Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Politics and Political Issues Board => Topic started by: Vince G, CSN MFT on May 14, 2012, 07:02:08 AM
-
Holy shit, they used Gringrich's 30 minute documentary and turned it into a Swiftboat style attack ad.
http://www.romneyeconomics.com
-
LOL YOU DIPSHIT!!!!
________________________ ______________
May 14, 2012
Obama’s already debunked attack ad on Romney and Bain
The Obama campaign is out with a new two-minute attack ad, hitting Mitt Romney on his past at Bain Capital. The ad, set to run in Pennsylvania, Iowa, Ohio, Virginia and Colorado, plays up the “vulture capitalism” angle. “It was like a vampire,” says a former GS Steel worker named Joe Cobb. “They came in and sucked the life out of us.”
The Romney campaign is expected to push back aggressively on what they view as a major distraction from the president’s disastrous economic record. It shouldn’t be terribly hard. The bankruptcy and layoffs occurred in 2001, two years after Romney quit running the day-to-day activities of Bain (in order to head the Salt Lake City Olympics.)
Much of this line of attack has already been debunked by, of all outlets, the Washington Post.
On May 4, in response to a similar attack, the Post wrote:
Notice a problem with the last two examples? The outsourcing occurred in 2000 and 2001. Romney left Bain in early 1999. We’ve gone over this problem with the Obama campaign before, awarding three Pinocchios to a January memo the team released blaming Romney for job losses and bad deals that took place after the former executive had stopped working for Bain.
Indeed, this is a rehash of a rehash of a rehash. In January, the Post awarded the Obama campaign “three Pinocchios” for a similar attack, noting that “Romney’s record when he was running Bain is certainly fair game, but any deals made after 1999 just shouldn’t count.”
(Interestingly, the Washington Post stories on this topic now only appear in the print version; they don’t show up otherwise.)
Read more: http://dailycaller.com/2012/05/14/obamas-already-debunked-attack-ad-on-romney-and-bain/#ixzz1uqwBuK00
VINCE - YOU AND OBAMA = HINDEMBURG MELAO, JR.
-
LOL YOU DIPSHIT!!!!
________________________ ______________
May 14, 2012
Obama’s already debunked attack ad on Romney and Bain
The Obama campaign is out with a new two-minute attack ad, hitting Mitt Romney on his past at Bain Capital. The ad, set to run in Pennsylvania, Iowa, Ohio, Virginia and Colorado, plays up the “vulture capitalism” angle. “It was like a vampire,” says a former GS Steel worker named Joe Cobb. “They came in and sucked the life out of us.”
The Romney campaign is expected to push back aggressively on what they view as a major distraction from the president’s disastrous economic record. It shouldn’t be terribly hard. The bankruptcy and layoffs occurred in 2001, two years after Romney quit running the day-to-day activities of Bain (in order to head the Salt Lake City Olympics.)
Much of this line of attack has already been debunked by, of all outlets, the Washington Post.
On May 4, in response to a similar attack, the Post wrote:
Notice a problem with the last two examples? The outsourcing occurred in 2000 and 2001. Romney left Bain in early 1999. We’ve gone over this problem with the Obama campaign before, awarding three Pinocchios to a January memo the team released blaming Romney for job losses and bad deals that took place after the former executive had stopped working for Bain.
Indeed, this is a rehash of a rehash of a rehash. In January, the Post awarded the Obama campaign “three Pinocchios” for a similar attack, noting that “Romney’s record when he was running Bain is certainly fair game, but any deals made after 1999 just shouldn’t count.”
(Interestingly, the Washington Post stories on this topic now only appear in the print version; they don’t show up otherwise.)
Read more: http://dailycaller.com/2012/05/14/obamas-already-debunked-attack-ad-on-romney-and-bain/#ixzz1uqwBuK00
VINCE - YOU AND OBAMA = HINDEMBURG MELAO, JR.
Sorry but you can't say that this ad is blistering and the website has 3 other businesses up there and they are going to milk it for everything its worth.
