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Newt’s Newest Lie Soon To Be Revealed
Remember when Newt Gingrich promised to stay in the GOP primary election race until the Republican Convention in August? If you do not, perhaps this will refresh your memory.
Well, it now looks like that statement will soon be revealed as just another one of Gingrich’s many lies. It will prove to be just as untruthful as Gingrich’s statement that, “The $300,000 I was paid by Freddie Mac were for my services as, uh, a historian.” and “When I was speaker, we had four consecutive balanced budgets.” Still, maybe Gingrich’s best statement about lying was when he said, “Any ad which quotes what I said on Sunday is a falsehood.” So anybody who quotes Gingrich’s own words is lying? How’s that for twisted logic?
But let’s get to our latest news. The Huffington Post reports that despite Newt Gingrich’s vow to remain in the GOP race until the Republican Convention in August, it looks like he will soon quit the race. The blog reports that just yesterday in an interview with ABC News, Gingrich said, “I think we need to take a deep look at what we are doing”, adding that he would then have to “reassess”.
Those certainly sound like “quittin'” words from the candidate who’s campaign is millions of dollars in debt and who has laid off more than one-third of his staff. Oh well, Gingrich’s vow to stay in the race will simply be remembered as just another one of his lies like, “The Obama administration … would impose on every Catholic institution, every Jewish institution, every Protestant institution the Obamacare standard of what you have to buy as insurance.”
Oh Newt, we hardly knew ye!
Please remember to click on the song link below to familiarize yourselves with the tune and to have more fun singing along with today’s song parody.
You’re A Mean One Mr. Grinch song link: http://www.youtube.com/watch?v=nzXKWKaxt3c
YOU’RE A HAS-BEEN, NEWT GINGRICH
(sung to the Dr. Seuss song “The Grinch That Stole Christmas”)
You’re a has-been, Newt Gingrich
You’re lacking in appeal
Your were ousted as The Speaker
No one wants to hear you squeal
Newt Gingrich
You’re a unicycle
Without even one wheel
You’ve had three wives, Newt Gingrich
A mistress in the hole
Philandering’s your day job
You’re a slimy ugly troll
Newt Gingich
These woman that like you, must
Be on work release or parole
You’re a vile one, Newt Gingrich
Your words reek with rancid bile
Your criticism of Bill Clinton
As you’re cheating all the while
Newt Gingrich
There couldn’t be a bigger hypocrite
Within a Midwest country mile
You’re a foul one, Newt Gingrich
Your first divorce smelled of skunk
Your wife, Jackie fighting cancer
You told her she was junk
Newt Gingrich
The nicest words to describe you,
Are, as follows, and I quote, Pink. Wank, Punk
You’re a coward, Newt Gingrich
Avoided your army spot
Deferment-seeking chicken-hawk
That likes to talk real tough
Newt Gingrich
Your soul is an appalling dump heap overflowing
With the most disgraceful assortment of Republican
Sound-bytes imaginable,
Mangled up in tangled up knots
You’re the racist, Newt Gingrich
It’s not Judge Sotomayor
You play the race card as a white guy
That’s so laughable I’m sure
Newt Gingrich
You’re a stinking pile of vomit
Sitting in the sun
With feces on top
GOP’s “Jobs Bills” Lies Exposed
If there is one single thing the Republican Party excels at, it is telling lies. Remember Sarah Palin’s “Death Panels”? How about George W. Bush’s “Weapons of Mass Destruction”? There was Ronald Reagan’s “The U.S. does not negotiate with terrorists”. We heard Mitt Romney say “Obama has made the economy worse.” Newt Gingrich said, “The $1.6 million I was paid by Freddie Mac were for my services as, uh, a historian.” Ron Paul lied about his racist newsletters and Rick Santorum said, President Obama is “driven by a phony theology – not a theology based on the Bible.” Is it any wonder that polls have shown Republican approval ratings as low as 10%?
