Romney's China Position - GoFuckYourself.com

BFT3K · 10-14-2012, 09:10 AM

(this one's for you, MetaMan)

Tom_PM · 10-14-2012, 09:54 AM

"They've stolen our jobs".... ear candy for idiots.

seeandsee · 10-14-2012, 09:57 AM

He is hypocrite

Paul Markham · 10-14-2012, 10:07 AM

No wonder this guy didn't want his tax returns made public.

Palin was a fool, this one's worse.

Sly · 10-14-2012, 10:11 AM

Half $1 million, in three years, from an investment firm. He probably trades more than that every morning before he wakes up.

DudeRick · 10-14-2012, 10:13 AM

Blind trust

From Wikipedia, the free encyclopedia

A blind trust is a trust in which the fiduciaries, namely the trustees or those who have been given power of attorney, have full discretion over the assets, and the trust beneficiaries have no knowledge of the holdings of the trust and no right to intervene in their handling. Blind trusts are generally used when a settlor (sometimes called a trustor or donor) wishes to keep the beneficiary unaware of the specific assets in the trust, such as to avoid conflict of interest between the beneficiary and the investments. Politicians or others in sensitive positions often place their personal assets (including investment income) into blind trusts, to avoid public scrutiny and accusations of conflicts of interest when they direct government funds to the private sector.

http://en.wikipedia.org/wiki/Blind_trust

Rochard · 10-14-2012, 10:13 AM

Even better, Romney is investing in Chinese oil. Fucking brilliant.

http://thecaucus.blogs.nytimes.com/2...e-oil-company/

DudeRick · 10-14-2012, 10:20 AM

Quote:

Despite Criticisms, Obama's Investments Share Similarities with Romney's

http://www.weeklystandard.com/blogs/...ys_650833.html

DudeRick · 10-14-2012, 10:23 AM

Quote:

Obama has investments in companies that ship jobs overseas

President Obama has accused Mitt Romney of raking in profits from investing in companies that ship American jobs overseas, but according to his most recent financial disclosure, he and First Lady Michelle Obama have hundreds of thousands of dollars in a mutual fund that has large holdings in corporations that outsource jobs.

http://washingtonexaminer.com/obama-...rticle/2502361

Sly · 10-14-2012, 10:30 AM

Quote:

Originally Posted by DudeRick

http://washingtonexaminer.com/obama-...rticle/2502361

Anyone that has any money in investments is going to be a part of this. I have a 401(k) and a Roth IRA, I really have no clue where the money is. I could be funding the next Somalian warlord for all I know.

DudeRick · 10-14-2012, 10:32 AM

Obama even outsourced your tax dollars!

Quote:

OBAMANOMICS OUTSOURCED

The Truth About How Obama Shipped The Recovery Overseas

http://www.streettalklive.com/off-th...vestments.html

Paul Markham · 10-14-2012, 10:34 AM

Quote:

Originally Posted by Sly

Half $1 million, in three years, from an investment firm. He probably trades more than that every morning before he wakes up.

The man trying t5o be the next President of the US. Investing in the people he proclaims have stolen US jobs, embezzled, partnered with Iran and stole US intellectual property, in your opinion a trifling matter?

What do you think he will do when he's President?

Sly · 10-14-2012, 10:36 AM

Quote:

Originally Posted by Paul Markham

Investing in the people he proclaims have stolen US jobs, embezzled, partnered with Iran and stole US intellectual property, in your opinion a trifling matter?

As I said Paul, anyone with any sort of investment whatsoever, is going to have the same dirt on their hands.

There are plenty of things to rip this guy on, may as well use something of substance. This is like ripping on Bush for saying nuclear incorrectly.

DudeRick · 10-14-2012, 10:37 AM

Factcheck.org

Quote:

Obama?s ?Outsourcer? Overreach
The president's campaign fails to back up its claims that Romney 'shipped jobs' overseas.

http://factcheck.org/2012/06/obamas-...cer-overreach/

MaDalton · 10-14-2012, 10:38 AM

i have invested in a few chinese funds - would be stupid not to do so since their economy will still grow heavily for the next 10-20 years.

