Obama Owns Shares Of Sensata, Personally Benefits By Outsourcing Of Jobs To China

The Obama October surprise has exploded with a whimper and not a bang.

Liberals have gone absolutely insane after snorting bathsalts under the name of “Sensata.” Supposedly, Romney is responsible for what Bain does 12 years after he left it, and Obama is not responsible at all for 4 years of failed economic policy.

And what is their claim? That Romney’s blind trust has holdings in this company that is off-shoring jobs from Illinois to China.

Pretty devastating. The only way this could be a dud is if Obama owned stock in this company as well…

For many sophisticated and wealthy investors, as well as for ordinary workers invested in pension funds, China is a part of any diversified investment strategy. President Obama, a former Illinois state senator, has as much as $100,000 in a state retirement plan that contains shares of SensataTechnologies, the same auto parts company controlled by Bain that is closing its Illinois factory.

 Oh… it would seem that this is a non-story then, right?

Not when you’re snorting bathsalts. The liberals are dedicated to spreading this smear while ignoring the obvious problems with the criticism, including the fact that one of Obama’s most prolific fundraising bundler headed Bain during the closing of GST steel, the other attempt to derail the Romney campaign with lies.

The real surprise here is how desperate the Obama tactics are this late in the game…

UPDATE:

Some liberals are still running around like Big Birds with their heads cut off, screeching “Sensata! Sensata!” The far left commies at Daily Kos put out“5 Facts about Sensata You Need to KNOW!”

Even those Marxist chakra-massagers had to admit that, “Mr. Romney had nothing to do with that decision.” Then they confuse their lemmings with a concatenation of half-truths in order to let them loose on the world screaming insanely.

Via: SooperMexican

Continue Reading...

HOW TO DEBATE PRESIDENT OBAMA

The upcoming Presidential debate on October 3 is the most important single event in Mitt Romney’s political career.

The elite news media is doing everything they can to convince Romney’s supporters that the election is lost.

Americans will be tuning in that evening to see if Governor Romney turns this media narrative on its head.

This will be the first time Americans will see President Obama and his challenger side by side.

This will be the largest audience to watch the two men side by side without editing or distortion by the media. If Romney wins this debate, the next debate will have an even larger audience. If he loses it, the elite media will be giddy in its intense reporting of an Obama victory and the Obama team will be giddy and energized by the proclamation of victory.

The media will attempt to pounce on a strong Obama debate and try to bring back up Bain Capital, 47 percent, income tax returns and a host of wounds as perceived by the left.

On the other hand, a Romney victory will destroy the false media narrative that is determined to avoid President Obama’s failure. Suddenly, unemployment over 8 percent, gasoline rising from $1.89 when Obama was elected to $3.89 today, massive deficits, Obamacare, weakness in foreign policy and a host of other failures will rush to the forefront.

Obviously a lot depends on this debate.

And much of the outcome depends on events and actions which are not part of normal debate preparation.

I have been observing Presidential debates since the very first debates in 1960 between John F. Kennedy and Richard Nixon.

Sometimes the outcome of a debate can turn on the most trivial thing.

Richard Nixon vs. John Kennedy

In 1960 then-Vice President Richard Nixon turned down professional makeup.

Television was still black and white and the lights were often harsh. Nixon thought a light application of a roll on makeup stick would suffice. His judgment was further flawed by two realities he ignored. First, Nixon naturally had a strong beard and the absence of makeup would give him a five o’clock shadow even if he shaved just before the debate. Second, he had hurt his leg, gotten infected, spent several days in the hospital and lost weight. The result was that he looked gaunt.

Via: Human Events

Continue Reading...

Poll: Obama, Romney neck-and-neck ahead of party conventions

Despite the attention on these other issues, both campaigns recognize the dominance of the economy and have worked to gain an advantage. The Post-ABC News survey contains some good and bad news for both candidates.

Obama continues to get more negative reviews than positive ones for his handling of the economy, and there is tepid confidence that the economy would get back on track in a second Obama term. Majorities have disapproved of how Obama is dealing with issue No. 1 for more than two years, although his numbers have not further deteriorated, despite a string of weak jobs reports leading into the fall campaign season.

Romney now holds a slim, seven-point edge among registered voters when it comes to handling the economy, even as there is also limited faith that things would quickly get better if he was to win. Obama counters with an equivalent advantage over Romney when it comes to who is seen as having a better understanding the financial problems people are facing.

Obama’s campaign has spent freely to portray Romney as a businessman more interested in profits than creating jobs, and one who enriched himself even as his company, Bain Capital, was closing companies and shedding jobs. In the new poll, nearly six in 10 voters say Romney, as president, would do more to help the wealthy than the middle class. For Obama the numbers are basically reversed, with about six in 10 saying he does more to help the middle class.

Via: Washington Post

Continue Reading...

NY Times Reports Romney Paid Federal Income Taxes-Will Harry Reid Apologize?

Even though he has not released his returns from earlier years, the 2010 return sheds some light on those years.

