Asking Mitt to disclose the same type of information other presidential
candidates disclose is hardly a "trap".If he doesn't
want to provide customary objective information to let the American people know
who he is (and what he's been up to) then he is likely to suffer for it at
the ballot box.
The use of tax havens is common among the rich. that does not make it seem fair
to common people who just work a day job. the entire tax code is skewed to help
the rich become even richer. Sen. Graham was honest about it. He defended Gov
Romney by pointing out that to him paying taxes is a game. And to win the game,
you pay the least possible.similarly Romney says the least possible,
about his positions. the objective is to NOT lose the election, not to provide
information that could be used to seriously evaluate the positions of the
candidate. We do not know what amount the Romney voucher would be. He says it
will be different from Ryan's voucher amount, but does not state an
amount.you cannot debate against that. vague, and therefore unassailable.
go to factcheck.com to see that all these Obama adds bashing Romney finances are
nothing but lies. No surprise here. All Barack has is manufactured attacks and
lies. No record to run on. Lies do not equate to jobs.
If Mitt has nothing to hide. and I don’t think he has, why
doesn’t he put an end to the fuel that keeps this fire burning, by telling
us:1. Why he has money in the Bajamas accounts.2. Why he has
money in the Switzerland accounts.3. Why he does not pay taxes on this
said monies.4. Why he does not want the normal taxes that the
billionaires paid during the successful Clinton administration that
George W. Bush cut and by doing so left us without funds to fight the
wars that he falsely put us into in Iraq and Afganastan and left us in the mess
that we are in today. Why is he fighting to keep these taxes to go
back to normal like the average working person pays.5. Why
doesn’t he tell us what he will do different than Obama to get the economy
moving faster than what Obama is doing? Why is he always so vague
and generic on subjects like this?If he will just answer
these simple questions, it may get the bad guys off our backs.
This is very funny, the Obama administration and his constituents begging for
more transparency. You can't write a hollywood script better than that!
Also calling for Mitt to release more tax info when the white house is notorius
for appointing to the cabinet tax evaders!!! Hillarious. It's
over for Obamama, going after Mitt's money and INSINUATING something
negative is desperate at best, hypocritical for sure!
Pure politics. Obama is obviouly unwilling to provide information on fast and
furious.I would much rather have a successful business man running
our country than career politicians seeking power through politics- not
production, growth and accomplishment.
Romney's financial success is NOT the cause of the nations issues. Nor will
taking Romney's earnings and preventing him from future success will NOT
cure the nations issues. Why would Obama and his ilk even try to
diminish anyone's success and deny them achievement of the American dream?
Absurd arguments. Personal property, including finances, is, or should be,
sacrosanct in this country.
Mitt's a loser. The Republicans picked a lemon and now they're stuck
with him. When you look at the demographic trends in this country Republicans
are in big trouble. They are losing the black vote, the lation vote, the female
vote and rich, white males are dying off. Their best sales pitch this year is
be afraid but they offer no hope to the masses. They're going to lose the
white house and possibly congress. They're reaping what they sow.
I bet that what all these Democrats make in relationship to myself is the same
ratio as what Romney makes in relationship to them. So if they would kindly
send me 50% of their income, then I will expect them to take 50% of Romneys
income. There are two things that I feel are none of any ones business, first
is income and second is what a married couple's intimate relationship is.
We stay out of the bedroom and we need to stay out of the house of a persons
private life. Now when they get in the White House and are spending our money,
then it is our business what they do.
lqqkpocatello, IDwe can't even see obamas birth certificate.
11:00 p.m. July 10, 2012=================== Tag - another "Birther".FYI lqqk, Obama's birth
certificate has been publically released a million times.I know you
can't believe EVERYTHING on the internet, but you can't believe
everything Limbaugh, Beck and Hannity say either.
I work for the a public school, you can look my salary up on the internet. When
we work for the government or in the case of Mr. Romney wish to hold the highest
office in the land, information that may be private for the average citizen is
no longer private. If there is nothing to hide, then disclose, real simple.
Nobody is "ganging up" on Mitt. They just want him to give the voters
evidence on which to evaluate his statements, and evidence as to where his
loyalties lie. Those are things the voters need to know. His refusal to
disclose long-term financial data shows that there is a very real chance he has
something to hide. I don't care that he's rich. I just want to know
who owns him.
Thanks to Mitt, the Cayman Islands and Switzerland are creating jobs.
Taxman: Has the presidential candidate broken any disclosure laws? If not,
than his present disclosure is reasonable. What is unreasonable is
anyone thinking he/she has a right to know information about anyone else --
presidential candidate or not -- that in all other instances would be private
@wrz"I think Obama's country of birth, his grade
transcripts, and questioned SS number are far more critical issues than
Mitt's money, where he made it, taxes paid, and where it's
stashed."You have got to be kidding me! What could possibly
convince you that Obama was born in Hawaii like he says he was? You think
someone planted those birth announcements back in the newspapers knowing that he
would run for president someday? And as for grade transcripts, please name one
president or presidential candidate EVER who has released his transcripts. This
has NEVER been done before and has NEVER been demanded of anyone before. Why
aren't you asking Mitt to release his grades too?
@wrzMy stats are correct - look them up yourself. AND, the rates I
quoted are ANNUALIZED rates, as I stated in my comment. No need to divide by
the number of years served, since that's already been done. The point is this - many of the Republicans listed did far more to increase
the size of government expenditures than the Democrats did. Reagan increased
the budget significantly with his military buildup, expenditures on the SDI,
etc. George W. Bush sent us to two major wars while at the same time cutting
taxes, and initiated the Medicare Part D drug coverage without any way of paying
for it. Clinton and Obama have been much more disciplined about fiscal matters.
