Romney Watch: New Frontiers of Falsehood

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Re: Romney Watch: New Frontiers of Falsehood

Postby Savonarola » Fri Apr 27, 2012 11:38 pm

Darrel wrote:7. Romney added that under Obama, "we will have effectively ceased to be a free enterprise society."

No one can seriously believe such nonsense.
Republicans can. They will believe anything FOX News wants them to believe.
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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Sat Apr 28, 2012 11:51 am

Mitt Romney Wants MANDATORY Porn Filters on ALL COMPUTERS

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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Tue May 08, 2012 11:48 am

Mitt Romney, American Parasite
The Presidential candidate's years at Bain represent everything you hate about capitalism.

Excerpt:

"His specialty was flipping companies—or what he often calls "creative destruction." It's the age-old theory that the new must constantly attack the old to bring efficiency to the economy, even if some are destroyed along the way. In other words, people like Romney are wolves, culling the herd of the weak and infirm.

His formula was simple: Bain would purchase a firm with little money down, then begin extracting huge management fees and paying Romney and his investors enormous dividends.

The result was that previously profitable companies were now burdened with debt. But much like the Enron boys, Romney's battery of MBAs fancied themselves the smartest guys in the room. It didn't matter if a company manufactured bicycles or contact lenses; they were certain they could run it better than anyone else.

Bain would slash costs, jettison workers, reposition product lines, and merge its new companies with other firms. With luck, they'd be able to dump the firm in a few years for millions more than they'd paid for it.

But the beauty of Romney's thesis was that it really didn't matter if the company succeeded. Since he was yanking out cash early and often, he would profit even if his targets collapsed.

Which was precisely the fate awaiting Georgetown Steel.

When Bain purchased the mill, Sanderson says, change was immediate. Equipment upgrades stopped. Maintenance became an afterthought. Managers were replaced by people who knew nothing of steel. The union's profit-sharing plan was sliced twice in the first year—then whacked altogether.

"When Bain Capital took over, it seemed like everything was being neglected in our plant," says Sanderson. "Nothing was being invested in our plant. We didn't have the necessary time to maintain our equipment. They had people here that didn't know what they were doing. It was like they were taking money from us and putting it somewhere else."

History would prove him correct. While Georgetown was beginning its descent to bankruptcy, Romney was helping himself to the company's treasury."

http://www.seattleweekly.com/2012-04-18 ... -parasite/
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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Tue May 08, 2012 12:36 pm

Holy Shit. What a lying sack of crap!

"I pushed the idea of a managed bankruptcy," Romney said. "And finally, when that was done, and help was given, the companies got back on their feet. So I'll take a lot of credit for the fact that this industry's come back." --Mittens

"...According to the federal judge who presided over Chrysler's bankruptcy in 2009, the company would not have survived without the bailout. Ford survived without taking a government loan.

Romney's stance on the bailouts and his infamous 2008 New York Times op-ed "Let Detroit Go Bankrupt," have come up throughout the campaign, especially ahead of February's primary in Michigan. In that editorial, Romney argued that a government bailout for ailing auto giants Chrysler and General Motors would do more harm than good.

"If General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye," Romney wrote. "In a managed bankruptcy, the federal government would propel newly competitive and viable automakers, rather than seal their fate with a bailout check."

"Bailout of enterprises that are in trouble, that's not the right way to go," Romney told CNN's Larry King in 2009. "I know President Bush started it with the auto industry. I thought it was a mistake."

Huff Po

The level of blatant dishonesty tolerated in American political discourse is absolutely mind boggling.

*update:

Nice debunk in one minute.
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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Tue May 08, 2012 1:15 pm

Saw it on Huff Po:

***
1. GLOBAL WARMING. JUNE, 2011: Believed in it.
OCT 2011: Doesn't believe in it.

2. CORPORATE TAXES: Raised Property Taxes and Corporate taxes AS GOVERNOR OF MASS
TODAY: Romney opposes new taxes on corporations or the rich.

3. GREEN ENERGY. 2003: Created Green Energy fund, to support alternative energy sources.
TODAY: He opposes green-energy and criticizes Obama for supporting it.

