A collection of newsworthy information as reported from newspapers, magazines, and blogs.

Thursday, August 30, 2012

Let's Re-Elect President Obama

If – Barack Obama were somehow able to cure hunger in the world, the Republicans would blame him for overpopulation. Barack Obama could somehow bring about world peace, and they’d blame him for destroying the defense industry. Barack Obama has a BLT for lunch they will try to ban bacon. ~ Alan Grayson

Can you name a single accomplishment by a Republican President or Congressman in the last decade?  Republicans don't know how to fix the economy.  Their ideas will make matters worse. For example, George Bush’s policies deregulated Wall Street and caused a near depression. 

For the past three years, Republicans have obstructed and worked to divide our country. You put your ideology, politics, and animosity for our president above love of country and its people.  You have no answers on more important issues like the right to good affordable health care, the economy, runaway banks, jobs, income inequality and poverty.  You’re likely to offer more trickledown economics and more bigoted laws that disenfranchise gays, blacks, and immigrants. Medicare, Social Security, and Education are at risk of becoming extinct under Republican leadership.

This group of radical Republicans have waged a “War on Women” pushing for a ban on contraception and in vitro fertilization, and would literally put a woman and her doctor behind bars if they didn't comply. They would ban abortions even when a woman faces certain death without one.  Children are the aftermath of birth.  The Supreme Court has upheld Roe v Wade.  Your semen and your spouse’s eggs are not children.    Keep Abortion Safe, Legal, and Accessible!   It's not a stretch to think that desperation wouldn't push these candidates further to the right than they are now.

"He that is of the opinion money will do everything may well be suspected of doing everything for money." ~ Ben Franklin   Romney is no business man.  He is "Gordon Gekko" - the symbol for unrestrained greed.   Romney favors income inequality but will only discuss this philosophy in a “quiet room.”    Romney has endorsed exactly the kind of upper-income tax cuts that past nominees have championed.  Romney's tax plan will add 600 billion dollars to the deficit.
Republicans are on the wrong side of history and they pandering to the lowest common denominator to get votes. 

If you really want Change, give us a Congress WITHOUT the goal of making the President fail.

Republicans want to destroy this country and I will do everything in my power to re-elect you Mr. President.  Obama 2012!  Americans of all stripes will make their voices heard at the ballot box and soundly reject Republicans for all that you've become. With President Obama leading the charge, we as a country are moving forward!

Monday, August 20, 2012

USA - A Third World Country

“I like to pay taxes. 

With them, I buy 

civilization.” ~Oliver 

Wendell Holmes

The fact is we pay for the lifestyle we expect. Without taxes, our lifestyles would be totally different and much harder. America would be a third world country. The less we pay, the less we get in return.

If you're a conservative who hates taxes, please do the following.

