reply to post by CB328
1. Romney wants a war against Iran which would be deadly and far more expensive than we can afford.
The Obama administration insists it will not allow Iran to possess nuclear weapons: “the military option is on the table”. They claim (as did
Biden in the VP debate) “severe sanctions” will prevent the mullahs from going forward. This assumes that the mullahs actually care that the
country is isolated from the West, the general population cannot buy gas at $0.35 anymore, the currency is devalued and commodities become scarce and
These are the same mullahs who supported the murder of protesters in their streets in the “Green revolution,” who profess and
an anti-Western and isolationist existence, who obtain fissile materials and nuclear weapon technology from Russia, North Korea and
How will the US prevent Iranian nuclear weapons should the “sanctions” fail to be a deterrent (as they have so far)?
2. If Romney replaces Ben Bernanke at the Fed and gets rid of low interest rates the economy will go off a cliff.
Everyone agrees that the end result of QE1-3 will be a de-valued dollar, which will result in high inflation. As of this date, the greatest benefit
of the 0.005 (.5%) Fed Funds Rate has been to permit the largest banks and hedge funds to stock up their reserves and continue the super-leveraged
speculation that brought the economy to its knees once before when the bets were called. The problem with today’s economy, and that of the first
decade of the 21st Century, is that it is over-leveraged –it is funded on borrowed money rather than capital growth!
Bernanke was appointed by Bush 43 in 2006. (Aren’t Obama supporters blaming the economic crisis on Bush 43 and his policies? Moreover, he
supports and advocates for
the Romney/Ryan proposition of drastically re-making the social security and medicare
3. Romney's VP pick is most famous for wanting to gut social security and medicare, which will bankrupt or even kill millions of
(See Ben Bernanke’s position, above.) The Obama administration and the trustees of the programs agree that they will be bankrupt by 2030, at the
latest. Obama has no specific plan
for rescuing either of these entitlements that no longer function as they were intended. If these
programs are unable to pay any benefits
after 2030, what effect will that have on “millions of Americans.” Paul Ryan has proposed
maintaining current benefits for everyone 55 years old and over, and revamping the programs for those under 55 years, with an to “opt-in” to the
4. Romney's plan for the economy is to cut taxes for the rich, but the last ten years we've had those tax cuts and it didn't do anything for
jobs or the economy.
If you taxed the income of the wealthiest 1% at 100%, took ALL of their income, it would provide $68 billion of additional funds. How will that
affect the Obama administration’s $1.4 trillion
deficit for the coming year? It will then be $1.332 trillion
better? The main reasons the Bush43 tax cuts didn’t produce expected results was that Congress voted to spend on the prescription drug benefits
program, Afghanistan war and Iraq war. Joe Biden voted for BOTH wars, even though we didn’t have the money. The only real solution is NOT to spend
more than we take in.
5. Romney wants to cut 10% (that he admits to) of Federal jobs. This would be devastating to the middle class.
Private businesses are more efficient and cheaper than government solutions. There are 10s of 1,000s of jobs being done by government that could be
out-sourced to private companies. No one can rationally argue that “ government work” is a realistic standard of excellence and efficiency. No
one can rationally believe that there are too few government employees to do the work needed to be done in-house.
6. Romney wants to get rid of Obamacare and go back to the Republican plan of letting the medical industry bankrupt millions of people.
The Obama administration secretly catered to big Pharma and the insurance industry, promising them benefits in exchange for their support of Obama
care. The Republican alternatives were never given any hearing or consideration. Proposals such as those of Jim DeMint and the “HIP” plan of
Indiana have been proven in the real world to give consumers control over their care, lower costs and increase competition between and availability of
edit on 12-10-2012 by jdub297 because: (no reason given)