Author: Parker V

VIDEOS: Romney releases 15 new ads for 8 swing states

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These fifteen new TV ads will run in eight states:

Would Paul Ryan break up the big banks?

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Via the Washington Post:

This implicit support of the Volcker rule— a key feature of the Dodd-Frank financial reform law that prohibits banks from making speculative bets for their own profits—is unlikely to sit well with the likes of JPMorgan Chase and Citigroup. Neither company would comment for this article.

Ryan reiterated his distaste for mega banks in a July interview on CNBC regarding former Citigroup chairman Sandy Weil’s support of breaking up big banks. The congressman, who voted against Dodd-Frank, said the law “will consolidate the system to very large interconnected firms that have political connections.”
He called for replacing the law with a regulatory system that includes greater transparency and “does not put the government in the way of adding more moral hazards to the marketplace and triggering higher likelihood of taxpayer bailouts.”

American Bankers Association chief executive Frank Keating said he hopes Ryan will keep an open mind about financial reform. Keating is encouraged by Ryan’s understanding of “the fiscal cliff, the great fear of national insolvency…the very real challenges facing the American economy.”

First SomethingAwful, now Newsmax: Sites mistaking Romney fan site for Candidates official page

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Previously it was SomethingAwful.com and now the conservative magazine Newsmax has made the same error of referring to WhyRomney.com as Mitt Romney’s official site when it is actually an archive of information and arguments by supporters having no coordination with the Romney campaign.

The Newsmax article, written by Henry J. Ruske, does not link to WhyRomney.com but quotes from it’s amnesty section, which says in regards to the McCain-Kennedy bill of 2005 that Mitt Romney “explicitly refused to endorse it.” Newsmax takes this quote from WhyRomney.com and mistakenly attributes it to Mitt Romney himself:

The Post also noted that Romney, in a November 2005 interview with the Boston Globe, appeared to support immigration reform advanced by Sen. John McCain that many have dubbed amnesty. Romney rejects that characterization and while noting on a campaign website that he said provisions in the bill were “reasonable” added that he “explicitly refused to endorse it.”

Mitt Romney’s actual campaign website does not have a format for responding to critics. For reference, view the official Mitt Romney immigration page here.

 

Romney Presidency: Day One

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What will a Romney Presidency be like?

Day one:

“President Romney immediately approves the Keystone pipeline, creating thousands of jobs that Obama blocked.”
“President Romney introduces tax cuts and reforms that will reward job creators, not punish them.”
“President Romney issues order to begin replacing Obamacare with commonsense health care reform.”

That’s what a Romney Presidency will be like.