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Originally posted by Skewed
Personally, I want to know what the real unemployment numbers are.
These numbers are only based off of those that are currently in the unemployment system, and the people that are unemployed and has used all their unemployment are still probably unemployed and are not being counted.
This lack of money is done on purpose to stymie the US economy and the Dollar.
Forcing more young people into the military due to the lack of availability of jobs in the US.
From 1984 until 1999, Romney led Bain Capital, a Boston-based private equity group that earned jaw-dropping profits through leveraged buyouts, debt hedge funds, offshore tax havens and other financial strategies. In some cases, Romney’s team closed U.S. factories, causing hundreds of layoffs, or pocketed huge fees shortly before companies collapsed. During Romney’s tenure he only cared about the bottom line of Bain Capital, if it destroyed communities, it wasn’t his problem.
“They’re whitewashing his career now,” said Marc B. Wolpow, a former managing director at Bain Capital who opposes Romney’s White House bid. “We had a scheme where the rich got richer. I did it, and I feel good about it. But I’m not planning to run for office.”
The United States’ middle class can not afford any more factories, manufacturing companies or telecommunication companies sending their labor offshore. From 2000-2010 the United States has lost over 50K factories to low wage countries.
...
On top of pushing more and more of our factories offshore, he helped investors find a way not to invest in America. According another LA times report- While in private business, Mitt Romney utilized shell companies in two offshore tax havens to help eligible investors avoid paying U.S. taxes, federal and state records show. Romney gained no personal tax benefit from the legal operations in Bermuda and the Cayman Islands. But aides to the Republican presidential hopeful and former colleagues acknowledged that the tax-friendly jurisdictions helped attract billions of additional investment dollars to Romney’s former company, Bain Capital, and thus boosted profits for Romney and his partners.
Originally posted by mishigas
You'd attract a lot more people into the military by paying them well and making conditions better.
Originally posted by nh_ee
...
As long as we have predominately Millionaires in office, things will not change for the working class whom are reliant upon a paycheck.
The Millionaires in office earn the majority of their income from Stock Dividends and Bonds.
Which are taxed as capital gains at a much lower rate BTW.
Originally posted by mishigas
reply to post by nh_ee
Regardless of one's political affiliation, it is obvious that this admin has screwed the pooch. Dems as well as Reps are realizing it. So a Coke-Pepsi analogy is pointless; that's not the problem.
This lack of money is done on purpose to stymie the US economy and the Dollar.
Forcing more young people into the military due to the lack of availability of jobs in the US.
You'd attract a lot more people into the military by paying them well and making conditions better. A robust economy would be the best way to accomplish that.edit on 8-7-2011 by mishigas because: (no reason given)