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Monday, October 01, 2012

Mitt Romney's very bad month of September



Another month has gone by in the Presidential election and the bad news just keeps coming. Mitt Romney’s month of September has gotten really bad to be called “Mitt Romney’s very bad month of September”. How bad does it get?

After the Republican National convention in late August, Mitt Romney delivered a lackluster speech that provided no boost to his sagging poll numbers. At least he didn’t make some clueless rich man gaffe, but being an underdog in the race, Mitt desperately needed a boost. He didn’t deliver, as his speech was widely regarded as bland, unemotional, and faulty. On the other hand, Obama and the Democrats delivered fiery speeches and saw both Obama’s and the Democrats running in the congressional races ratings increase.

Mitt keeps making false and misinformed statements to his and the Republicans’ loss. On September 11, U.S. diplomatic missions in Libya and Egypt were attacked and a few Americans killed. Mitt sought to gain a political advantage by attacking Obama with this statement, “It’s disgraceful that the Obama administration’s first response was not to condemn attacks on our diplomatic missions, but to sympathize with those who waged the attacks.” The statement was quickly dismantled and backfired as Mitt sunk in the polls.

Perhaps his worst downfall was when a secret video recording of Mitt Romney during a $50,000 per person private fundraiser was leaked to Mother Jones magazine, then the internet. Romney bashed on 47 percent of American voters who supposedly pay no taxes and will never vote for him. Once again his statement was quickly dismantled as the 47 percent figure was falsely constructed by the right-wing media like Fox News, the 47 percent contains Republicans and likely more Republicans than Democrats, and Mitt Romney may himself be in the 47 percent as he may not have paid any income taxes and has not released his tax records before 2010 to quell his critics. One thing for sure about Romney’s taxes is that he is certainly underpaying his share at below a 15 percent tax rate, thus passing the tax revenue deficit to millions of middle class Americans who typically pay between a 20 to 30 percent tax rate. And speaking of relying on government handouts, the Romney’s sure save millions in tax deductions funded by the government.

The Romney’s finally released their full 2011 tax return, a whooping 379 pages of shady accounting and taking advantage of every unscrupulous tax loophole out there. Their tax rate for 2011 was supposed to be 10.55 percent, but through some accounting manipulation, the Romney’s only deducted about half of their $4 million charitable deductions to bring their tax rate to 14.1 percent. This was done to fit Mitt’s public statement last month that he paid at least a 13 percent tax rate every year. So he lied again and still won’t release any tax returns before 2010. Looks like Harry Reid’s accusation of the Romney’s paying no taxes is still alive and valid. Once again, the public grows distrustful of Mitt and his poll numbers sink.

Lies, flip flops, and gaffes continue to plague Mitt Romney, and it is having a coattail effect on the Republicans running in Congressional races. Last month the GOP was looking to gain 2 to 5 Senate seats; now the Democrats have caught up and there is no GOP gain projected in the Senate. Democrats are looking to gain a few more seats in the House since last month. Even Republicans running in Congressional races are distancing themselves from Mitt Romney for their own survival.

The Obama camp has raised more money than the Romney camp in September. The Obama camp is in good financial shape while the Romney camp is already facing campaign debts in the millions. Romney has fallen so far behind in the polls that GOP contributors have gotten wary and some have stopped donating to a lost cause.

There’s only one month left until the elections. There are three Presidential debates and one Vice Presidential debate in October. Mitt Romney is well known to be a bad speaker and an even worse debater, so the debates will not help him out. I can go on and on, but there is no need to spend precious time on a lost cause. It time for the GOP to prepare for their losses and massive campaign debts in the hundreds of millions of dollars.

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