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From Etch-A-Sketch To Sketchy
Topic Started: Oct 18 2012, 07:57 PM (626 Views)
catdaddy25
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Romney’s stonewalling was so obvious that it opened the way for one of Obama’s most effective lines of the evening: “If somebody came to you, Governor, with a plan that said, here, I want to spend $7 or $8 trillion, and then we’re going to pay for it, but we can’t tell you until maybe after the election how we’re going to do it, you wouldn’t have taken such a sketchy deal. And neither should you, the American people, because the math doesn’t add up.” Obama sought to make that point in the last debate. This time he had a metaphor and a story to go with the arithmetic.
Here was Romney on Tuesday: “I will not under any circumstances reduce the share that’s being paid by the highest-income taxpayers.” Here was Bush in 2000: “The facts are, after my plan, the wealthiest of Americans pay more taxes of the percentage of the whole than they do today.”

This really matters: Romney intends, as Bush did, to push for steep tax cuts for the wealthy. His only pledge is that he’ll keep the share of the total tax take paid by the wealthy unchanged, presumably by reducing other taxes too. And this is supposed to lead to lower deficits? How?

http://www.nationalmemo.com/from-etch-a-sketch-to-sketchy/trackback/
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Mal

Everything that comes out of the mouth of Mitt is a lie, he is sick and needs help.
n response to a question about equal pay for women during the presidential debate Tuesday night, Republican nominee Mitt Romney boasted that as governor of Massachusetts, he was so frustrated by the lack of qualified female candidates for positions in his cabinet that he sent women’s groups out to actively recruit them.

“I went to a number of women's groups and said, 'Can you help us find folks?' and they brought us whole binders full of women,” he said.

Romney’s account of that story is false, according to two women who led an effort in 2002 to recruit female candidates to high-level appointed positions in Massachusetts. MassGAP, a bipartisan coalition of women’s groups dedicated to increasing the number of women appointed to top government jobs, approached Romney and his Democratic challenger Shannon O’Brien before the 2002 gubernatorial election and pressured them to sign a pledge to appoint more women if elected.

“It was an initiative of women’s organizations, not to force [Romney’s] hand, but to make it be something he had to follow through on,” Carol Hardy-Fanta, former co-chair of MassGAP’s higher education subcommittee, told The Huffington Post the morning following the debate. "He didn't go out looking for these binders.”
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memdear70
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Corporate exec's and rich people have a language of their own. They talk this double talk because they have a captive audience and because they are "who they are" they don't fear being challenged. Their take is nobody understands the lingo but us anyway.
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Mal

Romney is a pathological liar he would have no campaign without lying.

http://www.nytimes.com/2012/10/19/opinion/krugman-snow-job-on-jobs.html?_r=1
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TommyT
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Mal
Oct 19 2012, 09:29 AM
Romney is a pathological liar he would have no campaign without lying.
http://www.nytimes.com/2012/10/19/opinion/krugman-snow-job-on-jobs.html?_r=1
I wonder how his equating single parenthood to gun violence is going to play over.
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catdaddy25
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Not one Obama Hater in here has or will explain how Romney can increase the Bush tax cut and with what revenue?
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Mal

Romney lies about everything even his political views are sketchy.

http://www.huffingtonpost.com/benjamin-knoll/mitt-romney-mormonism_b_1975540.html?utm_hp_ref=politics
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Snidely Whiplash
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catdaddy25
Oct 19 2012, 03:02 PM
Not one Obama Hater in here has or will explain how Romney can increase the Bush tax cut and with what revenue?
OK. I addressed this in it's broadest scope when I first started posting here.

The government doesn't need our money, ie revenue from taxes, period. Goverment spending is not contingent on "revenue". It is the source, the creator of our currency. When the government collects money in taxes for example, it's merely getting back liabilities.

When unemployment remains high, cutting taxes helps some though it is not the method that is best at job creation. The government needs to actually create or spend more money to provision or employ the private sector. Also, the government can do things like debt forgiveness and/or restructure debt held by the public. This essentially is what happened under TARP and the QEs that the FED and the government authorized.
Ok, I'm gettng in the weeds here so I'll come full circle back to Romney and Obama.
Obama unfortunately buys into this tax cutting/revenue meme the republicans speak ad nauseum about. I believe many do this is for nefarious reasons. The bottom line is, as a theoretical principle, the deficits don't matter. Budget constraints are the issue and that is political. You'll note the debt ceiling is often raised, the economy continues to chug along, and the markets generally react well.
Edited by Snidely Whiplash, Oct 19 2012, 05:23 PM.
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catdaddy25
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psalongo
Oct 19 2012, 05:21 PM
catdaddy25
Oct 19 2012, 03:02 PM
Not one Obama Hater in here has or will explain how Romney can increase the Bush tax cut and with what revenue?
OK. I addressed this in it's broadest scope when I first started posting here.

The government doesn't need our money, ie revenue from taxes, period. Goverment spending is not contingent on "revenue". It is the source, the creator of our currency. When the government collects money in taxes for example, it's merely getting back liabilities.

When unemployment remains high, cutting taxes helps some though it is not the method that is best at job creation. The government needs to actually create or spend more money to provision or employ the private sector. Also, the government can do things like debt forgiveness and/or restructure debt held by the public. This essentially is what happened under TARP and the QEs that the FED and the government authorized.
Ok, I'm gettng in the weeds here so I'll come full circle back to Romney and Obama.
Obama unfortunately buys into this tax cutting/revenue meme the republicans speak ad nauseum about. I believe many do this is for nefarious reasons. The bottom line is, as a theoretical principle, the deficits don't matter. Budget constraints are the issue and that is political. You'll note the debt ceiling is often raised, the economy continues to chug along, and the markets generally react well.
So the Romney plan do not add up.
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Snidely Whiplash
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Based on what I've heard of his plan, yes and no. Cutting taxes will do little for the economy especially employment.
Reducing spending will reduce the deficits of course but this will be of more harm than good.
Getting rid of obamacare will be a good thing overall.
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