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Topic: What Mitt Romney Really Represents
Bestinshow's photo
Sun 09/23/12 07:02 AM
It's not just his giant income or the low tax rates he pays on it. And it's not just the videotape of him berating almost half of America, or his endless gaffes, or his regressive budget policies.

It's something that unites all of this, and connects it to the biggest underlying problem America faces -- the unprecedented concentration of wealth and power at the very top that's undermining our economy and destroying our democracy.

Romney just released his 2011 tax returns, showing he paid $1.9 million in taxes on more than $13 million of income last year -- for an effective tax rate of 14.1 percent. (He released his 2010 return in January, showing he paid an effective tax rate of 13.9 percent.)

American has had hugely wealthy presidents before -- think of Teddy Roosevelt and his distant cousin, Franklin D. Roosevelt; or John F. Kennedy, beneficiary of father Joe's fortune.

But here's the difference. These men were champions of the working class and the poor, and were considered traitors to their own class. Teddy Roosevelt railed against the "malefactors of great wealth," and he busted up the oil and railroad trusts.

FDR thundered against the "economic royalists," raised taxes on the wealthy, and gave average working people the right to form unions -- along with Social Security, unemployment insurance, a minimum wage, and a 40-hour workweek.

But Mitt Romney is not a traitor to his class. He is a sponsor of his class. He wants to cut their taxes by $3.7 trillion over the next decade, and hasn't even specified what "loopholes" he'd close to make up for this gigantic giveaway.

And he wants to cut benefits that almost everyone else relies on -- Medicare, Medicaid, Social Security, food stamps, unemployment insurance, and housing assistance.

He's even a warrior for his class, telling his wealthy followers his job isn't to worry about the "47 percent" of Americans who won't vote for him, whom he calls "victims" and he berates for not paying federal incomes taxes and taking federal handouts.

(He mangles these facts, of course. Almost all working Americans pay federal taxes -- and the federal taxes that have been rising fastest for most people are Social Security payroll taxes, which aren't collected on a penny of income over $110,100. Moreover, most of the "47 percent" whom he accuses of taking handouts are on Medicare or Social Security -- the biggest "entitlement" programs -- which, not incidentally, they paid into during their working lives.)

Money means power. Concentrated wealth at the top means extraordinary power at the top. The reason Romney pays a rate of only 14 percent on $13 million of income in 2011 -- a lower rate than many in the middle class -- is because he exploits a loophole that allows private equity managers to treat their income as capital gains, taxed at only 15 percent.

And that loophole exists solely because private equity and hedge fund managers have so much political clout -- as a result of their huge fortunes and the money they've donated to political candidates -- that neither party will remove it.

In other words, everything America is learning about Mitt Romney -- his tax returns, his years at Bain Capital, the video of his speech to high-end donors in which he belittles half of America, his gaffes, the budget policies he promotes -- repeat and reenforce the same underlying reality.

So much wealth and power have accumulated at the top of America that our economy and our democracy are seriously threatened. Romney not only represents this problem. He is the living embodiment of it.
http://www.opednews.com/articles/What-Mitt-Romney-Really-Re-by-Robert-Reich-120921-470.html


http://robertreich.org/
Chancellor's Professor of Public Policy at the University of California at Berkeley, was Secretary of Labor in the Clinton administration. Time Magazine named him one of the ten most effective cabinet secretaries of the last century.

lilott's photo
Sun 09/23/12 07:31 AM
I don't buy the fair share thing. When I was working I was paying about 20% in taxes which amounted to a tax bill of $4500. That's a far cry from 1.9 million.

Conrad_73's photo
Sun 09/23/12 07:37 AM
Edited by Conrad_73 on Sun 09/23/12 07:52 AM

It's not just his giant income or the low tax rates he pays on it. And it's not just the videotape of him berating almost half of America, or his endless gaffes, or his regressive budget policies.

It's something that unites all of this, and connects it to the biggest underlying problem America faces -- the unprecedented concentration of wealth and power at the very top that's undermining our economy and destroying our democracy.

Romney just released his 2011 tax returns, showing he paid $1.9 million in taxes on more than $13 million of income last year -- for an effective tax rate of 14.1 percent. (He released his 2010 return in January, showing he paid an effective tax rate of 13.9 percent.)