4. INDIVIDUAL MANDATE. Romney signed the individual mandate as Gov of Mass
TODAY: Romney opposes an Individual Mandate

5. INDIVIDUAL MANDATE (again). JUST TWO YEARS AGO: Supported a Federal Individual Mandate.
TODAY: Romney opposes an Individual Mandate:

7. AB0RTl0N. 2002: "I will preserve and protect a woman’s right to choose."
TODAY: Opposes

7. MILITARY SERVICE: 1994: "I was not planning on signing up for the military - to serve in Vietnam." Boston Herald.
2007: Wishes he had served. But had a Great time in France!

8. ROMNEY on GAY MARRIAGE. Aug. 25, 1994. "authorization of marriage on a same-sex basis falls under state jurisdiction."
June 13, 2010. Supports a constitutional amendment to ban gay marriage.

Romney on Auto Bailout: November 2008 in NYT “Let Detroit go Bankrupt.”
May 7, 2012 “It was my idea.”
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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Wed May 09, 2012 9:44 pm

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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Tue May 15, 2012 12:01 am

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How Did Romney Get so Rich?

Here's how.

Robert Reich explains it in eight steps and less than three minutes.
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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Wed May 16, 2012 6:28 pm

Nice long referenced list of Romney flip flops... http://mittromneysflipflops.com/
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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Thu May 17, 2012 5:18 pm

Nice Greatest Hits collection of Romney quotes:

***
1. "Corporations are people, my friend… of course they are. Everything corporations earn ultimately goes to the people. Where do you think it goes? Whose pockets? Whose pockets? People's pockets. Human beings, my friend." —Mitt Romney to a heckler at the Iowa State Fair who suggested that taxes should be raised on corporations as part of balancing the budget (August 2011)

2. "I like being able to fire people who provide services to me." –Mitt Romney, using an unfortunate choice of words while advocating for consumer choice in health insurance plans (January 2012)

3. "I'm not concerned about the very poor. We have a safety net there." —Mitt Romney (January 2012)

4. "I'll tell you what, ten-thousand bucks? $10,000 bet?" –Mitt Romney, attempting to make a wager with Rick Perry during a Republican presidential debate to settle a disagreement about health care (December 2011)

5. "I should tell my story. I'm also unemployed." —Mitt Romney, speaking in 2011 to unemployed people in Florida. Romney's net worth is over $200 million.

6. "There were a couple of times I wondered whether I was going to get a pink slip" –Mitt Romney, attempting to identify with the problems of average folk (January 2012)

7. "[My wife] drives a couple of Cadillacs." –Mitt Romney, campaigning for president in Michigan (February 2012)

8. "I get speaker's fees from time to time, but not very much." —Mitt Romney, who earned $374,000 in speaking fees in one year according to according to his personal financial disclosure (January 2012)

9. "PETA is not happy that my dog likes fresh air." —Mitt Romney in 2007, responding to criticism from People for the Ethical Treatment of Animals following revelations that he had once put the family dog in a carrier and strapped it to the roof of his car during a 12-hour road trip

10. "I believe in an America where millions of Americans believe in an America that's the America millions of Americans believe in. That's the America I love." –Mitt Romney (January 2012)

11. "I have some friends who are NASCAR team owners." —Mitt Romney, after being asked whether he follows NASCAR racing (February 2012)

12. "I like those fancy raincoats you bought. Really sprung for the big bucks." —Mitt Romney to a group of NASCAR fans wearing plastic ponchos at the Daytona 500 (February 2012)

13. "I love this state. The trees are the right height." —Mitt Romney, campaigning in Michigan (February 2012)

14. "I'm running for office for Pete's sake, we can't have illegals" –Mitt Romney, recalling his reaction when he learned that there were illegal aliens working the ground on his property, employed by a firm that he subsequently fired (October 2011)

15. "Who let the dogs out? Who, who." –Mitt Romney, during an awkward photo op with a group of African Americans kids at a Martin Luther King Day parade (January 2008)

16. "I'm Wolf Blitzer and yes, that's my real name." —CNN's Wolf Blitzer at the beginning of a November 2011 Republican presidential debate
"I'm Mitt Romney—and yes Wolf, that's also my first name." —Mitt Romney, getting his own name wrong (his first name is "Willard," and his middle name is "Mitt")

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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Tue May 22, 2012 11:32 pm

Obama spending binge never happened

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"WASHINGTON (MarketWatch) — Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree.

As would-be president Mitt Romney tells it: “I will lead us out of this debt and spending inferno.”