That’s because Mr. Romney paid income tax to foreign countries, and as result claimed in 2010 a $129,697 foreign tax credit, which he used to offset taxes he owed in the United States. American taxpayers who claim the foreign tax credit are required to report their total foreign taxes paid and tax credits used for the previous 10 years. So that return contains foreign tax data going back to 2000.

The good news for Mr. Romney is the forms suggest that he paid at least some federal income tax every year, as he has said he did. He used the foreign tax credit every year to offset his taxes in the United States, and American taxpayers can’t use a tax credit if they owe no federal income tax. This casts even more doubt on the claim by the Senate majority leader, Harry Reid, attributed to an unnamed Bain Capital source, that Mr. Romney paid no income taxes during that time.

Not that there was any real credence given to Harry Reid's appalling accusations, but this ought to at least shame Reid into publicly admitting he was wrong.

Via: Fox News

Continue Reading...

In 1991 Harvard Law School yearbook, Obama called for ‘mutual respect and tolerance’

A copy of Harvard Law School’s yearbook from 1991 — the year Barack Obama graduated — is for sale on eBay, and it provides an as-yet-unseen look into the future president’s views on the kind of “mean-spirited” campaign discourse that some Republicans say has characterized his own re-election campaign.

The seller, who first listed the item for sale July 17, provided scanned images of pages where Obama appeared, including his self-written “Student Profile.” In the essay, Obama mentioned “diversity” twice, including one mention of “faculty diversity,” a concept for which future first lady Michelle Obama — then Michelle Robinson — argued strongly in a 1988 Harvard Black Law Students Association (BLSA) essay.(RELATED: In Harvard essay, young Michelle Obama argued for race-based faculty hiring)

A note next to Barack Obama’s official yearbook photo also identifies him as a member of the BLSA.

His central message in 1991 concerned his desire for greater civility.

“After three years, I continue to be struck by the tremendous talent and energy among HLS students and faculty,” Obama wrote. “The diversity of campus life challenges all of us to question our assumptions, listen to other viewpoints, and articulate our values in a spirit of mutual respect and tolerance.”

By contrast, Republicans both inside and outside of GOP presidential contender Mitt Romney’s campaign have complained in recent weeks that the tone of Obama’s re-election effort has grown in coarseness and aggression.

Obama deputy campaign manager Stephanie Cutter accused Romney on July 12 of being either a liar or a felon, following the Boston Globe’s disclosure that Romney maintained legal title to Bain Capital well after his departure in 1999 to run the Salt Lake City Winter Olympics.

Via: Daily Caller

Continue Reading...

Romney’s Bain saved site of Obamas’ first kiss

Bain Capital, the investment firm that Mitt Romney made famous, made a leveraged buyout that saved the site of Barack and Michelle Obamas’ first kiss.

In 2005, Bain and two other private equity firms purchased Dunkin’ Brands Incorporated for $2.425 billion, according to a 2006 company press release.

Dunkin’ Brands is the parent company of Baskin-Robbins, at whose Hyde Park, Chicago location the president and his future wife Michelle went on their first date — and shared their first lip lock.

President Obama took the first lady out on a date in 1989 when the two worked at the same Chicago law firm, according to a Chicago Tribune article.

A 3,000-pound granite boulder now occupies the corner of Dorchester and 53rd Street, outside the ice cream parlor, bearing a quote about the couple’s first date.

“On our first date, I treated her to the finest ice cream Baskin-Robbins had to offer, our dinner table doubling as the curb. I kissed her, and it tasted like chocolate,” the inscription states.

In 2011, Dunkin’ Brands raised $400 million for its IPO, according to The Associated Press. The IPO allowed it to pay off most of its $475 million in high-interest debt.

Via: The Daily Caller

Continue Reading

Wife of steelworker in new Obama Super PAC ad still had job and health insurance after he lost his

I wonder if Bill Burton and crew knew about this and greenlit the smear anyway or if they didn’t care enough to even find out. Why would they? The point of calling Romney a murderer is to keep him on the defensive; the more ridiculous the charge is, the more media/online oxygen it sucks up and the less air there is for Mitt’s own attacks on O to breathe. They tried a straightforward offensive against Romney’s complex private equity record a few months ago but the results were inconclusive. Now they’re trying again with a bolder, simpler narrative: Romney’s layoffs literally killed people. If you’re a low-information voter who pays attention to this stuff in bits and pieces, a story you’re half-listening to about a rich guy and a steelworker and a plant closing and a young wife tragically dying from cancer sounds really bad, even if it’s a gross smear. In fact, the grosser the smear, the more compelling the half-listened-to story seems. Right, Harry?

Question: Knowing what we know now about the timeline of all this, what’s left of the accusation in the original smear ad? What is it, precisely, that Bain is being faulted for doing or not doing? They shouldn’t have closed down the plant because … it was unfair to expect the workers who were laid off to ever find new jobs with insurance? It was negligent not to predict that some workers’ wives might get laid off too and wouldn’t find a new job for years before they became ill? There appears to be no actual policy or business critique here. It’s just a string of events spread over five whole years, with certain key data omitted, and you’re supposed to infer causation without really being told why or how. This is what the Unicorn Prince has come to after promising four years ago to heal America or whatever. Perfect.

Via: Hot Air