Bill Maher discusses why people hate Mitt Romney (the first video begins at his comments about Romney and the second video is the rest):
You know, venture capitalists are not creators. They’re business men who find weak companies and prey on them. And Mitt can’t understand why anyone would ever question capitalism, no matter how feral it gets. “What? We found a wounded animal and we ate it!”
When asked about wealth distribution and income inequality, Mitt said, “It’s fine to talk about those things in quiet rooms.” Quiet rooms? Why? It’s a wealth gap not anal warts.
No wonder he doesn’t want to talk about it out loud — the most recent payroll data came in this week and the median annual income for an American is $26,353 a year. Or as Mitt calls it — a rounding error. At one of the debates Mitt said, “I won’t try and define who’s rich and who’s not rich, I want everybody to be rich.” Cue the morons in the audience clapping their hands like seals at a Seaworld getting a bucket of chum.
Well I can define who’s rich and who’s not: who’s rich is Mitt Romney and who’s not is someone making $26,000 a year…
“The biggest issue remains weak store traffic,” Stinson wrote in a July 14 report. “We believe sales have slowed in the second quarter and are running below plan primarily due to further traffic declines.” The Cleveland-based analyst rates the shares “neutral.”
Wal-Mart, led by Chief Executive Officer Mike Duke, is restoring an average of 8,500 products to its stores to lure back shoppers still pinched by persistent unemployment and gas prices that have risen 36 percent in the past year. Sales in U.S. Wal-Mart stores open at least 12 months have declined for eight straight quarters.
Coincidentally, luxury item sales are up, up, UP!Can you guess why? Have you made your reservations at Thunderdome?
Osama bin Laden set out to bankrupt America. Since 9-11, the United States has funded two declared wars and built a new department dedicated to homeland security. We’ve also lowered taxes for the wealthy.
…Rachel said. “But it is worth thinking about whether or not America has a strong resilient economy. Rich people being really rich, that alone does not give you a strong economy or a strong nation. That can just be feudalism with cable.“
New Rule: The next rich person who publicly complains about being vilified by the Obama administration must be publicly vilified by the Obama administration. It’s so hard for one person to tell another person what constitutes being “rich”, or what tax rate is “too much.” But I’ve done some math that indicates that, considering the hole this country is in, if you are earning more than a million dollars a year and are complaining about a 3.6% tax increase, then you are by definition a greedy asshole.
BruinKid: Stephen Colbert had an incredible segment last night, where he basically destroyed the deficit hawks’ argument, and even showed how unrealistic the very concept of Reaganomics and the “trickle down theory” is, as he used delicious satire to blast the Republicans for blocking unemployment benefits for millions of Americans, claiming they’re concerned about adding to the deficit, while not caring about adding MUCH more to the deficit by keeping the Bush tax cuts for only the wealthiest of Americans.