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September 19, 2012 at 2:24 am #604911
c@lbobMemberNot that I every would, not even George Romney, but Willard Mitt Romney? He’s Richie Rich, Chatsworth Osborne, Jr., and Thurston Howell III in one package. He was born on third base and thinks the hit a homer.
While I was working thirty hours a week when classes were in session and sixty when they weren’t; Mitt’s hardship was selling stock to pay rent and tuition.
His vaunted postion in the Latter Day Saints church was set in motion by his missionary work in France, trying to talk the French out of their wine.
He was an inventor of leveraged buyouts, where a tiny investment is repaid hundreds of times over by forcing the company taken over to take out loans to pay management fees. A mafia don in a fancy suit.
Now, he comes out with his true belief. People who vote for Barack are freeloaders and loafers looking for a government handout. He equates the 47% favoring Obama with the same oercentage who pay no taxes, as if they were the same people. Half of the no tax folks are retirees on Social Security – people who are part of his base.
So, his numbers skills are a lie, too,
What’s to like?
September 19, 2012 at 2:32 am #771464
JanSParticipantwhere’s my like button :)
September 19, 2012 at 2:37 am #771465
jamminjMemberThe only people who are going to vote for Mitt are those who cling to their hatred of Obama. Nothing based in policies, or any reality of how republicans have governed the past few decades.
Smaller govt?, not coming from republicans, that’s for sure.
More jobs?, not coming from republicans.
reduce deficits?, not coming from republicans.
But hate and bigotry is what they are voting for when they circle that romney bubble.
September 19, 2012 at 2:41 am #771466
c@lbobMemberJ, are you saying those folks are voting R because Romney is lily white? Say it ain’t so! ;>D
September 19, 2012 at 3:36 am #771467
brewParticipantSeptember 19, 2012 at 4:12 am #771468
jaydMemberNot to be cliche, but…
…Hitler was a proven leader.
Is that all it takes to vote for someone? Oh, and “failed” is mighty subjective.
September 19, 2012 at 4:19 am #771469
grogParticipantThis election is the same all during the past couple of decades, voting against someone rather than for someone.
Our government, the best AND worst parts of our nation.
September 19, 2012 at 4:37 am #771470
jamminjMemberunfortunately, somewhere along the way, we decided money matters above all else. Whomever can raise and spend the most, deserves the presidency. Really, that seems to be our only requirement in our current environment.
And as far as the top can buy politicians, on both sides… it is what we are stuck with. And many are ok with this.
September 19, 2012 at 4:48 am #771471
SmittyParticipantBut hate and bigotry is what they are voting for when they circle that romney bubble
Sincerely
The wonderful economy
September 19, 2012 at 4:50 am #771472
redblackParticipantc@lbob: good to see you here, man. tell charla, “hi.”
so here’s my two bits:
george romney was not an american citizen, right? i mean, willard just admitted that george was born in mexico. (the efficacy of expatriating because you want to marry twelve women is another debate altogether.)
so how did george romney pass muster for candidate for u.s president?
the way i see it, obama should open the debates with, “so, your dad wasn’t a citizen and my dad wasn’t a citizen… so why the hell should i have to show you my birth certificate, amigo?”
September 19, 2012 at 8:17 am #771473
JoBParticipantRedblack
Love that closing line
Brew
Have you asked yourself whether you want to go where Romney would lead you?
Romney’s method of generating income has translated directly into the unemployment numbers we see today and while that might be good for some individual bottom lines.. it sure hasn’t done much for the economy.
September 19, 2012 at 12:22 pm #771474
kootchmanMemberRomney has saved thousands of jobs or created them. His methods result in reallocation of investment capital from non productive, to productive entities. Yea JoB it works that way. Now Romney has been effectively out of Bain Capital for many years. Wear out the old “Bush did it line? This economy is a direct consequence of this president and his hands on the throttle of a trainwreck. He sucks at the job. Let’s just go build his library… tell him thanks for trying.. and get someone in the Oval Office who actually understands how it all works. Let’s see if we can out 23 million folks back to work. Let’s see if we can get the labor participation rate somewhere near “normal”… 8 million early disability retirees, lowest percentage of folks working since the great depression… that’s his record. Hope and Change was a catchy phrase.. Wait and See.. not so much.
September 19, 2012 at 3:39 pm #771475
miwsParticipantThis economy is a direct consequence of this president and his hands on the throttle of a trainwreck.
So, the totally effed up economy (courtesy of wall street) that he inherited from the previous administration, has ceased to exist? Obama started with a clean slate?
Mike
September 19, 2012 at 3:39 pm #771476
DBPMember>>the efficacy of expatriating because you want to marry twelve women is another debate altogether
There’s a place in this world for a guy who wants to marry lots of women. And brother, it ain’t Mexico . . .
There are days when I think you’d need to get your head examined for wanting to marry just one.
September 19, 2012 at 3:55 pm #771477
kootchmanMemberSeptember 19, 2012 at 3:56 pm #771478
kootchmanMembermiws… he has had his four years… no, he did not do a good job. He didn’t make it better. All he did was build a scared constituency that no longer believes therefore they cling. That wall Street “thing” doesn’t play…. man. They got that way with four successive presidents… and the Man from Hope had a central role too. I wold argue the biggest one. RR inherited a crap economy in recession, so did Clinton, so did Bush…. it’s nothing new.
