Preparing for this debate has got to be the most depressing thing Obama has ever done. He must be staring at facts and figures that he can hardly believe – and then realize he has to defend them come Wednesday night – with his biggest critic, Mitt Romney – and the nation – staring at him. It’s going to be terrible for Obama.
Unlike Obama, Mitt Romney has been talking about his plan to save Social Security on the campaign trail in the recent past. Though it is getting little to no coverage in the national press, it should be getting the positive “buzz” it deserves.
Obama has been moving the needle with seniors using distorted arguments about Social Security and Medicare. Fortunately for GOP presidential challenger Mitt Romney, seniors’ top concern is the economy’s struggles under Obama and seniors have overwhelming voted Republican in the last two presidential elections.
President Barack Obama is in favor of the extremely controversial idea of redistribution of the nation’s wealth. Basically, Obama believes that everyone should “have a shot” at the good life and great opportunities in life whether they’ve worked for them or not – paid for by those who have acquired their wealth and success-related opportunities in life via hard work.
Republican presidential candidate Mitt Romney told donors Wednesday that he cares about the poor and middle class as he tried to stem criticism and address concern from within his own party over secretly-recorded comments that he doesn’t need to worry about the half of the country that doesn’t pay federal income taxes.
Romney thought he was talking amongst his teammates in the locker room last May 17 only to find out that there was somebody on the other team hiding behind the lockers. Had he known a member of the other team was lurking back there, he would have chosen his words more carefully and had presented more carefully-chosen data than the data of which he swiftly generalized.
Mitt Romney and Bain Capital purchased a factory in China that took on the demand from outsourcing from other US companies. So they profited by increasing profits from companies they owned by shipping jobs overseas and they profited from other companies shipping jobs overseas by doing the work that used to be done in cities and towns across America.
Occupy Wall Street made the world aware of Wall Street’s nearly-obscene inequities. But, unfortunately, that has been about it. How much has really changed because of the 12-month-old movement?
Republicans will continue to talk down the economy for the next two months specifically because they want the economy, and the country, to suffer in order to win an election.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.