Barack Obama, our next President

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ... Full Story

“It's always darkest 'fore dawn”

Since: Jul 08

When's dawn?

#789291 Oct 31, 2012
HYPOCRITICAL OBAMA wrote:
President Obama has accused Mitt Romney of raking in profits from investing in companies that ship American jobs overseas, but according to his most recent financial disclosure, he and First Lady Michelle Obama have hundreds of thousands of dollars in a mutual fund that has large holdings in corporations that outsource jobs.
“(Romney) invested in companies that have been called ‘pioneers’ of outsourcing,” Obama said at a Saturday campaign event in Glen Allen, Va.“I don’t want a pioneer in outsourcing. I want some insourcing.”
But Obama’s own portfolio shows a willingness to invest in American corporations that have shifted employment overseas.
In his most recent financial disclosure from 2011, Obama and his wife reported having between $200,000 and $450,000 in the Vanguard 500 Index Fund, which invests in the largest U.S. corporations. According to a filing with the Securities and Exchange Commission, as of Sept. 30, 2011, the fund’s biggest holding was 8,272,039 shares of Apple Inc., then valued at $3.2 billion.
The New York Times reported in January:
Not long ago, Apple boasted that its products were made in America. Today, few are. Almost all of the 70 million iPhones, 30 million iPads and 59 million other products Apple sold last year were manufactured overseas….
“Apple’s an example of why it’s so hard to create middle-class jobs in the U.S. now,” said Jared Bernstein, who until last year was an economic adviser to the White House.
“If it’s the pinnacle of capitalism, we should be worried.”
The mutual fund that the Obamas have invested in also held 94,582,281 million shares of General Electric, valued at $1.4 billion, as of the SEC filing. The multinational conglomorate has a long history of outsourcing – according to a new book cited by the New York Times, in 1989,“G.E. became the first U.S. company to outsource software work to India.” Obama also has close ties to GE’s CEO, Jeffrey Immelt, who was appointed as chairman of his outside panel of economic advisers last year.
In addition to Apple and GE, the Obamas’ fund listed 10,655,961 shares of International Business Machines, valued at $1.9 billion. As the Wall Street Journal reported in 2009,“The technology giant has been steadily building its work force in India and other locations while reducing the number of workers based in the U.S. Foreign workers accounted for 71% of Big Blue’s nearly 400,000 employees at the start of the year, up from about 65% in 2006.”
The point in this is not to say outsourcing is wrong. Corporations are supposed to maximize profits for shareholders. But Obama’s own portfolio shows that despite his heated rhetoric, he makes investment decisions without regard to whether companies are outsourcing.
You can look at a full list of the fund’s holdings as of Sept. 30, 2011, here.
You don't know the difference between a pension plan with Mutual Funds and a "Blind" trust with assets hidden all over the place? Typical R'Money supporter.
Sondra

Edison, NJ

#789292 Oct 31, 2012
leosnana wrote:
<quoted text>I don't believe you...'nuff said, and the term is prefer, btw, as in I think you prefer a Grumpy Old white Prick.
Is this a picture of you in the brown leather jacket shoe "shopping"? Glad to see you lost some of that baby weight.
Sondra

Edison, NJ

#789293 Oct 31, 2012
LOL

Sparta, NJ

#789294 Oct 31, 2012
Mitt Madoff wrote:
<quoted text>
Did you say something, Mutt?

Oh, Da Bammy sucks.

“Bill Clinton could have ”

Since: May 10

Prevented this

#789296 Oct 31, 2012
leosnana wrote:
<quoted text>I don't believe you...'nuff said, and the term is prefer, btw, as in I think you prefer a Grumpy Old white Prick.
NO Leo I can't stand Biden. He is all yours!!! how old is the guy? 83?

Since: Oct 12

Location hidden

#789297 Oct 31, 2012
DBWriter wrote:
<quoted text>
So, what you're saying is, the Romney reached into its own pockets and contributed 5,000 dollars to the relief effort.
How much did Obama's campaign contribute?
That is equal to the total number of votes in Congress for all 2 of Obama's budgets he submitted of the 4 we hired him to submit in the 4 years he's been golfing around the White House - ZERO.
That's NADA, NOTHING, ZILCH.
Yup. Typical Democrat. "I'm not supposed to help. I'm just supposed to tell you what to do to help. All of you have to do everything to help. I'm just hear to make noise with my mouth."
NO, no, no. Romney did not use his own money. He used money that you contributed. His money is tied up elsewhere - Cayman Islands and such

“Constitutionalis t”

Since: Dec 10

Spring, TX

#789298 Oct 31, 2012
Lincoln Duncan wrote:
<quoted text>
Problem with CIA foreign stuff is that the truth will come out in 20 years.
Cuban missile crisis details are still being revealed.
FEMA is on everyones mind
The Governor of New Jersey's state was amongst those hit the hardest, with devastation he described as incomparable to anything he'd ever seen.
A staunch Republican, and an endorser of presidential candidate Mitt Romney, Christie has crossed the aisle this week, and praised President Barack Obama for his support:
"This is much more important than any election, Piers. This is the livelihood of the people in my state," says the 50-year-old who was born in Newark. "When the president does things that deserve praise, I will give him praise.
FEMA is not on everyone's mind.
The physical damage from the storm was minimal. The only problems are with the electrical infrastructure that didn't get updated with the 860 billion dollars Obama spent on "Porkulus".
It's only those Democrats that want to pretend Obama's empty chair abandoned the Americans fighting Al Qaeda in Libya never happened.