Government spending under Obama is NOT increasing at a huge rate compared to
other presidents, no matter what you think. You need to do a little research to
get the facts here. The only reason the deficits are so large now are (1)
incoming revenues are low because of the recession/depression, and (2) the Bush
tax cuts have seriously reduced the rate of revenues coming in.
Desperation. (Ignore the horrible Obama record).
"Sure, we know Obama falls short in many respects. But we also know (from
the Bush administration) that things could be much worse."Taxman,Last I checked, $15 trillion in debt was more than a $10
trillion national debt, ~8% unemployment is worse than ~5% unemployment, $1+
trillion deficits are higher than $800 billion deficits, etc. How can you say
that Bush proved that things could be worse when what we have with Obama is much
worse than what we had with Bush?
I like Romney and will vote for him but in one sense I feel the Tea Party is
getting its comeuppance for a never ending time wasting tirade about
Obama's birth certificate. We reap what we sow and unfortunately Romney
has offered some good targets. Here's hoping Mitt gets out in front of
this and manages the situation like he has represented he can.
What does Mr. Romney have to hide? Show us your records!
we can't even see obamas birth certificate. Romney should just say no.
It's his money. The way the UN is running things all our money will be
handed over anyway. Probably better if all our money was overseas.
@metamoracougNo, this is about a Presidential candidate's absolute
refusal to provide reasonable disclosure of relevant information (the same
information provided by other presidents and presidential candidates), and the
lame, childish, and irrelevant excuses put forth by his supporters on this site.
Taxman: No, I am not opposed to disclosure. I am highly opposed to stupidity
which is precisely what this hullabaloo is.
@metamoracoug"let's make it law that it is all public information
how much everyone makes."We are not all running for President.
I suppose, from your post, that you are against all existing public office
disclosure laws? Incredible!
in regards to UtahBlueDevil 8:28 p.m. July 10, 2012"What
Americans want is to know that they are not being sold out to any special
interest groups - right or left. And without a paper trail on where the money is
coming from, doubt is about the only thing growing with regularity right
now."Sadly, Special interest group are calling the shots and
have been for sometime. Repealing Citizens United would be a start on returning
to a Constitutional Republic from the Corporate Plutocracy the nation has
devolved into.in regards to The Taxman 8:34 p.m. July 10, 2012Agreed on all points.MR recently said he admires Dick Cheney
for his wisdom, etc.... Does anymore really need to be said?
Why is it any of my business how much money Mitt Romney has or where he keeps
it?Why don't we take this to its most ludicrous extreme. Since
everyone who is posting here is a US citizen, let's make it law that it is
all public information how much everyone makes. Set up a website and disclose
all investments and savings account balances and how much taxes everybody pays.
'Cause what you do with your money isn't just your business.
It's critical to the US, its economy, its government. All in
favor, say aye.Yeah, that's what I thought. Double standard.
Communist parents? No problem.Friends of radicals? No problem.Sealed school records? No problem.Go to rev Wright's church?
Pass.Associate with Black liberation theologists? Pass.Appoint tax
cheats to cabinet? What? There's no problem that.Fast &
Furious, Secret service, White House leaks, Most debt ever, More federal jobs
than Carter, Negative net jobs since inauguration, "I will transmit to
Vladmir", etc, etc. It's fine. What? He's aces!Off-shore accounts? You unAmerican son of a gun!Romney is not the
best thing since J-E-L-L-O. Obama IS The. Worst. President. Ever. with
the most complicit media ever and the most ignorant voting base. Ever.
By the age of 5, most children learn that the excuse "my brother did it
too" and other efforts to divert attention from misbehavior do not work.
We obviously have a lot of 5 year-olds on this site, who when faced
with the valid truth that Mitt has not been forthcoming regarding his financial
dealings, want to cry about the Obama administration not being forthcoming, want
to cry about Mitt being persecuted for being wealthy, and want to cry about
anything and everything but the issue at hand. What I haven't
heard yet is one single cogent argument why it is better for us not to know more
about Mitt's financial dealings, particularly with the trust and policy
issues being debated and questioned.
Silly voters... keep voting for Ivy Leaguers and you personify Einsteins
definition of insanity.
re: crime 5:14 p.m. July 10, 2012"Vote for Obama and your voting
for the next 3rd world country."Then, the unemployment rates
gets better as Mitt and his cronies will start sending jobs there... I mean
The issues with Romney are not wealth and jealously. The issues are honesty,
trust, and fairness. 1) Trust – Mitt is the lesser-known
commodity in this upcoming election and he has not earned the trust of many
Americans yet. By refusing to be open regarding his investments and past
financial activities, he is diminishing rather than building trust.2) Policies – What policies will Mitt be in favor of enacting if
elected? Will his policies favor just the few richest people or will he be an
advocate of the average person? Will he be a fair and just leader? His
financial dealings show that he has taken advantage of special tax rules lobbied
for and enacted to benefit a few wealthy people. What else will they show?Sure, we know Obama falls short in many respects. But we also know
(from the Bush administration) that things could be much worse. If Romney
doesn’t want to help us determine if he will be better or worse than
Obama, then he will not be elected.
