Folks,
If Romney Family Investment has ties to Voting Machine Company, we are all cooked for election night dinner........
Obama won Monday night's debate on points with facts. At more than 4 intervals The President pointed out Mitt Romney Lies; and you cannot become a President basing on falsehood......more specifically being the most powerful President in the world. It is not possible as such character cannot hold for long before they find themselves triggering war. A President who outsources jobs overseas and winding jobs at home pushing many people to joblessness, does not make his Country strong but weakens his Country. A strong Nation has vibrant healthy with sustained means of stable livelihood. Creating a condition of joblessness is a sign of weakening a Nation for which Romney is guilty of.
However, President Obama still holds a substantial advantage in the battleground states that will determine the outcome of the election. Ipsos projects Obama will carry hotly contested states such as Florida, Ohio and Virginia, for a relatively comfortable electoral college victory. But when Romney has the Voting Machine Company, it is all our guess who the winner shall be.......
From what we all gather about Mitt Romneys stand and after one time commenting on challenging Russia and Iran with immediate possible war, and from his own change of tactics, one time saying this, the next saying that, without having any consistent solid stand as well as no specifics given for his policies,......there is worrisome situation that, his relationship and connection to Bush operatives may not be a good thing to America and the world if Romney becomes the President.
America cannot dominate the world, spreading their Armed Forces to police the world without weakening home-base stability and loosing fundamental foes and friends in the Global region of the world. It is because there are no resources to do that effectively and fix our country from Fiscal accruing debts.
We must be considerate and give credit where credit is due.....The fact remain that, President Obama's recovery Plan is working......Signs are good.......He has done a good job and he needs to be appreciated and commended for the job well done........Is is True we are not there yet.......it is not 100% completed simply because Obama inherited 4 decades of pilled-up problems, but he strived to put America on the right path, signs for which is now evident and is showing that Obama's Recovery Plan is bearing fruits.
Why would we want to return to where we were when Bush Left Office?? Having noted, "Over five million new jobs......exports up forty one percent......with home values rising, and our auto industry back." What more can we ask for except to boost for the Long-Term Sustainability to improve the future???
Please Take Note President Obama's Quote:
Yes, we're not there yet.....but, but we've made real progress and the last thing we should do is turn back now,"
"Here's my plan for the next four years: Making education and training a national priority; building on our manufacturing boom; boosting American-made energy; reducing the deficits responsibly by cutting where we can, and asking the wealthy to pay a little more. And ending the war in Afghanistan, so we can do some nation-building here at home," Obama says in the ad. "That's the right path."
"It's an honor to be your President…and I'm asking for your vote…so together, we can keep moving America forward."
People, without being biased or discriminatory, President Obama deserves a second chance. Lets stand together.......!!!
It is true that the GOP Republicans hated President Obama from the word go, they did not want him to step in the White House......They Hate Him with a Passion.......But it is clear God Chose President Obama to save us all from Economic Collapse and Global destruction. From what we have seen unfolding, and for all our security and survival, should's we join forces to do the right thing and support President Obama irrespective of GOP hate ? So we can be saved from hate, and be at Peace in Unity under Love.....???
Careless Killings, Hate, Pain and Suffering has taken pivital pitch in the world. The world is hurting and is at pain. The world is sore with deep scar and many are wounded, if war errupts, there shall be total chaos. Although the war is between the Rich and the Poor, incase the war errups, even the Rich shall not be spared...Dont we need a breather from all hoolabaloo of pushing for war....? Or shouldnt the 1% of the Rich and Wealthy stop keep pushing the rest of underprivilleged and poor through intimidation, manipulation and in monopolizing business and trade for self-ego, selfishness and greed, and cooperate instead of denying everybody else in the world benefits of good measure of Human Rights to descent livelihood and survival ???
In all these, where is True Love.....???
