Speaking of great convention speeches….



3:0 ET approx – Michelle Obama in Milwaukee (CBS live streaming)


Back later, chat away 😉


192 Responses to “Speaking of great convention speeches….”

  1. 1 vcprezofan2
    August 23, 2012 at 2:30 pm


  2. 2 lamh35
    August 23, 2012 at 2:31 pm

    good Afternoon TOD!

  3. 3 cookemom
    August 23, 2012 at 2:33 pm

    I didn’t know the TOD train had left the ‘Joining Forces’ station. Congrats vcprezofan2

    • 4 vcprezofan2
      August 23, 2012 at 2:37 pm

      Thanks CM. I happened to look out the train window at just the right moment; had no time to formulate more than a grin. 😀

      • 5 vcprezofan2
        August 23, 2012 at 2:44 pm

        CC, what a good idea refreshing our convention-speech metre as Willard gets ready to ramble! You have such ‘timely’ ideas! 😆 😆 Not to mention that these two speeches are bound to be pride boosters in the village. 😉 Willard was saying in the interview linked earlier that he hadn’t prepared his speech yet. /roll/

  4. August 23, 2012 at 2:37 pm

    Couple of mid-day thoughts ….

    And, one suspects, a few folk at the DNC will be sharing their reflections on these matters.

    Also, Chips, I posted this comment on the previous thread and am repeating it here because it is an essential element of the brilliance of leadership by President Obama as he approached the OBL mission:

    Just remember – whomever this dude is beside the point – had President Obama not been tactically as smart as he is and made the demand that additional choppers and personnel were part of the mission, when that attack chopper crashed, there would have been one hell of a mess trying to improvise getting everyone out of that compound. That insight on the part of the President, more than any other, is what has impressed me because he likely saved not just the mission but many of those SEALS lives.

  5. 12 Tally
    August 23, 2012 at 2:42 pm

  6. 13 Tally
    August 23, 2012 at 2:43 pm

  7. August 23, 2012 at 2:44 pm

    OMG. Thank you Chips for showing me the video that, at the time, I said to anyone who’d listen: “This man will be president”. From the day he announced in the extremely frigid Springfield IL. winter I supported him. Our president is a man of vision, courage and integrity. No one in my lifetime of voting holds a candle to PBO.

  8. 17 Sharon
    August 23, 2012 at 2:50 pm

    Michelle’s rally in Milwaukee has started streaming on CBS. Her event in Indianapolis is a fundraiser and will not be shown.


  9. 19 Tally
    August 23, 2012 at 2:52 pm

  10. 20 Debz
    August 23, 2012 at 2:56 pm

    If this hasn’t been posted yet It’s pretty funny. POTUS has a great sense of humor.


  11. 21 Tally
    August 23, 2012 at 2:58 pm

  12. 22 Tally
    August 23, 2012 at 3:01 pm

  13. 23 Ladyhawke
    August 23, 2012 at 3:10 pm


    Huckabee digs in behind Akin

    By Alexander Burns


    Todd Akin hasn’t had many high-profile supporters with him in the trenches this week, but Mike Huckabee became an important and emphatic exception Thursday afternoon, sending a message to his own supporters accusing Republican elites of trying to drum a good man out of a winnable Senate race. Here’s what Huckabee said in an email to his list this afternoon:
    Who ordered this “Code Red” on Akin? There were talking point memos sent from the National Republican Senatorial Committee suggesting language to urge Akin to drop out. Political consultants were ordered to stay away from Akin or lose future business with GOP committees. Operatives were recruited to set up a network of pastors to call Akin to urge him to get out. Money has changed hands to push him off the plank. It is disgraceful.



  14. 29 Ladyhawke
    August 23, 2012 at 3:19 pm


    Obama Asks Romney How Many Teachers’ Jobs Are Worth Tax Cuts For Millionaires?

