The Last Of The Millenniums

Just because it always has been, doesn't mean it always will be

Archive for the day “August 24, 2012”

The Weekly 2012 – The Republican National Convention

It’s Obama’s fault.

 

There could be and should be speeches and policy papers outlining the Republicans ‘vision’ for America.

Instead………………

We can’t tell you what we’re going to do but just ‘trust’ us.

 

 

The Coming 4 Year ‘COnservative’ vision for America – ‘Romney: Big business is fine, helped by tax havens’

This is the coming 4 years. The Government that is for business, by business and of business.

‘We The People’ that Government is SUPPOSE to represent – will be without representation.

‘Romney didn’t mention Thursday that he has kept some of his personal money in offshore tax havens, including accounts in Switzerland and the Cayman Islands’.

‘In his remarks, Romney drew a distinction between big business and small businesses. He said that, if elected, he would seek to make it easier for small businesses to succeed’.

So that they also ‘find ways to get through the tax code, save money by putting various things in the places where there are low tax havens around the world for their businesses.”

“Big business is doing fine in many places,” Romney said during a campaign fundraiser Thursday. “They get the loans they need, they can deal with all the regulation. They know how to find ways to get through the tax code, save money by putting various things in the places where there are low tax havens around the world for their businesses.”
From : http://news.yahoo.com/romney-big-business-fine-helped-tax-havens-074359322.html

 

Paul Ryan Lies #4 – ‘Ryan Criticizes Obama on Defense Cuts, Remains Silent on Special Ops Criticizing President’

Paul Ryan voted FOR the Debt Relief Act and now blames President Obama for the cuts that HE voted for.

‘While he (Ryan) suggested the cuts were mandated solely by the administration, it was an agreement between both houses of Congress and the White House to institute mandatory cuts to defense spending and other programs if Congress was unable to cut other areas of the budget by the end of 2012’.

“Put up or shut up,” Ryan said, addressing the budget cuts. “The president needs to show us how he plans on putting this in place if he is not going to help us pass legislation preventing it in the first place.”

‘Ryan, the House Budget chairman, originally voted for legislation that included the cuts, known as sequestration, and praised them at the time. But today his spokesperson Michael Steel said what Ryan voted for was “bipartisan deficit reduction.”
From : http://abcnews.go.com/blogs/politics/2012/08/ryan-criticizes-obama-on-defense-cuts-remains-silent-on-special-ops-criticizing-president/

‘While he (Ryan) suggested the cuts were mandated solely by the administration, it was an agreement between both houses of Congress and the White House to institute mandatory cuts to defense spending and other programs if Congress was unable to cut other areas of the budget by the end of 2012’.

‘An Associated Press “fact check” in July after Mitt Romney made a similar claim said that Romney “ignores the central role that Congress played last summer in setting the stage for such a massive cut in the Pentagon’s budget.”

‘The House-passed bill to which Ryan referred passed in May without a single Democratic vote and has no chance of passing in the Democrat-controlled Senate. The bill would swap defense cuts for sharp reductions in spending for social programs, specifically Medicaid and food-stamp spending, and reduce money for Obama’s health care reform law while taking away the ability of regulators to wind down failing financial firms and end a White House program meant to assist struggling homeowners’.
From : http://www.nationaljournal.com/2012-presidential-campaign/ryan-blasts-obama-over-defense-cuts-20120817

‘FACT CHECK: Romney ignores other budget players’
‘FACT CHECK: In blaming potential defense cuts on Obama, Romney ignores roles of Congress, GOP’
‘It was House Speaker John Boehner, R-Ohio, who originally insisted that the increase in the debt limit be matched by deficit cuts at least as large. After talks between Boehner and Obama failed to produce an agreement, top congressional leaders took the lead in crafting a fallback agreement that included nearly $1 trillion in cuts from projected increases to agency budgets over a decade and created a “supercommittee” to find at least $1.2 trillion in additional cuts — backed up by across-the-board cuts if the panel failed’.
From : http://news.yahoo.com/fact-check-romney-ignores-other-175738958.html

What is Mitt Romney Hiding? – ‘Bain documents offer details on Romney holdings’

One set of rules for them – another set of rules for the rest of us.

Just imagine what it will be like in 4 years if Mitt Romney and the Republicans have the opportunity to rewrite the tax code and deregulate business.

Just imagine…………………

‘The release of more than 900 pages of internal Bain Capital investment documents by a media website Thursday offered new details on holdings owned by GOP presidential candidate Mitt Romney’s family trusts, including offshore account locations and underlying assets’.

‘The confidential records made public by Gawker.com provided financial statements and investor information on 18 Bain investment funds and three hedge funds in which Romney, his wife, Ann, and his children have invested’.

‘One expert on private equity taxation, University of Colorado law professor Victor Fleischer, said Thursday that the records from one entity, Bain Capital Fund VII LP, a Cayman Islands-based offshore account, showed that the fund’s managers appear to have converted their fees from ordinary income to future capital gains. Such a maneuver, Fleischer said, would allow the income to be deferred and taken later at a lower 15 percent capital gains rate’.

‘As of 2011, Ann Romney’s blind trust held between $100,000 and $1 million of that fund, according to Romney’s 2011 presidential financial disclosure statement’.

‘Another Bain investment fund, Sankaty High Yield Partners II, based in Delaware, held nearly $3 million in loans to Adelson’s Las Vegas Sands. Adelson is the largest public donor in this year’s presidential race, giving more than $45 million to super political action committees benefiting Romney and other GOP candidates’.
From : http://news.yahoo.com/bain-documents-offer-details-romney-holdings-034143146.html

 

 

 

What is Mitt Romney Hiding? – ‘AP Exclusive: Romney uses secretive data-mining’

Won’t talk about his taxes.

Is running on his business success but won’t talk about Bain.

Will only talk about tax reform in ‘quiet rooms’.

And now?

‘The Romney campaign declined to discuss on the record its work with Buxton or the project’s overall success’.

Just imagine what America will look like after 4 years of Mitt Romney and the Republicans.

‘There are no records of payments to Buxton from Romney’s campaign, the Republican National Committee or a joint fundraising committee. Under federal law, companies cannot use corporate money or resources, such as proprietary data analysis, for in-kind contributions to campaigns’.

WASHINGTON (AP) — ‘Mitt Romney’s success in raising hundreds of millions of dollars in the costliest presidential race ever can be traced in part to a secretive data-mining project that sifts through Americans’ personal information — including their purchasing history and church attendance — to identify new and likely, wealthy donors, The Associated Press has learned’.

‘For the data-mining project, the Republican candidate has quietly employed since at least June a little-known but successful analytics firm that previously performed marketing work for a colleague tied to Bain & Co., the management-consulting firm that Romney once led’.

‘The head of Buxton Co. of Fort Worth, Texas, chief executive Tom Buxton, confirmed to the AP his company’s efforts to help Romney identify rich and previously untapped Republican donors across the country’.

‘Buxton said he’s working for the Romney campaign because he wants “to be on the winning team.”
From : http://news.yahoo.com/ap-exclusive-romney-uses-secretive-data-mining-074735249.html

 

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