Let the Class Warfare Begin
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Let the Class Warfare Begin
Posted by Francis Marion on 4/25 at 7:13 pm


Maybe we can ask Michelle about her 400K no show job?



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Posted by DownshiftAndFloorIt on 4/25 at 7:16 pm to Francis Marion
Not easy years, yet neither had a job...

Not knockin em for it, but damn they are clueless.



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Posted by Choctaw on 4/25 at 7:16 pm to Francis Marion
quote:

Maybe we can ask Michelle about her 400K no show job?



cut them some slack...they needed to pay off those student loans



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Posted by magildachunks on 4/25 at 7:18 pm to DownshiftAndFloorIt
Can't believe Romney is the best the GOP can do.


That party may have worse people in it than the Dems. and that's just pathetic.



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Posted by HailHailtoMichigan! on 4/25 at 7:18 pm to Francis Marion
I ask again: Why does someone's wealth matter at all? Wealth is the measure of man's capacity to achieve.


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Posted by Politiceaux on 4/25 at 7:19 pm to Francis Marion
This from the folks who still idolize the Kennedys and FDR, and who loved to love John Kerry a short while back?


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Posted by Francis Marion on 4/25 at 7:20 pm to Politiceaux
quote:

This from the folks who still idolize the Kennedys and FDR, and who loved to love John Kerry a short while back?


don't forget the Rockefellers



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Posted by DownshiftAndFloorIt on 4/25 at 7:20 pm to magildachunks
quote:

Can't believe Romney is the best the GOP can do.


Me either, but he's what they got.

I don't expect a presidential candidate to be a 3 job while going to school and paying his parent's light bill kinda guy. Glad for them that they got to get a good stress-free education. Just hope he doesn't start bragging about the rough times he survived in college.



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Posted by coloradoBengal on 4/25 at 7:22 pm to DownshiftAndFloorIt
quote:

Not easy years, yet neither had a job...

Not knockin em for it, but damn they are clueless.


There are kinds of difficulty other than financial. I would bet a paycheck that quote is not in proper context.



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Posted by MFn GIMP on 4/25 at 7:23 pm to DownshiftAndFloorIt
quote:

Not easy years, yet neither had a job...


You have no idea how much they were living on when they were selling chunks of Romney's investments. It could've been minimum-wageesque for all we know.

ETA: Found the full quote and yea it is taken out of context horribly.

quote:

They were not easy years. You have to understand, I was raised in a lovely neighborhood, as was Mitt, and at BYU, we moved into a $62-a-month basement apartment with a cement floor and lived there two years as students with no income. It was tiny. And I didn’t have money to carpet the floor. But you can get remnants, samples, so I glued them together, all different colors. It looked awful, but it was carpeting.
We were happy, studying hard. Neither one of us had a job, because Mitt had enough of an investment from stock that we could sell off a little at a time. The stock came from Mitt’s father. When he took over American Motors, the stock was worth nothing. But he invested Mitt’s birthday money year to year—it wasn’t much, a few thousand, but he put it into American Motors because he believed in himself. Five years later, stock that had been $6 a share was $96 and Mitt cashed it so we could live and pay for education.
Mitt and I walked to class together, shared housekeeping, had a lot of pasta and tuna fish and learned hard lessons.


Let's say he had $3000 invested since Ann says "a few thousand" at $6 a share that is only 500 shares. So when he cashed out at $96 a share it amounted to $45,000. Over a 4 year period that amounts to $11,250 a year.


This post was edited on 4/25 at 7:30 pm

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Posted by DownshiftAndFloorIt on 4/25 at 7:27 pm to MFn GIMP
Could have been. I don't know.

I claim to know absolutely not a damn thing about financial matters, but I know if you can afford to pay for both yours and your wife's schooling without having a job, you aren't hurting all that much financially.


