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Romney's Attempt to Sell Snake Oil
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Oct 3, 2012 23:35:16   #
Richard94611 Loc: Oakland, CA
 
Just finished watching Romney and Obama in the debate. Romney was much smoother than I have ever before seen him -- but still lying and trying to sell snake oil deceptively.

For instance, let's look at his statement that he won't raise taxes. One of his oft-repeated goals, he has said repeatedly in past months, is that he will achieve his financial goals "without raising taxes." He has also stated that he will achieve much of this by closing "loopholes," and one of the loopholes he intends to close is the household mortgage interest deduction.

Well, now, let's look at the math. If you are buying a house and paying $1,000/month in interest, which is a low amount here in California, that means you no longer get to deduct 12 x 1,000 from your income. Let us assume you stay within the 15% tax bracket on your earnings. Fifteen percent of $12,000 is $1,800, which is the additional amount you will have to pay on your income tax. No, Romney won't raise taxes. He will achieve the same thing by not allowing you deductions you have had for years, and effectively by making you pay more.

Romney is a snake oil salesman.

Reply
Oct 3, 2012 23:37:26   #
tom kf4wol
 
Losers can never understand when the more skilled and prepared win!

Reply
Oct 3, 2012 23:40:36   #
Blurryeyed Loc: NC Mountains.
 
Richard94611 wrote:
Just finished watching Romney and Obama in the debate. Romney was much smoother than I have ever before seen him -- but still lying and trying to sell snake oil deceptively.

For instance, let's look at his statement that he won't raise taxes. One of his oft-repeated goals, he has said repeatedly in past months, is that he will achieve his financial goals "without raising taxes." He has also stated that he will achieve much of this by closing "loopholes," and one of the loopholes he intends to close is the household mortgage interest deduction.

Well, now, let's look at the math. If you are buying a house and paying $1,000/month in interest, which is a low amount here in California, that means you no longer get to deduct 12 x 1,000 from your income. Let us assume you stay within the 15% tax bracket on your earnings. Fifteen percent of $12,000 is $1,800, which is the additional amount you will have to pay on your income tax. No, Romney won't raise taxes. He will achieve the same thing by not allowing you deductions you have had for years, and effectively by making you pay more.

Romney is a snake oil salesman.
Just finished watching Romney and Obama in the deb... (show quote)


LOL Romney kicked Obama's azz so much so that MSNBC had a meltdown.... it was really funny to watch, also saw a focus group that was made up of over 50% Obama voters who not only agreed but about 3/4 of the group said that they would be voting for Romney after the debate.... Obama got smoked.. The focus group was amazing, about 24 people who before the debate would have split for Obama after the debate Obama had only about 4 supporters left... It was a great night for Romney... It will be interesting to see the post debate polls when they come out in a few days...

Reply
 
 
Oct 3, 2012 23:41:39   #
Richard94611 Loc: Oakland, CA
 
This debate wasn't about "losing" or "winning." It was about setting forth policy that each candidate believes in and will follow.


tom kf4wol wrote:
Losers can never understand when the more skilled and prepared win!

Reply
Oct 3, 2012 23:44:38   #
Richard94611 Loc: Oakland, CA
 
Yes,it was interesting. As I said, Romney was a lot smoother than I have ever seen him before. But do you dispute my point about loopholes and deductions, or does that just not matter to you ?

And by the way, Croce, my thanks that you didn't make us all wade through 2,000 words to make your point. Your brevity was a pleasant change.


Blurryeyed wrote:
Richard94611 wrote:
Just finished watching Romney and Obama in the debate. Romney was much smoother than I have ever before seen him -- but still lying and trying to sell snake oil deceptively.

For instance, let's look at his statement that he won't raise taxes. One of his oft-repeated goals, he has said repeatedly in past months, is that he will achieve his financial goals "without raising taxes." He has also stated that he will achieve much of this by closing "loopholes," and one of the loopholes he intends to close is the household mortgage interest deduction.

Well, now, let's look at the math. If you are buying a house and paying $1,000/month in interest, which is a low amount here in California, that means you no longer get to deduct 12 x 1,000 from your income. Let us assume you stay within the 15% tax bracket on your earnings. Fifteen percent of $12,000 is $1,800, which is the additional amount you will have to pay on your income tax. No, Romney won't raise taxes. He will achieve the same thing by not allowing you deductions you have had for years, and effectively by making you pay more.