I think what people want is transparency, and someone they can trust. There are
those who don't trust Obama for what ever their personal reasons. There
are those that don't trust Romney because he belongs to a religion that is
mostly unknown by most, has disclosed less about his finances and where his
money has come from than most anyone who has run for office, and refuses to
discuss in detail the his dealings in Bain dispute the fact that he is running
pretty mush only on his record at Bain.What Americans want is to
know that they are not being sold out to any special interest groups - right or
left. And without a paper trail on where the money is coming from, doubt is
about the only thing growing with regularity right now.If Romeny
thought his personal like would not be an issue, he just needs to flash back to
JFKs run for office where his families money became a flash point as well.
Pot, meet kettle.
There is a palpable feeling of oppression coming from the Democratic party.
They want to run everything and they attack anyone who is successful.
It's official: The Democrats have given up on the economy. Pathetic. The
United States of America, the greatest nation ever known, the nation that has
used it's capitalistic wealth to bring the highest standard of living to
it's citizens and to do more good that any nation that has ever existed, is
on FIRE. This, the last, best hope on Earth is BURNING and the left, the people
who have been throwing gas on the fire (in the name of putting it out) are
concerned where the Fire Chief got such a nice Fire Station and Fire Truck. You
have got to be kidding, Barack Obama! Get a plan or get out of office. How
I love the D-News titles for its stories on Romney. I keep looking and looking
and waiting and waiting for a title that is not slanted in favor of Romney.
Maybe, just maybe, it will happen, but I am not going to hold my breath.
Truth seeker (really?)Your wonderful john kerry (who served in Vietnam for
3 months) docked his boat in another state so he didn't have to pay Mass
taxes. Oh, a sweet heart! He didn't make his money - he married it! Yes,
they want to raise taxes on the rich, but somehow they get out of paying the
same taxes they impose on the rest of us. Try geitner/GE/buffett, sitting with
the pres. JFK & Teddy Kennedy didn't earn their money they inherited
from dad who was bootlegger during prohibition.So it seems that if you
made your money yourself, man that is just not who we want in office. BTW, wonder - do we know where obama's money is? We sure know where our
tax money is used by him and his wife on their vacations.
Nothing like a smoke screen to hide the real issues. What about where has all
the money gone from the federal coffers? Why is this country some much in debt.
Mitt Rommney hasn't been dishonest about his financial dealings. We should
be more focused on getting this country in the black and out of the red.
If Mitt has nothing to hide, why not just tell the truth about your wealth, your
holdings, your taxes. I thought we wanted transparency from our elected
officials. Before anyone brings up the democrats what difference does it make
what they do, isn't honesty the best policy?
Only a fool would set himself up as a target for the IRS. Libs are so envyous
of other people's success and feel the need to redistribute other's
wealth, not their own. More mere distractions by the WH to avoid accountability
for their failed record and policies. And the DN reports such trifling nonsense.
LDS Liberal,Billions of dollars are in foreign banks because of what
Obama gave them from our tax money. You know, Pakistan, Egypt, Muslim
Brotherhood, Finland, Brazil, Mexico, India, Afghanistan, South Korea, Kenya,
etc.Just think of all the healthcare we could buy with that.
All of you posters who think it is just a-ok that Romney has these off shore
accounts --- just imagine that it was Obama who had those accounts and all the
nasty things you would say about him. Why do you cut your own candidate more
slack than one you oppose politically? Be honest, you'd be all over him.
Tax experts who closely reviewed 2010 returns report that Romney probably did
not pay any taxes on his investment income in 2009.Romney did pay
some income tax in 2009. But because a good part of his income comes from a
lucrative retirement package from private equity firm Bain Capital taxed at a 15
percent rate, Romney was likely able to offset his Bain income with losses from
other parts of his investment portfolio, the experts said. re:Rock
OnYes, thank you for reminding us that Republicans made Kerry's
wealth an issue in the 2004 election. (Apparently Republicans hate the wealthy
too). The difference between wealthy Democrats and wealthy Republicans
is that the Democrats advocate for policies to raise their own taxes.
Republicans advocate to "double-down" on policies that
disproportionately benefit the wealthy. Republicans also cheered the Citizens
United ruling--giving corporations/millionaires a larger role in elections.
Additionally, Republicans oppose the Disclose Act--requiring greater
transparency in campaign contributions. Republicans ignore the
financialization of our economy and want further deregulation. BtwThere have been more private sector jobs created in Obama's
first term than in Bush's first term.
There’s no blood in the water about Bain. Democrats can’t talk about
President-for-Life Obama’s record, nor can they talk about his vision for
the future. There is neither a record that can be defended, nor any vision he
and his party dares share with the electorate. Democras must distract voters.
They have nothing else. If and when they find something felonious, we just might
Many are asking what this has to do with the issues. Since the
beginning Willard has been running on a stance of fiscal responsibility. His
major recommendation is from a company that, while it did save some companies
from bankruptcy and closure, it also loaded others down with debt and walked
away with millions. Or worse, it shipped american jobs overseas, dismantled
american companies, and then sold the pieces off to the highest bidder while
leaving the workers in the unemployment line. Now we are just
supposed to take it on his word that he is a honest, upright citizen with the
best for the american workers at heart. I for one would like a little proof,
and a peek at what he has made and how would go a long way to providing that.
Vote for Obama and your voting for the next 3rd world country.
