Mitt Romney and his ‘not very much’ problem

As an aside in acknowledging that he pays roughly 15 percent of his income in taxes, a lower share than many middle-class Americans, Mitt Romney also mentioned that he “gets speaker fees from time to time, but not very much.”

Campaign disclosure forms express that “not very much” in stark numerical terms: $374,000 in speaking fees from February 2010 to February 2011, when Romney ceased accepting paying gigs in order to run for president full time.

From Romney’s point of view, his description of that income is correct and understandable. If you have an estimated net worth of $270 million, $374,000 truly is “not very much,” a mere 0.14 percent of your wealth. On the other hand, from the point of view of most Americans, that same sum is really quite a lot. In fact, Romney’s income from speeches alone would put him in the fabled top 1 percent in terms of household income.

The issue is relevant not because it feeds some sort of voter envy over Romney’s wealth. It’s relevant in terms of perspective. Romney’s dismissal of $374,000 as “not very much,” when in fact it’s more than 99 percent of American households make each year, tells you a lot about how the world looks through his eyeballs. As the son of one of Detroit’s most powerful auto executives, and as a highly successful venture capitalist himself, he has experienced the world from a very different vantage point than most of his fellow Americans.

Does that matter? Well, the GOP critique of Barack Obama has focused on a claim that, raised partially overseas, he was not exposed to the full “American experience” and is thus less than fully American. He doesn’t understand us; he’s not one of us. That’s the crux of the whole “birther” phenomenon, as well as claims from the likes of Newt Gingrich that Obama is an “anti-colonialist” who somehow absorbed the political viewpoint of the foreign-born father that he almost never saw. It has even led black Americans as diverse in viewpoint as Cornel West and Herman Cain to question Obama’s authenticity as an American black man.

In a sense, Romney also grew up and continues to reside in a foreign land, a place with very different rules, customs and culture than most Americans experienced. It formed his world view in a way that he can never fully escape, in part because there is little evidence that he had tried. And on the campaign trail, that managerial instinct to focus on the numbers rather than the human impact reveals itself repeatedly.

It comes across, for example, when Romney tried to claim recently that he too has lived in fear of getting the pink slip, although his campaign later ducked questions about when that fabled time might have occurred. It was akin to John Kerry asking “who among us does not like NASCAR”? And when asked in Nevada — ground zero of the foreclosure boom — what should be done to address the housing crisis that continues to put hundreds of thousands of American families out of their homes, Romney’s blunt answer was “don’t try to stop the foreclosure process, let it run its course and bottom out.”

That is the viewpoint of a CEO or outside consultant who is trained to see workers as units of production, and desperate homeowners clinging to their property as an obstacle to efficient markets. Don’t get me wrong: There is a place, even a need, for such bottom-line attitudes in a capitalist system.

The question that voters have to answer in 2012 is whether that place is the White House.

– Jay Bookman

564 comments Add your comment

md

January 18th, 2012
12:24 pm

“IF the risk is always there when borrowing and lending, then the claim that actual foreclosures are paid for by “others” fails to account that the lender had already built in a risk factor in the rate and its practices. ”

And we both know actuarial science doesn’t work that way……..it’s based on historical averages……not a gluttony of speculators running up a housing bubble. Yes, good folks got caught in the middle…….but that doesn’t change the fact that they borrowed what they could not afford…..risk is a bitch when it actually does come into play.

stands for decibels

January 18th, 2012
12:24 pm

you do know that the folks out there that pay cash for everything (yes, they do actually exist)

Pretty stupid to carry that kind of cash around, I always thought.

RB from Gwinnett

January 18th, 2012
12:25 pm

Adam – “If Romney paid $100,000 in taxes in a year, then so should the person who only makes $50,000. That is STUPID”

Then don’t post that with your name on it silly. If you check, you’re only one here who has, so…. just sayin’

John Galt

January 18th, 2012
12:25 pm

JAY- Jefferson did say “The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”

That is well-cited so you ignored that one.

Who will pay the leeches of society when they push our government into insolvency? Did your mother never read you “The Goose Who Laid the Golden Eggs”? It is at your comprehension level, and extremely relevant, too.

