The 47% Demarcation Line

There was nothing hidden about what Governor Romney said in the tape. He was speaking to a large audience, not some secret society, and he knew that it was being recorded. It was not whispered, oblivious to an open mike, like Obama’s promise to Russian President, Medvedev, that after he is re-elected, he will have more flexibility in weakening our defenses against Russian missiles.

Governor Romney simply defined the battle line, the 47% marker, which everybody already knows. Among other important factors, this election is about how soon, or whether, we become a socialist nation. This hype about the tape is just another ploy by the mainstream media to divert focus to something extraneous to the issue of the economy. Ironically, the Romney speech, made in 1998, is as germane to the issues of today's economy as it was in 1998. The mainstream media and Democrat strategists know that a non-issue is as good as a real issue to keep their entitlement-oriented constituency scared and in lockstep with their agenda. They also know that most of that 47%, cannot separate chaff from substance.

Hopefully, Romney can re-inspire those with a work ethic, those who believe in self-reliance, and bring about a re-birth of the spirit of free enterprise in this country. The creators of wealth, contrary to what Obama believes, are not slaves of the Government. Many are poised to move the remainder of their factories abroad if Obama wins re-election--to circumvent his re-distribution of their wealth—before he issues another executive order freezing exportation of more factories abroad. Seemingly, Obama recently facilitated them by signing the most recent free trade agreement with Korea, Peru and other third world countries; but perhaps he is astute enough to know that more unemployed, poor people are a temporary boon to his political agenda. However, capitalists know that political strategy changes from day to day, and they may have to move quickly.

To the ignorant, be advised that everyone can pay the same tax rate as Governor Romney if they risk their money in investments that create jobs and grow the economy. It's right there on your Form 1040, titled "capital gains," and it also displays the lower (about 15%) tax rate that capitalists pay. Governor Romney hides nothing. The Secretary of the Treasury and the Senate Finance Committee Chairman are both Obama appointees. They know exactly how much tax Governor Romney pays, and trust me, if he cheated, they would come after him.