[NeedKarma]

I disagree I think it is working. I think people do see him as a cold calculating capitalist whose only concern is his personal wealth and that of his buddies. But you're right, the election itself will tell the story.

[excon]

Hello again,

There's plenty of reason not to like Mitt, but outsourcing isn't one of them. Even today, Boeing is holding a seminar for its suppliers to teach them HOW to buy from Mexico. To them, outsourcing is GOOD.. I agree.

We had a run here in the US. We could pay our people $19.50 an hour because there wasn't anybody else in the world who could do that work. And there wasn't any place for them to do it, if there was..

That's changed. The only way we've been able to stay on top is creating new industries, and we've done that a lot... And, now that's changed too. The people who would ordinarily develop new industries are "uncertain". They're caretakers, not entrepreneurs. You hear the disdain the right wingers have over ANY government investment in our future... They make fun of the losses and point fingers. They haven't a clue.

The banks that caused our decline are right back on top doing the SAME thing. Nobody is trying to stop THEM. THEY'LL send us to hell much quicker than Medicare will.

Buy gold.

excon

[speechlesstx]

Ex, I love investing in the future. Unfortunately government sucks at it, or haven't you noticed?

Your guy keeps running around saying "forward, we can't keep trying the same old thing," yet you and him want to try the same old thing, government picking losers in the market. Not interested.

[speechlesstx]

Since we hear so much about that Republican-created fiscal cliff, FYI...

Obama’s fanciful claim that Congress ‘proposed’ the sequester

As the saying goes, success has a thousand fathers, while failure is an orphan. And if there ever is an orphan in Washington these days, it is that odd duck known as “sequestration.”

We’ve earlier written that there are bipartisan fingerprints over the looming defense cuts that Mitt Romney has sought to pin on President Obama. Now, in the final presidential debate, Obama sought to toss the hot potato of sequestration — the process that is forcing those defense cuts and reductions in domestic spending — into Congress’s lap.

Fortunately, there is a detailed and contemporaneous look at the debt ceiling deal that led to the current budget crunch: Bob Woodward’s “The Price of Politics.” The book clearly had the full cooperation of top White House and congressional officials. With the help of our colleague, we took a tour through the relevant sections in order to determine the accuracy of the president’s statement.

The Facts

The battle over raising the debt ceiling consumed Washington in the summer of 2011, with Republicans refusing to agree to raise it unless spending was cut by an equivalent amount. Obama pressed but failed to get an agreement on raising revenue as part of the package. Woodward’s book details the efforts to come up with an enforcement mechanism that would make sure the cuts took place — and virtually every mention shows this was a White House gambit.

...

The Pinocchio Test

No one disputes the fact that no one wanted sequestration, or that ultimately a bipartisan vote in Congress led to passage of the Budget Control Act. But the president categorically said that sequestration was “something that Congress has proposed.”

Woodward’s detailed account of meetings during the crisis, clearly based on interviews with key participants and contemporaneous notes, make it clear that sequestration was a proposal advanced and promoted by the White House.

In sum: Gene Sperling brought up the idea of a sequester, while Jack Lew sold Harry Reid on the idea and then decided to use the Gramm-Hollings-Rudman language (which he knew from his days of working for Tip O’Neill) as a template for sequester. The proposal was so unusual for Republicans that staffers had to work through the night to understand it.

Oddly, Lew in Tampa on Thursday, publicly asserted the opposite: “There was an insistence on the part of Republicans in Congress for there to be some automatic trigger…. [It] was very much rooted in the Republican congressional insistence that there be an automatic measure at the end.”

This prompted Woodward to go over his notes and interviews once again, to make sure he had gotten it right.

“After reviewing all the interviews and the extensive material I have on this issue, it looks like President Obama told a whopper,” Woodward said. “Based on what Jack Lew said in Florida today, I have asked the White House to correct the record.”

We had been wavering between Three and Four Pinocchios. But in light’s of Lew’s decision to doubledown on Obama’s claim, we agree it’s a whopper.

Four Pinocchios

Just sayin'

[talaniman]

Romney at Bain Capital: Big Gains, Some Busts - WSJ.com

Among the findings: 22% either filed for bankruptcy reorganization or closed their doors by the end of the eighth year after Bain first invested, sometimes with substantial job losses. An additional 8% ran into so much trouble that all of the money Bain invested was lost.

Government loans failure rate - Bing

Obama DOE Picked More Energy Winners Than Silicon Valley VCs - CleanTechnica

Brookings: "DOE

The third alternative energy loan program, the 1705 loan guarantee program, is the one responsible for the present furor because it guaranteed loan to Solnydra. After reductions to the program, it was appropriated $2.5 billion, the amount the Office of Management and Budget (OMB) predicts the program will eventually cost taxpayers once the all the spending authority is used up (loans are allowed to have a maturity of 30 years). That cost projection assumes 12.85 percent of the loan value given out will end in default. So Solyndra's guarantee, which represented 2.8 percent of the 1705 portfolio, leaves considerable room for further defaults without losses exceeding budget costs, even if the government recovered nothing. But that is highly improbable. The federal government owns the assets of borrowers that default and can manage or sell them. OMB expects the program to recover almost half of its losses in such cases. Solyndra's assets are reportedly worth $859 million, so it's conceivable that taxpayers will not lose any money.

Had to include this,

http://news.yahoo.com/jon-stewart-pi...130654540.html

[speechlesstx]

Dude, the difference is in who's losing my money, me or Obama. It is not the government's role to gamble MY money.

