Jul
09

Obama and Job Creation- ABYSMAL

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Are you better off than you were 4 years ago?  With this iconic question, Ronald Reagan summed up an entire campaign.  Every time we go to elect a President, this is a fair question.  With our economy struggling, still, as we turn to the next election, good people everywhere need to not let the distortions about Romney overshadow the Obama record.  No wonder the Obama camp wants to keep things focused on Romney and personal attacks.  They know they cannot defend his record.  FACT- We have 500,000 FEWER jobs in this country now than we did when Obama became President.  If you call that a record of job creation, I have to seriously question your math skills!

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Comments

  1. viguy007 says:

    Bill: “It depends on what the meaning of the words ‘is’ is.”
    Mitt: It depends on what the meaning of the words ‘employed’ is.
    The Blue Dress is Mitt’s Tax Returns
    No stain, no pain
    Can a person be impeached before he is elected
    This question is Mitt’s Bain in the A$$.

    Oh what a tangled web we weave,
    When first we practise to deceive!

    We must all remember a major contributing cause of the Financial Crisis of 2008 was the filing of false or misleading documents with the SEC. This is no small matter, since 2009 the SEC has collected fines of over 3 Billion dollars for this; from financial institutions such as, among others: Countrywide Financial, Bank of America, Goldman Sachs, Citigroup, Merrill Lynch, Charles Schwab, Credit Suisse Group, J.P. Morgan, Wachovia Bank, and UBS Financial Services. Even if Mitt Romney actually left all operational control of Bain Capital 1999, he sanctioned and acquiesced to the filing of false and misleading documents with the SEC until 2002. While this violation may not rise to the level of these other institutions, it does indicate a certain attitude towards these filings. The complete and truthful disclosure of all facts is unimportant. This was an attitude all too prevalent in the financial community prior to 2009, and all of us paid the cost.

    Is full disclosure to the SEC one of the regulations Mitt would do away with? What about the other regulations regarding the financial community; Wall Street and the banks too big to fail? If you put a fox in charge of the chicken coop, you have a problem for the chickens. Will Mitt’s election be the equivalent of that for the small investor? As a life-long Republican, small investor, and small businessman, I can not take that chance; I have been burnt once by a government that did not believe in regulation, and was asleep at the wheel. The sad thing is that Bain was first brought up by a candidate who wanted to colonize the moon, and the false filing was never mentioned. If this was discovered earlier, I would not have supported Mitt in the primaries and we would have a different candidate. Perjury is perjury. It was ethically and morally equal to saying “I never had sex with that woman” only worse since it was related to a public institution, not sex; and there could be no equivocation since the two official documents Mitt signed exactly contradict each other 100%. He can not flip-flop between these two documents. The only way he can extract himself from this hole is release the 12 years of tax returns, as his father did, and thereby prove he received no direct benefit from Bain after 2000.

    • The Guru says:

      My friend, you are very mistaken and have beleived the propaganda machine of the Obama team. There is no smoking gun at least where these SEC documents are concerned. Every independant fact checking organization has said the Obama team is WRONG. Romney did NOT file any misleading or false documents. He went on a leave of absence so he was not running Bain. He did this to rescue the Olympics. When he saw it was going to be a bigger mess and he got into it he made the decision to permanently leave Bain and so he resigned as of the last day he actually worked as CEO, when he took the leave of absence that turned into a permanent resignation. So during his leave of absence when he presumably intended to return, he was officially listed as CEO, even though he was not running the firm. When he made his resignation official and permanent it was naturally effective the last day he worked. Nothing to see here kids, time to go home!
      In addition, they have pointed to various subsidiaries of Bain that Romney had a financial interest in, but again, no day to day running.

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