American has had hugely wealthy presidents before -- think of Teddy Roosevelt and his distant cousin, Franklin D. Roosevelt; or John F. Kennedy, beneficiary of father Joe's fortune.

But here's the difference. These men were champions of the working class and the poor, and were considered traitors to their own class. Teddy Roosevelt railed against the "malefactors of great wealth," and he busted up the oil and railroad trusts.

FDR thundered against the "economic royalists," raised taxes on the wealthy, and gave average working people the right to form unions -- along with Social Security, unemployment insurance, a minimum wage, and a 40-hour workweek.

But Mitt Romney is not a traitor to his class. He is a sponsor of his class. He wants to cut their taxes by $3.7 trillion over the next decade, and hasn't even specified what "loopholes" he'd close to make up for this gigantic giveaway.

And he wants to cut benefits that almost everyone else relies on -- Medicare, Medicaid, Social Security, food stamps, unemployment insurance, and housing assistance.

He's even a warrior for his class, telling his wealthy followers his job isn't to worry about the "47 percent" of Americans who won't vote for him, whom he calls "victims" and he berates for not paying federal incomes taxes and taking federal handouts.

(He mangles these facts, of course. Almost all working Americans pay federal taxes -- and the federal taxes that have been rising fastest for most people are Social Security payroll taxes, which aren't collected on a penny of income over $110,100. Moreover, most of the "47 percent" whom he accuses of taking handouts are on Medicare or Social Security -- the biggest "entitlement" programs -- which, not incidentally, they paid into during their working lives.)

Money means power. Concentrated wealth at the top means extraordinary power at the top. The reason Romney pays a rate of only 14 percent on $13 million of income in 2011 -- a lower rate than many in the middle class -- is because he exploits a loophole that allows private equity managers to treat their income as capital gains, taxed at only 15 percent.

And that loophole exists solely because private equity and hedge fund managers have so much political clout -- as a result of their huge fortunes and the money they've donated to political candidates -- that neither party will remove it.

In other words, everything America is learning about Mitt Romney -- his tax returns, his years at Bain Capital, the video of his speech to high-end donors in which he belittles half of America, his gaffes, the budget policies he promotes -- repeat and reenforce the same underlying reality.

So much wealth and power have accumulated at the top of America that our economy and our democracy are seriously threatened. Romney not only represents this problem. He is the living embodiment of it.
http://www.opednews.com/articles/What-Mitt-Romney-Really-Re-by-Robert-Reich-120921-470.html


http://robertreich.org/
Chancellor's Professor of Public Policy at the University of California at Berkeley, was Secretary of Labor in the Clinton administration. Time Magazine named him one of the ten most effective cabinet secretaries of the last century.
Robert Reich!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Another Keynesien pro-Union one!
You joking,ain't you?
Another one who has helped to bring the Nation to what it is today!
and................................


a Buddy of Krugman!laugh

Statists par excellence,bar none!

Guy is so leftwing,he flies around in a Circle!rofl

Bestinshow's photo
Sun 09/23/12 07:47 AM


It's not just his giant income or the low tax rates he pays on it. And it's not just the videotape of him berating almost half of America, or his endless gaffes, or his regressive budget policies.

It's something that unites all of this, and connects it to the biggest underlying problem America faces -- the unprecedented concentration of wealth and power at the very top that's undermining our economy and destroying our democracy.

Romney just released his 2011 tax returns, showing he paid $1.9 million in taxes on more than $13 million of income last year -- for an effective tax rate of 14.1 percent. (He released his 2010 return in January, showing he paid an effective tax rate of 13.9 percent.)

American has had hugely wealthy presidents before -- think of Teddy Roosevelt and his distant cousin, Franklin D. Roosevelt; or John F. Kennedy, beneficiary of father Joe's fortune.

But here's the difference. These men were champions of the working class and the poor, and were considered traitors to their own class. Teddy Roosevelt railed against the "malefactors of great wealth," and he busted up the oil and railroad trusts.

FDR thundered against the "economic royalists," raised taxes on the wealthy, and gave average working people the right to form unions -- along with Social Security, unemployment insurance, a minimum wage, and a 40-hour workweek.

But Mitt Romney is not a traitor to his class. He is a sponsor of his class. He wants to cut their taxes by $3.7 trillion over the next decade, and hasn't even specified what "loopholes" he'd close to make up for this gigantic giveaway.

