AP: Some Candidates ‘Drifted From Reality’ During Last Night’s GOP Debate
- Posted on November 10, 2011 at 7:29am by
Billy Hallowell
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Editor’s Note: The following “fact check” was composed by the Associated Press (not the Blaze). Below, find the inconsistencies the AP claims to have found during last night’s GOP debate, and weigh in on the comments if you agree or disagree.
WASHINGTON (AP) — Mitt Romney’s claim that President Barack Obama “gave GM” to the United Auto Workers stood as one of the overstatements of the night Wednesday when Republican presidential candidates grappled with the economy in their latest debate. Several drifted from reality too in portraying regulations as a killer of jobs, if not the country itself.
A look at some of the claims in the debate and how they compare with the facts:
ROMNEY: President Barack Obama “gave GM to UAW, he gave Chrysler to Fiat.”
THE FACTS: That’s not what happened in the bailout.
A trust owned by the United Auto Workers received a 17.5 percent ownership stake in GM to help that trust pay for its retirees’ health care. That stake has declined since then, after the company went public in November 2010. The trust now owns about 10 percent of General Motors. That‘s much smaller than the government’s stake of about 30 percent, and it doesn’t support the notion that the government “gave” the company to the union.
Moreover, the union did not get free rein in return for its share. It was barred from going on strike over wage issues during recent contract talks with GM and Chrysler, as a condition of the bailouts.
Nor did Obama give Chrysler to Fiat.
The Italian automaker Fiat received an initial 20 percent stake in Chrysler as Chrysler emerged from bankruptcy in 2009 in exchange for only management expertise and technology. Since then, Fiat has paid $1.8 billion to boost its stake to 53.3 percent, including a $500 million payment to the U.S. Treasury to purchase the government’s 6 percent share of the company.
Debating in Michigan, where the bailout was popular and credited with helping to save automakers, Republican candidates struggled at times to explain why they opposed the deal.
—
RICK PERRY: “Pull back all the regulations. It’s the regulatory world that is killing America. … It doesn‘t make any difference whether it’s the EPA or whether it’s the federal banking, the Dodd-Frank or Obamacare, that‘s what’s killing America.”
MICHELE BACHMANN: “Our biggest problem right now is our regulatory burden. The biggest regulatory problem we have is Obamacare and Dodd-Frank (financial regulations). I will repeal those bills.”
NEWT GINGRICH: “If the Republican House next week would repeal Dodd-Frank and allow us to put pressure on the Senate to repeal Dodd-Frank, you’d see the housing market start to improve overnight.”
THE FACTS: It has become an article of faith in the GOP field that regulations are a leading drag on jobs, but Labor Department data show that few companies where large layoffs occur say government regulation was the reason. Just two-tenths of 1 percent of layoffs since Obama took office have been due to government regulation, the data show.
Moreover, there is little evidence that the regulatory burden is any worse now than in the past or that it is costing significant numbers of jobs. Most economists believe there is a simpler explanation: Companies aren‘t hiring because there isn’t enough consumer demand. And economists believe high levels of economic uncertainty are a leading complication for business, arising more from struggles over taxes and spending in Washington than from regulations – an unwelcome quantity, for sure, but a known one.
The National Federation of Independent Business asks its small-business membership each month to name the single most important problem they’re facing. Last month, the most common response was “poor sales,” cited by 26 percent. Government regulation came in second, at 19 percent.
Bachmann has plenty of company in the GOP field in blaming the regulatory burden of Obama’s health care law for economic ills. But the evidence so far is thin; most of the law‘s provisions don’t take effect until 2014.
Indeed, the health care industry has been one of the few reliable sources of hiring during the recession and its aftermath. The industry has added 313,000 jobs in the past year.
—
ROMNEY: “If we stay on the course we’re on, with the level of borrowing this administration is carrying out, if we don’t get serious about cutting and capping our spending and balancing our budget, you’re going to find America in the same position Italy is in four or five years from now, and that is unacceptable.”
THE FACTS: To be sure, calamity can spread from Europe’s debt crisis in any number of ways. Americans are already seeing the effects from losses in their international investments, and governments are swimming in debt on both sides of the Atlantic. There are some important differences, though, between the troubles of Greece, Italy and Europe at large, and the United States.
For one thing, while creditors keep demanding higher and higher interest rate levels from troubled European countries to justify the added risk of such loans, U.S. debt in the form of Treasury bonds and other securities remains among the safest havens of all international investment.
Even the Standard and Poor’s downgrade of the U.S. credit rating in August did not result in the United States being forced to pay higher interest rates. Instead, demand for Treasury bonds increased, pushing rates down more.
Also, the United States deals with its debt in part by printing money, if the Federal Reserve so desires. While that might cause inflation down the road, it also can make the debt proportionally smaller. In sharing a common currency, the euro, the 17 members of the euro zone do not have that flexibility.
And while there are doubts about the outcome, a special congressional committee is working toward a trillion-dollar-plus reduction in the U.S. deficit, with a deadline for a deal of Nov. 23.
—
GINGRICH: “Dodd-Frank kills small banks; it kills small business.”
HERMAN CAIN: “Then you get the regulators off of the backs of the banks … get the regulators out of the way, such that the small banks and the medium-sized banks aren’t being forced out of the business.”