One of the GOP’s favorite lies which is repeated by just about all of them is that they (i.e. House Republicans) have passed 30 “jobs bills” that have just been sitting in the Senate. Speaker of the House John Boehner (pronounced bo-ner) said last Sunday on Fox news (where else?), “30 jobs bills were passed over the last year in a Republican House of Representatives that are sitting in the United States Senate — thirty. Our focus over the last 12 months has been on jobs. Our focus over the course of the next 12 months is going to be on jobs.” The Republicans even have a webpage with a list of their so-called jobs bills.
Unfortunately for Mr. Boehner and the Republicans, somebody has been keeping score. Crooksandliars.com has gone so far as to point out why each of those bills is not, in fact, a jobs bill at all. Indeed, it is humorous to note that the Republicans’ web page lists only 27 (not 30) bills. There is another lie to add to the ever-growing list. The following is a brief synopsis of each alleged “jobs bill” and why it is not a “jobs bill” at all:
HR 3630 – The Middle Class Tax Relief & Job Creation Act of 2011: It cuts the 99-week maximum down to a 59-week maximum by mid-2012, allow states to drug-test UI recipients, and allow states to reduce state unemployment benefits and substitute federal funds. It also cuts funding for key provisions of the Affordable Care Act coming online. It also repeals the new timing rules for estimated corporate tax payments for companies with assets of $1 billion or more so that they can use payments of estimated taxes as a timing tool for fourth quarter profit declarations. So, where is the job creation in this bill? None of those provisions create jobs.
HR 1633 – Farm Dust Regulation Prevention Act of 2011: This bill prevents the EPA from issuing or finalizing regulations revising air quality standards under the Clean Air Act, and excepts farm dust from all references to “particulate matter.” No jobs there.
HR 10 – Regulations from the Executive in Need of Scrutiny (REINS) Act of 2011: Guts the regulation process by mandating that every regulation promulgated be approved by Congress after an onerous submission process, while exempting any Congressional finding from judicial review. Call this one the Carte Blanche For Congress To Kill All Regulatory Authority Bill. No jobs created by this bill.
HR 3010 – Regulatory Accountability Act of 2011: This is a modified, somewhat less onerous version of HR 10, setting guidelines for whether any regulations are warranted at all even if called for under a statute. Calling an anti-regulatory statute a jobs bill is a little like calling a half-built bridge infrastructure. So again, not a jobs bill.
HR 527 – Regulatory Flexibility Improvements Act of 2011: This bill would reduce regulatory requirements on small businesses by forcing an impact study with specific focus on small business before regulation is adopted. It would limit EPA, OSHA and CFPB regulations while presumably protecting “small” closely-held Subchapter S corporations like Koch Industries. Not a jobs bill.
HR 3012 – Fairness for High-Skilled Immigrants Act of 2011: This bill would expand job immigration beyond current limits by eliminating employment-based immigrant visa caps and raising the percentage of total visas granted to 15% from 7%. For this one, I’ll say it IS a jobs bill, but not a jobs bill for American workers. It is the “Elite Immigration Jobs Bill of 2011”.
HR 3094 – Workforce Democracy and Fairness Act: This bill redefines collective bargaining units and makes significant changes to election procedures, including one intended to intimidate employees: an employer-supplied list of eligible voters with contact information provided by the employee. Not a jobs bill. A union-buster bill.
HR 2930 – Entrepreneur Access to Capital Act:This bill exempts startups raising less than $1 million in venture capital from small investors from SEC registration and oversight. Not a jobs bill. An anti-regulatory bill.