Americans aren't silly enough to fall for that Democratic crap, that knocks
a guy for making money legally, using his own money not tax payers.Obama,(Food Stamp President),has never ran a business,the most money he ever
made is being president,he blew trillion's of tax payers money on Green
Projects, Stimulus, Junk a Car,Wall Street buddies, the list goes on.Obama
is screwing this country up,with his socialist agenda of bottom up
economics-what can a poor person, unemployed person do to get the economy going
except spend more tax payers money.15% unemployment , Obama gives 3.2
million illegal criminals work permits,/green cards,he attacks AZ on immigration
enforcement- cost 2.8 billion a year to host illegal criminals in AZ., 123
billion a year nationwide, attacks states on voter ID, attacks religion and
family values,destroyed NASA- hitching rides with Russia,pushed for military
cuts while defending increases in welfare, gutted 100 billion from Soc Sec to
pay for unemployment extension, 17 trillion and counting US debt. and Obama has
no idea what to do except say "Tax the Rich", the rich are taking their
money and leaving so what's next Barry?, more blame and excuse's.
"UTAH BillSalt Lake City, UTI find it personally offensive that
I pay half (yes, HALF) the tax rate Romney does. How does that happen?"Do you not know that he has already paid taxes when the money was originally
made? Man we are so jealous!And to think we want a failure in office.
One who knows what it's like to be poor, try to make ends meet. Tell me,
exactly what dem that has been in office has been "one of us!" Oh, yes
Abrahma Lincoln - a good example!You might want a failure, I want a
successful man who knows how to make the country work.Can we agree that
his wife going through life threatening illnesses maybe gives him a window into
how the rest of us feel when a loved one is stricken?No, I guess for many
of you, because he has money, he doesn't have to worry about that.So
let's look at all the states/cities which have been run by the same mind
set chicago (17 people were murdered last week end)detroit, califoria and on and
on. Do we really want our country like that?
Romney has money in offshore accounts and has interesting sources of income like
when he had connections with Bain's investment in Stericycle, a company
that disposes of medical waste, including aborted fetuses. His tax records are
definitely interesting, after all, as conservatives always say about Obama, if
he's keeping it hidden there must be something he doesn't want us to
1aggieSALT LAKE CITY, UTI'm guessing Romney Yah,
you just keep guesing and that is exactly why the trial blloon is launched.It's a joke! He has been honest about his finances forever. However, people who are envious and are into dishonest activities can't
believe there is an honest man!
I think Obama's country of birth, his grade transcripts, and questioned SS
number are far more critical issues than Mitt's money, where he made it,
taxes paid, and where it's stashed.
Anti-Mitts... A question or two:Why do Democrats worship rich guys
like Kennedy who inherited his money (gotten by illegal activities) and Kerry
who married it?...But...hate Romney for being rich from his ability
to lead an organization and make decisions?Quibble with
capitalism's rough side if you will (out-sourcing, closing ineffective
companies, etc) by why trash the guy that stood on the firing line, made
executive decisions and was SUCCESSFUL?Why do Dems hate Successful
leaders yet embrace an Obama who has never led anything until we handed him the
keys to the White House and he's now failed to grow the economy after he
got the legislation he wanted that he said would grow it? Why love a guy who has
indebted our nation to China with more debt than all presidents before him
combined; who has hired 10 times more government workers in 3.5 years than
Reagan hired in 8 years?This is an easy election. Choose the amateur
failure or the successful leader.
@don17Okay don, let's rearrange the world as you see it.
American jobs have not been outsourced and Bain has had no participation in the
outsourcing that has not occurred. Only problem here is millions of people
disagree with you. "Bain Capital has helped create or preserve
2 million jobs". I assume you are only quoting jobs that were created while
Romney was there since you have a problem with me citing things that happened
after Ronmey left. If so, then name the companies where the jobs were created
when Romney was there.I said "I'm betting Romney profited
heavily by betting on the declining U.S. dollar", and I stand by that. I
(and others) can easily be proved wrong by Romney if/when he chooses to
disclose. Until then, you cannot disprove my assertion. And betting
on the declining U.S. dollar just scratches the surface regarding the gray areas
he has engaged in. To quote Lee Shepard in "Tax Notes", "When you
are running for president, you might want to err on the side of overpaying your
taxes, and not chase every tax gimmick that comes down the pike. "It kind of
@The Skeptical Chymist:"George W. Bush 2.6% Obama 1.4%. Not bad
for Obama!"Your stats are skiwampus but let's take them
anyway. George ran his up in 8 years. Obama in 3.5 years. Thus, in 8 years
Obama's percentage would run 3.2% or more. Furthermore, under Obama the
national debt now exceeds our GDP. Which means, it would take the value of all
the goods and services produced in this country in a year to pay the debt."why the opposition to raising the top rate now?"Because citizens are taxed too much. What we need is government fiscal
restraint. Tax cuts and reduction of a bloated government.@UTAH
Bill:"I find it personally offensive that I pay half (yes, HALF)
the tax rate Romney does."You should bring your concerns up with
the US Congress. That is the body responsible for the tax rates. Romney merely
follows tax law. I hope you don't expect him (or anybody) to pay more in
taxes than are due.@LDS Liberal:"What in the world
is all his money doing in FOREIGN Banks."Ans: Because American
banks sometimes go bust... such as BearStearns and Washington Mutual.
