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Rmoney is better off than he was four years ago

Submitted by charliehiphop on Fri, 2012-09-07 19:23

On the day Barack Obama was sworn into office, the very date of his inauguration, January 20, 2009, the Dow Jones Industrial Average closed at 7949 and change.

On the day of this writing, it closed at 13,306.54

Now, you don't have to be a mathematician to know that Willard "Mitt" Rmoney makes all of his money on his money. He hasn't held a job in over a decade but claimed $21.7 million in income in 2010. We don't know how much he claims to have made in the years prior or since (he hasn't released his 2011 tax returns as promised -- he got a postponement on filing until October, you see.). But we can safely assume this:

Willard makes a significant chunk of change off the performance of the stock market.

The Dow is up about 69 percent. You think Willard didn't share in that gain?

In fact, if I were a rich guy, I would totally vote for Democrats because the stock market does much better under Democrats, certainly in the past 32 years or so, probably even longer than that. But that's neither here nor there...

The point is, Rmoney is better off than he was four years ago,

at least if we use his own flawed measure of "success," i.e. wealth, as your measuring stick for such things.

If history be any guide, it would cost Mittens approximately a kajillion dollars if he became president. The market went down over the eight years Bush was president. Down over an eight-year span; yeah, good times, those... [roll eyes]

So which do you want, a guy who thinks tax breaks are awesome but stock market returns don't matter or a guy who sees the reality of the situation, which is that good governance matters, sound leadership matters and that it leads to prosperity for all, not least of all for the Rmoneys of the world. I bet Rmoney did pretty well when Bill Clinton was president, too. And I bet he didn't do very well at all during the Bush years. In fact, it's starting to look like the rumors of no taxes paid for several years might be true: The market was flat -> Rmoney didn't make money -> Rmoney didn't pay taxes.

What a goon! What a hypocrite! What a slimeball! Yuck. Reminds me of some greasy car salesman albeit one of more refined tongue and in a more expensive suit.

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