From Ralph Nader: Mitt Romney: A Corporation Masquerading as a Person for President [View all]

[geefloyd46]

There was something missing from the release of a tape showing Mitt Romney pandering to fat cats in Boca Raton, Florida with these very inflammatory words: “There are 47 percent who are with him, (Obama) who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you name it. These are people who pay no income tax.” Romney said his job “is not to worry about those people.”

Mr. Romney, says Nader, doesn’t understand the double standard where government checks, whether already paid for or not, to people are called “entitlements” while far bigger checks to corporations are called “incentives.”

Hey, Mitt, why start with the 47 percent? Fully 100 percent of the nation’s 500 biggest corporations are dependent on various kinds of corporate welfare – subsidies, giveaways, bailouts, waivers, and other dazzling preferences – while many pay no tax at all on very substantial profits (see their familiar names – General Electric, Pepco, Verizon etc. – here).

Are the corporations that receive this corporate welfare going to vote for President Obama? (Mr. Romney has declared that corporations are people.) Of course they’re not. Nor are all of the 47 percent of people who are “dependent upon government.”

Mr. Romney doesn’t understand the double standard where government checks, whether already paid for or not, to people are called “entitlements” while far bigger checks to corporations are called “incentives.” Romney has lost control of his self-consciousness. Here is a man who talks about 47 percent of American households paying no income taxes (more on this later) while he has refused, unlike his father, to release back years of tax returns because they’ll show he has parked much of his wealth and income in foreign tax havens like the Bahamas precisely in order to avoid paying U.S. taxes.

Full Story: http://laborspains.blogspot.com/2012/09/from-common-dreams-mitt-romney.html

Originally published here: http://www.commondreams.org/view/2012/09/20-7