THE FACTS: The financial regulation overhaul known as Dodd-Frank is mostly targeted at large banks and Wall Street firms, which got billions of dollars in 2009 from the government’s bailout. Small banks are exempted from many of the requirements.
Also, community banks, which have less than $10 billion in assets and make up 98 percent of U.S. banks, lobbied and received an exemption from the new Consumer Financial Protection Bureau. While they have to follow the rules the new agency sets, they aren’t subject to its enforcement authority. Instead, existing regulators will oversee the community banks’ compliance.
That hasn’t stopped most of the candidates from criticizing the regulations as a drain on small institutions.
Their point that regulators are holding back lending doesn’t square with surveys, mostly of larger banks, by the Federal Reserve. Those surveys have found that banks have been easing their credit standards for business loans for the past year.
The survey also found that loan demand fell in the third quarter. Paul Dales, an economist at Capital Economics, wrote Monday that the findings “suggest it is not the supply of credit that’s holding the economy back. Instead, the problem is demand for credit.”
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Comments (166)
Vonnie
Posted on November 10, 2011 at 8:44amA trust owned by the United Auto Workers received a 17.5 percent ownership stake in GM to help that trust pay for its retirees’ health care.
This is not giving it to the union? The bond holders got like 1%.
Oh I see, they gave it to the trust. Just because the United Auto Workers were holding it does not mean they gain in any way. They did say rep’s noted it was 30%. This may be an error. They still gave a huge gift to the union.
And the amount held went down because the stock price went down. The stock market loss confidence. Because the trust now owns 10%, show how inefficient they are. They probably needed a withdrawal for Wisconsin and Ohio voting.
After the debate, many kept saying we would not have GM if the government had not bailed them out. That we would not have an automobile industry today, only Toyota and Ford. No, if we would have followed the rules we probably had five more auto companies all making the best product at the most efficient price. Also, paying a living wage rather than paying union leaders so they continue to support democrats.
Report Post »Detroit paperboy
Posted on November 10, 2011 at 9:12amWow , check out the 53 second clip of Perry, on Drudge….. AWKWARD….. i think he is done.
Report Post »Founding Father2
Posted on November 10, 2011 at 9:17amRomney was completely right about the GM bailout. It was given to the unions. The unions are still destroying it.
The part that needs to be talked about is Romney’s claim that he is consistent. Is he and is it a tactic of the media left? A panel is being done called Project ‘Flip-Flop’ is it true: http://www.thedailycandidate.com/projects/nov/flip_flop_central.html
Report Post »yosemitefan
Posted on November 10, 2011 at 10:11amWas this “article” taken from the DNC talking points or directly from obummers staff?
Report Post »jmiller_42
Posted on November 10, 2011 at 10:33am25 reasons not to vote for Romney
http://www.dailypaul.com/186539/solid-reasons-why-mitt-romney-wont-win
25 reasons not to vote for Newt
http://www.dailypaul.com/186439/gingrichs-dirty-laundry-share
There is only one candidate that is not a schill for big government or big corp. His name is Ron Paul
Vechorik
Posted on November 10, 2011 at 10:40amCan the Tea Party and Libertarians unite?
Sarah Palin, Ron Paul, Rand Paul talk with Judge Andrew Napolitano
http://www.youtube.com/watch?v=zhzTzvmEf-A
Report Post »I think they can!
Vechorik
Posted on November 10, 2011 at 10:44amSolid Reasons why Mitt Romney should NOT win:
Report Post »1. Obamacare was modeled after RomneyCare
2. As governor he hiked taxes, fees and fines dramatically
3. Romney as governor increased spending by 20% in 2 years!
4. Al Gore praises Romney for being a global warming believer
5. Supports Cap n Trade, a policy that would devastate America
6. As governor came in second to last in the country for job creation
7. Supports TAARP
8. Flooded MA with liberal democrat judges
9. Believes in Amnesty for illegal immigrants
10. Received advice from Obama’s Science Czar Holdren on Global Warming and mandatory abortions.
11. Supports limiting the 2nd amendment via gun control legislation
12. Was “more pro choice than Ted Kennedy” before he was prolife, which is/was it?
13. Was for gay marriage before he was for civil partnerships.
14. Set up a 527 committee funded by GEORGE SOROS (puppetmaster)
15. Raised more lobbying funds that the whole GOP combined!
16. Goldman Sachs, Morgan Stanley, BOA, JP Morgan, Citigroup, give him more donations than Obama, and don’t forget, Banks made more in 2 years under Obama than Bush’s whole presidency! Who will he be beholden to? We know that answer!
17. Endorses anti-union laws (middle America won’t like this)
18. Working at Bain Capital, he stripped company of their assets, sold them off, and fired workers in masse!
19. Like 2008, his support is capped at 20%
20. Hurts pro-family causes with legislation and appointments
21. Provided Taxp
Vechorik
Posted on November 10, 2011 at 10:45amRomney shares the same donors and advisors as Obama, he is definitely a RINO, trying to continue what Barack Obama has done to America.
Report Post »motonutt
Posted on November 10, 2011 at 11:41amWho’s reality,,,,,AP’s? So if we don‘t fit in with the official liberal new’s service we are cooke’s.
I’m so glad that the repub. candidates are voicing this stuff…..screw what the AP thinks.
Report Post »AvengerK
Posted on November 10, 2011 at 11:56amLooks like AP is being far too literal and quite disingenuous.