Romney is a snake oil salesman.
Just finished watching Romney and Obama in the deb... (show quote)


LOL Romney kicked Obama's azz so much so that MSNBC had a meltdown.... it was really funny to watch, also saw a focus group that was made up of over 50% Obama voters who not only agreed but about 3/4 of the group said that they would be voting for Romney after the debate.... Obama got smoked.. The focus group was amazing, about 24 people who before the debate would have split for Obama after the debate Obama had only about 4 supporters left... It was a great night for Romney... It will be interesting to see the post debate polls when they come out in a few days...
quote=Richard94611 Just finished watching Romney ... (show quote)

Reply
Oct 3, 2012 23:49:50   #
1eyedjack
 
Obama never followed through on any of his 2008 promises.
He only made things worse. Obama got wiped in the debate. I think Ob went home and cried in his pillow.

Reply
Oct 3, 2012 23:50:13   #
Blurryeyed Loc: NC Mountains.
 
Richard94611 wrote:
Yes,it was interesting. As I said, Romney was a lot smoother than I have ever seen him before. But do you dispute my point about loopholes and deductions, or does that just not matter to you ?

And by the way, Croce, my thanks that you didn't make us all wade through 2,000 words to make your point. Your brevity was a pleasant change.


Blurryeyed wrote:
Richard94611 wrote:
Just finished watching Romney and Obama in the debate. Romney was much smoother than I have ever before seen him -- but still lying and trying to sell snake oil deceptively.

For instance, let's look at his statement that he won't raise taxes. One of his oft-repeated goals, he has said repeatedly in past months, is that he will achieve his financial goals "without raising taxes." He has also stated that he will achieve much of this by closing "loopholes," and one of the loopholes he intends to close is the household mortgage interest deduction.

Well, now, let's look at the math. If you are buying a house and paying $1,000/month in interest, which is a low amount here in California, that means you no longer get to deduct 12 x 1,000 from your income. Let us assume you stay within the 15% tax bracket on your earnings. Fifteen percent of $12,000 is $1,800, which is the additional amount you will have to pay on your income tax. No, Romney won't raise taxes. He will achieve the same thing by not allowing you deductions you have had for years, and effectively by making you pay more.

Romney is a snake oil salesman.
Just finished watching Romney and Obama in the deb... (show quote)


LOL Romney kicked Obama's azz so much so that MSNBC had a meltdown.... it was really funny to watch, also saw a focus group that was made up of over 50% Obama voters who not only agreed but about 3/4 of the group said that they would be voting for Romney after the debate.... Obama got smoked.. The focus group was amazing, about 24 people who before the debate would have split for Obama after the debate Obama had only about 4 supporters left... It was a great night for Romney... It will be interesting to see the post debate polls when they come out in a few days...
quote=Richard94611 Just finished watching Romney ... (show quote)
Yes,it was interesting. As I said, Romney was a l... (show quote)


Well first off you get a 20% discount on your tax rate.. which is a start... This business of thinking that the wealthy are somehow going to pay all of your bills is BS... and it is Obama who truly is the snake oil salesman as he has no plans to do anything differently than he has done for the last 4 years, more of the SOS and it is not working while he is running on historic deficits...

Romney explained very well why he can't explain his tax plan as he can only lay out the principles and the actual plan will be debated and written in Congress. He did promise to the American people that he will not demand that the middle class pay anymore in taxes and that he is not interested in cutting taxes for the wealthy.... Those are Obama lies, he said that his tax plan will be deficit neutral, and that is something that the American people can hold him to account to..

Reply
 
 
Oct 3, 2012 23:53:02   #
Richard94611 Loc: Oakland, CA
 
All one has to do is find one thing that Obama said he would accomplish that he did accomplish and your statement that he never followed through on any of his promises. He got Obamacare passed, and that, in my opinion, was a great accomplishment as well as the fulfillment of a promise. It is true that Republicans kept him from achieving many other things he wanted to achieve. But your statement is the usual Republican hyperbole. It is false.