1. Do not use Medicare.
2. Do not use Social Security
3. Do not become a member of the US military, who are paid with tax dollars.
4. Do not ask the National Guard to help you after a disaster.
5. Do not call 911 when you get hurt.
6. Do not call the police to stop intruders in your home.
7. Do not summon the fire department to save your burning home.
8. Do not drive on any paved road, highway, and interstate or drive on any bridge.
9. Do not use public restrooms.
10. Do not send your kids to public schools.
11. Do not put your trash out for city garbage collectors.
12. Do not live in areas with clean air.
13. Do not drink clean water.
14. Do not visit National Parks.
15. Do not visit public museums, zoos, and monuments.
16. Do not eat or use FDA inspected food and medicines.
17. Do not bring your kids to public playgrounds.
18. Do not walk or run on sidewalks.
19. Do not use public recreational facilities such as basketball and tennis courts.
20. Do not seek shelter facilities or food in soup kitchens when you are homeless and hungry.
21. Do not apply for educational or job training assistance when you lose your job.
22. Do not apply for food stamps when you can’t feed your children.
23. Do not use the judiciary system for any reason.
24. Do not ask for an attorney when you are arrested and do not ask for one to be assigned to you by the court.
25. Do not apply for any Pell Grants.
26. Do not use cures that were discovered by labs using federal dollars.
27. Do not fly on federally regulated airplanes.
28. Do not use any product that can trace its development back to NASA.
29. Do not watch the weather provided by the National Weather Service.
30. Do not listen to severe weather warnings from the National Weather Service.
31. Do not listen to tsunami, hurricane, or earthquake alert systems.
32. Do not apply for federal housing.
33. Do not use the internet, which was developed by the military.
34. Do not swim in clean rivers.
35. Do not allow your child to eat school lunches or breakfasts.
36. Do not ask for FEMA assistance when everything you own gets wiped out by disaster.
37. Do not ask the military to defend your life and home in the event of a foreign invasion.
38. Do not use your cell phone or home telephone.
39. Do not buy firearms that wouldn’t have been developed without the support of the US Government and military. That includes most of them.
40. Do not eat USDA inspected produce and meat.
41. Do not apply for government grants to start your own business.
42. Do not apply to win a government contract.
43. Do not buy any vehicle that has been inspected by government safety agencies.
44. Do not buy any product that is protected from poisons, toxins, etc…by the Consumer Protection Agency.
45. Do not save your money in a bank that is FDIC insured.
46. Do not use Veterans benefits or military health care.
47. Do not use the G.I. Bill to go to college.
48. Do not apply for unemployment benefits.
49. Do not use any electricity from companies regulated by the Department of Energy.
50. Do not live in homes that are built to code.
51. Do not run for public office. Politicians are paid with taxpayer dollars.
52. Do not ask for help from the FBI, S.W.A.T, the bomb squad, Homeland Security, State troopers, etc…
53. Do not apply for any government job whatsoever as all state and federal employees are paid with tax dollars.
54. Do not use public libraries.
55. Do not use the US Postal Service.
56. Do not visit the National Archives.
57. Do not visit Presidential Libraries.
58. Do not use airports that are secured by the federal government.
59. Do not apply for loans from any bank that is FDIC insured.
60. Do not ask the government to help you clean up after a tornado.
61. Do not ask the Department of Agriculture to provide a subsidy to help you run your farm.
62. Do not take walks in National Forests.
63. Do not ask for taxpayer dollars for your oil company.
64. Do not ask the federal government to bail your company out during recessions.
65. Do not seek medical care from places that use federal dollars.
66. Do not use Medicaid.
67. Do not use WIC.
68. Do not use electricity generated by Hoover Dam.
69. Do not use electricity or any service provided by the Tennessee Valley Authority.
70. Do not ask the Army Corps of Engineers to rebuild levees when they break.
71. Do not let the Coast Guard save you from drowning when your boat capsizes at sea.
72. Do not ask the government to help evacuate you when all hell breaks loose in the country you are in.
73. Do not visit historic landmarks.
74. Do not visit fisheries.
75. Do not expect to see animals that are federally protected because of the Endangered Species List.
76. Do not expect plows to clear roads of snow and ice so your kids can go to school and so you can get to work.
77. Do not hunt or camp on federal land.
78. Do not work anywhere that has a safe workplace because of government regulations.
79. Do not use public transportation.
80. Do not drink water from public water fountains.
81. Do not whine when someone copies your work and sells it as their own. Government enforces copyright laws.
82. Do not expect to own your home, car, or boat. Government organizes and keeps all titles.
83. Do not expect convicted felons to remain off the streets.
84. Do not eat in restaurants that are regulated by food quality and safety standards.
85. Do not seek help from the US Embassy if you need assistance in a foreign nation.
86. Do not apply for a passport to travel outside of the United States.
87. Do not apply for a patent when you invent something.
88. Do not adopt a child through your local, state, or federal governments.
89. Do not use elevators that have been inspected by federal or state safety regulators.
90. Do not use any resource that was discovered by the USGS.
91. Do not ask for energy assistance from the government.
92. Do not move to any other developed nation, because the taxes are much higher.
93. Do not go to a beach that is kept clean by the state.
94. Do not use money printed by the US Treasury.
95. Do not complain when millions more illegal immigrants cross the border because there are no more border patrol agents.
96. Do not attend a state university.
97. Do not see any doctor that is licensed through the state.
98. Do not use any water from municipal water systems.
99. Do not complain when diseases and viruses that were once fought around the globe by the US government and CDC reach your house.
100. Do not work for any company that is required to pay its workers a livable wage, provide them sick days, vacation days, and benefits.
101. Do not expect to be able to vote on election days. Government provides voting booths, Election Day officials, and voting machines which are paid for with taxes.
102. Do not ride trains. The railroad was built with government financial assistance.