    By Jason Easley


    On a wide range of issues, these are the choices we face. Do we want invest in fixing America’s roads and bridges, or do we want to give trillions of dollars in tax cuts to the wealthy? Do we want to give more people access to healthcare, or do we want to take resources away from those in the middle and bottom and redistribute them to the top?

    Mitt Romney won’t answer these questions. Heck, he won’t even give the American people specifics about what he intends to do if he is elected. He doesn’t want to tell you his plans, because he doesn’t want you to have the ability to make an informed decision.

    President Obama is asking the right questions, and in about a month, Mitt Romney is going to have to stand across from him on the debate stage and give us all answers.



  15. August 23, 2012 at 3:19 pm

    😀 😀 😀 😀 😀

    Tweet of the day, for sure!!

    • 31 jacquelineoboomer
      August 23, 2012 at 3:25 pm


    • 33 57andfemale
      August 23, 2012 at 3:40 pm

      Some background for those of you who don’t know this story: Hannity was going to pre-tape the segment. Stephanie was concerned that it would be edited to mean what she didn’t mean to say. She remembered that the Democratic country singer who had done a segment with Hannity and Colmes during the Bush years, had her segment cut when he found out she wasn’t a firebreathing Republican.

      So Stephanie told Hannity she wanted to do the segment live, and he cancelled.

      The National Review may think that having sons makes a guy manly, but I’ll take Stephanie’s cojones over Hannity’s any day of the week.

  16. August 23, 2012 at 3:20 pm

    Great speech in 2004. Changed the course of history. It’s at the end of his audio book version of ‘Dreams from my father’,so
    I listen to it every now and then when I want to be inspired. Thanks for this posting Chips.

  17. August 23, 2012 at 3:22 pm

  18. August 23, 2012 at 3:25 pm

    That video reminds me of the day I fell in love with President Obama. 😉

    • 40 jacquelineoboomer
      August 23, 2012 at 3:29 pm

      🙂 And lived happily ever after!

      It was also the day I realized that although my generation wanted finally to see a “woman President,” it couldn’t be just any woman, so – without any baby boomer guilt – I turned 100% of my support to candidate Barack Obama! Ditched Hillary the same day, through that campaign, all the way up to her being confirmed for her new job as SOS, and now I deeply appreciate her support of the President as a part of his administration.

  19. 41 dotster3
    August 23, 2012 at 3:26 pm

  20. August 23, 2012 at 3:30 pm

    It took 3 1/2 hours, BUT I just picked up my ticket to hear President Obama speak at the convention.

  21. 51 utaustinliberal
    August 23, 2012 at 3:32 pm

    FLOTUS is on fire! Can’t wait to hear her speak at the convention.

    • 52 hopefruit2
      August 23, 2012 at 4:12 pm

      Miss Ann is on fire taking some serious notes in her Michelle 101 course. She’s aiming for at least a B+ in this class.

  22. 53 isonprize
    August 23, 2012 at 3:38 pm

    Love, love, LOVE this tune. Sometimes the campaign uses it for PBO, today they chose it for FLOTUS after she finished!!

    Raphael Saadiq — Keep Marchin’

  23. 54 Ladyhawke
    August 23, 2012 at 3:38 pm


    Mitt Romney’s `just trust me’ campaign, explained

    By Greg Sargent


    At any rate, this is now the third area in which Romney has refused to share specifics on the explicit grounds that so doing would be bad politically for him. Romney has repeatedly said he won’t release his tax returns because Democrats will find things in them to attack. And he has vowed to eliminate whole government agencies, but has confirmed that he won’t specify which ones precisely because his failed Senate bid taught him that getting too specific puts him at risk of losing. As Jonathan Chait has written, this is akin to saying: “One of the things I have found in previous elections is that announcing my plans makes people want to vote against me.”