HR 2940 – Access to Capital for Job Creators Act: This bill repeals prohibitions on solicitation or advertising of a securities offering. It’s a companion to HR 2930, and is intended to allow people with no relationship to a startup company to invest in it without any oversight by the SEC. Let’s call this and its evil twins HR 2930 and HR 1965 the “Ponzi Scheme Coverup Acts of 2011”
HR 1965 – Securities Laws Amendment: This bill changes the shareholder threshhold for SEC registration from 500 to 2000 shareholders. It’s not a jobs bill. It’s a “hide from the SEC” bill. Its companion, HR 1970, would exempt SEC registration of public offerings under $50 million rather than the current $5 million threshold.
Many More EPA Acts: So many they don’t deserve to be broken down individually. HR 2273 removes coal ash regulation from the EPA and hands it to the states. HR 2681 would put a legislative stay on cement manufacturing emission standards. HR 2250 would put a legislative stay on EPA boiler MACT rules. HR 2401 would require analysis of all EPA regulations relating to air, waste, water and climate change. HR 2018 would restrict EPA from issuing any revisions to existing water standards or issuing a new standard for a pollutant if the state has already adopted one or there is an existing standard in place. In other words, ignore any new scientific research after an initial standard has been set. HR 2021 amends the Clean Air Act to open oil and gas exploration off the Alaska coast. HR 910 strips the EPA of authority to regulate greenhouse gases under the Clean Air Act, a direct assault on efforts to limit man-made contributions to climate change. HR 872 expands the use of pesticides, fungicides and rodent without EPA approval. Not a job created in any of these bills.
Many More Oil and Gas Drilling Acts: There is HR 1231, which would require the Administration to allow offshore oil and gas drilling and exploration in order to meet set domestic production goals, effectively forcing the moratorium on offshore drilling to be lifted to meet goals. HR 1229 requires the Energy Secretary to consider any offshore drilling permits within 30 days of receiving it and provide application denials in writing within 60 days of the application. Another “forced moratorium lift” bill. HR 1230 forces sales of oil leases in the Gulf of Mexico and Outer Continental Shelf of Virginia. It also lifts requirements for environmental impact statements and grandfathers in a 2007 document as authority for environmental impact. No new jobs created here either.
Special Interest Legislation, or Pandering to Corporate Interests
- HR 1904 proposes an exchange of land so that Resolution Copper, LLC can mine copper on what is now part of the Tonto National Forest.
- HJ Res 37 is a resolution of disapproval on net neutrality.
- HR 2587 prohibits the NLRB from restricting where an employer can locate. This is in response to the NLRB’s objection to the Boeing plant relocation to South Carolina, a right-to-work state.
These would fall under the anti-labor, anti-environment categories, but not particularly effective job creators. In fact, in Boeing’s case, the jobs lost would hurt the economy more than jobs created in a right-to-work state where employers are not obligated to adhere to industry standards on contracts, safety or other issues.
Republicans passing jobs bills? Nope. Just more GOP lies.
Today’s song parody takes a rapid-fire look at Republicans past, present and future. Please remember to click on the song link below to familiarize yourselves with the tune and to have more fun singing along with the parody.
