Monday, October 29, 2012

Dishonest Mitt: Jeep in China

Gov. Romney's Jeep gaffe is the last straw. If I had any respect for him or had any thoughts of voting his way, it ain't going to happen! I have not seen anyone so dishonest in my life, period. Why am I so upset about that? Because even after his reading of bloomberg article was proved to be completely false, he continues to build upon the lie. Here is what Chrysler's official blog responded to his claim
"It is a leap that would be difficult even for professional circus acrobats."
 
Here is the Ad in question

This article lists the press coverage where everyone is calling it a lie and Romney campaign appears to be silent about it.
 
If you still have any doubt about who is right, read Mitt Romney's op-ed "Let Detroit Go Bankrupt"

Sunday, October 28, 2012

Can Romney make North America Energy-Independent?

The last eight presidents have gone on television and promised to move America towards an energy-independent future. So how much do you believe when Mitt says he could?

If our goal is to reduce the gas price that people pay, as one redditor put it, that is simply not achievable. Here is why
People seem to think that life would be wonderful if we got off of foreign oil and the United States was energy independent. They think somehow this would mean the oil companies would suddenly let us pay $1 a gallon and we wouldn't have to worry about energy anymore if this happened even if all we did was trade foreign oil for domestic oil.
NPR did an interesting story the other day about how Canada is considered energy independent but they still end up paying about the same as the United States for gas. This is mainly because oil prices are determined by trading on international markets and since the private companies who get the oil out of Canada can get away with selling it off to whoever in the world will pay them the most.
I think this shows that the United States would still be paying $4+ for gas (even if there was an endless supply here) if there were countries around the world that were still willing to pay that price to private multinational oil companies who are selling it. You would probably only see a major change if the government controlled the prices or the supply of the oil and could demand that domestic consumers be allowed to pay a certain amount at the pump.

Mitt Romney’s 5 Point Plan is the Same Plan as McCain in ’08 and Bush in ’04

Full Story: http://www.politicususa.com/mitt-romneys-5-point-plan-plan-mccain-08-bush-04.html

I guess republicans don't have anything new to offer beyond the tried, tested and proven to not work as great as it was promised!

Friday, October 26, 2012

Was Obama Administration's Renewable energy bet a bad investment?

Romney ticket loves to talk about how current administration squandered the tax payer money by financing renewable energy projects and how half of them went bankrupt. You didn't expect Romney campaign to the completely factual right? As expected, it appears only 8% of the companies funded by DoE went bankrupt. However it is better than Mr.Romeny's record on investing where is failure rate is 22%. So who picked winners better? Talk about government being the problem!

Watch it for yourself as Jon Stewart tears Romney apart

Thursday, October 25, 2012

Moderate Romney Wouldn’t Make It Past Inauguration Day

Full Story: http://www.bloomberg.com/news/2012-10-25/moderate-romney-wouldn-t-make-it-past-inauguration-day.html

Jonathan Alter writes
You have to hand it to Mitt Romney and his team. Starting in the first debate, he pivoted almost effortlessly to the center, which is where elections are won. If he beats President Barack Obama, it will be because he Etch-A-Sketched his earlier positions and convinced enough people that he would be a moderate president.
Unfortunately, he has little chance of governing that way. We don’t know which Romney will show up on a given day, but we sure know which Republican Party would be in charge in Washington every minute. The Republicans have become the most extreme major political party in generations. They are tolerating Romney’s heresies this month only to gain power.

Romney would spend $2 trilllion that the military hasn't asked for

PolitiFact's Truth-O-Meter says that is true. Kiss deficit/debt reduction a good bye Gov. Romney.

Top U.S. CEOs urge increase in tax revenue

Full Story: http://www.marketwatch.com/story/top-us-ceos-urge-increase-in-tax-revenue-wsj-2012-10-25

It is time for Gov. Romney to pretend that he has never heard this :-) Across the board tax cut to 20% isn't going to help us dig out of the debt/deficit. Romney's plan doesn't add up and is mathematically not possible in my opinion. Increasing the tax revenue while simultaneously cutting spending is the way to go. Can't wait to hear Romney's spin's if at all he would entertain/respond to this...

Tuesday, October 23, 2012

Romney wants 8-10 years to Balance budget but expected Obama to do it in 4!