Sunday, August 19, 2012

Let's Give President Obama - 4 More Years

Democrats – this could be the best reason to make sure you VOTE!  Supreme Court!  Supreme Court!  Women are justices on the Supreme Court—for life. And without those women, healthcare would be dust right now.

By Ralph Maxwell

O, Romney-O, Romney-O, Wherefore art thou, MittRomney?
You flip-flop here, you flip-flop there, 
You flip-flop almost ev'rywhere.
You ballyhoo what you're gonna do
And then you pull a switcheroo;
You now malign what you found fine;
Seems like you've got a jellyfish spine.
Obamacare, by you begun,
Now you'd trash it on day one.
Gun control you did extol,
But now you're preaching decontrol.

O, Romney-O, Romney-O, Wherefore art thou, Mitt Romney?
We've got no clue what you will do
Or what new view you'll pander to.
Time was you championed women's choice,
But you no longer heed their voice;
On gay rights, too, guess you withdrew
Support they once enjoyed from you.
Global warming, EPA,
Immigration, minimum pay,
Roe V. Wade, also fair trade,
All joined your flip-flop cavalcade.

O, Romney-O, Romney-O Wherefore art thou, Mitt Romney?
So many things that you were for
You've turned against and slammed the door.
Stimulus and cap and trade,
Education, foreign aid,
Campaign reform, tarp rescues, too,
All victims of your switcheroo.
You take your stand on shifting sand,
We never know where you will land;
You vacillate, you fabricate,
A wishy-washy candidate.

O, Romney-O, Romney-O, Wherefore art thou Mitt Romney?
As gov'nor you let taxes rise,
Now ev'ry tax you demonize.
You say regardless of the facts
You'd take an axe to the millionaire's tax;
You'd feed the greed of the richest few
The poor and middle class you'd screw.
Your tax returns you hide from view
What evil lurks there we've no clue;
If they're not bad why hesitate?
Is it that they incriminate?

O, Romney-O, Romney-O, Wherefore art thou Mitt Romney?
At Bain you plundered with a flair
And walked away a zillionaire.
You shipped off-shore, good jobs galore
To China, India, Singapore;
A job creator you are not.
And to boast you are is tommyrot.
As a total fraud, Mitt's got no peer;
What we must do is crystal clear:
Let's give Obama four more years!
Yes, it's Obama – four more years!

Friday, August 17, 2012

Obama Strengthens Medicare - That's The Bottom Line!

Paul Ryan isn’t “reforming Medicare.” In reality, President Obama and Democrats have already started that process.  The GOP wants to repeal Obamacare and take health care away from everyone. State-level Republicans actively deny health insurance to the poor, and House Republicans have voted 33 times to let insurance companies decide who deserves health care coverage.

Romney paints President Obama s cutting Medicare to pay for the Affordable Care Act when in fact the cuts were due to EFFICIENCY'S CREATED, not cuts in services.
There are only a few problems with this. The first is that Obama didn't necessarily "cut" Medicare; he limited the expected rate of growth in the program on the supplier side by eliminating waste, fraud and abuse, mostly in Medicare Advantage.

How can you complain about high poverty rates and high unemployment and then sing the praises of a Republican Party whose policies have put us there and keep us there? How can you complain about President Obama’s record and sing the praises of a Republican House that has passed only 151 laws, 17% of which are bills to name post offices, and only two bills to create jobs, only one of which will create jobs in less than five years? And how can you claim that we liberals only pay attention to inputs and ignore outcomes, and still support a Republican Party that continue to push policies that are proven failures?

