Republican Debate: Florida (1-26-12)


ROMNEY’S TAXES: Gingrich said Romney owns shares of Goldman Sachs and lives in a world of Swiss and Cayman Island bank accounts. He said he did not “know of any American president who had had a Swiss bank account.” Romney, who all along has said he is a great money manager, said “my investments are not made by me.” They have “for the last 10 years have been in a blind trust, managed by a trustee.” His trustee invests in mutual funds and bonds, he said, and not in stocks. When Gingrich said Romney made a million dollars off of stock in Fannie Mae and Freddie Mac, Romney denied it. He said his trustee loaned money to Freddie and Fannie and received interest, like from U.S. savings bonds. His trustee diversified investments and reported the money held in Swiss accounts to the U.S. and he paid U.S. taxes on it. Romney repeated he did not inherit money and claimed to have earned it. He said his taxes and charitable contributions took about 40% of his income.

ROMNEY’S PARTY: Gingrich claims Romney voted for Democrat Paul Tsongas in 1992, and when he ran against Kennedy in 1994, he said he was an “independent” who did not want to go back to the Reagan-Bush era. Romney said he never voted for a Democrat when there was a Republican on the ballot.

FOREIGN POLICY: Paul rejects a foreign policy that says we must be the policeman of the world. He opposes nation-building.

PUERTO RICO: Santorum was asked whether Puerto Rico should become a state. He said he believes in “self-determinism” and Puerto Ricans should decide for themselves.

CUBA: Paul said the sanctions against Cuba backfired and caused the Cuban people to rally behind Castro. The Cold War is over, and they are not going to invade us, he said. Romney said he will help the people of Cuba enjoy freedom when Fidel Castro is dead. He thinks Obama has ignored Cuba and Venezuela, and wants more trade with Colombia and Panama. Santorum opposes liberalizing trade or travel with Cuba.

LATIN AMERICA: Paul opposes dictating to Latin Americans what governments they should have. He said Santorum’s definition of standing up for Latin America means supporting dictators and undermining governments through the use of money. Santorum thinks Iran and the jihadists want to set up training camps in Cuba, Nicaragua, and Venezuela. He opposes Latin American leaders Chavez, Noreiga, and Morales. He accused Obama of hanging our friends out to dry for 3 years in Colombia, and of standing with Chavez and Castro, instead of the people of Honduras. He denied wanting to use force in Latin America.

PALESTINE: All of the Republicans pandered to the Jewish vote in Florida. There is no peace between Israel and Palestine, Romney said, because he believes all Hamas wants to do is eliminate Israel and teach people to kill Jews. He incorrectly believes Palestinians do not want a two-state solution. He found fault with Obama for rightfully castigating Israel for illegally building settlements in Palestine in violation of international law. He showed ignorance on this subject by faulting Obama for suggesting a return to the 1967 borders. In an incredible statement, he said thought it was Obama who “disrespected” Netanyahu, when in fact it was Netanyahu who ungratefully and inappropriately lectured our U.S. President. Gingrich continued to defend his prior ignorant statement that Palestinians are an “invented people,” as he stated a belief that they are Syrian, Lebanese, Egyptian or Jordanian, but not Palestinian. He thinks Obama undermined Israel. He would provoke greater tensions by moving the U.S. Embassy from Tel-Aviv to Jerusalem.

MILITARY: Gingrich promised to make Jacksonville, Florida the home of a nuclear aircraft carrier battle group.

SPACE: Gingrich wants six or seven space launches a day. He reminded us when Kennedy said in May 1961: “We will go to the moon in this decade,” no American had even orbited the earth, and the technology didn’t even exist. He wants to give out prizes like the $25,000 Lindbergh received for flying to Paris. He asked: Does the Washington NASA office just sit around and think about space? 90% of those employed under his space plan would come from the private sector. He would get NASA out of the rocket business. Santorum wants young people involved in math and science, but said promising new space programs, when we are borrowing 40 cents on the dollar, is not responsible. Romney accused Gingrich of pandering, by telling NASA workers what they want to hear. He believes in a vibrant and strong space program, but described Gingrich’s plan to put a permanent colony on the moon, as an “enormous expense.” He would fire someone who wanted to spend a few billion dollars on it. He wants a space program related to commercial products. Paul would vote for only that part of the space program that supports national defense. The only things he would send to the moon are “some politicians.”

TRADE: Paul supports free trade in Latin America, including Cuba. Gingrich said the Jacksonville seaport has to be expanded, because the Panama Canal is being widened.

