Romney pro-capitalism vs Obama anti-capitalism: which side are you on?

This dated May 12, 2011 on the CPUSA blog

"We have a big challenge before us.

President Obama is in deep doo-doo.

Our task is to pull the President out of trouble. There are wars and more wars to be fought. There are more homes to be foreclosed on. There are still many workers waiting to be unemployed. Gas prices need to be raised. The price of food is still too low.

We supported President Obama. We have to help him complete the mission embarked on by the high-road capitalists who need to accumulate more wealth so they can overcome the extreme right-wing low-road capitalists. We need to get behind the President so the better capitalists win this struggle to defeat their right-wing rivals.

I have been hearing some grumblings that we in the leadership of the CPUSA say one thing at closed meetings and we say another thing publicly through our public speeches, the PW and PA. What is not understood is that this is the new normal of American politics. We want to fit in.

Tears come to my eyes every time I see President Obama standing in front of the Stars and Stripes.

We are in a new era This is a new day.

Forward, comrades, to another Obama victory

He's got the communist endorsement.
No surprise.

Our economy was a damn-sight healthier before the socialists took the House in 07.
It got MUCH worse when they stole the WH and the Senate.
Confiscatory taxation and hyper-regulation depresses investment in and expansion of commerce every damn time.
You, sir, are the know-nothing.
Obama IS an elitist multi-millionaire.
He and his cabal are the 1%ers they pretend to hate.

BS from the word go. You really have no idea of what constitutes common sense, do you?

Absolute fact, Jack.

Then post your sources, and cite the sites that you got that info from!

You say Obama and his cohorts aren't worth millions? Several of his "contributors" are billionaires.
Or are you trying to claim that government stealing more from the public, and creating huge red tape walls around business creation and expansion will encourage job creation?
Web sites are not the only source of information.
Why don't you whip out a fake chart backing up your illogical assertions?

".. Corporations have a higher share of cash on their balance sheets than at any time in nearly half a century, as businesses build up buffers rather than invest in new plants or hiring.
Nonfinancial companies held more than $2 trillion in cash and other liquid assets at the end of June, the Federal Reserve reported Friday, up more than $88 billion from the end of March. Cash accounted for 7.1% of all company assets, everything from buildings to bonds, the highest level since 1963."

"...Senate Minority Leader Mitch McConnell, a Republican, said Tuesday. "Republicans will gladly vote against any legislation that makes it harder to create jobs right now." - from Fox news

That's because they don't know what that crazy bastard Obama and his conspirators in the "Democrat" party are going to do to rob America next.
THAT is the sane thing to do when an anti-American, anti-capitalist radical regime is threatening to steal and regulate you out of business.
Taxmageddon, Obamacare, and an out-of control EPA are just the tip of the iceberg.
"Reforming" this government-forced American suicide is akin to rearranging the deck chairs on the Titanic.
Unless and until it is REPEALED, business will rightly hide their assets from the thieving Obama regime.

Where do you get this BS. If you had any evidence at all, please post, otherwise.... STFU!

Suck it.
Reality IS real.
Dreamscape folderol is your stock in trade.
I live in the REAL world, dumbass.
So do YOU, but you're too delusional to realize it.

Still no facts- this is getting old very quickly!

Reminds me of an Orwellian Society.

This is such a misleading and ignorant poll because Obama supports a mixed economy. Any economy that relies solely on one form is doomed to fail.

that makes no sense whatsoever. a 'mixed economy' where the political party in power gets to pick winners? where people's wealth is attacked? how is that in ANY way capitalist?

The United States has had a mixed economy for a very, very long time. It has no bearing on who is in power, per se. It is driven by various economic factors. Whether ir makes sense to you or not, it is the case. Economics 101.

LOL!

and you don't see Obama violating econ 101 principles everyday? he's certainly abandoned any precept of macroeconomics in favor of some sort of Keynesian nightmare.

he's using politics to trump economics. it can work for a short time, but the bills come due eventually. his spending of $5.5T in 48 months has come due.

Econ 101 was violated by Reagonomics and led to where we are today. Obama is still trying to fix the mess. Past mistakes are very costly.

and you blocked me! what a great way to argue!

if you ever get back to read this, ask Clinton how tricle down worked for him. very well, i'd say.

Obama has no idea what he's doing. all he wants to do is get re elected... he's an incompetent failure. he's had his chance. time for the next guy.

The system we live under IS CAPITALISTIC, and always will be. It has always contained some social programs, as any society needs to have in order to survive, but we are not socialistic by any means. Obama supports REGULATED capitalism, the kind that works for all and Romney supports unregulated capitalism, that works for the wealthy at the expense of everyone else.
That is the difference in their approaches to capitalism.

Obama supports whatever will get him re elected and keep the democrats in political primacy.

any economic damage in that process is clearly incidental because he doesn't have the foggiest notion what things like Obamacare and Dodd Frank will do.

nor does he care.

it's all about keeping those crises cooking along so they can't go to waste.

And your facts are?

all around you. 8.2% STATIC unemployment. it would be climbing if it weren't for more people leaving the workforce. GDP growth rate that has steadily declined. Deficits that run more than $1T per year. every year. and into the forseeable future. the impending taxpocolypse.

he's failed. its time for him to go.

