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Bill Clinton: Romney's Recovery Plan is 'Dumb Economically'

Former was in Waukesha rallying Democratic support with just five days left before the election. In the waning moments of the campaign, both parties have targeted the Badger State in what could be a photo finish Nov. 6.

 

Former President Bill Clinton stumped deep in the heart of Republican territory in Wisconsin Thursday to talk dollars, cents, and arithmetic before a crowd of roughly 600 people in Waukesha.

Clinton — dubbed the "Secretary of Explaining Things" minutes before by Milwaukee Mayor Tom Barrett — praised President Barack Obama’s plan to rebuild the economy, saying that it was based upon arithmetic.

He couldn’t say the same for Republican presidential candidate Mitt Romney’s plan to restore the nation’s economy, which Clinton said would undermine the identity of the country. Clinton said there’s a reason Romney has been mum on explaining how his tax cuts add up.

“There is no possible way to do this without cutting education, without cutting investment in infrastructure, without cutting investment in our economic future, without doing terrible damage to Medicaid, without undermining who we are, and doing something that is dumb economically," Clinton said.

On the other hand, Clinton praised Obama’s plan to tackle the debt and sagging economy. Clinton said Obama’s plan invests in renewable energy, the country's technological infrastructure, education, and healthcare.

“His plan educates and empowers the American people, and he has a plan to tackle the debt,” Clinton said.

Close contest in Wisconsin

Clinton was rallying Democrat support on Republican turf Thursday because it appears the race in Wisconsin could be down to a dead heat. Though staunchly Republican, Waukesha County turns out the third highest total of Democratic voters in the state, according to JSOnline’s Don Walker.

And although Wednesday's Marquette University Poll shows Obama with an 8-point edge in Wisconsin, the lineup of campaign stops in Wisconsin would suggest both candidates see a much tighter race in the state.

In the final days before the election, Obama, Clinton, Romney, and GOP vice presidential candidate Paul Ryan will all have spent precious time remaining on the campaign trail in the Badger State. Romney will be in West Allis on Friday, and Obama will make a stop in Milwaukee Saturday and Madison on Monday.

Clinton assured those in attendance Thursday that Obama has taken the country on the right path. He said even Romney conceded that Obama inherited a dire situation, but Obama has done his best to lead the nation toward recovery.

“We remember what it was like in November 2008. This country was losing 750,000 jobs a month. Our auto industry was on the brink of disappearing. The housing market was falling apart,” Clinton said. “We are selling American cars again. The housing industry is no longer in the free fall it was. It’s because President Obama had the courage to do the right thing.”

He said Romney would only take the country backward to the same place it was when the economy was in a downward spiral. Clinton said no economists would say that a complete recovery could be accomplished in four years, and that the country needs to stay on the path Obama has taken.

“I’m more excited about Obama than I was in 2008,” Clinton said. “I’m sure it’s just a coincidence. A business forecasting group, Moody’s Analytics, says that the American economy in the next four years will produce 12 million jobs if we don’t mess up what president Obama is already done.”

Supporters like what they hear

Lew Arnold, of Waukesha, was at the rally supporting the president. The last-minute rally may just help “garner the votes” for Obama, he said.

“Every vote counts, and that is what we are doing today,” Arnold said. “I have no doubt in my mind that Republicans are going to carry this county, but every vote counts.”

Waukesha County has a predominately Republican voter base, but because of the county’s large population, it still has a strong Democratic draw.

Nancy Balzer, of the Town of Waukesha, thought Clinton’s speech will help push the Democratic vote in Waukesha County because “he is such a clear explainer,” Balzer said.

“He came out and said, ‘I am going to explain it all.’ He really did,” Balzer said. “He highlighted the difference between President Obama’s plans and Governor Romney’s. In particular, Governor Romney has not been very forthcoming with his actual plans, laying out what he is going to do.

“Instead, he is making generalizations, whereas President Obama has specific plans that are out there. We can see how far we have come in the four years that he has been president.”

Milwaukee residents Josh Pieper and Rachel Peeters made the trip to see Clinton. Pieper felt the most important coming out of Clinton’s speech was “the way he breaks down the numbers, financially.”

Peeters was impressed by information about students and the importance of scholarships and grants. Clinton’s speech could help strengthen the Democratic vote in Waukesha County, she said.

“I think it will definitely get the voters out with his presence here,” Peeters said.

