Thread: Mitt Romney

Originally Posted by attaboy

How long will it take for the investment banks to begin buying up solid real banks in order to shore up their out of whack balance sheets? They have done it before what keeps them from doing it again? Swallowing up the healthy to alleviate the symptons of the abusive sick.

Finally we agree on something here. This is a real problem and one capable of tanking the economy all over again.

OK, now let's see Obama's transcripts. Word is his SAT scores were lower than Dubya's so maybe that's why they've been 'off limits'.



The Bro Gotta Go

"He has had some trouble with genetics".



Where's Maths or economics by the way? I would think they're quite important ones. Have they edited out the bad ones?

I notice Geography is missing as well...

i just put clint eastwood in the bin.
apparently he supports mitt romney.
to be president.

Originally Posted by billy the kid

i just put clint eastwood in the bin.
apparently he supports mitt romney.
to be president.

Well I'd assume Clint is a multimilllionaire and likes Romney's tax policies for the rich.

Originally Posted by Boon Mee

Word is his SAT scores were lower than Dubya's so maybe that's why they've been 'off limits'.

Whose word?

Obama graduated magna cum laude from Harvard. I don't think that Harvard hands out titles like that to any old c- student..

^ Boon is talking about his SAT scores. SAT scores are used to determine what degree of knowledge a student has gained thus far in their life (usually 17 or 18 years old). They are part of the qualifications reviewed by universities to determine whether the student is accepted.

Obama in his first book, Dreams From My Father, admitted to adopting the islander attitude of smoking pot and kicking back. He says he seldom attended classes in high school. So his SATs could have been less than stellar. Maybe that's why he attended Occidental College his first year.


We don't know the grading system used at Harvard at that time and we don't know the attitude lecturers had toward the grading system. How many of Obama's finals were oral exams? US universities offer oral exams in lieu of written exams. Written exams are said to discriminate against some students. Oral exams allow for those students to feel less pressure than that experienced during a cold soulless test copied on stark white paper.

If Obama did take oral exams who is to say that lecturers, recognizing that Obama was a "rock star", did not lead him thru the exam or even worse Obama and the lecturer simply sat and bullshitted for two hours seeing how they were of the same political persuasion?


On a side note, the locals of Hawaii have a collectivist attitude similar to Thailand and Indonesia. Obama lived in Hawaii moved to Indonesia and returned to Hawaii to attend prep school. So 18 years of his life were lived immersed in a culture of collectivism.

^
And besides, it's a great diversion from Romney's Income Taxes.

The Birther thing has pretty much had the wind kicked out of it. So pointless questions about Obama's "...rock star....? status, his SAT scores,
the testing methods at Harvard and the validity of his accomplishments there, combine to be the new "go to" talking point whenever the subject that everyone is asking about--Romney's Income Taxes and his refusal to reveal them--comes up.

Won't work.

Hope they try.

Retired porn star Jenna Jameson waded into the 2012 presidential race on Thursday, choosing a San Francisco strip club as the venue to announce her support for GOP presidential hopeful Mitt Romney.

"I'm very looking forward to a Republican being back in office," Jameson said while sipping champagne in a VIP room at Gold Club in the city's South of Market neighborhood. "When you're rich, you want a Republican in office."
Jenna Jameson Endorses Mitt Romney: 'When You're Rich, You Want A Republican In Office'

An honest endorsement. Heck, why not- Mitt needs all the help he can get. Family values be damned.

What respectable news agency would run a story like that? How many sources other than Harry Reid did they dig up? Do they have three sources? Who with any self respect would run that story?

Originally Posted by attaboy

On a side note, the locals of Hawaii have a collectivist attitude similar to Thailand and Indonesia. Obama lived in Hawaii moved to Indonesia and returned to Hawaii to attend prep school. So 18 years of his life were lived immersed in a culture of collectivism.

Where did that amazing little tidbit come from?

Originally Posted by barbaro

Has Romney said he'll cut taxes on the top rate?

Seems some confusion but from this blog:

"Romney’s plan, if implemented, would reduce taxes for the wealthiest 5 percent of Americans but increase taxes for everybody else."

A Day Later, Romney And Allies Still Have No Answers For Devastating Analysis Of His Tax Plan | The New Republic

There is just so much misinformation floating around about the tax issue.

My understanding it that Romney endorses the Ryan tax plan, which seems like a sensible one