Report Post »GM was bailed out to preserve the union contracts. If GM as allowed to go through a structured bankrupticy, the union contracts would have had to be re-negotiated. The UAW being a huge ally of Obama‘s couldn’t allow that. The UAW got saved and the GM shareholder got scr#wed. Futhermore….the so called “paid off the bailout” declaration by GM and Obama is a ruse also. Essentially GM paid off the bailout with TARP money.
The GOP candidates who said that GM was handed to the UAW are very much on the right track with that assertion.
Buck Shane
Posted on November 10, 2011 at 12:02pmIts really not necessary to argue any of the AP points raised in this article. They are all sophistry. Dem spin. They don’t require argument – just rejection. You don’t argue with fools – you just let them fail by the own wit.
Report Post »satostud
Posted on November 10, 2011 at 12:14pmWell said. Hit the mark on your comment. Good to see there are people out there that see the truth through the media lies.
Report Post »Navysquid
Posted on November 10, 2011 at 12:28pmVechorik,
Report Post »Your rundown on Romney is laughable as many of those stances Romney never took or supported. Some of those are very slanted the way they are presented by you.
Robert999
Posted on November 10, 2011 at 1:24pmThe only way to save America’s economy is to DESTROY ALL UNIONS. America can’t compete with low wage countries like China, Korea, India, etc. as long as worker wages are artificially inflated by unions. Labor unions should be illegal in America.
Report Post »SimpleTruths
Posted on November 10, 2011 at 1:47pm@ROBERT999
Report Post »So would you volunteer to live like the low wage earners do in China, India, etc? 12+ co-workers living in a ‘house’ the probably smaller than your garage? That’s ok with you? Didn’t think so.
That’s the problem with your reasoning, you’re comparing two completely different cultures/societies. While I don‘t agree with everything unions stand for you have to understand that to a large degree unions are the reason we DON’T live in hovels with 12 strangers.
Buck Shane
Posted on November 10, 2011 at 2:10pm@ SimpleTruths
Report Post »Government use of force on its people is tyranny.
There is nothing wrong with unions as long as employers aren’t forced by their government to use them. If union labor is better trained and more responsible, why wouldn’t someone want to use them? Its being forced to use them that is the problem. Its Tyranny.
Robert999
Posted on November 10, 2011 at 2:17pm@SIMPLETRUTHS – I don’t want our workers to make $5 a day like they do in low wage countries, but they can’t keep making $30-$40 per hour and compete even with our better quality and automation. American blue-collar workers need to have their wages at $10 to $20 per hour to be able to compete, and the unions won’t stand for that. That’s why labor unions need to go. Of course, professional organizations like the AMA and the Bar Association can remain.
Report Post »WeDontNeedNoSteenkinBadges04
Posted on November 10, 2011 at 3:24pm“The following “fact check” was composed by the Associated Press (not the Blaze). Below, find the inconsistencies the AP claims to have found during last night’s GOP debate, and weigh in on the comments if you agree or disagree.”
What? No winning no steenkin’ prise?!
Report Post »Vechorik
Posted on November 10, 2011 at 4:09pmIs this statement about Romney laughable?
Ron Paul’s Plan Preserves Seniors’ Benefits, ROMNEY’S PLAN CUTS MEDICARE
LAKE JACKSON, Texas – See below for statement from campaign of 2012 Republican Presidential candidate Ron Paul.
From National Campaign Chairman Jesse Benton:
“Ron Paul’s ‘Restore America Plan’, which some have called the boldest plan to reduce the federal deficit, proposes $1 trillion in federal spending in the first year, and it balances the federal budget in year three of a Paul Presidency.
“The plan cuts spending by ending the costly unconstitutional foreign wars, and cuts foreign welfare, corporate welfare, and overgrown federal bureaucracy.
“These cuts are made so that those who are dependent on domestic spending programs such as Medicare aren’t endangered through a sudden change in benefits.
“Mitt Romney’s economic plan makes only nominal cuts yet it manages to cut spending from Medicare benefits, the same benefits on which many elderly Americans have come to rely.
“That’s a shame because not only are the cuts disingenuous but the protections seniors are counting on are absent from a proposal that Mitt Romney regards as ‘bold’ and fair.
Report Post »AvengerK
Posted on November 10, 2011 at 6:11pmROBERT999…it‘s not just the salaries of autoworkers we’re talking about. The unions have extorted extremely generous benefits packages and pensions for their members that put red ink all over automanufacturer’s books.
Report Post »Sure it’s nice to provide these kinds of benefits if you can afford them, but those benefits can only be paid for if…. the customer is willing to pay a higher price for your product. Well…you can see, that’s not happening to the degree GM needs it to.
GM currently offers a $5,000 signing bonus and up to $4,000 in inflation protection over the next four years. Starting wage will be over $19 per hour and for senior workers, pay is “frozen” at over $29 per hour.
