News Busted Jan 24, 2012

[Christians4LessGvt]

http://www.youtube.com/watch?v=QRhjDzlrw9s&feature=player_embedded#!

[sirs]

 

[Christians4LessGvt]

New Obama OMB director a Bain alum

Jeffrey Zients will serve as President Obama's new acting director of the Office of Management and Budget (OMB), but the president's decision might undercut attacks on Republican Mitt Romney's career as a venture capitalist, because Zients and Romney are both alumni of Bain & Company.

"I'm pleased to designate Jeff Zients to lead the Office of Management and Budget. Since day one, Jeff has demonstrated superb judgment and has provided sound advice on a whole host of issues," Obama said in a statement accompanying the announcement today. Zients previously served as Deputy Director of OMB under Jack Lew, who became Obama's chief of staff with the departure of Bill Daley.

Republican presidential candidate Mitt Romney might also be pleased at Zients' promotion, given that they have a common professional background; Zients worked with Bain & Company as early as 1988, according to the Bain website.  Romney worked at Bain & Company, first from 1977-1984, and then again from 1991 and 1992, when he was the Bain & Company chief executive officer.

The Bain name has become politically-charged recently with the rise of Mitt Romney -- not for his work as a Bain & Company executive, but rather his career at Bain Capital. Romney helped found Bain Capital with his Bain and Company colleagues in 1984, and he led the firm until 1990.

Bain & Company says that Zients worked there from August 1988 to June 1990. Romney apparently returned to Bain & Company from Bain Capital in January 1991, so they missed each other by six months.

President Obama's top campaign strategist, David Axelrod, criticized Romney for having a "Bain mentality," just as some of Romney's Republican presidential election rivals have blamed him for layoffs that took place at companies that Bain Capital financed.

The White House emphasized Zients' "twenty years as a CEO, management consultant, and entrepreneur" when announcing his promotion, but did not mention that  Zients' used to work with Bain & Company.

http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/new-obama-omb-director-bain-alum/317976

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It's going to be staggering to consider how many ignorant folks are going to get caught up on how much somebody makes as some sort of disqualifer to being president.  Didn't John Kerry recently make a go at it??  Was it an issue of the MSM and Democrats at that time??

I really do hope though, that the left tries to play up the supposed "unfairness" in how "little" Romney pays in taxes, so that the education of the electorate can be applied all across the country on just how much Romney has been taxed prior.  He didn't just stumble across his millions.  His income was taxed at a higher rate than you or I.  He was required to pay corporate taxes, and now his dividends are also taxed.  He's payed FAR MORE in taxes, both in amount, and more importantly, in percentage, than the 99% folk

Add to that the millions he GIVES to charities.  How much has Obama given??  How much as Biden??

Mitt has spent FAR more time and is "connected" to the common man, than our current WH occupant.  Just because he makes more money, doesn't negate that fact

[Christians4LessGvt]

How much has Obama given??  How much has Biden?

Candidate Romney more generous than Obama, Biden

by Charlie Spiering - Staff Writer

Jan 24, 2012

Mitt Romney's 2010 tax return was released today, revealing made $2.98 million in charitable donations,
out of his adjusted gross income of $21.6 million. That comes to about 14 percent of his adjusted gross
income for the year.

Compare that to when Obama first ran for president in 2008. He released his 2006 tax return, which
showed $60,307 in charitable donations out of an adjusted gross income of $983,826.

That comes to 6.1 percent of his gross adjusted income two years before he ran for president.

Obama is overwhelmingly generous compared to Vice President Joe Biden's charitable donations in 2006.

According to Biden's 2006 tax return, the couple gave $380 dollars to charity out of his $248,459 adjusted
gross income; a percentage of 0.15.
 
As President, Obama has raised his charitable giving considerably. In 2010, the Obamas donated $245,075
to charities, or 14.2 percent of their adjusted gross income of $1.7 million.

The Bidens, however, gave 1.4 percent of their adjusted gross income to charity in 2010.

http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/candidate-romney-more-generous-obama-biden/334331

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