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February 28, 2012
Mitt Romney’s acceptance speech, in (mostly) his own words
“I have some great friends that are NASCAR team owners.” — Mitt Romney, Feb. 26
What I object to is that you automatically treat me like an inferior.
I am king.
Oh, king. Very nice.
And how'd you get that? By exploiting the workers.
By hanging on to outdated imperialist dogma which perpetuates the economic and social differences in our society.
A friend emailed me this Romney quote today and I felt the need to share.
Preliminary 2025 Housing Forecasts
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Today, in the CalculatedRisk Real Estate Newsletter: Preliminary 2025
Housing Forecasts
Excerpt:
Towards the end of each year, I collect some housing for...
35 minutes ago
15 comments:
He also makes casual $10,000 bets and his wife drives 2 Cadillacs. Hey, he's a regular working stiff like me. I can relate. He's like me, only 10,000 times more wealthy. He also has fancier underwear.
Mr Slippery,
I can relate. He's positively Daffy. ;)
For those just tuning in...
September 7, 2007
Romney Plan Would Eliminate Some Taxes
Some taxes? It would eliminate ALL my taxes. Why is it that all the relief keeps coming my way? Dividend cuts. Capital gain cuts. And now this? Where will it end? I'm retired. All my money is in savings. I have a decent nest egg. As much as I would like relief coming my way, I'm not the one who actually needs it. At today's interest rates this plan would mean a retired family with $5 million in savings would pay NO income tax. Meanwhile, the poor who live paycheck to paycheck would see absolutely no benefit at all. Does that sound even remotely fair?
Well, if the baby boom can skip paying $10T in taxes, why not let Gens X & Y double it up to $20T.
We are so 日本'd.
Where the 50-70yos think the ~$50T the world owes them is going to come from is puzzling.
I made the same point about Japan recently, Japan's run up a quadrillion of bond debt that its junior highschoolers are going to have to repay somehow.
http://tfw.cachefly.net/snm/images/nm/pyramids/ja-2020.png
Troy,
Well, if the baby boom can skip paying $10T in taxes, why not let Gens X & Y double it up to $20T.
That does seem to be the thinking.
As you imply, if the baby boomers can't afford it then how the heck can we possibly think the next generation can!
Speaking of kings, Pimco's Bond King Bill Gross requires tribute.
Stag,
I was hoping you wouldn't get me started on Romney. Where to begin....
Mitt Romney was a staunch supporter of the Vietnam War. So much so that he decided NOT to enlist. Apparently, military service is like taxes - for the li little people. Especially so during wartime.
What about the draft during Vietnam? Well, initially, Romney avoided the Vietnam draft via a student deferment. More specifically, it was a "ministerial deferment" that allowed Romney to perform missionary work in France while living in a palatial like home!
Not a third world country in Africa but in France of all places.
After toughing it out proselytizingin in France, Romney received a a fortuitously high draft number.
Is it me, or is it just an uncanny coincidence that the sons of the well CONnected and wealthy all seem to have had high draft numbers?
Oh well, at this point, military service is actually a negative for a candidate. Maybe someday being an asset stripper will be a negative too.......nah!
"Mitt Romney was a staunch supporter of the Vietnam War."
I don't think he was a staunch supporter. His father wasn't.
http://antiwar.com/prather/?articleid=11104
It was unfortunate his father used the loaded term "brain-washed" instead of simply "lied to". Apparently, it allowed the MSM to mock him to the point of ending his bid for the presidency. But he showed the honesty to change his mind.
Also, interesting like father, like son here. Mitt hasn't repeated any mis-statements about the wars, but he has rhymed with such ditties as liking to fire insurance companies (um, what was wrong with that?) etc.
AllanF,
http://en.wikipedia.org/wiki/Mitt_romney
From the Wiki-link:
In the Mission Home in Paris he enjoyed palace-like accommodations.[35] Romney's support for the U.S. role in the Vietnam War was only reinforced when the French greeted him with hostility over the matter and he debated them in return.
Romney actually protested against the Vietnam protesters (also from the wikilink):
In May 1966, he was part of a counter-protest against a group staging a sit-in in the university administration building in opposition to draft status tests
In a way, I was wrong about Romney. He had TWO student deferments AND a ministerial deferment. All while being for the war while living in a palace in France of course.
I think Romney is a big phony. Private equity (not to be confused with his consulting work) is asset stripping via debt creation. Yet in Romney's mind, PE is wealth creation. The PE/LBO industry didn't even exist until we went full retard with our credit money system.
AllanF,
http://en.wikipedia.org/wiki/Mitt_romney
From the Wiki-link:
In the Mission Home in Paris he enjoyed palace-like accommodations.[35] Romney's support for the U.S. role in the Vietnam War was only reinforced when the French greeted him with hostility over the matter and he debated them in return.
Romney actually protested against the Vietnam protesters (also from the wikilink):
In May 1966, he was part of a counter-protest against a group staging a sit-in in the university administration building in opposition to draft status tests
In a way, I was wrong about Romney. He had TWO student deferments AND a ministerial deferment. All while being for the war while living in a palace in France of course.
I think Romney is a big phony. Private equity (not to be confused with his consulting work) is asset stripping via debt creation. Yet in Romney's mind, PE is wealth creation. The PE/LBO industry didn't even exist until we went full retard with our credit money system.
Believe me, I don't want to be carrying hod for any of the Romney's, they are Rockerfeller Republicans through and through, but the elder's change of stance was in '67.
And he did change his stance as a result of personal thought and conviction, which is more than can be said for a lot of politicians.
As for the son, did he continue to be staunchly in favor after '68? I dunno, and who cares? Let's not use the 20 y.o. kid to beat-up the 65 y.o. man. Like you point out, there's plenty of other stuff to be critical of.
And my point about being correct on the Vietnam War stance is perhaps his take-away from his father's experience is not to trust the brass at the Pentagon, or any of the rest of the military-industrial complex? That's not such a bad thing in a Chief Executive. Unfortunately though we don't know. His take-away could have been don't cross them. Which is kind of how we've gotten to where we are now.
It'd be nice to know but don't expect anyone in the MSM to ask.
Not a third world country in Africa but in France of all places.
Mitt's French is simply atrocious, too.
You'd think a millionaire who learned the language 40-odd years ago would be totally fluent by now from repeated practice.
http://www.youtube.com/watch?v=xyP2M0DTch8
French!
The Facade of Prosperity needs a leader who looks the part! King Romney!!
Facade
The word comes from the French language, literally meaning "frontage" or "face".
Facade
2. a superficial appearance or illusion of something: They managed somehow to maintain a facade of wealth.
Mitt Romney...let me count the ways I detest the man. Or, why bother. One thing I do believe though, that we need to reinstate the draft, without deferments. And I was rabidly against Vietnam...also Somalia, Grenada, Iraq, et. al. No one in Congress who voted for the Iraq/Afghan war had a family member at risk. Not until Jim Webb was elected to the Senate, and that is long after the vote took place.
The working people's children, faced with no job prospects and an shredded safety net often choose the military as there are no other options for them. Makes it easy for the wealthy and well-connected to be "for" the war, any war, when they have profits to accumulate and no skin in the game.
The children of the working class and the poor are being used as disposable assets. It is deeply unfair and unAmerican.
fried,
The children of the working class and the poor are being used as disposable assets.
This same thought goes through my head when I think of Foxconn.
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