We Didn’t Start The Fire song link: http://www.youtube.com/watch?v=eFTLKWw542g&ob=av2e
WE DIDN’T START THE LYING
(sung to the Billy Joel song “We Didn’t Start The Fire”)
Ronald Reagan, Larry Craig, Mark Sanford, Tom Delay
Michelle Malkin, Michele Bachmann, “Goin’ with the flow”
Joe McCarthy, Richard Nixon, Howard Baker, lack of vision
Spreading Fear, Acting queer, and ole Sixpack Joe
No icebergs, H-Bomb, “Pay for play”, “Hockey Mom”
Landrieu, Hamid Karzai, and that Michael Savage guy
Ivy tower, Van Flein, Tea-bagger party scene
Party of “No”, Tim Pawlenty, Let’s watch Glenn Beck cry
These are G.O.P. liars
Shy away from learning
Keep our stomachs turning
Burning their cross of fire
We watched them light it
And they can’t deny it
Vitter’s fallin’, Ginny Foxx, Boehner and Inhofe
Mitch McConnell, small umbrella, Talking the talk
Spin Zone, Rent to own, Straight martini, Bank loan
Russian view and Pastor Haggard’s flock
Sex crimes, Grassley, John McCain is “Mavericky”
Lining pockets, health care plan, Giuliani, Limbaugh Land
Barrasso, Fake protest, Tom “The Hammer”, Chambliss
Senate race, Lack of grace, and Melvin Martinez
These are G.O.P. liars
Shy away from learning
Keep our stomachs turning
Burning their cross of fire
We watched them light it
And they can’t deny it
Loaded Glock, SarahPAC, Sam Alito, Johnny Mack
Jindal, Right to die, Tripp’s father is Levi
Pentagon, Border wall, We must deport them all
Bed-wetters, genocide, No assisted suicide
Bush’s folly, Torture, Dick Cheney, Blackwater
Hate groups, Castro, John Ensign and his ‘ho
First Dude, Hannity, Mann Coulter and O’Reilly
Scooter Libby, Karl Rove, Sarah Palin’s “Sixpack Joes”
These are G.O.P. liars
Shy away from learning
Keep our stomachs turning
Burning their cross of fire
We watched them light it
And they can’t deny it
Kay Bailey, Muslims, K Street is full of bums
Villains, Pearlman, Iraqi Invasion
Health reform hysteria, Sarah Palin mania
Shameless G-Men, War in Afghanistan
Ron Paul, Airport sex, They don’t want no litmus test
Kneel and pray, Always “nay”, Can’t get married if you’re gay
These are G.O.P. liars
Shy away from learning
Keep our stomachs turning
Burning their cross of fire
We watched them light it
And they can’t deny it
Birth control, Lives of sin, They like folks that have white skin
Buckshot, Dow stock, Loud mouthed chicken-hawks
Takin’ Bacon, Palestine, Palin is no friend of mine
Now they have nukes in Iran, Couldn’t stop the Taliban
Makin’ fortunes, Soldiers die, Did we mention Glenn Beck cried?
Foreign debts, Homeless vets, Exposed by three jets
We voted them out the door, Now they’re just a mouse that roars
Spider holes and unjust wars, I can’t take them anymore.
These are G.O.P. liars
Shy away from learning
Keep our stomachs turning
Burning their cross of fire
We watched them light it
And they can’t deny it
(repeat chorus to fade)
The Difference Between Democrats And Republicans
As we have said here before, sometimes you simply cannot say something better than somebody else already has. Today is one of those days when we demonstrate what that means. The wonderful folks over at AddictingInfo.org recently posted a column titled, “Fifteen Differences Between Democrats And Republicans”. It is spot, so please enjoy. when you finish, please head on over to the website for more great stuff!
Republicans fear that the government has too much control over corporations. Democrats fear that corporations have too much control over our government.
Democrats believe it benefits all of us to help the weakest and the poorest among us. Republicans believe it benefits all of us to help the wealthiest and most powerful among us.
Republicans believe large corporations will always do what is best for the American people if the government stays out of the way. Democrats believe large corporations would disembowel you and sell your organs to the highest bidder if the government didn’t stop them.
Democrats believe everyone is entitled to health care regardless of their ability to pay. Republicans believe everyone is entitled to jack squat if they can’t pay for health care.
Democrats believe too much of our money goes to crooked corporate executives who take government subsidies and pay themselves $80 million salaries. Republicans believe too much of our money goes to teachers who make $30,000 a year.
Democrats believe anything that helps the American people during a recession or a time of crisis is the true essence of patriotism. Republicans believe anything that helps the American people during a recession or a time of crisis is the true essence of communism.
Democrats believe that we need to set high standards for clean air and drinking water. Republicans believe that standards for clean air and water are burdensome over-regulation.
Democrats believe the President and Congress need to work together to create jobs during a weak economy. Republicans believe that Congress should do nothing to create jobs and then blame the President.
