Romney Attacks Obama for Not Cutting Debt Bush Amassed Read more:

[edcantor]

Source: Bloomberg

Mitt Romney, attacking President Barack Obama for the second consecutive day for swelling the federal debt, said the president has done "almost nothing to fix" the deficits amassed over eight years by former President George W. Bush.

...............

Romney's concerns about the debt have been shrugged off by financial markets, where Treasuries are rallying. Yields on the government's benchmark 10-year notes fell to 1.78 percent at noon New York time from this year's high of 2.40 percent almost two months ago, according to Bloomberg Bond Trader data. The yield is 11 basis points, or 0.11 percentage point, above the record low and the rates are about a quarter of the 50-year annual average of 6.49 percent.

Romney today played down the partisan nature of the deficit conflict at a time when U.S. House Speaker John Boehner, an Ohio Republican, is setting the stage for another showdown with Democrats over raising the debt ceiling. A prolonged stalemate last year between congressional Republicans and Obama over an increase led to a downgrade of the U.S.'s AAA credit rating by Standard & Poor's in early August.

Romney yesterday pointed to former President Bill Clinton as a model for Obama to more closely follow.




Read more: Read more: http://www.sfgate.com/cgi-bin/a

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Empty barrels make the most noise.



Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/05/16/bloomberg_articlesM42ZVT1A74E801-M44UD.DTL#ixzz1v4Xdo8ds

[DCKit]

1. Unqualified for the pResidency.

Every time he says "Obama", he means "Boehner".

That he doesn't know the difference makes him too ignorant to occupy the WH.

[goclark]

3. Whatever he says doesn't seem to bother

his Troops.

I have been thinking about what country I will move to if he gets elected

[AlbertCat]

2. pointed to former President Bill Clinton as a model for Obama to more closely follow.

Right.

He wants Obama to let the Bush tax cuts expire and make corporations pay a mandatory minimum tax.

[CBHagman]

12. Notice how the GOP praises Democrats who are either no longer in office and/or dead?

This week PBS was running the documentary on the Clinton presidency, a timely reminder of how the Republicans acted when the man was actually in the Oval Office.

[stubtoe]

4. At least he admitted Bush ran up the debt.

No other Repub has even mentioned it, afaik.

[libinnyandia]

9. there was a good bit on Al Sharpton's show today. Romney keeps referring to Bush as

Obama"s predecessor, not once using Bush"s name. I wonder why.

[truthisfreedom]

5. He can't downsize, offshore, outsource, or raid

America, so none of the things he knows how to do will be of any use to him.

[aggiesal]

6. The irony in RMoney's remarks are that ...

if Obama were to fix the Bush mess, he would have to raise
RMoney's taxes. And RMoney has already said that he would
make permanent the Bush Tax cuts for the RMoney crowd.

Can you spell H-y-p-o-c-r-i-s-y ?

[itssimplestupid]

7. They All F-ing Do It

Republicans always cry about the debt like Obama came into office with a balanced budget and all the debt is his fault. What would the debt be without the stimulus and if we went into another great depression? Gazillions?

Republican zombies can't count to more than ten fingers.

[ladjf]

8. Romney is an intellectual fly weight. Nothing he says is ever worth listening to. He just mouths

anything that appears to him as a vote getter.

[SemperEadem]

10. he means Obama didn't turn enough people out to shift for themselves

by cutting all social nets and giving all tax breaks to the wealthy.

shut the fuck up, mittiot.

[Pakid]

11. Now that funny since it seems that in the last week or so

Mitt was going to bring back all of Bush's great ideas. Well I guess you can't except Mitt to remember what he say from one day to the next after all the Etch A Sketch erase's pretty darn easy

[Rosa Luxemburg]

13. voters should be reminded that it was Bush's debt

and the Republican congress

[Dawson Leery]

14. Romney (Dubya 2.0) will run the debt and deficit even further than shrub did.