And he wants to cut benefits that almost everyone else relies on -- Medicare, Medicaid, Social Security, food stamps, unemployment insurance, and housing assistance.

He's even a warrior for his class, telling his wealthy followers his job isn't to worry about the "47 percent" of Americans who won't vote for him, whom he calls "victims" and he berates for not paying federal incomes taxes and taking federal handouts.

(He mangles these facts, of course. Almost all working Americans pay federal taxes -- and the federal taxes that have been rising fastest for most people are Social Security payroll taxes, which aren't collected on a penny of income over $110,100. Moreover, most of the "47 percent" whom he accuses of taking handouts are on Medicare or Social Security -- the biggest "entitlement" programs -- which, not incidentally, they paid into during their working lives.)

Money means power. Concentrated wealth at the top means extraordinary power at the top. The reason Romney pays a rate of only 14 percent on $13 million of income in 2011 -- a lower rate than many in the middle class -- is because he exploits a loophole that allows private equity managers to treat their income as capital gains, taxed at only 15 percent.

And that loophole exists solely because private equity and hedge fund managers have so much political clout -- as a result of their huge fortunes and the money they've donated to political candidates -- that neither party will remove it.

In other words, everything America is learning about Mitt Romney -- his tax returns, his years at Bain Capital, the video of his speech to high-end donors in which he belittles half of America, his gaffes, the budget policies he promotes -- repeat and reenforce the same underlying reality.

So much wealth and power have accumulated at the top of America that our economy and our democracy are seriously threatened. Romney not only represents this problem. He is the living embodiment of it.
http://www.opednews.com/articles/What-Mitt-Romney-Really-Re-by-Robert-Reich-120921-470.html


http://robertreich.org/
Chancellor's Professor of Public Policy at the University of California at Berkeley, was Secretary of Labor in the Clinton administration. Time Magazine named him one of the ten most effective cabinet secretaries of the last century.
Robert Reich!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Another Keynesien pro-Union one!
You joking,ain't you?
Another one who has helped to bring the Nation to what it is today!
Iam not surprised that someone from Zurich is so uninformed about america.

Conrad_73's photo
Sun 09/23/12 07:55 AM
Edited by Conrad_73 on Sun 09/23/12 08:06 AM



It's not just his giant income or the low tax rates he pays on it. And it's not just the videotape of him berating almost half of America, or his endless gaffes, or his regressive budget policies.

It's something that unites all of this, and connects it to the biggest underlying problem America faces -- the unprecedented concentration of wealth and power at the very top that's undermining our economy and destroying our democracy.

Romney just released his 2011 tax returns, showing he paid $1.9 million in taxes on more than $13 million of income last year -- for an effective tax rate of 14.1 percent. (He released his 2010 return in January, showing he paid an effective tax rate of 13.9 percent.)

American has had hugely wealthy presidents before -- think of Teddy Roosevelt and his distant cousin, Franklin D. Roosevelt; or John F. Kennedy, beneficiary of father Joe's fortune.

But here's the difference. These men were champions of the working class and the poor, and were considered traitors to their own class. Teddy Roosevelt railed against the "malefactors of great wealth," and he busted up the oil and railroad trusts.

FDR thundered against the "economic royalists," raised taxes on the wealthy, and gave average working people the right to form unions -- along with Social Security, unemployment insurance, a minimum wage, and a 40-hour workweek.

But Mitt Romney is not a traitor to his class. He is a sponsor of his class. He wants to cut their taxes by $3.7 trillion over the next decade, and hasn't even specified what "loopholes" he'd close to make up for this gigantic giveaway.

And he wants to cut benefits that almost everyone else relies on -- Medicare, Medicaid, Social Security, food stamps, unemployment insurance, and housing assistance.

He's even a warrior for his class, telling his wealthy followers his job isn't to worry about the "47 percent" of Americans who won't vote for him, whom he calls "victims" and he berates for not paying federal incomes taxes and taking federal handouts.

(He mangles these facts, of course. Almost all working Americans pay federal taxes -- and the federal taxes that have been rising fastest for most people are Social Security payroll taxes, which aren't collected on a penny of income over $110,100. Moreover, most of the "47 percent" whom he accuses of taking handouts are on Medicare or Social Security -- the biggest "entitlement" programs -- which, not incidentally, they paid into during their working lives.)

