Debate #2

[Jim in CT]

Originally Posted by buckman

The cow knew the truth when she helped Obama with Libya
I shut it off after that
She didn't just eff up she chose to perpetuate the lie.
Posted from my iPhone/Mobile device

I cannot recall the last time I saw a debate moderator take it upon herself to come to the rescue of one candidate. It was ridiculous.

[buckman]

Originally Posted by Jim in CT

I cannot recall the last time I saw a debate moderator take it upon herself to come to the rescue of one candidate. It was ridiculous.

And after she shuts off Romney twice and Obama says "show him the transcript " she waves it in the air !!!
A sure wtf moment......
Posted from my iPhone/Mobile device

[Fly Rod]

Obama was quick to shut down Romney when it came about Obama's investments.....he acts like he is not a millionaire

[Jim in CT]

Originally Posted by Fly Rod

Obama was quick to shut down Romney when it came about Obama's investments.....he acts like he is not a millionaire

He's a millionaire several times over. But much like the Hollywood crowd, it's OK to be in the top 1% if you are liberal. Or an actor. But if you struck it rich on Wall Street, or as a small business owner, well then you must have left a path of devastation in your wake during your selfish rise to the top.

[Jim in CT]

Originally Posted by buckman

And after she shuts off Romney twice and Obama says "show him the transcript " she waves it in the air !!!
A sure wtf moment......
Posted from my iPhone/Mobile device

I saw that. I can't help but wonder why, as a moderator, she had that transcript handy. I can only think of 1 reason, and that is that she wanted to use it to help her preferred candidate.

I also love when Obama says he "created 5 million jobs", which conveniently ignores the 5 million jobs he lost during his first 18 months. Unemployment was 7.8% in January 2009, and it is 7.8% today. In total (and that's the only fair way to measure it), he has had zero net job gains. Zip. Zilch. Nada. Bupkus.

I mean, if I lose $5 million at the casino on Monday, and win $5 million at the casino on Tuesday, would Obama claim that I'm $5 million richer? Because that's what he is saing about his "job creation".

It's such a blatant lie, and no one calls him in it.

[spence]

Originally Posted by Jim in CT

I also love when Obama says he "created 5 million jobs", which conveniently ignores the 5 million jobs he lost during his first 18 months. Unemployment was 7.8% in January 2009, and it is 7.8% today. In total (and that's the only fair way to measure it), he has had zero net job gains. Zip. Zilch. Nada. Bupkus.

It's a critical metric when you take over at the very tip of a massive purging of jobs. Without the job creation the unemployment rate would be in the teens...

Nobody can turn the economy around overnight and considering the depth of the recession even in a few years...can't be done in a global economy.

Today, unemployment is backing down, personal savings is up, the housing market is starting to recover and corporate profits are looking pretty good. I've read that the improving housing market could drive better than expected performance overall in 2013.

Romney is promising his policy will create 12 million new jobs, except they're already projecting 12 million new jobs under the current trajectory set by Obama's policies.

I hate to break it to you, but it's working.

-spence

[Saltheart]

The moderation was absolutely horrible. Horrible!

Obama did show up this time but the whole subject matter just seemed like a rehash of the last time. Except for the very brief spat over Lybia (where the moderator showed she was firmly there to support Obama) you could have just watched a rerun of the last debate.

I hate how when one of the questioners asks a specific question both guys just dance around it instead of giving an answere.

Anyway , no real blood spilled IMO but what a lack of Presidencial Dignity on the part of both candidates. Its too bad there are no statesmen left for us to vote for. Its in the gutter politics now and it makes us look like fools all around the world.

[Saltheart]

One thing I forgot. I really hate this percent business. Obama keeps saying Romney only paid 14% while lower income people paid more in taxes. Well this percent bull is a classic sales tool. Fact is , romney paid more dollars (forget percent) that Obama's total income. You don't pay taxes with percent certificates. You have to write a check in dollars.