Like I said before, Gingrich and Santorum went "Scorched Earth" on Romney and this is the end result. This is going to be a very nasty election year
-
lol. Obama cant run on his record so he has to lie.
-
How many corporations or businesses has Obama run?
-
How many corporations or businesses has Obama run?
None and thats a good thing ;)
(BIG) Coorporation and Business owners are usually pricks
-
lol. Obama cant run on his record so he has to lie.
Just like Romney huh?
Oh wait Obama actually had OBL killed on his watch and the economy is better than when he took office so his record is actually pretty good compared to Romney who likes to screw the blue-collar american
-
Does Mitt Romney love outsourcing?
By Josh Hicks, Published: May 3 | Updated: Friday, May 4, 6:02 AM
“President Obama’s clean-energy initiatives have helped create jobs for projects across America, not overseas.”
“What about Mitt Romney? As a corporate CEO, he shipped American jobs to places like Mexico and China. As governor, he outsourced state jobs to a call center in India. He’s still pushing tax breaks for companies that ship jobs overseas.”
— Ad from President Obama’s re-election campaign
President Obama’s campaign team fired back with this ad after the conservative political advocacy group Americans for Prosperity ran a commercial saying billions of dollars in stimulus funds went toward foreign jobs. We awarded that claim Four Pinocchios in a previous column, and the Obama crew quoted us in its rebuttal.
We certainly appreciate the mention, but we can’t let that stop us from checking the claims in this ad. Is presumptive GOP presidential nominee Mitt Romney really such a fan of outsourcing? Let’s look at his record and proposals.
The Facts
The Obama campaign pointed us to a series of SEC filings and news accounts showing that three companies within Bain Capital’s portfolio sent jobs overseas. Romney served as chief executive of the firm, which specialized in private-equity investment and leveraged buyouts during his tenure there. He left the company in February 1999 to become president and chief executive of the committee that organized the 2002 Olympics in Salt Lake City.
One example of outsourcing came from the Holson Burns Group, a manufacturer of photo albums and picture frames. The company opened and then closed several new U.S. plants before outsourcing most of its production to the Far East by 1993, six years after Bain took control of the business.
The Obama campaign also mentioned Canadian electronics maker SMTC Manufacturing, which announced in March 2001 that it planned to move one of its production operations, then located in Denver, to Chihuahua, Mexico.
A third company, Modus Media, announced in June 2000 that it would open a plant in Guadalajara, Mexico after cutting 200 jobs from a plant in Fremont, Calif.
Notice a problem with the last two examples? The outsourcing occurred in 2000 and 2001. Romney left Bain in early 1999.
We’ve gone over this problem with the Obama campaign before, awarding three Pinocchios to a January memo the team released blaming Romney for job losses and bad deals that took place after the former executive had stopped working for Bain.
We discovered that Romney’s name appeared on Bain SEC filings between 1999 and 2002. But a 2002 statement the former executive filed with the Massachusetts State Ethics Commission said he was a “passive, limited partner [with] no management capacity” in the Bain entities in which he held ownership.
We also learned that the creditors who sued some of Bain’s companies and executives over dividend payments around the time in question did not name Romney in their lawsuit. Plaintiffs generally try to list as many people as possible as defendants to encourage settlement, so it’s highly unlikely that Romney had any involvement with Bain’s businesses during this period.
These facts essentially exonerate Romney from allegations that he was responsible for any outsourcing, bad deals and layoffs that occurred with Bain’s companies in the early 2000s. So that leaves just one possible example of outsourcing out of scores of investments made by Bain under Romney’s leadership.
The Obama campaign did not answer questions about why the presumptive GOP nominee deserves blame for outsourcing that occurred after he gave up his leadership role at Bain.
As for the notion that Romney shipped jobs to India while serving as governor of Massachusetts, we’ve dealt with that claim as well. We determined in a previous column that Vice President Joe Biden deserved Two Pinocchios for claiming the former governor had outsourced call-center work that provided customer service for food-stamp recipients.
