I think "if you ask 1000 economists about the GM situation" they would say the auto loan was good for the economy.
jojuggie....If your opinion is that what Obama did with the American auto industry was both wrong and a failure, fine that's your right.
It's also my right to disagree and I believe if a national poll were taken the vast majority of Americans would agree with me just like they will in November 2012.
JME....It appears that you and I are both partially right and partially wrong in what we both posted relating to romney's taxes. I was incorrect in what his capital gains tax position would have on his taxes but his overall tax plan would reduce the amount of taxes he pays.
http://business.time.com/2012/01/25/r...
It doesn't do much to prove he is even a little in touch with the reality of the common American.
romney was for letting GM and Chrysler fail and let millions lose their jobs. By Obama providing a loan which has been partially paid back and the rest held as stocks GM is now the number one auto maker in the world. The amount of that loan was little more than a few days of bush's war in Iraq. As with the difference's in their tax plans, I'll side with Obama on this one.
Obama is trying to set up a program to help home owners who are slightly under water but are employed and otherwise solvent to refinance at the lowest possible rates. These home owners are the same tax payers that bailed out these same banks and wall street and made sure the people that misrepresented the housing market never missed their multi million dollar bonus's. romney's plan is to let homes that are under water to go into foreclosure so investors can buy them up at discount prices and turn them into rentals. Again, I'm going to have to side with Obama on this one.
romney has spent his whole life working with and for the top 1% and if elected president that is exactly where his focus would be and that's exactly why Obama will win with even a higher percentage of the popular vote than in 08. Obama by a landslide.
romney pays 13.64% in taxes because his income is taxed as capital gains and not earned income. If romney becomes president he wants to eliminate the capital gains tax and therefore would pay no tax on his $56,000.00 a day income.
Who in there right mind would vote for that?
redeye1....The best example of spending the "tax payer monies" to help a few was when these same "home owner/taxpayers" bailed out these same banks so upper management wouldn't miss any of those multi million dollar bonus's. All they want to do is refinance at the lost rate available.
Or I guess we could go with romney's idea and just let all these people lose their homes so "investors" can buy them up at discount prices and turn them into rentals.
redeye1.....chevron just posted their quarterly report. Guess what? Record profits yet AGAIN!
I'm providing a link that I feel proves corporate greed causes gas prices to keep going up. cheveron is one of the richest companies in the world, making record profits quarter after quarter and at the same time being subsidized by the American tax payer.
http://www.sfgate.com/cgi-bin/article...
Now maybe you can post a link that explains why Obama should be blamed for today's gas prices.
Just a little follow up on the article. The writer states that the republicans will not be working with Obama in the coming year. My question would be, how is that any different that the past three years?
The article also mentions romney's 14% tax rate but fails to mention that romney wants to eliminate the capital gains tax so he would actually pay no taxes.
If you want to know what the teabagger/republican agenda is it is contained in the link below, about yet another record quarterly profit for chevron while being subsidized by the American tax payer.
http://www.sfgate.com/cgi-bin/article...
If a person is sane enough to try and hide their crime they are sane enough to go to trial.
Jason....There is a big difference between opinion and fact.
In post #23 youngstown_strong posted a list and represented that list as fact. He/She then offered to back up anything on the list with a link. In other words that list is represented as fact because it is.
In post #25 you you provided a list and represented it as fact.
In post $26 I asked you to do the same as what youngstown_strong offered and provide links to back up what you posted.
In every one of your post since you refuse to post a link to back up anything on your list. As peacelove points out, if your list is common knowledge how hard is it to post those links? In my book that turns your list that you represent as fact into nothing more than your opinion.
In post #33 I post a link to all of Obama's promises along with their results. I could have just as easily only posted the promises he kept but i didn't, I included the promises he didn't keep and one's he made compromises on. In other words I posted facts not opinion.
If you or anyone else wants to go through that ENTIRE list of facts and then form the opinion that Obama was not the right choice in 08 or that mitt or newt are a better choice in 2012 then I accept that. That's the difference between someone posting opinions with nothing to back it up and someone else posting facts along with links to back them up or offering to do so if asked.
peacelover.....My previous post is a list of the promises he made and there results but as you point out, the other posters prefer "common knowledge".
The problem is when your "common knowledge" comes from rush, teabagger blog sites Fix Noise and and any other rag ruppert murdoch owns. It wouldn't matter what proof you show these people, they're defective and there isn't anything to do about it but laugh.
It really doesn't matter, Obama will win by a bigger margin in the popular vote and will be reelected by a land slide. The republican party will be done with more people walking, I mean running away from it as fast as they can.
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