Almost everyone believes that Obama has presided over a massive increase in federal spending, an “inferno” of spending that threatens our jobs, our businesses and our children’s future. Even Democrats seem to think it’s true.

Government spending under Obama, including his signature stimulus bill, is rising at a 1.4% annualized pace — slower than at any time in nearly 60 years.

But it didn’t happen. Although there was a big stimulus bill under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s."

LINK
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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Sun Jun 03, 2012 7:12 pm

Why The GOP's Favorite Anti-Obama Chart Is Complete Nonsense

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Excerpt:

"The original chart above comes from a document (.pdf) that was put out by White House economic advisors Christina Romer and Jared Bernstein on January 10, 2009. It's important to recall that his was right in the throes of the recession. At the time, things were weakening much faster than anyone could possibly realize in real time. And this is crucial.

Read this from the BEA:

In the fourth quarter of 2008, which immediately followed the 2008 financial crisis, economic activity fell sharply. BEA’s initial, or “advance” estimate of GDP for the quarter, which was released on January 30, 2009, showed a decrease of 3.8 percent at an annual rate. In the second estimate, which was released on February 27, 2009, the revised estimate showed a decrease of 6.2 percent. Since then, the estimate has been revised several more times (in March 2009, July 2009, July 2010, and July 2011), and the latest estimate shows a decrease of 8.9 percent.


Get that? Even after Romer's chart, it only looked like GDP had contracted by 3.8 percent in the previous quarter.

It turns out, GDP was contracting at 8.9 percent — massively more than anyone realized at the time.
Romer was working off very imperfect data. If even the BEA didn't realize how bad the economy was until July 2011 — over two years after the original stimulus — then Romer could have had no clue.

And this matters a lot. If stimulus works by filling the demand "hole," then it's a really big deal that the hole was nearly three times as big as anyone thought at the time.
So this endlessly hammering Romer and The White House over this chart makes for good politics, but it is misleading. It doesn't show that the stimulus failed, it shows that nobody realized how bad things were at the time, and perhaps it even unwittingly makes the case that the problem was that the stimulus wasn't nearly big enough."

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Re: Romney Watch: New Frontiers of Falsehood

Postby L.Wood » Tue Jun 05, 2012 12:54 am

.


Mitt Romney's entitlement: Winning for losing
By Robyn E. Blumner, Times Columnist
In Print: Sunday, June 3, 2012

"Mitt Romney, who secured the number of delegates needed for the Republican nomination last week, said early on that this election is a choice between President Barack Obama's "entitlement society" in which people are dependent on government benefits, and his "opportunity society" where business is free to flourish.
....
• Special tax rules allow him to pay federal income taxes of just 15 percent on his millions in "carried interest" profits, capital gains and dividends. The rest of us pay a rate of up to 35 percent on income from work.

• Bain Capital, the private equity firm Romney founded and ran from 1984 to 1999, only succeeded due to a major tax loophole. Bain was able to deduct the interest on the massive loans taken out to finance the purchase of its takeover targets — loans secured with the companies' own assets. In 2008, Germany put limits on this kind of tax shenanigans, but don't expect anything that enlightened to happen here.

• Romney's firm also enjoyed government largess in the form of job creation tax breaks. Just the year before Dade Behring, a Bain company, closed its operations in Puerto Rico in early 1998, with nearly 300 workers losing their jobs, the company received federal tax break of $3 million for promoting jobs there and a $4.1 million tax exemption from Puerto Rico.

But there is no big government entitlement as magical or beloved by Romney and Bain than the get-out-of-debt-free card bestowed by federal bankruptcy court.

Dade Behring went bankrupt, leaving Main Street creditors empty-handed, but not before Romney's firm took $242 million out of it. In fact, of Bain's 10 top business investments that made up 70 percent of the $2.5 billion Bain made for investors, four eventually went bankrupt, according to the Wall Street Journal.

That's called winning for losing, a game perfected by top 1 percenters. ......

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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Tue Jun 05, 2012 10:21 am

"Mr. Romney personally drafted an op-ed article published in The Wall Street Journal the day before he signed the legislation. The draft, written on a Saturday, also defended the individual mandate, in different language from the final version of the piece as published.

...Mr. Romney defended the mandate by noting that taxpayers generally foot the bill when the uninsured seek health care.