Money means power. Concentrated wealth at the top means extraordinary power at the top. The reason Romney pays a rate of only 14 percent on $13 million of income in 2011 -- a lower rate than many in the middle class -- is because he exploits a loophole that allows private equity managers to treat their income as capital gains, taxed at only 15 percent.

And that loophole exists solely because private equity and hedge fund managers have so much political clout -- as a result of their huge fortunes and the money they've donated to political candidates -- that neither party will remove it.

In other words, everything America is learning about Mitt Romney -- his tax returns, his years at Bain Capital, the video of his speech to high-end donors in which he belittles half of America, his gaffes, the budget policies he promotes -- repeat and reenforce the same underlying reality.

So much wealth and power have accumulated at the top of America that our economy and our democracy are seriously threatened. Romney not only represents this problem. He is the living embodiment of it.
http://www.opednews.com/articles/What-Mitt-Romney-Really-Re-by-Robert-Reich-120921-470.html


http://robertreich.org/
Chancellor's Professor of Public Policy at the University of California at Berkeley, was Secretary of Labor in the Clinton administration. Time Magazine named him one of the ten most effective cabinet secretaries of the last century.
Robert Reich!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Another Keynesien pro-Union one!
You joking,ain't you?
Another one who has helped to bring the Nation to what it is today!
Iam not surprised that someone from Zurich is so uninformed about america.
rofl rofl rofl never assume!

Besides,have you checked where he holds his Professor-ship?
Yep,Berkeley!:laughing:

Conrad_73's photo
Sun 09/23/12 07:59 AM
here Best read how your Friends lie!
laugh


http://www.forbes.com/sites/lawrencehunter/2011/12/04/paul-krugman-and-robert-reichs-tax-deception/

Paul Krugman and Robert Reich's Tax Deception

Robert Reich and Paul Krugman are preeminent mainstream-media mouthpieces of the redistributionist welfare state. They constantly disseminate the myths that the rich don’t pay their fair share of taxes, and Congress is about to “slash taxes on the very rich”.

Yet they never attack the real source of America’s problems, crony capitalism, the economic foundation of the welfare state in which rich and poor alike are partners in crime with the government to rip off their fellow Americans. Reich and Krugman also propagate the myth that America’s deficit and economic problems could be eliminated simply by raising taxes on “the rich” and spending the new revenue on bigger government.............................

willing2's photo
Sun 09/23/12 08:04 AM
If Mr Romney alegedly represents all that and Hussein represents himself and Soros, where can we find an honorable president?

Conrad_73's photo
Sun 09/23/12 08:07 AM

If Mr Romney alegedly represents all that and Hussein represents himself and Soros, where can we find an honorable president?
Possibly have to do a Diogenes,with about as much Success as he had!spock

Bestinshow's photo
Sun 09/23/12 08:09 AM

If Mr Romney alegedly represents all that and Hussein represents himself and Soros, where can we find an honorable president?
I think the key would be campaign finance reform. As long as elected officials are beholden to donated money we will be sold out by everyone.

Conrad_73's photo
Sun 09/23/12 08:14 AM


If Mr Romney alegedly represents all that and Hussein represents himself and Soros, where can we find an honorable president?
I think the key would be campaign finance reform. As long as elected officials are beholden to donated money we will be sold out by everyone.
like George Soros in the last one,and possibly this one as well!
He just about owns Da Party by now!
Same way he owns OWS!

USmale47374's photo
Sun 09/23/12 08:24 AM

It's not just his giant income or the low tax rates he pays on it. And it's not just the videotape of him berating almost half of America, or his endless gaffes, or his regressive budget policies.

It's something that unites all of this, and connects it to the biggest underlying problem America faces -- the unprecedented concentration of wealth and power at the very top that's undermining our economy and destroying our democracy.

Romney just released his 2011 tax returns, showing he paid $1.9 million in taxes on more than $13 million of income last year -- for an effective tax rate of 14.1 percent. (He released his 2010 return in January, showing he paid an effective tax rate of 13.9 percent.)

American has had hugely wealthy presidents before -- think of Teddy Roosevelt and his distant cousin, Franklin D. Roosevelt; or John F. Kennedy, beneficiary of father Joe's fortune.

But here's the difference. These men were champions of the working class and the poor, and were considered traitors to their own class. Teddy Roosevelt railed against the "malefactors of great wealth," and he busted up the oil and railroad trusts.

