Posts tagged ‘Housing’

11/04/2012

Undecided Voters: Economic Issues

The better choice on each issue is in the left column, indicated by a (D) for Democrat, (R) for Republican, or (N) for neither.

(D) DEFICITS AND DEBT: Which party has shown an ability to end deficit spending and produce surpluses? Reagan made drastic tax cuts for the rich in 1981 and 1986, and tripled the debt. Bill Clinton’s budget in 1993 was passed by Democrats, without a single Republican vote, and it led to surpluses. Little Bush cut tax rates again, started an optional war in Iraq, and failed to request taxes for it. He just handed a great recession to Obama. While right-wing Republicans control the House, and promise to spend more on the military, they stubbornly refuse to tax for it. There’s no reason to believe they are capable of managing the debt.

(D) TAXES IN GENERAL: Which party is more likely to implement fair tax policies that may correct the deficit and debt. Romney said he would not raise taxes. (1-8-12). He stated a desire to lower them even further. (1-16-12). He said we only need taxes for the military, nothing else. (1-7-12) With these extreme positions, he would never get close to correcting deficits and debt.

(D) TAXES: CAPITAL GAINS, DIVIDENDS AND INTEREST: Which party has the better position on taxes as to capital gains, corporate dividends, and interest income? Romney repeatedly said during the Republican debates he wanted to completely eliminate taxes on capital gains, dividends, and interest (9-7-11) (9-12-11) (9-22-11) (12-10-11) (1-16-12) He later said he would limit his plan to incomes of less than $200,000. (1-23-12) In either event, it’s unfair to people who pay taxes on earned income. His policies would either raise taxes on the Middle Class, or make the deficit and debt worse. He never explained how he would make up for the lost revenues.

(D) TAXES: PAYROLL: Which party is more likely to promote tax cuts for regular workers? Romney was dismissive of Obama’s ongoing payroll tax cuts, as he called them a band-aid (12-10-11)

(D) TAXES: CORPORATE: Romney advocated lowering the highest corporate tax rate from 35% to 25%. (11-9-11). This new loss of revenue would have to be made up by the Middle Class.

(D) TAXES: RETIREES & THOSE WITH SMALL INCOMES: Although everyone pays sales taxes, gas taxes, real estate taxes (as a part of rent), as well as other excise taxes, Romney said everyone (poor, elderly, etc.) should pay income taxes. (9-7-11).

(D) TAX RETURNS AND HIDDEN WEALTH: Why didn’t Romney disclose more personal income tax returns? Romney promised to release “multiple years.” (1-19-12). In the end, however, he only showed us two years. We don’t know if he is hiding something, or telling the truth. Gingrich said Romney lives in a world of Swiss and Cayman Island bank accounts (1-26-12)

(D) BUDGET, NATIONAL DEBT, MILITARY SPENDING: Romney said we need to stop spending like we have for the past 40 years. (1-8-12). He was critical about leaving debt to the next generation. (11-9-11). He claimed he would cut spending, but he didn’t explain how (11-9-11), except by saying he would ban earmarks. (2-22-12). Romney promises not to cut wasteful military spending, of any kind. (10-11-11). He wants 350 million for the F-22, more aircraft carriers, more Navy cruisers, more Air Force bombers, and more troops. (11-22-11). He would increase Navy shipbuilding each year from 9 to 15, and would add 100,000 troops. (12-15-11) (1-23-12) (2-22-12). He makes the case for the other side, saying Obama is shrinking the military (1-7-12) Romney thinks our Navy is smaller than it was in 1917, and our air force is smaller than it was in 1947. (1-16-12) (1-23-12).

(D) JOBS: Which party would be better for promoting jobs? Obama inherited a recession where unemployment reached over 10% in 2009. It is now down to 7.9% and the trend has been in the right direction the past three years. Romney incorrectly argued no jobs were created from the job stimulus bill (10-11-11) He said Obama’s polices worsened the job situation, which is obviously a false claim (1-7-12). Romney argues the government doesn’t create jobs (12-15-11), the private sector does (12-10-11), but then inconsistently blames Obama for not creating jobs.

(D) LABOR: Which party is more likely to protect the rights of working people? The National Labor Relations Board (NLRB) insures fairness between organized labor and management. Romney said he would curtail the NLRB (12-10-11), and would promote anti-union “right to work” laws throughout the U.S. (1-8-12) He repeatedly showed hostility towards the NLRB, by saying it was filled with “labor stooges” (1-8-12) (1-19-12).

(D) MINIMUM WAGE: Do you think Romney would ever promote an increase in the minimum wage? In one word: no.

(D) MANUFACTURING: Which party appears to be more interested in saving American manufacturing? The Republicans clearly opposed loans help GM and Chrysler get through the Great Recession. Over fierce opposition, Obama helped them. Had they gone through bankruptcy, the nation would now be reeling from the economic ripple effects. Obama took a gamble and succeeded.  Romney said funds should not have been used to bail out GM and Chrysler (10-11-11) Romney again said the auto bailout was wrong; they should have gone bankrupt. (11-9-11).

(D) AGRICULTURE: Romney would end farm subsidies as he said to let the markets work. (1-23-12). What he is actually promoting is a localized depression in Midwestern small towns.

(D) TRANSPORTATION/MASS TRANSIT: In one debate, Romney advocated improving the infrastructure, by rebuilding bridges, roads, rail beds and air transport systems. We can’t criticize him for that, but we should not forget his party harbors the likes of Gov. Walker of Wisconsin and Gov. Scott of Florida, who blocked mass transit proposals. So on transit, it appears the Republican Party will not help America enter the 21st Century.

(D) ENERGY: Who has the better energy policy? Romney wants energy security and independence by using our own resources (10-18-11 (1-7-12) (1-19-12) That’s a nice idea, but energy resources are fungible and are sold on world markets, so no nation controls them. Romney put emphasis on developing coal, oil, gas, and nuclear (9-7-11)(1-16-12) He’d give more permits for natural gas and oil drills. (12-15-11). He does not discuss solar or wind, but why not? Since Obama includes all energy resources, his policy is better.

(N) ANTITRUST: Has either candidate advocated antitrust lawsuits to break up companies too big to fail? No. Antitrust was a Republican idea in 1890, and prosecutions are now needed to break up the concentrations of power in the hands of a few.

(D) FEDERAL RESERVE: Romney claims Federal Reserve chair Bernanke pumped too much money into the economy (9-7-11), and he would discharge him. (10-11-11). He said Congress should have Fed oversight, but no control over the currency. (9-12-11). Since Romney is opposed to priming the pump through Monetary Policy, how would he have stimulated it?

(D) BANK BAILOUTS: At one point, Romney said he didn’t want to save the Wall Street banks, as Bush did (2-22-12). It appears he would have just let the system collapse, but if that had happened, we’d be in a deep depression right now.

(D) WALL STREET: Romney correctly pointed out the derivatives market was not regulated (1-23-12), but he failed to promote a regulation of it. He instead criticized those occupying Wall Street, by saying they were engaged in dangerous class warfare (10-18-11).

(D) HOUSING: Romney supported the Troubled Asset Relief Program (TARP) (10-11-11) (10-18-11) He accused Fannie and Freddie of offering mortgages to people who can’t afford them (1-26-12). He opposed the Dodd-Frank law, claiming it makes it harder for banks to make loans (1-7-12)(1-8-12).  He said the government should not stop the banks from foreclosing (10-18-11). He claimed Obama was holding off the foreclosure process, and argued we must let the market work (11-9-11) His non-solution solution is to block-grant housing vouchers (2-22-12).

(D) VULTURE CAPITALIST: If Romney wins, he’ll be the first President with a vulture capitalist background. He claims to have successfully operated businesses (12-15-11), but he was really a Bain investor, who just made money for himself and his partners. Gingrich accused him of profiting by stripping American businesses of assets,  bankrupting companies, and laying off workers (1-7-12) Romney said they had to be downsized (1-7-12) Gingrich said Romney’s Bain looted companies and left people unemployed (1-8-12). Gingrich said he was engaged in vulture capitalism. (1-16-12). In an interesting contradiction, while discussing tax returns, Romney said his income came from a blind trust. He said the money I earn: “is not made by me.” (1-26-12).

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02/23/2012

Republican Debate in Arizona (2-22-12)

WAR: Paul correctly said a “pre-emptive war” is a “war of aggression.” We have been fighting offensive, not defensive wars. If we go to war against Iran, Paul said, it should be done properly, by first asking Congress for a Declaration of War. Gingrich foolishly said there are moments when you engage in pre-emptive war (also known as illegal aggression under international law).

