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A Huge Victory for a Principled Mitt Romney
Townhall.com ^ | October 4, 2012 | Larry Kudlow

Posted on 10/04/2012 11:01:49 AM PDT by Kaslin

Mitt Romney politely cleaned Barack Obama’s clock tonight. A lethargic and at times tired looking President Obama was out-hustled, out-facted, out-energized, and out-informed by Former Governor Mitt Romney. Completely unlike Romney’s convention speech, tonight he focused on strong economic issues, developed his philosophy of limited government, and convinced me beyond a shadow of a doubt that he is in fact a pro-growth tax reformer who wants to lower the rate, and broaden the base in a revenue-neutral fashion that will actually create jobs and spur the economy.

This is the first time I have been totally convinced of his tax reform bonifide and principles. Elsewhere in the debate, Romney had to correct President Obama on a number of issues, including oil tax breaks, healthcare issues, job training programs in the federal government and even how Obamacare works. Romney’s knowledge base was broad and deep, much broader and deeper than President Obama showed tonight.

At times, Obama looked petulant because he knew he was beat and he knew he was outhustled and not in command of the facts. What’s more is that Romney’s demeanor was calm but insistent. You could see a man who is for limited government and private enterprise, who wants to make sure that people understood his commitment to those key principles, and he never wavered. On the other side, you could see Barack Obama committed to big government all the way. Also, we have no new knowledge of what President Obama would do if elected to a second term. We know he opposes everything Romney supports, but we have very little idea about what President Obama himself actually believes in.

That is because his not-so-hidden agenda is to spend more on government programs, keep pouring money into the losing ventures of green energy, and raise taxes in order to do so. For almost every question, President Obama had a government solution. For almost every question, Mitt Romney had a private-sector solution. My hunch is, though he won’t say, is that a re-elected Obama will not only run the table on more big government spending, not only try to raise taxes on upper-end successful earners, but will move towards a value-added tax. An across-the-board, European style tax would be the only way to finance President Obama’s government spending dreams.

Finally, Romney went toe-to-toe with President Obama and looked presidential every step of the way. Romney kept an even demeanor, and showed himself as a man who was in control. It was a different Romney than I saw at the convention. It was much more of the Mitt Romney that I have come to know through many interviews and personal conversations throughout the years.

He is indeed the leader of the Republican Party, and he will in fact, with his performance tonight, attract many independent voters. My hunch is that some Democrats who yearn for solutions to our nation’s problems to keep us out of bankruptcy and grow the economy will move into Romney’s camp.

And, by the way, time and again, Romney indicated his willingness for bipartisan solutions, particularly on tax reform, but also rewriting healthcare laws. At one point Romney said there were multiple ways he wanted to achieve tax reform, and he would be happy to take suggestions from the other side of the aisle. Whereas, Obama’s healthcare was all Democratic and sought no Republican suggestions.

In sum, a huge victory for Former Massachusetts Governor Mitt Romney tonight.


TOPICS: Business/Economy; Editorial; Politics/Elections
KEYWORDS:

1 posted on 10/04/2012 11:01:51 AM PDT by Kaslin
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To: Kaslin

Kudlow nails it. Obama has no principles.
Nor could he articulate them if he did.


2 posted on 10/04/2012 11:06:12 AM PDT by Buckeye McFrog
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To: Kaslin
Not ‘principled’.

Only ‘disciplined’.

3 posted on 10/04/2012 11:07:47 AM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: Kaslin

“A lethargic and at times tired looking President Obama...”

Online rumors have it that BHO2 was sent into detox the past couple months in order to get him off of cocaine. Instead, Jarrett had him injected with amphetimines just before going on stage to boost his energy onstage. By the middle of the debate, he crashed.

I don’t know if the above is true, but BHO2 physically looks awful, almost emaciated.


4 posted on 10/04/2012 11:12:11 AM PDT by SatinDoll (NATURAL BORN CITZEN: BORN IN THE USA OF CITIZEN PARENTS.)
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To: Kaslin; All
Thanks. Only one point of disagreement with Kudlow, and that is that we do have "knowledge" of what Obama's ideas are, and they are antithetical to the very foundations of the Constitution he took an oath to uphold!

Take one very clear example from his closing statement, where he identified a role of government as being the "channeling" of the efforts of individuals in the economy.

Mr. President, just who are those exceptionally-qualified person/persons who do the "channeling" and by what authority? Certainly, the authority is not to be found in the United States Constitution!

America's Founders' principle of freedom for individual enterprise brought America from the crude tools of ancient Europe to the most free and prosperous destination for oppressed peoples. See the following essay excerpted from "Our Ageless Constitution," a 292-page history of the ideas of liberty in America.

