Romney 2012?

Quote:

WASHINGTON -- Mitt Romney adviser Ed Gillespie said Sunday that the candidate "retired retroactively" from his job at Bain Capital, which Romney maintains that he left in 1999 despite evidence suggesting he remained involved with the company until 2002.

This is about trusting the person you are voting for. Who ultimately would you trust? Someone that shows you his secrets or someone that keeps them?

I will always trust someone that can keep secrets.

Presumptive Republican presidential nominee Mitt Romney on Monday insisted that he would not release more than the two years of tax returns he had already promised because they could be damaging to his White House ambitions.

Over the weekend, conservative Weekly Standard editor Bill Kristol had said that Romney would be “crazy” not to “[t]ake the hit for a day or two” and follow in his father’s footsteps by releasing more than just one or two years of returns.

During a Monday interview on Fox & Friends, the GOP hopeful laughed off the call to be more transparent by citing two failed presidential candidate

“John McCain ran for president and released two years of tax returns,” Romney explained. “John Kerry ran for president. You know, his wife, who has hundreds of millions of dollars, she never released her tax returns. Somehow this wasn’t an issue.”

“The Obama people keep on wanting more and more and more,” he continued. “More things to pick through, more things for their opposition research to try make a mountain out of and to distort and to be dishonest about. We’re going to put out two years of tax returns.”

While Romney is correct that Teresa Heinz Kerry declined to release any tax returns when her husband, Sen. John Kerry (D-MA), ran for the White House in 2004, a candidate’s wife is not usually held to the same standard as the candidate. Over a course of years of campaigning for the Senate and presidency, Sen. Kerry had actually released 20 years worth of returns by 2004.

Watch this video from Fox News’ Fox & Friends, broadcast July 16, 2012.

Quote:

Presumptive Republican presidential nominee Mitt Romney on Monday insisted that he would not release more than the two years of tax returns he had already promised because they could be damaging to his White House ambitions.

Private equity operates by its own quantum rules. As Romney mouthpiece Ed Gillespie explained on Meet the Press yesterday, Mitt retired from Bain "retroactively":

Quote:

"GREGORY: He was still financially linked to Bain. And of course, a lot his fortune is due to his time with Bain. Even when he was on leave, does he stand by the business decisions that were made by the firm he created?

GILLESPIE: He actually retired retroactively at that point. He ended up not going back to the firm after his time in Salt Lake City. So he was actually retired from Bain."

Romney's private equity career is like Schrödinger's Cat: at any point in the space-time contunuum, Mitt Romney both worked for Bain and didn't work for Bain. He could be working there now. It all depends.

You wouldn't understand.

Presumptive Republican presidential nominee Mitt Romney on Monday insisted that he would not release more than the two years of tax returns he had already promised because they could be damaging to his White House ambitions.

Private equity operates by its own quantum rules. As Romney mouthpiece Ed Gillespie explained on Meet the Press yesterday, Mitt retired from Bain "retroactively":

Quote:
"GREGORY: He was still financially linked to Bain. And of course, a lot his fortune is due to his time with Bain. Even when he was on leave, does he stand by the business decisions that were made by the firm he created?

GILLESPIE: He actually retired retroactively at that point. He ended up not going back to the firm after his time in Salt Lake City. So he was actually retired from Bain."


Romney's private equity career is like Schrödinger's Cat: at any point in the space-time contunuum, Mitt Romney both worked for Bain and didn't work for Bain. He could be working there now. It all depends.

You wouldn't understand.

How desperate is Romneyland to not talk about Bain? So desperate that they trotted out former George H. W. Bush chief of staff John Sununu to attack the president as a pothead foreigner who doesn't have a clue about creating jobs and needs to "learn how to be an American."

According to Sununu, Obama "spent his early years in Hawaii smoking something" before moving to Indonesia before finally "he came to the U.S." to be "a community organizer, which is a socialized structure." And to make it even worse: he did it in a Chicago, home of the thugs.

SUNUNU: This guy doesn’t understand how to create jobs. So there is no surprise — there should be because of that statement no surprise on why he failed so miserably over the last four years, in terms of job creation. He has no idea how the American system functions, and we shouldn’t be surprised about that, because he spent his early years in Hawaii smoking something, spent the next set of years in Indonesia, another set of years in Indonesia, and, frankly, when he came to the U.S. he worked as a community organizer, which is a socialized structure, and then got into politics in Chicago

Title: All Employees: Total Private Industries
Series ID: USPRIV
Source: U.S. Department of Labor: Bureau of Labor Statistics
Release: Employment Situation
Seasonal Adjustment: Seasonally Adjusted
Frequency: Monthly
Units: Thousands of Persons
Date Range: 1939-01-01 to 2012-06-01
Last Updated: 2012-07-06 8:16 AM CDT

