News Frontline: Examining Romney & Obama

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The discussion highlights the contrasting backgrounds of presidential candidates Mitt Romney and Barack Obama, emphasizing how their strict private school educations shaped their ambitions. It references NPR pieces detailing how Romney's upbringing prepared him to "aim high," while Obama's education provided him with a pathway to success. Stephen Colbert's insights on the political landscape are also noted, particularly his critique of the "Politico-Industrial Complex," which underscores the significant financial influence in politics, especially through 501(c)(4) social welfare nonprofits that often evade strict regulations. The conversation touches on the overwhelming amount of money spent on political advertising by these nonprofits, which often operate without transparency. The challenges faced by the IRS in regulating these entities due to the rapid pace of political changes are also discussed. The participants express a belief that both candidates possess large egos, a trait seen as necessary for success in politics, and speculate on the implications of the upcoming debates and potential economic policies under a Romney administration.
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I think both candidates have big egos.

NPR had done bit on the parallel lives of Obama and Romney.


Strict Private School Prepped Romney To 'Aim High'
http://www.npr.org/2012/10/14/162810265/strict-private-school-prepped-romney-to-aim-high


Hawaii Prep School Gave Obama Window To Success
http://www.npr.org/2012/10/13/162786014/hawaii-prep-school-gave-obama-window-to-success

and Steven Colbert has some interesting comments and insights.

Stephen Colbert steps out of character to assess Romney on ‘Meet the Press’ (VIDEO)
http://news.yahoo.com/blogs/ticket/colbert-meet-press-video-214951743--election.html


I thought Colbert's comment (about 6:30 in) about the Politico-Industrial Complex, ". . . there's an entire industry in politics. But I didn't know. I suspected. There's an entire industry. There's a politico industrial complex that is not only raising money but that is built around making money off of the fact that there is so much money in politics, and that there are almost no rules" is right on target.

Colbert ends with an interesting observation.
 
That was a very interesting Colbert video.

The money floating around under the guise of non profit social welfare is absurd.

Forget super PACs, their much-hyped cousins, which can take unlimited contributions but must name their donors. More money [6] is being spent on TV advertising in the presidential race by social welfare nonprofits, known as 501(c)(4)s for their section of the tax code, than by any other type of independent group.

The majority of the money collected must go to social welfare, but there is an easy way around that; just give remaining money to another 501 (c) 4.

http://www.propublica.org/article/h...lions-on-elections-and-call-it-public-welfare

There is no limit that I know of on how much the director of one of the non profits can pay himself or staff. Karl Rove had two operating at the same time. It truly has become a Politico-Industrial Complex.

It is futile for the IRS to try to keep up with

One reason the IRS struggles is that it can't match the speed of politics. By the time some groups submitted tax returns spelling out the millions they put into the 2010 election, they had stopped operating, or disbanded and reformed under new names, ProPublica found.

The most politically active social welfare groups — former Minnesota Republican Sen. Norm Coleman's American Action Network and GOP strategist Karl Rove's Crossroads GPS — only filed tax returns covering fall 2010 in the spring of this year.
 
I think both candidates have big egos.

I think both, any and all candidates MUST have big egos.
No one gets this far in politics without one. imo

In this go-round, one is for money and the other is for people.



'We the people ... ' ... when written, was not all inclusive back then.
 
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FACT CHECK: It's a perfect storm of Frankenfacts
http://news.yahoo.com/fact-check-perfect-storm-frankenfacts-164835491--election.html
 
https://www.newsweek.com/robert-redford-dead-hollywood-live-updates-2130559 Apparently Redford was a somewhat poor student, so was headed to Europe to study art and painting, but stopped in New York and studied acting. Notable movies include Barefoot in the Park (1967 with Jane Fonda), Butch Cassidy and the Sundance Kid (1969, with Paul Newma), Jeremiah Johnson, the political drama The Candidate (both 1972), The Sting (1973 with Paul Newman), the romantic dramas The Way We Were (1973), and...

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