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Qtec
05-15-2012, 05:06 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> After GST was purchased by Bain Capital during Mitt Romney’s time as CEO, the integrity of the business was compromised in an effort to boost short-term profits, leaving the company with more debt than it could handle. The mill eventually closed and the pensions of those who worked there were had to be covered by the government after Romney’s Bain picked the carcass clean.

To tell the story, OFA released this video</div></div>

link (http://bobcesca.com/blog-archives/2012/05/romney-economics.html)

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><span style='font-size: 14pt'>GST had been in business since 1888. Then Bain showed up.</span>

It’s amusing that the Obama campaign is content to run on Romney’s record as it is stands even if Romney isn’t. Many of the signature accomplishments achieved during his time as governor are off-limits because they aren’t acceptable to today’s Republican party.

And on the subject of Bain capital, following today’s release from OFA, the Romney campaign has officially downgraded the claim that Romney created 100,000 jobs. The number now stands at “thousands.”

Romney’s opponents seem to paint a clearer picture of his record than he does. </div></div>

Q

Gayle in MD
05-15-2012, 06:37 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body"> <div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> After GST was purchased by Bain Capital during Mitt Romney’s time as CEO, the integrity of the business was compromised in an effort to boost short-term profits, leaving the company with more debt than it could handle. The mill eventually closed and the pensions of those who worked there were had to be covered by the government after Romney’s Bain picked the carcass clean.

To tell the story, OFA released this video</div></div>

link (http://bobcesca.com/blog-archives/2012/05/romney-economics.html)

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><span style='font-size: 14pt'>GST had been in business since 1888. Then Bain showed up.</span>

It’s amusing that the Obama campaign is content to run on Romney’s record as it is stands even if Romney isn’t. Many of the signature accomplishments achieved during his time as governor are off-limits because they aren’t acceptable to today’s Republican party.

And on the subject of Bain capital, following today’s release from OFA, the Romney campaign has officially downgraded the claim that Romney created 100,000 jobs. The number now stands at “thousands.”

Romney’s opponents seem to paint a clearer picture of his record than he does. </div></div>

Q </div></div>

<span style="color: #990000">He's a thief! Tax payers had to pay part of what he stole from those poor folks!

Downgraded his claims? His job creation claims went from hundreds of thousands, to ten's of thousand, to now, just thousands, so I suppose that means less than twenty thousand jobs?

What a liar he is!</span> /forums/images/%%GRAEMLIN_URL%%/mad.gif

llotter
05-16-2012, 06:47 AM
The biggest mistake that Bain made was to believe that the union would want to see their company succeed and their jobs secured. However, sleeping on the job while drawing double-time pay is not the path of success and that is exactly what some at GST were doing according to one ex-employee. One economic truism is that people must earn more than they are paid at all times and places but, too often today, the redistribution of wealth has obscured that fundamental truth.

I remember many years ago when a Buffalo newspaper was in danger of closing and someone offered to buy the paper and keep it going if only he could fire some people based on productivity rather than union rules. The union refused and the Courier-Express closed and everyone lost their job.

In Greece and France and California, the people think they can over-ride economic truth through the ballot box but it cannot be done. I am afraid that if the ballot box doesn't work and it won't, the people will resort to violence. The hand-writing is on the wall for everyone to see and Romney is too nice a guy to make the hard decisions.

cushioncrawler
05-16-2012, 07:15 AM
Economic truth = krappynomix.

California iz different. It aint a country. California duznt hav its own currency. California must hav austerity.

U are saying that a lack of austerity in greece and france will lead to violence.
U are saying that austerity in greece and france will not lead to violence.

U are saying that romney if elected will not deliver on hiz promises.
mac.

llotter
05-16-2012, 07:36 AM
I am saying that politicians need to start telling the truth, especially those from the Left that continue to promise a free lunch. Violence can only be avoided or minimized when such promises are no longer told or believed.

Romney, as everyone else, is fooling people into believing the federal government can deliver solutions. In my mind, the only long term solution is to dismantle the federal Nanny State completely and return the freedom and responsibility back to the people for their own well being. Some of this can be done fairly rapidly and some will take decades to dismantle but the important thing is to set a course that is easily understood. Unfortunately, virtually no one is carrying this much needed message.