I saw a comment today. Don't know where it came from, but it goes like
this:"Apparently I'm supposed to be more concerned with
what Mitt Romney does with his money than what Barak Obama is doing with
Romney's personal finances are a legitimate issue. Romney touts his
experience as a businessman, therefore the way he has amassed his fortune, and
the taxes he's paid are pertinent to the debate. Furthermore, he advocates
making further tax reductions, for example, entirely eliminating the estate tax
and keeping all the Bush tax cuts in place. re:Don17Bain
Capital primarily engaged in leveraged buyouts of mature companies. Only a
small percentage of Bain's actions can be characterized as venture
capitalist. KB Toys was purchased and taken private in 2000 by the
leveraged buyout firm of Bain Capital for $305 million, Bain announced the
purchase on Dec. 8, 2000. Only $18 million of the purchase money was cash, the
rest was borrowed against the assets of the company. Sixteen months after the
buyout, Bain Capital paid itself $85 million in dividends (a 372% return on
their investment) in 2002. Two years later, due to increasing competition from
national discount chains such as Wal-Mart and Target and its enormous debt,
K·B Toys filed for Chapter 11 bankruptcy protection and closed 365 stores.
In 2009 K·B closed the remaining stores.
George Romney ran an auto company, American Motors. At a time when the Big
Three were still fixated on big cars and ignoring the rising tide of imports,
Romney shifted to a highly successful focus on compacts that restored the
company’s fortunes, and saved the jobs of many American workers.It also made him personally rich. He released 12 years of tax returns,
explaining that any one year might just be a fluke. In his best year, 1960, he
made more than $660,000 (equivalent of around $5 million today).He
paid a lot of taxes, 36 percent of his income in 1960, 37 percent over the whole
period. This was in part because, as one report at the time put it, he
“seldom took advantage of loopholes to escape his tax obligations.”
But it was also because taxes on the rich were much higher in the ’50s and
’60s than they are now. In fact, once you include the indirect effects of
taxes on corporate profits, taxes on the very rich were about twice current
Old Proverb:Put your money where your mouth is.Mitt
Romney should be running for President of Caymen.Wait a minute you
say, - the Caymen Islands are a territory of the UK?Socialist UK?Mitt Romney is a invested Socialist, not in America?This gets
worse as the days go by.I'm surprised Michelle Bachman or Rick
Perry didn't vet this out already....
Laggie, KB went out of business a couple years ago! Many years after
Romney left Bain! Next you list Stage. Your wrong there too. Stage
and its 4 subsidaries are still in business have 800 locations, 13,000 employees
and is valued at 1.5 billion! Your info is wrong.Dade was on the
verge of bankruptcy. It was brought back to profitability but it still ended up
failing as Bain had withdrawn!The point is I can list over 150
success stories. Not all American companies survive. If you are so competent and
an expert please tell me and all others here your great successes and how you
have grown so big? No? You need to spend some time to find out what
US funds invest in emerging markets! Before you critize me realize this:1. I trade those evil currenies.2. I am an expert on Bain
Capital.3. Your the one who claimed Mitt was making money on declining
dollar value with no proof. I just pointed out your inaccuracy! 4. Betting
against the Dollar can be a good thing too! But you will need to figure it out.
200 words does not allow for a good explaination!
NOW, for my truthful views here.AS A PUBLIC FIGURE, Romney's
net worth is everybody's business. Is the Uglund House
Romney's second home?. There SHOULD BE a growing group American's as
well as Democrats aggressively chiding Mitt Romney for not disclosing more
information about his personal fortune. Seeing after all the GOP care about is
more big guns for the hunters, subsidies for the Koch Brother's and their
"Rich and Famous" friends. That's "welfare for the rich"
government, subsidies to big business, pork-barrel Pentagon contracts to weapons
makers, huge tax breaks for wealthy individuals, and most recently, colossal
contracts for reconstruction to politically connected companies like
Halliburton. Is the Uglund House Romney's second home?. Still no answers
yet. No organization owns my vote, I will give it to whoever I feel will
serve the nation best regardless of the letter next to their name. Oh I
forgot, the Utah population never gets exposed to self rule and a democratic
government so they keep their heads buried in oil shale. Utah is socialist and
its leaders believe that the common man is not meant to be prosperous.
It seems that democrats are trying to say there is something wrong with having
money. They can't say it outright because that is way too easily defeated
in an argument. So instead, they talk about the "conspiracy" that goes
with having money. Once again, there is nothing here, but here say
and innuendo. But I bet they do create suspicion with this type of comments and
questioning. What ever happened to running on your policies, ideas
If I was in congress; Id keep a tight lip on complaining about someone's
wealth. Way too many members of Congress have as much if not more than Romney.
An I mean on both sides of the aisle.
The real point is that Mitt Romney is not like most Americans. He has never
worried about rent or mortgage or utilities or groceries or the price of gas. He
has never suffered the way most Americans do when they are suddenly unemployed.
His family doesn't sweat over tuition. They don't know what it's
like to live in a rough neighborhood. So the point is that Romney doesn't
feel the same fears as middle-income Americans. So... how can Mitt Romney
possibly represent the majority of American citizens as our president? Supposing
he is elected, when making foreign policy decisions will he worry about one of
his kids or grandchildren serving in a combat mission somewhere in the world? I
doubt it. So, when we ask about his personal finances we really want to know:
"Is he one of us?" We want to know if he's really in touch and when
he says things like: "What the American people want..." does he know
what he's talking about. I say no.
To: LDS liberal,"all his money doing in Foreign Banks,"Hmmm what do you know the rest of of us don't? Your just pushing
the liberal media line, Obama static with no facts. It is a game of divide and
conquer and you have fallen for it!Romney does not have
"ALL" his money overseas.American Citizens, Businesses,
Cities, County's, and States invest in foreign companies and countries too!
Do you have a 401k? If you do your then evil too? Obama and Biden
flip this drival out of their mouth's and the media runs with it like its
Biblical truth, when in fact the facts they state are distorted! Many times
outright lies! LDS Liberal your comment supports being upset at Mitt Romney.
