General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOccupy New Hampshire Protester Takes Romney to Task for Declaring "Corporations Are People"
(excerpt)
MITT ROMNEY: OK, not lets get to facts, all right? There are two places they can go. Hold on. Its my turn. Youve had your turn. Now its my turn, all right? First of all, youre right it goes to dividends, all right, which is to the owners. But theyre not the 1 percent. All right? Theyre not only the 1 percent. Im sure, among the dividends, go to the 1 percent, but also go to the people who have pensions. All right? Theres a guy. You dontare you in the 1 percent? No. Hes got dividends and retirement plans, 401(k)s. Theyre filled of the dividends that come out from corporations. Thats number one.
Number two, you are right, they can go into retained earnings, which then can be used for capital expenditures or growing the business or hiring people or working capital. When a business has profit, it can do good things: give it to the shareholders and grow the enterprise. And by the way, the only way it can hire people is if it grows the enterprise.
Now, corporations, theyre made up of people, and then, of course, the buildings that people work in. The buildings dont pay taxes. The only people thatthe only entities that pay taxes are people. And so, corporations are collections of people that are trying to have good jobs for themselves and promote the future. And so, corporations are made up of people, and the money goes to people, either to hire people or to pay shareholders. And so, theyre made up of people. So, somehow thinking that theres something else out there that we could just grab money from and get taxes from, and everything could be better, that doesnt involve people, well, theyre still people. And what I want to do is make America a place where those corporations that have that money decide to invest here.
http://www.democracynow.org/2012/1/5/occupy_new_hampshire_protester_takes_romney
I don't see how these statements answer the question...
gratuitous
(82,849 posts)What in the blue hell is Romney talking about? Let us know if he ever gets to the facts, whatever he thinks they might be.
Fire Walk With Me
(38,893 posts)because my head is spinning as well.
qb
(5,924 posts)randome
(34,845 posts)Just went on and on and on on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and on and...
SpiralHawk
(32,944 posts)but it probably boils down to: \"Shut up, bend over and meekly submit, like the Freepers and Baggers, and the other Suckers. Sneer.\"
Uncle Joe
(58,458 posts)that's why the corporate media loves him so.
His statement never did answer the question, because he wanted to obfuscate the issue instead and that's all his answer was intended to do.
Thanks for the thread, KansDem.