US Presidential Election: Tuesday November 6th, 2012
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He's probably planning on saturating the tv markets with a flood of negative ads in September and October.
have a feeling some of the big Democratic donors will also come in around then with their super packs.
A fair number of people seem to be willing to back any politician that's against Obama.
I remember McCain's concession speech, where they booed his mentioning Obama's name.
Is that normal? I'm under the impression that doesn't usually happen. I'd have thought a bunch of white people would find booing the first black president a tad obvious. They were too busy hating to think how that might look I guess.
The boos are 25 seconds in.
Unfortunately its the norm now mate, politics have become tribal like sport it seems. There was a picture somewhere of some bitch Governor in Arizona who pointed her finger right at Obama and was giving him a telling off in front of everyone the disrespectful cow.
Apparently politics was even dirtier in America's past, John Adams in the late 1790s was accused of being a hermaphrodite by some politician, IIRC. So it seems we're making slow progress.
But I'd be surprised if past crowds have booed a presidential concession speech's mention of the winner in the history of television. Not because they loved the winner, just that a concession speech is about dignity, it's a bit pointless to boo the winner when the loser is trying to act dignified! Usually you just cheer the loser's sense of fair play and grace.
But I'd be surprised if past crowds have booed a presidential concession speech's mention of the winner in the history of television. Not because they loved the winner, just that a concession speech is about dignity, it's a bit pointless to boo the winner when the loser is trying to act dignified! Usually you just cheer the loser's sense of fair play and grace.
If I were her I would be more worried about looking as ugly as she does.
Yeah well if he wasnt a big scary black man she wouldnt have done it.
http://tpmdc.talkingpointsmemo.com/2012/07/romney-offshore-ira-tax-avoidance.php?ref=fpb
will be interesting to see how Mittens explains he can have an IRA account worth $100 million.....when the limit is $6000 per year......
I like one comment...the only possible explanation is Romney is 15,000 years old.
will be interesting to see how Mittens explains he can have an IRA account worth $100 million.....when the limit is $6000 per year......
I like one comment...the only possible explanation is Romney is 15,000 years old.
Depends on the type of IRA, how long it has been open, etc. Also, the limits have not always been in place, if I remember right at one time you could invest as much as you wanted but you only got a tax benefit up to certain limits.
SEP IRA's I think you can put in as much as 200K per year, depending on your income.
Not defending him, just saying there may be perfectly legal explanations.
Mittens with offshore accounts? Who would have thunk it.
As I have said I have no real fear that he will get elected, snowballs chance in hell.
As I have said I have no real fear that he will get elected, snowballs chance in hell.
sure it is legal. but one more fact that alienates him from ordinary people.
The Obama team have really built a good narrative about Mittens.
..mind you it was not all that hard. this guy is as out of touch as an alien.
OMG rich guy has a big IRA. that does it I am not voting for him!
More a rich guy with a shady IRA account in the Caymans, plus his accounts in Switzerland, Bermuda, etc. Offshore accounts are for Bond villains and tax cheats. That's the general perception. And given that he's making so much money yet hiding it away to keep from having to pay taxes brings up a lot of questions about him.
Those would be legitimate concerns unlike just being upset that he has a big IRA. Though I not sure you can claim anyone with a foreign bank account is a Bond villain or tax cheat, lol. Mittens would be horrible as a Bond Villain, maybe as side villain #3 who gets electrocuted in his chair by the chief villain.
Though he is probably dumb enough to spill his whole evil plan to Bond before walking out of the room and not making sure he was really killed.
I'm not. I'm saying that many people believe that those with Swiss bank accounts or accounts in the Caymans are perceived as dubious people. Particularly that the accounts are there for them to hide money in.
That's not a Bond villain though,I bet he's done villainous stuff with bonds though, in his time...
Interesting post from Krugman about historical taxation... rates on top earners have halved since the sixties.
Interesting post from Krugman about historical taxation... rates on top earners have halved since the sixties.
The Bermuda account is in his wife's name. Apparently he opend it just before he started running for President the first time. He moved his own money into this account so that it does not need to be disclosed. The trouble is what is legal does not = what is right for a candidate running for President.
these off shore accounts will probably have more legs than his offshoring jobs.