May God see us through these difficult moments.......and join our hearts and minds in one accord, so we are able to choose wisely and give President Obama another chance to complete what he started......and so that, our future is planted on a solid ground full of Love and Happiness, where under Peace and Unity, our destiny is Reinvented with enormous opportunity for sustainability with prospects of progressive growth and expansion. This is my dedicated Prayer and I believe and Trust many are of the same mind and Spirit that It Shall Be So.....!!! Judy Miriga Diaspora Spokesperson Executive Director Confederation Council Foundation for Africa Inc., USA http://socioeconomicforum50.blogspot.com Obama takes aim at Romney on naval readiness: 'We also have fewer horses and bayonets' Reporter
The Ticket – 11 hrs ago President Barack Obama and Gov. Mitt Romney clashed in an exchange about the size of the U.S. military in what may end up being the signature dialogue of the third and final presidential debate. "Our Navy is smaller now than at any time since 1917," Romney said. "The Navy said they needed 313 ships to carry out their mission. We're now at under 285. ... We're headed down to the low 200s if we go through a sequestration. That's unacceptable to me." Romney also said the U.S. Air Force is "older and smaller" than at any time since it first flew in 1947 and that the U.S. has begun to move away from its traditional stance of being able to simultaneously fight wars on two fronts. "I think Governor Romney maybe hasn't spent enough time looking at how our military works," Obama said, beginning a sharp assault on Romney's foreign policy knowledge. "You mentioned the Navy, for example, and that we have fewer ships than we did in 1916. Well, Governor, we also have fewer horses and bayonets, because the nature of our military's changed. We have these things called aircraft carriers, where planes land on them. We have these ships that go underwater, nuclear submarines. "And so the question is not a game of Battleship," Obama continued, "where we're counting ships. It's what are our capabilities." As some observers pointed out, the remark may have added insult to injury, considering Romney is the owner of a horse that competed in the 2012 Summer Olympics. Biden Says Country Witnessing 'Remaking of Mitt Romney'By Arlette Saenz | ABC OTUS News – 18 hrs agoCANTON, Ohio - As President Obama and Mitt Romney head into their final debate Monday night, Vice President Joe Biden said in Ohio that the country might at last be witnessing the reconstruction of the Romney platform that his campaign hinted at last spring. "His plans aren't sketchy, they're Etch A Sketchy. They're like shaking that little tablet out there," Biden said at the J. Babe Stearn Community Center Monday. "It's under way guys. We are seeing the remaking of Mitt Romney right before our eyes." Democrats and rival Republicans quickly pounced on Romney's team last March when senior adviser Eric Fehrnstrom suggested the campaign could reset itself "like an Etch A Sketch" in the general election. Romney, who was then a contender in the Republican primary contest, " walked back" his adviser's comments, telling reporters that while the campaign may restructure itself "organizationally," the issues he'd be running on would be exactly the same." Biden has continued that line of attack in the days since the second presidential debate last Tuesday, and has stressed that the former Massachusetts governor and his running mate, Rep. Paul Ryan, have failed to provide the country with specifics about their plans, and suggested that the GOP ticket didn't even know what their plans entailed. "They talk about our debt. They talk about our problems. How do you justify that? And on top of that, Romney has been running on a $5 trillion tax cut, which would give another hundred, $250,000 a year, to those same 120,000 families. And this guy says he cares about the middle class? He also says when asked how he's going to pay for it … it's revenue-neutral. That's Washington-speak for 'I don't know,'" Biden said. Biden has embarked on a three-day swing through Ohio as both sides engage in a hard-fought contest in this battleground state, which could determine the outcome of the presidential election. "Through a lot of hard work, early voting sites in Ohio will be open for extended hours and that means you can go in and vote any time between 8 and 7 p.m., and the sooner you vote the better the momentum, so folks, go vote," Biden said. "Folks, we need you. Together we can win Ohio, and when we win Ohio, we win this election," he said later. With the third presidential debate on deck tonight, remnants of previous debates have made their way into the voter lexicon. At Biden's rallies in the past week, voters shouted "malarkey" as the vice president talked about Romney's