Romney Screwed Up And Told The Truth…

  …and his campaign is in hyper-mode. In fact, they have already re-leased their press statement.

  So what did Mittens say?  He told a group of supporters that, contrary to Republican talking points, President Obama has not raised taxes in 4 years in office.

“I admit this, he has one thing he did not do in his first four years, he’s said he’s going to do in the next four years which is to raise taxes”

    View the video here.

    As I stated, Romney’s campaign was quick with a statement by way of ABC News:

“President Obama has raised taxes on millions of middle-class Americans during his first term in office,” spokeswoman Amanda Henneberg said in a statement. “Governor Romney was clearly communicating about an additional tax increase President Obama is proposing on American small businesses that will jeopardize over 700,000 jobs. Mitt Romney and Paul Ryan will stop the President’s tax increases, create 12 million new jobs, and turn our economy around.”

Technorati Tags: Mitt Romney,Barack Obama,Tax Increases,2012 Elections,Current Events

Romney’s Success Story?: Staples Is Closing Sixty Stores

By Justin Acuff  September 25, 2012       Original

Staples is closing fifteen stores in the U.S. and has plans to close forty-five stores and/or delivery businesses in Europe, reports Huffington Post. This is interesting because Romney has claimed Staples as a success and an example of his job-creating prowess.

Huffington Post:

Staples is trying to adapt to the evolving needs of its customers. Last month the company reported that its second-quarter net income fell as sales of computers, software, and basic office supplies softened. Computer sales have been pressured by the introduction to many offices of the computer tablet and other mobile devices. Traffic is also down at Staples’ stores and Europe continues to be a weak spot.

The chain expects the U.S. store closings will result in a charge of about $35 million in the fourth quarter. For fiscal 2012, it anticipates about 30 U.S. store closings. Staples also expects 30 stores will be scaled down and stores being relocated.

In Europe, the store closures are expected to occur before the end of fiscal 2012. The company has also tapped John Wilson to serve as president of Staples Europe. Wilson succeeds Rob Vale, who is retiring.

The retailer says its U.S. retail and online businesses will now be run by Demos Parneros. Joe Doody will continue to lead the North American contract and Quill.com businesses, and will assume leadership of supply chain and customer service operations in North America.

While the closing of the stores doesn’t necessarily bode poorly for the company itself, it does put those employees’ jobs in danger. Not only that, but its stock fell to a fifty-two week low in late August.

FreakOutNation reports:

Republican Presidential nominee Mitt Romney is having a dreadful week. Romney claims that his business experience would solve our countries employment issues — while giving a nod to cutting regulations. Staples, Romney’s success story, pays their employees at a minimal pay rate and now many of Staples’ workers will now be unemployed.

The Framingham, Mass., company anticipates annual savings of about $250 million by fiscal 2015′s end, so they’ll be faring well, however, touting the company as job creators is a distortion of facts. The facts are, that Staples pushed smaller businesses out, while bringing their large company in.When will politicians tout Mom and Pop stores, small local businesses and community, instead of privatization, enormous stores that go out of style leaving no means for the people left behind?

In other words, Mitt Romney’s businesses are failures. What would he do with the country?

Technorati Tags: Mitt Romney,Staples,Jobs,2012 Election,The Economy,Current Events