Corporate taxes

Republican's claim corporate taxes are too high is a claim based on a fallacy.

Federal corporate taxes collected in 1952 was 6.1% of GDP and fell to 1% in 2010 the LOWEST since 1936.

Two-thirds of all U. S. corporations are S corporations and pay 0 corporate federal taxes and many S corporations are worth billions of  dollars.

Billions of dollars in tax loopholes for big oil enabled Exxon-Mobile to make profits of $82,561.00 per minute last year.

Corporate profits have soared to record highs while the number of people without jobs and living in poverty also soared to record numbers.

The total value of corporations converting to Real Estate Trusts (REIT'S) to avoid paying taxes has increased from $9 billion in 1990 to $451 billion in 2011.  American Tower saved $400 million annually, Equinix saved $150 million annually and Iron Mountain saved $150 million annually by converting to REIT'S.

Romney's political positions

Romney’s political positions

“I’m not familiar with precisely what I said but I stand by what I said, whatever it was.”

Romney’s reply to a reporter.

Romney do you “stand” by these prior positions ?

“I’m not in favor of privatizing Social Security or making cuts.”

“I believe that since Roe v Wade has been the law for 20 years we should sustain and support it.”

“It was not my desire to go off and serve in Vietnam.” 

“I respect and will protect a woman’s right to choose.” 

“I’m not trying to return to Reagan-Bush.” 

“I saw my father march with Martin Luther King.” 

A few examples on which Romney has expressed multiple positions.

Romney is a “flip flopper.”

Romney “will say anything to get elected.”

Romney’s aide  Eric Fehnstrom  said “It’s almost like an Etch a Sketch.  You kind of shake it up and restart all over again.”

When the President must make important decisions such as whether your son/brother/sister/father/mother must go to war and lose their life do you want a president who will “flip flop” or shake an Etch a Sketch and afterwards say “I stand by what I said, whatever it was.”

Will you vote for a president who will “flip flop” “ or shake an “Etch a Sketch” when making  important decisions and says afterwards --“I stand by what I said, whatever it was.”

After Politifact, labeled Romney’s welfare ads as untrue Romney’s  aide Neil Newhouse said “ We’re not going to let our campaign be dictated by fact  checkers.”

At best Romney is a “flip flopper” who will say anything to get elected and who will make life and death decisions as President like you shake an Etch a Sketch or at worst make decisions without regards to the “facts” or his prior position on the issue.

For the first time in history voters on November 6, 2012 can choose from hundreds of candidates for President-- all from one political party—Republican—and all named Eomney.

Hatred for Obama

Thought for the day

Until this week I never really understood  the depth of  Republican hatred against Obama  was such  that they would wreck the American economy to defeat him.  I should have believed:

(1) Rush Limbaugh when he said after Obama was elected and before he assumed office “I hope Obama fails.” 

(2) Republican leaders who have been saying  for four years “our number 1 priority is to defeat Obama.”

(3) Romney when he said “he didn’t worry about 47% of Americans—the poor, retired and disabled.” 

(4) Ryan when he said “30% of Americans want to live off of welfare.”

The Bureau of Labor released its report showing total employment rose by 873,000 in September, 104,000 people were hired in non farm jobs, unemployed persons decreased by 456,000 to 7.8% the lowest in four years.

The 456,000 who got off unemployment the 104,000 who were hired in September are happy to be working and paying their bills along with thoughtful Americans who believe we should care for the poor the disabled and  the unemployed.

Republicans reaction to the Bureau of Labor September report--“Obama cooked the books.” 

Republican reaction to the Bureau of Labor reports showing unemployment  above 8% “Failed Obama economics”

Republican hatred of Obama and their desire to defeat him as president has been of such degree they have thrown 47%  of Americans---the poor and disabled under the bus along with Jim Leherer and Big Bird.

Jim you are fired

Who was the Republican nominee that appeared for the Presidential debate last night is the $64,000.00 question being discussed among thoughtful people today.

Some say it was "there you go again Mitt you like to fire people.

Others believe it was Donald (you are fired) Trump in disguise.

In any event ALL America, including Romney's 47% he does not worry about and Ryan's 30% who want to live on welfare were told in no uncertain terms that PBS will be abolished and the money saved will create twelve million jobs, balance the budget and there will be no national debt for your children and grandchildren to pay.

Like all Republican Presidential nominees for the past 107 years he promised to cut your taxes and pay off over $16 trillion in national debt from the savings of getting rid of the PBS programs "Cat in Hat" and "Dr Seuss."

However the saddest part of the debate was watching the smiling, laughing Republican nominee point his finger at the halpless moderator, Jim Lehrer,  and say "Jim I like PBS and I like you but "you are fired."

Hoover'-Bush succesful businessmen-presidents

American voters have elected two Presidents with well documented business experience and the results in both cases resulted in ECONOMIC DISASTER.
Republican Herbert Hoover produced the Great Depression.  Republican Goeorge Bush produced America's second greatest economic disaster.

Mitt Romney tells Americans his 15 years business experience at Bain Capital created jobs, was successful and qualifies him to be President of the U.S. Thousands of Americans say they lost their jobs when Bain Capital made millions and placed their employer in bankruptcy.  Texas Republican Governor Rick Perry describes Romney's business experience at Bain as "vulture capitalism."

Bain Capial purpose as stated at it's website: "to produce superior investment returns for our investors." 

Romney's tax returns for the years he was CEO at Bain would show whether he created jobs or engaged in "vulture Capitalism" however he refuses to make his tax records public and let you make the decision on his activities at Bain and says "trust me."

The President of the United States is not elected "to produce superior investment returns for the investors of Bain or any other corporation."  The President of the U.S. is elected to be the president of all the people --not just president  for millionaires and billionaires--but President for the poor and disabled yes even the 47% Romney says he "will not worry about."

Faces in Romney-Ryan gatherings

Look closely at the faces of those attending  Romney-Ryan gatherings.  Not exactly the face of America.  You will not see the faces of anyone from the 47% Romney does not worry about because they were not invited.  The faces look more like America's richest 1%.

Romney did not gladhand the natives or hold a press conference for their benefit on his recent trip to Arkansas.  Only 250 of Arkansas's wealthiest who anted up $2 million were invited to attend Romney's  20 minute speech at the duck hotel.

Turnaround to Bush administrations 10/1/12

  70% to 85% of  the Romney-Ryan top advisors and staffers worked for George Bush (little saplin) when America weathered the worst domestic attack since Pearl Harbour, turned out phony reports of weapons of mass destruction which resulted in unnecessary wars in Iraq and Afghanastain, failed to kill Bin Laden in 7 years, and whose "voodoo" economic policies created the second worst economic disaster in America's history.
  The turn around Romney and Ryan are promising will turn American's around for another round with the failed policies of the Bush administration.