Paul Markham · 10-14-2012, 10:41 AM

Quote:

Originally Posted by Sly

As I said Paul, anyone with any sort of investment whatsoever, is going to have the same dirt on their hands.

There are plenty of things to rip this guy on, may as well use something of substance. This is like ripping on Bush for saying nuclear incorrectly.

Anyone with any sort of investment is standing for President. This is just another nail in his coffin.

After all the other nails that have emerged, will you vote for him?

Bain
2 $trillion more on the military.
Relaxing rules on banking.
Sensata
Mormon.
Now this one.

Minte · 10-14-2012, 10:45 AM

Quote:

Originally Posted by Paul Markham

Anyone with any sort of investment is standing for President. This is just another nail in his coffin.

After all the other nails that have emerged, will you vote for him?

Bain
2 $trillion more on the military.
Relaxing rules on banking.
Sensata
Mormon.
Now this one.

This is the system the world goes by. And the man knows how to make money.

Why is it that so many of you try to make that a bad thing.

DudeRick · 10-14-2012, 10:45 AM

[QUOTE=Paul Markham;19250879}

What do you think he will do when he's President?[/QUOTE]

He's gonna send Obama's death panel after your senile ass...

L-Pink · 10-14-2012, 10:57 AM

What a fucking crock of shit this whole topic is!

Should he instead have invested his money in Kentucky Fried Chicken? That's about as American as you can get right? A white southern gentleman dressed in a white plantation suit selling chicken. But wait ? it's share price is rising because it opens 2-3 outlets a day in China.

.

Sly · 10-14-2012, 11:21 AM

Quote:

Originally Posted by Paul Markham

Anyone with any sort of investment is standing for President. This is just another nail in his coffin.

After all the other nails that have emerged, will you vote for him?

Bain
2 $trillion more on the military.
Relaxing rules on banking.
Sensata
Mormon.
Now this one.

I'm going to vote for him now just because of this thread proving to me how many people don't understand how money works. Thank you for enlightening me.

2012 · 10-14-2012, 12:17 PM

I'm voting for both candidates just in case

Rochard · 10-14-2012, 12:28 PM

Quote:

Originally Posted by Sly

I could be funding the next Somalian warlord for all I know.

Romney is funding Somalian warlords?

Paul Markham · 10-14-2012, 01:35 PM

Quote:

Originally Posted by Minte

This is the system the world goes by. And the man knows how to make money.

Why is it that so many of you try to make that a bad thing.

Will the way he makes money for himself, work for the rest of the people who live there? Excluding a few of his pals.

crockett · 10-14-2012, 01:58 PM

Quote:

Originally Posted by Minte

This is the system the world goes by. And the man knows how to make money.

Why is it that so many of you try to make that a bad thing.

Because the way he makes money is not by producing something that creates jobs, but rather by leeching off the work of others and then sending those jobs over seas.

Is it really that hard to figure out?

Minte · 10-14-2012, 02:08 PM

Quote:

Originally Posted by crockett

Because the way he makes money is not by producing something that creates jobs, but rather by leeching off the work of others and then sending those jobs over seas.

Is it really that hard to figure out?

Are you so sure about that. This is just a few of the businesses that Bain has funded.

1-800-Dentist

Appriss

Bright
Horizons

BTI
Systems

Dynamics

E5
Systems

EcoSense

EDGAR
Online

Enclarity

Enservio

Eschelon
Telecom

Experian
Corporation

eXperticity

Formation
Systems

Gartner
Group

HookLogic

INRIX

Integrated
Circuit Systems

Invoke
Solutions

iPay
Technologies

Kiva
Systems

LinkedIn

LogicSource

m-Qube

MagazineRadar

MyEdu

Nomis
Solutions

PGOA
Media

Regulatory
DataCorp

Soleil
Securities

SquareTrade

Staples

SurveyMonkey

Taleo

TellApart

The Receivables
Exchange

Total Attorneys

TRAVELCLICK

TxVia

vAuto

Wharton
Econometrics

Minte · 10-16-2012, 04:20 PM

Do we need to find more companies that Bain funded that do produce jobs? And a lot of them.

