Questions I’d Like to See Tonight
- Posted by Jeff Carter
- on October 16th, 2012
For Obama(remember, he has a record):
Why hasn’t the Department of Justice done anything about Jon Corzine? Why isn’t he in jail, or charged with fraud? Will you pardon him?
Why hasn’t the Department of Justice come clean on the guns it distributed in Mexico that wound up killing Americans?
Why the blatant cover up of the Libyan fiasco? Hillary falling on the sword for you last night doesn’t change the facts. As a matter of fact, it may provide a large opening for Romney.
Why did you pursue Obamacare when clearly it wasn’t bipartisan? You had pledged to be a bipartisan President.
You pledged to halve the deficit. Why have you increased government spending to its greatest spending/GDP ratio since WW2 and have projected deficits larger than any American administration in US History?

Why are you pushing the largest tax increase in US history when we know increasing taxes slows economic growth?
Entitlements make up the largest percentage of the federal budget by far. How are you going to reform entitlements so we spend less on them?
How are you going to solve the government pension bubble?
If a state like California, Illinois or New York goes bankrupt, will you bail them out?
Will you support Israel with US military assets if they think military action is necessary in Iran?
How are you going to ensure our national security? Even at foreign embassies after the Benghazi bungle?
What are you going to do to inspire average Americans to put money in the stock market again?
What are you going to do about the money supply the Federal Reserve has created? How are you going to ensure we don’t have rampant inflation in the near future? What is your GDP growth target for the next four years?

US Real GDP Growth data by YCharts
Some Questions for Mitt Romney:
You say you will repeal Obamacare. Can you give us some idea of a plan that you would put in place to replace it? If it’s Romneycare like they have in Massachusetts, why is that any different? It has been proven to increase, not lower costs
Further, how will your plan drive down prices, and increase the amount of care for Americans?
Will you allow interstate competition when it comes to health insurance?
You have said you will decrease taxes and close loopholes. What loopholes are you looking at closing?
You have said government shouldn’t invest in winners and losers, thus preventing Obama scandals like Solyndra. You have also said you are for more coal, more oil, more natural gas, more nuclear. How are you going to do that, and make sure they don’t pollute the environment?
Entitlements make up the largest percentage of the federal budget by far. How are you going to reform entitlements so we spend less on them?
How are you going to solve the government pension bubble?
If a state like California, Illinois or New York goes bankrupt, will you bail them out?
Will you support Israel with US military assets if they think military action is necessary in Iran?
You have said you will cut government spending, yet you say you won’t cut military spending. Why won’t you cut military spending? What parts of government spending would you actually cut? Or are you just not letting the future spending rise by as much as budgeted, so it’s a fake cut?
How are you going to get the troops home from the Middle East, and ensure our security without them there?
What are you going to do about the money supply the Federal Reserve has created? How are you going to ensure we don’t have rampant inflation in the near future? What is your GDP growth target for the next four years? Why will GDP growth be any different than GDP growth under Obama?
What are you going to do to inspire avaerage Americans to put money in the stock market again?
Do you believe government spending has a greater than 1:1 multiplier effect on the economic output of the US?
I really think that’s what most of America is concerned about. They aren’t concerned about gay marriage, abortion, or ticky tacky social issues. They are concerned about the economy, getting a job, future inflation, and if we are going to have endless wars in Arab countries with extremists that want to see us eliminated off the face of the earth.
I also think these mano et mano debates ought to be done like the Lincoln-Douglas debates. No moderator. Have one topic, have opening statements and then let the two guys go at it. Moderators can’t help themselves because they are human. They have built in biases.
Unfortunately in this debate, there will be a lot of rope a dope. Obama will open on the attack and his supporters will get excited. I wouldn’t bet on him doing better/worse than Romney. My gut tells me that because of Obama’s personality and demeanor, he will come off as professorial. Sort of a boring talking point power point lecture type quality. Further, I suspect Romney will hang to his own talking points. But I think Romney will appear better because he has had to do this sort of thing thousands of times in board rooms, factories, and in front of investors and partners. When you are in that situation, you are selling, not lecturing. That’s going to be the difference.
Obama can’t sell. He doesn’t know how to close a deal. Romney can do that in his sleep.
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Thanks for the link Real Clear Politics.
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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Jeffrey Carter is an angel investor and independent trader. He specializes in turning concepts into profits. He co-founded Hyde Park Angels one of the most active angel groups in the United States in April of 2007. He previously served on the Chicago Mercantile Exchange Board of Directors. He has done market commentary for (More...) -
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