If it’s not worth borrowing from China to pay for, Governor Mitt Romney says it’s got to go! That includes Big Bird and the rest of the Sesame Street gang.
I’m sorry Jim,” Romney tells debate moderator Jim Lehrer. “I’m going to the stop the subsidy to PBS. I’m going to stop other things. I like PBS. I love Big Bird. I actually like you, too. But I’m not going to keep on spending money on things to borrow money from China to pay for it.”
OOP! He said the hell out of that. No tea no shade … Jim Lehrer needs to go. He did a horrible job as moderator last night.
After the debate CNN scored a quick word with the next debate host Candy Crowley., host of CNN’s show ‘State of the Union.’ She defended Lehrer’s lack of control over the debators basically saying ‘at a crucial time like this I’m sure Americans would much hear more talking from the candidates than the moderator.’ I agree … I guess.
In the 38 minutes total talk time Governor Romney clocked against President Barack Obama, ThinkProgress.org found “27 Myths” in Romney’s mind that need correcting. Here’s a few:
“What we do have right now is a setting where I’d like to bring money from overseas back to this country.” Romney’s plan to shift the country to a territorial tax system would allow corporations to do business and make profits overseas without ever being taxed on it in the United States. This encourages American companies to invest abroad and could cost the country up to 800,000 jobs.
“I saw a study that came out today that said you’re going to raise taxes by $3,000 to $4,000 on middle-income families.” Romney is pointing to this study from the American Enterprise Institute. It actually found that rather than raise taxes to pay down the debt, the Obama administration’s policies — those contained directly in his budget — would reduce the share of taxes that go toward servicing the debt by $1,289.89 per taxpayer in the $100,000 to $200,000 range.
“I wouldn’t designate five banks as too big to fail and give them a blank check. That’s one of the unintended consequences of Dodd-Frank… We need to get rid of that provision because it’s killing regional and small banks. They’re getting hurt.” The law merely says that the biggest, systemically risky banks need to abide by more stringent regulations. If those banks fail, they will be unwound by a new process in the Dodd-Frank law that protects taxpayers from having to pony up for a bailout.
See the full list of “27 Myths In 38 Minutes” by clicking here.