DudeRick · 10-16-2012, 04:40 PM

Quote:

Originally Posted by crockett

Because the way he makes money is not by producing something that creates jobs, but rather by leeching off the work of others and then sending those jobs over seas.

Is it really that hard to figure out?

Pure Democrat Bullshit!

Quote:

The companies Bain Capital funded under Romney have created tens of thousands of jobs using any measure.

http://www.american.com/archive/2012...create-at-bain

pornguy · 10-16-2012, 05:22 PM

Quote:

Originally Posted by Paul Markham

No wonder this guy didn't want his tax returns made public.

Palin was a fool, this one's worse.

Next to this guy Palin is a rocket scientist with a great body.

Brad Mitchell · 10-16-2012, 05:26 PM

I think most of the US stock market is over inflated BS and about 2/3 of my 401k is overseas growth mutual funds. Mutual funds are very diverse by their nature and the farthest thing from investing specifically in any one company.. I'm just sayin'

Brad

epitome · 10-16-2012, 05:28 PM

Quote:

Originally Posted by DudeRick

Blind trust

From Wikipedia, the free encyclopedia

A blind trust is a trust in which the fiduciaries, namely the trustees or those who have been given power of attorney, have full discretion over the assets, and the trust beneficiaries have no knowledge of the holdings of the trust and no right to intervene in their handling. Blind trusts are generally used when a settlor (sometimes called a trustor or donor) wishes to keep the beneficiary unaware of the specific assets in the trust, such as to avoid conflict of interest between the beneficiary and the investments. Politicians or others in sensitive positions often place their personal assets (including investment income) into blind trusts, to avoid public scrutiny and accusations of conflicts of interest when they direct government funds to the private sector.

http://en.wikipedia.org/wiki/Blind_trust

Except his blind trust is ran by his friend and personal lawyer. How blind do you really think that is?

Rochard · 10-16-2012, 05:50 PM

Quote:

Originally Posted by Minte

Do we need to find more companies that Bain funded that do produce jobs? And a lot of them.

You forgot Ampad. Went bankrupt while Bain made over $100 million.

Paul Markham · 10-17-2012, 12:37 AM

Quote:

Originally Posted by Minte

Do we need to find more companies that Bain funded that do produce jobs? And a lot of them.

Absolutely. How will putting a lot of people out of work, by cutting spending, achieve that?

Minte · 10-17-2012, 06:36 AM

Quote:

Originally Posted by Paul Markham

Absolutely. How will putting a lot of people out of work, by cutting spending, achieve that?

Paul, you have said this at least 20 times in this election cycle.

And you continue to use the word SPEND in place of the word WASTE. Until the time comes that you look at those two words, we have nothing more to discuss.

I have also said at least 20 times in this election cycle.

You can't continue to spend more than you make.

dodger21 · 10-17-2012, 06:43 AM

Theres just no aguing facts with some of you idiots who are so emotionally invested in your mythical man. Facts and logic dont matter.

It's like that old adage goes...if you want to piss off a republican, tell him a lie. If you want to piss off a democrat, tell him the truth.

Paul Markham · 10-17-2012, 06:59 AM

Quote:

Originally Posted by Minte

Paul, you have said this at least 20 times in this election cycle.

And you continue to use the word SPEND in place of the word WASTE. Until the time comes that you look at those two words, we have nothing more to discuss.

Illustrate how the money is wasted.

Quote:

I have also said at least 20 times in this election cycle.

You can't continue to spend more than you make.

And I agree with you. Are YOU ready for the pain it will cause?

If a family is spending more than they earn. There comes a time it HAS TO STOP. Then the family has to buy less, live on less and face a far lower standard of living. With countries facing bad debt situations, that has meant everyone except the super rich earning less and paying more at the shops. Are you ready for that?

Because spending cuts will hurt you.

I think spending on arms, food, oil subsidies to private buyers should stop. The money should be put into long term projects of tomorrow so we can have the Next Apple, Microsoft, Space Shuttle and all the other great scientific, engineering and technical discoveries of tomorrow.

Romney doesn't think more teachers are good, thinks business will develop those skills and thinks he can level the playing field between the US and China.

http://www.huffingtonpost.com/2012/0...n_1327413.html

Quote:

Since 2001, the United States has lost 2.8 million manufacturing jobs to China -- that despite U.S. factory workers being far more productive.

