Appeal to Ohio: Vote Mitt to fix the economy


Here is my response to the Cleveland Plain Dealer BO endorsement.  My comments are in bold italic.

The Plain Dealer: Obama

[President Obama] has led the nation back from the brink of depression.

NO – BO taught community organizers to protest on Bank CEO lawns demanding toxic mortgage loans – BO thus had major role in root cause Great Recession

Ohio in particular has benefited from his bold decision to revive the domestic auto industry.

No – normal bankruptcy would have eliminated excessive cost structure which was root causes of GM decline.  Instead unions were rewarded, bond holders clobbered, non union Delphi eliminated, core costs remain high.  Look for another bankruptcy proceeding in 2 years


Because of his determination to fulfill a decades-old dream of Democrats, 30 million more Americans will soon have health insurance.

No – with lot more paperwork and regulations Doctors are leaving.  Decrease supply with same or increasing demand and costs increase.  Root cause of health care increasing costs are inability to choose insurance across states and also no tort reform.  Doctors prescribe many tests just to cover themselves against potential legal costs

His Race to the Top initiative seeded many of the education reforms embodied in Cleveland’s Transformation Plan.

Education is a local issues.  Fed Gov get out.  Stop wasting tax payer $ on education initiatives.

He ended the war in Iraq and refocused the battle to disrupt al-Qaida and its terrorist allies.

He botched agreement to keep US forces there to support the feeble corrupt Gov.  al_Qaida influence has been increasing.  Total failure by BO.

He ordered the risky attack inside Pakistan that killed Osama bin Laden.

This is a no brainer.  Thank Bush tough interrogation policies.

All politicians change positions over time — Obama in 2008 shifted his position on health care reform more to the center. But Romney’s frequent changes raise questions about his core principles and make his lack of policy details all the more troubling. They make you wonder if he would stand up to the more extreme elements in his own party, especially to the House Republicans who undercut Ohioan John Boehner’s attempts to negotiate a deficit and debt deal.

Romney has been always consistent on the economy – champions the private economy and free market capitalism which made the US the greatest economic world power.  BO policy at a minimum is to totally control capitalism.  As a disciple of Marxist variant Saul Alinsky BO real agenda may be to totally destroy capitalism and set up an Alinksy variant Marxist economy..

Romney’s tendency to bluster on foreign policy provides more cause for doubt. With tens of thousands of young Americans still in harm’s way in Afghanistan, the United States cannot afford to be drawn into new wars without clear national interests at stake or to sap its resources in further open-ended conflicts.

This is a media myth.  Romney supports Afghanistan withdrawal.

The Benghazi killings reveal the risks of an “Arab Spring” in which terrorists have gained new weaponry and new freedom to operate. But these challenges require inventive diplomacy and international engagement, not slogans or swagger.

BO obvious lies about Benghazi is impeachable offense.  Clear common sense is that he lied to protect his campaign.  A fake video was cause of the riot.  A clear lie for political advantage.  10 times more serious than Watergate coverup.  No one died in Watergate.


Vote out the most anti business President and who could really be an Alinsky variant Marxists.  Vote in a most successful business man Mitt who will fix our economy.

 Twitter @Economics501


About economics501

1 - free market Capitalist; 2 - Fitness Entrepreneur; 56 years old, VP at an Investment Bank in NYC, ex Venture Capitalist, happily married with 2 girls. Education: Rutgers and NYU. I allow Ted Hruzd, my friend to blog at will here. He has many posts here. I have known Ted since we were both students at NYU. Ted also works for an Investment Bank as a VP in Equity Global Markets. ------------------------- I was very very Socialist leaning as a 22 year old. I then strongly believed in Gov role in helping the poor. However, as a USDA Child Nutrition Programs, I personally accounted for millions of fraud, abuse, and waste of tax payer money. I came to believe that the poor would be best served with less Gov programs and more with direct aid via tax system. Then after 5 years I became a free market capitalist, was a venture capitalist in 2007 and helped start 2 high tech companies. I dedicate this site to champion free market capitalism as the best road to Prosperity. Please join in. If you disagree, fine, but please post with dignity and class and be civil. Argue with facts always.
This entry was posted in Politics-National and tagged , , , , , , . Bookmark the permalink.

2 Responses to Appeal to Ohio: Vote Mitt to fix the economy

  1. Jeffrey Andrews says:

    Thank God Ohio did not listen to you!

    • economics501 says:

      Jeffrey – I hope I am wrong about Obama. I hope and pray that he will open up and embrace policies that will genuinely strengthen our economy. That would mean a much greater appreciation of free market capitalism. On the other hand, if in within a few years we find ourselves in a transition from social welfare democracy to greater command/control as in the latter stages of Marxism, I will accept that and do my best to make it work. I extensively studied Marxism in college and have followed its progression in theory and practice ever since over past few decades. It would be hard but possible for Marxism to work. One way would be for citizenry to demand that the “Guardians of the Proletariat’ do not become the New 1% and limit our freedoms and creativity. That is against a core Marxist principle. Marxism has never been implemented successfully as Marx envisioned. That said I believe Obama is a Saul Alinsky variant of Marxism. Maybe Obama will have a variant of the Alinsky model. Time will tell. Keep watch.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s