DEFENSE: Paul predicted the Draft would be brought back, because we are in way over our heads. He said foreign aid ends up helping our enemies. Santorum thinks Defense Spending takes a smaller portion of the budget than in the past, and he would not cut it. Romney accused Obama of shrinking the Navy, Air Force, and active-duty personnel by 50,000 to 100,000. He would instead add ships, planes, and personnel by 100,000. He responded to Santorum’s problem with women in the military, saying they have the capacity to serve in responsible positions.

MIDEAST/SYRIA/PAKISTAN: Paul said Al Qaida is bankrupting us as they bogged us down in the Mideast, where we have spent 4 trillion in the last 10 years. We don’t have money for another war in Syria, he said. Santorum thinks Syria is a puppet of Iran. Romney said Syria shadows Lebanon, and threatens Israel. He wants the Alawites in Syria to abandon Assad. He is also concerned with Pakistan’s nuclear weapons.

IRAN: Paul said we don’t know if Iran has a nuclear weapon, but they cannot possibly attack anyone, because we have 45 bases, plus submarines, all around their country. All we are doing is making them feel threatened, and encouraging them to get a bomb. Sanctions are already backfiring, he said, because they cause Iranians to rally behind their leaders. We don’t have money for another war in Iran, Paul said. Gingrich accused Ahmadinejad of being a dictator, of denying the Holocaust, of wanting to push the U.S. out of the Mideast, and eliminate Israel from the face of the map. Romney wants crippling sanctions against Iran. He actually believes if Iran obtains fissile material, they will give it to Hezbollah and Hamas, who will take it into Latin America, where they will “potentially” bring it across the U.S. border, and then detonate “dirty bombs.” He thinks Obama told Israel not to take any action.

LATIN AMERICA: Romney thinks Hezbollah is operating in Latin America. He noted Northern Mexico is a problem.

IMMIGRATION: Paul wants us to forget about the Pakistan-Afghanistan border, and deal with our own. We need to reward legal immigration, he said. He thinks the welfare state causes immigrants to cross over for benefits. Romney enabled his state police to take them out by enforcing illegal immigration laws. He fought for English emersion classes in schools. He said since e-verify allows employers to know who is here legally, illegals have dropped by 14%. Santorum would create a loophole in e-verify, by not requiring homeowners to use it. Gingrich said the failure to control our border is a failure of will. He wants a President who works with governors, not sues them. He said the fence between San Diego and Tijuana worked, even though it is in a densely-populated area. The further the fence was extended, the fewer crossed into California. He would move half the Dept of Homeland Security to border states to get the fencing done. He voted for a employer-sanction law in 1986, signed by Reagan, which was to have solved the immigration problem. He said people who do business in Mexico, do not want the border closed.

ENERGY: Gingrich does not want American Presidents to have to bow to Saudi Kings over energy. He believes Iran is partly responsible for what is going on at the gas pump, as one of every five barrels of oil goes through the Straits of Hormuz. We should get into the position where we could say we do not care what the Mideast does. If we opened up federal lands and offshore areas for development, Gingrich said, and replaced the EPA, the government would realize 16 to 18 trillion in royalties, and gas prices would drop to $2.50 per gallon.

BANKS: Romney said: “I didn’t want to save Wall Street banks.” He was worried the entire currency system would go down.

AUTO: Paul said the government should not be in the business of supporting auto labor contracts. He reminded the audience Santorum opposed the auto bailout. Santorum said he helped the airline industry after 911, because the government shut them down. He said Romney is not principled, as he was for the Wall Street bailout, but against helping Detroit auto workers. Romney admitted he wanted the auto companies to go through a “managed” bankruptcy, like the airlines did, to shed excessive costs imposed by the UAW. He took a contradictory position however saying: “No way would we allow the auto industry in America to totally implode and disappear.” Gingrich agreed a managed bankruptcy would have been best for the auto industry.

HOUSING: Paul said the government should not bail out housing.

HEALTH: Gingrich said when the government becomes the central provider of services, they inevitably move towards tyranny, as they force people to do things. Santorum promised to target Medicare for budget cuts. He pledged to repeal Obamacare. He said he always opposed Title X funds, but pushed abstinence-based program spending under Title XX. He accused the Mass health law of being the model for Obamacare. Romney said states have the right under the 10th Amendment to do what he did in Mass. He would repeal Obamacare, because he doesn’t think the federal government should cut Medicare by 500 billion.

EDUCATION: Paul said the Constitution gives the federal government no power in education. He said Santorum is a fake, because he votes for No Child Left Behind, but now he wants to get rid of it. Santorum said he is a home schooling father of seven children. When he voted for No Child Left Behind, it was a mistake, and he now thinks the federal government should get out of education. Romney agreed children should be tested in math and English before they graduate. Gingrich would shrink the federal Dept of Education down to nothing but research. He thinks teachers unions only care about protecting bad teachers.

SOCIAL SECURITY: Santorum said we need to “deal with” Social Security. He said “all” the seniors in Pennsylvania rely on it, because the rich ones moved to Florida and Arizona.

WELFARE: Santorum said poverty in single-parent households is five times greater than two-parent homes. His solution is to go after food stamps (to make sure hungry people go without). Romney would block grant Medicare, housing vouchers, and food stamps to the states.

GOVERNMENT: Romney would link government pay to private sector pay. Gingrich would repeal 130-year-old civil service laws.

BUDGET/DEBT/TAXES: Santorum said he was rated most fiscally conservative in his 12 years in the Senate. He explained earmarking is abused, and would oppose their use as President. We cannot default on the Debt Ceiling, he added. He said Romney is now suggesting raising taxes on the top 1 percent. Romney said the earmark process is broken, and he would ban it, because it opens the door to excessive spending. He supports a line-item veto to deal with earmarks. He would ask if a program justifies borrowing from China to pay for it. He claimed he balanced his state budget all four years. Santorum said the only reason Romney balanced his budget was his state constitution required it. Gingrich wants a balanced budget. He would eliminate capital gains taxes on more than just those earning less than $200,000. Paul said he never voted for a budget deficit, or an increase the National Debt. He said we pay gas taxes into a trust fund, and should get our fair share, but they spend it overseas.

CONSTITUTION: Paul said he is the defender of the Constitution and liberty, and his platform is the road to peace and prosperity. The Constitution does not provide “women’s rights or men’s rights,” There are no group rights. He said we take an oath to our office, not to a political party to vote the way they want.

RELIGION: Romney alleged we have never seen attacks like these against religious conscience, freedom, and tolerance.

ABORTION/CONTRACEPTION: Paul said the government should not spend money on abstinence. Pills don’t cause immorality, people do. Romney alleged Obama was trying to require Catholics to provide birth control, sterilization, and morning-after pills. He said he stood on the side of life, when his legislature refused to define it as starting at conception. He vetoed a bill regarding embryo farming and cloning. He said liberals go crazy over teaching abstinence. He denied requiring Catholic hospitals to provide morning after pills. He said the Mass. health law did not require contraceptive coverage. He said Santorum opposed contraceptives, but voted for Title X. Gingrich claimed state senator Obama voted to protect doctors who killed babies who survived abortions. He wants Planned Parenthood to get nothing. Santorum said, if elected, he would talk about the “dangers of contraception.” He illogically added we have a problem of children born out of wedlock. He said this doesn’t mean he wants a government program to fix it.

ADOPTION: Romney sided with Catholic adoption agencies regarding their preference for placement in homes with a man and a woman. He wanted the Catholic Church to stay in the adoption business, as they were responsible for half of them in Mass.

01/29/2012

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”

01/27/2012

Republican Debate: Florida (1-23-12)

FOREIGN POLICY: Paul said Gingrich would have to change his foreign policy to gain his support. He believes it is not the role of the federal government to be the policeman of the world.

AFGHAN: Romney thinks the War in Afghanistan can be ended, not by talking to the Taliban, but by beating them.