The Afforadble Care Act is cheaper and will continue to keep health care costs down. All hospital stays are covered with no lifetime cap. 80% of your premium must go towards your care, not CEO bonuses.   There will be large tax breaks for people earning between $14K & 44K so they can afford to go to the doctor. With the Romney/Ryan plan everything will become privatized, ending most taxes. Billionaires will buy up all Government services and charge you to use them. No more public schools, police, firemen, public roads, parks, etc. Overall, it will double household expenses. Military spending will go sky high with the only jobs available will be in the military. R/R have promised to help Israel carpet bomb Iran. That should really stir up a hornet's nest! No billionaire's kids will be fighting in that war, as Romney's kid said on Conan's show-only the poor fight in wars.

 Obama Song

Thursday, August 16, 2012

Obama Will Win - Vote Early!

Early voting is not a luxury only afforded to the senior citizens and disabled.  Avoiding an hour or more long lines during the General Election is an adequate reason to Vote Early.  Every State may have a different rule.  For example, Ohio allows you to Vote Early for 35 days.

Sure, you may have participated in the Final Sunday Voting Church Event in the past.  Every since President Obama became President, Republicans have worked to change those voting tactics.  Don’t let that deter you from voting.

The convenience of voting in your own home and not paying postage to return your ballot to the Board of Election cannot be ignored.  Just imagine, you tell the Board of Election that you want to vote early.  The Board of Election then sends you an official ballot.  You vote.  Put the ballot in a postage paid envelope and mail it.  Voila, you’re done.

Federal laws prohibit anyone from tampering with the mail.  The mailman delivers your mail thru rain, snow, and gloom of night.  A ballot in an enclosed envelope does not give away information on who you voted for.  The Board of Election does not know if you’ve voted for a Democrat or a Republican and their integrity has to be trusted here.  If you don’t feel comfortable mailing in your ballot, you can always waste your time and gas by driving to the Board of Election and personally handing to an employee.  I say, however, keep it simple and use the self addressed postage paid envelope and mail the ballot to the Board of Election.

Rachel Maddow’s show points out the clear advantages for our President if you vote early.  Please register and then vote since you may live in a critical Swing State where every vote is needed.  Click on Rachel Maddow’s name and see her August 16, 2012 report. 

Republicans Will Vote For President Obama





 By Tony Skaggs

I'm a life-long Republican, voted for John McCain, and supported Mitt Romney as the most

realistic candidate in the primaries. However, as both a Republican and more importantly an American, I did not share Rush Limbaugh's view expressed in January 2009: “I disagree fervently with the people on our side of the aisle who have caved and who say, ‘Well, I hope he succeeds'... I hope he fails.” Nor do I agree with Senate Minority Leader Mitch McConnell who in October of 2010, was asked what "the job" of Republicans in Congress was. McConnell answered, "The single most important thing we want to achieve is for President Obama to be a one-term president." We were in the middle of the greatest economic crisis since the 1930's and my party has as its main goal trying to make sure the president fails — even if the country fails right along with him. What has happened to my Republican party, this is not a sporting event, we all either win or lose together.

In the past, Republicans were pragmatic, not ideological; they would ask "does it work", not "does it fit into my theory." Ronald Reagan is known for his tax cuts, but he also pragmatically raised taxes 11 times to address the growing budget deficit, and had a good relationship with Democratic Speaker of the House Tip O'Neill. Since Reagan was pragmatic, not ideological, he compromised and worked with congress and accomplished what needed to be done to help the economy. Pragmatic non-ideological republican presidents never had a problem expanding the national government to solve national problems. Republican President Nixon created the Environmental Protection Agency (EPA) and Republican President Theodore Roosevelt created the Food and Drug Administration (FDA). Republican President Ford created the first federal regulatory program in education, with a program for special needs children. Republican President George Bush Sr. signed the Americans with Disabilities Act of 1990, and raised taxes to fight the deficit. Republican President Eisenhower warned: "we must guard against the acquisition of unwarranted influence, by the military–industrial complex" and was responsible for one of the largest Infrastructure projects in American history (Interstate Highway System). President Eisenhower also sent federal troops to Little Rock Arkansas so that discrimination against black school children would be ended. These men were not Left-wing radical hippies, but the "Tea Party movement" and their supporters in Congress would call them Socialist.