This post was edited on 4/25 at 7:28 pm

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Posted by Sheep on 4/25 at 7:31 pm to HailHailtoMichigan!
quote:

Wealth is occasionally the measure of man's capacity to achieve.


FTFY

Paris Hilton is wealthy.

Other than being born to a wealthy father, what has she "achieved?"



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Posted by los angeles tiger on 4/25 at 7:35 pm to DownshiftAndFloorIt
This tidbit about Romney is never mentioned:

quote:

Romney answered, "Well, he didn’t have as much as I think some people anticipated. And I did get a check from my dad when he passed away. I shouldn’t say a check, but I did inherit some funds from my dad. But I turned and gave that away to charity. In this case I gave it to a school which Brigham Young University established in his honor. ... And that’s where his inheritance ended up."
According to a short history of the George W. Romney Institute of Public Management at BYU, the family provided an endowment in 1998, within a few years of George Romney's death.

So, in Romney's own words, he did "inherit some funds" from his dad. But he gave them away.

Why?

"I figured we had enough of our own," he said.


LINK

The inheritance he did get went to BYU.
He made it on his own.

Now, Obama wasn't hurting either. He went to the most exclusive prep school in Hawaii and Harvard for college. We don't know a damned thing about how Obama paid for his education because the records are sealed.





This post was edited on 4/25 at 7:40 pm

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Posted by magildachunks on 4/25 at 7:37 pm to MFn GIMP
quote:

Let's say he had $3000 invested since Ann says "a few thousand" at $6 a share that is only 500 shares. So when he cashed out at $96 a share it amounted to $45,000. Over a 4 year period that amounts to $11,250 a year.





For an apartment that cost $62 a month, and tuition that may have cost, at most back then, $4,000 a semester. At most. You are looking at him having nearly $3000 a year to live on. that is the equivalent of $20,000 a year to live on now.



Their school did not cost $4000 a semester.


This post was edited on 4/25 at 7:38 pm

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Posted by DownshiftAndFloorIt on 4/25 at 7:41 pm to los angeles tiger
I've heard about that before. Hard to knock a man for giving that away.

I put no stock in how someone paid for their education. If you were privileged enough to do it without needing a job or without loans and such, congrats. I wish I could have done that. Don't brag about having it rough financially though (not saying either of them have as I cannot recall ever hearing either one say it). I've worked as much as 3 jobs at one time while in school full time, and there are people who have a much harder time making ends meet than I do. I do take mild offense to someone who didn't even have to work bitching about how financially straining school was on them.



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Posted by mule74 on 4/25 at 7:42 pm to Politiceaux
quote:

This from the folks who still idolize the Kennedys and FDR, and who loved to love John Kerry a short while back?


You can be unabashedly greedy and rich as long as you profess the liberal doctrine. They think wealth is cool as long as it's on their team.


Look at how many Wall Streeters there are on the left.



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Posted by magildachunks on 4/25 at 7:43 pm to DownshiftAndFloorIt
quote:

I do take mild offense to someone who didn't even have to work bitching about how financially straining school was on them.




Hear, hear.



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Posted by los angeles tiger on 4/25 at 7:46 pm to DownshiftAndFloorIt
One thing you do need to consider is that tuition was much, much cheaper when Romney was in college than today. Yes, even the private schools were affordable.


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Posted by DownshiftAndFloorIt on 4/25 at 8:54 pm to magildachunks
Yea yea i know. I just contributed to something i hate. People getting offended too damn easily. I'll never call somebody on it in person though unless its just somebody whose ignorrant to the fact that there is always somebody who has it worse.

LA, wasnt the dollar worth a whole lot less back then also? Not sure how relevant that is, but i know my old man made (probably proportionally) less money working his college jobs than I do.



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Posted by Taxing Authority on 4/25 at 8:58 pm to los angeles tiger
quote:

He made it on his own.
Everytime a liberal says Romeny was born with silver spoon in his mouth or some such dribble, I always ask "How much did he inheirit?" They never answer...




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