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RE: Romney’s Advice To Students: Borrow Money From Yo... - 4/30/2012 9:02:06 PM   
Arturas


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quote:

ORIGINAL: Fightdirecto

Romney’s Advice To Students: Borrow Money From Your Parents

quote:

If you’re young and you want to start your own business, Mitt Romney’s has some advice from you: Borrow money from your parents. At a “lecture” for students at Otterbein University in Ohio today, Mitt Romney told students that, his friend, Jimmy John, started a business by borrowing $20,000 from his parents at a low interest rate. Romney suggested anyone in the audience could do the same:

quote:

This kind of devisiveness, this attack of success, is very different than what we’ve seen in our country’s history. We’ve always encouraged young people: Take a shot, go for it, take a risk, get the education, borrow money if you have to from your parents, start a business.


The advice fits right into the characterization that Romney is ‘out of touch’ with regular people. Most students don’t have parents with $20,000 in disposable capital sitting around to give to their kids to start a business.






Nice spin but of course we Independents are educated and read the story ourselves and find it is not exactly they way you present it. Here is the exact quote:

quote:

"Take a shot, go for it, take a risk, get the education, borrow money if you have to from your parents, start a business," Romney told college students in Ohio. The statement is in context of a story where a friend of his borrowed $20,000 from his parents.

So, Romney is not suggesting everyone has parents with 20k or more to loan. Instead, he is suggesting you think out of the box and be an achiever by taking risks, being educated and even starting a business of your own and the comment about "borrowing money if you have to" suggests that borrowing money from mom and dad is not an easy thing to do, ever try it? But, "easy" it not what he is talking about. "Easy" is government loans, getting a degree you could get even though if will not get you ahead and then sitting on your duff waiting for the world to give you a living.

(Incidently) Romney was not living the high life while in school and lived in a basement apartment as a student.

Concluding, I think Romney is in touch with those who want to be achievers and many of us relate to his advice to better oneself outside of Goverment handouts and loans and (just) not sit around waiting for a handout. He is talking about being a high achiever and being high achievers is an American classic story that includes the Pilgrims, the Tea Party of the American Revolutionary War, the Marines, The "Greatest Generation" who fought and won WWII, Tucker, Ford, JFK, The Clintons, The Bushes, Obama and Romney and thousands of other Americans who bettered themselvs with this same attitude Romney espoused.

Do you not relate?

P.S. What the hell are "regular" people. Do you mean under achievers?

< Message edited by Arturas -- 4/30/2012 9:07:16 PM >

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 4/30/2012 10:34:32 PM   
erieangel


Posts: 2237
Joined: 6/19/2011
Status: offline 		"Regular" people: People who work their asses off 40 hours a week for 20K a year or less.

People who worked their asses off for 50K for the past 20 years are nearing retirement only to find their 401K worthless because of the malfeasance of Wall Street.

The single mother who works 2 part time jobs waiting tables for $2.15/hr to make ends meet because the neo-liberals felt the need to "reform" welfare. (A lot of people don't tip these days on some sort of "moral ground").

The school teacher who arrives at 7:30 am, leaves after 4:30 pm, grades papers until 10pm all for around 70K a year and is demonized and told he/she is earning too much.

The police officer who puts his/her life on the line every time he/she is on duty.

The fire fighter who puts his/her life on the line every time he/she runs into a burning building.

Need any other examples of "regular people"?








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RE: Romney’s Advice To Students: Borrow Money From Yo... - 4/30/2012 11:12:52 PM   
tweakabelle


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quote:

ORIGINAL: Hillwilliam

Personally, I'm trying to figure out how you can start a business that has a hope in hell of succeeding with 20 Grand.

When you succeed in working it out, could you please send me details in an email ... thanks!

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 3:33:40 AM   
kalikshama


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quote:

P.S. What the hell are "regular" people. Do you mean under achievers?



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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 3:41:25 AM   
PeonForHer


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quote:

ORIGINAL: tweakabelle
It seems to me that excluding talented students who are unable to afford college fees is a huge waste of talent, and that society is general ends up paying the price for these needless exclusions.