  24. 55 dotster3
    August 23, 2012 at 3:42 pm

    It does look like the S.E. Cupp show—–she is allowed to dominate—-as I’m typing she’s asking if the Obama admin. has really messed up with China—–some guy is showing his scary film with scary music—“Death by China”— saying China wants to kill Americans! New boogeyman!

    • 56 Lovepolitics2008
      August 23, 2012 at 3:56 pm

      God I think they’re so blatant, they’re so ridiculously over the top that those attacks won’t stick.

      You know what ? The more I think of it, the more I see an upside to the CONSTANT Obama bashing by the GOP in the last four years. It renders their CURRENT attacks much less effective. And in the same vein, can we hope that the current attacks of democrats aimed at the GOP are MORE effective because dems, contrary to repubs, have demonstrated much more restraint in the last few years.

      • August 23, 2012 at 4:32 pm

        One reason they don’t work is The Cycle doesn’t have The Audience.

        • 58 jackiegrumbacher
          August 23, 2012 at 5:13 pm

          This is true, derbingle. Except on TOD, I have never heard a single reference to this show and most people would would wonder if SE CUPP were some kind of drinking glass.

  25. 59 nospin
    August 23, 2012 at 3:44 pm

    Romney says it is against his religion to show how much money he gave to his church and that is the reason he won’t release more tax returns

    Mitt Romney said one reason he doesn’t want to release more of his tax returns is because it would show how much money he has given to the Mormon Church.

    “Our church doesn’t publish how much people have given,” Romney said in an upcoming interview with Parade magazine.


    • August 23, 2012 at 3:51 pm

      He probably lied about how much he made to the church too, so if he discloses his tax returns, the church will see them.

    • 61 isonprize
      August 23, 2012 at 3:55 pm

      Oh, right… because George Romney wasn’t Mormon. Wait. What?

    • 66 Lovepolitics2008
      August 23, 2012 at 3:57 pm


    • August 23, 2012 at 4:00 pm

      Yeah well, I have this to say to #BainMitt ….

      And, others …

    • 68 PoliticalJunkessa
      August 23, 2012 at 4:09 pm

      So, just block out the church donation part. Problem solved.

      This jackass really does think we’re stupid. He really does have nothing but disdain for the people.

    • 69 criquet
      August 23, 2012 at 4:25 pm

      This guy is such a condescending jerk .Just black out the amount paid to the Church .Even if one could guess from the rest of the returns some sort of figure you would never know for sure. He has shown for 2010 so that is just another lie.

      He really thinks “you people ” are stupid. I hope “you people ” show him on Nov 6th.

      • 70 japa21
        August 23, 2012 at 4:27 pm

        DExcuse nme, but didn’t the return he did release show how much he gave the church? So didn’t he go against the rules then?

  26. 71 Don
    August 23, 2012 at 3:48 pm

    The Republican convention is turning into a feast for the eyes and ears. First of all you’ve got Mike Huckabee looking to go to war with anyone that says something bad about Todd Akin, and then you have Ron Paul and his people planning some sort of coup, and last but not least you’ve got a goddamn hurricane bearing down on the coast of Florida. Oh, and by the way, they’re allowing guns at the convention. Did I mention anything about the tea-baggers?

  27. 73 dotster3
    August 23, 2012 at 3:51 pm

    Miss Ann’s parents did get to see their daughter marry——-in their home in Mi.—–the day before they weren’t allowed in the ceremony in the Mormon Temple—–(in case you were feeling really bad about this)
    Miss Ann was a copier even then—-copied Julie Nixon’s wedding dress. Those Romneys sure have troubs coming up with ideas of their own—–insecure.

  28. 80 hopefruit2
    August 23, 2012 at 3:58 pm

    • 81 57andfemale
      August 23, 2012 at 4:17 pm

      What an effing coward. How in God’s name is this man remotely close to the Presidency?