The non-producers do more harm to those who have true need than they do to those who are taxed.

stands for decibels

January 18th, 2012
12:27 pm

Pretty sure you’re trying to be funny, but I’ll go ahead and raise my hand and say I don’t.

I was just ribbing Jay for mis-quoting John Kerry, earlier.

What Kerry actually said was “This president went to Florida just the other day to start the NASCAR races. There isn’t one of us here who doesn’t like NASCAR and who isn’t a fan, but I’ll tell you what—instead of just saying, “Gentlemen, start your engines” and during the race listening and looking at a race while 350 manufacturing jobs were lost and $171 million was—”

…and that’s where the reporter’s audio cuts off, apparently. Maureen Dowd thought it would be cute to pretend that Kerry said something else, and a meme was born.

Kamchak

January 18th, 2012
12:28 pm

What is wrong with making money and not paying anymore taxes than you legally have to?

There is nothing “wrong” with that.

The problem is, Romney wants to win a popularity contest from people who aren’t as advantaged as he is.

There is also nothing “wrong” with those people not liking Romney.

(ir)Rational

January 18th, 2012
12:28 pm

John – Ehhhh…wrong. According to the historians at Monticello, he didn’t say that. He translated something similar to that, but as best as I could tell it was a) just a translation and b) only similar if you took it from what was written and translated it further (simplified it too) into today’s language. Thanks for playing though.

Brosephus

January 18th, 2012
12:29 pm

sfd

Lemme see if I get this: more people working = more income = more revenue, some of which could be used for a long-term, orderly application towards the debt.

You sure ’bout that?

:shock: :shock: :shock: :shock: :shock: :shock: :shock:

Seems like somebody woke up a few brain cells this morning. :)

(ir)Rational

January 18th, 2012
12:30 pm

sfd – I didn’t know he misquoted Kerry. But my sentiment still stands, I dislike NASCAR. I find it extremely boring. Now, driving around the track in one of those cars is a COMPLETELY different story. I’m all over that. But watching it, eh, boring.

stands for decibels

January 18th, 2012
12:30 pm

JAY- Jefferson did say “The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”

doubtful. I have several sources calling BS…

http://www.fair.org/index.php?page=4053

http://www.truthorfiction.com/rumors/j/jefferson-quotes.htm

Butch Cassidy

January 18th, 2012
12:30 pm

md – “If they could afford them, they’d have the money to pay the bill………pretty simple concept.”

That’s a pretty arrogant assumption. By your reckoning, EVERYONE who lost their home bit off more than they could chew?

stands for decibels

January 18th, 2012
12:32 pm

I dislike NASCAR. I find it extremely boring.

I’m kind of agnostic… I guess it might be mildly interesting if you’re there witnessing it in person or, as you say, driving it yourself. Can’t see the appeal watching it on TV though.

CJ

January 18th, 2012
12:32 pm

John Galt The non-producers do more harm to those who have true need than they do to those who are taxed.

The non-producers are those who inherit most of their wealth and/or make most of their money from gambling in commodities and the stock market. Such income doesn’t come from producing a damn thing, yet they have the lowest tax burden of us all.

This “producer” crap is a scam that the elite, falsely labeled as producers, have successfully pulled of on the American people, and unfortunately, the Ayn Rand acolyte has fallen for it hook, line, and sinker.

(Ayn Rand is the author of “The Virtue of Selfishness”)

ty webb

January 18th, 2012
12:33 pm

“(I noticed you have the word “benefits” in scare quotes. That’s the trouble with you welfare queens. You take, but you don’t even know or appreciate what you’re getting in return for your taxes. In short, you wallow in your ignorance…with pride.)”

that was an “extremely well thought out and a very dignified, intellectual” retort..I am much “smarter” having read it…”thanks a lot”

Joe Hussein Mama

January 18th, 2012
12:33 pm

Adam — “No, there is no “people SHOULD HAVE done this or that.” That is an excuse in itself, an excuse to judge anyone based on information that was completely unavailable to the person or group you are judging.”

I’ve made that same argument to him/her before, but he/she is utterly unmoved by it.