Related Topics: 2012 election, 2012 presidential election, Barack Obama, Bill Clinton, Mitt Romney, Patch Politics, Wisconsin, presidential election, and waukesha

H.E. Pennypacker

2:16 pm on Thursday, November 1, 2012

600 people! Watch the Romney/Ryan landslide on Tuesday!!!!

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Greg

2:20 pm on Thursday, November 1, 2012

"Secretary of Explaining Things"

More like "The King of Excuses"

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Uncle D

8:51 am on Friday, November 2, 2012

Actually...It's more like "King of the Blow-val Office".
Imagine this: Tom Barrett praising No-bama's economic plan when his city's economy is in the crapper. Go figure! Did he give No-bama a lifetime pass on the Folly Trolley?

Bob McBride

2:22 pm on Thursday, November 1, 2012

Nancy Balzer, of the Town of Waukesha, thought Clinton’s speech will help push the Democratic vote in Waukesha County because “he is such a clear explainer,” Balzer said.

******************

I don't think there's any doubt he's had a lot of experience in the "explainer" department.

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Steve Ebbie

3:30 pm on Thursday, November 1, 2012

I, for one, will be glad when it's over. Two and sometimes three glossy ads in the mailbox every day that go directly in the recycle bin. The mute button is darn near worn out on my remote. Berating and name calling on blogs is growing old.

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Adam Wienieski

9:44 pm on Thursday, November 1, 2012

To believe top marginal tax rates and top capital gains tax rates are unrelated to savings, investments or economic growth is to suppose that economic behavior is unaffected by risk and reward. Curiously, lower tax rates appear to increase revenue to the government.

Over his two terms in office president Reagan reduced the top tax bracket from 70 to 28 percent and annual tax revenues grew at an average of 8.2 percent. During the Obama "recovery" federal revenues have actually gone down by 1.5 percent a year.

The report uses loaded terms like "tax cuts for the rich" and the author, Thomas L. Hungerford contributed over $5,000 this election cycle to the Obama campaign, the DNC, etc; this is hardly the picture of non-partisan objectivity.

Blair Nielsen

6:10 pm on Thursday, November 1, 2012

New York Times Bobby Joe. Bet you watch MSNBC and take that as gospel also.

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Tony

8:18 pm on Thursday, November 1, 2012

This coming from a guy who was impeached, disbarred from practicing law in his own state, and had sex with an intern while in the Oval Office. Clinton's a joke. Too bad it's on us.

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Kenneth London

9:52 pm on Thursday, November 1, 2012

Well - there were those years of peace, economic growth and budget surpluses; but who really cares about those little things when the big things like a partisan "impeachment" took up so much of the right's time and energy.

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Steve ®

9:54 pm on Thursday, November 1, 2012

Obama passed a budget and has a yearly surplus?

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Steve ®

10:03 pm on Thursday, November 1, 2012

Clinton not taking out Osama or dealing with al Qaeda guaranteed passing the buck to future presidents.

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Craig

10:37 pm on Thursday, November 1, 2012

Clinton is the reason for this economic mess we are in.
If I were Obama, I wouldn't allow Clinton to do me any favors.
Obama has had four years and achieved nothing other than stonewalling on Benghazi.
Clinton was a slimy scumbag, Obama is an incompetant douche.
I am an asshole, and I approve this message.

Steve ®

9:40 pm on Thursday, November 1, 2012

Hey Bill your wife covered your ass for years now what are you doing to cover hers on benghazi? Oh right calling someone else dumb.

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Nick Poulos

10:14 pm on Thursday, November 1, 2012

@Adam, your syllogism is faulty. Reagonomics never was a success. That has repeatedly been shown to have been an on-going illusion.Reagan's own Finance advisors are on record to that effect. God will Obama will be re-elect and Romney will go back to being another rich white guy who pays very little in taxes and doesn't create societal value or jobs. We need to stay the course, not go backwards. Obama and Biden will move the nation forward; the Pledge will be torn up; and, America will escape finally from Republican Hell. More importantly, the nation will protect its precious existence as a democratic republic; the Randian right will not be allowed to infect the nation further with its immoral ethics; and, our founding social contract between one another will revert to its intended Judeo-Christian-Islamic notion of "do unto others as you would have others do unto you." A vast improvement over the self-centered, self-interested, selfishness of the Randian Objectivists. Don't you agree, really?

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Steve ®

10:28 pm on Thursday, November 1, 2012

Nick "What you saw didn't really happen and I'm a racist."

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Bob McBride

10:33 pm on Thursday, November 1, 2012

I think what Nick's trying to say is that God want's Obama to be president.