    • 85 jackiegrumbacher
      August 23, 2012 at 5:21 pm

      I don’t think a more cowardly person has ever dared to run for the presidency. We need to make this point over and over again., If the guy can’t face a reporter how on earth is he going to face the really tough challenges in the world. Does he think that every world leader is going to tread lightly on his little feelings. What a complete and absolute dork.

  29. 86 ChristiMTL
    August 23, 2012 at 4:00 pm

    CBS Denver reporter says she was told before Romney interview ‘no q’s about abortion or akin’

  30. 91 criquet
    August 23, 2012 at 4:15 pm

    Important things to note:

  31. 92 Tally
    August 23, 2012 at 4:19 pm

    Guys – I really think it would be smart to start reframing the BIG PICTURE and pointing to THOSE WHO FUCKED US > the TEAGOP. We all know how awesome our POTUS is. The people we’re trying to convince – those who haven’t paid attention – need to know WHY we’re still not out of the ditch, and it has nothing to do with President Obama working his ass off. It’s all due to the NON-STOP OBSTRUCTION of the TEAGOP.

    Getting PBO reelected will be easier if we can focus like a laser on the endless filibustering, 24/7 obstruction, and irresponsible insane stupidity boarding on seditious behavior of the TEAGOP. It will also help flush the crazies out of Congress.

    Please help me. Those of you who keep resisting Twitter need step up, and HELP US. Things that TREND on TWITTER (when millions of us mention the same thing or #thing over and over, GET REPORTED ON a lot of the time. The media pays attention. You don’t need to come up with clever things to say yourself, you just need to follow the TOD twitterers and click RETWEET on our tweets. You can do it FROM the ones posted on this website: IT’S EASIER THAN POSTING HERE.

    It’s TIME TO STEP UP. This is the most important election in my lifetime. LET’S GO.

    • August 23, 2012 at 4:25 pm

      Tally I noticed your tweets upthread and applauded. I wholeheartedly agree with you. I hate it when people talk about “congress” with a broad brush and don’t pin the blame on the TEAGOP and the Repug caucus for obstructionism that has slowed the recovery. Wish I could Tweet about this, but I have to be nonpartisan. I keep spreading the word in other ways. Thanks for ALL you do – fellow LOTR-fan.

      • 94 Tally
        August 23, 2012 at 4:56 pm

        Make a second Twitter account – where you CAN be partisan. Make up an ID – be your CAT. ANYTHING.

        I have a nonpartisan account: @DramaAfterDark_ for my Poe/Gorey show…..

    • August 23, 2012 at 4:33 pm

      Is it the retweets that drive the trend or is or is it the favorites? In other words, does retweeting or favoriting cause a tweet to trend. Sometimes I look at sentences that I write and think “Five years ago that would have made no sense.”

    • 99 hopefruit2
      August 23, 2012 at 5:03 pm

      Excellent idea, Tally. I’ve happily retweeted all your tweets on this thread so far 🙂

    • August 23, 2012 at 8:31 pm

      I retweet like crazy. If I get behind reading I go thru and make sure I RT all before leaving a thread.

  32. 103 criquet
    August 23, 2012 at 4:19 pm

  33. 104 nospin
    August 23, 2012 at 4:23 pm

    Scott Brown’s Voting Record Should Be Off-Limits, Says Scott Brown

    Sen. Scott Brown (R-Mass.) seems to have a new message for his Democratic Senate rival Elizabeth Warren:
    “I don’t need Professor Warren talking, or speaking, or commenting on my votes”


  34. 107 nospin
    August 23, 2012 at 4:25 pm

    Federal Reserve Sells Last Of Its Stake In AIG, Turns $18 Billion Profit | The Federal Reserve of New York sold the last of its stake in American International Group (AIG), the insurance giant bailed out by the federal government in 2008. In selling the last of its assets related to the AIG bailout, the Fed earned an $6.6 billion profit for taxpayers, bringing its total profits from the AIG rescue to $18 billion, CNN Money reports. The U.S. Treasury, which also expects to earn a profit on the sale of its AIG assets, still owns $29 billion in AIG stock, roughly 53 percent of the company.