CUBA: Paul opposes a military overthrow of Cuba. We propped up Castro for 40 years, Paul said, by imposing sanctions, which gave him the ability to blame everything on the U.S. He reminded everyone he was drafted in 1962 at the height of the Cold War, but it’s not 1962 anymore and the Cold War is over. We now talk to Russia, China, and Vietnam and have trade with them, so why not Cuba? Romney thinks it is dangerous to open travel with Cuba now, but if Castro died, he would work with a new Cuban leader to move them in an open direction. Gingrich favors aggressively overthrowing the Cuban regime. He accused Obama of being infatuated with the Arab Spring, but ignoring a Cuban Spring. Santorum tried to distinguish Cuba from China, by saying the Cuban island is only 90 miles away. He would continue sanctions against Cuba. He would wait until the Castro brothers died. He believes jihadists and Iranians are excited to establish a platform 90 miles off our coast in Cuba, Venezuela, or Nicaragua.

IRAN: Paul does not think Iran will close the Straits of Hormuz, because they need them open as much as we do. He said it is our blockade that would make Iran close the Straits. A blockade is the act of war, he said, and closing the Straits would be retaliation. Americans certainly do not want a hot war in Iran right now. He asked, what would we do if someone blockaded the Gulf of Mexico? Romney said we need opens seas and if Iran shut down the Straits of Hormuz, it would be an act of war. Gingrich said America has no appetite for war, but we didn’t have one when Pearl Harbor was bombed or the World Trade Center was destroyed either. He accused Obama of cancelling a military exercise with Israel, so as not to be provocative. Santorum said Obama does not see the threat Iran poses, not just to Israel, but the entire world. He argued they held hostages, attacked our ships and embassies, and made improvised explosive devices (IEDs) to harm our troops.

MILITARY: Romney believes we are shrinking our Navy. He again repeated the ridiculous assertion that it is now smaller than at any time since 1917. He wants to increase shipbuilding from 9 ships a year to 15. He wants a carrier in the Gulf. We need to be so strong, he said, so they could never defeat us.

SPACE: Romney thinks space exploration should be a priority for science and military development. Gingrich wants a series of space stations built. He wants to offer prizes for going into orbit.

ENGLISH LANGUAGE: Gingrich was asked: Why is it alright to court votes using Spanish TV ads, but not ok for government to serve people using it? Gingrich said there are 86 languages in Miami-Dade County, and 200 in Chicago. We need a central language to unify the country. Romney said Mass allowed teachers to teach in their native languages, and students ended up not speaking English very well. He pushed English language emersion. People must learn English, he said, to be successful in the U.S. Paul said for national business, we need one language, but states should be allowed to accommodate local needs.

IMMIGRATION: Gingrich favors allowing aliens to earn citizenship through military service. Romney favors self-deportation, which is what he thinks they will do if they do not have proper employment documents. Santorum said people are returning home now, because there are no jobs. He speculates they steal Social Security numbers to get work. Someone who came here illegally, he said, is continually breaking our laws. If you want to come to America, respect our laws, Santorum said.

JOBS: Romney again claimed to help create thousands of jobs at Staples, Bright Horizons, the Sports Authority, and Steel Dynamics. Gingrich was asked why the Bush tax cuts have not created jobs. He speculated things would have been worse.

OLYMPICS: Someone please tell Romney to stop mentioning his work on the Olympics, as if it was some great achievement. Who cares if he was in charge of the Olympics? It’s not important.

VULTURE CAPITALISM: Santorum said there is constructive capitalism and destructive capitalism.

FINANCE: Santorum asked Romney and Gingrich why they supported the Wall Street bailout if they believe in capitalism. Why not let destructive capitalism work, he asked? He said financial institutions should have been allowed to go bankrupt. Why prop them up through government? Romney said the derivatives market was not being regulated. Gingrich said Dodd-Frank allowed the biggest banks to get even bigger. He said regulators are walking into banks and telling them not to lend money.

FED: To placate Ron Paul, Gingrich discussed the formation of a commission to bring back the gold standard.

AGRICULTURAL SUBSIDIES: Gingrich was asked if he would do away with subsidies for the sugar industry, and get rid of import quotas that protect them. He said the industry was real good at protecting themselves. Romney would eliminate subsidies and let the markets work properly.

ENERGY: Santorum was asked if off-shore oil drilling was worth it. He believes it is essential to build the Keystone Pipeline and gain oil from domestic sources. Pipelines are safer than off-shore.

ENVIRONMENT: Paul would continue federal financing to protect the Everglades. Santorum said Romney believed in global warming enough to sign a cap on CO2 emissions in Mass.

HOUSING: Paul said interest rates were kept too low for too long. He said he introduced legislation 10 years before the bubble burst to end the line of credit to Freddie and Fannie. The Community Reinvestment Act forced banks to make even more risky loans. Our policy has been to try to keep home prices up, but they should be allowed to fall. We have to liquidate the debt, Paul said. They should have gone bankrupt, and the bad debt would have been wiped off the books. As long as we keep the debt on the books, we are not going to grow. Gingrich told Republicans in July 2008 to deny Freddie Mac any money, because they needed reform. Romney accused Gingrich of failing to speak out against what Freddie Mac was doing. Santorum was asked about the 40% of homeowners in Florida whose homes are underwater and the 53% whose homes are worth less today than before the crisis. He was asked if it was too easy to own a home. He said the Democrats fought a reform of Freddie Mac and Fannie Mae. He said we have to let capitalism work and allow banks to realize their losses. He would allow homeowners a tax deduction for their losses. Romney thinks Dodd-Frank makes it harder for banks to renegotiate mortgages and is killing the residential home market.

LOBBYING: Romney said Gingrich was paid 1.6 million by the chief lobbyist of Freddie Mac to influence Congress. He received $25,000 per month, or $300,000 a year, for services for Freddie Mac. Gingrich said he was paid for consulting, not lobbying. Romney reminded Gingrich he first said he was paid to be a historian. Gingrich said his share for three offices was $35,000. Romney said Gingrich spent 15 years on K Street influence peddling. Romney reminded viewers 84 ethics charges were filed against Gingrich and 88% of the Republicans in the House voted to reprimand him, causing him to resign in disgrace in 1998.

HEALTH CARE: Gingrich said he always favored a stronger Medicare program and favored Medicare Part D. The government would not pay for insulin, but they would cover kidney dialysis. They would not pay for Lipitor, but would cover open heart surgery. It was a terrible way to run Medicare, he said. Santorum said Romney’s health care plan in Mass was the basis for Obamacare, and Gingrich supported the individual mandate for 20 years. Romney said his health care plan, chosen by the people in Mass, is the one the Constitution allows us to have. He then said he opposes a federal mandate.

BUDGET: Gingrich thinks he balanced four federal budgets in the 1990s. He apparently forgot that they came about because Bill Clinton was President, and a democratically controlled Senate voted, without any Republican support, to make it happen.

TAXES: Romney said he paid a lot of taxes and not a penny more than required. He wants to eliminate taxes on interest, dividends and capital gains for those earning less than $200,000. He wants the highest corporate income tax lowered to 25%.  Gingrich called his 15% flat tax proposal a “Romney Tax.” He wants everyone to pay the level paid by Romney. In an inconsistent way, he said he would lower capital gains taxes to zero. Romney responded saying his tax liability would have been zero in that case. Romney refused to follow his father’s example of releasing 12 years of tax returns.

LIFE SUPPORT/DEATH: Santorum was asked if government should get involved in disputes like the 2005 case between the spouse of Terri Shaivo and her parents over removing feeding tubes. Non-lawyer Santorum admitted he asked a “federal” judge to get involved, when such situations are almost always ruled upon in state courts. Non-lawyer Gingrich also argued in favor of federal court intervention, where it clearly does not belong.  Paul correctly said the decision should be made at the state level.

01/25/2012

Obama: 2012 State of Union Speech

IRAQ: For the first time in 9 years, President Obama said, no Americans are fighting in Iraq. He welcomed home the last troops in Dec. 2011, but made the highly questionable comment they made the U.S. safer and more respected around the world.

BIN LADEN: Obama noted Osama bin Laden is dead, and no longer a threat to the U.S. He said most al Qaeda’s top lieutenants are defeated, and those who remain are scrambling.

QADDAFI: Obama reminded us that Libya’s Col. Qaddafi, a long-time dictator, who had U.S. blood on his hands, is also dead.

AFGHANISTAN: Obama said the Taliban’s momentum has been broken. We are winding down the War in Afghanistan, as 10,000 troops already came home, and 23,000 will return this summer.

IRAN: Obama said a world that was once divided on how to deal with Iran’s nuclear program is now united as one, through diplomacy. Iran now faces crippling sanctions and the pressure will not relent. We are determined to prevent Iran from getting a nuclear weapon. He said he took “no options off the table to achieve that goal.” A peaceful solution is still possible, he noted.

