Mitt Romney's S&P Pitch Played Up Taxes

POLITICO:

Gov. Mitt Romney lobbied the credit ratings agency Standard & Poor’s in 2004 to raise his state’s credit rating in part because Massachusetts had raised taxes during an economic downturn two years earlier.

Read the whole story: POLITICO

 

 

Comments

[Clevelandinwi]

02:32 PM on 08/12/2011

Don't forget mitt's 'business experience'; it consists of using his daddy's money to buy companies, fire the 'overpaid' workers and sending the jobs to Mexico, China and Viet Nam.

[salebored]

08:34 PM on 08/11/2011

Is Steven Colbert going to back a Mitt Rumknee to run against his Rick Parry?

[maurage]

02:57 PM on 08/11/2011

And you thought Kerry was the lone flip-flopper from Massachusetts.

[shortleash]

02:21 PM on 08/11/2011

He should win just on his good looks alone!

[springsm]

02:20 PM on 08/11/2011

Mitt Romney is very sleazy and I truly do not believe he has a moral ethical trait in him. He will say what he has to say, do what he has to do and lie to do what he has to do...to get favored status. He lives a lie...and proves it daily.

[heronpoint]

01:48 PM on 08/11/2011

Between this and his "corporations are people" speech today, I think his campaign might be over even before the debate begins. And he was the more-electable of the crowd? Sheesh....

[Clevelandinwi]

02:30 PM on 08/12/2011

He'll be the nominee because he's the only sane one in the group.

[BetterDeadthanRedState]

01:14 PM on 08/11/2011

His new nickname is Slinky.

[ljc]

01:08 PM on 08/11/2011

Romney cannot handle the crowd...

Yikes- How Un-Presidential.

http://www.youtube.com/watch?v=eg1MnscddCs&feature=player_embedded

[Sweet Leaf]

02:14 PM on 08/11/2011

Definitely not an "every man"... he's not comfortable with the rowdy worker folk.

[shortleash]

02:21 PM on 08/11/2011

Neither is BHO it hasn't stopped him from running again.

[LittleOldLadyWho]

01:00 PM on 08/11/2011

"I believe . . . , I believe . . .

Hey guys, what day is it, and where are we again?"

Thanks, but no thanks Mitt!!

[irishradical]

12:55 PM on 08/11/2011

Oh you nit-pickers, consistency is the hobgoblin of little minds.. Mitt's thinking deep thoughts. He wants to be President so he can do to the whole country what he did to the workers of the companies Bain Capital bought up, fire as many as he can, ship the jobs overseas, and then ask for a government subsidy for his efforts.

[Sweet Leaf]

02:15 PM on 08/11/2011

Subsidize the Delegators!

[springsm]

02:21 PM on 08/11/2011

Wonder if the media will ever pick up the truth about this guy. Oh well...it was a thought.

[MosesDidItBest]

12:55 PM on 08/11/2011

There are so many GOP contenders, why not run all of them as the GOP nominee? Give the electorate a chance to pick and choose from a menu of right wing Evangelicals or potential televangelists like a smorgasbord menu at a cheap pancake house.

I'll have the GOP Flake du jour, merci beaucoup.

[The1AndOnly1]

12:46 PM on 08/11/2011

Romney just got heckled . Mitt and is hair got into a shouting match with some folks at the State Fair today.Poor guy he just can't catch a break.

[BetterDeadthanRedState]

01:19 PM on 08/11/2011

And if he thinks that's bad wait till he goes in to see the barnyard animals.

[springsm]

02:22 PM on 08/11/2011

Yes that seemed interesting...he really wasn't too able to charm his way out of that mess.

[genboomxer]

12:38 PM on 08/11/2011

Mitt's latest campaign promise: Whatever Harold McGraw wants, Harold McGraw gets.

Still waiting for the shoe to drop to see what game is afoot for S&P.

[Pod-gers]

12:26 PM on 08/11/2011

Lies in MA:

When you think of Mitt, think dishonest. His lies are the slickest, tho, and slip thru fingers like minnows. Think Romney Care, and know in mA there is a public option. Thanks, Mitt.

However, Mitt won the election because the Progressive Dems ran a candidate = to Martha Coakley, she critized Mitt for escuing the poor, then, during debate claimed that when she turned up a fund raisers that was her public service to the poor. Mitt, of course, had all those soup kitchen photo ops to brag on.

However, he ran on his promise to create good business environment and create jobs. Sorry, Mitt, you are a big fail for MA business. People moved out of MA then unemployment went down. LOL Mitt's great downsizing plan!

Mitt's philosophy is only income tax is a tax. He shifted tax burdon from a progressive tax system to regressive system....

http://en.wikipedia.org/wiki/Mitt_Romney

The cuts in state spending put added pressure on local property taxes; the share of town and city revenues coming from property taxes rose from 49 percent to 53 percent.[83][92] The combined state and local tax burden in Massachusetts increased during Romney's governorship but still was below the national average.[83] According to the Tax Foundation, that per capita burden was 9.8 percent in 2002 (below the national average of 10.3 percent), and 10.5 percent in 2006 (below the national average of 10.8 percent).[97]

[HHUA]

12:19 PM on 08/11/2011

What he really meant:

“When I was governor, S&P rewarded Massachusetts with a credit rating upgrade for our sound fiscal management and the underlying strength of our economy,” Romney boasted. “That didn’t happen by accident (it happened because we had the sense to implement a balanced budget approach including TAX INCREASES that IMPROVED our economy). The GOP's failure to put the nation’s fiscal and economic house BEFORE their rigid ideology (that prompted us to take our country hostage in an act of ECONOMIC TERRORISM) has caused a massive loss of confidence that resulted in an embarrassing downgrade.”

It's kind of hard for the President to "put our fiscal house in order" when the repubs have sworn an oath (to Grover Norquist) that is in direct CONFLICT OF INTEREST with the oath they have sworn to the American people. It is THIS oath (with the help of the "tea" for brains wing of the party) that has our President hamstrung and will DESTROY our country!!! But it doesn't help that our Pres. is not much of a negotiator and gives them far too much latitude. He should have taken the 14th amendment to raise the debt ceiling rather than negotiating with tearorrorists.

[BetterDeadthanRedState]

01:12 PM on 08/11/2011

Neah, he'd never say that, that might win him some votes, but it would make Boss Rush very angry.