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Posted

Who said that 50% of the businesses go bankrupt? Link and quote please! I thought you said this money was a loan and so it was all coming back to the government, now you say that some of the companies have gone bankrupt. Does that mean not all of the money is coming back after all?

Yes and by some I mean, according time magazine, less then 1%. You know what number is less then 1%? Well if we are around it is 0%.

So according to Romney 50% of those in the program went bankrupt. According to the fact checkers that number is over inflated by close to 50 times that.

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Posted

Here is another one Romney said that a 90 Billion dollar green energy program had 50% of its businesses file for bankruptcy. Well the program was actually 21 Billion and less then 1% of business in that programs have gone belly up. That is a HUGE LIE which is easily checked, anyone can do it.

He literally just went on stage and tried to create his own reality out side of facts which can be checked.

You may be right in terms of the number of such businesses. In terms of dollar amounts though, go to this thread (link).
  • Free speech: "You can say what you want, but I don't have to lend you my megaphone."
  • Always remember that when you are in the right you can afford to keep your temper, and when you are in the wrong you cannot afford to lose it. - J.J. Reynolds.
  • Will the steps anyone is proposing to fight "climate change" reduce a single temperature, by a single degree, at a single location?
  • The mantra of "world opinion" or the views of the "international community" betrays flabby and weak reasoning (link).

Posted (edited)

Yes and by some I mean, according time magazine, less then 1%. You know what number is less then 1%? Well if we are around it is 0%.

So according to Romney 50% of those in the program went bankrupt. According to the fact checkers that number is over inflated by close to 50 times that.

Punked, I again am asking you for a link that shows Romney using the 50% figure. Is it hard to find?

What I find is his remark on the debate, and how many of the 33 or so companies in this program have been in trouble and needed more $$$ from the Government. They would have gone bankrupt too. You can throw more good money after bad to prop them up but the fact is at that point they are not solvent.

Edited by sharkman
Posted

Punked, I again am asking you for a link that shows Romney using the 50% figure. Is it hard to find?

What I find is his remark on the debate, and how many of the 33 or so companies in this program have been in trouble and needed more $$$ from the Government. They would have gone bankrupt too. You can throw more good money after bad to prop them up but the fact is at that point they are not solvent.

Here you go fact checked and everything for you. As for your 33 companies that 90 billion (which was closer to 21 Billion) reflects more then just those, and of their 33 only one went under so it is still no where close to half. Mitt changes the rules and still can't support his obvious lies.

http://green.blogs.nytimes.com/2012/10/04/90-billion-for-green-energy-a-closer-look/

Posted

That article conveniently ignores that the Bush administration halted Solyndra's involvement and the Obama admin fast tracked it. See, that's the problem with so many of these media sources, they are so bent on getting Obama back into the White House that they can not be objective.

We can go back and forth on these issues, but at the end of the day, Obama has failed. His policies have put the US into a hole that it will take decades to get out of. The US sufferred under 8+ unemployment rates for almost his entire term. And you want to celebrate that he's reduced the deficit slightly when he promised to cut it in half. His record stinks.

And the only reason Romney is gaining any ground at all is that the debate did not have any of the leftwing editing that so frequents the MSM. That ought to tell you all you need to know about the corrupt media. The public had an unfiltered window on Romney for once and he blew them away.

Posted

That article conveniently ignores that the Bush administration halted Solyndra's involvement and the Obama admin fast tracked it. See, that's the problem with so many of these media sources, they are so bent on getting Obama back into the White House that they can not be objective.

We can go back and forth on these issues, but at the end of the day, Obama has failed. His policies have put the US into a hole that it will take decades to get out of. The US sufferred under 8+ unemployment rates for almost his entire term. And you want to celebrate that he's reduced the deficit slightly when he promised to cut it in half. His record stinks.

And the only reason Romney is gaining any ground at all is that the debate did not have any of the leftwing editing that so frequents the MSM. That ought to tell you all you need to know about the corrupt media. The public had an unfiltered window on Romney for once and he blew them away.

That is not really the point. Maybe if that is what Romneys said you would have a point. He instead lied about the fact and got all the numbers wrong. The man is a liar.

Posted

Seems the only thing people remember from the debate now is that Romney wants to kill Big Bird.

See that, people don't think he's a liar, they think he wants to kill Big Bird. Weird fella, eh?

Posted (edited)
Seems the only thing people remember from the debate now is that Romney wants to kill Big Bird.
The definition of an American Leftist: any reference to "Big Bird".
Eric Fehrnstrom, Romney's top campaign official, was doing interviews the day *after* the debate, clarifying that Romney's "plan" actually doesn't include anything about protecting people with pre-existing conditions.
The definition of an American Salt Water leftist: any reference to "Pre-existing Conditions". Edited by August1991
Posted (edited)

The definition of an American Leftist: any reference to "Big Bird".

The definition of an American Salt Water leftist: any reference to "Pre-existing Conditions".

MR. ROMNEY: ...I love Big Bird.