  35. 108 Ladyhawke
    August 23, 2012 at 4:26 pm

    Where To Find Obama’s Medicare Plan

    By Matthew Yglesias


    David Brooks says that one of the great virtues of Paul Ryan is that at least he has a plan:

    But to be fair Romney and Ryan do have an incredibly brave and sensible Medicare reform package on offer. It’s written down. It’s on paper. I don’t see anything comparably brave from the Democratic side.

    How “brave” a plan is to make Medicare more favorable to the interests of insurance companies and health care providers I couldn’t tell you. But the implication here that Obama doesn’t have a plan that’s “written down” is simply mistaken. Obama’s budget ideas are written down exactly where you’d expect them to be, in the Fiscal Year 2013 budget proposal. If you want a proposal for reducing the projected rate of Medicare spending, more specifically under the heading “health savings” starting on page 33. I don’t have it in paper, but here’s a PDF. You’ll see that Obama adopts the exact same GDP + 0.5% growth rate target as Ryan. There are a whole raft of specific proposed changes to premium and payment formulae here and then as a fail-safe proposes more aggressive use of IPAB to ensure that spending doesn’t go over the threshold.



    • 109 EricFive
      August 23, 2012 at 5:08 pm

      David Brooks is willfully ignorant. He has to lie, distort and twist himself into pretzels in order to write or say something favorable about today’s GOP in general and Mitt/Ryan in particular.

  36. 110 hopefruit2
    August 23, 2012 at 4:33 pm

    So now religion is being brought in as an excuse…I thought religion was completely off-limits for discussion?!?!?!?

  37. August 23, 2012 at 4:35 pm

  38. 116 isonprize
    August 23, 2012 at 4:37 pm

    Go NANCY SMASH!!!!

  39. 122 isonprize
    August 23, 2012 at 4:56 pm

    (cautious) Good News in PA

    • 123 japa21
      August 23, 2012 at 5:06 pm

      Good news I think. Perhaps, if they already knew they would uphold it, they wouldn’t expedite. But then I can think of reasons they would anyway. The key is what they will ultimately decide.

      • 124 jackiegrumbacher
        August 23, 2012 at 5:28 pm

        They expedited it because of the urgency of the timing. It’s not unusual for them to do this. What would be unusual is for them to overturn the commonwealth court judge. I don’t think any court is going to help us now. We’ve got to get people registered with the proper ID or steer them into absentee ballots.

  40. 125 utaustinliberal
    August 23, 2012 at 4:58 pm

  41. August 23, 2012 at 5:02 pm

    It’s gonna be brutal in Tampa ….

    Hell, maybe it is ‘Good news for John McCain’!!!! They may have to draft him 😀 😀 😀 😀 😀

    • 128 EricFive
      August 23, 2012 at 5:26 pm

      Mitt was forced down his party’s throat by the GOP establishment. That is why during the GOP primaries, voters employed an “anyone but Mitt” strategy that resulted in Bachman, Santorum, Newt, even Herman Cain briefly usurping Mitt. It will be interesting to see how much control the GOP establishment will be able to exert over the party’s TP base at the Convention (i.e., will blind hatred of PBO be enough to keep the lunatics in check). Mitt is a weak and unlikable candidate who may face a major embarassment at the Convention. Personally, I hope Mitt remains the nominee (which is the most likely outcome). His inept candidacy has failed to generate any excitement or enthusiasm. Absent any surprises or dirty tricks, PBO’s coattails may be big enough to win back the House.

      • 129 dotster3
        August 23, 2012 at 5:53 pm

        Even the Donald had his brief, gaudy, birther moment in the sun, as they began flailing about in their desperate search for Anyone But Stiff Mitt.