ISRAEL: Obama said we have an ironclad commitment to Israel’s security–the closest military cooperation in our history.

VETERANS: Obama said he increased annual VA spending every year as President.

TRADE: Obama said it is now getting more expensive to do business in China. Master Lock’s unionized plant in Milwaukee is now running at full capacity and they brought jobs home. He signed trade agreements that gave U.S. firms new customers in Panama, Colombia and South Korea. He filed twice as many trade lawsuits against China, as Bush did. He said it is unfair when subsidies are given to foreign manufacturers, and created a Trade Enforcement Unit to investigate unfair trade by China.

IMMIGRATION: Obama said we have more boots on the ground than ever before and fewer illegal crossings. We should take on illegal immigration, he said, but believes we need comprehensive immigration reform. We should not expel young illegal aliens, he said, who staff our labs, start new businesses, and defend this country. We should give them a chance to earn citizenship.

JOBS: Obama reminded us 4 million lost their jobs in 2008, in the six months before he took office, and another 4 million were laid off before his policies took effect. Businesses have created more than 3 million jobs in the last 22 months and 600,000 will come from the natural gas industry, by the end of the decade.

MANUFACTURING: Obama wants a new generation of high-tech manufacturing. Long before this recession, he said, jobs started leaving our shores. Manufacturing is now creating jobs for the first time since the late 1990s. Our blueprint for jobs includes manufacturing and we should not return to outsourcing.

AUTO: The auto industry, Obama inherited, was on the verge of bankruptcy, but he refused to let it die. Now, GM is once again the world’s number one automaker, Chrysler has grown, and Ford is investing billions in U.S. plants. The industry has now added 160,000 jobs, and we will soon be selling U.S. cars in Korea.

TRANSPORTATION: Obama noted we have crumbling roads and bridges. He noted we built the Golden Gate Bridge during the Great Depression and the Interstate highway system after WWII.

ENERGY: Obama wants us to control our own energy, so we need not depend on the world. During the past 3 years, he said, millions of new acres, including 75% of offshore oil and gas reserves, have opened for oil and gas exploration. Obama noted the development of natural gas from shale rock. Our oil production, he said, is now at its highest production level in 8 years, and we now rely less on foreign oil than at any time in the past 16 years. He said we cannot cede wind, solar, or battery industries to China or Germany. We are poised to become a leading manufacturer of high-tech batteries. Our century-long subsidization and taxpayer giveaway to oil should be ended. He instead wants clean energy tax credits. We should also help manufacturers eliminate energy waste by upgrading buildings.

FINANCE: Obama said he imposed new rules to hold Wall Street accountable, and will not return to the days when they governed themselves. He announced financial institutions are not going to be bailed out ever again. He told mortgage lenders, payday lenders, and credit card companies, the days of deceptive practices are over, and he asked Congress for greater penalties for fraud.

HOUSING: Obama reminded us the housing market collapsed in 2008, because regulators looked the other way, as mortgages were sold to people who could not afford them, by lenders who knew it. This is why we need regulations to prevent financial fraud. We should not wait for the housing market to bottom out before providing relief, but homeowners should be allowed to save on their mortgages now, through refinancing at lower rates.

HEALTH: Obama will not return to the days when health insurance companies could deny coverage or cancel policies. He reminded Republicans that his new health care law relies on the private insurance market, not a government program.

EDUCATION: Obama wants to lead the world in education. Although states have already raised standards for teaching and learning, he asked them to require students remain in high school until they graduate, or turn 18. We should reward the best teachers and should stop teaching to a test. To help 2 million Americans who need new job skills, businesses should work with community colleges to design courses. He said every family should be able to afford college, and universities have to keep their costs under control. He warned them: “If you can’t stop tuition from going up, the funding you get from taxpayers will go down.” Obama wants to stop interest rates on student loans from doubling in July. He would extend tuition tax credits, and double the number of work-study jobs. He asked Congress not to gut federally financed university labs, researching cancer and computer chips.

DEFICIT: Obama said together we cut 2 trillion from the deficit.

TAXES: Obama wants everyone to pay their fair share of taxes. The tax code must be changed so wealthy persons like Congressional members pay their fair share in taxes. 98% of all Americans make under $250,000 per year. 25% of all millionaires pay taxes at a lower rate than millions of middle class households. Warren Buffett pays a lower rate than his secretary. If a person makes more than 1 million a year, you should pay no less than 30%. Folks at the top, he said, have seen their incomes rise like never before, but for most workers, paychecks have not been growing, and their debts are piling up. He asked Congress to extend the payroll tax cut for working Americans.

CORPORATE TAXES: Every multinational corporation should pay a basic minimum tax. Companies should not get tax breaks for moving jobs overseas or be allowed a “moving expense” for outsourcing. We need to change a tax law that hits U.S. corporations with one of the highest tax rates in the world. Manufacturers in America should receive a tax cut. He noted we now provide tax credits to companies that hire veterans, and suggested tax relief for small businesses that raise wages and create good jobs. We need incentives so they relocate in communities that have been hit hard by factories that left town.

WOMEN: Although there is already a federal law that requires equal pay for equal work, Obama said “women should earn equal pay for equal work.”

CAMPAIGN FINANCE: Obama would do something about the corrosive influence of money in politics and called for an end to perpetual campaigns of mutual destruction.

APPOINTMENTS: Obama wants up or down votes on judicial and public service nominations held within 90 days.

AGENCIES: Obama ordered every federal agency to eliminate rules that make no sense.

01/19/2012

Republican Debate: S. Carolina (1-16-12)

DEFENSE SPENDING: When Ron Paul was asked if his policies would eliminate military jobs in South Carolina, he said he wants to cut spending overseas. Spending 1 billion on an embassy in Iraq, he said, is not defense, it is waste. He would follow Eisenhower’s admonition about the military-industrial complex, as he said, we don’t need 900 bases in 130 countries. Romney wants a military so strong no one would test it. He apparently believes our navy is now smaller than it was in 1917, and our air force is smaller than it was in 1947. (Does he really think this?)

FOREIGN POLICY: We should declare war before getting into one, Paul lectured. We no longer declare war. We now use the doctrine of “pre-emptive war” to start them. We don’ t even have enemies. We bomb countries and then wonder why they get upset with us. Paul was booed as he said we wouldn’t like it if other countries did to us, what we do to them. Paul was also booed when he said we should follow the Golden Rule in foreign policy.

AFGHAN: Paul wants to bring our troops home. His support is from military personnel, sick and tired of war. We are not leaving Afghanistan, even though 80% of America wants out. When Paul was in the Air Force (1962-68), he served in the Afghan-Pakistan region, and remembers the Taliban were our allies, when we opposed the Russian intervention. He warned us not to mix the Taliban, who oppose foreign intervention, with al Qaeda, who seek to kill us. Romney would not negotiate with the Taliban, because he thinks they declared war on us. He said Obama’s announcement of a withdrawal, weakened our ability to negotiate.

IRAQ: Paul said we are still in Iraq. Romney believes incorrectly we “had to” go to war “in the case of Iraq.”

IRAN: Paul said regarding Iran, they are building up for another war we don’t need.

PAKISTAN: Paul believes we have a flawed Pakistan policy.

SYRIA: Santorum said Syria is a threat to Israel. He wants to bring about the removal of Assad, but opposes U.S. intervention.

TURKEY: Perry, who lived in Turkey while in the Air Force in the 1970s, made the ridiculous and stupid argument they have been taken over by Islamic terrorists. He said their membership in NATO should be re-evaluated, and their foreign aid should go to zero. He lumped Turkey in the same category with Iran and Syria, even though these countries are vastly different.

RULE OF LAW: Paul denied he opposed the operation that killed Osama bin Laden. He in fact voted for the authority to go after him, following 911. He asked: What is so bad about capturing people? We captured Saddam Hussein, tried him, and hung him. Adolf Eichmann was also captured, given a trial, and executed. Why didn’t we try to get information from bin Laden? Gingrich said we need to just kill America’s enemies, not capture them. Romney also said the right thing for Osama bin Laden was a bullet in the head. He said we have a right to detain al Qaeda in prison, as enemy combatants, and deny them due process of law. Paul said the Patriot Act eliminated the 4th Amendment. The Defense Appropriation Act allows us to take citizens under suspicion, and hold them indefinitely, without a lawyer, or the right of habeas corpus. 260 al Qaeda have been tried and convicted Paul said, and we don’t need to give up on the judicial system. Perry said terrorists who cut off heads and hang contractors from bridges, commit despicable acts, not the Marines who urinated on corpses.