What happened is that Romney vetoed a 2004 budget provision that would have prohibited Massachusetts from contracting with companies that outsourced the state’s work to other countries. He argued at the time that the policy would cost lots of money without preventing jobs from simply going to other states instead of overseas.
The Democrat-led legislature did not override Romney’s veto as it had done with 117 others, suggesting few lawmakers were willing to fight hard for the provision. Massachusetts at the time was paying $160,000 per month for Citigroup to operate a system of food-stamp cards that included a customer-support center in India.
The Massachusetts Department of Transitional Assistance insisted that the call-center jobs return stateside when the contract expired, but the work just ended up in Utah. Only 18 jobs remained in India during Romney’s last year in office.
In terms of Romney promoting federal tax breaks for outsourcers, that claim relates to Romney’s support for a territorial tax system that would allow U.S.-based companies to bring foreign earnings back home without being taxed domestically.
We should mention that the U.S. corporate tax rate of 35 percent is highest in the world, although the effective tax rate — the rate after all the breaks and loopholes take effect — is considerably lower for most companies.
The primary goal of the territorial tax is to provide an incentive for multinational companies to repatriate their funds. The current U.S. system actually discourages this practice by requiring corporations to make up the difference between foreign taxes and U.S. taxes whenever they bring their money home. Think of it this way: if your company earned profits in Ireland, you probably wouldn’t bring those funds back to the U.S. for a second round of taxation instead of investing them back in low-tax Ireland.
For what it’s worth, the territorial system is highly common among industrialized nations, although most have added provisions to collect on certain foreign earnings such as investment interest, royalties and income earned in tax havens.
The Obama ad described Romney’s territorial-tax proposal as a break for companies that outsource jobs, and it cited a New York Times article in doing so. But that piece didn’t characterize Romney’s plan the same way. In fact, it barely touched on the topic of foreign earnings, and mostly dealt with Romney’s calls for a lower domestic tax rate for U.S. corporations.
The only mention of territorial taxation comes at the end of the article, when the author notes that Obama has pitched a minimum tax on foreign earnings as part of his broad plan for overhauling the corporate tax system. At the end of the article, Romney economic advisor Glenn Hubbard criticizes the president’s plan.
Here’s the only reference to territorial taxation:
“Mr. Hubbard, accusing the administration of a “full-throttle attack on multinationals”, said Mr. Romney would propose shifting to a territorial system that would not tax corporate income earned overseas.”
The word “outsource” never appears in the article, and the word “job” only shows up in a quote in which Hubbard criticizes the proposed tax plan from former GOP presidential candidate Rick Santorum.
Technically, outsourcers could receive tax breaks under Romney’s plan, but only if they decide to bring home some of their foreign earnings. This could play out one of three ways: they could invest the funds domestically, potentially creating jobs and increasing profits; they could hand more money over to shareholders; or they could do a combination of both.
Romney’s plan, which calls for a corporate tax rate of 25 percent, could make outsourcing less attractive, but taxes would still be lower in a lot of other countries. It also offers at least the possibility that U.S.-based multinationals will repatriate some of their money, although many economists doubt that they would create jobs with it. Harvard economist Robert Pozen told us that repatriated funds would likely go toward shareholder dividends, and not to new U.S. investments, since the income from those investments would still be taxed at a fairly high rate domestically.
Regardless, there is virtually no incentive for repatriating money under the current system. Pozen has recommended converting to a system of territorial taxation, with no exemptions for “mobile” income or money placed in tax havens, and a minimum tax of at least 20 percent so U.S.-based multinationals have to pay that combined rate no matter where they do business. Theoretically, this would discourage companies from moving their operations to nations with super-low rates that the U.S. can’t match without blowing a massive hole in its budget.
Obama campaign spokeswoman Kara Carscaden had this to say about the Obama team’s ad: “In the private sector and the public one, Romney had opportunities to keep American jobs at home and didn’t take them. Romney owned and profited from Bain even while running the Olympics, still profits from it today and can’t wash his hands of the actions taken under his ownership. Whether it’s shipping public jobs to India or outsourcing private ones to Mexico and China, Romney’s record is clear.”