Partly, it can be explained by China's cheaper workers: The average hourly wage for Chinese manufacturing workers is less than a tenth that of their average U.S. counterparts, according to the Bureau of Labor Statistics.

And that's just China.

Now tell us how Vietnam got to be your biggest customer. Where did the money come from?

stephane76 · 10-17-2012, 07:37 AM

Quote:

Originally Posted by Brad Mitchell

I think most of the US stock market is over inflated BS and about 2/3 of my 401k is overseas growth mutual funds. Mutual funds are very diverse by their nature and the farthest thing from investing specifically in any one company.. I'm just sayin'

Brad

sperbonzo · 10-17-2012, 07:41 AM

(I guess I shouldn't mention that Romney is actually correct in saying that China is manipulating their currency value artifically in a way that is bad for US manufacturing....)

.

Minte · 10-17-2012, 07:49 AM

Quote:

Originally Posted by Paul Markham

Illustrate how the money is wasted.

And I agree with you. Are YOU ready for the pain it will cause?

If a family is spending more than they earn. There comes a time it HAS TO STOP. Then the family has to buy less, live on less and face a far lower standard of living. With countries facing bad debt situations, that has meant everyone except the super rich earning less and paying more at the shops. Are you ready for that?

Because spending cuts will hurt you.

I think spending on arms, food, oil subsidies to private buyers should stop. The money should be put into long term projects of tomorrow so we can have the Next Apple, Microsoft, Space Shuttle and all the other great scientific, engineering and technical discoveries of tomorrow.

Romney doesn't think more teachers are good, thinks business will develop those skills and thinks he can level the playing field between the US and China.

http://www.huffingtonpost.com/2012/0...n_1327413.html

And that's just China.

Now tell us how Vietnam got to be your biggest customer. Where did the money come from?

http://www.heritage.org/research/rep...e-numbers-2012
THere is a lot of information there for you to read. Rather than me cutting and pasting it all.

You asked the question if I am ready. The answer is yes. I could've retired years ago. My assets far exceed my debt. My children could live their lives and never work and if they weren't stupid about it, their children could do the same. But not working is not an option. I enjoy my job and now have one of my children here and 3 nephews. The goal is to make it interesting for them to grow. Btw. All of them to date have college degrees, before they took a job with us.

The federal government of Vietnam is not our biggest customer. They are our metals division biggest customer. Our biggest customer is our agricultural tire company which we own.

I went to school and the average class size was around 30 kids. Today, it's supposed to be many less. I think the quality of my education was on par with what is being taught today. Why do we need 50% more teachers to teach the same amount of students? And keep in mind, when I went to school computers didn't exist. There were no online classes. Teachers for the most part actually earned their salaries.

Paul Markham · 10-17-2012, 07:50 AM

This is the situation today and the problem the West faces.

Quote:

Since 2001, the United States has lost 2.8 million manufacturing jobs to China -- that despite U.S. factory workers being far more productive.

Partly, it can be explained by China's cheaper workers: The average hourly wage for Chinese manufacturing workers is less than a tenth that of their average U.S. counterparts, according to the Bureau of Labor Statistics.

And that is just China. US workers maybe more productive, not by a factor of 10. So what's the solution?

We could tax the goods coming in at the docks and this tax will pay for the loss of jobs and the investment in the future of the West. This will mean people paying a lot more for an iPad, calculator, shirt, toys, etc. In the shops.

Import restrictions. Tough one, China will not like it.

People pay more in taxes today for investment in future technologies.

Banning the import of goods that were under US/EU patent or copyright protection, isn't going to stem the flow much.

Getting China to revalue it's currency to level the field. Also is a pipe dream. You can't revalue the Chinese, Vietnamese, Philippines, Indian, etc currencies to the level required. Only a fool would offer or think it would work.

Anyone with a better solution is welcome to put them forward. cutting spending = cutting jobs. Cutting taxes 10% won't bring 2.8 million jobs back to the US or the EU. It will result in a loss of jobs or more debt.