positions, channeling Biden's performance in his debate against Paul Ryan. "Under this territorial tax law, the only tax that country will ever have to pay is what they pay in that country, and they can bring all the profits home made by cheap labor, the Bain way, they can bring them all home and never have to pay American taxes," Biden said as a man shouted "Malarkey!" "By the way, that's more than malarkey. That's deadly," Biden said. And the crowd pre-empted Biden with chants of "Romnesia," a term coined by President Obama after the second presidential debate at Hofstra University. "All of a sudden, Romney claims that he doesn't have a $5 trillion tax cut," Biden said as the crowd started to chant "Romnesia!" "Now the president has a new term for it. What is it? Romnesia! I tell you man. And by the way, guess what? It's contagious!" he said. Voters: In Role Reversal, Obama More Aggressive, Romney PassiveDuring the Iraq/Iran War, we supplied arms to Iraq only to have them turned on us a decade later. During the Soviet invasion of Afghanistan, the arms supplied to the Afghans were also turned against us years later. These are learned lessons that a leader of the United States should know and be mindful of when making their decisions. President Obama's answer to this question clearly indicates his understanding of lessons learned. Mitt Romney's answer clearly lacks any indication that he understands this. Obama dispensed zingers early and often, from "the 1980s called; they want their foreign policy back" to "we have these things called aircraft carriers" to jabs about Romney's investments in companies that did business overseas and outsourced American jobs. Every remark was calculated to suggest that Romney is out of touch with current events and stuck in failed past Republican policies. Romney once again frequently referred to the letdowns of the past four years, but because Obama's foreign policy record is much stronger than his domestic record, it was less effective. He had to give credit for Obama successes such as killing Osama bin Laden and couldn't articulate how his Syria policy would differ. Meat Loaf once sang that "Two Out of Three Ain't Bad," and Obama better hope it's "not bad" enough to win re-election. -- Dan Berthiaume, Haverhill, Mass. Romney had the advantage of drawing the first question response and he had the advantage of making the final statement of the debate. Even so, there were no new ideas from him or concrete solutions to our nation's problems. He repeated his standard campaign talking points. Obama was strongest in the middle of the debate. He brought up nation-building at home two separate times as a way to help this country. While I was concerned at one point that Bob Schieffer might have left the building, he was a good moderator overall. A sitting president always has a bit of an advantage in a foreign policy debate. He has the inside scoop. It's just the nature of his job. I felt President Obama took advantage of this and came out more aggressive, answering any attacks and launching a few of his own. Mitt Romney tried to attack the president's policies on Israel, Iran and military spending, but to me, these attacks fell short. The bottom line is that on foreign policy, the candidates are not as far apart as they would like you to believe. I went into this debate supporting President Obama and I still do. We didn't hear anything new tonight. I think it's time to vote. -- Margaret Brogan Eastham, Atlanta Romney Family Investment Ties To Voting Machine Company That Could Decide The Election Causing ConcernBy Rick Ungar | Forbes – 23 hrs agoIt's 3:00 a.m. on November 7, 2012. With the painfully close presidential election now down to who wins the battleground state of Ohio, no network dares to call the race and risk repeating the mistakes of 2000 when a few networks jumped the gun on picking a winner. As the magic boards used by the networks go 'up close and personal' on every county in the Buckeye State, word begins to circulate that there might be a snafu with some electronic voting machines in a number of Cincinnati based precincts. There have already been complaints that broken machines were not being quickly replaced in precincts that tend to lean Democratic and now, word is coming in that there may be some software issues. The network political departments get busy and, in short order, discover that the machines used in Hamilton County, Ohio—the county home of Cincinnati— are supplied by Hart Intercivic, a national provider of voting systems in use in a wide variety of counties scattered throughout the states of Texas, Oklahoma, Hawaii, Colorado and Ohio. A quick Internet search reveals that there may be reason for concern. A test conducted in 2007 by the Ohio Secretary of State revealed that five of the electronic voting systems the state was looking