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Mitt Romney Politics Republican Tax taxes United States

Mitt Romney Admits His Tax Rate Is Probably 15 Percent

Ever wonder why Mitt Romney is so hesitant to do the right thing and release his tax returns? Well maybe the reason has something to do with his tax rate – a rate the Republican frontrunner admits is “probably” less than 15%.

Meanwhile, middle class America pays a rate of 38%.

GOP presidential front-runner Mitt Romney on Tuesday said he probably pays a tax rate of about 15 percent.

Romney, who has come under pressure from Republicans and Democrats alike to release his tax forms, said most of his income is in long-term capital gains, which is hit with a 15 percent rate.

“It’s probably closer to the 15 percent rate than anything, because my last 10 years, I’ve — my income comes overwhelmingly from investments made in the past, rather than ordinary income, or rather than earned annual income,” Romney said during a press conference in Florence, S.C. “I get a little bit of income from my book but I gave that all away. And then I get speakers’ fees from time to time but not very much.”

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Barack Obama Politics United States

For Congressional Approval, It’s How Low Can You Go

You couldn’t get this low of an approval even if you tried.

Hammered by bipartisan discontent with its partisan rancor, the U.S. Congress reconvenes Tuesday with its lowest approval rating on record in polls dating back nearly 40 years –ideal fodder not just for late-night comedians, but also for President Obama in the election year ahead.

Just 13 percent of Americans in the latest ABC News/Washington Post poll approve of the way Congress is handling its job, while 84 percent disapprove – its worst rating in poll results since 1974. Sixty-five percent disapprove “strongly,” a vast level of high-intensity criticism.

Congress’ rating is a broad 35 points below Obama’s 48 percent approval, the biggest gap between approval of the president and Congress since 1990

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GOP lies Mitt Romney Politics republican debate South Carolina

Mitt Romney Is A Liar – He Said Obama Had No Jobs Plan Over Last 3 Years

Is this the example Republicans are looking for? Someone who will look into the television machine and lie to the nation?

In tonight’s debate, Mitt Romney, on more than one occasion, lied!

The one we’re bringing to light here is his false claim by Mitt Romney that President Obama has been in office for three years, and never brought a jobs plan to congress.

We’ve got a president in office three years, and he does not have a jobs plan yet. I’ve got one out there already and I’m not even president yet.”

We’re not sure what country Romney is talking about. Heck, we’re not sure what planet he’s on, but President Obama has proposed multiple plans to get Americans back to work, with the latest plan – one that Republicans voted against – was called The American Jobs Act, and was presented to the American people just a few months ago.

You’re running for President of the United States Mr. Willard, not the Liar in Chief!

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Barack Obama Newt Gingrich Politics Racism South Carolina

Why South Carolina Would Not Vote For Barack Obama – Is It Racism?

On this day when we honor d Dr. Martin Luther King Jr., we are sadly reminded of an unfortunate fact, that here in America, there are still those who will base their opinions on the color of one’s skin, rather than the content of their character.

Today on MSNBC, the question was asked if the people in South Carolina would vote for Mitt Romney or for Barack Obama. Mr. Jimmy Williams, himself  born in South Carolina, tried to answer the question and in his answer, the ugly truth was revealed.

I think that Romney could eek out a win… I think South Carolinians would do something interesting, I think they would hold their noses because they hate Barack Obama so much. And I’ll tell you why they don’t like Barack Obama, because he’s black.

Happy Martin Luther King’s Day people… and welcome to 2012!

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Barack Obama Politics Republican South Carolina United States

Jon Huntsman Ends Campaign Calling For Unity, While Engaging In Divisive Lies

Today, Jon Huntsman – the man most people believed was the sanest, most sensible candidate in the Republican party running for his party’s nomination for president – officially quit the race.

Huntsman ended his campaign asking for “unity and trust.” In his speech, he mentioned the divisive politics that has separated and divided this country, then engaged in the same divisive politics he spent his speech denouncing, by claiming that President Obama is engaging in “class warfare.”

Let’s invest out time and resources in building trust with the American people, and uniting them around a common purpose. Three years ago, the President promised to unite the American people, yet his desire to engage in class warfare for political gain has left us more divided than ever.

Huntsman then continued his call for unity and trust.

Maybe Huntsman wasn’t the best, most sane and sensible candidate after-all. Something is definitely wrong with a person who calls for and preaches trust and unity, then in the same sentence, spews lies with the sole intent of causing mistrust and divisiveness.

Good riddance Huntsman, you had a lot of people fooled.

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Barack Obama Politics South Carolina

Jon Huntsman Quits Race – Endorses Willard Romney Instead

The New York Times reports:

CHARLESTON, S.C. — Jon M. Huntsman Jr. informed his advisers on Sunday that he intends to drop out of the Republican presidential race, ending his candidacy a week before he had hoped to revive his campaign in the South Carolina primary.

Mr. Huntsman, who had struggled to live up to the soaring expectations of his candidacy, made plans to make an announcement as early as Monday. He had been set to participate in an evening debate in Myrtle Beach.