Paul Markham · 10-17-2012, 08:10 AM

Quote:

Originally Posted by sperbonzo

(I guess I shouldn't mention that Romney is actually correct in saying that China is manipulating their currency value artifically in a way that is bad for US manufacturing....).

Yes he said it. As if it would level the playing field. The guy is deluded it's going to make that much difference.

Paul Markham · 10-17-2012, 08:11 AM

Quote:

Originally Posted by Minte

http://www.heritage.org/research/rep...e-numbers-2012
THere is a lot of information there for you to read. Rather than me cutting and pasting it all.

Only read to that part, as |I wanted to read the article. Is this the waste you're talking about?

Quote:

Federal entitlements are driving this spending growth, having increased from less than half of total federal outlays just 20 years ago to nearly 62 percent in 2012. Three major programs?Medicare, Medicaid, and Social Security?dominate in size and growth, soaking up about 44 percent of the budget. All three programs are growing faster than inflation, and?when joined with $1.7 trillion in new Obamacare spending?will drain about 18.5 percent of the nation?s total economic output by mid-century. Because that is about the historical annual average of total federal tax revenue, it means all other government programs?national defense, veterans health care, transportation, federal law enforcement, and others?would effectively have to be financed on borrowed money.
Other entitlements continue growing as well. Anti-poverty programs have surged by 49 percent in just the past decade, even after adjusting for inflation. Spending for food stamps alone has more than tripled since 2002. Health programs, including Medicaid, have increased by 38 percent, and housing assistance by 48 percent.
Although these entitlement programs have dominated the government?s spending growth, discretionary spending?spending authorized by annual appropriations bills?also has grown by 40 percent more than inflation, to $1.289 trillion. Spending on non-defense programs has grown 29 percent. These outlays peaked in 2010 due to the stimulus bill, but remain 7 percent higher than their pre-stimulus level of 2008.

Quote:

Originally Posted by Brad Mitchell

I think most of the US stock market is over inflated BS and about 2/3 of my 401k is overseas growth mutual funds. Mutual funds are very diverse by their nature and the farthest thing from investing specifically in any one company.. I'm just sayin'

Brad

And the West rode on the over inflation. Until the bubble burst.

Minte · 10-17-2012, 08:13 AM

Quote:

Originally Posted by Paul Markham

This is the situation today and the problem the West faces.

And that is just China. US workers maybe more productive, not by a factor of 10. So what's the solution?

We could tax the goods coming in at the docks and this tax will pay for the loss of jobs and the investment in the future of the West. This will mean people paying a lot more for an iPad, calculator, shirt, toys, etc. In the shops.

Import restrictions. Tough one, China will not like it.

People pay more in taxes today for investment in future technologies.

Banning the import of goods that were under US/EU patent or copyright protection, isn't going to stem the flow much.

Getting China to revalue it's currency to level the field. Also is a pipe dream. You can't revalue the Chinese, Vietnamese, Philippines, Indian, etc currencies to the level required. Only a fool would offer or think it would work.

Anyone with a better solution is welcome to put them forward. cutting spending = cutting jobs. Cutting taxes 10% won't bring 2.8 million jobs back to the US or the EU. It will result in a loss of jobs or more debt.

I have seen the commercial you just quoted about 100 times already. No need to rehash what the problems are. We have elementary school children who know that.

You asked me a lot of questions,some of them pointed. How about responding to those.

And because I am interested,.,how about just this one question.

Why do kids today need more teachers per student than they needed a generation ago?

sperbonzo · 10-17-2012, 08:14 AM

Quote:

Originally Posted by Paul Markham

Yes he said it. As if it would level the playing field. The guy is deluded it's going to make that much difference.

This from the "break more windows, it's good for the economy" Keynesian....

.

:1orglaug h

.

Paul Markham · 10-17-2012, 08:17 AM

Quote:

Originally Posted by Minte

Why do kids today need more teachers per student than they needed a generation ago?

Because todays world requires kids with a better education. Make it harder for me please.

Or give up on debate and just resort to what sperbonzo does.