When I voted for Mitt Romney in the primaries, I believed Mitt was a moderate pragmatic Republican as was his father, George, when governor of Michigan, and as was Mitt himself when he was governor of Massachusetts. I thought Mitt had to move to the right to secure the nomination, but once he had it, he would move back to the moderate pragmatic center. Unfortunately, that has not happened; so taking this into consideration, and including the recent revelations about the secrecy with which Mitt Romney handles his financial affairs, I have had to re-evaluate my support for a Republican presidential candidate..

While I question some of President Obama's policies, I don't believe Mitt's policies regarding the economy will work. Mitt's business experience and wealth come from Wall Street, not Main Street, and I doubt he would have broken up the banks "too big to fail." As he said "The TARP (bank bailout) program was designed to keep the financial system going," and as a CEO of a private equity firm, he was a part of this financial system. If anything, given his background and avowed dislike of government regulation, I believe Mitt would have been even more hands off overseeing Wall Street and the banks "too big to fail." I know this non-involvement would NOT help a small business on Main Street. The firms which benefited from TARP, acted completely irresponsibly and contrary to the intent of the program by giving their executives huge bonuses, while restricting credit to small businesses. The problem with TARP, a program devised under President Bush, was too little regulation not too much.

I am disappointed in the pace of the economic recovery, yet I also know this was not an ordinary business cycle recession. It was initiated by an institutional Bank Panic in 2008, akin to the 1929 Wall Street Crash, in which some of the largest and most prestigious banks and financial corporations were threatened with failure and bankruptcy (ie Lehman Brothers, Merrill Lynch, AIG, etc). By the end of 2008 the lost of potential purchasing power (decline in value of homes, stocks, IRA's etc) in the United States alone, exceeded 14.5 TRILLION DOLLARS. Thanks to an old regulation left over from the 1930's, the FDIC, the anxiety and fear did not spread to small depositors at local banks, so there was no run on these small local banks. If not for the FDIC the economic crisis we faced would have been much worse, proving not all regulation is bad. However, since these small local banks also had their assets affected by the crisis, and the large banks were not extending credit to them, they could not make loans. The flow of small business credit dried up. The prevailing fear was that this panic would feed on itself, so that the economy would continue to spiral down.

It was once said, "As GM goes, so goes the nation." As people lost purchasing power, the demand for new cars dried up as people stopped buying them. This caused the car companies, including GM, to become threatened with bankruptcy. If the car companies went bankrupt, more then 100,000 additional workers would be unemployed. It was feared this would only be the tip of the iceberg as people wondered what would be the ripple effect on car part manufacturers, and what would be the effect on consumer confidence? Obama deviated from TRAP's stated purpose when he, without congressional authorization, used TARP to bail out GM and Chrysler thereby saving them from bankruptcy. Mitt would have not done this, as he stated: "Let Detroit Go Bankrupt." However, who would bid for these companies at this time of economic uncertainty, even Mitt's former company, Bain Capital, had reduced their acquisitions. I fear that China, for symbolic, political, and economic reasons might have bid to take over GM in a bankruptcy proceeding. This may seem farfetched until you realize GM sold more cars in China last year, then it sold in the United States. While I may oppose Obama's actions in theory, in practicality there was no other choice. Obama was pragmatic, he made a decision that solved the problem.

The TARP and actions by the Federal Reserve System (FED) provided approximately 3 trillion dollars for the financial system which stabilized it. Thus the financial system's private debt became public debt, and was added to the federal deficit. As opposed to this as I might be on a theoretical basis, I know as Mitt said "The TARP (bank bailout) program was designed to keep the financial system going." However, the Obama "Stimulus Program" which also included tax cuts, was inadequate. How can you expect to fill a 14.5 TRILLION DOLLAR HOLE caused by lost potential purchasing power with a program of less then one trillion dollars? The Stimulus should have been twice the size that it was. Between the TARP, the stimulus program, and the temporary cuts in the payroll tax, enough money was pumped into the economy to stabilize it and end the downward spiral into a depression. However these programs were not enough to "jump start" the economy, so that it would grow fast enough to reduce unemployment significantly. Yet, I can not condemn Obama because of the role the Republicans played in preventing the "Stimulus Program" from being adequate enough to solve the economic problem.