FDR thundered against the "economic royalists," raised taxes on the wealthy, and gave average working people the right to form unions -- along with Social Security, unemployment insurance, a minimum wage, and a 40-hour workweek.

But Mitt Romney is not a traitor to his class. He is a sponsor of his class. He wants to cut their taxes by $3.7 trillion over the next decade, and hasn't even specified what "loopholes" he'd close to make up for this gigantic giveaway.

And he wants to cut benefits that almost everyone else relies on -- Medicare, Medicaid, Social Security, food stamps, unemployment insurance, and housing assistance.

He's even a warrior for his class, telling his wealthy followers his job isn't to worry about the "47 percent" of Americans who won't vote for him, whom he calls "victims" and he berates for not paying federal incomes taxes and taking federal handouts.

(He mangles these facts, of course. Almost all working Americans pay federal taxes -- and the federal taxes that have been rising fastest for most people are Social Security payroll taxes, which aren't collected on a penny of income over $110,100. Moreover, most of the "47 percent" whom he accuses of taking handouts are on Medicare or Social Security -- the biggest "entitlement" programs -- which, not incidentally, they paid into during their working lives.)

Money means power. Concentrated wealth at the top means extraordinary power at the top. The reason Romney pays a rate of only 14 percent on $13 million of income in 2011 -- a lower rate than many in the middle class -- is because he exploits a loophole that allows private equity managers to treat their income as capital gains, taxed at only 15 percent.

And that loophole exists solely because private equity and hedge fund managers have so much political clout -- as a result of their huge fortunes and the money they've donated to political candidates -- that neither party will remove it.

In other words, everything America is learning about Mitt Romney -- his tax returns, his years at Bain Capital, the video of his speech to high-end donors in which he belittles half of America, his gaffes, the budget policies he promotes -- repeat and reenforce the same underlying reality.

So much wealth and power have accumulated at the top of America that our economy and our democracy are seriously threatened. Romney not only represents this problem. He is the living embodiment of it.
http://www.opednews.com/articles/What-Mitt-Romney-Really-Re-by-Robert-Reich-120921-470.html


http://robertreich.org/
Chancellor's Professor of Public Policy at the University of California at Berkeley, was Secretary of Labor in the Clinton administration. Time Magazine named him one of the ten most effective cabinet secretaries of the last century.


AMEN! I'm white and American, and Romney scares me. He's not at all qualified to serve as President.

Conrad_73's photo
Sun 09/23/12 08:32 AM
Edited by Conrad_73 on Sun 09/23/12 08:36 AM


It's not just his giant income or the low tax rates he pays on it. And it's not just the videotape of him berating almost half of America, or his endless gaffes, or his regressive budget policies.

It's something that unites all of this, and connects it to the biggest underlying problem America faces -- the unprecedented concentration of wealth and power at the very top that's undermining our economy and destroying our democracy.

Romney just released his 2011 tax returns, showing he paid $1.9 million in taxes on more than $13 million of income last year -- for an effective tax rate of 14.1 percent. (He released his 2010 return in January, showing he paid an effective tax rate of 13.9 percent.)

American has had hugely wealthy presidents before -- think of Teddy Roosevelt and his distant cousin, Franklin D. Roosevelt; or John F. Kennedy, beneficiary of father Joe's fortune.

But here's the difference. These men were champions of the working class and the poor, and were considered traitors to their own class. Teddy Roosevelt railed against the "malefactors of great wealth," and he busted up the oil and railroad trusts.

FDR thundered against the "economic royalists," raised taxes on the wealthy, and gave average working people the right to form unions -- along with Social Security, unemployment insurance, a minimum wage, and a 40-hour workweek.

But Mitt Romney is not a traitor to his class. He is a sponsor of his class. He wants to cut their taxes by $3.7 trillion over the next decade, and hasn't even specified what "loopholes" he'd close to make up for this gigantic giveaway.

And he wants to cut benefits that almost everyone else relies on -- Medicare, Medicaid, Social Security, food stamps, unemployment insurance, and housing assistance.

He's even a warrior for his class, telling his wealthy followers his job isn't to worry about the "47 percent" of Americans who won't vote for him, whom he calls "victims" and he berates for not paying federal incomes taxes and taking federal handouts.