Just ignore SIMPLETONTRUTHS…the idiot hasn‘t got a clue about what he’s trying to talk about. He’s filtering his blather through that foggy socialist lens his keepers outfitted him with. He thinks companies like GM can just keep paying this kind of money without bailouts..oh wait…
Whether SIMPLETONTRUTHS can admit to himself or not, he’s pro union, not pro worker.
bearlyme
Posted on November 10, 2011 at 8:43amGiven the stupid questions that were put to the candidates last night on CNBC, how about we scrap the rest of the debates, schedule three new ones on GBTV before we start voting in January, get new moderators consisting of Limbaugh, Hannity, Lavin, Ingram and Beck. Don’t eliminate any of the candidates; create a response time of three minutes or less (no rebuttle); go around the room in order so everyone gets equal time and see what happens. How long would it take for us to find the truest conservative on the venue? And the ratings would be astronomical
Report Post »rose-ellen
Posted on November 10, 2011 at 10:38amRon Paul hit the nail on the head when he said that inflation in education,healthcare,housing stem from the government artificially meddling in those fields. Tuitions are high because the universities get a gravy train from student loans;pushing up tuition costs. So too housing and medicine.If professors and administrators were not paid so much[and grants to research stopped] then turition could be affordable. if houses were not artifically inflated;through wall street leverages and perhaps fannie and freddie then bubbles would cease. Same with medicine.Why are doctors paid exorbinant fees?.Fixing that would stabilize the economy and that would be a solid good start.
Report Post »This_Individual
Posted on November 10, 2011 at 11:25amROSIE! Are you finally shaking the socialist virus!? I’m so happy for you. “The government artificially meddling in those fields”; Now you see where the real problem lies. “Why are doctors paid exorbinant fees?.” Because they are not allowed to freely engage in a free, competative market. I would liken it to a fictitious -insert name of movie here- mob boss; The mob boss (the government) extends an offer to a pharmaceutical company. That company, in turn does a favor for the individual(s) in the federal government. It’s really simple, remove the mob boss from the shoulders of those of us who want to create jobs, so that the greedy socialists can have the boats & toys that the “1%” have. Because (let’s face it) that’s what this is really about.
Report Post »motonutt
Posted on November 10, 2011 at 12:11pmWoW! @ROSIE…You got me to the 99%’r support, I just for the first time agreed with 99% of what you said. Keep it up.
Report Post »Susie Liberty
Posted on November 10, 2011 at 1:37pmWell, glad to see you didn‘t include O’Reilly… Apparently, the results of his online poll the other night were determined by, NOT the votes that were cast, but the RESULTS HE PREFERRED.
Personally, I don‘t see much difference in the two ’parties’, with the exception of a small number of true Patriots…who can’t be bought. As for “CORPORATE MEDIA”? I‘ve come to the scary realization there’s not much difference there either. If a Candidate Belongs to No Corporate Lobby, then he’s not their man….
Report Post »momsense
Posted on November 10, 2011 at 8:41amYou mean they approached the unreality of obozo and his administration?
Report Post »jzs
Posted on November 10, 2011 at 8:41am“Most economists believe there is a simpler explanation: Companies aren‘t hiring because there isn’t enough consumer demand.”
I’m glad somebody has made that statement. The idea that giving tax breaks to big companies (the “job creators”) will create jobs is fantasy. If a company has enough employees to make the products they can sell, why would they hire more just because they got a tax break?
If you want companies to hire, give tax breaks to people that buy their products (that would be you and me).
Report Post »13th Imam
Posted on November 10, 2011 at 8:49amUnemployment insurance is the only way to stir economic growth. Higher Taxes are growth stimulators. Higher inheritance TAXES are proven job creators. You usually toe the DEMOCRAT Theft platform. Just get hit with a new DEMOCRAT FEE < TAX < or other DEMOCRAT THEFT Program there Skippy??
Report Post »Detroit paperboy
Posted on November 10, 2011 at 9:16am@jzs
Report Post »I never thought i would say this, but i think u might be comin to your senses….. Tax cut for you and me, hooray !!!!!!
AvengerK
Posted on November 10, 2011 at 1:34pmJZS..I can tell you from first hand experience that Dodd-Frank has been a factor in the closure of locations and disbursement of employees in my field. It is in no way a safe piece of legislation.
Report Post »I have already presented to you that it allows the FHA (Federal Housing Authority) to make loans with ONLY up to 3.5% down. There’s simply no way to ensure solvency with less than 5% down. Dodd-Frank doesn’t have adequate debt-to-income ratios for FHA mortgages either. It’s the same old “affordable housing” disaster-waiting-to-happen that Barney Frank has been so complicit in.
The risk retention rule of 5% securities by the lenders (which Dodd-Frank maintains is a hedge against loss) is already keeping private capital on the sidelines. The GOP candidates are right on this one. Dodd-Frank does nothing credible with the insolvent agencies Fannie and Freddie who are constantly asking for federal money to remain on life support. And of course…Barney Frank and Chris Dodd have done their utmost to keep Fannie’s risks from congressional scrutiny once again.
And quite honestly..why isn’t there consumer demand JZS? Have you asked yourself that or is this another case of you accepting something at face value, finding it comfortable with your ideology and not examining it further? It’s because consumer confidence is still too low. This is a result of high unemployment and employer uncertainty. How do you get them confident again? With Obamacare and Dodd-Frank?
AvengerK
Posted on November 10, 2011 at 5:25pmOh and JZS?
Report Post »Gallup is showing that small business owners “are most likely to say complying with government regulations is the most important problem facing them” right now and ahead of lack of consumer demand.