One of the cuts could be overseas aid to places like

Vietnam http://en.wikipedia.org/wiki/Foreign_aid_to_Vietnam

Israel. http://en.wikipedia.org/wiki/Israel%...ates_relations

See the whole list.

http://en.wikipedia.org/wiki/United_...aid#Recipients

Relentless · 10-17-2012, 08:22 AM

Quote:

Originally Posted by Minte

http://www.heritage.org/research/rep...e-numbers-2012I went to school and the average class size was around 30 kids. Today, it's supposed to be many less. I think the quality of my education was on par with what is being taught today. Why do we need 50% more teachers to teach the same amount of students? And keep in mind, when I went to school computers didn't exist. There were no online classes. Teachers for the most part actually earned their salaries.

Teachers do not help very smart people or very stupid people. I had a few bad teachers along the way in my education, as I am sure you did during yours. When I had a bad teacher, I taught myself the topic and ignored class time other than for taking exams. I had access to all the information I needed, I had good parents and others I could ask if I got stumped and so on. I'll never forget once when I had a horrible biology teacher, I asked my father if I he could get me switched into another teacher's class and he told me one day when I was older I'd have a stupid employer or a stupid customer and its better I learn how to deal with that effectively at an early age than wait until it actually mattered to figure it out.

The bright kids hardly need teachers at all. The idiots won't learn more than the basics with all the teachers and tutors you can find. However, most people are neither very bright nor stupid. Most people benefit tremendously from having good teachers, low ratios, and access to tutors or mentors. Having ordinary kids in bad neighborhoods surrounded by good teachers all day is vital because many cant rely on parents if they get stumped, many have nothing constructive to do after school without quality programs staffed by quality instructors.

As a case of simple math... Teachers and music classes or sports after school cost much less than prisons and guards after kids fail.

The bright kid in the worst school or the idiot in the best school will do the same with more or less teachers. The ordinary kid, which is most people, will do much better in life with more teachers and better schools. That costs you and I less in the long run. Also, you mention computers...you do know roughly half of all homes in the US still do not have a computer or broadband Internet access and many schools have many less computers than students, right?

Your son and nephews may be hard workers, may be educated, may be bright enough and supported enough not to rely on teachers. That does not make them typical.

Minte · 10-17-2012, 08:25 AM

Quote:

Originally Posted by Paul Markham

Because todays world requires kids with a better education. Make it harder for me please.

Or give up on debate and just resort to what sperbonzo does.

The internet was designed by people with my education level. Most of the software, all of the manufacturing technology, robotics.. It's a long list of world changing accomplishments that people who had 30+ classmates in every room made.

I have been listening to this *better education* nonsense for years. There was absolutely nothing wrong with the quality of education. Maybe the schools simply need better motivated students.

If you are going to simply rehash current television ads and parrot worn out talking points, then it is you who needs to give up on the debate. Because rarely do you offer anything significant.

Minte · 10-17-2012, 08:27 AM

Quote:

Originally Posted by Relentless

Teachers do not help very smart people or very stupid people. I had a few bad teachers along the way in my education, as I am sure you did during yours. When I had a bad teacher, I taught myself the topic and ignored class time other than for taking exams. I had access to all the information I needed, I had good parents and others I could ask if I got stumped and so on. I'll never forget once when I had a horrible biology teacher, I asked my father if I he could get me switched into another teacher's class and he told me one day when I was older I'd have a stupid employer or a stupid customer and its better I learn how to deal with that effectively at an early age than wait until it actually mattered to figure it out.

The bright kids hardly need teachers at all. The idiots won't learn more than the basics with all the teachers and tutors you can find. However, most people are neither very bright nor stupid. Most people benefit tremendously from having good teachers, low ratios, and access to tutors or mentors. Having ordinary kids in bad neighborhoods surrounded by good teachers all day is vital because many cant rely on parents if they get stumped, many have nothing constructive to do after school without quality programs staffed by quality instructors.

As a case of simple math... Teachers and music classes or sports after school cost much less than prisons and guards after kids fail.

The bright kid in the worst school or the idiot in the best school will do the same with more or less teachers. The ordinary kid, which is most people, will do much better in life with more teachers and better schools. That costs you and I less in the long run. Also, you mention computers...you do know roughly half of all homes in the US still do not have a computer or broadband Internet access and many schools have many less computers than students, right?