IMMIGRATION: Romney opposes favoritism or special routes to citizenship. We have to stop the flood of illegal immigration, he said. Perry would secure the borders.

JOBS: Gingrich claims he and Reagan created 16 million jobs and he and Bill Clinton added another 11 million. He wants to find ways to help the poor learn how to get a job and someday own it.

UNEMPLOYMENT: Santorum thinks it’s wrong for the federal government to uproot state unemployment programs by extending benefits. Gingrich would connect UC to job training.

LABOR: Santorum admitted voting against a right-to-work law, saying he is from a non-right-to-work state. Perry claimed the NLRB is telling South Carolina, a right to work state, what to do.

FINANCE: Perry advocates repealing the Dodd-Frank financial regulations. Romney vowed if Europe has a financial crisis, he won’t give a blank check or go over there to save their banks.

VULTURE CAPITALISM: Gingrich asked Romney to respond to questions about taking money out of companies, walking off with profits, and letting them go bankrupt. Bain invested in over 100 companies, Romney said. Four created 120,000 jobs, while others lost jobs. He said Staples, Bright Horizons, the Sports Authority and a steel company in Indiana added 120,000 jobs. He was asked about American Pad and Paper, which after being purchased for 5 million, borrowed money, took 100 million in profit, and then went bankrupt. Romney said people who lost jobs were offered new ones in other plants. Perry accused Romney of picking a company apart in Georgetown, SC and causing people to lose jobs. Romney said the SC steel mill closed down, because of dumping from abroad.

ENERGY: Romney would take advantage of our natural resources and would use oil, coal, gas, and nuclear.

HOUSING: Perry thinks the federal government via Freddie and Fannie should get out of the housing market.

SOCIAL SECURITY: Romney would make no changes for those 55 or older, but he would add a year or two to the retirement age. Gingrich said Chile has a system that yields 2 to 3 times the government payment. He would make all Americans investors.

HEALTH: Romney wants a premium support program for Medicare. He would send Medicaid back to the states. He would repeal Obamacare.

BUDGET: Romney claimed to have balanced the Mass. budget every year. Perry wants a Balanced Budget Amendment.

TAXES: Romney claimed to have reduced taxes 19 times in Mass. He said tax rates are too high. He would reduce the top rate from 35% to 25% and eliminate taxes on interest, dividends and capital gains. When asked if he would release his tax returns, he said he had not planned on it, but maybe in April, if he becomes the nominee. Perry said the highest federal income tax rate should be 7%. He would have a flat tax of 20%, but would allow home mortgage, local taxes, and charitable deductions. He would get rid of capital gains taxes. Santorum wants just a 10% and a 28% rate. He would cut corporate taxes from 35% to 17.5%. Manufacturing would be treated differently, because they are in competition with the rest of the world. Gingrich wants a flat tax rate of 15%. Paul would reduce income taxes to zero.

DISCRIMINATION IN LEGAL SYSTEM: Paul said blacks are imprisoned at a rate four times greater than whites for victimless drug-related offenses.

VOTING RIGHTS: Santorum asked Romney if X-felons who have done their time should be allowed to vote. When Romney said he didn’t think former felons should be allowed to vote, Santorum reminded him that Mass allowed even those who still on probation or parole to vote, and asked Romeny why he did not try to change that law. Perry said South Carolina is at war with the federal government over their voter ID law.

CAMPAIGN ADS: Romney hoped super-PACs would run accurate ads. He favors getting rid of campaign finance laws. He wants campaigns to run their own ads, and take responsibility for them. He said he could not talk to Super-PACs running his ads.

EDUCATION: Gingrich said No Child Left Behind is a failure, as teachers teach to the test. He would eliminate Dept. of Education

ENTITLEMENTS: Romney thinks Obama is making the U.S. an entitlement society, another European social welfare state.

POVERTY/FOOD STAMPS: Santorum believes three things are need to avoid poverty: a job, high school diploma, and marriage before having children. He claims Obama no longer promotes marriage as a way of avoiding poverty. Gingrich claims 185 different federal bureaucracies deal with low income Americans. He thinks Obama wants to maximize dependency. He called him “the best food stamp president in American history.” When he was asked if it was insulting to suggest black kids should work as school janitors, and blacks should demand jobs, not food stamps, he said no, to wild applause from a white audience of prejudiced South Carolina Republicans. He believes NY pays their janitors an absurd amount of money. The crowd booed Juan Williams as he asked Gingrich if he was belittling racial minorities about a lack of a work ethic, and by saying Obama was a food stamp president. Gingrich said more people than ever went on food stamps during the past three years of the Obama administration.

RELIGION: Perry thinks Obama is at war against organized religion. He claimed the Catholic Church cannot receive federal funds, because of their position on abortion.

GAYS: Romney said he supports equal rights regardless of sexual orientation, but he has always opposed gay marriage.

GUNS: Gingrich accused Romney of signing a ban on assault weapons and of increasing fees on gun owners by 400%.  Romney said the Mass law was supported by both sides. Santorum said his support for trigger locks and background checks was backed by the NRA. He banned lawsuits against gun manufacturers, where injuries were sustained despite proper use of a firearm. Paul said we should not have national tort law, since these issues should be dealt with by the states. Santorum said lawsuits would have gone forward in liberal states, if there was not a national ban.

ABORTION: Gingrich opposes abortion and China’s one-child policy.

01/12/2012

Ron Paul: Why Voters Support Him

While the inside the beltway crowd cannot understand why Ron Paul finished a close third in Iowa, and now second in New Hampshire, if they had been listening, they would have heard his anti-war, anti-torture message, his willingness to cut military spending, his pledge to withdraw from Iraq and Afghanistan, his promise to avoid conflict with Iran, his hostility towards corporate welfare, deficit spending, his defense of liberty, and personal freedom, and scorn for wasteful projects, like the war on drugs.

FOREIGN POLICY: Paul clearly receives his popularity from his foreign policy. He said: we need to stop our wars. It angers foreigners when we occupy their lands. We were attacked on 911, he explained, because we had troops in Saudi Arabia. We are disliked because we have done nothing to stop the abuse against the Palestinians. We have 900 bases around the globe in 150 nations. Paul asked why we keep troops in Korea, Japan, or Germany. We have more weapons than all other nations combined–enough to blow up the world 20 to 25 times. He said we have to stop trying to be the policeman of the world.

WAR ON TERROR: He said the war on terror is like the war on drugs. It’s a pretend war. No formal declaration of war was ever made. Terrorism is only a tactic, he said. Others may want to bomb us, because we bomb them, not because of what we believe.

LIBERTY: As to profiling, Paul asked what if a person looked like the white Oklahoma City bomber, Timothy McVeigh? As to the Patriot Act, our Founders warned not to sacrifice liberty for security, Paul said, something our government now does too willingly. We should not give up freedom for a police state.

TORTURE: Paul correctly argued torture is illegal under U.S. and international law. Water-boarding is torture, he said in no uncertain terms. It’s uncivilized and immoral. We should not give up so easily on the rule of law, he said, as he pointed out over 300 terrorists were convicted in civilian courts and sent to prison.

MILITARY BUDGET: Paul said there is a lot of waste in the military and we can no longer afford to be the world’s policeman. Our new embassy in Baghdad alone is costing 1 billion. He courageously said the military budget must be on the table and offered to cut billions from their overseas spending. He accused others of just talking about reducing proposed increases.

FOREIGN AID: Paul would also cut all foreign assistance, including aid for Israel, since the Constitution does not authorize it. We gave military aid to an Egyptian dictator and got nothing.

AFGHANISTAN: He would clearly withdraw from Afghanistan now, and would save billions. He said the U.S. should withdraw from Afghanistan, because that’s where the Soviet Union was brought down. He predicted the same may happen to us.

IRAN: Paul does not pander or say things he thinks the audience wants to hear. He explained Iran wants to build nuclear weapons, because they have well-armed neighbors who already have the bomb, and for them, it is a matter of self-defense. He was not afraid to say Iran is no credible threat to the U.S. He warned the imposition of sanctions against Iran would provoke yet another war. He said it is not worth going to war against Iran to prevent them from gaining nuclear weapons. What is going on right now with Iran is the same propaganda used in the build-up to the Iraq War. He would not support an unprovoked unilateral attack by Israel upon Iran. He asked: why are we flying drones over Iran? While we don’t want to see Iran with nuclear weapons, he said it’s dangerous to declare war on 1.2 billion Muslims.