What proof did Obama and Biden give? None, but your running with the Obama line
of divide and conquer! The Obama policies have failed and his
understanding of the U.S. Budget process is non-exsistant. The proof is in the
fact that not one Senate Democrat or House Democrat supported his budget! The
Senate hasn't passed a budget in 3 1/2 years. Why? So mainline spending
stays inflated.Obama Failed!
For the Demos: desperate times call for desperate measures.In other
words, this his just like your political efforts: meaningless.
@don17Your comment regarding the value of the US dollar being near equal
value to the British Pound and the Euro as it was about 10 years ago only makes
sense if he only bought those two currencies 10 years ago and sold today. The
Euro didn't even exist as a currency when Mitt was at Bain. Furthermore,
it is the activity of betting against the dollar that is at issue, not whether
he was successful doing it.Your comments to the effect that
everybody invests abroad "If you have a 401k you could be investing in
emerging markets!" are equally nonsensical because most of us are not
outsourcing jobs while personally profiting from that outsourcing of jobs. Bain
may be the economic savior of the world to you, but there are several cases
where Bain bought companies, loaded them with debt, and paid itself extravagant
fees, thereby bankrupting the companies and destroying tens of thousands of
jobs. Examples include Dade International, Stage Stores, Ampad, GS
Technologies, Details, and KB Toys.
Have these democrats checked Obama's:* taxes, and use of
loopholes over the past ten years?* birth certificate prior to taking
office?* vacations to see if he paid taxes on the hundreds of millions he
spent?* taxes to see if alittle more were paid to help stimulate the
economy.* rich friends to see if they used loopholes?* willingness
to give more than a billion dollars of our money to the Muslim Brotherhood?A late revelation of his birth certificate, indicates we don't do
homework when voting for a president.
I don't really care HOW Mitt Romney got his money.I don't really
care WHERE Mitt Romney got his money.I'm not really even over
concerned IF Mitt Romney has even paid his taxes on his money.What I
want to know is:If Mitt Romney wants to be leader of AMERICAIf
Mitt Romney wants to turn America's Economy around....What in
the world is all his money doing in FOREIGN Banks, Improving FOREIGN
Economies, and building FOREIGN Nations?!He should be running
for the King of the Caymen Islands....Call it:Economic
Who makes more many on average, a republican, or dem.?Nuff said.
I find it personally offensive that I pay half (yes, HALF) the tax rate Romney
does. How does that happen? I have nothing against rich people. I just want a
level playing field. The middle class should not have to shoulder more of a tax
burden than the rich.
Only in today's political climate do you need to hide the fact that you are
rich and successful from those who will portray you as evil and undeserving and
make the argument that the only way anyone is successful is because they stepped
on others and exploited them.Sure, in today's "Crony
Capitalism environment" there are plenty of people who use government power
and regulations to get an unfair edge over others, but the solution is not to
demonize them or redistribute their wealth. The solution is to limit government
and stop corruption so that everyone plays by the same rules and government
works for us instead of their connected friends.Power corrupts,
absolute power corrupts absolutely. The only solution is to limit the power.
President Obama's Chicago crew can't show what they have been doing to
improve our country over the past 3 1/2 years so they choose to try to dig up
some mud. All of the President's minions are working very hard to keep his
life a secret but wanting to show everything that Mitt Romney has, has done and
any implications. They don't show transparency or openness in this whole
presidency. I believe we all HOPE for CHANGE in the ground this President has
torn open wide. We don't have stability in our country due to his going
around the world telling everyone in all countries that we are not a good
country and want to do more damage, if it wasn't for this kind and generous
President who bows to every whim. Diplomacy, military and financial freedom has
gone down the road with this regime. We have a lot to look forward to in the
next 4 months of election politics. We just passed our Independence Day that
most people think is a day for fireworks and partying and not in recognition of
our heritage and freedoms we enjoy.
If you can't run on your own record of multiple failures, Obama must run on
something, anything else. It's called deflection and it is the Obama's
puppets campaign mantra. Romney's activities were both legal and ethical,
if not, send the IRS after him. Paying the maximum tax is not required of any
citizen. If Congress passes the tax code don't criticize people for
@Bored to the point of THIS!:"Romney wants me to vote for him
because of his "business sense", yet it is his "business sense"
that is in question."Business sense is far better than
Obama's general nonsense."The economy is the issue that I
focus most on. For me Romney is struggling to gain my vote."Then
you don't want Obama. He's done nothing for our economy."He talks a good game, but gives little real substance on what he'd
do."Perhaps he should use the phrase, 'hope and
change.' That explains everything.@The Skeptical Chymist:"Mitt has been FAR from forthcoming regarding his business
dealings..."If you want 'far from forthcoming' try
Obama. It took years to get his birth certificate out to the public. And, even
today it's authenticity is being challenged. My bet is that Obama is not
natural born and thus, an interloper. He has yet to come forth with his
university grades transcript. And his SS number is questioned. The first three
numbers (042) of his SS number indicate it was issued in Connecticut where
he's never been, and was issued to a women in 1890.