'There is no society' - Margaret Thatcher. Just a little reminder, Tweaks. ;-)

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 3:43:26 AM   
Mupainurpleasure


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quote:

ORIGINAL: tweakabelle

If one's family is as loaded as Romney's is, then borrowing 20K is kind of small change to them isn't it? Didn't I read somewhere that, currently, 1 in 6 Americans is living below the poverty line? Apparently these people don't exist in Romney's thinking. Excluding them from university is one way of ensuring that they remain below the poverty line forever.

Here, university is Government funded and students can obtain loans from the Govt to pay their fees, which they repay as tax after graduation, once their income exceeds a certain level. This enables University education to be available to all who merit it, not merely those who can afford it.
It seems to me that excluding talented students who are unable to afford college fees is a huge waste of talent, and that society is general ends up paying the price for these needless exclusions.

In America we donrt view people as a resource. It's ironic given our track record that we care more about 6 months worth of oul resources we cant drill for in Alaska than we do the millions who if given a chance like my Father might of put a mechanics apron down and might design tommorows factories with the right education

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 5:14:49 AM   
YSG


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quote:

ORIGINAL: tennisman2388

Of course this is part of the coordinated talkng points for the left....namely that Romney is a rich, out of touch millionare. Most jobs are created by small businesses, and frankly this President doesn't have a clue about how to create (or at least stay out of the way of) private sector growth and job creation.   

24 straight months of private sector job creation. I know you conservatives like to ignore things like facts, but its true.

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 5:16:56 AM   
Mupainurpleasure


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quote:

ORIGINAL: YSG


quote:

ORIGINAL: tennisman2388

Of course this is part of the coordinated talkng points for the left....namely that Romney is a rich, out of touch millionare. Most jobs are created by small businesses, and frankly this President doesn't have a clue about how to create (or at least stay out of the way of) private sector growth and job creation.   

24 straight months of private sector job creation. I know you conservatives like to ignore things like facts, but its true.

actually better than the 82 recovery which was driven by public sector hiring, goverment spending growth and huge increases in the deficit. Of course the irony is if Romney or most republicans had their way we'd be in a depression and the shuttering of GM would be viewed by future generations as unexplainable. They frget their poolices were tight money to fight what was actually defationary pressures not infolationj and closing Gm and forccing lay offs at all auto companies because of supply chain issues... negatibve 500k jobs. They like to say the privatesector would of taken GM out of bankrutcy and it wouldnt of shuttered but that requires them to ignore the fact good companies werent getting loans in 2009 let alone broke ones. Yeah Republicans. the disconnect between their rhetotic and record is laughable. I'd love ot hear one explain how closingGM was the right idea or what they think would ofhappened wityh a tight monetary policy if a loose one just avoided a deflationarycycle

< Message edited by Mupainurpleasure -- 5/1/2012 5:23:23 AM >

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 6:18:37 AM   
Moonhead


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quote:

ORIGINAL: erieangel
Romney's policies would keep people like my family poor with few options and little hope.

That's the American way.

(Mu is right on the money about illusory social mobility, sadly.)

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 9:46:51 AM   
tennisman2388


Posts: 12
Joined: 10/25/2011
Status: offline 		Interesting responses......wealth didn't offend the left when Kerry was a candidate. Now, suddenly it's an issue because liberals can not posibly defend this administration's economic record. If someone like Herman Cain had been the Republican nominee, then of course infidelity rather than wealth would have been the talking point......whatever it takes to distract the public and keep a liberal Democrat in the WH. 

I remember when Dems pounded the Bush on the economy of the early 2000's being a "jobless recovery"........when the unemployment rate was a whopping six percent. Now the "official" unemployment is in excess of eight percent, but that doesn't begin to tell the story. The numbers have been cooked to omit five million or so that have dropped out of the job market, along with early retirements, the underemployed, ect. The real unemployment rate is 15+ percent, and notwithstanding the lame explanation attempts above, is intuitively understood by everyone out there in the free market trying to keep their chins above water.       

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 9:52:55 AM   
mnottertail


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Status: offline 		Well, it was around 10+ percent in the last year of Ws debaucle.  So, holding it down.