I’ve noticed a pattern with you JZS. For a few days you were happily providing polls that the stinky OWSers were popular with the American people. I informed you that this is because the media has been coaching, obsfuscating and santizing for the OWSers and that eventually the left’s ugly nature will get the better of OWS and the polls will reverse. Sure enough..I’ve been proven right, and you’ve been proven wrong..again. Also you bleated on these boards that the Bush administration had approved the Solyndra loan guarantees when in fact the Bush admin had looked at Solyndra and rejected it…rather it was the Obama administration in 2009 that raced..nay fell over itself in a euphoric “green” haze to get loan guarantees to Solyndra to the point of subordinating the loans to make sure Obama’s bundlers got their money before the tax pay has a chance to get it back. Another instance where you showed little understanding of what you were trying to discuss.
And now…here’s your little eggplant self with “I’m glad somebody made that statement”….and Gallup just contradicted you.
http://www.gallup.com/poll/150287/Gov-Regulations-Top-Small-Business-Owners-Problem-List.aspx
When are you going to realize you’re on the wrong side of everything JZS
AvengerK
Posted on November 10, 2011 at 5:32pmDETROIT PAPERBOY…you’re giving JZS far too much credit…Gallup just put out a poll of small business owners that has government regulation their top concern over consumer demand. JZS keeps putting his foot in his mouth. He’s honestly one of most vacuous, hopelessly indoctrinated cretins I’ve ever had the discomort of addressing.
Report Post »Here’s Gallups link
http://www.gallup.com/poll/150287/Gov-Regulations-Top-Small-Business-Owners-Problem-List.aspx
Tagudinian
Posted on November 10, 2011 at 8:40amThis AP “fact check” sounds as bogus as a three dollar bill. Where were they when Obama was telling lies? Where were they when the Rev Wright was spewing his hatred for America nonsense? Where were the AP lamestream media reporters when Jesse and Al Sharpton were making hateful speeches? This kind of biased reporting is so repulsive it makes me sick.
Report Post »conbones
Posted on November 10, 2011 at 8:39amfunny how this onesided media outlet namely the blaze maneges to report stories produced by the “other side” remember this otherside is in fact a bunch of lying winers who will say anything if they thought it would help them. they might as well be palostinian as far as im concerned.
Report Post »Eliasim
Posted on November 10, 2011 at 8:46amThe details of ventures here and there really don’t matter because fact: Fiat Currency is wicked and numbering people is wicked, and therefore anything that springs out from such is wicked. Therefore there little debates and the media’s take on it are irrelevant.
Report Post »Eliasim
Posted on November 10, 2011 at 8:47amBecause had they not levied debt on your unborn children, all the companies that stink would have went out of business.
Report Post »Bumr50
Posted on November 10, 2011 at 8:25amDemand for loans recently dropped because everyone knows they’re not going to get one.
Duh.
Report Post »simplygilly
Posted on November 10, 2011 at 8:18amWhile I appreciate AP fact checking GOP statements, have I missed their fact checking of Obama, Reid, Pelosi, Shulman, etc.? Where‘s their fact checking of ’lynching blacks’, ‘poisoning the air and water’, ‘pregnant women on the floor to die’, etc.?
Report Post »Tankertony
Posted on November 10, 2011 at 8:09amAP= Associated Progressives. I rest my case.
Report Post »JRook
Posted on November 10, 2011 at 8:23amThe only movement that Bachmann, Perry could make is to drift into reality. As far as regulations are concerned people here should take the time to see how many regulations are proposed by large corporations through their lobbyists to create barriers to entry. A lot of “capitalists” don’t seem to like free markets and level competition once their company is a major player in the market.
Report Post »Vechorik
Posted on November 10, 2011 at 8:33amJudson Phillips, the head of Tea Party Nation “Cain should drop out”
Report Post »“If Cain cannot run his own campaign, how is he going to run the country? A few days ago, I would have been willing to accept Cain as the nominee. Cain was not my first choice but I could have easily supported him. No longer.”
http://thehill.com/blogs/ballot-box/presidential-races/192735-tea-party-nation-leader-cain-should-drop-out
AvengerK
Posted on November 10, 2011 at 1:42pmJROOK..you seem to have difficulty in understanding the difference between credible regulation and credible oversight. Credible regulation doesn’t play favourites the way Dodd-Frank keeps Fannie and Freddie free from congressional hands and allows the FHA to continue down a path of low-standard loans while targeting the larger lenders. Credible oversight would have allowed congress to examine Fannie’s risks before the mortgage crisis hit. Unfortunately banking committee members (and later heads) like Chris Dodd put those measures in procedural limbo in order to avoid congress from voting on them. We need sensible regulation and effective/credible oversight..not over-regulation.
Report Post »SamIamTwo
Posted on November 10, 2011 at 8:07amReality of a liberal is something entirely different than the reality of a conservative. We knew that. LOL
Report Post »rfycom
Posted on November 10, 2011 at 8:04amThe truth always lies somewhere in the middle PEOPLE. Lets own our problems. This is not Obama’s mess. This is not Bush’s mess. This is not a liberal mess and it is not a conservative mess. This is our mess. Own it and stop placing blame. This debt is our debt, PERIOD. Man up. Stop being submissive political junkies.
Report Post »demint.disciple
Posted on November 10, 2011 at 8:17amWhat the hell did I do ???
Report Post »macpappy
Posted on November 10, 2011 at 8:21amNot my mess, I disagree with everything that was done. I don’t own any of this. Maybe it’s your mess, but not mine.