"Either the individual pays or the taxpayers pay. A free ride on government is not libertarian," the published op-ed stated. In a line that didn't make the edited version, Mr. Romney added: "An uninsured libertarian might counter that he could refuse the free care, but under law, that is impossible—and inhumane."

How Romney Pushed the State Health Bill, WSJ
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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Thu Jun 07, 2012 10:14 pm

Another republican chickenhawk for president:

Mitt Romney Faces New Scrutiny Over Vietnam War-Era Draft Deferments

"I was supportive of my country," Romney said. "I longed in many respects to actually be in Vietnam and be representing our country there, and in some ways it was frustrating not to feel like I was there as part of the troops that were fighting in Vietnam."

Indeed, Romney strongly supported the war at first. As a freshman at Stanford University, he protested anti-war activists. In one photo, he's shown in a small crowd of students, smiling broadly, wearing a sport jacket and holding up a sign that says, "Speak Out, Don't Sit In."

But the frustration he recalled in 2007 does not match a sentiment he shared as a Massachusetts Senate candidate in 1994, when he told The Boston Herald, "I was not planning on signing up for the military."

"It was not my desire to go off and serve in Vietnam, but nor did I take any actions to remove myself from the pool of young men who were eligible for the draft," Romney told the newspaper.

But that's exactly what Romney did, according Selective Service records. He received his first deferment for "activity in study" in October 1965 while at Stanford.

As Soltz notes, the younger Romney was under no obligation to seek a college-related deferment.

"Vietnam was a war that the poor and the people who couldn't afford to go to college had to go to," Soltz said.

After his first year at Stanford, Romney qualified for 4-D deferment status as "a minister of religion or divinity student." It was a status he would hold from July 1966 until February 1969, a period he largely spent in France working as a Mormon missionary.

He was granted the deferment even as some young Mormon men elsewhere were denied that same status, which became increasingly controversial in the late 1960s."

LINK
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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Sun Jun 24, 2012 6:06 pm

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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Tue Jun 26, 2012 10:31 am

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Re: Romney Watch: New Frontiers of Falsehood

Postby L.Wood » Mon Jul 02, 2012 4:22 pm

Romney Invested in Medical-Waste Firm That Disposed of Aborted Fetuses, Government Documents Show

Romney's actual exit from Bain Capital disputed

Earlier this year, Mitt Romney nearly landed in a politically perilous controversy when the Huffington Post reported that in 1999 the GOP presidential candidate had been part of an investment group that invested $75 million in Stericycle, a medical-waste disposal firm that has been attacked by anti-abortion groups for disposing aborted fetuses collected from family planning clinics. Coming during the heat of the GOP primaries, as Romney tried to sell South Carolina Republicans on his pro-life bona fides, the revelation had the potential to damage the candidate's reputation among values voters already suspicious of his shifting position on abortion.

But Bain Capital, the private equity firm Romney founded, tamped down the controversy. The company said Romney left the firm in February 1999 to run the troubled 2002 Winter Olympics in Salt Lake City and likely had nothing to with the deal. The matter never became a campaign issue. But documents filed by Bain and Stericycle with the Securities and Exchange Commission—and obtained by Mother Jones—list Romney as an active participant in the investment. And this deal helped Stericycle, a company with a poor safety record, grow, while yielding tens of millions of dollars in profits for Romney and his partners. The documents—one of which was signed by Romney—also contradict the official account of Romney's exit from Bain.
....
Mother Jones here
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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Tue Jul 03, 2012 2:22 am

Romney doing an excellent sales job on all the benefits of Obomneycare, the mandates, and all the rest.

Nice.

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Re: Romney Watch: New Frontiers of Falsehood

Postby Dardedar » Fri Jul 06, 2012 11:36 am

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"You guys are bright enough to look at the numbers. I came in and the jobs had been just falling right off a cliff, I came in and they kept falling for 11 months. And if you are going to suggest to me that somehow the day I got elected, somehow jobs should have immediately turned around, well that would be silly. It takes awhile to get things turned around. We were in a recession, we were losing jobs every month."
--Mitt Romney, at a press conference in June 2006 explaining why reporters were unfair to hold him accountable for disappointing jobs data.

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Re: Romney Watch: New Frontiers of Falsehood

Postby L.Wood » Fri Jul 06, 2012 1:07 pm

.

If Only He Was As Good At Creating Jobs IN America

This is a large graphic so I'm providing a link instead of posting. Click here.
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