Posted:
#26
Quote Originally Posted by mellow_wolf:
1. "Obamacare"(aka the PPACA), aka "Romneycare"(if Republicans would admit that such an initiative was ever legislated into existence) was essentially the same program. Wait a minute. Romney had basically similar ideas that he implemented in Mass that would have curtailed job growth if he implemented them nationally? Alas, Romney never talks about Romneycare or his time as Governor of Massachusetts. I wonder why? Mass. ranked 47th out of 50 in job creation from 2003-2007, is that perhaps a factor?
2. EPA regulations. Set up to impede 70% of all of the major coal operations in the U.S. My gosh, that damn environment!
Wait, hold on. Something's not right. Since that article in Forbes was published in April, 2012, the three companies which supply 70% of coal in the U.S have not crashed in value, despite that pesky EPA. CSX has stayed steady and actually not lost any significant value?(from 22.15 to 22.06) Huh? How is this possible? That stock price must have dropped. Let me look again. No, it's correct.
Norfolk Southern Corporation is up from 66.28 to 72.02. What? That can't be correct.
Union Pacific Corporation up from 107.75 to 122.25? I thought the regulations were stagnating and severely repressing successful and profitable coal businesses? The facts must be wrong!! WTF!
The Heritage Foundation thinks EPA regulations are harming business? Whoa? The most well known right-wing think tank is making a statement against government regulation? This is amazing.
Obviously a think tank which endorsed "Star Wars"(SDI), The Gingrich "Contract for America", Ed Meese and Pat Robertson is non-partisan in its evaluations. Richard Scaife(a board member) and the Koch brothers(donors) are also known to be quite tolerant and accepting of other views which are environmentally friendly.
3. A diluted Dodd-Frank? Instituted to perhaps slow down the Wall Street casino of privatization of profits and socialization of losses? How can Wall Street continue to thrive and lend under such onerous legislation? Oh wait, they are still profitable and bonuses continue, just not at the levels they would prefer. If Romney is elected "Wall Street wants to loosen rules governing the swaps market, which generated $7 billion in revenue in the first quarter of 2012, according to government records. The banks would also get rid of restrictions on bank investment in private equity and hedge funds, pare back the power of the new federal consumer protection agency, and block the Volcker Rule, which bars banks from trading with money from their own accounts, a practice that can put customer deposits at risk. It’s no mystery why bankers long to rid themselves of these restrictions: The eight largest U.S. banks stand to lose between $22 billion and $34 billion in annual revenue as a result of Dodd-Frank, according to Standard & Poor's."
4. Lily-Ledbetter? Gee, since women comprise over 57% of college students and will be a major force for many years in our future workforce, why shouldn't they have equal pay? Our men are failing out of school and not going to college, so who is left to pick up the white-collar slack? Women. They definitely deserve better. Our system is supposed to be a color, race and gender blind meritocracy in Republican ideals, right? No affirmative action needed. Why should women be excluded from the fruits of their hard earned labor? They have proved themselves more than capable and deserving on an even field of financial treatment. Ayn Rand would be proud.
5. In reailty, the GM and GMAC bailout was started by Bush(to the tune of 21 billion). It's not honest to lay the entire blame on Obama for the result of that situation(which is still in flux). I doubt McCain would have stopped the bailouts, either. Also, this bailout did not "hinder" job growth. It saved thousands of jobs, so it's not true to portray the auto bailouts as job negative. Financially(in the case of GM) yes, it has poor return(currently) for the taxpayer as far as stock price, but the bailouts ultimately saved jobs and did not hinder job growth, as you claim.
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