Democalypse 2012 - Vague Against the Machine - Romney's Wizardry

  • Aired:  10/09/12
  •  | Views: 30,706

Mitt Romney promises to reduce America's national debt by cutting taxes, closing unspecified tax loopholes and building military equipment the Pentagon doesn't want. (3:23)

DON'T THINK I WOULD WANT TO

TAKE.

ROMNEY, WHAT ARE YOU CUTTING?

ANYTHING?

>> OBAMACARE ADS TRILLIONS TO

OUR DEFICITS AND TO OUR NATIONAL

DEBT.

I WILL REPEAL OBAMACARE.

>> Jon: ALL RIGHT.

THAT'S SOMETHING.

AND WHILE THE STATEMENT

"OBAMACARE ADDS TRILLIONS TO OUR

DEFICIT AND TO OUR NATIONAL

DEBT" IS A LIE!

(LAUGHTER)

IT'S A COMPLETE LIE.

(LAUGHTER)

THE POINT IS IT'S GOING.

WE HAVE AN IMMORAL DEBT.

WHILE COVERING PEOPLE WITH

PRE-EXISTING CONDITIONS AND

KEEPING PEOPLE ON THEIR PARENT'S

HEALTH INSURANCE IS POPULAR,

CUTS HAVE TO BE MADE.

>> THERE ARE A NUMBER OF THINGS

THAT I LIKE IN HEALTH CARE

REFORM.

ONE IS TO MAKE SURE THAT THOSE

WITH PRE-EXISTING CONDITIONS CAN

GET COVERAGE.

TWO IS TO ASSURE THAT THE

MARKETPLACE ALLOWS FOR

INDIVIDUALS TO HAVE POLICIES

THAT COVER THEIR FAMILY UP TO

WHATEVER AGE THEY MIGHT LIKE.

>> Jon: SO YOU'RE REPEALING

OBAMACARE BUT YOU'RE KEEPING THE

GOOD PARTS OF HEALTH CARE,

SOCIAL SECURITY, AND MEDICARE

FOR CURRENT SENIORS AND YOU'RE

GOING TO KEEP THE EMPLOYMENT AND

YOU'RE GOING TO CUT TAXES BY 20%

AND BUILD MORE SUBMARINES AND

DESTROYERS THAT THE PENTAGON

DOESN'T WANT AND TACKLE OUR

IMMORAL DEBT AND DEFICIT.

I'M GOING TO ASK YOU A QUESTION.

LET ME SEE IF I GOT IT HERE.

AS AN AMERICAN VOTER-- AND I

THINK THIS IS IMPORTANT-- ARE

YOU A WIZARD?

(LAUGHTER)

(CHEERS AND APPLAUSE)

DO YOU KNOW OR HAVE YOU EVER

CAPTURED A LEPRECHAUN?

(LAUGHTER)

IS THERE A GOOSE IN YOUR HOUSE

WHOSE EGGS ARE GIGANTIC AND

UNLIFTBLY HEAVY IN?

BECAUSE IF NOT, YOU'RE LYING!

(LAUGHTER)

>> LET'S GET RID OF THE

LOOPHOLES, DEDUCTIONS, SPECIAL

DEALS SUCH THAT WE'RE ABLE TO

PAY FOR THE REDUCTIONS.

>> Jon: OH, THAT'S HOW YOU'LL

PAY.

CLOSING LOOPHOLES.

LET'S DO IT.

WHAT ARE WE STARTING WITH?

MORTGAGE INTEREST AND CHARITABLE

DONATIONS?

THAT'S $150 BILLION A YEAR IN

THE GOVERNMENT KITTY.

>> I WANT TO MAKE SURE YOU

UNDERSTAND, FOR MIDDLE INCOME

FAMILIES THE DEDUCTIBILITY OF

HOME MORTGAGE INTEREST AND THE

CHARITABLE CONTRIBUTIONS, THOSE

THINGS WILL CONTINUE.

(LAUGHTER)

>> Jon: KITTY STILL HUNGRY.

HOW ABOUT THE CAP AL GAINS

LOOPHOLE THAT LOWER TAX RATE ON

INVESTMENT INCOME.

THAT'S $71 BILLION AYEAR,

GIVEAWAY TO 1%ERS IF THERE EVER

WAS ONE.

>> ONE OF THE REASON THAT IT'S

LOWER IS BECAUSE CAPITAL HAS

ALREADY BEEN TAXED ONCE AT THE

CORPORATE LEVEL.

AS HIGH AS 35%.

I, SO I YOU THINK IT IS FAIR?

>> YEAH, I THINK IT'S THE RIGHT

WAY TO ENCOURAGE ECONOMIC

GROWTH.

>> IN FACT, ROMNEY HASN'T

SPECIFIED A SINGLE (BLEEP)ING

DEDUCTION!

TEN LARGEST CURRENT INDIVIDUAL

TAX BREAKS TOTALING $4842

BILLION A YEAR FOR ELIMINATION,

NOT ONE.

DUDE COULDN'T BE MORE VAGUE IF

HE WERE AN HBO SEASON FINALE.

BOOM!

BOOM!

(CHEERS AND APPLAUSE)

TAKE THAT "HUNG" SEASON 3.

(LAUGHTER)

HOW COULD HE THEY NOT LET US

KNOW WHAT RAY IS G

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