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Jay Sykes

7:12 am on Friday, November 2, 2012

@Nick Poulos... Economists are well aware that there is not a pure linear relationship between the marginal tax rate(%) and the total dollars($) collected in taxes. Both the Kennedy and Reagan tax cuts proved this out, as tax collections( $) increased as the marginal tax rate(%) was decreased;known as the Laffer Curve. http://en.wikipedia.org/wiki/Laffer_curve

Our trial and error process performed on the marginal rate during the last 50 years ( 90% -->28%), also proved that the government did not generate enough money to function, without growing the deficit, at the at 28% rate;the sweet spot is roughly the 36% rate, last seen under Clinton.

FYI:the top rate is scheduled to go to 44% on January 1, 2013.

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oak creek resident

11:17 am on Friday, November 2, 2012

@Nick
You are a weak, limp wrist self hating liberal. You hate white people, admit it wuss boy.

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Adam Wienieski

11:05 am on Saturday, November 3, 2012

Really Nick, I had no idea you were such a fan of the Abrahamic tradition, God as the author of the bible and all. Where is your ever present concern for the separation of church and state?

When you say "do unto others" it sounds like leftism dressed up in Jesus rhetoric but you now advocate a theocracy based on leftist/Christian (presumably pro-life) moral values. If neglecting the needy is morally wrong for everybody is abortion also an unconditional evil? Would you use the popular vote to force others to practice this religion and if not, why are you so willing to do this when it comes to your economic beliefs?

Where is the evidence of a moral compass with the current administration? Not in their vastly expanded drone strikes that vaporize suspected terrorists and their families without the benefit of trial by jury and certainly not with their cowardly actions in Benghazi deliberately leaving four Americans to die rather than spoil their re-election shtick about Bin Laden and Al Qaeda.

If competence and morality are the standard for voters on Tuesday you can say hello to President Romney right now.

Keith Best

5:24 am on Friday, November 2, 2012

Bill Clinton came to Waukesha still looking for those "binders of women" mentioned in the debates. He left empty handed. He does enjoy meeting new co-eds on college campuses though.

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Lyle Ruble

7:05 am on Friday, November 2, 2012

@Keith Best....Pretty tacky.

John Taxthepoor

7:10 am on Friday, November 2, 2012

cLINTON'S BIGGEST DEED WAS TAKING CREDIT FOR REPUBLICAN BALANCED BUDGET AND REDUCING WELFARE. HIS REAL ACCOMPLISHMENT WAS CREATING THE HUMAN HUMIDOR.

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Craig

8:16 am on Friday, November 2, 2012

And that cigar that was stored in a fish locker was giver to Yassir Arafat, then we wonder why that part of the world hates us.

Impeach Now

8:08 am on Friday, November 2, 2012

Bill...I dub thee LIAR...you used the politcal platform to bold face lie to the American people by pointing your stubby finger in my face via television about not having an affair then you used those same tactics (via high priced lawyers) to redefine what sex is and now we have even a greater epidemic of teen pregnancies, thus, because of that redefinition, many people are without conscience or give no thought to the consequences of their actions in this particular area...so...i'm supposed to believe you?!...I think not...I voted against you at the end of that term and now I stand against BO because of his endorsement of an add comparing losing your virginity/having sex to voting...your democratic idealogy has cheapened the true bonding experience of what sex is through lies and propaganda...this seems to be an ongoing theme in the party...hmmmmmm....

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John Wilson

9:38 am on Friday, November 2, 2012

Dave Kube -

Under a Willard/Lyin' Ryan administration there would be no consensual sex... only rape and "Forced Births."

With more than 7 Billion humans currently inhabiting the planet – 40% who live in poverty and more who cannot obtain clean water – let us just push the earth’s population to a guaranteed extinction point for all of us.

That really sounds like a viable economic/social policy.

I wonder who gets to pay for all that "Smaller Government."

Jean Hoffman

8:32 am on Friday, November 2, 2012

Why isn’t George W. Bush campaigning for Romney?

He is presenting at a tax evasion conference, the Cayman Alternative Investment Summit, held in the Cayman Islands: http://www.caymanai.com/

If Romney wasn’t running for president, he would have been a terrific co-presenter. He has so much experience holding foreign bank accounts. Flip-flopper Romney, patron of the 1 percent and Chinese out-sourcing, isn’t ready to be POTUS.

Keep in mind, 17 of 24 top Romney advisors were former Bush advisors, so Romney would be like "Bush-lite."