SYRIA: Paul would stay out of Syria. The Syrians need to deal with Syria, he said. We would only get in trouble if we got involved. We should simply support self-determination.

IRAQ: He would complete the withdrawal from Iraq, reminding us we still have 17,000 contractors on the ground over there.

ISRAEL: Paul asked: why should we commit our kids and our money to endlessly aid Israel?

CORPORATE WELFARE: Paul accused both parties of bailing out big corporations and Wall Street speculators, who ripped off regular people in the derivatives market. He would deny government aid to private enterprise.

HOUSING: Paul said Freddie Mac and Fannie Mae caused overbuilding and distortions, and government needs to get out of housing. Easy credit built too many houses and caused a bubble, he argues, which eventually burst, and now we are going through a correction, that is costing Middle Class people their homes. If money was to be given out, Paul said, it should have gone to those who lost their mortgages, not the banks. He said government sponsored enterprises received excessive credit from the Fed under the Community Reinvestment Act, and the housing debt must now be liquidated, as we are just prolonging the agony.

BUDGET/DEBT: Paul said nobody cares about the national debt, but it is a burden on the economy. Our financial condition is actually the biggest single threat to national security, he said.  Unnecessary wars have added to our deficits, and yet we are not cutting anything; it’s just talk. They only nibble away at baseline budgeting. They get hysterical on the Hill, because their budgets are not going up as rapidly as they want. The budget is out of control, because of earmarks. Paul said he would eliminate five departments and cut 1 billion in spending from the federal budget in his first year.

SOCIAL SECURITY: Paul said the Social Security Trust Fund should not have been used to fight wars.

DRUG WAR: Paul argued the war on drugs is a total failure, which should be handled like alcohol.

THE FED: Paul does not believe the Fed Reserve should set interest rates or decide how much money should be in circulation. He would return the gold standard. He said the Fed set interest rates well below market levels and keeping them low only distorts the economy. He does not believe they stimulate economic activity. He said Greenspan kept them too low for too long. He criticized the ability of banks get loans at zero percent, a practice which cheats the elderly of interest income they could earn from CDs. He was concerned the Fed sent five billion overseas to bail out foreign banks, and wants the Fed audited.

HEALTH CARE: Paul correctly said the insurance and drug companies will love the individual mandate. He wants more market competition in medicine. He supports medical savings accounts and would let people opt out of the health care plan.

 

12/22/2011

Republican Debate in Iowa (12-15-11)

PAUL ON IRAN: What is happening regarding Iran, Paul said, is no different than the 2003 propaganda as to Iraq. There is no proof Iran has nuclear weapons. There is no UN or IAEA report with evidence. Why do we have 900 bases in 130 countries? Why are we flying drones over Iran? Why do we bomb so many countries? They may want to harm us, because we bomb them, not because of what we believe. They would not attack Switzerland or Sweden for what they believe. Sanctions are an act of war. They could lead to economic calamity, if oil is kept from Europe. The greatest danger is Presidential overreaction and a bombing of Iran. Even Israel’s Head of Security said it wouldn’t make sense to bomb Iran. While we don’t want to see Iran with nuclear weapons, it’s dangerous to declare war on 1.2 billion Muslims. Paul said when he was drafted in 1962, the world was dangerous, but as nuclear missiles were sited in Cuba, Kennedy talked Khrushchev down, and we avoided a nuclear exchange. We lived through the Cold War with 30,000 missiles pointed at us, and we shouldn’t jump the gun now. We just don’t need another war, Paul said.

OTHERS ON IRAN: Romney called Obama weak regarding the spy drone incident. Perry would have destroyed or retrieved the drone, but Obama did neither. Bachmann believes Iran will use nuclear weapons to wipe out Israel and attack the U.S. She believes an IAEA report says Iran is just months away from obtaining the bomb. Santorum thinks Iran has been at war with us since 1979. They tried to assassinate a Saudi Ambassador, and they make IEDs that kill our soldiers. He called them a radical theocracy. If they had nuclear weapons, it wouldn’t be like the Cold War, since they believe in martyrdom. He made the ridiculous argument: “they don’t hate us because of what we do, or the policies we have, they hate us because of who we are, and what we believe in.” He said we should work with Israel ro plan strikes against their facilities. Gingrich said the Iranians plan to close the Straits of Hormuz.

FOREIGN POLICY: Paul would adopt a pro-American foreign policy, which is the opposite of policing the world. Huntsman wants a policy driven by economics, which leaves the Cold War behind. Perry said we should assert the Monroe Doctrine as to Iran, Venezuela, and Mexico, like we did in the 60s with Cuba.

CHINA: Huntsman was questioned about a 22% tariff China imposed on U.S. sport utility vehicles, but he sidestepped it saying we need shared democracy, human rights, and religious toleration.

IRAQ: Bachmann said Obama intentionally chose to lose the peace, and Iran will now become a dominant influence in Iraq.

LATIN AMERICA: Santorum said Obama embraced Chavez and Ortega, and thinks jihadist training camps are working with drug cartels in Latin America, planning assaults on the U.S.

MILITARY: Romney wants to increase the number of Navy ships built each year from 9 to 15. He said we need another 100,000 military troops, but he did not explain how he would get them.

SYRIA: When Perry was asked if the U.S. should intervene in Syria, he said he supports a No-Fly-Zone, because he says they are attached at the hip to Iran, and we need to stand with Israel.

ISRAEL: Gingrich said 200 missiles were fired at Israel this year. He neglected to say how many strikes Israel made against others.

UN: Gingrich called the UN a corrupt institution that beats up on our allies. He would not fund it and would dramatically reduce our reliance on it. He claimed UN camps are training grounds for terrorism, and their textbooks are funded by the UN. Huntsman said the UN serves useful peacekeeping-humanitarian purposes, but noted they have anti-American and anti-Israel sentiments.

IMMIGRATION: Romney promised an ID card for legal aliens to use when applying for jobs, along with E-verify checks. If employers hire without the card, serious sanctions would apply. He would send illegals to the back of the line. Perry said the El Paso border is not safe. Gingrich suggested a loss of tax deductions for those who hire illegally. He would drop the lawsuits against AZ, SC and Alabama. Huntsman would not pander to Hispanics, adding illegals are down due to the economy. He reminded us legal immigration is a growth engine.

JOBS: Romney said 25 million Americans are out of work, but the government doesn’t create jobs, the private sector does.

MANUFACTURING: Romney said manufacturing will come back to the U.S., but he did not explain how. Santorum thinks manufacturing is not competitive and tax rates should be lowered to zero and regulations should be repealed.

VULTURE CAPITALISM: Romney claimed he successfully ran Staples, Bright Horizons Children’s Centers, and an Indiana steel mill. Some of the 100 different businesses he was involved with laid people off, but they also added tens of thousands of jobs. When Obama took over GM, he said, dealerships were closed, and he had the same experience. Gingrich accused Romney of making millions by laying off people and bankrupting companies. He appeared confused when he suggested electric coops and credits unions are government sponsored institutions.

HOUSING: Bachmann accused Gingrich of taking 1.6 million from Freddie Mac to influence Republicans into keeping the scam going. Gingrich did not deny earning 1.6 million and he said he liked “government sponsored enterprises” like Freddy Mac, because they made home ownership more affordable. He thinks it’s a conservative principle to help families buy homes. He now would break up Fannie Mae and Freddie Mac. Paul said government sponsored enterprises received excessive credit from the Fed under the Community Reinvestment Act. Money comes from taxpayers, and when they go broke, we bail them out. Huntsman complained of banks that are too big to fail.

ENERGY: Romney said we have energy resources and should give out permits to drill for natural gas and oil. Gingrich said the Keystone Pipeline from Canada to Houston will bring oil to the U.S. and create 20,000 American jobs. If not, the Canadians will send it to Vancouver, where it will be shipped to China. Huntsman wants to use natural gas to get rid of our heroin-like addiction to imported oil. Bachmann criticized Obama’s moratorium on Gulf drilling and supports Keystone. She thinks Obama opposes it, because he would lose the support of radical environmentalists.

HEALTH: Huntsman said he delivered on health care reform in his state, without a mandate.