Soflasnapper
05-16-2012, 08:52 AM
Romney has foolishly set the bar so high that he will inevitably fail, even if the economy has a very strong performance if he is elected.

He has said that anything over 4% unemployment means there is still work to do, and that anything less than 500,000 new jobs a month is a bad, failing and unacceptable recovery.

Problem for him: neither number can be achieved, by anyone, under any set of policies that are possible. He is a failure on those terms even before he begins.

Quite the genius! In an effort to lie about what's going on-- lies that aren't even necessary-- for short term benefit, he's sealed his long term doom, using his own standards? What won't he say or do, then, even when it hurts him almost immediately and mortally? Pretty desperate character! Campaigning like his future life (as a demi-god?) depends upon it?

cushioncrawler
05-16-2012, 05:19 PM
I am saying that politicians need to start telling the truth, especially those from the Left that continue to promise a free lunch. WRONG.
Violence can only be avoided or minimized when such promises are no longer told or believed. WRONG.
Romney, as everyone else, is fooling people into believing the federal government can deliver solutions. WRONG.
In my mind, the only long term solution is to dismantle the federal Nanny State completely and return the freedom and responsibility back to the people for their own well being. WRONG.
Some of this can be done fairly rapidly and some will take decades to dismantle but the important thing is to set a course that is easily understood. WRONG
Unfortunately, virtually no one is carrying this much needed message.

Romney has foolishly set the bar so high that he will inevitably fail, even if the economy has a very strong performance if he is elected. He has said that anything over 4% unemployment means there is still work to do, and that anything less than 500,000 new jobs a month is a bad, failing and unacceptable recovery.

Problem for him: neither number can be achieved, by anyone, under any set of policies that are possible. WRONG.

HITLER WOULD HAV PERMANENT FULL EMPLOYMENT IN THE THEUSOFA IN A FEW MONTHS. IN FAKT, TOO MANY JOBS, AND ZERO INFLATION.
MAC.

llotter
05-16-2012, 07:35 PM
Good at making declarative statements about what's wrong but I don't see your solutions.

Gayle in MD
05-16-2012, 08:21 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Soflasnapper</div><div class="ubbcode-body">Romney has foolishly set the bar so high that he will inevitably fail, even if the economy has a very strong performance if he is elected.

He has said that anything over 4% unemployment means there is still work to do, and that anything less than 500,000 new jobs a month is a bad, failing and unacceptable recovery.

Problem for him: neither number can be achieved, by anyone, under any set of policies that are possible. He is a failure on those terms even before he begins.

Quite the genius! In an effort to lie about what's going on-- lies that aren't even necessary-- for short term benefit, he's sealed his long term doom, using his own standards? What won't he say or do, then, even when it hurts him almost immediately and mortally? Pretty desperate character! Campaigning like his future life (as a demi-god?) depends upon it? </div></div>

We may soon see the Lying POS running from reporters, like Angle did.

Today and yesterday, the press was put on notice by the Romney Campaign, that he will not be answering any questions about Bain, or about his money.

When everything comes out about Romney's past finances, Bain, and all of his hidden money, it will all be over for him, IMHO.

G.

cushioncrawler
05-17-2012, 04:08 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body">Good at making declarative statements about what's wrong but I don't see your solutions.</div></div>The solution to most ekonimik problems iz to hav full employment. The gov kan get full employment by spending.
But the best spending iz nonfunded spending, ie Keynsian.

The usofa haz been lucky lately. The Chineze hav in effekt transformed usofa gov spending halfway to being Keynsian spending, ie a sort of psuedo or faux nonfunded spending.
If it twernt for the Chineze then theusofa ekonomy would be very sickly today.
mac.

LWW
05-17-2012, 05:15 AM
Walker by six.

llotter
05-17-2012, 06:45 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: cushioncrawler</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body">Good at making declarative statements about what's wrong but I don't see your solutions.</div></div>The solution to most ekonimik problems iz to hav full employment. The gov kan get full employment by spending.
But the best spending iz nonfunded spending, ie Keynsian.