Swiss Bank accounts always have the stigma of mafia and other illegal money being put away so they cannot be investigated.
Mittens candidacy is getting funnier every day.
Sir Matt's got it. The problem isn't "He's got a massive offshore IRA." The problem is that it plays into the narrative that Obama and the democrats have been able to tag Romney with, that he's the epitome of the 1%, and that's Romney's doing as much as Obama's.
"I like to fire people," "I'm not concerned about the very poor," "My wife's got a couple of Cadlliacs", "Bet you ten thousand dollars," plus the car elevator, plus telling amusing anecdotes about his dad laying off hundreds of workers, plus mocking NASCAR fans for wearing plastic rain slicks instead of getting theirs from Saville Row, telling stories about how rough he and his wife had it when they started out, having to live off of money from selling part of his stock portfolio his dad had been giving him since he was a kid.
It all speaks to Romney being a man who has never in his life had real financial stress of the sort most Americans live most of their lives with. Throw in "tax dodger" on top of that, and plenty of people who aren't necessarily big fans of Barack Obama will vote for him because he'll at least have a clue where people are coming from.
"I like to fire people," "I'm not concerned about the very poor," "My wife's got a couple of Cadlliacs", "Bet you ten thousand dollars," plus the car elevator, plus telling amusing anecdotes about his dad laying off hundreds of workers, plus mocking NASCAR fans for wearing plastic rain slicks instead of getting theirs from Saville Row, telling stories about how rough he and his wife had it when they started out, having to live off of money from selling part of his stock portfolio his dad had been giving him since he was a kid.
It all speaks to Romney being a man who has never in his life had real financial stress of the sort most Americans live most of their lives with. Throw in "tax dodger" on top of that, and plenty of people who aren't necessarily big fans of Barack Obama will vote for him because he'll at least have a clue where people are coming from.
If you follow the posts when it was first brought up the poster actually did present it as that in fact was the problem. Hence my extremely tongue in cheek response.
Yeah, I don't actually see anyone saying that. I just see you going "Romney haz offshore bank account? OMGLOLWTF" and people trying to explain to you why this is a problem for Romney.
shouts 1%....the only people who will vote for him are those that hate Obama...votes Obama was never going to get anyway.
Funny because I never said it like that either. But I'll give you a little pat on the head and say "Nice try"Going back to this statement I made. Still feeling the same way, in fact even more so. Really feel that I will be able to turn in early feeling very comfortable that Obama will be re-elected. In fact I think I will sleep quite well that night.
I am sorry I don't share your optimism. I don't underestimate the stupidity of swathes of the American public (no offense) and general voter apathy.
We have yet to see the Romney PACs impact yet.
I am more concerned about the voter suppression laws. They are being challenged. But if they get upheld...we are screwed.
I am more concerned about the voter suppression laws. They are being challenged. But if they get upheld...we are screwed.
Totally agree with your lack of enthusiasm. In fact I feel almost certain Mittens and the Republikans will steal this one once again.
The Republikans know very well they cannot let the economy and unemployment improve, thus they will continue to obstruct any kind of stimulus or growth measures to ensure unemployment stays above 8% and that there will be this continuing stagnation of the economy. And they've got some very strong allies in corporate Amerika to ensure this. Plus, they have this massive, growing war chest to scream and whinge about the ensuing stagnate economy and unemployment, and they will double down on the same ol': Obama is a n*****ger, Muslim, liberal, commie socialist that wasn't born in Amarika etc. And don't forget about this unprecedented movement to disable voters from the democratic ranks. It must not be forgotten, Republikans are capable of anything.
And the mouthbreathing majority of idiotic Amerika will suck it right up and you can count on the Democratic party's traditional lack of spine to be able to deter this message.
It reminds me of Ronald Reagan riding a wave a gross patriotism after Carter had gone through the same economic sabotage, as well as a treasonous foreign policy sabotage in Iran. Thank god Mittens is not Ronnie and Obama is not Carter, and this will make it a lot closer, but imo, not enough.