Kerry didn't advise a solution to Americans that said, Hey WTF, everybody has 20K laying around....

Regarding infidelity, nobody your end had problems microscoping blowjobs when we had a surplus that W and the repubs fucked away.......

So, you have some intelligent point in there anywhere? 

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 9:54:31 AM   
fucktoyprincess


Posts: 2337
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quote:

ORIGINAL: tennisman2388

Interesting responses......wealth didn't offend the left when Kerry was a candidate. Now, suddenly it's an issue because liberals can not posibly defend this administration's economic record. If someone like Herman Cain had been the Republican nominee, then of course infidelity rather than wealth would have been the talking point......whatever it takes to distract the public and keep a liberal Democrat in the WH. 

I remember when Dems pounded the Bush on the economy of the early 2000's being a "jobless recovery"........when the unemployment rate was a whopping six percent. Now the "official" unemployment is in excess of eight percent, but that doesn't begin to tell the story. The numbers have been cooked to omit five million or so that have dropped out of the job market, along with early retirements, the underemployed, ect. The real unemployment rate is 15+ percent, and notwithstanding the lame explanation attempts above, is intuitively understood by everyone out there in the free market trying to keep their chins above water.       


Romney's wealth are not what people are attacking. They are attacking his policy stances in light of his privileged upbringing. There is a difference.

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 10:28:54 AM   
Mupainurpleasure


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Joined: 4/12/2012
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quote:

ORIGINAL: tennisman2388

Interesting responses......wealth didn't offend the left when Kerry was a candidate. Now, suddenly it's an issue because liberals can not posibly defend this administration's economic record. If someone like Herman Cain had been the Republican nominee, then of course infidelity rather than wealth would have been the talking point......whatever it takes to distract the public and keep a liberal Democrat in the WH. 

I remember when Dems pounded the Bush on the economy of the early 2000's being a "jobless recovery"........when the unemployment rate was a whopping six percent. Now the "official" unemployment is in excess of eight percent, but that doesn't begin to tell the story. The numbers have been cooked to omit five million or so that have dropped out of the job market, along with early retirements, the underemployed, ect. The real unemployment rate is 15+ percent, and notwithstanding the lame explanation attempts above, is intuitively understood by everyone out there in the free market trying to keep their chins above water.       

It is not offensive. He has no grasp of the everyday Americans life. Look at the statement borrow the money from college from your family then look at the chart showing family net wort. He has no clue. He has had a life of privelege and unlike FDR or a TR or a Nelson Rockefeller he never bothere dto learn the real circumstances of avg americans or he woluldnt be spouting that kaka


Oh the numbers used on unemploymet are the same as ever. To be cooked implies a change,. it's you who seek to cook them by using a double standard and including them now and not under Bush or Reagan. Your point were just as valid then. The thing is the rate rose under Bush and stayed flat it's been dropping under Obama. The free market speel you almost sound like you didnt realize we've had record profits and us companies have neve had so much cash and stocks have had a great 3 yr run. Your doom and gloom is typical. it's not capitalism at risk it's regular Joes because the safety net has ben chipped away and the ladder to succuss had the rungs knocked loose and the tax code inverted so I pay twice the tax rate of someone making about 130 times as much like Romney and yet whats the republican answer another 8 percent drop in high end rates...yeah those high end tax cuts produced how many net private sector jobs???? Oh hell here is the factual skinny on jobs the last decade First we have the socialist economy where jobs only grew in the public sector and where the capitalist seemd to only grow public jobs and the so called communist leftie created more private sector jobs and cut the public sector it's not rocket science do you prefer more public workers? Ohwait cook the books!!1 republicans just think private sector jobs count lets eliminate the public ones and just look at this chart When was capitalism in trouble again?

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 10:32:30 AM   
Mupainurpleasure


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quote:

ORIGINAL: fucktoyprincess

To put this figure into perspective - the median price for a home in the U.S. is around $200,000 and the average percentage across states for a downpayment roughly 12% - so the median downpayment is roughly $24,000. An amount that most people in the U.S. would have to struggle and scrape to put together. To get a HOUSE. A purchase still out of reach for almost a third of all American households. And for those who can afford to purchase a house, their savings rate tends to go down as they are paying off their mortgage (so not a lot of extra money just sitting there).