So ask the question....who paid the most dollars in taxes last year and Romney certainly paid more thanb Obama and likely more than anyone else in that whole room last night.

The Dems never mention percent when talking 44% for small business top brackets. Add to that 11% state taxes in RI and about 10% Social security taxes and they want a small business guy to fork over 65% of the last marginal income he makes. Where's the percent talk when they are porking people? Why only to jab at a guy who paid more tax dollars than 99% of individuals in the USA?

[wader-dad]

Originally Posted by Saltheart

One thing I forgot. I really hate this percent business. Obama keeps saying Romney only paid 14% while lower income people paid more in taxes. Well this percent bull is a classic sales tool. Fact is , Romney paid more dollars (forget percent) that Obama's total income. You don't pay taxes with percent certificates. You have to write a check in dollars.

I am sorry to disagree. If I get a dollar in interest on my lousy money market account that is paying next to nothing and pay federal tax of 30 cents, I am not happy if the CEO of WC Bradley is paying 15 cents on each dollar of dividends he gets from the 5,000,000 shares he got when he exercised his stock options that he paid for with the sales proceeds of a portion of the option shares. So percents matter to me.

If I have a house in Westerly that is taxed at 11 cents per thousand of assessed value, I will be very unhappy if they decide that the CEO with a mansion in Watch Hill is taxed at 3 cents per thousand- even if that guy pays a lot more in real estate taxes on his $8,000,000 cottage than me.

I am also not happy that last year Exxon paid 2% of its 73 billion in profits to the USA. 2% is 1.46 billion which is a lot- but 2% is not a good percentage. Exxon paid more than 10 times that in taxes to foreign countries. How is that possible?

The whole tax system absolutely sucks. We need a flat tax on everyone.

I agree with you guys on lots of items but as you can see, I am not a fan of fortune 500 companies. I think that they sit on hordes of billions in cash, realize that hiring humans will not help them meet their earnings targets, but laying off 1,000's of workers, merging, outsourcing to Pah-Ke-Stan and installing robots will help meet earnings targets, The CEO's get stock options and tax breaks you and I don't see. If the stock price falls below the option exercise price, they reissue the options at a lower price. The stock price is their God and they treat hard working people like crap.

But like women, I suppose you can't live with them but you can't live without them.

[spence]

Originally Posted by wader-dad

I agree with you guys on lots of items but as you can see, I am not a fan of fortune 500 companies. I think that they sit on hordes of billions in cash, realize that hiring humans will not help them meet their earnings targets, but laying off 1,000's of workers, merging, outsourcing to Pah-Ke-Stan and installing robots will help meet earnings targets, The CEO's get stock options and tax breaks you and I don't see. If the stock price falls below the option exercise price, they reissue the options at a lower price. The stock price is their God and they treat hard working people like crap.

That's why the elite get to play by a different set of rules.

Not all corporations are evil and some corporate officers I believe are good stewards of their employees, but ultimately, shareholder value is the reason they exist.

You make some good points above. I'd simplify it by saying that the true value of a dollar is a lot less for the elite than the average working joe.

-spence

[RIJIMMY]

Originally Posted by wader-dad

I am sorry to disagree. If I get a dollar in interest on my lousy money market account that is paying next to nothing and pay federal tax of 30 cents, I am not happy if the CEO of WC Bradley is paying 15 cents on each dollar of dividends he gets from the 5,000,000 shares he got when he exercised his stock options that he paid for with the sales proceeds of a portion of the option shares. So percents matter to me.

.

The CEO has to pay income tax on the stock options when exercised as INCOME. He then pays 15% on the capital gains - price change from when he he exercsied until when he sells.

[Raven]

i've been looking for someone thats presidential


and i'm still looking

[Jackbass]

I would absolutely agree with a flat tax. No BS how much did you earn x a percentage period eliminate all the back door hoopla.
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[The Dad Fisherman]

My father, to this day, won't tell anybody who he is voting for....not even my mother.

Smart Man...

[RIJIMMY]

congrats Larry, I am glad you are voting.