The Pinocchio Test
Two wrongs don’t make a right. The Obama campaign is rebutting a truly misleading ad by resorting to old tricks and ignoring our previous rulings.
For one thing, the ad blames Romney for moves that Bain Capital made when he was no longer working for the firm. It also recycled a claim that we debunked earlier about the GOP candidate outsourcing jobs to India while he was governor of Massachusetts.
In terms of tax breaks for outsourcers, the ad is technically right. But it failed to acknowledge one of the primary goals of territorial taxation, which is repatriation of money. This is a case of telling just part of the story while ignoring the other side -- not the worst sin in our book, but not something we overlook either.
On balance, the Obama ad earns Two Pinocchios. Its misleading claims overcompensate for the whoppers from the Americans for Prosperity commercial.
Two Pinocchios
© The Washington Post Company
-
lol. Obama cant run on his record so he has to lie.
If Obama is lying so is Gingrich and Santorum because they're the ones that brought out the GST Steel first??? Sorry but using ammunition from them is a smart idea....and even though Romney left in 1999, he stills makes a profit from Bain Capital to this day......
-
If Obama is lying so is Gingrich and Santorum because they're the ones that brought out the GST Steel first??? Sorry but using ammunition from them is a smart idea....and even though Romney left in 1999, he stills makes a profit from Bain Capital to this day......
And those two fools were called out for their bs remember?
Obama has absolutely nothing on Mittens
This is going to be a landslide like we have never seen against the messiah the way Gaybama is going.
-
If Obama is lying so is Gingrich and Santorum because they're the ones that brought out the GST Steel first??? Sorry but using ammunition from them is a smart idea....and even though Romney left in 1999, he stills makes a profit from Bain Capital to this day......
Gingrich and Santorum lying? But they are republicans how can it be?
-
Just like Romney huh?
Oh wait Obama actually had OBL killed on his watch and the economy is better than when he took office so his record is actually pretty good compared to Romney who likes to screw the blue-collar american
WARNING: This post has initiated a thirty page copy and paste meltdown, which will begin in 3,2,1....
-
WARNING: This post has initiated a thirty page copy and paste meltdown, which will begin in 3,2,1....
LOL - economy better? HOW? BY WHAT MEASURE?
-
Dems Attack Romney Over Layoffs Made by Obama Bundler
by Mike Flynn16 minutes ago0post a comment
Realizing that Obama's reelection is in serious jeopardy, the President's campaign today released a two-minute ad slamming Mitt Romney for layoffs made at a company controlled by Bain Capital. The ad is built around interviews with former steelworkers at GST Steel, a mill in Kansas City, who were laid off as the company collapsed in the wake of a downturn in the steel market. The ad is certainly gripping and emotional. It is also, however, completely wrong.
The company was shut down in 2001. Romney left Bain in 1999, long before the plant closing, to run Winter Olympics. Two years is an eternity in the business world. Blaming Romney for decisions made two years after the left the company is at best disingenuous.
However, there was a political power-player serving as a director of Bain at the time of the company's bankruptcy and layoffs--Jonathan Lavine. Lavine joined Bain in 1993. He is currently Managing Director and Chief Investment Officer. He is also a major bundler for Barack Obama, raising between $100-200k for the his reelection. While we don't know the specific role Lavine had in decisions regarding the bankrupt company, he certainly had more influence than someone who had left Bain two years before.
Perhaps Obama should use some of Lavine's donations to help the steelworkers featured in his ad.
http://www.breitbart.com/Big-Government/2012/05/14/Dem-ad-attacks-romney-for-layoffs-made-by-obama-bundler?utm_source=twitterfeed&utm_medium=facebook&utm_campaign=Feed%3A+BigGovernment+%28Big+Government%29&utm_content=FaceBook
-
LOL - economy better? HOW? BY WHAT MEASURE?
By the measure thats its not on the brink of collapse like when the repub had the presidency ;D
-
Posted on May 14, 2012
Former Obama Car Czar Calls Romney Attack Ad "Unfair"
http://www.realclearpolitics.com/video/2012/05/14/former_obama_car_czar_calls_romney_attack_ad_unfair.html
On "Morning Joe" today, former Obama "car czar" Steve Rattner denounced a new campaign ad that attacks Mitt Romney for business decisions he made during his tenure at Bain Capital.