Jm

January 18th, 2012
12:35 pm

Jays column is like a pipeline to David plouffe’s larnyx

Wonder what America would be like had Gore won in 2000

Brosephus

January 18th, 2012
12:35 pm

“Who among us does not love NASCAR?”

–Thomas Jefferson

:lol: :lol: :lol: :lol:

“Jus’ hang loose, blood. She gonna catch ya up on da’ rebound on da’ med side.” – Thomas Jefferson

RB from Gwinnett

January 18th, 2012
12:35 pm

Adam – “The dollar amount doesn’t matter, the percentage DOES.”

Oh really? And all this time I thought goods and services were paid for with DOLLARS. Silly me…. I’ll be sure to propose at the next school board meeting we change the starting salary for teachers to 23% and see how many applicants we get.

What would happen if the 1% got tired of you tools, took their money out of the market, put it in a savings account, and hit the links every day? Why shouldn’t they do that?

(ir)Rational

January 18th, 2012
12:36 pm

sfd – I guess that’s a better way to describe it. I haven’t been to a race, but I won a chance to drive around AMS a few times, and then ride along with a pro. I might see going to a race, but I can’t watch them on TV. Growing up, we only had a few channels (literally 4, 5 on a good day), and it always seemed like Sunday afternoons, there wasn’t anything on besides NASCAR. I spent a lot of time outside on Sundays.

AmVet - “A lot of so-called conservatives don’t know what the word means." ~Barry Goldwater

January 18th, 2012
12:36 pm

Randian philosophy is silly, narcissistic and generally irrelevant in discussions of modern day capitalism.

And so misguided that it is derided.

Rap on brother, rap on…

http://www.youtube.com/watch?v=miZWYmxr8XE

Not Scott the d***

January 18th, 2012
12:36 pm

John Galt

January 18th, 2012
12:25 pm

You lie.

Mick

January 18th, 2012
12:36 pm

rb

No wonder you aren’t taken very seriously, you still don’t get it. Write the gov’t a check is an idiotic reply, anyone with a minimum of grade school math could tell you that if I send in a check for a thousand dollars more, it won’t do a damn thing, but if 80 million people send in $1000, now you’re talking…

Joe Hussein Mama

January 18th, 2012
12:37 pm

SfD — “I’m kind of agnostic… I guess it might be mildly interesting if you’re there witnessing it in person or, as you say, driving it yourself. Can’t see the appeal watching it on TV though.”

I attended a race once, as a tween, and my stepdad loved to watch races on TV. Never found any interest in it, myself. I had my face buried in a book, and he had his glued to tha teevee screen.

(ir)Rational

January 18th, 2012
12:37 pm

Bro – Now you’re just making stuff up.

Mick

January 18th, 2012
12:38 pm

**Wonder what America would be like had Gore won in 2000?**

Solvent and no iraq war…

USinUK

January 18th, 2012
12:38 pm

“Don’t you know progressives want to take everything rich people have? ”

No, thanks, Paul – you can keep anything even remotely to do with the Kardashians

Jm

January 18th, 2012
12:39 pm

“in the white house”

Heck yes in the white house

Btw. Obama is a 1%er too

(ir)Rational

January 18th, 2012
12:39 pm

Man, look at me, two days in a row I’ve managed to take a single statement from someone else and completely turn the tide of the conversation from the topic to something inane. I’ve got skills man. ;)

Joe Hussein Mama

January 18th, 2012
12:41 pm

RB — “What would happen if the 1% got tired of you tools, took their money out of the market, put it in a savings account, and hit the links every day? Why shouldn’t they do that?”

Don’t know. Why don’t you go suggest it to them? Maybe they’ll take you up on it and then you can come back here and gloat or something.

Jm

January 18th, 2012
12:41 pm

Mick 12:38 probably true

Shawny

January 18th, 2012
12:41 pm

Read this article:

http://www.foxnews.com/politics/2012/01/18/industry-source-state-department-will-reject-keystone-pipeline-reroute/

It says all you need to know about who needs to be in the white house next January.

Guy Incognito

January 18th, 2012
12:41 pm

Bro

My momma didn’t raise no chump! I dug her rap!

