Krugman: "Romney is in very serious trouble"

[kpete]

Plutocrats on Parade

Robin Wells has a very good essay on the Romney phenomenon in the Guardian. After all the whining over “class warfare”, the GOP has more or less forced an election that really is about the very rich versus everyone else — and the Romney supporters are so insulated by their wealth that they can’t even see the problem.

I would just chime in that I agree with Robin that Romney is in very serious trouble.

Think of the pattern that’s accumulating: the obfuscation over the Bain record on jobs, outsourcing, and all that, the mysterious offshore accounts (and the magical $100 million IRA), the stonewalling on past tax records, and now his insistence that he was no longer working at a company that continued to list him as CEO and pay him lots of money. ...

This could be famous last words, but it looks to me as if Romney is in the process of getting defined — and his party won’t like the results.

much more!:
http://krugman.blogs.nytimes.com/2012/07/12/plutocrats-on-parade/

*******************



AND for good measure, wait till this gets out. Remember the "nail ladies"?

So I was curious: what do “nails ladies” earn? The answer, according to the BLS Occupational Employment Statistics, is that in 2010 the mean annual wage of Manicurists and Pedicurists(395092) was $21,760.

Among other things, this means that nails ladies probably face a higher marginal effective tax rate than Romney donors.

http://krugman.blogs.nytimes.com/2012/07/12/nails-ladies/

http://www.americablog.com/2012/07/krugman-romney-is-in-very-serious.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Americablog+%28AMERICAblog%29

[kestrel91316]

1. bad link

[kpete]

2. fixed?

peace, kp

[Baitball Blogger]

3. That's music to my ears!

The Good News: I hope the GOP realizes that it's hopeless and don't blast us with negative Obama ads.

The Bad News: If they don't do it, they start out with a good coffer for the next election.

[unblock]

4. yup, that's the big story. he's not gonna lose the nomination, he's not going to jail, etc.

but he IS getting defined not just as a super-rich guy, but as a guy who does things only the super-rich do, who has problems only the super-rich do, and who gets out of them the way only the super-rich do.

the obama campaign is working this brilliantly. just keep putting in positions where he has to explain his wealth all the time.

[NNN0LHI]

5. This is a political problem of biblical proportion's

[longship]

6. Here's the Guardian article link

Mitt Romney's offer of government of billionaires, for billionaires, by billionaires
By Robin Wells 12 Jul 2012

Mitt Romney's offer of government of billionaires, for billionaires, by billionaires

In the Romney candidacy, the Republican party has found the apotheosis of the fact that it now represents solely the super-rich.

<snip>

Well, at this point, you might of think that the next sighting of Romney would be of him clothed in ash-cloth ladling out soup at an inner-city soup kitchen. But no. Next, we were regaled with the New York Times story of a lavish fundraiser in the Hamptons hosted by the infamous David Koch, the billionaire benefactor of conservative causes. The optics were worse than bad, as the the Times recounted how one woman in a Range Rover, idling in a 30-deep line of cars waiting for entry, yelled to a Romney aide, "Is there a VIP entrance? We are VIP."

<snip>

How else can one explain the allegiance of the Republican party to the profoundly unpopular Ryan tax plan, which would eviscerate Medicare and Medicaid while delivering more tax cuts to the rich? What is the future of a party in a democracy when the powers-that-be can no longer even understand, much less address, the welfare of the vast majority of its citizens?

Taking the hint, the Obama administration is finally positioning itself on the firmly on the side of progressives, attacking income inequality and holding Republicans accountable for their assaults on the middle and working classes. How ironic it would be if, after all, the other side's big money is the answer to the Democrats' prayers.

The whole article is well worth a click-through.

[evilhime]

7. My question to you all is

Is it possible that Willard will be forced to early abdicate and go with an open convention with a candidate that might have more of a chance? This is some heavy dirt early, and production of his records I think will dig the hole much deeper . . .not to mention no one likes him, even his own kind!

[moondust]

12. I think it's possible.

Others seem to think not.

Romney is the only candidate with enough delegates to win the Republican nomination; however, Republicans have been known to change the rules when they want to.

In the past I even wondered if their strategy was to put up a fake candidate to take all the heat until the convention and then pick somebody else to actually run.

[progressivebydesign]

16. Don't think so. I think he is counting on the billion promised on his behalf by the Koch Bros..

to attack the President before November. Literally they will spend one billion to attack Obama. So Rmoney's insistence that Obama's campaign apologize for being mean, is the most ludicrous thing I've read in years.

[sandyshoes17]

23. I do think it's possible

The Koch's and all the other big money don't want to put all there money on a loser, and even with all the money and ads, Romney still looks bad. Who knows?

[Eddie Haskell]

8. Careful what you wish for ...

Jeb

[Raster]

10. Too soon. Jeb hasn't gone through enough rehabilitation and sanitization.

Jeb in 2016. Rmoney is just the throw-away opening act.

[MADem]

24. Concur. Even the Bush family acknowledges the problem of Bush fatigue. nt

[NNN0LHI]

17. Do you think the country might be ready for another Bush this soon?

[Eddie Haskell]

21. Half of it ...

Just to piss the other half off.

[Cracklin Charlie]

9. good post!

You know, I'm terrible at such things; but, a list of everyone that pays a higher tax rate than rmoney might make a good graphic illustration type thingy.

[Brooklyn Dame]

11. Couldn't happen to a "nicer" guy...

Mitt and his party lost their collective minds when they forgot about the "public" part of "Republican." They've gone from simply being conservative to viciously mean-spirited at a time when the nation needs to be cobbled back together from the financial and social ruins they've caused.

http://borderlessnewsandviews.com/2012/06/republicans-mainlining-on-viciousness/

[Johonny]

13. Romney MO is the more voters get to know him the worst he performs

Team Obama knew he was a great person to run against. It puts in perspective just how crumby the "other" GOP choices were that the media just couldn't get enough of.

[NNN0LHI]

14. kick

[progressivebydesign]

15. Seriously... 100 million dollar IRA? IS that possible?n/t

[Amonester]

19. Is anything financially impossible for the 0.00000001 percenteR$?

I thought they can do anything they want anytime they want.

Lie, cheat, steal, nothing gets in their way.

[Ruby the Liberal]

22. Sure. A 457 Deferred Comp plan rolled over.

[Tarheel_Dem]

18. K&R

[Warren DeMontague]

20. Krugman is usually right, so its nice to hear good news from him.