BUDGET & TAXES: Paul said the budget is out of control because of earmarks, which he never voted for. He said there are two factions; the warfare group that wants cuts in welfare; and the welfare group wants to cut warfare. He would eliminate 1 billion in spending from the federal budget in the first year. Romney said the debt is now 15 trillion, and the President racked up as much as all others combined. Huntsman as governor delivered on a flat-tax, and refused to sign a no-tax-hike pledge. Perry supports a Balanced Budget Amendment and wants tax policies that help business become competitive. Bachmann pledged no new taxes, because we’ve been taxed enough. We cannot spend more than we take in.  Gingrich claimed to have balanced the federal budget and paid off 405 billion in debt.

JUDICIARY: Gingrich would subpoena judges before Congress as to controversial decisions and would impeach them. He said the courts have become dictatorial, too powerful, and arrogant. Jefferson abolished 18 of 35 federal judges in 1802. He thought it absurd to view the Supreme Court as supreme. Lincoln repudiated Dred Scott in 1861. Bachmann said the Founders wanted courts to be the least powerful branch. They do not have power to make law. She would appoint only judges who believe in the original intent of the Constitution. Paul said Congress can get rid of courts, but he questioned Congressional authority to subpoena judges, as this would violate the Separation of Powers. When Romney was accused of appointing Democrats to be judges in Mass., he said a 7-member council made the appointments. He promised to appoint prosecutors. He said Congress should not oversee judges, because they have less credibility. Perry’s favorite justices were Alito, Roberts, and Thomas. Romney added Scalia. Gingrich and Bachmann liked all four. Huntsman limited himself to Roberts and Alito. Paul said all of them have good and bad features. Perry called for a part-time Congress and a 50% cut in their salaries.

GAYS: Romney opposed discrimination against people based on sexual orientation. He also opposed same-sex marriage. Santorum said Romney issued gay marriage licenses, but Romney explained the Mass Constitution required him to do so.

GUNS: Romney signed an assault weapons ban, but is now pro-gun.

ABORTION: Romney changed his mind on abortion, saying he was a pro-choice governor, but realized he was wrong when he vetoed an embryo bill. He is now pro-life. Santorum, who is 100% pro-life from conception to death, said Gingrich could have defunded Planned Parenthood, but he chose not to. Gingrich insisted he has a 98.5% pro-life record. He said life begins at conception, when embryos are conceived. They should be regarded as life and not experimented with. He opposes partial-birth abortion.

RELIGION: Gingrich complained of a 9th Circuit ruling that said “one nation under God” in the Pledge of Allegiance is unconstitutional. He called the judges anti-American.

12/13/2011

Republican Debate in Iowa (12-10-11)

Six of the remaining Republican candidates, with the notable absence of Gov. Huntsman, debated in Iowa on Dec. 10, 2011.

CANDIDATE HARDSHIPS: Romney admitted he didn’t grow up poor. If people are looking for that background, he said, he is not their man. He said his father taught him hard work, by making sure he had jobs, such as serving overseas for his church. While debating health care, Romney however showed how out-of-touch he is with normal people, by offering to bet Perry, not $10, but $10,000, over the content of his book. Perry explained his family didn’t even have running water, until he was a 5-year-old. Paul worked his way through college, saying they didn’t have much. Bachmann got a job at age 13, when her mother divorced, and her family dropped below the poverty level. Gingrich’s father was in the army, causing him to move about a lot. Santorum was happy to have lived in a modest setting with a father and a mother.

FOREIGN POLICY: Paul would stop being the policeman of the world, allowing us to cut billions from overseas spending. He said we don’t need another war in Syria or Iran. We pretend we are leaving Iraq, he said, but we still have 17,000 contractors there. He would get rid of the new embassy in Iraq that cost 1 billion.

IRAN: Perry thinks Obama could have retrieved or at least destroyed the Drone recently downed by Iran. He believes China and Russia now have the Drone’s highly technical equipment.

SPACE: Romney disagreed with Gingrich’s idea to establish a lunar colony to mine minerals from the moon. Gingrich said he only wanted to prompt kids into dreaming of going to Mars.

PALESTINE: Paul correctly explained: when the Ottoman Empire ruled the Mideast, neither the Israelis, nor the Palestinians, had independent states. He suggested letting the people in that region deal with their own problems, as we cannot be the policeman of the world, or settle their disputes, because we are broke. Gingrich, ignorant of history, called the Palestinians an “invented people.” He labeled all of “these people” terrorists. He accused them all of teaching terrorism in schools. He exaggerated, suggesting Israel was getting rocketed every day. He believes the Palestinian “right of return” to their homeland, now illegally occupied by Israel, is based on a historically false story. He incorrectly suggested the word “Palestine” did not become a common term until after 1977. The Chief Palestinian negotiator correctly observed Gingrich’s statements will give Bin Laden like extremists, ammunition for a long time. Romney agreed with “most of what Gingrich said, except the Palestinians are an invented people.” He criticized Obama for wanting to go back to the 1967 borders, as he thinks this would only make things more difficult for Netanyahu. Our disagreements with Israel, he said, should be conducted in private. Bachmann went to Israel in 1974 and worked on a kibbutz. Before she would make any statements about Israel, she would first call Netanyahu to seek his permission, by asking him “would it help if I said this?” She thinks all Palestinians teach their children to hate Jews. Santorum said “the Israelis have a right to determine what happens on their land,” but incorrectly believes, “the West Bank is Israeli land.”

IMMIGRATION: When Gingrich was asked how many years an illegal alien would have to live in the U.S. to get special consideration, he said the issue would be turned over to local review boards, who would consider whether they had been a good local “citizens,” or belonged to a church, before granting residency, not citizenship. He doubted there are 3.5 million who have been here 25 years. He wants severe penalties for employers who hire illegally. Romney said amnesty would give rights to education and health care. He does not want to encourage another wave of illegal immigration and would make them get in the back of the line with everyone else who wants to come here. Perry would enforce the immigration laws already on the books. He would not do catch and release, or sue states like Arizona.

WALL STREET: Bachmann opposed the Wall Street bailout, as they made foolish decisions, took profits in good times, but when things went bad, their losses were socialized. Paul said the Middle Class is being destroyed, and things are only going to get worse.

SOCIAL SECURITY: Perry accused Obama of defunding Social Security through a payroll tax cut. We can’t fix the Trust Fund by taking resources away from it. Either you care about Social Security, and you fund it, or you don’t, he said.

HEALTH CARE: Bachmann said Gingrich advocated for an individual mandate for over 20 years, and Romney implemented socialized medicine in his state. Perry also accused Romney and Gingrich of favoring the individual mandate. Gingrich said the mandate idea arose in the 1990s in response to Hillary Care. Newt said he fought Obamacare every step of the way, incorrectly arguing if Congress can make you buy insurance, they could make you buy anything. He said the whole third party payer model, public or private, has become difficult and expensive, suggesting we return to a doctor-patient relationship, with Health Savings Accounts, so people are involved in their own health care costs. Santorum opposed the mandate in 1994, while a Senate candidate, and supported Medical Savings Accounts. Romney authorized the mandate in Mass, because three of four supported it. He said Obama’s plan does three things Mass. did not do: 1) raise taxes 500 billion; 2) cut Medicare 500 billion; 3) take over health care. Obama’s plan, he said, is wrong, and should be repealed, because it cuts Medicare and raises taxes. He thinks the Supreme Court will declare it unconstitutional, as it violates the 10th Amendment. The right course, Romney said, is to let each state experiment.

JOBS: Gingrich thinks he will create jobs by lowering taxes, repealing regulations, and developing energy. Romney said jobs are not created in Washington, but in the private sector. He would do seven things to create jobs: 1) lower tax rates; 2) change regulations; 3) alter trade policy; 4) use energy resources; 5) curtail the NLRB; 6) use human capital; and 7) limit government spending. Paul thinks jobs are related to financial bubbles, caused by excessive credit, stimulated by the Fed. The debt, he said, inhibits economic growth. Instead of liquidating it, it was dumped on the American people. Paul said the culprit is big government spending. Bachmann thinks she would create 1.4 million jobs by legalizing American energy. She would cut Obamacare, as she believes it will cause a loss of 1.6 million jobs. Santorum said 21% were employed in industry, but now it’s only 9%. To revitalize it, he would eliminate income taxes on manufacturing.

LABOR LAW: Romney does not agree with Gingrich’s idea to abolish Child Labor laws, or have kids clean schools. He said those laws don’t need changing. Gingrich thinks kids should learn to work at an early age, saying janitors in New York are paid twice as much as teachers, and children should take their jobs.