  42. 130 hopefruit2
    August 23, 2012 at 5:04 pm


  43. 136 Tally
    August 23, 2012 at 5:15 pm

    OMFG – can you help this girl (and others like her) WAKE UP – or is this a real twitter person or a fake?

    • August 23, 2012 at 5:18 pm

      Probably fake; purchased by Rove … I’d just block it, Tally, and move on …

    • 138 utaustinliberal
      August 23, 2012 at 5:19 pm

      I wonder how much Romney paid for that fake twitter account.

    • 139 hopefruit2
      August 23, 2012 at 5:21 pm

      I believe she’s real. I got into an argument with her the other day on Twitter. She actually maintains a pro-Republican blog. She seems fairly intelligent but extremely naive and brainwashed. She was bragging about how people at a Ryan rally in Virginia told her how much they “LOVED Herman Cain.” I told her, that in itself was a classic example of how racist Republicans try to hide their racism..and she retweeted every thing I tweeted her.

      • 140 Tally
        August 23, 2012 at 5:26 pm

        I find it hard to believe that many African Americans are so naïve and full of self-loathing as I’ve seen on Twitter.

      • 145 cookemom
        August 23, 2012 at 5:27 pm

        If this person is real and not a paid (times are hard) troll, then it’d probably easier putting arms on Venus Di Milo, than changing her mind. We can’t and won’t win them all.

      • 146 hopefruit2
        August 23, 2012 at 5:27 pm

        Here’s a tweet from our very brief exchange on Aug 12

      • 147 EricFive
        August 23, 2012 at 5:33 pm

        I agree she seems naive based on her Herman Cain story . In addition, she probably also knows that the fastest way to get some attention is be black and anti-PBO. Those at that Ryan rally probably made her feel pretty important. She will find out soon enough that they will use her up and throw her away once she is no longer useful.

        • 148 Tally
          August 23, 2012 at 5:39 pm

          Or when they don’t allow her to vote …

        • August 23, 2012 at 5:40 pm

          They love Herman Cain. And I’m sure that some of their best friends are black.

        • 150 dotster3
          August 23, 2012 at 5:45 pm

          I see she said she’s not going to allow Obama to “pander to her, give her free stuff”. Sounds like someone’s feeding her, messing with her brain. At least she can probably get a front row center seat at the RNC convention. Diversity camera will be pointing toward her, 10 minutes of fame!

          • 151 cookemom
            August 23, 2012 at 5:52 pm

            This does not sound like an AA in verbiage. Even if she were, it’s not the language or syntax. The only thing available is a picture and a and a @ sign. This makes her real? Nope, this person may be real, but not AA. Not to mention the name Savannah. Someone’s trying too hard.

          • 155 TrumpDog
            August 23, 2012 at 6:07 pm

            She’s a fucking idiot. I don’t know anyone that does not want free stuff. But I guess that’s supposed to be a bad thing now.


        • 156 hopefruit2
          August 23, 2012 at 5:47 pm

          Yes, I’m looking forward to checking back on that blog in four years.

    • 157 Cman
      August 23, 2012 at 5:45 pm

      Hmm. So she is part of that 0 percent we heard so much about.

    • 159 nospin
      August 23, 2012 at 6:41 pm

      Romney can have her vote.

  44. 160 Tally
    August 23, 2012 at 5:20 pm

  45. August 23, 2012 at 5:22 pm

    • 162 EricFive
      August 23, 2012 at 5:42 pm

      Mitt is really getting desperate. Lying about tenets of his religion (which I have heard really frowns upon lying). In addition, I know Mitt does not want to remind people (especially his southern white base) about him being a Mormon, which many evangelicals view as being a “cult”. I am so happy that this tax return issue refuses to go away (despite Mitt/MSM wishes to the contrary).

      • 163 cookemom
        August 23, 2012 at 5:47 pm

        Actually, there’s a thing they call ‘Lying for the Lord’. Something about the greater good and such as also too.