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Bob McBride

8:56 am on Friday, November 2, 2012

JEAN HOFFMAN - Cuyahoga Falls, OH Patch

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Jay Sykes

9:18 am on Friday, November 2, 2012

WELCOME TO WISCONSIN, JEAN !!! ...just visiting or do plan to stay?

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CowDung

9:32 am on Friday, November 2, 2012

Probably staying just long enough to cast a fraudulent vote for Obama...

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John Wilson

9:47 am on Friday, November 2, 2012

Jean Hoffman -

You forgot to mention that each attendee pays $4,000 per seat and the entire conference is secret and blacked out from any press coverage...

Actually, I suspect that GWB is there to invest more of Willard's money, and keep an eye on his current investments; Willard will need those after the election...

Craig

8:57 am on Friday, November 2, 2012

Clinton thinks Romney's plan is dumb economically?
Someone correct me if I am wrong, but wasn't it Clinton who raided the Social Security Trust fund by $1 Trillion to "balance the buget"?
Wasn't it Clinton to gave China Most Favored Nation status, thus causing a giant sucking sound of jobs being pulled out of the US?
The pay me now or pay me later politics has come back to bite us on the ass.
Obama's overuse of the credit card is akin to someone who is planning to file bankruptcy going out an buying a new car the day before. He is pushing us over the edge.

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KMM

9:18 am on Friday, November 2, 2012

This President elect has functioned quite well since the only thing the GOP was willing to work on was McConnell's announcement to the world four days after being elected that they want to make him a one term president. No announement from the GOP about helping to fix the economy just tunnel vision. As a citizen of the United States that really took me back. That's it, that's all you want to work on? That was such a disappointing statement when this country was hurting. I want to have a Senate and House that cares about this country NOT PARTY or a pledge that some lobbyist threatened them with. Spineless! I will vote for Obama because my friends and families businesses has seen recovery and have grown. I'm not apposed to paying taxes that will fix the infrastructure, take care of the truly needy and shore up our country. I am willing to pay more taxes (fees as Romney said) if we can fix our country and become a strong presence in the world again. Do I agree with everything Obama offers NO but I have to say this president has had a headwind the entire time in office and feel he's done remarkable job for what he has faced. Romney just hasn't said anything that makes me believe he would work for ALL of us. Believe me I tried since I was a Republican when he was running 5 years ago. I have been a Republican and Independent and a Democrat this time I'm a regular citizen that wants to help our country recover no matter what affiliation. We have a vote and a voice. Others don't.

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John Wilson

9:55 am on Friday, November 2, 2012

I’m Sorry to burst your hateful bubbles...

“Pollster Nate Silver has done an excellent job of assembling all of the known political data on where the presidential race stood as of Wednesday. His analysis leads him to project that Obama will beat Romney 51.2 percent to 47.6 percent in the popular vote, and 311 to 227 in the Electoral College where only 270 votes are needed to win. Overall, Silver gives Obama a 76 percent chance of winning the election.

Those who do not follow the data intensively can be forgiven for not knowing what good shape Obama is in, because it is rarely reported in the mainstream media. There is a simple reason for this: it has a huge vested interest in maintaining the idea that the election is so close it cannot be called and will come down to the last vote cast on Election Day.”

Wisconsin will not be RED, like China...

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morninmist

10:21 am on Friday, November 2, 2012

For the sake of the Earth and its people--including the grandchildren that the TeaRepups are always harping about--I do hope Pres. Obama wins. I believe he will have time to do something about global warning next term!

Mitt Romney must rue that line in his Republican National Convention speech, days after Hurricane Isaac narrowly missed hitting Tampa, Fla., and the convention, when he quipped: “President Obama promised to slow the rise of the oceans and to heal the planet. My promise is to help you and your family.”

Romney drew a big laugh from those gathered to nominate him. No one is laughing now. Sandy’s U.S. death toll has reached 50, with 8 million without power. Initial estimates put the cost of the damage at tens of billions of dollars.

Romney’s latest position on climate change is no surprise, since it conforms with his consistent pivot to the right, away from his previously held views.

We also should not let President Barack Obama off the hook. Recall the presidential debates, where he continually boasted of his fossil-fuel credentials. “Oil production is up, natural gas production is up,” he said at Hofstra, during the second debate. “I’m all for pipelines. I’m all for oil production.” In none of the three presidential debates was climate change mentioned, even once, not by the major-party presidential candidates and not by the moderators.

Amy Goodman: We are not powerless to confront climate change http://dlvr.it/2QSCNl...