The usofa haz been lucky lately. The Chineze hav in effekt transformed usofa gov spending halfway to being Keynsian spending, ie a sort of psuedo or faux nonfunded spending.
If it twernt for the Chineze then theusofa ekonomy would be very sickly today.
mac. </div></div>

Wrong. Wrong. Wrong.

Keynes (pronounced to rhyme with rains) stimulus spending failed in the Depression, failed in Japan and is failing in Europe and here as we speak.

The Chinese have enable us to become more and more dependent on transfer payments for our survival, much like a drug pusher makes it easy to get people hooked on his products.

cushioncrawler
05-17-2012, 07:38 AM
I only know of one time that Keynes haz been uzed, and that woz during WW2. And it created full employment.
That makes it one out of one.
But praps the latest Chineze bizness makes it 2 from 2.

Hitler's stimulus duznt count seeing az it woz before Keynes, thusly it karnt be called Keynesian. In fakt Keynes plagiarized Hitler. I wonder if he gave Adolf any credit.

This iz praps the 20th time i hav sayd it on this forum.
A funded deficit iz not a Keynesian stimulus.

Krappynomicysts uze words like crowding out and crowding in to poo-poo Keynes. Idiots.
mac.

cushioncrawler
05-17-2012, 07:44 AM
...................Keynes (pronounced to rhyme with rains) stimulus spending failed in the Depression, failed in Japan and is failing in Europe and here as we speak...................

No, Keynes didnt fail in Japan. Keynes haz never failed anywhere and never will. Krappynomicysts wouldnt understand.

Just for the record. Japan woz doing rather well, and then, one day, after it had achieved something that it woz scared to looz, Japan decided to hedge, how????, why, by converting whollusbollus to western style finance and krappynomix, thats how, just to hedge, koz they now had much to looz.
HHHHAAAAAAHAAAAHHAAAAAHHHHHHHHHHAAAAAAAAAAAAAA.
The prix went down.
Western style krappynomix and finance duznt work.
Koodnt happen to a bigger bunch of prix.
mac.

Geeez i hate the japs. Bastards.

Gayle in MD
05-18-2012, 07:39 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: cushioncrawler</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body">Good at making declarative statements about what's wrong but I don't see your solutions.</div></div>The solution to most ekonimik problems iz to hav full employment. The gov kan get full employment by spending.
But the best spending iz nonfunded spending, ie Keynsian.

The usofa haz been lucky lately. The Chineze hav in effekt transformed usofa gov spending halfway to being Keynsian spending, ie a sort of psuedo or faux nonfunded spending.
If it twernt for the Chineze then theusofa ekonomy would be very sickly today.
mac. </div></div>

Wrong. Wrong. Wrong.

Keynes (pronounced to rhyme with rains) stimulus spending failed in the Depression, failed in Japan and is failing in Europe and here as we speak.

The Chinese have enable us to become more and more dependent on transfer payments for our survival, much like a drug pusher makes it easy to get people hooked on his products. </div></div>

Correction. Austerity is failing all over Europe, not stimulus spending. And Stimulus spending is what began to bring our country out of the depression, even before WWII, not austerity. Austerity is what failed, under Hoover.

It was Bush and Cheney, who yapped all the while they were running up debt, borrowing more than all previous administrations combined, that the "Deficits don't matter."

It was Repiglican Greenspan, who kept interest rates unjustifiably low, to benefit Bush's "Ownership Society"....

It was Bush, who ran up more and more dependence on borrowing from China, and other countries, while spending annd not paying for anything, after he blew the budget surplus, more than doubling the National Debt.

It was Bush who cut taxes, launched two wars, and left the country buried in debt, annd in the deepest recesssion since The Great Depression.

It was Bush who pushed for no regulatory oversight, created the "Ownership Society" policy, which expanded the Real Estate bubble, and whose deregulatory policy was seen by the financial industry as a green light to do as they pleased, with no likely oversight or legal consequences.

It is still Repiglicans who are blocking regulatory oversight of the banking and financial industries, even after their greed and corruption have stolen American's wealth, and Bush, who oversaw years of only the top one or two percent, expanding their wealth, at the expense of everyone else, who lost income. The Bush Tax Cuts, which favored the wealthy, and led to the inequality of wealth.

G.