Memo To Obama/Biden Democrats: “Profit” Is Not A Four-Letter Word But “Loss” And “Debt” Are

October 17, 2012 3:14 pm 1 comment

My 08/19/2012 Patriot Statesman article, Obama’s Presidential Campaign Playbookstated in part:

Although I’m not privileged to have access to Obama’s presidential campaign playbook, many plays called by the Obama campaign are rather obvious.

Chapter I – Defending the President’s record while attacking the Republican nominee.

  • Obscure Obama’s actual record as President.
  • When impossible to obscure, spin Obama’s record to present his failed initiatives and policies as significant accomplishments.
  • Attack Romney with false accusations.
    • After they are discredited by the Washington Post and Annenberg Foundation, repeat the accusations in order to solidify them in voters’ minds.

The Obama Campaign’s use of the above plays were exposed by a group in Ottawa County, Michigan who accepted the task of informing residents about Romney’s real record at Bain Capital while comparing it to Obama’s real record in the White House.

Ottawa County Patriots created a billboard that compares the records of the two presidential candidates.

Romney’s Bain Capital invested PRIVATE money in:

  • AMC Entertainment
  • Burger King
  • Burlington Coat Factory
  • Clear Channel Communications
  • Dominos Pizza
  • Dunk n’ Donuts
  • Guitar Center
  • The Sports Authority
  • Staples
  • Toys Я Us
  • Warner Music Group”

Obama invested TAXPAYER money in:

  • Solyndra – BANKRUPT
  • Ener 1 – BANKRUPT
  • Beacon Power – BANKRUPT
  • Abound Solar – BANKRUPT
  • Amonix Solar – BANKRUPT
  • Spectra Watt – BANKRUPT
  • Eastern Energy – BANKRUPT

All of these companies were Obama campaign contributors.  http://lastresistance.com/253/romneys-free-market-vs-obamas-socialism/

Economics 101:

  • Companies that provide goods and/or services — at reasonable prices, control costs and are attuned to their customers’ needs – earn profits and distribute those profits to their owners whether individual, partners or corporations.
  • Government financed or managed companies provide goods and/or services based on political considerations rather than market–driven forces.  Without continued government subsides, such companies often operate at a loss; some go bankrupt and taxpayer investment losses add to the U.S. national debt.

QED

Note: QED is an abbreviation of the Latin phrase “quod erat demonstrandum”. It literally translates as “which was to be demonstrated”, and is a formal way of ending a mathematical, logical or physical proof.  Its purpose is to alert the reader that the immediately previous statement, which naturally was arrived at by

1 Comment

  • I don’t agree with 100% of Romney’s past statements, but this election is entirely about the US economy. There is only one obvious choice in this election – Gov. Romney has made a very successful career out of saving businesses that were in terrible financial trouble, and he’ll apply that knowledge to our economy when elected. Obama is in over his head, has never any private sector experience running a company, and only knows how to be a big tax and spend politician.

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