2000-12-01 111677
2001-01-01 111631
2001-02-01 111623
2001-03-01 111556
2001-04-01 111227
2001-05-01 111146
2001-06-01 110910
2001-07-01 110737
2001-08-01 110549
2001-09-01 110282
2001-10-01 109918
2001-11-01 109572
2001-12-01 109365
2002-01-01 109214
2002-02-01 109055
2002-03-01 108990
2002-04-01 108894
2002-05-01 108814
2002-06-01 108826
2002-07-01 108731
2002-08-01 108675
2002-09-01 108663
2002-10-01 108771
2002-11-01 108757
2002-12-01 108587
2003-01-01 108644
2003-02-01 108487
2003-03-01 108288
2003-04-01 108254
2003-05-01 108273
2003-06-01 108234
2003-07-01 108232
2003-08-01 108264
2003-09-01 108425
2003-10-01 108568
2003-11-01 108605
2003-12-01 108713
2004-01-01 108883
2004-02-01 108915
2004-03-01 109214
2004-04-01 109437
2004-05-01 109747
2004-06-01 109841
2004-07-01 109882
2004-08-01 109984
2004-09-01 110136
2004-10-01 110463
2004-11-01 110490
2004-12-01 110623
2005-01-01 110718
2005-02-01 110949
2005-03-01 111094
2005-04-01 111440
2005-05-01 111583
2005-06-01 111844
2005-07-01 112124
2005-08-01 112311
2005-09-01 112395
2005-10-01 112491
2005-11-01 112795
2005-12-01 112935
2006-01-01 113250
2006-02-01 113535
2006-03-01 113793
2006-04-01 113958
2006-05-01 113965
2006-06-01 114045
2006-07-01 114203
2006-08-01 114348
2006-09-01 114434
2006-10-01 114439
2006-11-01 114628
2006-12-01 114794
2007-01-01 115023
2007-02-01 115080
2007-03-01 115252
2007-04-01 115298
2007-05-01 115419
2007-06-01 115480
2007-07-01 115476
2007-08-01 115403
2007-09-01 115423
2007-10-01 115484
2007-11-01 115559
2007-12-01 115606
2008-01-01 115647
2008-02-01 115511
2008-03-01 115399
2008-04-01 115184
2008-05-01 114968
2008-06-01 114737
2008-07-01 114478
2008-08-01 114184
2008-09-01 113759
2008-10-01 113279
2008-11-01 112482
2008-12-01 111824
2009-01-01 110985
2009-02-01 110260
2009-03-01 109473
2009-04-01 108671
2009-05-01 108359
2009-06-01 107933
2009-07-01 107637
2009-08-01 107418
2009-09-01 107234
2009-10-01 107002
2009-11-01 106960
2009-12-01 106840
2010-01-01 106800
2010-02-01 106773
2010-03-01 106914
2010-04-01 107107
2010-05-01 107191
2010-06-01 107283
2010-07-01 107375
2010-08-01 107503
2010-09-01 107618
2010-10-01 107814
2010-11-01 107948
2010-12-01 108088
2011-01-01 108207
2011-02-01 108464
2011-03-01 108725
2011-04-01 108989
2011-05-01 109097
2011-06-01 109199
2011-07-01 109374
2011-08-01 109426
2011-09-01 109642
2011-10-01 109781
2011-11-01 109959
2011-12-01 110193
2012-01-01 110470
2012-02-01 110724
2012-03-01 110871
2012-04-01 110956
2012-05-01 111061
2012-06-01 111145

The MidnightWriterToday 02:42 PMin reply to bintexas

Under other circumstances I'd agree that it's pure coincidence.

Under these I prefer to think of it as retroactive karma.

Right now, the U.S. tax code gives multinational corporations tax breaks for moving jobs overseas. President Obama not only wants to eliminate those tax breaks, but plans to create a new tax credit for companies that bring jobs back home.

In contrast, Mitt Romney’s tax plan would not only protect those existing tax breaks, but would create larger incentives for companies to ship U.S. jobs overseas. In fact, according to a new economic analysis, Romney’s economic plan could actually create 800,000 jobs in foreign countries.

Here’s how:
1.
Romney would eliminate all taxes on the foreign profits of U.S. companies. Currently, U.S. corporations don’t have to pay U.S. taxes on profits earned overseas until those profits are brought back into the United States. If elected, Romney would completely eliminate all U.S. taxes on these profits. Therefore, for the first time in modern history, an American company could move a factory overseas and never pay a single dollar in U.S. taxes on the profits generated by that factory.

2.
Eliminating taxes on foreign profits could create 800,000 jobs overseas. No longer required to pay taxes on foreign profits, companies would now have new incentives to move their operations out of the United States. Economist Kim Clausing, an expert in international taxation, estimated that Romney’s plan to eliminate these taxes could lead to the creation of 800,000 jobs overseas. These jobs, created in China and other countries, could replace American jobs, drive down the wages of American middle-class workers, and undermine our economic recovery.

3.
Romney’s plan would also undercut the U.S. tax base. Free to avoid paying taxes back home on profits earned abroad, multinational corporations could exploit accounting rules to make it appear that a large share of their profits are earned overseas. This gimmick would further undermine the U.S. tax base, which could increase the deficit and force small businesses and middle-class families to bear a higher share of the tax burden.


President Obama’s plan reduces the incentive to move operations overseas, and instead, creates a new 20 percent income tax credit that helps companies cover their moving expenses and bring their operations back to the United States. And to create a more level playing field for American businesses, the President has proposed a minimum tax on foreign earnings, which will reduce incentives for moving profits offshore.

The choice between President Obama and Mitt Romney is the choice between two fundamentally different economic visions: President Obama would reward companies for creating jobs in America, and Romney would reward companies for creating jobs in other countries. The choice is that stark and that clear