Specifically, the ad targets Romney and Bain Capital for the private equity firm's decision to acquire GST Steel and the jobs that were lost under their control.
Rattner called the ad "unfair" and defended Romney's decision at Bain Capital. Rattner says Romney's job was to make profits for the firm's investors, not save jobs.
"I think the ad is unfair. Mitt Romney made a mistake ever talking about the fact that he created 100,000 jobs. Bain Capital’s responsibility was not to create 100,000 jobs or some other number. It was to create profits for his investors, most of whom were pension funds, endowments and foundations. It did it superbly, acting within the rules and acting very responsibly and was a leading firm," Ratner said on MSNBC's "Morning Joe" on Monday.
"So I do think to pick out an example of somebody who lost their job unfortunately, this is part of capitalism, this is part of life. And I don’t think there’s anything Bain Capital did that they need to be embarrassed about," he said.
-
By the measure thats its not on the brink of collapse like when the repub had the presidency ;D
Really? How was it on the brink of collapse when there were less people on welfare and the UE was lower. Along with lower gas prices. If that is at the brink of collapse, then where the hell are we now when those indicators are NOW far worse?
Did anyone ever tell you that you are very stupid? If not, let me be the first.
-
Sorry but you can't say that this ad is blistering and the website has 3 other businesses up there and they are going to milk it for everything its worth.
Like I said before, Gingrich and Santorum went "Scorched Earth" on Romney and this is the end result. This is going to be a very nasty election year
Blistering?
If it is proven to be a lie, how is it going to help Obama? Don't you think that Romney showing this to be a lie will cause people to view barry as a liar and further strengthen the view that he is incompetent?
Your mind is messed up. Fix it.
-
lol... romney leaves bain so he isn't responsible for shutdowns after he left.
clinton leaves office yet 911 is his fault.
which is it?
-
lol... romney leaves bain so he isn't responsible for shutdowns after he left.
clinton leaves office yet 911 is his fault.
which is it?
Don't get it twisted, my friend. Democratic party is the only party that goes around blaming everyone else but themselves. It is 2012 and somehow it is still Bush's economy.
Now, Democrats are blaming Romney for the bankruptcy of a company that he left 2 years prior.
HEHEHEHEHEEH!!!!
Is that all they got? Is this what we can expect from lil' barry in this election year? Why doesn't he tout Obamacare. Yeah, I am sure everyone would like to hear how great Obamacare is going to be and how $1 billion of wasted stimulus money did nothing to save the economy.
-
Obama Attacks Private Equity, Raises Funds from Private Equity Leaders
10:42 AM, May 14, 2012 • By DANIEL HALPER
President Obama is attending a fundraiser today in New York City that will be hosted by Hamilton E. James, the chief operating officer and president of Blackstone. The financial firm Blackstone is "one of the world's largest private equity fund businesses," according to its website.
But ironically, Obama today is using Mitt Romney's background in private equity as the basis of an attack on his Republican rival.
"In a career of buying and selling companies, Romney’s pattern was to reap quick profits for himself and his investors at the expense of workers and communities," the Obama campaign says of Romney's record in a campaign ad out today. "Sometimes it meant sending American jobs overseas. Other times, it meant cutting wages and benefits. In Romney’s economic philosophy, CEOs and wealthy investors prosper by any means necessary, even when it meant companies failed and workers were left behind. Romney believes in two sets of rules – one for people like him, another for everyone else."
As Politico describes the new line of attack, "The Obama campaign is launching a multi-pronged, multimedia attack on Mitt Romney's record as a private equity buyout specialist."
Yet considering President Obama's New York City fundraiser with private equity money men, it seems more than a bit ironic that Romney is today being targeted with this line of attack.