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Craig

10:32 am on Friday, November 2, 2012

The USA has turned blue holding their breath for "Hope and Change". They exhaled when they found out it really meant "Thought we Could".

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H.E. Pennypacker

10:50 am on Friday, November 2, 2012

Pederast Nate Silver has no track record of predicting any election. Best to stick with the tried and true pollsters who have a record of being accurate.

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John Wilson

11:44 am on Friday, November 2, 2012

H.E. Pennypacker -

"As successful as Silver has been in both sports and politics, his greatest achievement so far might be attracting this particular flavor of criticism. As Wang said, his methodology is up for debate, but his goals of accuracy and precision, and the general science of forecasting, aren’t. The hardest thing Silver works at is eliminating bias, so when baseball fans accuse him of being biased against their team or political lackeys accuse him of being biased against their candidate, it’s the accusers themselves who are revealing their own insurmountable bias. In their attempt to put Silver on trial, they only convict themselves."

http://updates.deadspin.com/post/34780905169/nate-silvers-braying-idiot-detractors-show-that-being

AWD

10:23 am on Friday, November 2, 2012

We've tried the black President thing and its been a complete failure. All of you suburban white people, you get a mulligan on your 2008 vote. This time do it right and vote white. Obama looks at America and the world through the eyes of a black man, that is not in your best interest.

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Craig

11:04 am on Friday, November 2, 2012

AWD:
If people were better off today compared to four years ago I would vote for Obama, even if he was purple. He is not a failure because of the color of his skin, he is a failure because he is not capable of the job.
Seriously AWD, if you found out you inherited a fortune from a black distant relative...would you turn the $ down?
This election isn't about race, shouldn't be about race, and race should not be part of the debate. Please do not denegrade my race, or anyone's race. I am fairly certain there are people of other races who are brilliant compared to you and me.
The President's record and lack of ability however; are free game.

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Lyle Ruble

11:11 am on Friday, November 2, 2012

@Craig....Thank you for letting AWD know how far off base he is.

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oak creek resident

11:20 am on Friday, November 2, 2012

You people chide AWD for bring race into it, yet at plenty of Obama rallys, it is ALL about race and hating whitey.

And libtards like Lyle keep their mouths shut, because they secretly agree.

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Craig

11:28 am on Friday, November 2, 2012

Lyle: You are welcome. I think it is important we understand race is not at issue here.
OCR: I am not a Libby, I am more conservative than our GOP candidate for the highest office in the US. I try to see the good in people regardless of our differences. In AWD's case, I see much of what he says IS relevant. I think the race issue is AWD's way to get people's goat. If he kept race out of the equasion, he may find out people from all races agree with him politically.

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John Wilson

12:08 pm on Friday, November 2, 2012

oak creek resident -

"You people chide AWD for bring race into it, yet at plenty of Obama rallys, it is ALL about race and hating whitey."

Actually, proper English for such an educated person would be "...for [bringing] race into it..."

Please tell me where are these rallys, where it's ALL about race and hating whitey?

Do you have pictures?

Do you have videos?

Can you cite internet references?

Where is your proof?

Oh, that's right, you do not have any...

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oak creek resident

1:02 pm on Friday, November 2, 2012

@ John Wilson

Found this in about 5 seconds:
http://www.13wmaz.com/news/topstories/article/202445/175/Rev-Lowery-White-People-Going-to-Hell-Remark-Was-Joke-

So, how does it feel to be so easily refuted and made the fool? What a complete and total moron you are, that you need to be force fed evidence of what most everyone else already knows.

I am so glad I am not a dimwitted sheep like you... now back to work, I need to work to support your lazy ignorant arse.

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John Wilson

1:33 pm on Friday, November 2, 2012

oak creek resident -

"You people chide AWD for bring race into it, yet at plenty of Obama rallys, it is ALL about race and hating whitey."

Where are the "yet at PLENTY of Obama rallys" are the PLENTY?

Your link shows a religious person, a Reverend, clearly making a JOKE in church, not a rally! He even prefaced his comment with the remark that it was a joke. And, Obama was NOT there!

Furthermore, this incident, from last week, was NOT hateful nor race-baiting… so, that’s your PLENTY?

"I said it was a joke we used to tell," Lowery told 11Alive's Jeff Hullinger. "Clearly it was a joke, and I said it to the reporter it was a joke. I don't know why he would give any credibility to that it was clearly a joke."

"Rev Lowery: Don't think white people are going to heaven."

This, from a Pastor in Georgia from last week Wednesday is your PLENTY?