To: laggie, continued.Bain Capital has helped create or preserve 2
million jobs! That is exactly TWO MILLION more jobs that Obama created in the
private sector. Oppps Obama has never worked in the private sector."Out sourcing US jobs"Obama speaks it and the media
repeats it like parrots at the park! U.S. corporations which are invested in by
tems of millions of Americans create jobs here and expand into foreign
countries. Just as foreign companies expand into the United States. For example,
Toyota, Hyundai, Nissan, Honda, Sony, Phillips, Fiat(haha), ect... These
companies create jobs here too! U.S. companies that invest or open call centers
in the Philippines for example(Chase, TMobile and a host of others) allow US
markets to expand! Filipinos buy lots of American made goods! Ask companies like
A.C. Delco! US workers making batteries to go there! Hmmm a world market. Obama is playing a game of divide and conquer. He blames Banks,
Wallstreet, Main Street, Small Business, Whites, Catholics, Republicans,
Republican Governors, US Investors, Overseas Investors for all the problems of
the United States! But, never ever is it his Administrations fault? No long term
policy is the problem!
To: laggie SLC."I'm betting Romney profited heavily by
betting on the declining U.S. dollar"Laggie try again. The US
dollar is at near equal value to the British Pound and the Euro as it was about
10 years ago! You missed there! Try again!"Investing in emerging
markets" Yes like many US funds do! Like many US companies do
and even like many states such as California do! And foreign investors, people,
corporations and countries invest in the United States! If you have a 401k you
could be investing in emerging markets! You must be EVIL! Hmm perspective and
understanding of the markets comes first! You can complain if it is based in
some real facts and not just what is regurgitated from the left sided media!"Participated as a partner"Yes, he did participate
at Bain. He built the company from nothing to 960 employees and 66 billion in
value! Results 165 companies saved! 12 Companies I quoted in the DN before
created 867,000 U.S. jobs, 115.8 billion in value and pay property taxes on
43,800 locations. Bail also built foreign companies that employed Americans
They (the libs) say Romney keeps his money overseas in order to avoid taxes.As soon as tax cheat Timothy Geithner is thrown in jail for income tax
evasion, then I vote for Romney disclosing more of his financial information.
Deal??? That's what I thought. crickets, crickets.This regime
is a total joke. Can't take it any longer. Obama reminds me of Alfred E.
Newman every time I see his face.
For those who complain that Obama has never run a business and has never had to
make a payroll, here are some statistics for you on the rate of growth of
government under the last few presidents:Nixon-Ford administration:
2.8% per year increase in government spendingCarter 2.1%Reagan
2.6%GHW Bush 2.0%Clinton 0.9%George W. Bush 2.6%Obama
1.4%Not bad for Obama!The problem isn't that the
growth in government spending is so out of control - it is that government
revenues are very low due to Bush's tax cuts, and most especially due to
the recession/depression.Also, Mitt and the Republicans are livid
about the tax rate on the top 1% going up. From a historical perspective, the
current top tax rate of 35% is incredibly low. Before 1986, it was 50%; before
1980, it was 70%; and throughout the period 1950-1963 it was never below 91%.
Those were golden years for the economy - why the opposition to raising the top
The problem for Romney is not whether he is doing anything illegal or not. It
is the perception that he is giving to voters that he is hiding something or
that he is unwilling to to come forward and explain anything. He cannot win an
election just saying that he is better than the other guy. He has to be able to
produce and answer questions instead of deferring to after he becomes president.
People need to know that they can trust him, or they will not vote for him
regardless of Obama's record.
Just for fun, there are some out there like me that wonder how much previous
presidents net worth would be in today's (2010) dollars. So here are some
examples:George Washington $525 MillionThomas Jefferson $212
Million (though it is said he died deep in debt)Theodore Roosevelt $125
MillionFDR $60 MillionJFK (family worth over $1 Billion)LBJ
$98 MillionAnd without listing them all, going back to before 1850 there
were many that would have been worth in the $10s of millions.Running
for and being President has, for the most part, been a rich man's game.
That Romney is rich is irrelevant. It is just a tune the Democrats are singing
in trying to distract the voters (and it seems to be working) from the relevant
issues, like the economy, jobs, immigration, and national security. This level
of Romney's net worth in nobody's business. Nor is Obama's, but
it reportedly around $5 Million.
I'm guessing Romney profited heavily by betting on the declining U.S.
dollar and also by investing in emerging markets while at the same time
participating as a partner (and subsequently participating in profits as a
retired partner) at a firm who in the aggregate has been responsible for the
outsourcing of U.S. jobs. This is a huge problem for him.
How come Romney is the supposed outsource guru in this election? Wasn't it
Pres. Obama that took control of HUMMER and sold it to the Chinese? (Or for
that matter our entire economy, since all of this extra spending is paid by
loans from Commy China)
We don't need a successful man, who ran a business, saved the Olympics and
was gov for four years. No, we need a man who has never run a business, has
never had a job that wasn't a gov job, and yes, that includes haaaavard - a
man who has never met a payroll. Yah, that's the ticket. A man who uses
tax money recklessly on vacations, and even flying the dog on a separate jet to
their vacation.We surely don't need a man who has taken nothing for
his years rescuing the Olympics, or nothing for serving as gov and a man who has
given his inheritance to charity. On top of that he donates more to charity than
all the dems in the congress together(and yes, there are more millionaire dems
in congress than republicans). Man he knows nothing! /sarc
Obama will do anything he can to deflect the spotlight from the real issues.
Personally, I don't care how much money Romney has or what his tax rate is
(as long as he's not doing anything illegal). I care how much money I have
and what my tax rate is, and I think that under a Romney administration my worth
will go up and my tax rate will go down. Under an Obama administration, my
worth will go down and my tax rate will go up. It's a pretty easy decision
Maybe......Could Mitt's more than ample distribution of funds
throughout the world actually be philanthropic? Maybe Mitt Romney does not
want to open his "tax" records to the public because he is helping the
needy of other countries as his Mormon Church suggests it's members do? Could this explain the Romney family's reluctance to speak up?