Moreover, when Romney's private equity past was scrutinized in the Republican primary, Blackstone's James warned that "it could be very damaging for the industry." One wonders if James will issue the same sort of warning to Obama when he sees him later today to deliver money to boost the president's reelection campaign.
-
Now, Democrats are blaming Romney for the bankruptcy of a company that he left 2 years prior.
HEHEHEHEHEEH!!!!
Is that all they got? Is this what we can expect from lil' barry in this election year?
This should be the end of the thread...
so far obama and his lackies have attacked romney on his dog, his wife, his former companys actions when he had already left, a supposed incident from decades ago that the family denys.
goodness gracious, youre right whork this is going to be a nasty election. Obama is going to drag romney through the dirt with these meaningless attacks and romney is going to drag obama through the dirt with his economic record and divisiveness.
I wonder who the independents will go with?
-
Really? How was it on the brink of collapse when there were less people on welfare and the UE was lower. Along with lower gas prices. If that is at the brink of collapse, then where the hell are we now when those indicators are NOW far worse?
Did anyone ever tell you that you are very stupid? If not, let me be the first.
Okay so the economy was better in 2008 ???
-
This should be the end of the thread...
so far obama and his lackies have attacked romney on his dog, his wife, his former companys actions when he had already left, a supposed incident from decades ago that the family denys.
goodness gracious, youre right whork this is going to be a nasty election. Obama is going to drag romney through the dirt with these meaningless attacks and romney is going to drag obama through the dirt with his economic record and divisiveness.
I wonder who the independents will go with?
Exactly. Not to mention that during that time steel was taking a beating all around the world, tons of countries were dumping it, it's amazing that they were able to save a few of the other steel companies they were involved in. Of course, taken out of context like anything else, someone who has the attention span of a goldfish might find this add remarkably effective, however, to anyone with an IQ of 80 or more it's just pure bullshit.
The part I like the most is where Obama was thrashing private equity firms while at a fund raising event full of guess what: private equity firms.
What a douche.
-
Exactly. Not to mention that during that time steel was taking a beating all around the world, tons of countries were dumping it, it's amazing that they were able to save a few of the other steel companies they were involved in. Of course, taken out of context like anything else, someone who has the attention span of a goldfish might find this add remarkably effective, however, to anyone with an IQ of 80 or more it's just pure bullshit.
The part I like the most is where Obama was thrashing private equity firms while at a fund raising event full of guess what: private equity firms.
What a douche.
x2.5
-
romney letting obama dictate the terms of this campaign so far.
trayvon. then the 'accidental' gay marriage thing. now the business thing.
he's gotta stop responding to obama, and come out with his own aggressive moves. This shit is so calculated from the left.
-
romney letting obama dictate the terms of this campaign so far.
trayvon. then the 'accidental' gay marriage thing. now the business thing.
he's gotta stop responding to obama, and come out with his own aggressive moves. This shit is so calculated from the left.
The GOP having a taste of its own medicine
-
romney letting obama dictate the terms of this campaign so far.
trayvon. then the 'accidental' gay marriage thing. now the business thing.
he's gotta stop responding to obama, and come out with his own aggressive moves. This shit is so calculated from the left.
ha ha ha ha!!!!!
You are so fucked up. Ont a leftist like yourself thinks trayvon, gay marriage, bc are good for obasma.
lol. Priceless - just like you NEVER saw the mid term disaster coming same as this approaching disaster for obama and lemmings like yourself on the hope and change train wreck.
-
romney letting obama dictate the terms of this campaign so far.
trayvon. then the 'accidental' gay marriage thing. now the business thing.
he's gotta stop responding to obama, and come out with his own aggressive moves. This shit is so calculated from the left.
No.
Romney loses if he raises any other issue that is not the economy. Coming "out with his own aggressive moves" is playing into Obama's hands. It would be lowering himself to barry.
The current president needs to deflect attention from his terrible performance. Romney needs to bring the discussion back to the principal concern of most americans and that concern is not gay rights, nor trayvon.
-
http://www.businessinsider.com/obama-bain-capital-ad-cnn-host-flips-out-2012-5
Even CNN destroyed Obama on this fake ad.