Democrats believe that corporate polluters should be made to pay for the cleanup of their pollution. Republicans believe that making corporations clean up their pollution is burdensome over-regulation.
Democrats believe our health care system exists solely for the purpose of making people healthy. Republicans believe our health care system exists solely for the purpose of making a healthy profit.
Democrats believe Congress should be of the people, by the people and for the people. Republicans believe corporations are the people.
Democrats believe that corporations have too much influence over Congress due to their lobbyists and huge campaign contributions. Republicans believe the middle class has too much influence over Congress due to their voting and paying taxes.
Democrats believe we need to protect victims of corporate negligence by allowing Americans to file lawsuits against corporations. Republicans believe we need to protect large corporations from lawsuits by Americans who’ve been victimized by them.
Democrats believe that the rich should be taxed more than the poor and middle class. Republicans believe that the rich should be allowed to keep all their wealth, except for the millions in campaign contributions they give to politicians.
Democrats believe that too much money in politics produces corruption and destroys the American way of life. Republicans believe that money and corruption in politics are the American way of life.
Once again, please visit Addicting Info!
Please remember to click on the song link below to familiarize yourselves with the tune and to have more fun singing along with today’s song parody.
California Dreamin’ song link: http://www.youtube.com/watch?v=2xN9r0bWe78
CONSERVATIVE DREAMIN’
(sung to the Mamas & The Papas song “California Dreamin’”)
All their shirts are brown
(All their shirts are brown)
And their hair is grey
(And their hair is grey)
Listen to them talk
(Listen to them talk)
As they loudly pray
(As they loudly pray)
Scandal is their norm
(Scandal is their norm)
They have one every day
(They have one every day)
Conservative dreamin’
(Conservative dreamin’)
And politics of hate
Members of John Birch
Some won’t admit they’re gay
But when they get down on their knees
(Get down on their knees)
That’s when they like to play
(When they like to play)
These slimy creatures should be told
(Creatures should be told)
Membership’s gone away
(Members gone away)
Conservative dreamin’
(Conservative dreamin’)
Has led them all astray
(hypocrisy break)
Trump he was a clown
(Trump he was a clown)
Gingrich had his day
(Gingrich had his day)
Palin cannot talk
(Palin cannot talk)
She’s no Tina Fey
(She’s no Tina Fey)
Somebody should tell her
(Somebody should tell her)
To just go away
(To just go away)
Conservative dreamin’
(Conservative dreamin’)
Has become so cliché
(Conservative dreamin’)
Has lost all its cache´
(Conservative dreamin’)
Drives voters all away
Mitt(wit) Romney Is One Of The Beautiful People
Think about this for a moment. Could Mitt Romney possibly do any better a job at convincing the American people that he is a filthy rich, privileged, out of touch, heartless and deceiving candidate for President of the United States?
Setting aside for the moment his countless flip-flops on policy issues and the fact that he is now Donald Trump’s BFF, let’s take a close look at some of the facts about this Republican and also at some of the things that he has actually said.
Mitt Romney is one of the richest men in the country. Despite the fact that he has wealth to spare however, as the result of an unfair tax code, he pays less than 14% tax on his earnings. Indeed while earning $ 21.7 million in 2010, Romney paid a lower tax rate than a person earning only $ 50,000 in wages per year. To make matters worse, Romney’s proposed tax overhaul would maintain this preposterously low rate for the wealthy while penalizing people earning $ 40,000 or less per year.
Romney is so out of touch with human emotion that he once strapped the family dog to the roof of his car for a 12 hour drive from Boston to Ontario, Canada. During the trip, The Boston Globe reported, Romney’s oldest son, Tagg, looked around through the rear window and yelled, “Dad — gross!” A brown liquid was dripping down the back window — diarrhea from an animal that just might have been caused by the stress of being inside a cage for 12 hours on top of a car going 60 mph. The Globe described what Romney then did as follows: “As the rest of the boys joined in the howls of disgust, Romney coolly pulled off the highway and into a service station. There he borrowed a hose, washed down Seamus and the car, then hopped back onto the highway. It was a tiny preview of a trait he would grow famous for in business: emotion-free crisis management.” How is that for loving treatment of a beloved family pet?