While Mitt Romney and Barack Obama did not disagree over the need or size of the stimulus program, they do disagree on what type of stimulus would be most effective. Mitt believed taxes should be lowered for job creators who are people with high incomes, aka "the investor class" or "the rich." In theory, this money would be invested to build new business enterprises which would create jobs, thereby creating demand for good and services. However, there is no way to guarantee this money would not be sent to "tax haven offshore banks" or be invested in foreign countries for a higher return, or even hidden away with gold. These will not circulate this money into the American economy and help it grow to produce jobs. Obama believed the money should be spent on people who will purchase goods and services with any extra money they have, aka "the American consumer" or "the middle class." He lowered taxes for low and middle income workers and increased spending directly by the government to create infrastructure like roads and schools, prevent layoffs in local communities, and support unemployed consumers who are able to buy products, thereby creating demand for good and services and creating jobs. Obama would quote the famous American investor Warren Buffett who said "the only reason why I'm going to hire is if there's more demand." Mitt's approach was "investor" or "supply side" driven; Obama's approach was "consumer" or "demand side" driven.

I can use myself as an example since I am considered a successful businessman. I have never made a business decision based on taxes. They never deterred me from expanding my business when I saw an opportunity to meet a demand by consumers. Taxes never took 100% of any additional income I made by expanding my business. They were just a cost of doing business like any other necessary cost. They paid for services my business and I, as an individual, needed, such as policemen, firemen, and road maintenance. On the other hand, while I always appreciate lower taxes, they would not effect how I ran my business. If my taxes were lowered, but there was no additional demand by consumers, I would not expand my business. However, I would take a nice European vacation and see Paris or Rome, or buy a Mercedes-Benz rather then a Ford, or perhaps buy a second home on a Caribbean island and open up a bank account there. Like any successful businessman, I am not ideological, I am pragmatic.

To those who question whether I am a Republican, let me remind them, there was once a time when we were a "big tent" party. I believe in smaller government only to the extent we had smaller corporations, since in many ways corporations have more control over our lives then the government does. Government power is the only counterbalance to corporate power, and at least we have some input into what the government does by our vote. We no longer live in a capitalist society, we live in a corporatist society. Therefore, I was spooked when Mitt Romney said "Corporations are people" and implied they should be given the same constitutional rights as citizens.

Those who advocate a new age of austerity, like the Romney/Ryan budget, will cite Greece with an unemployment rate of 22.6% and say Greece is a nation we are sure to follow if we do not tighten our belt and reduce government services. They also cite Spain's 24.3%, Portugal's 15.2% and Italy's 10.2% unemployment rate. However, what they do not say is that in each of these countries tax avoidance seems to be a national sport. As a Republican I can not support Mitt Romney because everything, from his refusal to reveal his taxes to offshore bank accounts in tax havens with strong bank secrecy laws, seem to indicate he is a tax avoider. I do not agree when Mitt Romney says that if he paid more taxes than were required, he wouldn't be qualified to be president. I think that if he paid a few more dollars in taxes then he had to, as I have done, it would be admirable. Mitt is a part of the problem, not the solution.

Mitt's father established the precedent of presidential candidates releasing their Tax returns in 1968. He released 12 years of them, saying "One year could be a fluke, perhaps done for show, and what mattered in personal finance was how a man conducted himself over the long haul." When Mitt's campaign was asked to release more then two years of returns, it responded “We’ve given all you people need to know" and has refused to give out additional information, even as many Republicans requested. People, including myself, are starting to ask "What is Mitt trying to hide?"