September 19, 2012 at 4:28 pm #771479
JanSParticipantand if Romney doesn’t keep his trap shut, Obama is a shoo-in for the next 4 years…capiche?
September 19, 2012 at 5:17 pm #771480
365StairsParticipantHousing sales of existing homes up 6 months in a row…9% gain in median prices…
Long ways to go to come back…but seems like a + trend…
Who wants / takes credit for this up tick?
Is it sustainable? Is it real or just fluff at election time?
Being a renter myself…I get asked why I don’t buy again…well…after taking a major loss like many did…I certainly don’t have the utmost confidence to jump back in quite yet…
I do hear several close to me buying up “cheap” property for rentals…wonder if this is another cycle that will cause issue later?
Who will take credit?
September 19, 2012 at 7:42 pm #771481
megMember365stairs,
One factor in the uptick in housing is due to historical low interest rates. Also, we seem to have hit a bottom on Dec 2011 in most of the housing markets but not all. Maybe that was the first bottom tho? Who knows?
If you wanted to buy a house, I think it’s not a bad time, esp if you found a house you knew you would be happy with for a “long time”, and you can easily afford it, and you wouldn’t be totally bummed if prices dropped another 10-20%. I just don’t think you can count on the former bubble market with it’s “Housing always goes UP” thinking. I think we will bump along the bottom for a long time, with little ups and downs. And small yet firm recoveries will be all about the local market. Some cities (not Seattle) have REALLY bottomed and if significant new jobs are being created there, their real estate IS coming back, tho more slowly and not to bubble highs. Yet in some other markets there may be more to drop, depending in part on whether Bernanke continues artificially propping up house prices via extraordinary low interest rates derived from his QEs and money printing.
That’s at least 1 factor, as I understand it.
Who will take credit? LOL!
September 19, 2012 at 8:06 pm #771482
megMemberAnother aspect of artificial low interest rates created by Bernanke is Who Exactly is getting gouged by it. There’s still a lot of debt left to unwind from the bubble collapse. It’s deleveraging, and it’s still going on. The deception is in place. Savers are getting their savings sucked dry, to pay for the deleverage (and perhaps they didn’t even participate in the bubble to begin with). I think Bernanke is intentionally, in part, taking money away from the senior citizens & elderly fixed income accounts and their passbook savings accounts, and he is giving it, via low interest rates, to home sellers to help prop up their home prices.
But. Except where new jobs in substantial quantities are being created, it’s just a fake recovery via manipulated market prices. Those who are paying dearly for that, those who have savings accounts bearing almost no interest, are mostly not aware of why this is happening to them. With inflation, their interest is negative. So, they’re losing what little cash they had.
It’s fascinating to me. This manipulation will go on…how long? Draining how many passbook savings accounts, fixed income accounts? Until trillions are unwound.
September 19, 2012 at 8:15 pm #771483
JoBParticipantKootch….
Jobs are not what Romney created.
Wealth is.
The strategies that created that wealth nearly tanked our economy
And all of that happened before Obama was much more than a twinkle in some politicians eye.
But you go on repeating Obama did it like it means something.
September 19, 2012 at 8:31 pm #771484
DBPMember>>Another aspect of artificial low interest rates created by Bernanke is Who Exactly is getting gouged by it. [ . . . ] Savers are getting their savings sucked dry, to pay for the deleverage.
–Spot on as usual, meg. It’s the people like us – people who wisely saved their money and didn’t do anything wrong – who are being made to pay for the foolishness of the spendthrifts and speculators.
There’s something else going on here as well. By keeping rates artificially low, the Banksters are trying to force people like us to move our $$ out of safe investments like CDs and into stocks and bonds. It seems that the vampires on Wall Street are running short of fresh blood . . .
But I’m not going to be a victim; I’m fighting back. The more they tell me to borrow money and go shopping, the more I’m want to SAVE my money and stay home.
America: Learn how to entertain yourselves and do for yourselves. Try to be as self-sufficient as possible. Save your money and don’t buy a lot of useless crap you don’t need.
Screw Wall Street.
September 19, 2012 at 8:45 pm #771485
megMemberYep, DBP -don’t do it, don’t get enticed into their Ponzi games.
I’d rather use whatever money I get to pay for the bare essentials of my life that I can’t produce or barter with friends, and to get things that will last a long time. And keep super-healthy to not need the ‘helpful hand’ of modern medicine, and become super-flexibile in my thinking & in my primitive skills. No “get a guy” for this and thats. Less is more; grow wild. Wake up in the a.m.: everything thought True yesterday, Question it thoroughly again, today.
When I am doing all that above, “they” will still try, but will not find easy ways to enrich themselves by me. And so I hope, in time, they gradually starve and most of them die off. And meanwhile, we relearn the way to live.
September 19, 2012 at 8:57 pm #771486
365StairsParticipantNice thoughtful posts Meg!
September 19, 2012 at 10:06 pm #771487
BostonmanMemberPersonally I think keeping money in a CD right now is foolish. Unless of course you can accept that you are actually losing money when adjusted for inflation. Bonds are junk too and paying nothing. Unfortunatly if you want to make money stocks are where it’s at.
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