And surely once the puppet Mittens is in, just like Reagan, they'll allow for stimulus spending, but it will be on their terms, i.e. loads of duckets for the military industrial complex, social spending as in more cops and more and bigger prisons, drill baby drill, the drug war, homeland security, infrastructure that pleases their corporate masters, and surely the huge stash of hidden loot in corporate Amerika's coffers will be open for some investment on their terms . . . all at the expense of the environment, education, workers wages and rights, civil rights, real positive social investment, education and freedom from the police state.
It'll probably stimulate the economy for the short term, just like with Reagan, and the same Republikan machine will be screaming and yelling, "we told you so." Mouthbreathing Amerika will lap it right up and spineless democrats will concede. Of course we'll see what happens to the economy. Remember, just four years after Reagan, an unknown, philandering Democrat Bill Clinton was elected on the slogan, "It's the economy, stupid" after the Republikan economy had gone immediately to shit. Although this time it could be worse after we've seen what happened when the same Republikan economic policies were allowed to flourish under Bush II.
I hate to be such a debbie downer, but barring an economic miracle or a massive Mittens scandal, I can't see Obama winning another round.
you are too pessimistic mate.
short of something drastic happening, Obama should win this...though it will be closer than 2008.
short of something drastic happening, Obama should win this...though it will be closer than 2008.
Yeah, hopefully I'm off. Just do not underestimate Republikans. Just look how fast and furiously they rebounded after the Bush. These guys are as douchey as they need to be. They're capable of anything. Remember the Kennedys?
I've always been told and had thought this is exactly why wealthy people stick their money in foreign accounts - to hide funds from various entities. And yes, organized criminals do/did it too hence the correlation. I believe the American mafia had a huge interest in Cayman accounts.
What do most people think of when you mention Swiss bank accounts?
It has a stigma attached to it. Money from organised crime. That is why the administration is playing this up.
I dont think Romney will be silly enough to have done anything illegal. But he may want to hide income he has received from companies that have less than stellar ways of being profitable...which Romney would not want to be associated with in an election year.
I doubt he is earning a lot of inclome from the money being in these accounts. But in a way this has raised more questions.
It has a stigma attached to it. Money from organised crime. That is why the administration is playing this up.
I dont think Romney will be silly enough to have done anything illegal. But he may want to hide income he has received from companies that have less than stellar ways of being profitable...which Romney would not want to be associated with in an election year.
I doubt he is earning a lot of inclome from the money being in these accounts. But in a way this has raised more questions.
I doubt he'd be foolish enough to think he could get away with actual tax evasion, but I suspect he's got something similar to his deal with Bain wherein he's still making millions from them, couched as capital gains so he can pay lower taxes on it.
this just may gut his chances for teh presidency.
It wont go away and people will have every right to ask him what sort of money and where it came from that he has in these foreign based accounts.
It wont go away and people will have every right to ask him what sort of money and where it came from that he has in these foreign based accounts.
While it may be legal, is it the ethical or moral thing to do when you make $20-30m/yr after retiring? He's organizing his money and portfolio in a way that prevents taxes from being owed or paid and thus giving him a tiny effective tax rate while everyone in his campaign pays a higher tax rate. It's not as though most Americans have the same options of setting up accounts in tax havens and working the loopholes in the fashion he is able to. If he won't keep his money in the US and pay taxes on it as a Presidential candidate, why should anyone else?
Doing so only alienates him further from voters who might be on the fence. He was born with a silver spoon in his mouth and is far from a "normal" guy. W wasn't either, but he presented himself as one and pulled it off. HW Bush was also from the same strata that Romney was, but he postponed college to fight in WWII and was shot down in the Pacific. Romney's own father started the trend of releasing financial disclosures and released 12 years of them so he couldn't hide anything or manipulate it.
I wonder when Obama pulls out the CCR? "Fortunate Son" might as well have been written about Romney.
Doing so only alienates him further from voters who might be on the fence. He was born with a silver spoon in his mouth and is far from a "normal" guy. W wasn't either, but he presented himself as one and pulled it off. HW Bush was also from the same strata that Romney was, but he postponed college to fight in WWII and was shot down in the Pacific. Romney's own father started the trend of releasing financial disclosures and released 12 years of them so he couldn't hide anything or manipulate it.
I wonder when Obama pulls out the CCR? "Fortunate Son" might as well have been written about Romney.
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