to use in the upcoming 2008 presidential election had failed badly, each easily susceptible to chicanery that could alter the results of an election. As reported in the New York Times, "At polling stations, teams working on the study were able to pick locks to access memory cards and use hand-held devices to plug false vote counts into machines. At boards of election, they were able to introduce malignant software into servers." We learn that one of the companies whose machines had failed was none other than Hart Intercivic. With television time to fill and no ability to declare a winner so that the long night's broadcast can be brought to a close, the staffs keep digging for relevant information to keep the attention of their viewers—and that is when it gets very real. It turns out that Hart Intercivic is owned, in large part, by H.I.G. Capital—a large investment fund with billions of dollars under management—that was founded by a fellow named Tony Tamer. While is is unclear just how much H.I.G. owns of Hart Intercivic, we do learn that H.I.G. employees hold at least two of the five Hart Intercivic board seats. A little more digging turns up a few tidbits of data than soon become 'the story'. Tony Tamer, H.I.G.'s founder, turns out to be a major bundler for the Mitt Romney campaign, along with three other directors of H.I.G. who are also big-time money raisers for Romney. Indeed, as fate would have it, two of those directors—Douglas Berman and Brian Schwartz— were actually in attendance at the now infamous "47 percent" fundraiser in Boca Raton, Florida. With that news, voters everywhere start to get this queasy feeling in the pits of their stomach. But wait—if you're feeling a bit ill now, you'll want to get the anti-acids ready to go because it's about get really strange. To everyone's amazement, we learn that two members of the Hart Intercivic board of directors, Neil Tuch and Jeff Bohl, have made direct contributions to the Romney campaign. This, despite the fact that they represent 40 percent of the full board of directors of a company whose independent, disinterested and studiously non-partisan status in any election taking place on their voting machines would seemingly be a 'no brainer'. To Mr. Bohl's credit, after giving a total of $4,000 to "Romney For President", it must have occurred to him that it might not look so good for a board member of a company whose voting machines are to be a part of the presidential election to be playing favorites—so he gave $250 to Barack Obama to sort of balance the scales. Mr. Tuch? Not so much. Interestingly, Mr. Bohl lists himself as an investor at H.I.G. Capital for his Romney contributions but his far smaller donation to Obama was done as "Jeff Bohl, self-employed innkeeper". And finally, we learn that H.I.G. is the 11th largest of all the contributors to the Romney effort. Did I say "finally"? My bad...because there is, indeed, more. Can you guess who is reported to have a financial relationship with H.I.G. Capital Numerous media sources, including Truthout, are reporting that Solamere Capital—the investment firm run by Mitt Romney's son, Tagg, and the home of money put into the closely held firm by Tagg's uncle Scott, mother Anne and, of course, the dad who might just be the next President of the United States—depending upon how the vote count turns out, in our little tale, in the State of Ohio—have shared business interests with H.I.G. either directly or via Solamere Advisors which is owned, in part, by Solamere Capital, including a reported investment in H.I.G. by either Solamere Capital or Solamere Advisors. Lee Fang, in his piece for The Nation exploring the government related activities of various companies in which Solamere has an interest writes- "Meanwhile, HIG Capital—one of the largest Solamere partners, with nearly $10 billion of equity capital—owns a number of other firms that are closely monitoring the federal government. " While the Cincinnati scenario is —at this point—fiction, the rest of this story is all too true, including the part where the voting machines to be used in Hamilton County will be those provided by Hart Intercivic. And while I am not suggesting conspiracies or that anyone would get involved in any foul play here, most particularly the GOP candidate for President, how is it possible that so many people could exercise so much bad judgment? The sanctity of voting in America is supposed to be one of our most important virtues. So concerned are we with a 'clean' process that James O'Keefe has made a career entrapping, video taping and destroying those sympathetic to Democratic Party candidates and causes who cross the line when it comes to the voting process. And that's just fine. If Mr. O'Keefe can legitimately expose someone engaging in voter fraud, he most certainly should call them out. So, why would these