(He mangles these facts, of course. Almost all working Americans pay federal taxes -- and the federal taxes that have been rising fastest for most people are Social Security payroll taxes, which aren't collected on a penny of income over $110,100. Moreover, most of the "47 percent" whom he accuses of taking handouts are on Medicare or Social Security -- the biggest "entitlement" programs -- which, not incidentally, they paid into during their working lives.)

Money means power. Concentrated wealth at the top means extraordinary power at the top. The reason Romney pays a rate of only 14 percent on $13 million of income in 2011 -- a lower rate than many in the middle class -- is because he exploits a loophole that allows private equity managers to treat their income as capital gains, taxed at only 15 percent.

And that loophole exists solely because private equity and hedge fund managers have so much political clout -- as a result of their huge fortunes and the money they've donated to political candidates -- that neither party will remove it.

In other words, everything America is learning about Mitt Romney -- his tax returns, his years at Bain Capital, the video of his speech to high-end donors in which he belittles half of America, his gaffes, the budget policies he promotes -- repeat and reenforce the same underlying reality.

So much wealth and power have accumulated at the top of America that our economy and our democracy are seriously threatened. Romney not only represents this problem. He is the living embodiment of it.
http://www.opednews.com/articles/What-Mitt-Romney-Really-Re-by-Robert-Reich-120921-470.html


http://robertreich.org/
Chancellor's Professor of Public Policy at the University of California at Berkeley, was Secretary of Labor in the Clinton administration. Time Magazine named him one of the ten most effective cabinet secretaries of the last century.


AMEN! I'm white and American, and Romney scares me. He's not at all qualified to serve as President.
neither is the Incumbent One!

Both representing Rival Gangs with the same Goal!

Ras427's photo
Sun 09/23/12 09:52 AM
Romney reminds me of the value of a three dollar bill.

Conrad_73's photo
Sun 09/23/12 10:00 AM

Romney reminds me of the value of a three dollar bill.



msharmony's photo
Sun 09/23/12 12:13 PM

Romney reminds me of the value of a three dollar bill.


lol

aww, to give credit

seems like a 'nice' man, a 'good' husband and father and those are attributes to be appreciated in these times

as to his understanding of reality and his connection to americans who are not in the 'upper class', he doesnt seem to have a clue, or care to try to,,,,



mightymoe's photo
Sun 09/23/12 12:15 PM


It's not just his giant income or the low tax rates he pays on it. And it's not just the videotape of him berating almost half of America, or his endless gaffes, or his regressive budget policies.

It's something that unites all of this, and connects it to the biggest underlying problem America faces -- the unprecedented concentration of wealth and power at the very top that's undermining our economy and destroying our democracy.

Romney just released his 2011 tax returns, showing he paid $1.9 million in taxes on more than $13 million of income last year -- for an effective tax rate of 14.1 percent. (He released his 2010 return in January, showing he paid an effective tax rate of 13.9 percent.)

American has had hugely wealthy presidents before -- think of Teddy Roosevelt and his distant cousin, Franklin D. Roosevelt; or John F. Kennedy, beneficiary of father Joe's fortune.

But here's the difference. These men were champions of the working class and the poor, and were considered traitors to their own class. Teddy Roosevelt railed against the "malefactors of great wealth," and he busted up the oil and railroad trusts.

FDR thundered against the "economic royalists," raised taxes on the wealthy, and gave average working people the right to form unions -- along with Social Security, unemployment insurance, a minimum wage, and a 40-hour workweek.

But Mitt Romney is not a traitor to his class. He is a sponsor of his class. He wants to cut their taxes by $3.7 trillion over the next decade, and hasn't even specified what "loopholes" he'd close to make up for this gigantic giveaway.

And he wants to cut benefits that almost everyone else relies on -- Medicare, Medicaid, Social Security, food stamps, unemployment insurance, and housing assistance.

He's even a warrior for his class, telling his wealthy followers his job isn't to worry about the "47 percent" of Americans who won't vote for him, whom he calls "victims" and he berates for not paying federal incomes taxes and taking federal handouts.

(He mangles these facts, of course. Almost all working Americans pay federal taxes -- and the federal taxes that have been rising fastest for most people are Social Security payroll taxes, which aren't collected on a penny of income over $110,100. Moreover, most of the "47 percent" whom he accuses of taking handouts are on Medicare or Social Security -- the biggest "entitlement" programs -- which, not incidentally, they paid into during their working lives.)

