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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsA "capital" conspiracy? Another nugget from Romney's 47% video.
I was just reading the most excellent NYT editorial that was just posted:
http://www.nytimes.com/2012/09/19/opinion/mitt-romney-class-warrior.html
THIS quote stood out to me, and it's not been addressed much, because frankly there is just too much good material in that video. But read that quote below:
Mr. Romney spoke with a bone-chilling cynicism and a revolting smugness. If he is elected, he said, capital will come back and well see, without actually doing anything, well actually get a boost in the economy.
Anyone else's suspicions raised in reading that??? My take? That the banks and institutions that we, the taxpayers, bailed out, have been holding on their capital ON PURPOSE. They have been so ridiculously tight with lending, and Romney's comment that "we won't have to do anything" because "capital will come back" if he's elected, makes you think. Like the republicans Reps that met in January 2009 and pledged to destroy our economy to make sure that the President is not elected, I beginning to believe that the lack of lending, the tightness of the market, is actually planned. The capital will flow freely again, once Mitt is elected? Then why are they sitting on it now and prolonging the housing crisis? And refusing to lend to small businesses, and cutting consumer credit? And will they suddenly loosen up the money once Mitt is in office?
nc4bo
(17,651 posts)I wouldn't doubt it for a second.
ohheckyeah
(9,314 posts)He is either engaged in magical thinking or he knows that corporations are withholding jobs in order to make President Obama look bad.
progressivebydesign
(19,458 posts)ohheckyeah
(9,314 posts)and it's delicious to find out his dad was on welfare.
Ship of Fools
(1,453 posts)notadmblnd
(23,720 posts)in their attempt to force him to fail, so has big business.
LiberalAndProud
(12,799 posts)But of course you know that the reason (in political parlance) is tax uncertainty. Remove tax uncertainty and capital will flood back. This has been their meme for ... ever.
DearAbby
(12,461 posts)happens? When capital is being stashed in the Cayman, Bermuda, Switzerland? When does TRICKLE DOWN Takes place?