Romney Thinks That Obama Supporters Are 'Victims' Who Rely on Government Handouts: Is He Right?

Romney Economics Timeline

1984
Romney accepts an offer to head up a new corporate investment firm

1986
Romney follows other venture capital firms and makes an initial investment in Staples, Inc.

1986
Romney leads the purchase of Accuride, a wheel and rim maker, investing $5M of the $200M price

1988
Romney’s firm sells Accuride after “shedding unproductive labor,” pocketing more than $120M (Romney cost many Americans their jobs)

1988
Romney directs the purchase of hundreds of small clothing stores, combines them to form Stage Stores (Romney put many small business owners out of business)

1989
Romney’s firm sells the bulk of its stock in Staples for more than $13M

1989
Romney moves away from investing in start-ups, instead focusing on buy-outs

1989
Romney and his investors purchase a stake in Damon Corp.

1991
Romney is named CEO of Bain & Company, the consulting firm, while remaining head of Bain Capital

1993
Romney negotiates a $10M bailout from a federal agency to save Bain & Co. from bankruptcy (it only took him two years as head for Bain & Co to go bankrupt)

1993
Romney’s firm buys GST Steel in Kansas City, MO

1994
Romney’s firm leads a buyout of Dade International, investing $30M of the $415M purchase price

1994
Romney runs for U.S. Senate in Massachusetts; he loses the race and continues in the private sector

1995
Romney’s firm acquires a stake in Cambridge Industries, a Michigan-based auto parts supplier

1996
Damon Corp. pleads guilty to Medicare fraud it committed while Romney served as a director (As director, he had to have at least known about the medicare fraud)

1996
Romney’s firm purchases Dynamic Circuits which, after another acquisition, becomes DDi Corp.

1999
Mitt Romney accepts a position as head of the Salt Lake Olympics, but retains ownership of his firm

1999
Romney continues to provide input on investments and key personnel decision.

2000
Stage Stores declares bankruptcy (Another company of his went belly up)

2000
After 450 jobs cut and $330 million in debt, Cambridge Industries files for bankruptcy (More unemployed Americans and another company Romney flushed down the toilet)

2001
SMTC begins cutting production in the U.S., shipping American jobs to Mexico (Even more unemployed Americans)

2001
Romney’s firm closes the Kansas City GST Steel plant, costing 750 workers their jobs (And even more unemployed Americans!)

2001
Romney announces he will transfer his 100% control of his firm to other managing directors

2002
Dade International declares bankruptcy, and thousands of jobs are lost (Do I need to repeat myself again?)

2002
Romney announces he will run for governor

2003
$60 million: Romney raised a gas tax by 400% to raise taxes by $60 million each year. (He raised gas tax by FOUR HUNDRED PERCENT)

2004
$8 billion: Romney proposed adding an additional $8 billion in long-term debt to Massachusetts.

2005
$930 million: Under Romney, state spending increased by $930 million in 2005.

2006
47th out of 50: Over Romney’s term, Massachusetts fell to 47th out of 50 states in job creation. (Unemployed Americans everywhere, thanks to Romney)

2007
$1 billion: Romney leaves Massachusetts with a budget deficit of $1 billion.

Jesus thought we should help the poor. He never called them victims.


Mark 10:21-22 Jesus, looking at him, loved him and said, "You lack one thing; go, sell what you own, and give the money to the poor, and you will have treasure in heaven; then come, follow me." When he heard this, he was shocked and went away grieving, for he had many possessions.

Luke 6:20-21 Then he looked up at his disciples and said: 'Blessed are you who are poor, for yours is the kingdom of God. Blessed are you who are hungry now, for you will be filled. 'Blessed are you who weep now, for you will laugh.

Mark 12:41-44 He sat down opposite the treasury, and watched the crowd putting money into the treasury. Many rich people put in large sums. 42 A poor widow came and put in two small copper coins, which are worth a penny. 43 Then he called his disciples and said to them, "Truly I tell you, this poor widow has put in more than all those who are contributing to the treasury. 44 For all of them have contributed out of their abundance; but she out of her poverty has put in everything she had, all she had to live on."

Matthew 25:34-36 Then the king will say to those at his right hand, "Come, you that are blessed by my Father, inherit the kingdom prepared for you from the foundation of the world; for I was hungry and you gave me food, I was thirsty and you gave me something to drink, I was a stranger and you welcomed me, I was naked and you gave me clothing, I was sick and you took care of me, I was in prison and you visited me."

Luke 14:12-14 He said also to the one who had invited him, "When you give a luncheon or a dinner, do not invite your friends or your brothers or your relatives or rich neighbors, in case they may invite you in return, and you would be repaid. But when you give a banquet, invite the poor, the crippled, the lame, and the blind. And you will be blessed, because they cannot repay you, for you will be repaid at the resurrection of the righteous."

I see how well obama has done.

Four years after Barack Obama's historic election as president, little seems to have changed for the African-American communities on Chicago's South Side.