Let’s now take a look at some of the things Mitt Romney has said:
“I saw my father march with Martin Luther King.” (Romney’s campaign later admitted that they didn’t march on the same day, or in the same city;
“I purchased a gun when I was a young man. I’ve been a hunter pretty much all my life.” (Romney’s campaign later said he’d been hunting twice, once when he was 15, and once in 2006 at a Republican fundraiser;
“Corporations are people, my friend… of course they are.”;
“I like being able to fire people who provide services to me.”;
“I should tell my story. I’m also unemployed.” —Mitt Romney, speaking in 2011 to unemployed people in Florida. Romney’s net worth is over $200 million;
“There were a couple of times I wondered whether I was going to get a pink slip” –Mitt Romney, attempting to identify with the problems of average folk (January 2012);
“I’m running for office for Pete’s sake, we can’t have illegals” –Mitt Romney, recalling his reaction when he learned that there were illegal aliens working the ground on his property, employed by a firm that he subsequently fired (October 2011);
“[Obama’s stimulus program is] one of the biggest peacetime spending binges in American history.” —Mitt Romney in April 2011, while U.S. troops were fighting wars in Afghanistan and Iraq and involved in airstrikes against Libya;
“I believe in an America where millions of Americans believe in an America that’s the America millions of Americans believe in. That’s the America I love.” –Mitt Romney (January 2012); and most recently
“I’m not concerned about the very poor. We have a safety net there.” —Mitt Romney (January 2012).
Please remember to click on the song link below to familiarize yourselves with the tune and to have more fun singing along with today’s song parody.
“Baby, You’re A Rich Man” song link: http://www.youtube.com/watch?v=S8ZnI-ZO8Eo
ROMNEY, YOU’RE A RICH MAN
(sung to the Beatles song “Baby, You’re A Rich Man”)
How does Mitt feel to be
One of the “beautiful people”?
Now we all know just who you are
Privileged and G.O.P.
And now you are Donald Trump’s star
That’s some stupidity
How does Mitt feel to be
One of the “beautiful people”?
So striking with perfect hair
Rolling in lots of dough
Mitt loves tax codes that are not fair
His tax rate is so low
Romney, you’re a rich man
Romney, you’re a rich man
Romney, you’re a rich man too
Mitt keeps all your money in an offshore bank, that’s what you do
What a thing to do
Romney, you’re a rich man
Romney, you’re a rich man
Romney, you’re a rich man too
How does Mitt feel to be
One of the “beautiful people”?
Inheritance from Daddy
Nothing to do with gays
Layoffs with jobs sent overseas
Happy it is that way
Romney, you’re a rich man
Romney, you’re a rich man
Romney, you’re a rich man too
Mitt keeps all his money in an offshore bank, that’s what you do
What a thing to do
Romney
Romney, you’re a rich man
Romney, you’re a rich man
Romney, you’re a rich man too…
Is Romney Dishonest, Stupid or Both?
Mitt Romney is a man who is accustomed to having it both ways. He has flip-flopped on issue positions such as abortion, gun rights, immigration and personal mandates for health insurance so frequently that nobody knows what he believes. He is also one of the very privileged top 1% of this nation’s wealth hierarchy who makes substantially more money than 99% of Americans while he pays a tax rate commensurate with someone who earns less than $ 50,000 per year. Mitt(wit) Romney is truly a two-way street.
We got another dose of “Double-Talk Mitt” during last night’s Republican debate in Florida. Moderator Wolf Blitzer asked Romney, “You’ve had an ad running saying that Speaker Gingrich called Spanish – quote – ‘The language of the ghetto.’ What do you mean by that?”