1eyedjack wrote:
Obama never followed through on any of his 2088 promises.
Obama got wiped in the debate. I think Ob went home and cried in his pillow.

Reply
Oct 3, 2012 23:55:46   #
Blurryeyed Loc: NC Mountains.
 
Richard94611 wrote:
All one has to do is find one thing that Obama said he would accomplish that he did accomplish and your statement that he never followed through on any of his promises. He got Obamacare passed, and that, in my opinion, was a great accomplishment as well as the fulfillment of a promise. It is true that Republicans kept him from achieving many other things he wanted to achieve. But your statement is the usual Republican hyperbole. It is false.


1eyedjack wrote:
Obama never followed through on any of his 2088 promises.
Obama got wiped in the debate. I think Ob went home and cried in his pillow.
All one has to do is find one thing that Obama sai... (show quote)


It is going to be an intense 30 or so days until the election, but it was nice to see Romney the man rather than the monster that Obama and the press try to portray him as... I can't wait to see bumbling Joe try and take on Ryan... Already stocked up on the popcorn for that one.

Reply
Oct 3, 2012 23:58:31   #
gmcase Loc: Galt's Gulch
 
Richard94611 wrote:
This debate wasn't about "losing" or "winning." It was about setting forth policy that each candidate believes in and will follow.


tom kf4wol wrote:
Losers can never understand when the more skilled and prepared win!


Very odd statement. It was ALL ABOUT WINNING or LOSING. I think you would like to sell your statement as fact because your man lost and lost big.

Reply
Oct 4, 2012 00:01:40   #
TchrBill Loc: Houston, TX
 
Richard94611 wrote:
All one has to do is find one thing that Obama said he would accomplish that he did accomplish and your statement that he never followed through on any of his promises. He got Obamacare passed, and that, in my opinion, was a great accomplishment as well as the fulfillment of a promise. It is true that Republicans kept him from achieving many other things he wanted to achieve. But your statement is the usual Republican hyperbole. It is false.

Don't sell the man short . . . he also lowered his golf handicap by a couple of strokes. After his amateur showing in the debate, I suspect he will have a lot more time on his hands to work on his golf game. There is always the Senior PGA Tour.
:D

Reply
 
 
Oct 4, 2012 00:05:10   #
TchrBill Loc: Houston, TX
 
gmcase wrote:
Very odd statement. It was ALL ABOUT WINNING or LOSING. I think you would like to sell your statement as fact because your man lost and lost big.

Haven't you ever noticed it is always the losers that say, "It isn't about winning or losing . . ."

Reply
Oct 4, 2012 00:10:07   #
Richard94611 Loc: Oakland, CA
 
The day after the election will be an interesting one in this forum.

I agree that Obama was disappointing in this debate. I don't agree that Romney's positions would be good for this country.

Romney was the smoothest I have ever seen him.

Reply
Oct 4, 2012 00:16:04   #
tom kf4wol
 
The savior will demand a Teleyprompter for his next Butt kicking..hard to defend 8 percent unemployment, billions taken out of Medicare, billions pissed away on failing solar buddies, sixteen trillion in debt and soaring, no leadership when border patro, embassy and raghead police trainees keep killing our troops...He'll peanut Carter was bad..the savior...an empty chair ole Clint got it right!

Reply
Oct 4, 2012 00:21:24   #
Blurryeyed Loc: NC Mountains.
 
Richard94611 wrote:
The day after the election will be an interesting one in this forum.

I agree that Obama was disappointing in this debate. I don't agree that Romney's positions would be good for this country.

Romney was the smoothest I have ever seen him.


Richard, my opinion is that the president approached this debate the same way that he approaches his job, half heartedly somehow thinking that his silver tongue would pull him through. The press has refused to do their job in asking the president the hard questions that they have asked every other president and tonight he was finally held to some sort of account... It will only get worse in the next two debates because as we see the middle east melting down and the resurgence of Al Queda his Bin Laden's dead slogan will not hold up to a real look into his foreign policy.... the events of this last month keep getting uglier and uglier for the president as his lack of efforts in several areas are finally coming to light... He is a rock star, but he is not a leader and he can not stand shoulder to shoulder with Romney in a setting like this and BS his way out of it... That was clearly evident tonight.

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