[talaniman]

You mean OUR money since you are hardly the only one invested in the future of the country, and you can always do what your hero Romney did, get a great accountant, and pay hardly any taxes.

HMMM!! Are you sure you aren't part of that 47% who pay no taxes already? Lets see your tax returns mister!!

[excon]

Hello again,

I don't know.. If Romney is winning, why did he send John Sununu out to make racist comments about Colon Powell?

Why did Romney flat out LIE to the workers at a Jeep plant by telling them that ALL their jobs are being shipped off to China.

Why did Trump get caught red handed by Letterman trying to sell ties made in China AFTER he BAD MOUTHED Obama for his policies on China?

Why is Ryan campaigning in states that DON'T matter? I'll tell you why.. It's because he holds the SAME view on rape and abortion as do Richard Mourdock and Todd Aiken, and he MUST be kept away from the press...

Other than that, Romney had a good day.

Bwa, ha ha ha. Obama in a landslide.

excon

PS> (edited) Oh yeah, I almost forgot... REPUBLICAN Col. Lawrence Wilkerson, Colin Powell's chief of staff during his time as secretary of state said, “My party, unfortunately, is the bastion of those people, not all of them, but most of them, who are still basing their decision on race,” Wilkerson said. “Let me just be candid: My party is full of racists. And the real reason a considerable portion of my party wants President Obama out of the White House has nothing to do with the content of his character, nothing to do with his competence as commander-in-chief and president, and everything to do with the color of his skin.

[speechlesstx]

Sununu just said the obvious. That's the same argument your side has been making about why whites are voting for Romney so what's the problem?

Oh, and Letterman also took Obama to task forlying about Romney's automaker column.

[excon]

Hello again, Steve:

Sununu just said the obvious.

Personally, I have more respect for General Powell... Liking Romney, but supporting Obama simply because of his skin color, would repudiate his ENTIRE career.

That you believe Colon Powell WOULD do that, says more about YOU than it does him.

Excon

[excon]

Hello again, Steve:

Yes, I have more to say...

Do YOU have honor? Do you UNDERSTAND honor? If you do, then you'd understand that HONOR wins over skin color.

That you HAVE honor, as I believe you'll tell me you do, but that a BLACK man doesn't, and the reason why is "obvious", tells me you're obviously a racist.

Yeah, I know you don't like it.. But, a spade IS a spade.

excon

[speechlesstx]

Dude, after 5 years of libs of all walks accusing us of hating Obama because he's black because we say "basketball" or "golf" you have NO business preaching to me about HONOR.

[excon]

Hello again, Steve:

I don't wrap YOU into what Republicans say. I wrap YOU into what YOU say.

excon

[excon]

Hello again, Steve:

Instead of attacking me, why don't you ask yourself WHY you think a man with Colon Powell's credentials would throw the country under the bus, a country he risked life and limb to defend, in the name of RACE??

Do you NOT believe the black community is capable of honor? It appears you do not... That's a text book example of racism...

excon

[speechlesstx]

No sir, you're wrapping me in straw. You KNOW there is nothing racist about me, show me some of thaf HONOR and stop pretending otherwise.

[talaniman]

There is a lot more to the sequester story than whose idea it was, and the inability of the super committee to do its job is what led to the sequester, and all the branches of government had to sign off on it.

Obama to supercommittee: Get a debt deal

Congress set up the "sequester mechanism" -- automatic budgets -- as a spur to help the supercommittee find at least $1.2 trillion in cuts to the deficit over the next 10 years. The supercommittee was created as part of the debt ceiling agreement reached by Congress and Obama in August.

The sequester was agreed to by both parties to ensure there was a meaningful enforcement mechanism to force a result from the Committee. Congress must not shirk its responsibilities.

Sequester is a bi partisan agreement for work to get done, and has been used before.

OMB | The White House

Doesn't matter who proposes it, its been part of he process since 1997.

[excon]

Hello again, Steve:

I've known you a long time.. You're my friend. I don't think you're a racist, but I don't know what lies in your heart. There are people who talk about black people and watermelon and AREN'T blowing a dog whistle. And, there are those who are blatant racists... Now the ones who say that crap but AREN'T racist's, are at a minimum, pretty DUMB. In any case, I'm willing to give them the benefit of the doubt.

In your case, all I know is what you say, and what you SAID about Colon Powell is racist.. There's nothing hidden here. There's no dog whistle.. Now, maybe you didn't mean it, but you didn't say that.

It's your turn to tell me WHY it's OBVIOUS that Colon Powell would support Obama.. Tell me WHY he's willing to throw the country, a country that he defended, under the bus in the name of RACE? I want to hear.

excon

[tomder55]

Liking Romney, but supporting Obama simply because of his skin color, would repudiate his ENTIRE career.

No what repudiates his career is the fact that he made the case for WMD to the UN ,and then after the fact pretended that he did not believe what he told the UN . What repudiated his career is knowing that his Assistant Sec State Armitage outed Valerie Plame ;and yet allowed inspector Javert to go on a witch hunt and indict Scooter Libby .

I give Colin Powell props for a wonderful military career ;but as an Sec State he sucked. If that makes me a racist then so be it.

[speechlesstx]

What I said about Sununu was merely pointing out the hypocrisy of the left. If white guys are racist for supporting Romney then blacks are racist for supportimg Obama. I make no comment on Powell other than I'm disappointed.

[excon]

Hello again,

Getting down to the wire. Romney looked like he was overtaking Obama. Then it stopped. Maybe he shouldn't have lied about Jeep. It has the sound of desperation.

excon