Your son and nephews may be hard workers, may be educated, may be bright enough and supported enough not to rely on teachers. That does not make them typical.

Paul, if you read these comments from Relentless you should pay attention. No talking points or tv ads. And I agree with him. The reason we need more teachers is because it seems that the quality of students have gone downhill.

Having an entitlement society will do that.

sweetcuties · 10-17-2012, 08:32 AM

I will vote for Obama again, Romney has no chance... even with last weeks surge

Paul Markham · 10-17-2012, 10:07 AM

Quote:

Originally Posted by Relentless

Teachers do not help very smart people or very stupid people.

Ridiculous post.

Families start the process, they back up teachers work. To say teachers don't help is ignoring reality.

The other two posts by Minte were equally stupid. no wonder jobs are going to China.

Minte, again I will ask you. How did Vietnam raise the money for their Government to give you a contract? Foriegn aid, a US company going to Vietnam, ????

Is this the waste you talk of?

Quote:

Federal entitlements are driving this spending growth, having increased from less than half of total federal outlays just 20 years ago to nearly 62 percent in 2012. Three major programs?Medicare, Medicaid, and Social Security?dominate in size and growth, soaking up about 44 percent of the budget. All three programs are growing faster than inflation, and?when joined with $1.7 trillion in new Obamacare spending?will drain about 18.5 percent of the nation?s total economic output by mid-century. Because that is about the historical annual average of total federal tax revenue, it means all other government programs?national defense, veterans health care, transportation, federal law enforcement, and others?would effectively have to be financed on borrowed money.

Other entitlements continue growing as well. Anti-poverty programs have surged by 49 percent in just the past decade, even after adjusting for inflation. Spending for food stamps alone has more than tripled since 2002. Health programs, including Medicaid, have increased by 38 percent, and housing assistance by 48 percent.

Although these entitlement programs have dominated the government?s spending growth, discretionary spending?spending authorized by annual appropriations bills?also has grown by 40 percent more than inflation, to $1.289 trillion. Spending on non-defense programs has grown 29 percent. These outlays peaked in 2010 due to the stimulus bill, but remain 7 percent higher than their pre-stimulus level of 2008.

Minte · 10-17-2012, 10:15 AM

Quote:

Originally Posted by Paul Markham

Ridiculous post.

Families start the process, they back up teachers work. To say teachers don't help is ignoring reality.

The other two posts by Minte were equally stupid. no wonder jobs are going to China.

Minte, again I will ask you. How did Vietnam raise the money for their Government to give you a contract? Foriegn aid, a US company going to Vietnam, ????

Is this the waste you talk of?

Paul, in most cases the years force a certain amount of wisdom on a person whether they want it or not. You clearly came up short or missed out on a few decades.

Believe it or not, Paul.. Vietnam is not a nation of peasants. They have spent 3 decades westernizing,building cities,airports, a complete infrustructure.

I've told you this before. We have sales reps. They are all over the world. We sell in Africa, Saudi Arabia, Australia, Europe and we even ship many containers a year TO China. What we have today is a global economy.

10-14-2012, 09:10 AM	#1
BFT3K Too lazy to set a custom title Industry Role: Join Date: Dec 2005 Location: Narnia Posts: 10,764	Romney's China Position (this one's for you, MetaMan) Last edited by BFT3K; 10-14-2012 at 09:11 AM..

10-14-2012, 09:54 AM	#2
Tom_PM Porn Meister Industry Role: Join Date: Feb 2005 Posts: 16,443	"They've stolen our jobs".... ear candy for idiots. __________________ 43-922-863 Shut up and play your guitar.

10-14-2012, 09:57 AM	#3
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	He is hypocrite __________________ BUY MY SIG - 50$/Year Contact here

10-14-2012, 10:07 AM	#4
Paul Markham Too old to care Industry Role: Join Date: Jun 2001 Location: On the sofa, watching TV or doing my jigsaws. Posts: 52,943	No wonder this guy didn't want his tax returns made public. Palin was a fool, this one's worse. __________________ Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500. PM me for a deal. Skype Paulmarkham70

10-14-2012, 10:11 AM	#5
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,326	Half $1 million, in three years, from an investment firm. He probably trades more than that every morning before he wakes up. __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.