        • 164 EricFive
          August 23, 2012 at 5:58 pm

          So that is why Mitt lies like a rug…He thinks he is lying for the Lord. So Mitt once again exploits a loophole.

  46. 165 Tally
    August 23, 2012 at 5:24 pm

  47. 166 nospin
    August 23, 2012 at 5:28 pm

    It Couldn’t Be More Clear That The US Economy Is Now The Envy Of The World

    With this fresh batch of Flash PMI numbers, it couldn’t be more clear that the US economy is the strongest in the world.

    Read more: http://www.businessinsider.com/us-economy-relative-strength-2012-8#ixzz24NHeYawe

  48. 169 utaustinliberal
    August 23, 2012 at 5:35 pm

    The reporter who was forbidden by Romney about asking questions regarding abortion and Akin, says that when she interviewed Pres. Obama the only limit placed on her was time. That was all. Pres. Obama never pre-screened her questions or forbade her from asking anything. Guess we know who the real leader is.

  49. 171 Tally
    August 23, 2012 at 5:37 pm

  50. August 23, 2012 at 5:49 pm

  51. 174 hopefruit2
    August 23, 2012 at 5:49 pm

  52. 179 Tally
    August 23, 2012 at 6:11 pm

  53. 180 cookemom
    August 23, 2012 at 6:13 pm

    So McWhatWasIThinkingRunningForPresident endorsed Mittiful with grand media fanfare. He blows the intro by introducing him as the next President……Obama, and we haven’t heard from him since. They put him on mothballs and won’t even let him appear on the Sunday shows. Now here’s McImTooOldForThis’s pal Huckaboo is calling out his pal Mittiful out about dissin’ Akin.

    Is McWhatever even invited to the convention, or is he relegated to shooting alligators in the Everglades with $arah Pay’em? Maybe McWhichWayIsUp and W will watch it together on the tee and vee.

  54. 185 edwina3
    August 23, 2012 at 6:18 pm

    Ha not an Onion headline, Arizona’s Maricopa County sheriff, a leading proponent of strict immigration laws, is slated to address GOP delegates during the Republican National Convention — but not at the convention itself. Instead, his Aug. 30 gig will take place near an elephant enclosure at the Lowry Park Zoo, according to a statement by the Arizona GOP.

    Read more: http://www.azcentral.com/news/articles/2012/08/23/20120823florida-arpaio-elephants-politico.html#ixzz24PUsCPFh

  55. 186 edwina3
    August 23, 2012 at 6:23 pm

    Nate Silver redeems himself by debunking the so-called most successful election predictor model that gave the win to Romney:


  56. 187 utaustinliberal
    August 23, 2012 at 6:24 pm

    Well lookey here:

    The private equity firm founded by Republican presidential candidate Mitt Romney made use of arcane techniques in several of its Cayman Islands-based funds to avoid U.S. taxes, according to a trove of Bain Capital’s private audit and finance records made public on the website Gawker today.

    The audited financial statements of one of the Cayman Islands funds make note of the use of “blocker” entities, which are used to help retirement accounts and nonprofit entities avoid some taxes. Financial statements for another fund note that it “intends to conduct its operations so it will … not be subject to United States federal income or withholding tax …”

    Those details emerge on the statements of two funds in which Romney still holds a sizeable investment, according to the financial disclosure statements he filed when he announced his bid for president.

    The publication of the Bain Documents on the Gawker website could rekindle debate about Romney’s role at the company, and specifically about Bain’s decision to domicile many of its funds in offshore locations known as tax havens.

    Critics say Romney’s investments in these funds offer just the latest example of how wealthy Americans can shelter their investments to limit the amount they pay in taxes.


  57. 190 Tally
    August 23, 2012 at 6:29 pm

  58. 191 Don
    August 23, 2012 at 6:35 pm

    At next week’s Republican Convention you are going to have more guns, bibles and pocket-sized U.S. Constitutions in one square mile than the rest of America combined.

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