Romney and the economy

Mitt Romney Steve Pearce event 057

Mitt Romney Steve Pearce event 057 (Photo credit: Wikipedia)

Mitt Romney is thought by many voters to be a better steward of the economy than President Obama. What would Mitt do differently than Barack? Mitt said that he would let the auto industry go bankrupt costing 100,000s of American jobs. Mitt also stated that the housing bubble should be allowed to deflate quickly and naturally,  allowing home prices to recover sooner rather later.

Assume that we are at point A in the Great Recession. Mitt’s plans for the economy would get us to point B more quickly than the slow recovery under Barack Obama’s leadership, which continues to be hampered by the GOP in Congress. We know what to call the time between points A and B under Mitt’s leadership as President, if elected. We would call the experience the Great Depression 2.

Now Mitt has said he would maintain the safety net and repair it as necessary. The safety net would certainly be required during a Great Depression 2. Could we afford to maintain the safety net? The GOP in Congress are already trying to reduce the availability of food stamp assistance. Do you trust Mitt Romney’s promise to maintain the safety net? If you do, consider voting for him and his vision for the US economy. If you do not trust Mitt to keep his promise, vote for the proven record of President Obama. A Great Depression 2 would be an inconvenience for the 1%, but a disaster for millions of Americans.

At last

Newt Gingrich

Newt Gingrich (Photo credit: Wikipedia)

Newt Gingrich finally did the right thing and suspended his candidacy for President of the US. He had promised to drop out, but kept postponing it until today. Newt was the clear leader in attacking the media if they dared ask a question he did not want to answer. It is a tactic of intimidation used by all the GOP, but Newt used the tactic most blatantly. The mainstream media was the liberal press. Only FOX News asked the gentle, softball questions that allowed GOP candidates to avoid any embarrassment that telling the truth would entail. Farewell Newt Gingrich. Your wild ideas and brazen attacks on the media will be missed.

ExxonMobil

Deutsch: Logo von ExxonMobil

Deutsch: Logo von ExxonMobil (Photo credit: Wikipedia)

ExxonMobil is running ads on TV supporting teachers. I find that hard to believe when the GOP in Congress is trying to destroy teachers’ unions. Is ExxonMobil trying to say it supports a teacher, but opposes teachers when they band together to support each other?

ExxonMobil is also running ads on TV supporting students studying math and science. And yet the GOP in Congress and elsewhere denies the results of science if scientific thinking leads to challenging fracking or the existence of global warming. Is it ExxonMobil’s position that studying math and science is good and that believing the results of math and science is bad?

I am confused by ExxonMobil ads. Is that deliberate?

2 guiding principles

Theodore Roosevelt (1904) English: President o...

Theodore Roosevelt (1904) English: President of the United States Theodore Roosevelt, head-and-shoulders portrait, facing front. Deutsch: Theodore Roosevelt (1858–1919), Präsident der Vereinigten Staaten von 1901 bis 1909, Friedensnobelpreisträger des Jahres 1906. (Photo credit: Wikipedia)

I have been a member of the GOP all my life, but recently I have been catching some flack for not subscribing to current GOP dogma. I have evolved over the years from being a severe conservative to someone approximating a progressive or liberal. I suppose I could describe myself as a Republican in the model of Teddy Roosevelt. The criticism started me thinking about where I rank party loyalty in my life’s goals, and these are my current thoughts on the matter.

The two principal principles in my life are the search for truth and my concern for the welfare of my fellow-man/woman or all humanity. These two items are tied for first place; one does not outrank the other, and neither is able to stand alone. Truth guides my concerns for humanity, and without concern for my fellow-man, truth has little value. If  I were a religious person, I would elevate religion to a third principal principle, equal to the search for truth and my concern for my fellow-man. These two principles are followed by my concern for country and only then my regard for party. Thus my party membership takes a backseat to my other concerns and ranks last among them.

My search for truth is ongoing and never-ending. New information is assimilated and is welcomed, whether it confirms previously held beliefs or challenges them. By humanity, I mean all human life on the planet. I make no distinction by race, color, creed, religious belief, sexual orientation or economic status.

Government waste

Ratio public expenditure on GDP by country in ...

Ratio public expenditure on GDP by country in Europe, according to the most recent Eurostat data. This map will by updated as much as possible. Legend : maroon > 55%, red 50-55%, orange 45-50%, yellow 40-45%, green 35-40%, blue 30-35%, purple < 30% (not presently used). (Photo credit: Wikipedia)

Some of the current media reporting is about alleged government waste where the amount in question is relatively small, under $1 million. While that number may seem large to you or me, it is totally insignificant when compared to total government spending. To me, it seems a total waste of time to focus on the small expenditures when there are much larger frauds out there to expose, such as fraud by Medicare providers and waste by defense contractors. It is almost as if the corporate media has decided to provide a smoke screen for the GOP during this election season.

Please see Fools and tools | Fools and tools part 2