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by SitasMom on 21 September 2012 - 15:09
all i'm saying is that its good to know as much about each candidate as possible - from all sides (socialist, libertarian, progressive, conservative), only with this does one have a better idea of who he/she really is.
i still don't understand why some people resent people that have been successful in their fortunes - i celebrate each and every success and hope that one day i too can be the same......

by Keith Grossman on 21 September 2012 - 16:09
That entire narrative is ridiculous; there is no wholesale resentment of people who have, through innovation, hard work and perseverance, achieved success. Those people, people like Steve Jobs, Bill Gates, Ross Perot, et.al., are typically respected and admired by most for the contributions they have made and continue to make, the products they've developed and the innovations they've pioneered. They add value to society. The problem is that we have come to a point where, because wealth is seen as a good thing that everyone would like to have, people see the acquisition of it by any means as good by extension.
Mitt Romney became fabulously wealthy on the backs of working people without having ever contributed anything to society...no products, no innovations, no nothing. He and his cohorts at Bain systematically and forcefully took over already struggling companies, saddled them with more debt than they could ever pay back, paid themselves huge "management fees" and dividends for doing so then shuttered them putting their workers on the street. From my perspective, that is nothing more than legalized theft. What next...are we going to hold up people like Pablo Escobar as heros because they were able to create fabulous wealth in the drug trade? How about international arms dealers who sell weapons to terrorists? Where do we draw the line on what is a morally acceptable way to attain wealth?
Aside from that, there is some resentment over the very wealthy typically paying a lower marginal tax rate than the middle class. Why should people like Mitt Romney, who don't even have to get out of bed in the morning to earn their money, pay a lower tax rate than working people who get up every day and actually contribute something to society and why is it unreasonable to expect those who benefit most from our socio-economic system to also pay the most?
"i celebrate each and every success and hope that one day i too can be the same......"
Good luck with that but the best you can hope for is to one day live comfortably...that's the reality.
by SitasMom on 21 September 2012 - 16:09
Democrats adopted a budget, Republican leaders in the Senate on Thursday assailed Senate Majority Leader Harry Reid and Senate Democrats for their failures, promising to pass a budget if voters put them in the majority after November.
Sen. Jeff Sessions (R-AL), the ranking member on the Budget Committee, said “this nation has never faced a more difficult financial challenge” than it current “deep systemic demographic problems.”
“They need to be addressed yet today marks the 1,240th day since the Democratic Leadership in the Senate adopted a budget,” Sessions said. “For three years in a time of financial crises, the Senate’s Democratic majority has failed to comply with the United States code that requires us to bring up a budget and bring it to the floor of the United States Senate.”
Sessions said the Democrats’ failure was “a colossal failure of leadership” and “a failure of fundamental responsibility.” He declared that such a failure makes Democrats “unable to be able to ask to be returned to leadership.”
Sen. John Cornyn (R-TX) said failing to pass a budget for three years should be a “national scandal” and vowed Republicans would pass a budget if put in the majority.
“When Republicans regain the majority in the Senate, we will pass a budget, we will reduce the deficit, we will tackle our long-term debt and we will help grow the American economy by getting our boot off the neck of the small businesses and job creators in our country,” Cornyn declared.
Sen. Mike Enzi (R-WY) said the Obama administration and the Senate majority “have failed to govern during a crucial time for our nation,” and “there is a willingness to kick our problems down the road with the hopes that the next election will suddenly inspire action.”
“Rome burned while Nero fiddled,” Enzi said. “We have had enough fiddling.”
Senate Minority Leader Mitch McConnell also said, “the fact that we have an election coming up is not an excuse for not tackling the tough problems,” because “no matter what the American people decide this November, the problems are there.”
“And our commitment to the American people is, if we’re in the majority, we'll do the basic work of government and our hand will be out to our colleagues on the other side and whoever the President of the United States is," McConnell said. "It is time to tackle the biggest problems in the country, the most predictable crisis in American history.”
Senate Majority Leader Harry Reid (D-NV) later took to the Senate floor and accused the Republican Senators of “hubris.”
Brightbart.comby SitasMom on 21 September 2012 - 16:09
Bain Capital took failing companies, did the dirty work and made them profitable.
Had they not done this, all those companies would have failed and ALL the employees would have lost their jobs.
Some companies did fail but many more thrived.
Some were layed off and or fired, many more were eventually hired.

by Keith Grossman on 21 September 2012 - 16:09
This is a lie. When you repeat the lies of others they become your own.

by gsdpartisan on 21 September 2012 - 16:09
As far as Bain Capital--"Venture capital is financial capital provided to early-stage, high potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it INVESTS in, which usually have a novel technology or business model in high technology industries, such as biotechnology, IT, software, etc." Bain risks it's own money by LENDING to start-up businesses or companies in trouble that need money to stay in business. If the company fails, Bain loses its' investment so it is in their own interest that the company they lend to succeeds. Some of the companies Bain has helped: Staples, medical equipment maker Calumet Coach, technology research outfit the Garner Group, Totes, Experian, Sealy Corp, Alliance Laundry Systems, Domino's Pizza & Artisan Entertainment. Yes, they had failures & some companies did not succeed. But that's the chance you take when you start a business & then borrow money. Everyone can't survive in business...but they CAN pick themselves up & start again & be better & stronger. Why don't you get that???????
Mitt Romney has worked his whole life & has succeeded....that's what this country is all about.

by Keith Grossman on 21 September 2012 - 16:09
The wealthy have access to the legislative process that common people don't enjoy. That access allows them to change the TAX LAWS in their favor. It really isn't that terribly difficult to understand.
"Why don't you get that???????"
I love it when non-business people think they know something about how business works.

by Blitzen on 21 September 2012 - 17:09
by Blitzen on 21 September 2012 - 17:09
by Blitzen on 21 September 2012 - 17:09
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