Yes, you have proved something… you don’t know what you are talking about!

cud1555

12:16 pm on Friday, November 2, 2012

Wouldn't a more neutral headline have been something like "Clinton speaks at Obama rally in Waukesha" or if something to pique a bit more interest was wanted perhaps "Clinton appointed Secretary of Explaining Things at Waukesha Rally"

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oak creek resident

12:57 pm on Friday, November 2, 2012

@John Wilson
OMG i forgot to add the ING as I don't have hours to spend writing on blogs here. Unlike you, I work for a living. Most people pretty much have discounted your tactic of spellchecking someone elses writing, it really makes you look desperate to appear smart.

And to add to that:
Wright was and still is a pretty much a hate-whitey preacher, so much so that Obongo stopped his relationship with him. Too late though, we all know how Obama is using racial hatred towards white to gather the black vote.

Plenty of other examples if you take the time to look for yourself.

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AWD

1:29 pm on Friday, November 2, 2012

This election is not about the economy, education, employment levels, abortion, gay marriage ect this election on November 6th is entirely based on race relations in America. Obama's anti-White policies have divided our nation. Obama and Michelle hate white people. Do it right, vote white on November 6th.

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Craig

2:37 pm on Friday, November 2, 2012

AWD: Obama and Michelle have the right to hate white people as equally as you have the right to hate un-white people.
I chuckled to myself when I imagined you finding out you have 12.5% African blood in you. I am certain it would not change you political views as many un-white Americans are GOP. But, I think it may assist you to stay on point when debating Political topics.

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Keith Schmitz

8:07 pm on Monday, November 5, 2012

Can you two get a group rate for mental help?

AWD

7:13 pm on Friday, November 2, 2012

Hopefully the whites who voted for Obama in 2008 have realized that voting for him was not in their best interest. The moment I heard about Obama's connections with that racist Reverend Jeremiah Wright, I knew Obama couldn't be trusted. Sadly many whites were fooled into voting for him. Maybe now after seeing the numerous anti-White policies pushed by him the last four years, hopefully they see the light now. At least I hope so. Do what’s right, vote white. Romney/Ryan 2012!

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Keith Schmitz

8:06 pm on Monday, November 5, 2012

This, from the same party that never allowed a decent investigation into 9/11 and Bush's inability to respond to the PDB.

This will go no where like the Fast and Furious brouhaha run by the crook Darryl Issa, because there is no where to go.

Give it a rest will ya.

Colter95

7:50 pm on Monday, November 5, 2012

I saw Obama yesterday claiming the new job numbers are proof that his policies are working and that we are in an economic recovery... Fact is, that is not the truth, or even close to the truth...
First, the unemployment rate ticked up to 7.9% and the year-to-date monthly average of 157,000 payroll jobs is barely enough to keep up with population growth -- much less make up for the 8 million jobs lost during the Great Recession.
Second, the so-called real unemployment rate (U6) remains elevated at 14.6%, albeit down from 14.7% the prior month. Similarly, the labor participation rate is at 63.8%, up from its multi-decade low but still incredibly weak.
Third, average hourly earnings fell a penny in October and average hours worked fell to 34.4 from 34.5 in September.
Stagnant wages means "we're not generating income," Reinhart says. "That's a problem in terms of the durability of an economic expansion, which is usually fueled by consumption. To get consumption you've got to generate income."
Also, just look at your checkbook. We are paying a lot more for everything now than we did in 2008. The price of gas has doubled. At the same time, wages have gone down, and that's if you're lucky to have a job.
In 2008, 25 banks went out of business. In 2012, 48 banks have gone out of business. Almost double the amount. Does that sound like recovery to you? Don't believe the Obama lies!!

Romney/Ryan 2012

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Keith Schmitz

8:03 pm on Monday, November 5, 2012

What ever you are bitching about regrading Obama, what thinking person would believe that returning to the Bush policies is a bright idea.

The problems you are talking about are from:

1) Corporations sitting on cash rather than in investing in company growth.

2) Republican obstructionism. The jobs bill would have created a million jobs.

3) Cutting government jobs in an Irish style austerity. If it wasn't for layoffs of government employees, unemployment would be in the neighborhood of 6%.

The study by the Congressional Research Service and an army of economists agree that cutting taxes on the wealthy diddly squat. Just a bogus justification for the rich to hoard more.

As for the numbers formulas for the unemployment numbers, the same one that has been used by presidents probably going back to FDR.

By the way. Gas has not doubled since Obama became President. One of the thousands of lies that have come out of the GOP like an insane tennis ball machine.

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