individuals who serve on the board of directors of Hart Intercivic go out of their way to make a contribution to any political candidate given the critical importance of their company remaining above reproach when it comes to the political process? And why would those who run the company that owns Hart Intercivic be giving hundreds of thousands of dollars to a political candidate? And why would a political candidate and his family have a financial relationship with a company that owns a chunk of the voting machine company that will be counting the actual votes given to that political candidate or his opponent? Keith Olbermann was suspended from his job at MSNBC for donating a couple hundred bucks to a local candidate that was a friend of his. Why? Because his employer required that journalists at the network stay free of having given such contributions to any candidate for all the obvious reasons. Is it really too much to ask that those who control the voting machines that record and count the votes of our elections be held to at least the same standard? Hopefully, everything will go swimmingly in Cincinnati on Election Day. And, if it doesn't, it will no doubt be the result of honest error. Yet, because of this uncomfortable chain of ownership, we now find ourselves with one more headache among the many headaches that accompany the important work of choosing an American president and believing that the process was a fair one—particularly when such an election comes down to a very few votes as may well be the case on Election Day, 2012. Really, guys. You couldn't find anything else to invest in? You couldn't donate all those hundreds of thousands to charity rather than put it into political contributions so that your fellow countrymen would have no reason to ever doubt or question the results of so important an election—or any election for that matter, even if it's the choice of a county dogcatcher? I truly wonder sometimes just what these allegedly smart people have inside their heads—or, more importantly, their hearts.  Daniel Fisher, Forbes Staff I cover finance, the law, and how the two interact. 10/03/2012 @ 6:00AM |76,772 viewsThe Truth About Bain: Inside The House That Mitt BuiltThis story appears in the October 22, 2012 issue of Forbes.  Barry Alexander So Bain without Romney did worse. Perhaps it got too big and missed the management and judgement of Mitt. Bain's loss can become our countries gain. James It's not just that Bain without Romney did worse (although there is that). Compared to other companies doing the same thing, Bain lost ground because other [...] safari801 Yeah, re-elect Obama and your great grand kids are screwed. Daniel Fisher, Forbes StaffRomney left the capital markets business in 1999 to run the Winter Olympics and served as governor of Massachusetts while the housing bubble was inflating, [...] Tom Ess Hey under Mitt Ronmey Massachusetts … 1. Ranked 47th in job growth. 2. Suffered the second-largest labor force decline in the nation. 3. Lost 14 percent of [...] Daniel Fisher, Forbes StaffWow. I guess you are among those who consider the President to be responsible for national economic performance, as well. (Credit: Illustration: Peter Horvath; Photographs: Getty Images) Among the private equity deals of this century, HCA stands among the very best. Bain Capital partnered with KKR and Merrill Lynch to buy the hospital chain for $33 billion in November 2006. Bain invested $1.2 billion for a 25% stake and recovered almost all its money with a trio of special dividends in 2010. The Boston firm pulled out another $457 million when HCA went public again in March 2011 and still owns shares worth almost $3 billion. Despite the financial crisis and periodic whiffs of scandal swirling around the for-profit hospital chain, HCA is worth 26% more today than it was seven years ago, and Bain investors have more than tripled their money. If only they could all turn out like HCA. But they haven't. Not even close. Actually, few of Bain's biggest deals since buying HCA have panned out so far, leaving it with a decidedly middling recent investment record far outstripped by its mythology. Bain Capital has endured more dissection, debate and criticism this year than any firm in the half-century-old history of private equity, owing to its founder, GOP presidential candidate Mitt Romney, who launched the firm in 1984. Yet even after all this it remains among the least understood, due to its insular nature and distracting history. While both the White House and Romney himself focus on Bain's job-creation record, no one has gauged the firm using industry-standard metrics to see how well it has performed in its core mission: making money for its partners and investors. Nycomed Deal Shows How Small PE Firms Can Reap Billions  Daniel FisherForbes Staff See our list of the Dealmaker 