MR. ROMNEY: Let -- well, actually -- actually it's -- it's-- it's a lengthy description, but number one, pre-existing conditions are covered under my plan.

So Romney is a Salt Water leftist? :blink:

Edited by msj

If a believer demands that I, as a non-believer, observe his taboos in the public domain, he is not asking for my respect but for my submission. And that is incompatible with a secular democracy. Flemming Rose (Dutch journalist)

My biggest takeaway from economics is that the past wasn't as good as you remember, the present isn't as bad as you think, and the future will be better than you anticipate. Morgan Housel http://www.fool.com/investing/general/2016/01/14/things-im-pretty-sure-about.aspx

Posted

MR. ROMNEY: ...I love Big Bird.

MR. ROMNEY: Let -- well, actually -- actually it's -- it's-- it's a lengthy description, but number one, pre-existing conditions are covered under my plan.

So Romney is a Salt Water leftist? :blink:

He is whatever the polls tell him to be.

Posted

He was a liar before the debates. Now he's a liar and a jerk.

I agree. Obama's been stretching the truth, and finally got called out on it Wednesday.

Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax Plan

I can’t tell exactly how the Obama campaign reached that characterization of my work. It might be that they assume that Governor Romney wants to keep the taxes from the Affordable Care Act in place, despite the fact that the Governor has called for its complete repeal. The main conclusion of my study is that under plausible assumptions, a proposal along the lines suggested by Governor Romney can both be revenue neutral and keep the net tax burden on taxpayers with incomes above $200,000 about the same. That is, an increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral.

WS

I think the professor's characterization of "I can't tell exactly how the Obama campaign is reaching their conclusion" is just a nice way of stating that he can't figure out why they're lying about his work. Obama had about half a dozen lies during the debate. Romney was actually prepared and called him out on them. That's why Obama looked so pathetic.

Posted (edited)

I agree. Obama's been stretching the truth, and finally got called out on it Wednesday.

I think the professor's characterization of "I can't tell exactly how the Obama campaign is reaching their conclusion" is just a nice way of stating that he can't figure out why they're lying about his work. Obama had about half a dozen lies during the debate. Romney was actually prepared and called him out on them. That's why Obama looked so pathetic.

You can just read the study to tell what Obama said is true. Unless as the professor says there is a huge increase in growth well outside any historic example. I guess Rosen just knows that Romney will borrow from China for his 5 Trillion dollar tax cut so he probably wouldn't raise taxes on the middle class. It will be up to the next guy to fix the mess another Republican left.

So now about ALL THE LIES ROMNEY TOLD. You still give him a free pass? You know because he told at least 37 lies in 37 minutes.

Edited by punked
Posted

Revenue neutral, Shady. He needs to create a surplus to reduce the federal debt.

Yes, the tax plan will be revenue neutral, but the budget itself won't be. Add to that the elimination of Obama's economy crushing policies, and you'll see stronger job creation, more people paying taxes, less people needing government assistance, and revenues to the government increasing significantly. Heck, just getting unemployment down to a normal 5 o 6 percent would be a huge boon for revenues.

Posted

Yes, the tax plan will be revenue neutral, but the budget itself won't be. Add to that the elimination of Obama's economy crushing policies, and you'll see stronger job creation, more people paying taxes, less people needing government assistance, and revenues to the government increasing significantly. Heck, just getting unemployment down to a normal 5 o 6 percent would be a huge boon for revenues.

Romney has already said he will only create 12 Million jobs over 4 years so each new job he creates will have to pay 500,000 dollars each to pay for his plans. So you know something that has never happened before or even close would have to happen. Sure Shady. Probably why Romney flip flopped on his plans during the debate. They make no sense.

Posted

Romney's so rich and disconnected from reality that he probably thinks $500,000/year is minimum wage.

Oh definitely. He probably does. Cause he's so rich. :rolleyes:

Btw, did you guys know Romney is rich?

What's Obama's plan to reform Medicare? Romney is rich.

What's Obama's plan to reform Social Security? Romney is rich.

What's Obama's plan to balance the budget? (the one he said he'd cut in half in his first term) Romney is rich.

What's Obama's plan for the upcoming fiscal cliff on January 1st? Romney is rich.

What's Obama's plan to foster real economic growth? Romney is rich.

What's Obama's plan for energy? Romney is rich.

Etc, etc, etc.

:lol::lol::lol:

Posted

Oh definitely. He probably does. Cause he's so rich. :rolleyes:

Btw, did you guys know Romney is rich?

What's Obama's plan to reform Medicare? Romney is rich.

What's Obama's plan to reform Social Security? Romney is rich.

What's Obama's plan to balance the budget? (the one he said he'd cut in half in his first term) Romney is rich.

What's Obama's plan for the upcoming fiscal cliff on January 1st? Romney is rich.

What's Obama's plan to foster real economic growth? Romney is rich.

What's Obama's plan for energy? Romney is rich.

Etc, etc, etc.

:lol::lol::lol:

Obama has actually outline and put into bills what his plans on all those things are Shady. Maybe go research them. Now Romney actually hasn't come up with any plan.

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