You can view the page at http://mybroadband.co.za/vb/content.php/5011-Obama-has-slight-edge-against-Romney
South Africa’s biggest forum. Discuss, discover, and connect with thousands of members.
God help us all if obama comes in again
God help us all if obama comes in again
Would you really prefer Romney?
Would you really prefer Romney?
Would you really prefer Romney?
The fact that the only nominee in the US election who speaks well, creates a good impression of the country and takes stances on contentious issues that can be reconciled with morality isn't far ahead reflects poorly on the US.
Romney has an astonishing business record, the kind of record which at a bare minimum gives a person a leg up on the question of how to get american business moving again. According to wikipedia "he ran Bain Capital for fourteen years, during which time the firm's average annual internal rate of return on realized investments was 113 percent".
Mitt Romney seems genuinely stunned that President Obama would question the value of his proudest accomplishment, founding and running Bain Capital for 15 years (or maybe a little bit more). To Romney and others who work in finance, it’s self-evident that what private equity firms like Bain do is beneficial to the economy. Private equity firms buy underperforming businesses and restructure them. With new management and investment, some of these firms thrive while others fail. As a result, investment is allocated more efficiently. This is creative destruction in its pure form and if you question it, they say, you must not believe in capitalism.
To Barack Obama and most liberals, it’s no less obvious that there’s something faulty about this model of financial capitalism as it has been practiced over the past 30 years. Leveraged buyouts, which are what private equity firms do, load companies with debt, extract value for middlemen, and displace workers. Heads-I-win, tails-you-lose practices in the financial sector, regulatory loopholes, and tax advantages produce runaway winners like Romney while middle-class workers lose ground. As the gap between economic victims and executioners grows, the resulting society becomes more unequal and unfair.
Both positions in this argument—that Obama doesn’t believe in capitalism, that Romney doesn’t care about workers—are distortions. But after a week of skirmishing, Obama has the upper hand for reasons that go beyond the campaign-season truism that when one guy wields the hammer, the other guy looks like a nail. Here are five reasons why the Obama campaign wants this subject—what Romney did at Bain, when he left, what he had for lunch when he worked there—to stay front and center for as long as possible.
Actually what reflects postively on the US is that it's the only country who has a president/prime minister/king/general/dear leader or whatever they call themselves who creates a good impression, takes stances on contentious issues that can be reconciled with morality. Notwithstanding that little matter of the drones in Pakistan, but he is only human, and the drones have to be somewhere![]()
Would you really prefer Romney?
Yeah, he is good at getting American business moving. Offshore. Lol. Obviously non-Americans are gonna love him, and Americans with shares in offshore companies. You have to be a bit retarded to vote for someone who is gonna move your job to China. But them most right-wing Americans are a bit inbred and thick.
One of the most exclusive clubs in academe is a Harvard University dual-degree program allowing graduate students to attend its law and business schools simultaneously, cramming five years of education into four. On average, about 12 people per year have completed the program — the overachievers of the overachievers — including a striking number of big names in finance, industry, law and government.
The program is so small that it has drawn little attention outside rarefied circles, but that may change as its most famous graduate, Mitt Romney, campaigns for the White House, subjecting every phase of his life to scrutiny.
I would prefer anyone else
I would prefer anyone else
Why?
What is so terrible about Obama? Serious question.
I honestly don't understand what makes him so awful you'd prefer anyone.
That is irrational, surely?