50 top partners in private equity here. An exclusive analysis of the firm's returns conducted by FORBES reveals that despite the hype surrounding Bain, investors in the firm's biggest funds, raised in 2006 and 2008, would have been better off in a simple stock index fund. And while Bain churned out serious returns for partners and investors alike during Romney's tenure, it's that reputation, rather than results, that has carried Bain for the past decade. Stephen Pagliuca, a managing director of Bain Capital, defends the firm's recent record: "We are in the business of being long-term right." Good thing, because it could take a while. Over the past three months FORBES dug into the financial performance of every company Bain has invested in for the past decade, as well as the returns of Bain funds that raised some $42 billion in capital and commitments since Romney stopped working there in 1999. We also talked to some of Bain's competitors and analysts, to understand how the firm does business. What we found: –While funds raised through 2004 maintained the upper-quartile performance typical of Bain during the Romney years, returns for later funds — their biggest–have lagged as the company engineered multibillion-dollar buyouts of fragile consumer-dependent companies like Toys "R" Us, Burlington Coat Factory and Guitar Center at the peak of the 2005-08 private bubble. Those investments may yet recover, but they speak to a culture where reverent faith in decades-old techniques, rooted in consulting, have not kept pace with a new age of dealmaking. –Bain exemplifies a worrisome trend for private equity as a whole. Megashops like Bain, with tens of billions to deploy and an insatiable need to buy, make profitable exits increasingly difficult. Mix in the meltdown and the tepid recovery, and you've got a toxic brew for investors, which include some of the nation's largest pension funds. Clear Channel Communications epitomizes all three of these issues. Bain and buyout firm Thomas H. Lee Partners bought the nation's largest group of radio stations for $24 billion in July 2008, including $2.1 billion in equity, just in time to watch the advertising market collapse along with the U.S. economy. Loaded with $21 billion in debt and a $1.5 billion annual interest tab, Clear Channel barely earns enough to cover its interest payments and capital expenditures. And even giving it an Ebitda multiple akin to the far more profitable Disney, for example, the company is worth perhaps 70% of what Bain paid for it. "It's extremely, extremely levered–it was one of the last deals done during the bubble," says Karen Klapper, a debt analyst with CreditSights. Her appraisal of Bain is the ultimate backhanded compliment: "They're doing a good job managing their balance sheet and pushing out maturities so they don't go into bankruptcy." Avoiding bankruptcy wasn't the goal when 37-year-old Romney established Bain Capital in 1984. With the encouragement of Bill Bain himself, Romney and two other Bain & Co. consultants set out to apply his mentor's philosophy to private equity, making companies more valuable by increasing efficiency and finding new markets. Until his departure, Romney reportedly held all of Bain Capital's stock and made a fortune by participating in the firm's deals. "It was eye-opening, the techniques they were using to grow businesses and make business get better," says Pagliuca, whom Romney hired as a summer associate at Bain & Co. in 1981. "The rationale was, this consulting work that worked so well with companies could be used for investments, too." Frederick E. Allen, Forbes Staff I am the Leadership Editor of Forbes. 7/12/2012 @ 3:48PM |22,771 viewsHow Mitt Romney Invested Millions in Outsourcing Chas Holman I certainly wont say Governor Romney is not telling the truth until I get all the facts.. businessfirsthouston You are really a piece of work Allen. And I suppose you really believe Obama has the experience (even after almost 4 years) to be the chief executive of th [...] Frederick E. Allen, Forbes StaffThis isn't a post about Obama. It's about how Romney as been unforthcoming and insonsistent–characteristically, I would say–about a matter he has been maki [...] businessfirsthouston The real question is why is it even an issue? You don't want to talk about Obama's appalling lack of leadership. How about you now turn the tables and do t [...] Frederick E. Allen, Forbes StaffHere is a good article about how outsourcing is not in itself a bad thing, and about how Obama, as well as Romney, has been demagoguing it: http://www.bloo [...] Heather New Let's start off with things Obama has done here. Anon Outsourcing means loss of American jobs. PERIOD! It doesn't create jobs. It does however create marginally greater profits for the companies that lay off e [...] (Image credit: Getty Images via @daylife) David Corn of Mother Jones reports that "according to government documents . . . Romney, when he was in charge of Bain [Capital], invested heavily in a Chinese manufacturing company that depended on US outsourcing for its profits—and that explicitly stated that such outsourcing was crucial to its success." This didn't happen after 1999, when Mitt Romney says he left Bain Capital to run the Salt Lake City Olympics (Corn was one of the first reporters to raise questions, now gaining wide exposure, of whether Romney really left Bain then), but the year before. On April 17, 1998, Brookside Capital Partners Fund, a Bain Capital affiliate of which Romney was the sole shareholder, sole director, president, and chief executive, invested an estimated $14.2 million in Global-Tech, an appliance maker in Dongguan, China. Global-Tech made products for American companies like Sunbeam, Hamilton Beach, Mr. Coffee, and Proctor-Silex. In September 1998 Global-Tech's CEO announced that the company was postponing a factory expansion because Sunbeam was slowing its rate of outsourcing, and said, "Although it appears that customers such as Sunbeam are not outsourcing their manufacturing as quickly as we had anticipated, we still believe that the long-term trend toward outsourcing will continue."  Did Mitt Romney Exit Bain Capital in 2002 or 1999? It Depends on the Meaning of the Word 'Retire'  Peter CohanContributorBy the end of 1998, Brookside was sharing its piece of Global-Tech with Sankaty High Yield Asset Investors, the mysterious Romney-owned Bermuda corporation discussed in the recent Vanity Fair article on the candidate's finances. In August 2000, Brookside and Sankaty sold their shares in Global-Tech. Of course globalization is here to stay, and macroeconomic forces have sent much American manufacturing to China, probably never to return. What makes this investment by Romney news is what Romney himself has said about outsourcing. He demanded, and failed to get, a retraction from The Washington Post after it reported that Bain Capital, while he was there, invested in companies that outsourced, and, as David Corn writes,
 The Forbes 400: The Richest People In AmericaTwo-thirds of the wealthiest people in the U.S. added to their fortunes, boosting their average net worth by $400 million to a record $4.2 billion. WRONGLY IMAGINED.......By GOP Rep ..... On The Stove Cooking A Romney-Biden Administration? It Could HappenBy Jonathan Karl | ABC OTUS News – 14 hrs agoIt's sounds crazy. It would be crazy. But it is possible that this election could result in a President Romney and a Vice President Biden. Let me explain. If there is a tie in the electoral college (and, as I explain below, there could be), it will be up to the newly elected House of Representatives to elect a President and the newly elected Senate to elect the Vice President. Tune in to ABC News.com tonight at 8 p.m. ET for anchored coverage of the final presidential debate, held at Lynn University in Boca Raton, Fla. The rules are all outlined in the 12 th Amendment to Constitution. Here's how it would work: 1) In the House vote for President, each state delegation gets a single vote. So California, with 53 Representatives (majority of them Democrats), would likely cast its single vote for Obama. South Dakota with just one Representative (Republican), would get equal weight and likely cast its vote for Romney, and so on. All told, in the current House, Republicans have majority control of 33 state delegations; Democrats control 14 and 3 are evenly divided. Even if the Democrats win control of the House, the Republicans would almost certainly still control a majority of the state delegations. Bottom line: Romney wins. 2) In the Senate vote for Vice President, each Senator gets a single vote. If Democrats keep control of the Senate, Biden would likely win (unless somebody crosses party lines). If the new Senate is divided 50-50 (a plausible outcome), the sitting Vice President would cast the tie-breaking vote. That sitting vice President: Joe Biden. Yes, Joe Biden would be the deciding vote in re-electing Vice President Joe Biden. Bottom line: If Democrats keep control of the Senate, Biden likely wins. Voila! You have a Romney-Biden Administration, the greatest political odd couple since the Adams-Jefferson Administration (now those two had real political differences). Is this all just crazy talk? No. There are a number of plausible scenarios which could result in a 269-269 electoral tie. Here's just one: Obama wins OH, WI, NH. Romney wins FL, VA, NC, IA, CO, NV (and all other states go as expected). Result: a 269-269 tie. I am not saying this is likely to happen. But it is far from impossible. Don't believe me? Play the electoral game yourself at ABC's Gamechanger's electoral college map. |
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