………and please don’t call me surely

John Galt's Father

January 18th, 2012
12:42 pm

“I love taxes.” Ronald Reagan

“Star Wars was derivitive tripe.” Abraham Lincoln

“So what, she was pretty.” Mitt Romney

“But, she’s my sister!” Anne Romney

Brosephus

January 18th, 2012
12:42 pm

Now you’re just making stuff up.

:) I thought that was the name of the game… Attribute a non Jefferson quote to him and try to make people believe he said it. :)

Besides, any movie junky worth their salt would know exactly where and who that quote originates from. That is only THE funniest movie scene ever recorded.

Brosephus

January 18th, 2012
12:42 pm

Tit for Tat

January 18th, 2012
12:43 pm

President Obama’s first chief of staff Rahm Emanuel once sat on the board of troubled federal mortgage giant Freddie Mac. Bill Daley, the president’s chief of staff whose departure was announced today, was previously a top executive at financial firm J.P. Morgan Chase & Co. So of course there should be little surprise that Obama’s latest chief of staff, announced by the president himself, also has deep ties to the financial industry himself.

From 2006-2008, Jack Lew was chief operating officer of Citibank’s alternative investments division. And it was his division that made billions of dollars betting “U.S. homeowners would not be able to make their mortgage payments,” as the Huffington Post reported.

The piece also reported: “Lew made millions at Citi, including a bonus of nearly $950,000 in 2009 just a few months after the bank received billions of dollars in a taxpayer rescue, according to disclosure forms filed with the federal government. The bank is still partly owned by taxpayers.”

John Galt

January 18th, 2012
12:43 pm

I have sources saying Jefferson DID say that.

But even if he didn’t, it is obviously true.

Stands for de3cibels- you could use the story of the man who killed the goose who laid the golden egg, too.

You continue to blog- some of use need to go participate in capitalism- if we don’t, who will feed the moochers?

Guy Incognito

January 18th, 2012
12:46 pm

Another classic that applies to today

“The Poor are revolting!

You’re telling me. I can smell them from here”!

Jay's Gerbil

January 18th, 2012
12:46 pm

Yawn, more class envy from the dumbocrats. Who gives a flying intercourse about his silver spoon? As long as he is able to work with both sides in Washington and get things done (unlike our current hero of the average joe) that the people need I could care less. He!!, Obama’s got a net worth of 7.3 mill. Not bad for a guy that never held a private sector job! http://www.opensecrets.org/news/2011/12/president-barack-obama-wealth.html

Granny Godzilla

January 18th, 2012
12:46 pm

John Galt

Please share with us your numbers.

How many Americans are “non-producers” (also define that for us will you?)

How many Americans have “true need” (also define true need for us)

I happen to think Romney is a non-producer. He does not have a job and creates nothing. He has more money that I, but I produce loads more.

Thomas

January 18th, 2012
12:47 pm

Bill Clinton, born William Jefferson Blythe 111 was the 42nd President of the United States from 1993 to 2001, with a net worth estimated at $80 million

Barack Obama is the former Senator from Illinois and the 44th President of the United States with an estimated net worth of $10.5 million

Obama will surpass Clinton as to net worth within 3 years of leaving the WH. Not too shabby!

Really quite humorous-

Kamchak

January 18th, 2012
12:47 pm

President Obama’s first chief of staff Rahm Emanuel once sat on the board of troubled federal mortgage giant Freddie Mac.

When you copy and paste an article from The Weakly Standard and don’t acknowledge it, that is plagiarism, which is generally frowned upon in polite society.

Just sayin’.

Butch Cassidy

January 18th, 2012
12:49 pm

RB from Gwinnett – ““What would happen if the 1% got tired of you tools, took their money out of the market, put it in a savings account, and hit the links every day?”

Yes, I can see it now. Welcome to Suntrust can I help you? I want to deposit 1.5 billion dollars into a savings account. Do I get free checking with that? Hurry up please, I have to hit the links.

Granny Godzilla

January 18th, 2012
12:49 pm

oh and good news….

looks like a big fat NO on the Keystone Pipeline.

Marvelous news.