10-14-2012, 10:13 AM	#6
DudeRick Confirmed User Industry Role: Join Date: Feb 2004 Location: Tobacco Road Posts: 1,568	Blind trust From Wikipedia, the free encyclopedia A blind trust is a trust in which the fiduciaries, namely the trustees or those who have been given power of attorney, have full discretion over the assets, and the trust beneficiaries have no knowledge of the holdings of the trust and no right to intervene in their handling. Blind trusts are generally used when a settlor (sometimes called a trustor or donor) wishes to keep the beneficiary unaware of the specific assets in the trust, such as to avoid conflict of interest between the beneficiary and the investments. Politicians or others in sensitive positions often place their personal assets (including investment income) into blind trusts, to avoid public scrutiny and accusations of conflicts of interest when they direct government funds to the private sector. http://en.wikipedia.org/wiki/Blind_trust

10-14-2012, 10:13 AM	#7
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 73,912	Even better, Romney is investing in Chinese oil. Fucking brilliant. http://thecaucus.blogs.nytimes.com/2...e-oil-company/ __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

10-14-2012, 10:38 AM	#15
MaDalton I am Amazing Content! Industry Role: Join Date: Feb 2004 Posts: 39,828	i have invested in a few chinese funds - would be stupid not to do so since their economy will still grow heavily for the next 10-20 years. __________________ AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com

10-14-2012, 10:45 AM	#18
DudeRick Confirmed User Industry Role: Join Date: Feb 2004 Location: Tobacco Road Posts: 1,568	[QUOTE=Paul Markham;19250879} What do you think he will do when he's President?[/QUOTE] He's gonna send Obama's death panel after your senile ass...

10-14-2012, 10:57 AM	#19
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	What a fucking crock of shit this whole topic is! Should he instead have invested his money in Kentucky Fried Chicken? That's about as American as you can get right? A white southern gentleman dressed in a white plantation suit selling chicken. But wait ? it's share price is rising because it opens 2-3 outlets a day in China. .

10-14-2012, 12:17 PM	#21
2012 So Fucking What Industry Role: Join Date: Jul 2006 Posts: 17,189	I'm voting for both candidates just in case __________________ best host: Webair \| best sponsor: Kink \| best coder: 688218966 \| Go Fuck Yourself

10-16-2012, 04:20 PM	#26
Minte Babemeister Industry Role: Join Date: Jun 2001 Location: Madison Posts: 7,081	Do we need to find more companies that Bain funded that do produce jobs? And a lot of them.

10-16-2012, 05:26 PM	#29
Brad Mitchell Confirmed User Industry Role: Join Date: Nov 2001 Location: Southfield, MI Posts: 9,812	I think most of the US stock market is over inflated BS and about 2/3 of my 401k is overseas growth mutual funds. Mutual funds are very diverse by their nature and the farthest thing from investing specifically in any one company.. I'm just sayin' Brad __________________ President at MojoHost \| brad at mojohost dot com \| Skype MojoHostBrad 71 industry awards for hosting and professional excellence since 1999

10-17-2012, 06:43 AM	#34
dodger21 Confirmed User Join Date: Jan 2003 Location: Los Angeles Posts: 2,680	Theres just no aguing facts with some of you idiots who are so emotionally invested in your mythical man. Facts and logic dont matter. It's like that old adage goes...if you want to piss off a republican, tell him a lie. If you want to piss off a democrat, tell him the truth. __________________ icq: 237055440

10-17-2012, 07:41 AM	#37
sperbonzo I'd rather be on my boat. Industry Role: Join Date: May 2003 Location: Miami, FL Posts: 9,748	(I guess I shouldn't mention that Romney is actually correct in saying that China is manipulating their currency value artifically in a way that is bad for US manufacturing....) . __________________ Michael Sperber / Acella Financial LLC/ Online Payment Processing [email protected] / http://Acellafinancial.com/ ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

10-17-2012, 08:32 AM	#48
sweetcuties Confirmed User Join Date: Feb 2002 Location: Somewhere Posts: 5,859	I will vote for Obama again, Romney has no chance... even with last weeks surge __________________