EDUCATING ROMNEY

ACTUALLY...... Mitt Romney is talking tough again.  This time it's about China.  I'm sure he's been advised by many analysts that anything he does with China could be more than disastrous and possibly start a trade war that would hurt both American consumers and workers. Romney contends that he would take a much braver approach to what he calls 'abusive' Chinese trade practices, than President Obama.  He has repeatedly said "one of his first acts as President would be to formally label China a currency manipulator and slap punitive tariffs on Chinese exports to the U.S."  He said: "I want to make sure that if a nation cheats like China has cheated, we call them on the carpet and don't let it continue".

Romney's threat could damage the American economy.  I hope he's smart enough (?) to realize that China could retaliate by cutting purchases of U.S. debt and drive up our interest rates.  New tariffs on Chinese exports could increase prices for U.S. consumers.  His proposed actions would seriously damage our relations with the Chinese.  Daniel H, Rosen, an expert on Chinese economy said: "If a Romney presidency starts with aggressive new unilateral tariffs for China, then American firms from General Motors, to General Electric and Microsoft should all plan ahead for retaliatory treatment".

China's official Xinhau news agency said in a strongly worded English-language commentary  that "Romney's anti-China rhetoric, if converted into policy upon him assuming office, would trigger a catastrophic trade war and damage the already weak global economic recovery".

"It's rather ironic that a considerable portion of this China-battering politicians wealth was actually obtained by doing business with Chinese companies before he entered politics," Xinhua wrote.  "Such blaming-China-on-everything remarks are as false as they are foolish, for it has never been a myth that pushing up the value of China's currency would be of  litttle use to boost the chronically slack job market of the world's sole superpower, not to mention to magically turn the poor U.S. economic performance around."

Romney has repeatedly pledged, if elected, to get tougher with China on it's trade and currency practices, including to quickly declare China a currency manipulator.

DOESN'T HE KNOW THAT CHINA WON'T TAKE ANY CRAP FROM HIM ??

SHHH - IT'S A SECRET

ACTUALLY......Mitt Romneys affluence has once again surfaced, and I might add that it's not really complimentary. He has this affinity for sending his dollars to other countries.  He is a very secretive (or perhaps sneaky) man and it's believed he's not playing by the rules of transparency and disclosure.

There are recent reports regarding his offshore accounts.  Romney keeps millions of his income in the Cayman Islands, Switzerland, Ireland , Luxembourg and has invested more than $1 million in China.  I'm sure I recently read that if he is elected President, one of his priorities "on day one" is to start getting tough on China.  Humm?? He also owned a shell corporation in Bermuda.   An interesting fact about Bermuda - he transferred ownership of his secretive corporation to a blind trust in his wifes name.  Maybe this was to avoid disclosure.  Did he send his money offshore to keep from paying taxes?  One wonders just what amount of tax he would pay if his money was invested here in the U.S. instead of foreign tax havens.  It's not hard to believe that the reason he won't release his tax returns is because he has something to hide.  Americans have every right to know how he made his money, as well as what sort of taxes he pays. It's the right thing to do!

The American people don't know what he really has because he thinks he's too important to release his tax returns.  His golden parachute with Bain Capital still keeps him associated with the private-equity firm that he founded. Although he left the firm in 1999 he continues to receives large payments from them.  He revealed that in early June he received more than $2 million from Bain.

His campaign says Romney hasn't broken any laws - legally that is.  But is not breaking a law 'technically' good enough for someone who is running for President of the U.S.?  Romney is inauthentic, unprincipled, and has difficulty in telling the truth.  He's the picture of greed in a bad economy.

The Mormon Church says "do the right thing without delay regardless of the cost"

ROMNEY, THE CHARLATAN

ACTUALLY......did you know that Mitt Romney spent 25 years in the real world economy?  That's why he understands why jobs come and go.  He invested in a lot of companies that specialized in sending jobs done by American workers to low-wage countries like China, India and Mexico.  (That's the 'go' part.)  He doesn't talk much about the jobs he's created here in America.  Romney's outsourcing didn't just happen in the private sector.   When he was Governor of Massachusetts, he actually outsourced state jobs to a call center in India.  In the 15 years that he was running Bain, a private equity firm, they owned companies that shipped work from the U.S. to overseas call centers and factories making computer components according to the filings with the SEC.  The question has come up is this Outsourcing or Offshoring?  Not much difference, huh?

This my friends, is part of his economic philosophy.   He has also recently said that if he were President he would stand up to China and demand a level playing field for our workers.  He said he would direct the Department of Treasury to list China as a currency manipulator, and sanction China for unfair trade practices.  Think so, can't wait to see that - well he has made friends there.

There is no doubt that Mitt Romney is hoping for a worse case scenario in the U.S. economy.  The Congressional leadership is on Romney's same page.  I believe it's not about Mitt Romney - it's about the fact that things will get bad enough that they can throw President Obama under the bus and get rid of him. 

As if you didn't know - the GOP want's to get Obama out!  They couldn't care less how, or who beats him.  Mitt Romney is an etch-a-sketch man, a puppet for his campaign, has a very hard time telling the truth and is doing all he can to buy his way into the White House.  He will do or say anything to become President of the U.S.  What a sad day that would be.  Who in the world convinced him he was presidential material???

I'll always be an American, say the pledge of allegiance and wave "old glory", but I have to find someplace to hide if Romney is elected.  HELP!!  Maybe he'll deport me back to Ireland.