Joe Hussein Mama

January 18th, 2012
12:50 pm

J. Galt — “I have sources saying Jefferson DID say that. But even if he didn’t, it is obviously true.”

This is one of the most unintentionally pathetic and hilarious things I have ever seen posted on this blog. :D

Mick

January 18th, 2012
12:50 pm

thomas

Both of them have asked that their tax rates be increased and why not? Seems to me that they might have a few extra bucks to spare…

(ir)Rational

January 18th, 2012
12:50 pm

Bro – Yeah, I’m a little fuzzy on movies that were made before I was born. However, with Guy’s help, I did figure it out. That was the name of the game though.

John Galt – If his own historians say he didn’t, I’ll go with them. Give it up.

Midori

January 18th, 2012
12:51 pm

cosby

If you’d perused the thread before posting, you’d find Romney wants to lower taxes for people in his situation while Pres Obama wants to raise them.

now Paul.

how dare you point out the overall stupidity that is his post.

how dare you!!

Kamchak

January 18th, 2012
12:51 pm

What would happen if the 1% got tired of you tools, took their money out of the market, put it in a savings account, and hit the links every day?

The “I’m gonna go Galt” threat.

I wish you would, but alas, you never do.

He's Not One Of Us

January 18th, 2012
12:52 pm

@Grasshopper

January 18th, 2012
10:30 am

It formed his world view in a way that he can never fully escape, in part because there is little evidence that he had tried.”

What does that mean? What is there to escape from?

Jay, do you ever tire of phoning in the ‘He’s rich and not like us’ crap?
____________________________________________________________________

Oh Grasshopper, He is RICH and NOT like us.

Mitt would not accept nor allow someone like you in his inner circle.

He is an elitist.

Let the TRUTH set you free.

MiltonMan

January 18th, 2012
12:52 pm

Libs and their complete lack of comprehension with anything related to math. 15% – so what. Let’s see the dollar amount that Mitt paid in federal income tax. I bet that amount would correlate to 50-100 techers being hired by schools.

Has Mitt broken any laws? Libs complain all the time about rich not paying their fair share but they also do not want to hear anything related to a “fair tax” system.

Interesting indeed.

Brosephus

January 18th, 2012
12:53 pm

(ir)Rational

Airplane came out before you were born??? I might have to start calling you “young grasshopper” and I haven’t hit 40 yet myself. :)

Joe Hussein Mama

January 18th, 2012
12:53 pm

J. Gerbil — “He!!, Obama’s got a net worth of 7.3 mill. Not bad for a guy that never held a private sector job!”

Compare with the net worth of John McCain, who’s also never held a private sector job. (laughing) :D

(ir)Rational

January 18th, 2012
12:53 pm

I’m going out for lunch. Y’all have a good day/afternoon/not sure when I’ll be back so I’m trying to cover all my bases.

Tit for Tat II

January 18th, 2012
12:53 pm

The executive who was appointed to lead the mortgage giant Fannie Mae in 2009 after the federal government seized it plans to step down as its chief executive. The executive, Michael J. Williams, announced that he would step down after a successor was found. Mr. Williams, Mr. Haldeman and other Fannie and Freddie executives faced intense questioning on Capitol Hill in November over millions of dollars in bonuses and compensation they received since 2009. Twelve executives at the companies received $35.4 million in total salary and bonuses in 2009 and 2010. Mr. Williams earned about $9.3 million for the two years.

USinUK

January 18th, 2012
12:53 pm

“The “I’m gonna go Galt” threat.”

right up there with “I’m gonna hold my breath until I turn blue” … and about as deadly …

AngryRedMarsWoman

January 18th, 2012
12:53 pm

“By your reckoning, EVERYONE who lost their home bit off more than they could chew?”