The lack of change -- or the sense that these neighborhoods are getting worse -- is eroding the president's standing among African-Americans in his hometown.

In 2011, Chicago suffered the third-highest black jobless rate among the nation's major metropolitan areas, at 19 percent, according to the liberal Economic Policy Institute.

Chicago still lacks enough affordable housing. Not only did the city demolish 25,000 public housing units in the previous decade, it also experienced more than 80,000 foreclosures, mainly in low-income neighborhoods.

Chicago "black nationalist" Eddie Read contends Obama has never fought for the black community. "I would not honestly tag Obama as a fighter for black people, black agenda or black issues," Read told The Washington Examiner.

After Obama's election, Read said, "I hoped that it would change."

But four years later, as he looks around Chicago's neighborhoods, he said things haven't improved under Obama.

"I don't see where the quality of life or the quality has changed," he said, "except that it's worse."

Dr. Conrad Worrill is an African-American educator, activist and former radio talk show host on Chicago's African-American-oriented station WVON. He told the Examiner that Obama was an inspirational speaker who moved people. But in the end, he became just another Chicago politician.

"His rise in politics, his trajectory in politics has led him to make adjustments in his political decision-making. And that's the case with many politicians. So he's no different from many others in that regard. He's a politician," Worrill said.

Cheryl Johnson and her mother, Hazel, lived in the economically deprived Altgeld Gardens housing project when young Obama was a community organizer there. Her late mother also was an organizer at the housing complex and often welcomed Obama into her kitchen.

"He's everybody's president," Cheryl Johnson told the Examiner, saying she is proud she knows him. But has he made a difference? "We, as poor people, don't feel it and don't see it," she said. Read believes Obama's problem is that he does not understand the unique needs of Chicago blacks.

"Obama came through Chicago through Saul Alinsky organizing," he said. "The Alinsky piece seemed to have had an agenda about what it thought was in the best interest of black folks, from the white liberal perspective."

Obama instead allied himself with Chicago's MacArthur Foundation, local housing nonprofits and real estate developers. Valerie Jarrett and Allison Davis, Martin Nesbitt and Tony Rezko -- all Obama friends -- were at the epicenter of that powerful coalition.

Obama's low-income-housing campaign still resonates among Chicago's poor today. Deborah Taylor, a public housing tenant in the Kenwood section of Chicago, also told the Examiner things are as bad as ever for poor tenants.

"The residents at the end of the day still suffer here," she said. "A lot of times a lot of people start out idealistically thinking they are helping," Taylor said.

"I don't think any of them are in favor of the tenants," she said. "Everybody's in it for the money. It's all about profit now. So the residents lose, lose, lose."

D'Anna Carter, a neighborhood activist in Chicago's Woodlawn section, singled out the Habitat Co., which was run by Jarrett, now Obama's closest White House adviser.

"They were never interested in poor people," she told the Examiner. "They would sell poor people a bill of goods," she said bitterly in an interview.

Wardell Lavender has been a Woodlawn resident since 1951. His was the first black family to move into the neighborhood. He also blames Habitat.

"Habitat was bad landlords at the time. They didn't care too much about the blacks," he told the Examiner.

According to the U.S. Department of Housing and Urban Development, the enticement to the poor to buy condos they could not afford caused widespread losses in Chicago.

Foreclosures fell hard on Chicago's poor residents. The Urban Institute reported in May 2009 that most were displaced or homeless, credit ratings were damaged and violence increased as empty units remained vacant.

Worrill said he still supports Obama but adds that the lack of progress in Chicago's black community is palpable.

"He has been supported, but the position he's in now, he's in a heck of a predicament."

http://washingtonexaminer.com...

we accelerated the Arab Spring by interfering with Libya and now throwing equipment to Syria

when you stonewall a Congressional investigation about Fast and Furious that is not national security... that is a lack of transparency... unless letting guns walk across the border without no traces on them has a national security issue behind the story

when you start using drone strikes in other countries without approval of using them that is interfering with a country's sovereignty and against international law... especially when we go into another country's territory and kill someone without their notification and approval...

whats laughable is that obama is saying before his presidential campaign in 2008 that we would be out of these wars in a matter of a year or two... 4 years later we transferred a good portion of soldiers from iraq to afghanistan (even when obama said shortly after being elected he would take out over half the troops from afghanistan and iraq out by may 2010 but only increased deployment)... and the whole plan of being out of afghanistan by 2014... that was set up by bush not obama he is just going along with the plan...

so if the plan to decrease NASA funding by Bush is set before Obama in president... why is Obama going along with the plan if he feels a need for high technological investments in this country? if he felt a need to keep science going along he could have fought to keep NASA funding but he easily went along with it

yeah NASA continues to launch UNMANNED projects into space, the majority of them just orbiting our planet... there is no new plans to have a MANNED mission go past the means of orbiting or going to the space station

and if the claim of outsourcing to Russia is false then why do we have to send our astronauts to Russia to jump on ship to go to the space station?