As Newt Gingrich put it, “I don’t know of any American president who has had a Swiss bank account.” But Mitt Romney also has accounts in the tax havens of Luxembourg, Bermuda, and the Cayman Islands. The Cayman Islands have a bank secrecy law so strong that a person can be jailed for up to four years, just for asking about account information. Mitt's desire for secrecy is so great that one time he neglected to include a Swiss bank account on required financial disclosure forms. Perhaps, it was because the Swiss account constituted a bet against the U.S. dollar, something no presidential candidate would want to reveal. When asked about it, Romney’s campaign spokeswoman, Andrea Saul, said that the candidate’s failure to include his Swiss account in the financial disclosures were merely a “trivial inadvertent issue.” From 1984 to 1999, taxpayers were allowed to put just $2,000 per year into a tax-free I.R.A., and $30,000 annually into a different kind of plan he may have used. Given these annual contribution ceilings, how can his I.R.A. possibly contain up to $102 million, as his financial disclosures now suggest? As Mitt said “I pay all the taxes that are legally required, not a dollar more.” However as Lee Sheppard, a contributing editor at the trade publication "Tax Notes" said, “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.” Has Mitt Romney acted as a model for all of us, the way a president should?

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

Is full disclosure to the SEC one of the regulations Mitt would do away with? What about other regulations overseeing the financial community; Wall Street and the banks too big to fail? If you put a fox in charge of the chicken coop, you have a problem for the chickens. Will Mitt's election be the equivalent of that for the small investor? As a small investor, and businessman, I can not take that chance. The sad thing is that Bain was first brought up by a candidate who wanted to colonize the moon, and the false filing was never mentioned. If this was discovered earlier, I would not have supported Mitt in the primaries and Republicans may have had a different candidate. Perjury is perjury. It was ethically and morally wrong as it was related to a public institution and there could be no equivocation since the two official documents Mitt signed exactly contradict each other 100%. He can not flip-flop between these two documents.

Mitt has said “I would like to have campaign spending limits”, however his most recent position is “the American people (and corporations) should be free to advocate for their candidates and their positions without burdensome limitations.” The necessity of spending limits became apparent during the Republican primaries. The ability of one candidate to outspend his rivals by 5, 6, 7, 10 times distorts the electoral system. Good men could be destroyed by a barrage of false negative ads, and lack the ability to fight back. It is no longer a level playing field where the best man emerges victorious. Do we want a system where it is possible to indirectly buy elective office?

These are the reasons that for the first time in my life, I will not vote for a Republican candidate for president. I will vote to re-elect Barack Obama.

Wednesday, August 15, 2012

Falsely Accused

Conservatives falsely accused President Obama of being influenced by William (Bill) Ayers but, says nothing about Paul Ryan’s implementation of Russian Atheist – Ayn Rand monetary policy.  Rand used words such as “refuse” and “parasites” to describe the poor, while celebrating millionaire businessmen as heroes.  She abhorred government social programs, such as Social Security, at least until she reached the age of eligibility, and reportedly signed on for both its benefits and those of Medicare.  Ayn Rand’s views of selfishness have left a more lasting legacy in the policies that Paul Ryan and Willard Mitt Romney embrace.

Obama did not have a close relationship with William (Bill) Ayers. Yet, the matter was initially raised by Sean Hannity and other conservative talk radio hosts like Rush Limbaugh.  Moderator George Stephanopoulous brought the issue up during a debate between Clinton and Obama in April 2008. In October 2008, the matter was mentioned in attack ads, robocalls, mass mailings, and campaign speeches by Republican presidential candidate John McCain and vice presidential candidate Sarah Palin as an issue in the general election campaign.

Ryan’s Rand references have been so frequent and impassioned that “he can no more denounce Rand than he can denounce his own white grandmother.”  Rand’s works were an early and important influence on him, shaping his thinking as far back as high school.  Later, as a Congressman, Ryan not only tried to get all of the interns in his congressional office to read Rand’s writing, he also gave copies of her novel “Atlas Shrugged” to his staff as Christmas presents.  In 2005, Paul Ryan explained that he often looks to Ayn Rand’s novel “Atlas Shrugged” as inspiration for his views on monetary policy.  Ryan paid fealty to Rand in a speech he gave to the Atlas Society, the Washington-based think tank devoted to keeping Rand’s “objectivist” philosophy alive. He credited her with inspiring his interest in public service, saying, “[T]he reason I got involved in public service, by and large, if I had to credit one thinker, one person, it would be Ayn Rand. And the fight we are in here, make no mistake about it, is a fight of individualism versus collectivism.”