And another thing. Since Romney has so much extra cash hanging about maybe he can start his own loan company to young people who want to start businesses. Guess what - even if he had such a loan company, he would never lend to these young people because they are unlikely to meet loan qualifications. But he expects their parents to put up their retirement fund to fund something he wouldn't support from a business perspective. So very interesting.

Oh you know the loopholes Romney is going to close so he can cut high end rates another 8 percent? The ones they dont want to talk about yet? Well, that mortgage interest deduction will have to be part of it to be anywhere near revenue neutral

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 11:15:56 AM   
YSG


Posts: 1001
Joined: 8/6/2010
Status: offline
quote:

ORIGINAL: tennisman2388

Interesting responses......wealth didn't offend the left when Kerry was a candidate. Now, suddenly it's an issue because liberals can not posibly defend this administration's economic record. If someone like Herman Cain had been the Republican nominee, then of course infidelity rather than wealth would have been the talking point......whatever it takes to distract the public and keep a liberal Democrat in the WH. 

I remember when Dems pounded the Bush on the economy of the early 2000's being a "jobless recovery"........when the unemployment rate was a whopping six percent. Now the "official" unemployment is in excess of eight percent, but that doesn't begin to tell the story. The numbers have been cooked to omit five million or so that have dropped out of the job market, along with early retirements, the underemployed, ect. The real unemployment rate is 15+ percent, and notwithstanding the lame explanation attempts above, is intuitively understood by everyone out there in the free market trying to keep their chins above water.       


The wealth isnt the problem, its the disconnect from average Americans. How can we not defend the economic recovery? 24 straight months of private sector job growth. The unemployment rate went from 12% under the Bush administration, down to 8.4% today. My god, you are a moron.


_____________________________

Our duty is to hold ourselves responsible to the people. Every word, every act and every policy must conform to the people's interests, and if mistakes occur, they must be corrected - that is what being responsible to the people means- Mao Zedong

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 12:35:01 PM   
Moonhead


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quote:

ORIGINAL: tennisman2388

Interesting responses......wealth didn't offend the left when Kerry was a candidate. Now, suddenly it's an issue because liberals can not posibly defend this administration's economic record. If someone like Herman Cain had been the Republican nominee, then of course infidelity rather than wealth would have been the talking point......whatever it takes to distract the public and keep a liberal Democrat in the WH. 

So when did Kerry suggest that da yoof demand a twenty grand handout from their folks to start a business?
I must have missed that press briefing.

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 12:45:20 PM   
papassion


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Romney has "Disconnect from average America?" First, I thought getting rich was our goal. What politician who has been in office 4 years or more isn't rich? Money, if honestly obtained, is a way of keeping score between good decisions and dumb decisions. Who here can honestly say they didn't have the same chance of getting rich as a lot of the
SELF MADE millionaires? I'm not saying Romney didn't have extra help being from a rich family. But how many rich kids take over a sucessful family business and run it into the ground ? Probably some of you know a situation just like this.

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 12:46:37 PM   
mnottertail


Posts: 60698
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Status: offline 		George W Bush, for example.

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 12:48:42 PM   
Moonhead


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quote:

ORIGINAL: papassion
What politician who has been in office 4 years or more isn't rich?

What politician got into office without being rich before they were elected?
(I'll give you a clue: "no fucker" is the answer.)

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RE: Romney’s Advice To Students: Borrow Money From Yo... - 5/1/2012 12:48:55 PM   
Hillwilliam


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quote:

ORIGINAL: mnottertail

George W Bush, for example.

Dubya and Al Gore are both prime examples of what American politics has largely come to.
Neither of those guys had ever had to hold down a real job in their lives. Neither, because of a priveleged upbringing, had clue 1 about what the average American deals with on a day-to-day basis and yet, they are what we had to choose from for POTUS.

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Don't blame me, I voted for Gary Johnson.

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