Report Post »jujubeebee
Posted on November 10, 2011 at 12:37pmNot my mess either. I blame the liberal policies. Those who say both sides did this are trying too hard to appear fair and balance. It is BS.
Report Post »Jefferson
Posted on November 10, 2011 at 12:59pmNot my mess either, but it is going to have to be dealt with one way or the other.
What some here fail to understand is that BOTH parties from the committee chairmen and up are corrupt and for the same globalist agenda, which is more war, more debt, more spending, less liberty, and less sovereignty.
It’s not just a “progressive” problem. Break out of the “red team vs blue team” BS for a minute and realize that there is a force manipulating our Govt. from within.
Once you have a basic grasp of the membership and activities of the CFR, Tri-Lateral Commission, UN agenda 21, PNAC, Bilderberg, Club of Rome, The Counsel of 13, Skull and Bones, Rothschild, Rockefeller, Kissinger, Brzezinski, Wolfowitz, Pearl, Rumsfeld, Cheney, etc. then you will see the pattern and the agenda, that cannot be specifically pinned on just ‘spooky dude” Soros.
Soros, is simply just a cog in the machinery. He’s mid level management. Ohmamma is just a faceman. A figurehead that represents the interests of the ones in the shadows that are hell bent on destroying this nation’s sovereignty, and integrating it into their Novus Ordo Seclorum, or New Order of the Ages. (aka New World Order)
Rise up out of the maze, and take the 30,000 ft view.
Report Post »Beck has only given you 60% of the “truth.” It is up to you to figure out as much of the other 40% that you can.
Time is running short. WWIII is upon us, and could start as early as next month.
SimpleTruths
Posted on November 10, 2011 at 1:52pm@JUJUBEEBEE
Report Post »Facts don’t back you up dude. Reagan tripled the national debt and doubled the federal payroll, Bush one doubled the debt, Bush two, same thing. These are folks liberals in your way of thinking?
whitebears
Posted on November 10, 2011 at 2:15pm@JEFFERSON: KJV, Revelation chapter 13…we see the first beast as the political system that welcomes in the second beast. We can be much more specific, invite us!! The world does not see these simple TRUTHS…in fact, most won’t even complain until they have something taken away from them and are a victim. These rest are just scenery…we are the most corrupt government this planet has ever known and this indeed is the final generation. Ezekiel chapter 38 and 39….is Israel attacks Iran. Watch and see…this starts the tribulation. No time to “fly away”….
Report Post »Dougral Supports Israel
Posted on November 10, 2011 at 7:58amI take exception to the AP’s analysis of our debt situation.
“U.S. debt in the form of Treasury bonds and other securities remains among the safest havens of all international investment.”
Yes, but only because Europe is much worse off by comparison. If one projects our deficit levels out a few years then tosses in the inevitable rise in interest rates It’s easy to see that we will be in big trouble not so far down the road.
“Also, the United States deals with its debt in part by printing money, if the Federal Reserve so desires. While that might cause inflation down the road, it also can make the debt proportionally smaller.”
Change “might cause inflation” to “will cause inflation”. Inflation will harm countless Americans by destroying savings and eroding our ability to keep the consumer economy rolling. Also making the debt smaller by inflating the currency is false security. That will just give cover to politicians to keep spending until we exhaust all our options and destroy our economy.
Report Post »CatholiConservative
Posted on November 10, 2011 at 8:14amAgreed- it‘s amazing how much these ’facts’ sound like DNc talking points
Report Post »Vonnie
Posted on November 10, 2011 at 8:23amAmong other points, these are the two strongest.
My first impression was printing more money to make our debts smaller in portion is just plain dishonest. Let‘s cheat and hope others won’t. They are ready are.
We seem to be at the event horizon. Every one is swirling toward the black hole, therefore I’m behind them and not in front of them, so I’m safe.
Report Post »Hickory
Posted on November 10, 2011 at 7:57amMore MSM blather.
Report Post »SimpleTruths
Posted on November 10, 2011 at 1:53pmYeah, them and their stupid facts. Who needs facts when I know I’m right.
Report Post »SimpleTruths
Posted on November 10, 2011 at 1:53pmYeah, them and their stupid facts. Who needs facts when I know I’m right.
Report Post »dcart888
Posted on November 10, 2011 at 7:56amFact Romney was referring to is that Obama broke over 200 Years of Contract Law by taking equity that belonged to Chrysler Senior Debenture holders and gave it to UAW! Up until this point in time senior debt had been considered the safest as holders had first claim to assets of corporations going through bankruptcy. Never has a president stepped in and decided ‘spread the assets’ like this before sure fits in with his taking assets of Americans and giving to his cronies and supporters. Plenty of seniors and even other union members lost out given their pensions owned these senior debentures!
Report Post »lgccac
Posted on November 10, 2011 at 7:56amThe author of this article is the one who has lost touch with reality.
Report Post »lukerw
Posted on November 10, 2011 at 7:55amThe AP is a Propaganda Machine… that accidently gives us news & truth, sometimes!
Report Post »escape_from_socialism
Posted on November 10, 2011 at 7:54amNothing about Ron Paul. Ah right…He is the one who have his facts strait.
