Originally Posted by baseman:
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Obama plans a massive military modernization in his 2nd term an will cut taxes for investors who invest on job-producing ventures. This is a good and pragmatic policy very similar to what the Reps would do. I support the elimination/reduction of loopholes on "passive" income activities.
Personally, I don't like Ryan, not sure why Romney paired up with him. Though I prefer Rep, I really some like this ticket.
In anycase, I don't think the Rep will do all you say as some of these are near and dear to the middle-class.
Hmmmm. Rants about the 47%. This being part of a plot to drop the earned income credit to finance zero estate and capital gains taxes so sime drug addicted kids from some wealthy dynasty can live income tax free.
Then he will whine when many working poor decide that its too expensive to work in the official economy and revert to working under the table to avoid being taxed as they will need to make up money lost to income taxation. The poor need every penny, which is why the EIC was introduced in the first place as a reward for those who work in the official economy and not in the underground economy.
He said he doesnt care about the 47%.
The more "President Ryan/Romney" opens his mouth the more of a disaster he looks.
He has yet to tell us what he will do so what is there to like about him? Do you know what policies are you voting for? NO, and NO!!
Romney/Ryan are there for one purpose only. To carry the USA back to the 19th century. You will note that when Brazil figured out that putting koney in the hands of the poor was hugely beneficial as they spend 100% of what they make, their domestic economy began to boom.
You would rather money fall in the hands of people who do nothing with it.
Its a fallacy to say the wealthy as a whole invest. They dont. The wealthy who live off investment income are not direct job creators. Their reward is to pay a lower tax rate than the rest of us, including the TRUE job creators who must pay income tax on their earnings at a higher rate, whether its their salaries or their profits.
Posted: 09/24/2012 5:32 pm EDT Updated: 09/24/2012 10:01 pm EDT
Making post-fundraiser comments this weekend, presidential candidate Mitt Romney revealed a tenuous grip on the science of aviation, despite the fact that he and his wife, Ann, have been flying around the country this summer on the campaign trail.
After his wife's plane was forced to make an emergency landing this weekend,Romney told the Los Angeles Times, he was worried for her safety. The candidate then continued on a bizarre tangent that showed just how little the Republican nominee understands about flight.
โI appreciate the fact that she is on the ground, safe and sound. And I donโt think she knows just how worried some of us were,โ Romney told the paper. โWhen you have a fire in an aircraft, thereโs no place to go, exactly."
Romney said the biggest problem in a distressed aircraft is that "the windows donโt open. I donโt know why they donโt do that. Itโs a real problem. So itโs very dangerous."
The main reason airplane windows don't open is because there isn't enough oxygen at cruising altitude to keep passengers alive. (The fear of window or cabin failures, which would lead to potentially fatal hypoxia, is why many planes are equipped with emergency oxygen masks.)
"You canโt find any oxygen from outside the aircraft to get in the aircraft, because the windows donโt open," Romney told the Times, suggesting that additional oxygen in the cabin during the electrical malfunction could've alleviated the problem. In fact, if there were an electrical fire on board, additional oxygen would have fed the flames.
Strangely, Romney seemed to acknowledge the importance of oxygen later in his comments. "Fortunately, there was enough oxygen for the pilot and copilot to make a safe landing in Denver," he said.
Hypoxia aboard aircraft has led to many fatalities over the years, including the 1999 crash that killed golfer Payne Stewart. In 2005, Helios Airways Flight 522 crashed, killing all 121 aboard after the crew was incapacitated.