The ad entitled “Not Even Half” [see a White House 2012 video presentation of the ad below this post] is one of the first truly hard hitting ads by Romney to use undeniably tangible evidence of the corrupt and inept wat our President has been handling the economy. Gone from this ad are any abstract messages that merely address voters with rhetorical attacks on that which could be considered subjective and is open to varying degrees of disagreement. In this ad, the cold, hard facts are presented. Cold, hard facts that tell a story of a President who has set a billion dollar fundraising goal for his reelection campaign and in doing so has rewarded at least hundreds of millions of dollars of taxpayer’s dollars to big businesses that have donated money to his campaign.
In the real world one is not permitted to give money that doesn’t belong to them to their friends. But in the world of Obamanomics and liberal politics, using taxpayer’s money to invest in the failing businesses of friends is a logical and legitimate practice. In the real world, if a business made a deal that cost its stockholders hundreds of millions or billions of dollars, liberals would be calling for hearings, investigations, stricter regulations, and as in the case of Morgan Stanley CEO, Jamie Dimon whose recent $2 billion loss due to a complex hedging strategy involving hard-to-value instruments and embedded riskS that eluded him, compelled liberals to call for his resignation.
However, similar practices by the President go unaddressed and are even ignored.
The new Romney ad cites solid examples of the Administration’s shady and incompetent economic decisions such as the call to issue $3 billion in taxpayer backed loan guarantees to First Solar, a company that is now cutting jobs and seeing its stock at an all time low. Then there’s Ecotality which received $126 million dollars in taxpayer’s money, only to lose $45 million and now find itself under investigation for financial impropriety. Another example is Sunpower, a company that received $1 billion in taxpayer backed loan guarantees from the Obama Administration last year and this year, has lost half a billion dollars and is laying off workers.
There are more examples cited in the ad and many more are not included, but each of them on their own would be enough for the left to crucify Mitt Romney for if they were carried under his Administration. And if they found out that those who received preferential treatment from the Romney Administration, also donated to the Romney campaign, the din from their cries for impeachment of Mitt Romney would be deafening.
To compound the situation, is the fact that President Obama tries to claim that these transgressions were all a part of his good work to turn the economy around. The Obama Administration calls these transactions “investments” that are all a part of successful efforts to turn the economy around.
As this ad suggests…….how’s that been working for ya so far?
Is investing the hard earned money of struggling taxpayers in the pockets of failing businesses that are firing more workers than they are hiring a good business decision? An even better is question is should the federal government be picking winners and losers and placing those bets with the taxpayer’s money? And is it right that President Obama’s big business donors to his campaign are the ones who his Administration funnels the taxpayer’s money too?
Bernie Madoff couldn’t have, shouldn’t have, and didn’t get away with misappropriating funds. So why are we allowing President Obama to?
This new Romney ad does a good job of pointing all this out. And it does so in a way that voters can easily understand. It is the type of ad, that helps to keep the focus on the Obama Romney record and it is the type of ad that presents actual examples of the incompetent and unethical actions of the Obama Administration, while also reinforcing the incompetent impression the President has created for himself on the economy. The best part of this ad is that it will carry a great deal weight among Independent voters who are not willing to ignore the facts and who are willing to consider the possibility that President Obama’s policies are not helping us.
Another benefit of this ad is the solid but subtle strategy to play on one of Mitt’s Romney’s strong points…..the impression that he is a good businessman.
When you consider the decisions that the Obama Administration made concerning investments in failed and failing business, you can’t help but think that a good businessman like Mitt Romney would never make the same obviously dumb decisions that our current President is making.
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