Report Post »West Coast Patriot
Posted on November 10, 2011 at 11:07am@DeMint You’re really going to use a typo in your argument? I am new here and am still trying to figure out why some are so mean-spirited to Paul supporters. I watched the debates and found Paul to be right on the issues he was asked about. I believe Perry blew it along with Cain. Romney, I just cannot feel anything but “same old candidate” with him. Newt sounded OK, but I am not sure yet if I can trust what he say’s. I do however trust that Paul is an honest candidate and believes in Constitutional principles. Who is it you are leaning toward?
Report Post »West Coast Patriot
Posted on November 10, 2011 at 11:13amWell there was a reply that I was replying to but it was gone after I posted?? What happened?
Report Post »Susie Liberty
Posted on November 10, 2011 at 1:29pmI believe you are correct, Escape_from_Socialism… There was nothing to ‘correct’ in what Ron Paul said. When a person has integrity – and doesn’t change his message to fit the audience – and has a Standard and the tenets of the Constitution from which he does not vary – and is a knowledgeable Economist…..
There ARE no statements he makes which must be “corrected”.
Report Post »Vechorik
Posted on November 10, 2011 at 2:07pmSorry West Coast Patriot, I reported that person as name-calling and off topic–guess the Blaze pulled it. I tend to report posts that contain no facts and that contain only insults to another poster (personal attack).
Report Post »Excal
Posted on November 10, 2011 at 6:45pmExactly, don‘t report Ron Paul’s straight shooting, which is the real story here, just the wriggling maneuvers of anybody but him.
And what about CNBC pulling their poll off the Internet? How many have done this to date, because Paul won so overwhelmingly???????? Should this be a story featured on the BLAZE? You hypocrites aren’t anymore truthful than the rest of mainstream media!!!!
Report Post »DagneyT
Posted on November 10, 2011 at 7:51amThe mainstream media is delusional. They have no clue, and are wrong on all counts. If they did their own homework, rather than take their “facts” from odrama’s talking points, they would know how wrong they really are! I am sick and tired of these self-important posers.
Report Post »Vechorik
Posted on November 10, 2011 at 7:57amSo, Ron Paul didn’t say a thing — I see — AGAIN! People, if you want a clue of how dangerous Ron Paul is to the status-quo, you’ll have to research him on your own. The mainstream media surely won’t tell you.
But then again, since they don’t mention Dr. Paul — does that mean he was 100% correct on everything?
Report Post »barber2
Posted on November 10, 2011 at 8:57amVECH: Maybe it means that the MSM can do one thing right…
Report Post »macpappy
Posted on November 10, 2011 at 7:51amBlazers, please know what you are seeing here. The Liberal line is being preached on the Blaze by it’s liberal writers. Placing a disclamer at the front of the article does not diminish the effect of having all readers read the talking points of the Liberal left. You would not have read this on AP’s line, it was brought to you by the Blaze. This site has been infiltrated by Leftist writers.
Report Post »Fly on the Wall
Posted on November 10, 2011 at 7:55amIn other words you’d rather only read things that support your way of thinking rather than see the “other side”? I like to read a variety of thoughts and then decide for myself.
Report Post »Vechorik
Posted on November 10, 2011 at 8:01amI often seek out the leftist “spin media” to see how candidates are being portrayed. It’s quite interesting and usually contains grains of truth.
Report Post »13th Imam
Posted on November 10, 2011 at 8:02amI like hearing both sides opinions. It only makes the lies of the DEMOCRATS and the coverups by their friends in the LSM stand out all the more.
Report Post »macpappy
Posted on November 10, 2011 at 8:03am@fly
Report Post »No, I do read other sites, but when I come to The Blaze I am looking for the Conservative side, not AP article word for word. I am conservative because I read all points, and watch all media outlets.
This article is just what it seems; a piece that most Blazers would not go looking for but that was pushed into our brains by writers that don’t understand what the Blaze is about. We are mostly like minded folks, that are looking for like minded comments and stories. We all know how to go get the other side of the story as you call it. It is not a side of the story, it is propaganda from the left.
4truth2all
Posted on November 10, 2011 at 8:18amI find the way this story is done to be odd. Can AP be trusted with their “facts”. Why doesn’t the Blaze refute or verify. A judge does not hear one side of the story. I’m am looking for the truth, not agreement with me or my thinking. Come on Blaze… this seems like lazy, sloppy reporting! What are YOUR facts… give me those also and THEN I can make a more informed decision.
Report Post »thop1960
Posted on November 10, 2011 at 8:22amHave you ever listened to Glenn Beck? You know the “owner” of The Blaze. He has said that he wants different opinions, not just tow-the-line mass think. He knows all the writers have different backgrounds and beliefs, and that is how he wants it. I don’t think that will change. Take it or leave it.
Report Post »CatholiConservative
Posted on November 10, 2011 at 8:23am@ macpappy
Report Post »The truth has no agenda & it is important to hear both sides – even if one is mostly lies.
The blaze re posts stories from other news outlets so it isn‘t ’their liberal writers‘ it is the AP’s liberal writers- which we know abound
demint.disciple
Posted on November 10, 2011 at 8:26amDon’t you get it ? The Blaze knows WE are smart enough to know they are just pointing out the lefts hypocrisy.. If we were (and you) so easily swayed by what we read then we would all be Obama supporters, following your reasoning… Need I say more ? The point is made, no ?