Full Story: http://www.eclectablog.com/2012/10/romney-says-hell-balance-the-budget-in-eight-to-ten-years-slams-obama-for-not-doing-it-in-four.html

Basically Gov. Romney is saying that he won't be able to balance budget even if he served 2 terms as President! Looks like we can only ask him after he has left the office. Great strategy.

Monday, October 22, 2012

Want a Better Economy? History Says Vote Democrat!

Full Story: http://www.forbes.com/sites/adamhartung/2012/10/10/want-a-better-economy-history-says-vote-democrat/

Some highlights
  • Personal disposable income has grown nearly 6 times more under Democratic presidents
  • Gross Domestic Product (GDP) has grown 7 times more under Democratic presidents
  • Corporate profits have grown over 16% more per year under Democratic presidents (they actually declined under Republicans by an average of 4.53%/year)
  • Average annual compound return on the stock market has been 18 times greater under Democratic presidents (If you invested $100k for 40 years of Republican administrations you had $126k at the end, if you invested $100k for 40 years of Democrat administrations you had $3.9M at the end)
  • Republican presidents added 2.5 times more to the national debt than Democratic presidents
  • The two times the economy steered into the ditch (Great Depression and Great Recession) were during Republican, laissez faire administrations

  • Wednesday, October 17, 2012

    Romney Caught Encouraging Business Owners to Tell Employees How to Vote

    Full Story: http://nymag.com/daily/intel/2012/10/romney-bosses-should-tell-employees-how-to-vote.html

    Watch it yourself!!! The relevant comment starts around 26 minutes
     

    Mitt’s “binders full of women” Lie

    Full Story: http://www.salon.com/2012/10/17/mitts_binders_full_of_women_not_even_true/

    Here is what Governer Romney said during second presidential debate

    According to Boston Globe
    But that story turns out to be not quite true, according to veteran Boston Phoenix journalist David Bernstein. As Bernstein pointed out last night, what actually happened is that a bipartisan coalition of women’s groups came together to compile lists of eligible female candidates for office before the 2002 gubernatorial election had even occurred. Romney says he “went to a number of women’s groups” and asked them for the binders, but the opposite is true — they went to him. Bernstein also notes that many of the senior-level women Romney hired were given control of departments and agencies that were not a priority for the governor, while there were almost zero women working on the budget or businesses development, areas that Romney cared more about.
     
    WSJ Reports

    “[The women's group not Romney] took a concerted effort to go out and find women who had backgrounds that could be qualified to become members of our Cabinet,” Romney said in the town hall. “I went to a number of women’s groups and said, ‘Can you help us find folks,’ and they brought us whole binders full of women.”
     
     

    Friday, October 12, 2012

    PolitiFact's Lie of the Year: 'A government takeover of health care'

    Full Story: http://www.politifact.com/truth-o-meter/article/2010/dec/16/lie-year-government-takeover-health-care/

    Romney and Ryan continues to spread the lie that the Obamacare is government takeover of healthcare. If regulating and setting standards in an industry is considered government takeover, every industry is run by government effectively. Here is why it is a lie perpetuated by Republicans

    "Government takeover" conjures a European approach where the government owns the hospitals and the doctors are public employees. But the law Congress passed, parts of which have already gone into effect, relies largely on the free market:

    Employers will continue to provide health insurance to the majority of Americans through private insurance companies.

    • Contrary to the claim, more people will get private health coverage. The law sets up "exchanges" where private insurers will compete to provide coverage to people who don't have it.

    • The government will not seize control of hospitals or nationalize doctors.

    • The law does not include the public option, a government-run insurance plan that would have competed with private insurers.

    • The law gives tax credits to people who have difficulty affording insurance, so they can buy their coverage from private providers on the exchange. But here too, the approach relies on a free market with regulations, not socialized medicine.

    PolitiFact reporters have studied the 906-page bill and interviewed independent health care experts. We have concluded it is inaccurate to call the plan a government takeover because it relies largely on the existing system of health coverage provided by employers.

    It's true that the law does significantly increase government regulation of health insurers. But it is, at its heart, a system that relies on private companies and the free market.