Freedom Of Individual Enterprise

The Economic Dimension Of Liberty Protected By The Constitution

"Agriculture, manufactures, commerce, and navigation, the four pillars of our prosperity, are the most thriving when left most free to individual enterprise." - Thomas Jefferson

"The enviable condition of the people of the United States is often too much ascribed to the physical advantages of their soil & climate .... But a just estimate of the happiness of our country will never overlook what belongs to the fertile activity of a free people and the benign influence of a responsible government." - James Madison

America's Constitution did not mention freedom of enterprise per se, but it did set up a system of laws to secure individual liberty and freedom of choice in keeping with Creator-endowed natural rights. Out of these, free enterprise flourished naturally. Even though the words "free enterprise' are not in the Constitution, the concept was uppermost in the minds of the Founders, typified by the remarks of Jefferson and Madison as quoted above. Already, in 1787, Americans were enjoying the rewards of individual enterprise and free markets. Their dedication was to securing that freedom for posterity.

The learned men drafting America's Constitution understood history - mankind's struggle against poverty and government oppression. And they had studied the ideas of the great thinkers and philosophers. They were familiar with the near starvation of the early Jamestown settlers under a communal production and distribution system and Governor Bradford's diary account of how all benefited after agreement that each family could do as it wished with the fruits of its own labors. Later, in 1776, Adam Smith's INQUIRY INTO THE NATURE AND CAUSES OF THE WEALTH OF NATIONS and Say's POLITICAL ECONOMY had come at just the right time and were perfectly compatible with the Founders' own passion for individual liberty. Jefferson said these were the best books to be had for forming governments based on principles of freedom. They saw a free market economy as the natural result of their ideal of liberty. They feared concentrations of power and the coercion that planners can use in planning other peoples lives; and they valued freedom of choice and acceptance of responsibility of the consequences of such choice as being the very essence of liberty. They envisioned a large and prosperous republic of free people, unhampered by government interference.

The Founders believed the American people, possessors of deeply rooted character and values, could prosper if left free to:

  • acquire and own property
  • have access to free markets
  • produce what they wanted
  • work for whom and at what they wanted
  • travel and live where they would choose
  • acquire goods and services which they desired

Such a free market economy was, to them, the natural result of liberty, carried out in the economic dimension of life. Their philosophy tend­ed to enlarge individual freedom - not to restrict or diminish the individual's right to make choices and to succeed or fail based on those choices. The economic role of their Constitutional government was simply to secure rights and encourage commerce. Through the Constitution, they granted their government some very limited powers to:

Adam Smith called it "the system of natural liberty." James Madison referred to it as "the benign influence of a responsible government." Others have called it the free enterprise system. By whatever name it is called, the economic system envisioned by the Founders and encouraged by the Constitution allowed individual enterprise to flourish and triggered the greatest explosion of economic progress in all of history. Americans became the first people truly to realize the economic dimension of liberty.


Footnote: Our Ageless Constitution, W. David Stedman & La Vaughn G. Lewis, Editors (Asheboro, NC, W. David Stedman Associates, 1987) Part III:  ISBN 0-937047-01-5

5 posted on 10/04/2012 11:15:47 AM PDT by loveliberty2
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To: Kaslin

THE END OF THE GOLDEN CALF

Most important outcome ot the debate:

This is the beginning of the end of the pretense that got Obama elected and has protected him for four long years.

Mitt showed that Barack is not an unassailable GOD but just another flawed false idol.

He pointed out that the Emporer has no clothes.

He put some blood in the water.


6 posted on 10/04/2012 11:21:37 AM PDT by Iron Munro (A bisexual Muslim is one who owns both a camel AND a goat.)
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To: SatinDoll
Instead, Jarrett had him injected with amphetimines just before going on stage to boost his energy onstage. By the middle of the debate, he crashed.

Next time, try Five Hour Energy....


7 posted on 10/04/2012 11:25:24 AM PDT by Buckeye McFrog
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To: Buckeye McFrog

Obama has no principles...

He has SOME principals, not the least of which is his aversion to the capitalist system. I was struck by the number of times, last night, that Obama decried the obscene “profits” accrued by practicers of that system.

I gathered, that Obama is not in favor of profit, thus, an enemy of the American system.


8 posted on 10/04/2012 11:35:23 AM PDT by Paisan
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To: loveliberty2

Thanks for another great post


9 posted on 10/04/2012 11:37:16 AM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: SatinDoll

Who is BHO2


10 posted on 10/04/2012 11:41:07 AM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Kaslin

Barak Hussein Obama II - BHO2.


11 posted on 10/04/2012 3:51:32 PM PDT by SatinDoll (NATURAL BORN CITZEN: BORN IN THE USA OF CITIZEN PARENTS.)
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To: Iron Munro

Baraq, crippled by high altitude and a carton of Newports.

No match for Chainsaw Mitt, LOL.


12 posted on 10/04/2012 3:55:04 PM PDT by nascarnation (Defeat Baraq 2012. Deport Baraq 2013)
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