Romney - Holding a 14 point advantage with Middle Class

[Riot]

Originally Posted by Danzig

WASHINGTON (Reuters) - U.S. Republican presidential candidate Mitt Romney said he thinks it is "fair" that he pays a lower tax rate on his investment income of $20 million last year than someone who made $50,000 annually.

"Yeah," Romney said in an interview aired on Sunday on the CBS television show "60 Minutes," when he was asked if he thought his relatively low rate was fair.

Mitt Romney is proving to be a not very smart guy in general, and including governmental financial policies.

You don't have to be exceptionally brilliant to buy up companies, leverage the hell out of them, bleed all the cash out of them making you rich, then leaving them in debt and to pick up the pieces you left behind. That's more of an ethical decision than an "intelligent financial" one. Mitt's job in private equity was never to create jobs, or make companies strong - it was to leverage and make himself and his investors profit.

The government is not a "bleed it dry and milk profit out of it" concern. So why Romney thinks his business experience is a qualification is beyond me.

Unless you are the Republican party, and your goal is, indeed, Paul Ryan's, to take all the money you can via defense contracting, medicare, etc. Now they want to privatize Social Security and Medicare. Anyone who thinks privatizing - which requires a profit to be made for the person that runs the program - is better than non-profit for our own programs is crazy.

Medicare proves that - it delivers better health care, at far less cost, than private insurance.