so many completely off the hook. It is worth paying something to live here.

Obama is not renewing the Bush tax gift for income over $250,000. That is a loophole for the wealthy. Do you approve of closing it, or not?

[Clip-Clop]

Originally Posted by Riot

Obama is not renewing the Bush tax gift for income over $250,000. That is a loophole for the wealthy. Do you approve of closing it, or not?

250K is not wealthy. Make it an even buck and I am on board.