IMMIGRATION: Santorum wants to enforce the immigration laws we have. We need legal immigration he said, to keep our population growing. The first act of responsible immigrants is to obey our laws, and then continue respecting them. He would use the employer E-verify system to enforce immigration. He speculated illegals steal Social Security numbers (who says they are not paid cash under the table, and use no SS number at all). Gingrich pledged to control the border by Jan. 1, 2014. He would fix the visa system to make it easier to come and go. He wants to make deportation easier. He doubts grandmothers would self-deport and would not enter church sanctuaries to deport those who sought shelter. He said Miami has 94 languages, and wants English as the official one, adding everyone should learn it to get jobs. He denied calling Spanish a ghetto language. Romney said the problem with illegals is they take jobs legal residents would like, put their kids in school districts that can’t afford them, and get free health care, because emergency rooms must provide it. He favors work permits and identification cards, an E-verify system, and severe sanctions against employers who hire illegals, so those unable to find work will self-deport. He would not round up people or deport the 11 million illegally in this country. He said his father was born in Mexico. (Since the Constitution limits the Presidency to “natural born” citizens, how was his father able to run for President in 1967?) Romney wants English as the official language and schools to provide English immersion classes. Paul said resentment towards illegals goes up when the economy is down. Businesses are now looking for workers, but can’t find them. We worry about the Afghan and Pakistan borders too much, Paul said, and not enough about our own.

JOBS: Romney said there is 9.9% unemployment in Florida, but it is really 18%. Lowering corporate taxes would get people back to work, he said.

FINANCE: Paul said the Middle Class is losing their jobs and houses, but Wall Street got bailouts. He wants to bring back the gold standard, since it is mentioned in the Constitution.

HOUSING: Paul said, after the crash, the bad paper should have been auctioned off and sold, and it would have been cleansed by now. The problem was caused by excessive credit and interest rates that were too low for too long. The Community Reinvestment Act is affirmative action, he said, which tells banks to make risky loans. The line of credit from the Fed to Freddie and Fannie should have been cut. Romney said Fannie and Freddie are a big part of the housing crisis. They caused a housing bubble that collapsed, and are still offering mortgages to people who can’t afford them. Santorum wrote a letter in 2006 with 24 Senators warning of a meltdown as they requested reforms of Freddie and Fannie. He said we need to decrease the amount of mortgage that can be financed by Freddie. Gingrich said he told Republicans in July 2008 to deny money to Freddie and Fannie.

ENVIRONMENT: Gingrich said the Everglades Restoration Project must be completed.

HEALTH CARE: Santorum said medical savings accounts would get consumers involved in the cost of health care. He reminded voters that Romney and Gingrich supported the individual mandate, and if they are nominated, the issue will be forfeited to Obama. He claims people in Mass are now opting to be fined, because the cost of health insurance is too high. Paul said health care is a greater priority than going to the moon. Health insurance should be affordable for individuals, he said, so employed or not, they can have it. He claims the cost of medicine went up, because the government distorted that sector of the economy, and pumped money into it. He repeated his unfounded belief that before Medicare and Medicaid, nobody was on the streets without health care. Gingrich said the system that existed in the early 1960s was fundamentally less expensive. Romney said it doesn’t make sense to lose your health insurance if you lose your job. He insisted on personal responsibility in Mass to end free riders. He distinguished his plan from Obama’s, saying the President’s cuts Medicare 500 billion, and raises taxes 500 billion.

BUDGET: After Gingrich repeated his claim he balanced budgets four times in the 1990s, Paul pointed out the National Debt actually went up by a trillion dollars in those years, because money was taken from the Social Security Trust Fund. He said neither Reagan nor Gingrich had balanced budgets, as the National Debt went up. Santorum said we must get our financial house in order.

TAXES: Santorum opposes a 0% capital gains tax, saying guys like Romney wouldn’t pay much at all. He theorized when tax rates increase, the rate of return decreases, leading to investments in non-taxable instruments. He said a 28% top bracket was good enough for Reagan, and is good enough for him. His lower bracket would be 10%. Gingrich was asked why under his tax plan he would let someone like Romney pay nothing, and Gingrich said he wants everyone to pay 15%. Paul favors getting rid of the 16th Amendment, which allows income taxes, and said we also would have to get rid of the warfare and welfare systems.

RELIGION: Romney thinks our nation is based on Judeo-Christian ethics. He would seek the guidance of providence in making critical decisions. When the Founders drafted the Declaration of Independence, he said, they referred to being endowed with certain inalienable rights. Gingrich would seek guidance from God. He thinks there is an aggressive war being fought by secular elites in the news media and in the judiciary, against the Christian religion. Santorum actually believes the Constitution exists “to do one thing: protect God-given rights” and said our rights are “god-given rights and not government-given rights”

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