Well, ultimately that is the way it played out if they couldn’t make the mortgage payment and the bank foreclosed. Not saying they went into it with the intention of not paying. Not saying that they didn’t have something bad happen (eg loss of job, illness, divorce, etc) that left them unable to pay it. Just that when you consider borrowing money you go through a lot of “what ifs” and assign a probability factor to each of them – you decide if the chance of reward is greater than the risk and act accordingly. I have no stats or links, but I am guessing that the vast majority of people pay their mortgages at least somewhat timely…..although I would further guess that few actually ever wind up owning a home outright because they refi or move too many times in their lives, but maybe that last retirement condo down in Florida gets bought with cash. I feel bad for some of the folks who lose their homes – but in the end it means that they did bite off more than they could chew because one of those risk factors to which they assigned a low probability turned out to be 100%. I paid off my house note about 6 years after moving in and have never again borrowed against it – I hate risk, which is one reason why I will never be “I don’t have to work anymore” wealthy.

JOE Cool

January 18th, 2012
12:54 pm

“King Kong Ain’t Got $h!t On Me”-Ronald Reagan

Joe Hussein Mama

January 18th, 2012
12:54 pm

K’chak — “The “I’m gonna go Galt” threat. I wish you would, but alas, you never do.”

Word. I mean, just effing WORD.

(ir)Rational

January 18th, 2012
12:54 pm

Bro – Yeah, Airplane came out before my parents got married. You were saying? :)

USinUK

January 18th, 2012
12:54 pm

“Has Mitt broken any laws? ”

no one knows – he hasn’t released his returns …

it remains to be seen …

Matti

January 18th, 2012
12:54 pm

“No, thanks, Paul – you can keep anything even remotely to do with the Kardashians.”

AMEN! If that’s what being rich does to people, then we really do need to start EATING them! Get a big vat of BBQ sauce, because… yuck!

mm

January 18th, 2012
12:54 pm

“Who will pay the leeches of society when they push our government into insolvency?”

The rightwing mantra.

“Man, look at me, two days in a row I’ve managed to take a single statement from someone else and completely turn the tide of the conversation from the topic to something inane.”

The rightwing debate tactic.

Kamchak

January 18th, 2012
12:55 pm

…but they also do not want to hear anything related to a “fair tax” system.

Shrug

A bill that has yet to even get out of committee and doesn’t stand a chance of getting passed as it is written, is anything but “fair.”

Midori

January 18th, 2012
12:55 pm

Thomas/Gerbel,

are you guys having a contest to see who can post the most useless comment(s)?

Brosephus

January 18th, 2012
12:56 pm

What would happen if the 1% got tired of you tools, took their money out of the market, put it in a savings account, and hit the links every day?

Oooohh, I wanna take a guess?? If they did that, then they might actually become true job creators as they would need golf gear, country club membership, and all other things related to those transactions. By actually getting off their asses (overdramatization, for the sarcastically challenged) and stimulating demand, they would actually do more to fuel the economy by doing that as opposed to keeping money in the market.

:)

Adam

January 18th, 2012
12:56 pm

md: you do know that the folks out there that pay cash for everything (yes, they do actually exist) are just shaking their heads at your excuses…

And some rich people shake their heads at anyone who isn’t already rich. Some poor people shake their heads at just how much people in the middle and upper classes consume. All judgment based arguments, again away from the actual POINT.

Libertarian: No, I meant what I said. What will change things is voting in a Congress that “gets” the common person. Anyone who does not fit that bill being voted in is not voting for the kind of change I am proposing. Does that mean I am going to only vote for people who fit that bill, and otherwise stay home? No.

Joe Hussein Mama

January 18th, 2012
12:56 pm

M. Man — “do not want to hear anything related to a “fair tax” system.”

I don’t want to hear anything related to the so-called “Fair Tax” that’s often bruited about by so-called libertarians and some Tea Party adherents, no. There’s nothing fair about it, and it’s advantages are horribly, horribly overstated.

Brosephus

January 18th, 2012
12:57 pm

Bro – Yeah, Airplane came out before my parents got married. You were saying?

:shock: HOLY TOLEDO BATMAN!!!! :shock:

j/k as I’m not that old myself. :lol:

Adam

January 18th, 2012
12:57 pm

Libertarian: Does my concern for the deficit mean I am going to give every available cent I have to the US Treasury? No. Does my concern for poor people mean I will donate every available cent I have to a charity that supports them? No. One need not put a large contribution where their mouth is to speak out against injustice.