Sorry, but that he did not cause the mess in the first place, and the obstructionist GOP congress has done nothing but sit on their asses. So, put the blame where it belongs, right on the GOP economics that caused the problem and the law makers who do nothing to solve the mess that their political party made.

Just like the Republicans in November... doomed to fail.

i.e, Solyndra, correct?

Obama's policies will be the one that will make this country stronger, more productive and more economically stable.

have you been keeping up with current events? it would seem to be a middling course, at best.

its not real fast. its not slow fast. its only half fast...

Republicans have been working overtime to hemp the economy fail. They have done everything they can to keep unemployment high.

that's what the democrats do. when they can't get their way, they cry and blame others.

they had all the opportunity in the world to work with the minority. they chose not to.

its tough playing the victim when its actually a failure of leadership.

When Republicans set a record for the most filibusters in the history of the US and when a group of Republicans get together before Obama is even in office to conspire against him and make sure that no Democratic bills get passed... yeah, I blame the Republicans.

stop your whining. you don't think that Pelosi and Reid conspired agaisnt Bush when they were in the minority before 2006?

that's what a minority party does. it tries to become the majority party.

but no mention of Harry Reid blocking everything ot of the House? for the last YEAR?

cmon.

Have you no memory of the economic policies that CAUSED the current recession. Why would you support a guy who wants to return to them. Do you think that if they failed once, they will not fail again?

it seems that i have a better memory than you do.

would i support a guy that would repeal Gramm Leach Blilley, in favor of going back to Glass Steagall? i think so.

latest discussion from Citibank is that they would welcome become broken up.

problem is, that we can't stuff that toothpaste back in the tube. nor can we unring the bell of Dodd blocking the regulation of CDO and CDS, with regard to Fannie and Freddie being swindled.

oh. you were going to whimper something about tax cuts and wars, weren't you? try and follow the big picture, not what the DNC is spoon feeding.

But you forget the ROOT that was the cause of all those things. A selective meory is just as bad as none.

“...This bill is the most important legislation for financial institutions in the last 50 years. It provides a long-term solution for troubled thrift institutions. ... All in all, I think we hit the jackpot.” So declared Ronald Reagan in 1982, as he signed the Garn-St. Germain Depository Institutions Act.
Fred R. Conrad/The New York Times

He was right about the legislation’s significance. And as for that jackpot — well, it finally came more than 25 years later, in the form of the worst economic crisis since the Great Depression.

For the more one looks into the origins of the current disaster, the clearer it becomes that the key wrong turn — the turn that made crisis inevitable — took place in the early 1980s, during the Reagan years."

This and other conservative economic mis management (outsourcing, deficit spending, Bailouts, NAFTA, etc.) has led to ALL the other economic disasters that we have had since. Conservative economics caused this recession and voting for a guy who wants to return to them is just folly!

no. that had nothing to do with anything. it was a backwater bill. if you want to go back further, you could complain about Johnson using SS funds in the general fund and putting special Treasury notes against those SS liabilities.

you guys need to blame Reagan, even if Glass Steagall, alone hadn't been repealed, would be enough to have prevented this disaster. seeing that total CDO liability were tiny until the banks realized that SEC had no means to regulate that product, not because of a failure OF the SEC, but regulation always looks backward after a problem (in this case, a disaster). unbelievably, Dodd Frank does nothing about it.

conservative mismanagement? LOL! business will do whatever it must to survive and thrive. the world changed. NAFTA? irrelevant. a net benefit. the bailouts came when Bush became a Keynesian along with his close friends Reid and Pelosi, steered by Bernanke.

the democrats acted as nexus(es?). they were at every key point and, at every turn, made the wrong call. conservative economics is wrong? but liberal economics are right? LOL!

economics is economics. what Obama is trying to do by having gov't spend us to prosperity is mind numbingly dumb. to increase taxes on ANYONE with such a frail economy is suicidal. returning THE DEMOCRATS to a position of responsibility is suicidal, too.

Bailouts of Chrysler were long before Bush.
Yes, economics is economics and trickle down economics has been deprived of its once great standing as it has been proven not to work. So why would Romney (like Bush) want to return to it?
Because the conservative economics of the right have never worked for the majority of the country, they just suck money, in the form of tax cuts, from an already weak economy.
They have not learned anything about economics and from your post, you have learned nothing about the history of your government for the past 32 years.

you don't remember the howling when they did? the relief on both sides of the aisle when Iaccoca wrote that $1B check and paid them back?

we are so far underwater with GM and Chrylser, now, that its not even funny.

we never saw trickle down work under Reagan because he and his democrat Congress went on a spending spree. we DID see it under Clinton because taxes were held flat and spending was put under control. it was working under Bush2, until the bust hit.

they have worked. tax cuts don't weaken the economy. they can't. they act similar to your Keynesian so-called 'stimulus' because it leaves more money in the private sector to create more economic activity.

Keynesianism doesn't work. we've spent nearly $7T in deficit spending since the bust hit. and THIS is the economy that $7T buys?

Japan tried this stunt for 10 years. its been called the 'lost decade.' they're actually STILL doing it. it can now be called the 'lost score.'

the only thing that you seem to think that you understand is exactly what the democrats are telling you.