Romney’s answer was one of the most confusing, convoluted, non-responsive bits of gibberish that we have heard in a long time. He said,
“I haven’t seen the ad, so I’m sorry, I don’t get to see all the TV ads. Did he say that? Did you say that? I doubt that’s my ad, but we’ll take a look and find out…Let me ask the speaker a question. Did you say what the ad says or not? I don’t know.”
Unfortunately for Romney, he was not given the opportunity to “take a look and find out”. Blitzer immediately performed a fact-check and informed Romney that “We did double check. It is one of your ads. it’s running here in Florida on the radio and at the end you say (in Spanish) ‘I’m Mitt Romney and I approve this message'”. The crowd then immediately burst into a loud round of “booing” Mitt Romney.
Is Mitt Romney dishonest, stupid or both? Did he intentionally mislead the debate audience when he said, “I doubt that’s my ad”? This seems plausible inasmuch as he obviously took the time to learn how to say in Spanish, “I’m Mitt Romney and I approve this message”. He also had that approval inserted at the end of the ad. Maybe Mitt Romney is just stupid however. Perhaps he agreed to placing his stamp of approval on an ad which he never even took the time to review beforehand. Maybe Romney just has a very poor memory and could not recall producing the ad in question. Whatever the true answer may be, it does not reflect kindly upon a man who wants to be President of the United States of America. Our nation deserves much more from our Chief Executive.
Please remember to click on the song link below to familiarize yourselves with the tune and to have more fun singing along with today’s topical song parody. Please enjoy!
The Great Pretender song link: http://www.youtube.com/watch?v=rwfmbXJEBtY&ob=av2n
MITT IS THE GREAT PRETENDER
(sung to The Platters song “The Great Pretender”)
Oh yes, Mitt’s the great pretender
Pretending that he is so swell
His needs are such; he pretends too much
The truth he simply cannot tell
Oh yes, Mitt’s the great pretender
Romney’s true beliefs are unknown
Mitt plays the game; flip-flops without shame
With no firm beliefs of his own
He was pro-choice he had us all believe
But when he faced strife, he switched up to pro-life
Oh yes, Mitt’s the great pretender
His opinion changes by town
Mitt claims to be what he’s not; you see
He wears his deceit like a crown
Romney is a flip-flopping clown
In Mass., health reform was what he achieved
He now says he feels health reform needs repeal
Yes, Mitt’s the great pretender
Just switching positions around
Ol’ Mitt Romney is not what you see
He wears his deceit like a crown
Romney is a flip-flopping clown
Mitt(wit) Romney and the Taxman
Mitt Romney is continuing his flip-flopping ways.
Shortly after announcing his candidacy for President, Republican Mitt Romney declared that he would not release his tax returns for inspection by the electorate (not to mention his opponents and the media). Then, after facing criticism from his GOP opponents and the media, he flip-flopped and said that he would only release tax returns in April when he was the Republican nominee. Unfortunately for the multimillionaire Romney, last week he let it slip that he thinks he only pays a 15% effective tax rate. Inasmuch as the vast number of working/middle class wage earners pay a much higher tax percentage according to the income tax marginal brackets, the heat was turned up on Romney to release his tax returns immediately. Average Americans wanted to know if our tax system is so unfair that the wealthy benefit while the ordinary (not very wealthy) wage earner is penalized. Next it was revealed that Romney stashes tens of millions of dollars in offshore Cayman Island accounts and thereby deprives our nation of tax dollars while less affluent Americans bear the burden of paying their full share of taxes. Consequently, as a result of added pressure, Mitt Romney flip-flopped yet again and decided to release his 2010 and estimated 2011 tax returns on Tuesday of this week.