Granny Godzilla

January 18th, 2012
12:58 pm

What would happen if the 1% got tired of you tools, took their money out of the market, put it in a savings account, and hit the links every day?

They’d get maybe 3% interest on their money and improve their short game?

Doggone/GA

January 18th, 2012
12:58 pm

“I bet the dollar amount of his 15% is much, much more than the 15% paid by someone who made 50,000 dollars. The intellectual dishonesty that is being spread should stop. 15% of a million dollars is a whole lot more than 15% of 50,000 dollars.”

Yep, it is…and what is left over is a whole HELL OF A LOT MORE for those that only have to pay 15% (or less)

USinUK

January 18th, 2012
12:58 pm

“Get a big vat of BBQ sauce, because… yuck!”

nah … too stringy … and I try not to ingest silicon if I don’t have to …

Jay's Gerbil

January 18th, 2012
12:58 pm

All right, no Keystone pipeline. Obama won’t be winning those states in the next election! ;-)

Brosephus

January 18th, 2012
12:58 pm

JOE Cool

Now, thass funny!!!!! :)

He's Not One Of Us

January 18th, 2012
12:58 pm

@Martin the Calvinist

January 18th, 2012
10:31 am
I bet the dollar amount of his 15% is much, much more than the 15% paid by someone who made 50,000 dollars. The intellectual dishonesty that is being spread should stop. 15% of a million dollars is a whole lot more than 15% of 50,000 dollars.
_________________________________

Personally, I don’t care how much his tax rate is.

My problem with him is can he RELATE to people who have had to struggle and work hard for everything they were given?

I don’t think so.

He needs to walk a mile in OUR shoes and maybe just maybe he will get understand our plight.

Adam

January 18th, 2012
12:59 pm

md: Yes, good folks got caught in the middle…….but that doesn’t change the fact that they borrowed what they could not LATER, AFTER THEY GOT CAUGHT IN UNANTICIPATED CIRCUMSTANCES, afford…

USinUK

January 18th, 2012
12:59 pm

““I bet the dollar amount of his 15% is much, much more than the 15% paid by someone who made 50,000 dollars. The intellectual dishonesty that is being spread should stop. 15% of a million dollars is a whole lot more than 15% of 50,000 dollars.””

ohsweetjeebus …

please tell me you weren’t serious about that comment in regards to not having a firm grasp on the concept of %%%

He's Not One Of Us

January 18th, 2012
1:00 pm

CORRECTION:

He needs to walk a mile in OUR shoes and maybe just maybe he will understand our plight.

Jm

January 18th, 2012
1:00 pm

O knows jack poop

Mick

January 18th, 2012
1:00 pm

Oil or water? Need water to live, need oil for the car, which do you choose?

Jm

January 18th, 2012
1:01 pm

O is a greedy capitalist pig

Jefferson

January 18th, 2012
1:01 pm

Anyone who thinks the the gov’t will give food, clothing and shelter to someone who doesn’t works is wrong, and if they go around saying it they are spreading lies, whether they know it or not. Assistance, yes, existance, no.

ME

January 18th, 2012
1:02 pm

We should beat him for making this money. It should be a crime! While we are at it, lets punish the comanies paying for it too! Damn filthy rich.

Adam

January 18th, 2012
1:03 pm

John Galt: I have sources saying Jefferson DID say that.

I have sources that say the HPV vaccine causes mental retardation

AngryRedMarsWoman

January 18th, 2012
1:03 pm

“They’d get maybe 3% interest on their money and improve their short game?”

Please provide link…..I would love to get some of that 3% interest action.

Keep Up the Good Fight!

January 18th, 2012
1:04 pm

All right, no Keystone pipeline. Obama won’t be winning those states in the next election!

Right, because the farmers and the people worried about water acquifers, the repeated leaks on the current pipe that Keystone has already built and the other concerns will just all vote Conned! :roll:

Mick

January 18th, 2012
1:04 pm

me

Nobody cares how much money you accumulate, just don’t complain about paying taxes in a country that allows you to accumulate limitlessly…

Adam

January 18th, 2012
1:04 pm

John Galt: You continue to blog

In other words, stop talking, and go do something *I* want you to do instead. Then I don’t have to listen to you make sense, and I get to mooch off of your hard work while *I* sit here and do the very thing that I am telling others is a waste of time – blogging.

