Posts Tagged ‘Romney’

Vulture Capitalism. Willard Mitt Romney and Global Economic Collapse

July 22, 2012

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Outrage about Willard Mitt Romney and Tax Evasion by Tom Nash.

July 15, 2012

He has written some coherent posts on Facebook. https://www.facebook.com/tomnash56

Romney is whining over a charge from Obama deputy campaign manager Stephanie Cutter that Romney might have committed a felony by misrepresenting his position at Bain in sworn testimony.

“It’s ridiculous, and of course it’s beneath the dignity of the presidency and of his campaign. He sure as heck ought to say that he’s sorry for the kinds of attacks that are coming from his team.”

Tell ya’ what Mitt, why don’t you release Board minutes from 1999-2002 and tax returns from 1999 forward to prove to Obama how unfair his team’s accusations are.

After all, the president released his birth certificate in response to whining from the right.

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Harry Reid and President Barack Obama are pushing for tax cuts applied to all earnings under $250,000, that applies even for a billionaire’s regular income.

The Democratic proposal includes these provisions: a 20 percent capital gains rate on those earning over $250,000; and estate taxes on estates over $3.5 million.

So the moneyed elites will still get very favorable tax treatment just because they didn’t have to break a sweat, punch a clock, or even show up in order to earn their money. Everybody, including the wealthy will get a tax break extension on the first quarter of a million of non-capital gains taxable income.

Sounds like a sweet deal for the rich, right?

“What the President is proposing is therefore a massive tax increase on job creators and on small business. Small businesses are overwhelmingly being taxed not at a corporate rate, but at the individual tax rate. So successful small businesses will see their taxes go up dramatically and that will kill jobs.” (Mitt Romney)

Unfortunately it’s not as sweet of a deal as they want. As far as the “small business” crap goes, they will pay modest 4% increase on income above $250,000. If they don’t want to pay it, all they have to do is leave the excess in their business. Like maybe use it to create a job or 2 for a change.

With wealth disparity so severe that the richest 400 Americans own more than the bottom 150,000,000 Americans, it’s about time we reinstated a modest estate tax.

For you Fox News people who don’t understand my terminology:
Estate Tax=Death Tax
Billionaires=Job Creators
In right wing buzzword gibberish.

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In sworn testimony establishing residency status in Massachusetts to run for governor Romney noted that he regularly traveled back to Massachusetts and “remained on the board of the Staples Corporation and Marriott International, the Life Like Corporation” at the time.

Yet a 2011, federal disclosure form filed as part of his presidential bid, he said:”Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way.”

There are liars, damned liars, then there’s Mitt Romney.

Bubble Up Economics

June 9, 2012

What IS “Bubble Up Economics” and how does it work? Simply put, increase minimum wage and all those workers will have more money to spend at American Businesses. The increased sales will cause a need to hire more workers. The increased profits will cause more money to be paid in taxes and increased earnings by stockholders. Everyone WINS.

 

We have tried “Trickle Down Economics” for decades and it has clearly failed. Why not try something different? I have found that when I try something and it fails, and then I try the same thing and it fails again and the it continues to fail for the third, fourth and fifth time… It’s time to notice the trend and try something different. DUH.

http://vandergreg.blogspot.com/2013/02/who-could-possibly-be-in-favor-of.html

Who could possibly be in favor of keeping Cannabis Illegal? Corporations that are in the business of incarceration.
Follow the money: Law Enforcement makes money by arresting people, bringing them to trial and then warehousing them in jail. While REAL crime is on the wane, cannabis arrests are easy and low risk. REAL criminals are often dangerous.

Corporations that make products that compete with hemp. Let’s suppose the corporation makes paper, rope, cloth or medicine… Those businesses would lose sales to hemp. Who makes these products? The Koch Brothers. Paper Towels… Oil… Polymers… http://en.wikipedia.org/wiki/Koch_Industries

and who makes Nylon Rope? Dupont. http://en.wikipedia.org/wiki/DuPont

and who makes Cotton Clothes? http://www.cottoninc.com/ and http://www.uscotton.com/ if farmers made cloth from hemp… the cotton business would have increased competition…

and… Pharmaceutical Manufacturing Corporations. Imagine if a patient grew their own medicine? No profit for the pill makers… Some medicines are extremely addictive and dangerous to the health of the patients… All the makers of opium based medicines would face increased competition from the medical marijuana industry. http://en.wikipedia.org/wiki/List_of_pharmaceutical_companies

and… Recreational Drug Manufacturers… Beer, Wine and Whiskey… If there was FREEDOM OF CHOICE, many people would leave the booze on the shelf. No Cirrhosis, No Hangovers, No AA meetings…

and… Criminals who currently grow and sell Marijuana. Big Business here in the USA and Mexico. HUGE.

and… The DEA seizes property…
http://www.ocweekly.com/2013-02-07/news/anaheim-remedy-tree-ogden-memo-dea-kush-expo/

and… The ATF sells guns to Mexican Drug Gangs. Operation Fast and Furious… http://en.wikipedia.org/wiki/ATF_gunwalking_scandal

That’s who is in favor of keeping Cannabis Illegal.

An open letter to Republicans. by Tom Nash

June 3, 2012

Do you miss the good old days when conservative Republican statesmen were thoughtful, considerate, kindly gentlemen like Barry Goldwater and Ronald Reagan? Do you yearn for a time when civility, propriety and decorum ruled the day? Are you fed up with the regressive, belligerent, obstructionist stridency of the current Republican Party?

On behalf of the Democratic Party, I am putting out the welcome mat to any patriotic Republicans who are unhappy with the decline of your party. You will find us to be a friendly, civilized party who champion the American principles of freedom, fairness, justice, tolerance, integrity and truth. We appreciate civil discourse and diverse opinion, so there’s plenty room over here for anybody who truly loves America.

You could be one of those Blue Dog Democrats. They are basically reasonable, conservative, decent Christian folks who believe that we can all work together to solve America’s problems. They would probably be Republicans if they could tolerate the smell over there. Most of them are about as conservative as President Reagan was.

Christian patriots are welcome too. All of the Democrat Presidents down through history have been good Christians. Despite what you hear on Fox News about President Obama being an Islamic terrorist, he is actually a devout Christian who practices good family values. Jimmy Carter was even a born again Southern Baptist. What would Jesus do? He was a man of peace who healed the sick and fed the poor. With values like that, he wouldn’t feel very welcome in today’s Republican Party.

So anyhow, come on over here and join with the Democrats for the betterment of America. We can all work together to undo the damage caused by that radical Republican free market agenda that concentrates all the wealth at the top. We can rebuild the middle class back to those good ole days before trickle down economics. We can create new opportunities for our children to prosper. We can rebuild our crumbling infrastructure and make our schools great again. Even rich Republicans would be wise to join with us. When the middle class is healthy again, they will spend lots of money, and you can get even richer.

Your new Democrat friend,
Tom Nash


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