2012 U.S. Presidential election thread

[Spectre]

Bill Clinton calls Romney a European style socialist:

Former President Bill Clinton, fundraising in New York City with President Barack Obama at his side, said congressional Republicans and presidential hopeful Mitt Romney have “adopted” Europe’s economic policies.

“Their economic policy is austerity and unemployment now, and then a long term budget that would explode the debt when the economy recovers so the interest rates would be so high, nobody would be able to do anything,” Mr. Clinton said to a crowd of about 50 at fundraising event Monday for Mr. Obama’s re-election campaign.

[Cbear]

Everyone better brush up on their Mountain Man skills or homeless personal garbage diving skills since regardless who wins, that seems to be the future. better learn to build snares and enjoy squirrel meat.

[Spectre]

Everyone better brush up on their Mountain Man skills or homeless personal garbage diving skills since regardless who wins, that seems to be the future. better learn to build snares and enjoy squirrel meat.

You sound like you've been reading the hunger games.

[Thumpin]

What is everyones degree in?

Mine is marketing, thus my brilliant ideas on the ufc. My goal is to be a rich capitalist pig and actually hire an endentured servant who I will rename Bartholomew.

Undergrad in engineering, masters in engineering and an MBA. My goal is to be the rich capitalist pig that uses private equity to take over the company you hire Bartholomew from, drive it into the ground and run away cackling with my millions in profit.

As for Clinton's quote above, he's just going to say anything to support the Democratic party. I would expect no less. He may be right, he may be wrong, but I doubt I'll ever see him supporting the policies of the opposing party.

[AnneStaley]

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[Jazzy Jeff]

So what is everyones stance on personal spending, longterm debt, saving, investing, etc? Its one thing to argue macro and micro economic theory but what are you doing with real dollars?

Before I state my feelings on this question I have to say sorry Thumpin I lost track of our debate. By now you guys are likely on another subject within this topic. However, if you would like to continue let me know.

As far as my stance on personal finance I think a huge problem is it is not taught thoroughly in school. At least not when I was in. Simple stuff such as balancing an account, filling out a 1040, and things in life you have to plan for and run into everyday are not talked about in school, even in college if you choose certain majors. Money is looked at as more passive than active. That should no longer be allowed. No offense to classes such as chorus, ceramics, and even some math classes but personal finance should be a must taught class in school from middle school until high school graduation at minimum.

The problem with your statement Cbear is while you are correct it is almost impossible for most to avoid debt if you are young. You have a weak economy and high unemployment so most are going back to school hoping the economy will improve as history has proven. I used to think that was a solid idea but not any longer. While I agree with being educated I find college to be a hustle, even after graduating. This may sound like a terrible idea but I am a big proponent of making classes/majors in college on various scales. What I mean by that is the price of being an art major would be different than that of an engineering major. The basis of this idea is the fact that some majors (with exceptions) are more valuable than others. In society there will always be a need for more doctors than artists generally speaking.

[Tallica1981]

I'm currently in much more debt than i would like to be, but I'm young and manage my money very well and feel when I am in my mid 30s I will be in damn good shape. I'm pretty much paycheck to paycheck at this point with a little nest egg in savings, but I have very little debt that acrues interest. Only interest is from Mortgages on 2 homes and a low amount on student loans. The rest is 0%.

[Spectre]

Mitt Romney profited off abortions:

Earlier this year, Mitt Romney nearly landed in a politically perilous controversy when the Huffington Post reported that in 1999 the GOP presidential candidate had been part of an investment group that invested $75 million in Stericycle, a medical-waste disposal firm that has been attacked by anti-abortion groups for disposing aborted fetuses collected from family planning clinics. Coming during the heat of the GOP primaries, as Romney tried to sell South Carolina Republicans on his pro-life bona fides, the revelation had the potential to damage the candidate's reputation among values voters already suspicious of his shifting position on abortion.

But the document Romney signed related to the Stericycle deal did identify him as a participant in that particular deal and the person in charge of several Bain entities. (Did Bain and Romney file a document with the SEC that was not accurate?) Moreover, in 1999, Bain and Romney both described his departure from Bain not as a resignation and far from absolute. On February 12, 1999, the Boston Herald reported, "Romney said he will stay on as a part-timer with Bain, providing input on investment and key personnel decisions." And a Bain press release issued on July 19, 1999, noted that Romney was "currently on a part-time leave of absence"—and quoted Romney speaking for Bain Capital. In 2001 and 2002, Romney filed Massachusetts state disclosure forms noting he was the 100 percent owner of Bain Capital NY, Inc.—a Bain outfit that was incorporated in Delaware on April 13, 1999—two months after Romney's supposed retirement from the firm. A May 2001 filing with the SEC identified Romney as "a member of the Management Committee" of two Bain entities. And in 2007, the Washington Post reported that R. Bradford Malt, a Bain lawyer, said Romney took a "leave of absence" when he assumed the Olympics post and retained sole ownership of the firm for two more years.

I wonder how the social conservatives will react? If I were Obama, I'd setup a third party ad to mug him with this in conservative areas.

http://www.motherjones.com/politics/...stericycle-sec

[split decision]

Condi Rice as Mitt Romney's running mate? And I was hoping he'd choose Carrot Top...

http://ca.news.yahoo.com/video/condi...080000064.html

[Emmery Myers]

None of this matters. The two party system is basically an illusion. Governments learned from authoritarian states you need to get them drunk, say you love them, lube it up, and say "just the tip" in order to run game on a population for very long.