AmVet - “A lot of so-called conservatives don’t know what the word means." ~Barry Goldwater

January 18th, 2012
1:04 pm

The only silver lining I can see to a Mitt election is that these inveterate liars in the right wing can stop with the transparent nonsense that they actually give a rat’s __ about Washington DC being corporate owned territory.

Or about the plutocracy for that matter.

Lambs bleating their way to their collective slaughter.

OK, out to go see the vampires at the VA.

Love that socialism…

Granny Godzilla

January 18th, 2012
1:05 pm

Jay’s Gerbil

Actually the opposite is true. As of September last year 64% of folks in Nebraska oppose it.

Let Canada get their oil sands crude to the international market
by dragging it’s filth across it’s own breadbasket.

Adam

January 18th, 2012
1:06 pm

MiltonMan: Let’s see the dollar amount that Mitt paid in federal income tax.

And there you have it. Obviously Rush must have said something like this just this morning.

Granny Godzilla

January 18th, 2012
1:06 pm

Angry Mars Woman

See Bankaround.com and look for wells Fargo

Bruno

January 18th, 2012
1:07 pm

As the son of one of Detroit’s most powerful auto executives, and as a highly successful venture capitalist himself, he has experienced the world from a very different vantage point than most of his fellow Americans.

I’m a little confused here, Jay. Are you saying that being successful should be viewed as a handicap when choosing a leader?? That we’re better off with a loser??

There’s no doubt that Bush Sr. lost the 1992 election when he couldn’t even guess at a ballpark figure for a loaf of bread and a gallon of gas. Romney isn’t in that category, in spite of his “different” perspective as to what comprises a “lot of money”. BFD–When I was a kid, I thought $20 was a lot of money. Now, anything less than a thousand isn’t much of a blip on my radar screen.

Kamchak

January 18th, 2012
1:08 pm

“I like big butts and I can not lie
You other brothers can’t deny” — Thomas Jefferson

He's Not One Of Us

January 18th, 2012
1:10 pm

@scrappy

January 18th, 2012
10:37 am
I don’t believe the person sitting in the white house should be able to so easily remove the people element from his policies. That person needs to know how his/hers policies affect real Americans & let that weigh in on the decision making process.
_______________________________________________

My concern is that Mitt will NOT care about how his policies will affect ME or YOU.

Only the 1% will benefit from his presidency.

He’s not one of us.

Mick

January 18th, 2012
1:10 pm

**Now, anything less than a thousand isn’t much of a blip on my radar screen**

Hey bruno, can I borrow $500? That’s chump change according to you, thanks…

RB from Gwinnett

January 18th, 2012
1:10 pm

“anyone with a minimum of grade school math could tell you that if I send in a check for a thousand dollars more, it won’t do a damn thing,”

That’s a cop out from a coward. If YOU believe YOU should be paying more, do it. Apply your same idiotic stance to the United Way and see what happens. “I’m not going send you any money because my contribution won’t do much….” That’s pathetic, Mick.

Jay

January 18th, 2012
1:11 pm

The executive who was appointed to lead the mortgage giant Fannie Mae in 2009 after the federal government seized it plans to step down as its chief executive. The executive, Michael J. Williams, announced that he would step down after a successor was found. Mr. Williams, Mr. Haldeman and other Fannie and Freddie executives faced intense questioning on Capitol Hill in November over millions of dollars in bonuses and compensation they received since 2009. Twelve executives at the companies received $35.4 million in total salary and bonuses in 2009 and 2010. Mr. Williams earned about $9.3 million for the two years.

This oft-heard complaint confuses me as well. We are reminded all the time that “government ought to be run like a business,” and that businesses need to pay their top executives huge salaries in order to attract top talent.

But should government pay even a fraction of CEO salaries to those who perform similar functions in government, heads begin to explode.

Mick

January 18th, 2012
1:13 pm

rb

I don’t see how that equates to cowardice, but then you never were the sharpest tool in the shed – have a great day…