Report Post »4truth2all
Posted on November 10, 2011 at 8:33amYo Macpappy:
Report Post »I am a little confused by your statements. I personally do not care for the “liberal or conservative” side or opinions in matters that require simple honest facts. I just want the stinkin truth, which is more a breath of fresh air. I understand the differences on matters of abortion and such but this story is not in that line of reporting. No disrespect to you… just talkin.
macpappy
Posted on November 10, 2011 at 10:20am@truth4all
Report Post »Of course, we are all smart enough to know the truth when we here it. But, to determine the truth, you do have to have all sides of the story. My point is simply this, if I want the liberal side of the story, I will wander over to Huff Post, CNN, AP, or any number of other sites to get such.
When I just want the Right Side of the story “where do I go”. All we have is The Blaze, and Fox News. Have you not noticed that since last year when the new writers were hired; how the storied became less conservative, with more liberal talking points being pushed? When I come here I am not looking for the Left’s view, I have that from all directions, I want the Right’s view when I come here. The truth was not to be found in the article
riseandshine
Posted on November 10, 2011 at 11:25amMacPappy…Now you’ve did it…DeMint Disciple is going to set you straight on your spelling…nevermind..You’re not a Paul supporter.
Report Post »riseandshine
Posted on November 10, 2011 at 11:36am*done it….We all do it.
Report Post »4truth2all
Posted on November 10, 2011 at 1:28pmYo Macpappy:
Thanks for the reply… fairly new to posting here, but have noticed what seems to me to be a little wondering off the trail.
Yo riseandshine:
Report Post »When we all do it then it’s done, and if we did it, it’s done to. Just thought I’d help you get that done
Susie Liberty
Posted on November 10, 2011 at 1:42pmGoing to revert to my little girl childhood with this comment… But it ‘feels’ as though I’ve lost a best friend. Oh, Glenn…where have you gone and with whom?
Report Post »Vechorik
Posted on November 10, 2011 at 2:04pmI wondered “What the heck is Glenn thinking?” when he gave the head position at the Blaze to a lady that once (ran or worked for, can’t remember which) THE HUFFINGTON POST!
Report Post »BrerRabbit
Posted on November 10, 2011 at 7:50amI as a consumer am not buying not because I don’t have the means, but I find the uncertainly of ‘change’ to be a deterent to my letting my money leave the bank. Tax this, regulate that, a health care program that has already increased my cost of care……buy a new car….NOPE! I’m not even leaving the house!
Report Post »jmiller_42
Posted on November 10, 2011 at 10:59amGreat point
Report Post »RevoltInPeace
Posted on November 10, 2011 at 7:50amThe media, as usual, misses the point about regulations. The issue isn’t whether or not over regulation is good, bad, harmful, or helpful. This is America – the issue is whether or not over regulation is constitutional and promotes freedom. We certainly need regulations to protect peoples’ constitutional rights (that is, after all, one of the jobs of the federal government), but once the regulations are telling people how to run their business, how to manufacture their goods, when they can go to market, or who can sale what, then it exchanges freedom for some politicians’ version of “fairness”. I never thought freedom would be so controversial in America.
Report Post »Fly on the Wall
Posted on November 10, 2011 at 7:49amAs usual, politicians give their most popular sound bites, working for the cheers, regardless of the facts. I‘m glad to see this article points out the other side of the story and some of the fallacies they’re spouting. Now we need to do the work so we can form our own opinions. It’s not just a problem for one political side. Anyone who narrowly follows the spoutings of one side (or network) is foolish.
Report Post »macpappy
Posted on November 10, 2011 at 7:52amthey are waiting on you at HuffPost.
Report Post »Gonzo
Posted on November 10, 2011 at 7:47amThe A.P. should spend a little time on B.H.O., talk about “drifted from reality”.
Report Post »joe conservative
Posted on November 10, 2011 at 7:43amRock on Herman Cain! I did feel sorry Rick Perry last night, that was really bad. Remember our Veterans on Veterans Day, and every day. This short Youtube video says it all about our brave soldiers. http://www.youtube.com/watch?v=di2e3kJUY4E
Report Post »Fly on the Wall
Posted on November 10, 2011 at 7:53am“Princess”…really “Princess”? From a man who claims he’s never treated women poorly? It was a bit of a concern that it came out so naturally. I’m still waiting for proof from both sides, but geez!
Report Post »Iowa_man
Posted on November 10, 2011 at 8:14amHey Fly on the wall. Yes, Princess Nancy. She considered her self more a queen really, and considering her district that might be more fitting…. Mr. Cain speaks what we are all thinking and believe me, I would not be upset in the least If princess Pelosi fell to commoner Pelosi. Oh wait, that wont happen she is part of the ubber 1%…
Report Post »Gonzo
Posted on November 10, 2011 at 8:21amYea Fly, you’re still waiting for the proof…maybe you should label him a racist while you’re at it, she is white.
Report Post »fatsomann
Posted on November 10, 2011 at 1:41pm@fly on the wall – I have other names I call Pelosi when I have to refer to her. None for publication here.
Report Post »ares338
Posted on November 10, 2011 at 7:41amYou won‘t mind if I don’t take the AP fact as gospel will you?
Report Post »Fly on the Wall
Posted on November 10, 2011 at 7:51amNot at all…however it would be a good idea to do the work to see where the truth lies and not just subscribe to what one side says.
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