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Originally posted by PMNOrlando
reply to post by wittgenstein
Have you noticed how many of our freedoms he's taking away. If you research the character of this man you'd vote for anyone but him. Like you said, they're all just puppets, but there are way too many question marks about his past, and his true agenda.
My vote will be for anyone but Him. NObama/2012
Interesting. I'll have to disagree to a certain extent. Corporate interests have not only been robbing the American people of their wealth, but people all over the world as well way before any Bush ever held office. The only difference before was that it was done more covertly compared to today where it is very much overt.As far as Obama getting my support, it would be the direction I would grudgingly go. At least I know this evil to a certain extent. I find Romney to be a very scary motherf@#$er. He has scandal written all over him. He pretty much told the American people his administration would mainly consist of financial interests and individuals.
Originally posted by wittgenstein
However, I know why a “progressive” was allowed to be elected. After Bush caused our current financial mess by letting international corporations and their elite rob the American people thru deregulation
Romney's new economic team, announced on Tuesday, includes Columbia Business School Dean Glenn Hubbard, CEA chairman from 2001-2001; Harvard economist Greg Mankiw, CEA chairman from 2003-2005; former Minnesota congressman-turned-lobbyist Vin Weber and former Republican senator from Missouri Jim Talent. Their combined records include lobbying for stimulus funds and in favor of cap and trade, advocating for the Federal Reserve's quantitative easing policy and refusing to divulge conflicts of interest with big businesses seeking influence in the government.
Weber, who is both the managing partner at the lobbying firm Clark & Weinstock and a regular unpaid operative for GOP campaigns, was a hired lobbyist for troubled government-sponsored housing giant Freddie Mac during the run up to the 2008 economic collapse. He also helped companies win money from the Obama administration's 2009 stimulus bill.
Talent, a former senator from Missouri, is now the co-chairman for Mercury Public Affairs, a lobbying firm based in that state. Unlike Weber, he has not registered as a lobbyist, allowing him to avoid divulging the clients that he serves. But Talent's bio on the Mercury site lists "lobbying" as one of his "actions" available to clients.
HUFF POSTIt's quite interesting when you begin to notice the revolving door in worldwide politics. And people wonder why things are just getting worse instead of better.
Hubbard, Bush's first CEA chairman, has taken flack recently for his appearance in Charles Ferguson's Oscar-winning documentary "Inside Job," which documented the 2008 financial collapse and the conflicts of interests of those involved. Hubbard, who is the dean of Columbia University's Business School, was confronted in the film about performing consulting work for financial firms while occupying a prestigious university chair; he refused to divulge his clients and board memberships.
Originally posted by wittgenstein
After Bush caused our current financial mess ..
The Glass-Steagall Act of 1933 separated the activities of commercial banks, which take deposits, from investment banks, which invest money. It was repealed in 1999. That relaxation of the rules enabled commercial lenders, like Citigroup, to trade instruments such as mortgage-backed securities and collateralised debt obligations. Many see the repeal of the Glass-Steagall Act as a major, direct cause of the current financial crisis.
But it was signed by a Democratic President, Bill Clinton, and supported by many other Democratic politicians, among them the scourge of Bush deregulation Nancy Pelosi. What is more, President Bush actually increased the burden of regulation on US companies, enacting in 2002 what he called "the most far-reaching reform of American business practices since the time of Franklin D Roosevelt", the Sarbanes-Oxley Act - A response to a number of major corporate and accounting scandals, including the collapse of the energy group Enron, Sarbanes-Oxley significantly increased the reporting requirements and accountability of company boards and management.
The sheeple have no knowledge of history or economics ...
The only difference is that Obama throws the middle class a bone ( tax cuts etc) now and then to keep us quiet.
The worst fears about Obamacare are now being realized in a decision on Monday by the Medicare Payment Advisory Commission (MPAC) established by the law to supervise $500 billion in Medicare cuts. MPAC, whose decisions have the force of law, has voted to impose drastic pay cuts on all doctors under Medicare and, by extension, under Medicaid (which tends to follow suit). The cuts will effectively reduce the real pay for specialists by 50% over the next ten years — including a 25% reduction over the next three years — and cut general practitioners’ pay by one-third over ten years (and that assumes that inflation stays down at 3% a year).
MPAC has ruled that specialists must accept a 6% cut in their fees per year for each of the next three years followed by a seven year freeze in their fees without any adjustment for inflation. If inflation stays very low — at 3% per year — this cut amounts to an 18% cut in nominal pay and a 50% cut in real pay for specialists. General practitioners will face a ten year freeze on their pay, reducing their real compensation by one-third assuming ongoing low inflation. Higher inflation, of course, would make the cuts in real pay even more drastic.
* Unfortunately, Romney agrees with indefinite detention.
President Obama today signed an executive order that will formalize the indefinite extralegal detention of terror suspects without charges as a permanent aspect of American life, while announcing that he intends to use this on detainees “who continue to pose a significant threat to national security” but against whom there is insufficient evidence to actually charge them with any crime.
President Obama signed the National Defense Authorization Act (NDAA) into law today. The statute contains a sweeping worldwide inindefinite detention provision
So are you saying you're voting for Obama (who hasn't changed your situation either)?
Originally posted by BubbaJoe
Originally posted by PMNOrlando
reply to post by wittgenstein
Have you noticed how many of our freedoms he's taking away. If you research the character of this man you'd vote for anyone but him. Like you said, they're all just puppets, but there are way too many question marks about his past, and his true agenda.
My vote will be for anyone but Him. NObama/2012
Maybe I am seriously ignorant, but please lay out the freedoms he has taken away. Question marks about Obama's past and agenda, there are just as many in my head about Romney and his past and agenda. I am lower middle class and my life has not changed one iota in the last 3.5 years. I still go to work, struggle to pay my bills, and don't feel like I am getting ahead. You are going to tell me that Romney is going to change that, ha, would rather tie my dog to the roof of the car, and drive him through the car wash.
Originally posted by PMNOrlando
reply to post by wittgenstein
Have you noticed how many of our freedoms he's taking away. If you research the character of this man you'd vote for anyone but him. Like you said, they're all just puppets, but there are way too many question marks about his past, and his true agenda.
My vote will be for anyone but Him. NObama/2012