The returns show that Mitt and Ann Romney, who are worth from $190 million to $250 million, earned $21.7 million in 2010 and paid a 13.9 percent tax rate, lower than that of a person earning $50,000. The 2011 estimates show an income of $20.9 million, with the couple paying a tax rate of 15.4 percent, closer to the estimate that Romney gave but still substantially less than most average Americans pay. The Romneys’ income came entirely from investments, mostly from capital gains, which are taxed at a lower rate than other types of income including wages. We also learned that Romney not only stashed cash in the Cayman Islands, but also in other tax-avoiding venues such as Luxembourg and in those infamous Swiss bank accounts.
During a time when millions of average hard-working Americans are still suffering from the economic meltdown of 2008 and considering the fact that income inequality between the top 1% and the other 99% has been increasing at an astronomical rate, many believe an unfair tax system deserves much blame. Mitt Romney exemplifies the top 1%, and Americans want to see if he benefits from an unfair advantage. The Huffington Post adds that “Over the course of the 2012 primary campaign Romney has made a series of gaffes that have helped create a caricature of the candidate as an aloof plutocrat. He made a flippant $10,000 bet during a televised debate. He emphatically declared to a crowd in Iowa that “corporations are people.” In a statement that has been somewhat taken out of context, Romney declared, “I like being able to fire people who provide services to me.” When announcing that he had an estimated 15 percent tax rate, Romney glossed over the $374,327 he earned in speaking fees as “not very much.”
Did Romney’s release of his 2010 and estimated 2011 tax returns ease the nation’s suspicion of an unfair tax code which benefits the rich while punishing the less affluent? Not at all. It magnified the fact that the rich (who earn virtually all of their income by means of capital gains, dividends and private equity fees) pay a much lower percentage of those earnings in taxes than do average working/middle class Americans (who earn their income via wages) and are taxed at much higher marginal rates. Also, inasmuch as a large number of average wage earners live pay-check to pay-check and have very little excess money to invest, they are barred from taking advantage of the low capital gains and dividend rates that the wealthy enjoy. This state of affairs does not (and should not) sit well with many people.
To add insult to the tax-paying injury of average Americans, Mitt Romney’s proposed tax plan would not increase the tax burden on the super wealthy to level the playing field. Instead of raising the 15% tax on capital gains etc. which Romney and his rich friends pay, Romney’s plan would keep that tax at the present low level but reduce the capital gains tax for middle class Americans to zero. Problem is, inasmuch as most average Americans do not earn very much (if anything) by means of capital gains, they would benefit very little (if at all) from Romney’s plan while the rich would continue to have an unfair advantage. Romney’s tax plan is just smoke and mirrors.
Please remember to click on the song link below to familiarize yourselves with the tune and to have more fun singing along with today’s topical song parody.
Taxman song link: http://www.youtube.com/watch?v=ZqK97av7I3s
TAXSCAM
(sung to The Beatles song “Taxman”)
Let me tell you
‘Bout Mitt Romney
He just pays 2
While you pay 3
Mitt loves a tax scam
Yeah, Mitt’s the taxman
Fifteen percent
Is much too small
Be thankful that Mitt
Pays at all
Mitt loves a tax scam
Yeah, Mitt’s the taxman
He won’t pay a tax
To fix the street;
Don’t you know that Mitt
Is a tax cheat?
Now that truth’s been told
He’ll face some heat
But if Romney talks
He will be beat
(Tax Scam)
(tax break)
Mitt loves a tax scam
Yeah, Mitt’s the taxman
He hides his pay out there offshore
(Ha Ha Mr. Willard runs)
Cuz Mitt don’t want to pay some more
(Ah Ha! He’s a cheat)
Mitt loves a tax scam
Yeah, Mitt’s the taxman
How Mitt avoids tax rates too high
(Tax Scam)
Declares just pennies with his lies
(Tax Scam)
Mitt loves a tax scam
Yeah, Mitt’s the taxman
And we’re working for no one but he
(Tax Scam)