    Thursday, October 11, 2012

    The Lying Precedent

    Full Story: http://takingnote.blogs.nytimes.com/2012/10/10/the-lying-precedent/

    If Mr. Romney wins, he’ll set a nasty precedent. Candidates will be justified in assuming not only that they can lie, but that they can tell different lies to different audiences from week to week, and voters will actually reward them.

    We Don’t Have People Who Die Because They Don’t Have Insurance

    Full Story: http://thinkprogress.org/election/2012/10/11/990281/romney-uninsured-hospital/

    Romney the multi-millinaire continues to live in parallel universe and can't see the problems facing middle class and poor americans. He recently claimed that no one in America has died because they didn't have medical insurance. However Reuters article talks about the Harvard Study that linked nearly 45,000 deaths linked to lack of medical insurance. Does Romney have the ability to understand the truth past what is being fed to him?

    Wednesday, October 10, 2012

    Mitt Romney Leads Us Into An Age Of Stupidity

    Full Story: http://www.villagevoice.com/2012-10-10/columns/mitt-romney-stupidity-Michael-Musto/

    It is a great opinion piece that goes into lengths. The following from the column summarizes my belief as well as his opinion
    But with Mitt Romney, there don't seem to be any beliefs! He appears to spout whatever is convenient for him at the moment, without an ordinate amount of backbone, realism, or sense of responsibility as to what he has said before. He's the perfect candidate for an era of drive-by news hits that are quickly consumed and expectorated by an ADD-addled populace.

    Sunday, October 7, 2012

    Mitt Romney Agrees With Everyone

    Mitt Romney Debates Himself

    Romney the flip-flopper



    Here is another one from Ron Paul's supporters about his flip-flops. I am starting to suspect if flip flopping is characteristic of MA politicians!

    Newt Gingrich acknowledges the clear inconsistency, saying "I think it’s clear he changed." He described the change as "good politics.". Watch it  

    Mitt Romney’s Self-Destruct Button

    Some weekend humor :-)

    Thursday, October 4, 2012

    First Presidential Debate: Half Truths And Lies

    Congratulations to Gov. Romney for giving a better than expected performance. However he reversed his position on tax cuts & regulation, details were shallow and stuck to half truths and lies.

    NPR's column summarizes it pretty well.

    Bloomberg.com says "On taxes, Mitt Romney is long on promises and short on details."

    Fact-checkers say Obama told the truth more often in Denver debate

    Here is the joke floating around in the interwebs courtesy of DailyKos

    Snow White, Superman and Pinocchio are walking along.

    They see a sign: "Contest for World's Most Beautiful Woman." Snow White goes in, later comes out smiling, wearing a crown.

    They walk along and see another sign: "Contest for World's Strongest Man." Superman goes in, later comes out smiling, wearing the belt.

    They walk along and see a sign: "Contest for World's Greatest Liar." Pinocchio goes in, later comes out with his head down crying. "Who the hell is Mitt Romney?" Pinocchio sobs.
     

    Tuesday, October 2, 2012

    Mitt Romney plan leaves 72M uninsured

    Full Story: http://www.politico.com/news/stories/1012/81900.html

    Highlights
    The analysis by the Commonwealth Fund, a New York-based health care research foundation, found that under Romney’s health care plan, the uninsured population would soar to 72 million by 2022 — 12 million higher than if nothing had been done at all.

    By contrast, if President Barack Obama’s health care law is fully implemented — including complete state participation in the now voluntary Medicaid expansion — the number of uninsured people would drop from 47.9 million in 2011 to about 27.1 million people in 2022, the report estimated.


    Monday, October 1, 2012

    Wherever Romney campaigns, he does worse

    Ouch! Full Story: http://www.pbs.org/newshour/bb/politics/july-dec12/shieldsbrooks_09-28.html

    Here is what Mark Shields said in the PBS Interview:
    And the theory is that Mitt Romney is the first presidential candidate in -- certainly in the last 35 years who wherever he campaigns does worse. And I think that's his real problem.

    I mean, for example, in Florida, his personal unfavorable rating in January was 29 percent. It went up to 35 percent in May. It's now at 48 percent.

    In Ohio, the same thing. It went from 34 percent unfavorable in January, to 37 percent in May, to 49 percent in September.

    The more they see him, the less they like him. And this is a real problem. It happened to Gerald Ford, the president of the United States, in 1976 in a marvelous campaign, a great campaign.