Not so fit:It's true we don't know everything about
Romney's finances. Truth is, we will never know everything. I
wouldn't release everything. Why give info to your opponent to spin
around? But a lot of what the news is saying was hashed out in the primary.
Just a regurgitation. His opponents back then claimed he was hiding deep dark
secrets, until he released them. Only to find out that there was nothing
illegal or unethical. The only thing that come from it was what everyone
already new, Romney makes a boat load of money from his investments. A lot of
this info comes from the returns released by Romney, the Cayman accounts etc.
Not exactly hiding it if you claim it on your taxes. I never went a long with
the birth certificate issue, but there is a difference between the possibility
of not being a natural born citizen and some bank accounts that have a lot of
money in them. You can't be POTUS if you are not a natural born citizen.
On the other hand, you can be POTUS even if you have a boat load of money.
He's a big boy, he can handle it.
Mitt is doing the same thing that any reasonable rich man does--or would do. He
has his money in other places where the Government of the US and IRS can't
touch it. Like Rico Suave said, everything Mitt does is legal, they are just
trying to make it SOUND illegal.Why pay more in taxes then you have
to? Mitt pays his rate what the government requires. However, on the other
hand, you have Tim Geitner who evades taxes, Warren Buffet who owes a boat load
in back taxes. But because they have a D next to their name and they play ball
with Big O, they get a free pass.
Mitt has been FAR from forthcoming regarding his business dealings, yet touts
his business experience as what is needed to run the government properly. If he
wants us to vote for him on the basis of his business acumen, then he needs to
be open about his dealings. There is pretty clear evidence that he is
withholding information that he thinks will be damaging by not releasing his tax
returns, etc. There is also pretty clear evidence that he has lied about his
business dealings.Seeing how things turned out with our last MBA
president makes me rather disinclined to buy that the country needs a good
businessman at the helm. Being a good CEO, and doing what is in the interest of
your shareholders (and yourself) is not correlated with doing what is best for
the country at large. I'm convinced that Obama is trying to do what is
best for the country as a whole, but is stymied by the Republicans in Congress
who will do anything (including sabotaging the US economy) to prevent his
reelection. For at least the past two years they have been actively making a
bad situation worse.
Being wealthy is not a crime and neither is using legal means to preserve as
much of that wealth as you can. Paying as much on taxes is not American, nor is
it philanthropic. It's just plain dumb.This is just a
well-times mis-direction campaign. If you do a little searching you'll
notice that the 2nd quarter jobs report just came out and it wasn't good.
They know that rich is a four letter word and that it resonates with
a lot of Americans.
Obama employs the age old deception of blaming someone else for something they
know they haven't done themselves. The media laps up these
statements of his like a thirsty dog..without calling him out for his duplicity.
Hopefully, enough people "get it" that we won't have
to live another four years with this man of deception.
I now the pettiness goes both ways. I know people on both sides of the fence
can argue about this, that, and the other...but...for me
this is a real issue. Romney wants me to vote for him because of his
"business sense", yet it is his "business sense" that is in
question.Both candidates have their strong supporters. Those
supporters vote based upon a variety of factors. Political party, taxes,
religion, race, etc... The economy is the issue that I focus most on. For me
Romney is struggling to gain my vote. He talks a good game, but gives little
real substance on what he'd do. For example: He says he'd repeal
healthcare, but won't have the power alone as president to do it?Come on Romney.... earn my vote!
Mitt is doing it all wrong. The goal of a politician is to get reelected, else
why run? How does Mitt do that?He has to remember that he must
appeal to most of the voters. Doesn't matter so much what the issue is.
He needs over fifty percent. He has to figure out what the voters wanna to hear
and tell them.For example, he has to tell Hispanics that he loves
them and that he will let them stay here without harassment and even get them
citizenship papers if they desire. He has to tell them that they can get free
education through college and get good jobs after graduation.Then,
he has to say that the rich should pay more taxes and the not so rich should pay
less taxes.And he needs to pull all his cash out of foreign
countries and close the accounts.These are three things he needs to
do. Then, after the election he can begin to back away from these positions and
do the right thing for this country. He needs to take a lesson from the expert,
Obama, cuz that's how he did it.
For over four years, a daily abundance of newscasters, articles, programs, have
been discussing, over and over, the "fact" that, "we don't know
anything about Barack Obama". After President Obama was elected, the
same thing occurred, with the daily comment being, "Had we known more about
Obama, we would never have elected him President of the United States".Ok...............The public and the nation's voters know very
little about Mitt Romney, and do not know why he sends his gazillions off to
other countries throughout the world.
Obama is attacking Mitt Romney for keeping some of his wealth a secret.
Meanwhile, Obama has yet to reveal his college records, and other things like
TOO mentioned.Anyone foolish enough to vote for Obama this time
around deserves what they get. Unfortunately, all of us will pay the price for
it (and our children, and their children, and so on).
Another situation where obama and his media are trying as hard as they can to
gin up a story. Who honestly cares, and what does it have to do with the issues?
Has Romney complied with the law? Move on! When will we ever see the media
turning over every stone to manufacture a critical story or investigation about
the Great One, BHO. I have a lot of questions that they could look into, since
they seem to be so desperate for work, but they just turn a blind eye!
Obama: I expect Mitt to become open about his finances, but I refuse to let Eric
Holder release documents about Fast and Furious. That's transparency for
you. One man is expected to release private documents while the other will hold
on to what could be a threat to the public.
Woe is Mitt.