HOUSING: Paul said Gingrich supported TARP, and received a lot of taxpayer money from Freddie Mac, which is essentially a government organization. Gingrich denied being a lobbyist for any government agency. He said he was only paid to give advice. Paul reminded Gingrich he took taxpayer money.

ENERGY: Gingrich said he testified against “cap and trade” and helped defeat it in the Senate, the same day Gore testified for it.

TAXES: Gingrich would eliminate capital gain and death taxes, and would lower corporate income tax rates to 12.5%. Perry wants a flat tax of 20%. Bachmann would abolish the entire Federal Tax Code, and replace it by lowering tax rates for individuals and businesses, and increasing them for the poor, by making sure everyone pays. She said 47% pay no federal income tax. She opposed the payroll tax cut for ordinary Americans, because she called it a gimmick that took 111 billion from the Trust Fund, forcing us to go to the Treasury for the difference. Romney called the payroll tax cut a Band-Aid.  He repeated his desire to help the rich, by eliminating taxes on interest, dividends and capital gains.

FAMILY: Perry said if you cheat on your spouse, why wouldn’t you cheat on anyone? Santorum would not go so far as to say character is a disqualifier, since people make mistakes, but said it’s a factor. Gingrich admitted, as a 68-year-old grandfather, he made mistakes, but went to God for forgiveness, and the question now is whether he can be trusted. Bachmann declared herself an unashamed and unapologetic Christian. Paul, married for 54 years, said marriage vows are as important as the oath of office. If we took our oath seriously, he said we would get rid of 80% of government, have a balanced budget, not be the policeman of the world, not have a Fed Reserve, and not invade the privacy of citizens under the Patriot Act.

11/18/2011

Republican Debate: Michigan (11-9-11)

The Republicans debated in Michigan on Nov. 9, 2011:

CHINA TRADE: Romney would sue China in the WTO, because he said they are unfairly cheating, and not playing by the rules, as they engage in predatory manipulations of their currency, and make Chinese goods artificially low-priced. Huntsman warned randomly slapping tariffs on Chinese goods would trigger a trade war, which is not a good idea, since China would do the same to our exports. Santorum called tariffs a tax on “you.”

EURO CRISIS: As to Europe, Romney said they should take care of their own problems. What is happening in Italy and Greece, he said, is where we are headed if we don’t change. When asked about U.S. contributions to the IMF used to help the Euro Zone, he said the U.S. must focus of our own deficits. Huntsman warned if we do not get on top of our debt, we will soon look like Europe. Cain said there was not a lot we could do about Italy, because they were already beyond the point of return.

OCCUPY WALL STREET: Huntsman wants to be the President of the 99% as well as the 1%. He agreed we should not bail out corporations, because we spent trillions with nothing to show for it. He disagreed with the anti-capitalism message some made.

BANKS: Huntsman is concerned about “too big to fail” and wants a proper size for banks. We must address the problem of banks too big to fail, because they are setting us up long-term disaster. He said six institutions have 9.4 trillion or 60 to 65% of our GDP with implied taxpayer guarantees of protection, which is unfair to taxpayers. They need to be “right-sized.” The banks need to pay to take the risk away from taxpayers. Cain wants to get regulators off the backs of the banks.

FEDERAL RESERVE: Gingrich would fire the Fed Chair Ben Bernanke, and would audit the Fed with a complete disclosure so we know who was bailed out and why. Paul said the Fed is engaged in price-fixing by setting interest rates well below market levels. We are cheating the elderly of interest income they could earn on their CDs, as banks get loans at zero percent.

HOUSING: What about the 25% who owe more to the bank than their house is worth? Gingrich said “short sales” need to be easier. He thinks the banks profit more from foreclosing than by doing “short sales.” He thinks unemployment is keeping housing from coming back. Romney said holding off the foreclosure process, like the president has done, won’t work. The government cannot buy up all the homes in America. Fannie Mae and Freddie Mac gave loans to people who could not afford to pay them back. We won’t see home prices return, unless we let the market work. Bachmann said at the time of the meltdown, 50% of homes were financed by Freddie and Fannie, and now its 90%, and yet they want another 7 billion. Cain would make Freddie and Fannie private entities. Paul said the housing debt has to be liquidated, as we are just prolonging the housing bubble agony. Fannie Mae and Freddie Mac just keep demanding more money, Paul said.

CORPORATIONS: Romney said it is not a choice between job creation and maximizing profits. Profits help expand businesses and cause them to hire people, he said. Profitable enterprises hire people. He accused the Democrats of not liking business. Perry wants the market and private sector to make decisions. He would let consumers choose winners and losers. He said if a company is too big to fail, it is too big.

LABOR: Cain said the NLRB should not be telling Boeing what to do in South Carolina.

REGULATIONS: Perry said regulations are killing America, and we need to pull back on them. If it kills jobs, do away with it, he said. He would eliminate three agencies, Commerce, Education, but he could not remember the third, until someone prompted him to say EPA. But then he recanted, and said not the EPA. He later said he was trying to remember the Energy Dept.

AUTO BAILOUT: Romney said the auto bailout was wrong, adding they should have gone through a managed bankruptcy. He opposed giving GM to the UAW, and Chrysler to Fiat. Huntsman did not think the 68 billion dollar auto bailout was a good use of taxpayer money. He said Americans are sick and tired of bailouts.

ENERGY: Huntsman wants energy independence. Bachmann said we need to legalize American energy. Santorum wants to produce energy in this country. He wants to cut all the subsidies, and let the market work. He does not favor incentives to get energy businesses going.

HEALTH: Huntsman said we need to address health care cost containment with the 50 governors. He would not have a costly mandate. Half of health care spending is nonsense, he said. We have to get cost out of the system. Patients need to be empowered. We need truly affordable insurance. Paul supports medical savings accounts and would allow opt-outs from Obamacare. We need market forces in medicine, he said. Perry said if Medicare were run by the states, it would save a ton of money. Romney would let the states do their own programs, but thinks individuals must have insurance. Health care has to work more like a market, where people have a stake cost. The malpractice system is nuts, he said, and should be taken over by the federal government. He said government is playing too heavy a role, and patients need to have a stake in cost. He was asked about providing subsidies for those who cannot afford health insurance. Gingrich would turn health care over to the states for experimentation. Bachmann said health care is too expensive. She said Obama promised we would save $2,500 per year in premiums. We need to end the insurance monopoly in every state and allow a free market. Santorum wants the government out of the health care business, and replace it with a consumer driven market.

SOCIAL SECURITY: Gingrich said President Johnson put Social Security into the general budget, and politicians now hide behind it. The money is there and available and the country ought to pay the debt it owes to those who put it there. Bachmann opposes an extension of the payroll tax cut, because it is blowing a hole in the Trust Fund. Perry talked about going to some kind of vague blended price and wage program.

EDUCATION: Paul said there is no authority in the Constitution for the federal government to be involved in education. He would get rid of student loans. Gingrich was asked about student loans and the fact they cannot be wiped out in bankruptcy. Perry said we have to control college Boards of Regents.

SPENDING AND DEBT: Romney said we cannot continue to pass massive debts to the next generation. Romney wants to cut spending. Paul said spending is taxing. He would cut 1 trillion from five departments in his first year. Bachmann said Washington receives 2.2 trillion but spends 3.7 trillion.

TAXES: Bachmann believes taxes cause jobs to leave the U.S. We have the 2nd highest corporate tax rate in the world, she said. If state and federal rates are combined, she claimed we have a 40% corporate rate. Capital went to places where rates were falling. We have to lower our rates. Santorum was asked if his proposed zero tax on manufacturing would be flatter, simpler, or fairer. He said he was not picking winners and losers. He said the government made us uncompetitive, and we need to compete on taxes. Perry proposed a 20% flat tax on personal and corporate incomes. Cain would throw out the current tax code. We need something simple, since complexity is costing 430 billion a year. He wants all treated the same, without winners or losers. Romney was asked why he was holding on to the progressive income tax. He said he wanted flatter rates.  He wants special breaks removed. He would reduce the corporate rate from 35% to 25%. Bachman said there is something wrong with the income tax when only 53% pay it, and 47% do not. She wants everyone to pay something. Huntsman wants to phase out loopholes, deductions, corporate welfare, and subsidies. He would lower rates.

HARASSMENT: Cain said he was being tried in the court of public opinion based on unfounded sexual harassment accusations. Voters don’t care about the character assassination, he said. Romney would not say if a CEO like Cain could be kept.