The FY 2013 budget release is out this morning from Congressman Paul Ryan's (R-Wisc.) Budget Committee. There are lots of good spending cuts and reforms at its heart, but there's also a great, pro-growth tax plan Congressman Ryan developed with the House Ways and Means Committee which should not be overlooked.
The main details are:
Revenue neutrality. The budget calls for the House Ways and Means Committee to produce a tax reform package with a tax revenue target of between 18 and 19 percent of GDP. This is in line with historical revenue figures. By contrast, big government budgets like "Gang of Six," "Simpson-Bowles," and the Obama budget call for a long-range revenue target of over 20 percent of GDP. The Ryan budget is a no tax hikes budget.
Six personal rates down to two. The Ryan budget replaces the current six-rate personal income tax structure (10, 15, 25, 28, 33, and 35 percent) with a two-rate system of 10 and 25 percent. This will result in a lower tax rate on the majority of small business profits, from 33 or 35 percent down to 25 percent.
Repeals Obamacare tax hikes. The Ryan budget eliminates the entire Obamacare law. This includes repealing the 20 new or higher taxes which have taken or are about to take effect from that law.
Eliminate the AMT. The Ryan budget eliminates the AMT, instead favoring a simpler system with lower rates and a broad tax base.
Lower rates on businesses. As said above, the Ryan budget lowers the tax rate on the majority of small business profits to 25 percent. It also lowers the federal income tax rate on larger corporate employers from 35 percent (the highest in the developed world) to 25 percent (closer to the developed nation average). While this makes American companies more competitive, it would still leave us with a higher corporate income tax rate than the developed nation average, Canada, and the United Kingdom. In order to make us truly internationally-competitive, the federal rate must fall to 20 percent or less.
No more picking winners and losers in the tax code. In order to target revenues at 18-19 percent of GDP with tax rates no higher than 25 percent, the Ways and Means Committee will have to curtail or eliminate most tax exclusions, adjustments, deductions, and credits. That means that all consumed income will be taxed once and only once. No longer will the tax code favor one type of economic behavior over another.
Moves tax code from "worldwide taxation" to "territoriality." The Ways and Means Committee is directed to shift our tax code from one which seeks to tax income earned all over the world to one which only seeks to tax income earned in America. This is known as "territoriality," and it's already been adopted by and large by our trading competitors. By retaining a worldwide tax regime, we're exposing our own countries to double taxation--once when they pay the foreign nation's income tax, and again when they try to bring the money home. We've written much more about this topic here.
Open questions remain. Now the questions shift to the Ways and Means Committee. They have a broad mandate, but many details remain. These include, but are not limited to:

• What will the tax rate on capital gains and dividends be? In a pure consumption base with a corporate layer of taxation, the correct rate should be "zero." That applies to capital gains realized by corporations, too.
• Will the new tax system allow companies to immediately-deduct ("expense") all business input costs, including assets and intangibles? We need to move away from the unfair depreciation/amortization system which delays and denies legitimate business cost deductions.
• How will the committee deal with the problem that the corporate rate federally must come down to 20 percent or less for American employers to be truly competitive around the globe?
• What will the committee do with the death tax (including the gift tax and generation-skipping transfer tax components)? In a pure consumption base, this would not exist at all, since it's a redundant second tax on savings. Will the committee let the death tax return to 55% with a $1 million exemption? Will it adopt the Obama proposal of a 45% death tax with a $3.5 million exemption? Will it continue the present law treatment with a 35% death tax and a $5 million exemption ($10 million for married couples)? Will it reduce the present rate? Will it eliminate the death tax entirely? There is a lot of uncertainty here.
• How will the committee deal with the payroll tax? There is currently a 2 percentage point Social Security tax holiday in effect. Will that continue? Will the payroll tax be integrated into the income tax, as the Heritage Foundation plan proposes, or will it be retained in its current form to allow for personal retirement accounts?

Read more: Americans for Tax Reform : Paul Ryan Budget's Tax Plan Is Pro-Growth and Common Sense

Sadly seems like very few in the political arena wish to honestly address the taxation issue.

Perhaps this is where a new law should be implemented; If a politician lies to you about taxes, he should be pilloried for a week in the recreation yard of the nearest state penitentiary.

Hey Mitt the Twit: You didn't "build that".

Critics note that while Romney likes to take credit for turning around the 2002 Winter Olympics, which had been savaged by an international bribery scandal, the federal government pumped more than $340 million into Utah, funding about 18 percent of the Games’ overall cost. If money for rebuilding Interstate 15 in Utah and adding light rail are included, the federal total rounds up to $1.3 billion.

Originally Posted by quimbian corholla

Obama graduated magna cum laude from Harvard. I don't think that Harvard hands out titles like that to any old c- student..

Do you have a credible link to support that statement?

Originally Posted by Boon Mee

Do you have a credible link to support that statement?

Which bit? The 'magna cum laude' part? He's been putting it on his resume for decades, I think if it wasn't true then somebody at Harvard might have said something by now..

The "c- student" bit? Are you seriously trying to question the entire academic credibility of Harvard Law School?

Originally Posted by Boon Mee

Originally Posted by quimbian corholla

Obama graduated magna cum laude from Harvard. I don't think that Harvard hands out titles like that to any old c- student..

Do you have a credible link to support that statement?

"We have a president, who I think is is a nice guy, but he spent too much time at Harvard, perhaps." —Mitt "The Twit" Romney, who has two Harvard degrees (April 5, 2012)

Originally Posted by quimbian corholla

Originally Posted by Boon Mee

Do you have a credible link to support that statement?

Which bit? The 'magna cum laude' part? He's been putting it on his resume for decades, I think if it wasn't true then somebody at Harvard might have said something by now..

Not so sure about that. Remember, Obama has gone to great lengths to hide his scholastic record. Considerable amount of money too from reports as well.

W/regard to him putting that claim on his resume (CV), people have been known to exaggerate their past, eh?

Originally Posted by harrybarracuda

Originally Posted by billy the kid

i just put clint eastwood in the bin.
apparently he supports mitt romney.
to be president.

Well I'd assume Clint is a multimilllionaire and likes Romney's tax policies for the rich.

Or, perhaps, he's just plain sick of the transformation of America under Obama, eh?

Nah, he's just rich. Knows which party== less tax.