It seems the weak hurricane story is fading fast. Your political cow is running out of milk.
Back to the important issues....

Who in the White House told Susan Rice what to say all over the television networks and at the UN?
It obviously wasn't Obama.
Who is making the decisions our empty chair should be making?

Who do you think it is?

Since: Feb 08

Spokane, WA

#789299 Oct 31, 2012
Lincoln Duncan wrote:
<quoted text>
9-11 republican president lied us into two wars.
You seem clueless member of the 47% shilling for the rich
"stinking duncan"
BULLMANURE!!!!
Peace
KMA
Nobama

Allentown, PA

#789300 Oct 31, 2012
Lincoln Duncan wrote:
Later today, President Obama inspects damage from Hurricane Sandy along the Jersey shore, accompanied by Gov. Chris Christie, R-N.J.
They will be "talking with citizens who are recovering from the storm and thanking first responders who put their lives at risk to protect their communities," said the White House.
Obama will be detracting from the cleanup effort by diverting first responders to his security instead of that of the residents.....

purely a political stunt.....

“Constitutionalis t”

Since: Dec 10

Spring, TX

#789302 Oct 31, 2012
dem wrote:
<quoted text>
I never called your wife a who re.
Why you defending her?
<nuts>
<clueless>
... and <lying>
LOL

Sparta, NJ

#789303 Oct 31, 2012
... the oceans began to slow and our planet began to heal ... another Bammy failure - Sandy.

“See how you are?”

Since: Jul 12

Earth

#789304 Oct 31, 2012
Nobama wrote:
<quoted text>
no regulation required...the bankers should require a 20% cash down payment before granting a mortgage...a sound business practice.....
of course, the left would squeal that such financial responsibility would discriminate against minorities....
Yet again, I urge you to investigate the CRA, redline area loans and the G-L-B Act before you make more squealing noises about what you obviously don't know.
Lincoln Duncan

Griffin, GA

#789305 Oct 31, 2012
DBWriter wrote:
<quoted text>
FEMA is not on everyone's mind.
The physical damage from the storm was minimal. The only problems are with the electrical infrastructure that didn't get updated with the 860 billion dollars Obama spent on "Porkulus".
It's only those Democrats that want to pretend Obama's empty chair abandoned the Americans fighting Al Qaeda in Libya never happened.
It seems the weak hurricane story is fading fast. Your political cow is running out of milk.
Back to the important issues....
Who in the White House told Susan Rice what to say all over the television networks and at the UN?
It obviously wasn't Obama.
Who is making the decisions our empty chair should be making?
Who do you think it is?
Christie seems interested
Nobama

Allentown, PA

#789306 Oct 31, 2012
Alloramadai wrote:
<quoted text>
Purchased from WalMart? Honestly? Way to support the local economy!
virtually all employees of Walmart stores are "local"....

and most of the products sold are the same as those available at other stores, just at lower prices....

so if you're not bothered by all the minorities that work and shop at Walmart, why not buy there.....
Logic

United States

#789307 Oct 31, 2012
Can't wait to see Romney and the Re-Pub-Lying-Cans

next big lie on Obama.

They will get bigger and dumber as election day

approaches.
Lincoln Duncan

Griffin, GA

#789308 Oct 31, 2012
Nobama wrote:
<quoted text>
Obama will be detracting from the cleanup effort by diverting first responders to his security instead of that of the residents.....
purely a political stunt.....
Gov. Christie seems to have a different opinion.
Seems to be with our President Today.
LOL

Sparta, NJ

#789309 Oct 31, 2012
Nobama wrote:
<quoted text>
Obama will be detracting from the cleanup effort by diverting first responders to his security instead of that of the residents.....
purely a political stunt.....
... hope he drinks a large glass of that street water.
RUSH10ME

Warsaw, VA

#789310 Oct 31, 2012
dem wrote:
<quoted text>
How many bricks are imbedded in your skull?
How many pricks are imbedded in yours ??
Nobama

Allentown, PA

#789311 Oct 31, 2012
leosnana wrote:
<quoted text>I don't believe you...'nuff said, and the term is prefer, btw, as in I think you prefer a Grumpy Old white Prick.
just as you are a snotty black hoe.....
sonicfilter

Indianapolis, IN

#789312 Oct 31, 2012
Alloramadai wrote:
<quoted text>
Purchased from WalMart? Honestly? Way to support the local economy!
Romney and Murdoch have something in common.

China thanks them, and, the Bush tax cuts.

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