Money means power. Concentrated wealth at the top means extraordinary power at the top. The reason Romney pays a rate of only 14 percent on $13 million of income in 2011 -- a lower rate than many in the middle class -- is because he exploits a loophole that allows private equity managers to treat their income as capital gains, taxed at only 15 percent.

And that loophole exists solely because private equity and hedge fund managers have so much political clout -- as a result of their huge fortunes and the money they've donated to political candidates -- that neither party will remove it.

In other words, everything America is learning about Mitt Romney -- his tax returns, his years at Bain Capital, the video of his speech to high-end donors in which he belittles half of America, his gaffes, the budget policies he promotes -- repeat and reenforce the same underlying reality.

So much wealth and power have accumulated at the top of America that our economy and our democracy are seriously threatened. Romney not only represents this problem. He is the living embodiment of it.
http://www.opednews.com/articles/What-Mitt-Romney-Really-Re-by-Robert-Reich-120921-470.html


http://robertreich.org/
Chancellor's Professor of Public Policy at the University of California at Berkeley, was Secretary of Labor in the Clinton administration. Time Magazine named him one of the ten most effective cabinet secretaries of the last century.
Robert Reich!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Another Keynesien pro-Union one!
You joking,ain't you?
Another one who has helped to bring the Nation to what it is today!
and................................


a Buddy of Krugman!laugh

Statists par excellence,bar none!

Guy is so leftwing,he flies around in a Circle!rofl


the unions love those lefties...

mightymoe's photo
Sun 09/23/12 12:19 PM


Romney reminds me of the value of a three dollar bill.


lol

aww, to give credit

seems like a 'nice' man, a 'good' husband and father and those are attributes to be appreciated in these times

as to his understanding of reality and his connection to americans who are not in the 'upper class', he doesnt seem to have a clue, or care to try to,,,,




neither does obama... it seems to me they both are different sides to the same coin... barry had his chance, and blew it... time for another to try...

Bestinshow's photo
Sun 09/23/12 12:27 PM



Romney reminds me of the value of a three dollar bill.


lol

aww, to give credit

seems like a 'nice' man, a 'good' husband and father and those are attributes to be appreciated in these times

as to his understanding of reality and his connection to americans who are not in the 'upper class', he doesnt seem to have a clue, or care to try to,,,,




neither does obama... it seems to me they both are different sides to the same coin... barry had his chance, and blew it... time for another to try...
It sure wont be Romney there is no chance at all..........

IS it too late for a Palin/trump dream ticket? laugh

heavenlyboy34's photo
Sun 09/23/12 12:30 PM

here Best read how your Friends lie!
laugh


http://www.forbes.com/sites/lawrencehunter/2011/12/04/paul-krugman-and-robert-reichs-tax-deception/

Paul Krugman and Robert Reich's Tax Deception

Robert Reich and Paul Krugman are preeminent mainstream-media mouthpieces of the redistributionist welfare state. They constantly disseminate the myths that the rich don’t pay their fair share of taxes, and Congress is about to “slash taxes on the very rich”.

Yet they never attack the real source of America’s problems, crony capitalism, the economic foundation of the welfare state in which rich and poor alike are partners in crime with the government to rip off their fellow Americans. Reich and Krugman also propagate the myth that America’s deficit and economic problems could be eliminated simply by raising taxes on “the rich” and spending the new revenue on bigger government.............................

drinker Krugman especially is a well-known schill for statists and the FED. His irrational hatred for rational, sound money economists like Mises is widely known. Several months ago, he wrote a column proclaiming that "Mises was insane". You'd think a Nobel laureate would have more intelligent things to say-and be more accurate in his observations...but it's not the case with Krugman.

msharmony's photo
Sun 09/23/12 12:47 PM



Romney reminds me of the value of a three dollar bill.


lol

aww, to give credit

seems like a 'nice' man, a 'good' husband and father and those are attributes to be appreciated in these times

as to his understanding of reality and his connection to americans who are not in the 'upper class', he doesnt seem to have a clue, or care to try to,,,,




neither does obama... it seems to me they both are different sides to the same coin... barry had his chance, and blew it... time for another to try...



we have changed the momentum and direction of the FREEFALL We were in

I dont want to take the country 'back' I want to keep moving 'forward'

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