Matt David, campaign manager to Mr. Huntsman, confirmed the decision in an interview Sunday evening. “The governor and his family, at this point in the race, decided it was time for Republicans to rally around a candidate who could beat Barack Obama and turn around the economy,” Mr. David said. “That candidate is Gov. Mitt Romney.”

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Politics Rick Santorum South Carolina

Tired Of The Negative Attacks, Rick Santorum Plans To Go Negative

Rick Santorum has had it up to here with the negative ads against him, so Santorum is making a change. No more Mr. Nice Guy, as Santorum has decided that the only way to fight negativity is with negativity.

Beginning this week, Santorum gets nasty… well, maybe not beginning this week, but… just google it!

 Presidential candidate Rick Santorum plans to open the final week of campaigning before voters go to the polls in South Carolina with his strongest assault yet on rivals Mitt Romney and Ron Paul.

Aides to Santorum told ABC News on Sunday that the former Pennsylvania senator is fed up with the negative attacks coming from the campaigns of those two opponents and from their allies. He will hold a press conference to make his displeasure known after his first campaign event of the day on Monday.

“It’s time for these negative, false attacks to stop — enough is enough,” Santorum’s communications director Hogan Gidley said in an interview with ABC News. “Mitt Romney and Ron Paul both tried these kinds of tactics in other states and they tried these same type of tactics four years ago. It’s time for Rick to set the record straight and tomorrow he will.”

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Mitt Romney Newt Gingrich Politics Rick Santorum South Carolina

Newt Gingrich – Missing In Action In South Carolina

Where in the world is Carmen San Diego? We don’t know. We also don’t know where Newt Gingrich is. He was supposed to be at an event in South Carolina, but last time we checked, the event went un-Newt-ered!

Republican presidential candidate Newt Gingrich was greeted with a standing ovation when he was announced at a barbecue.

Too bad the former House speaker wasn’t around to see it.
He was inexplicably missing, and his absence forced the event’s moderator to ask awkwardly, “Can we check and see where the speaker is?”

It was just one in a string of clumsy, head-scratching events staged by the Gingrich campaign since the Republican primary moved to South Carolina, a state that the candidate says he must win if he wants a shot at the nomination.

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Mitt Romney Politics Republican South Carolina Steven Colbert

New Ad – “Mitt Romney Is A Serial Killer!”

Help stop “Mitt The Ripper!”

 “As head of Bain Capital he bought companies, carved them up, and got rid of what he couldn’t use. If Mitt Romney really believes ‘Corporation are people, my friend,’ then Mitt Romney is a serial killer.”

If you believe Corporations are people…, help stop Mitt the ripper.”

The Colbert Report
Get More: Colbert Report Full Episodes,Political Humor & Satire Blog,Video Archive

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Mitt Romney Newt Gingrich Politics Rick Santorum

Judge Rules Against Rick Perry And Other Republican Candidates In Virginia Lawsuit

Judge John Gibney heard the case brought by Rick Perry and the other Republican candidates who joined the law suit, and he made the decision. Perry and the other candidates will not compete in Virginia. They knew the rules and did not do what was necessary to get their names on the ballot in a timely fashion.

“They knew the rules in Virginia many months ago; the limitations on circulators affected them as soon as they began to circulate petitions,” he writes. “The plaintiffs could have challenged the Virginia law at that time. Instead, they waited until after the time to gather petitions had ended and they had lost the political battle to be on the ballot; then, on the eve of the printing of absentee ballots, they decided to challenge Virginia’s laws. In essence, they played the game, lost, and then complained that the rules were unfair.”

The decision means Perry, as well as Newt Gingrich, Rick Santorum and Jon Huntsman, will not appear on the ballot in the state’s March 6 primary.

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Mitt Romney Politics Republican

Some Dumb Things Mitt Romney Have Said

This man wants to be you president. God help us all!

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Boston Mitt Romney Newt Gingrich Politics South Carolina

Mitt Romney Also Took Jobs Away From South Carolina – Made Millions For Doing It

David Wren writes: 

Boston-based Bain Capital LLC more than doubled its money on GS Industries Inc. [of South Carolina] – the former parent company of Georgetown Steel – under Mitt Romney’s leadership in the 1990s, even as the steel manufacturer went on to cut more than 1,750 jobs, shuttered a division that had been around for 100 years and eventually sank into bankruptcy.

Bain Capital spent $24.5 million to acquire GS Industries in 1993, according to an investment prospectus for the company that was obtained by the Los Angeles Times and reviewed by McClatchy Newspapers. By the end of that decade, Bain Capital estimated its partners had made $58.4 million off its investment in GS Industries, according to the prospectus.

Bain Capital’s partners also earned multimillion-dollar dividends from GS Industries and annual management fees of about $900,000. But by the time GS Industries filed for bankruptcy protection in 2001, it owed $553.9 million in debts against assets valued at $395.2 million.

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