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Discussion 22 : 02 Nov 2012 at 02.5422
Khun Pointman #21, man, you're the ultimate die-harder. Because of Hurricane Sandy, polling has stopped until today (11/1/12), and here what I've found.
Iowa: Romney 49% vs Obama 48% (Rasmussen)
Ohio: Romney 49% vs Obama 46% (Citizen United)
Wisconsin: Romney 49% vs Obama 47% (Rasmussen)
Colorado: Romney 49% vs Obama 47% (Rasmussen)
National: Romney 49% vs Obama 47% (Rasmussen)
PS: Gallop will begin polling today.Discussion 21 : 01 Nov 2012 at 08.1621
It's simply amazing how die-hard conservatives under any circumstances, will claim Mr. Romney will wim the United States, Presidential Election. The truth is, the only poll Mr. Romney leads in is the Gallup poll and that poll is conducted by Republican conservatives. President Obama will win this election and United States, ties with Thailand, will improve.
Discussion 20 : 31 Oct 2012 at 18.1320
It is not a crime for corporations to have money in the bank. I feel there are almost accusations here of tax evasion. Not all this money being talked about is untaxed revenue profit. These companies have stock listings abroad and have raised capital abroad. In many cases local taxes have been paid and there may be special arrangements between government and corporation. To try and repatriate this money and then tax it at the going rate is not going to happen and would certainly do damage to Corp USA. The tax system needs to be addressed globally, not by each country trying to encourage company registration by lowering their rates. bpposter#16 your proposal of VAT in favour of income tax will disproportionately hit those that can afford it least.
Discussion 19 : 31 Oct 2012 at 12.0619
Romney says that he will lower the national debt by reducing taxes and increase military spending. Talk about fairy tale economics, even a layman can see those figures don't add up.
I came across an interesting headline from the New York Times. 'Let Detroit go Bankrupt' Mitt Ronmey - 18/11/08. Just think, if he had been president at that time the Japanese car industry would have had a bonanza keeping up with the US demand. Thai auto workers would now be working 24 hour shifts just to make the orders. Yes Ronmey could be good for Thai industry, providing of course that Americans are not all unemployed and have some excess money to buy a car.Discussion 18 : 31 Oct 2012 at 08.0718
Khun Pointman #17, banks makes money when they lend money, but the US banks are not doing that, but continue to receive "free money" from Uncle Sam. And with the current economic climate, who could blame them. And did you know that the fuse of what later to become 2007 Financial Crisis was lit by Bill Clinton way back, when he deregulated the banking regulation. GWB was on the record warning Democrat's controlled Congress to tight up lending rules but to no avail a full 2 years before it happened. And keyed Democrats like Barney Frank and Chris Dodge were on the record discrediting GWB's warning. They are no longer seeking reelection.
Discussion 17 : 31 Oct 2012 at 07.2717
Disc 15, Spiceman: U.S. banks aren't broke. In a lot of cases, U.S. banks have paid back government bailout money and are running a profit. Chrysler just announced an 80% profit and the American auto-sector is on its way to a full recovery. U.S. oil production has drastically increased. There's talk, the United States, will become the world's leading oil producer. GWB spent money like a drunken-sailor and got the United States economy in deep-trouble. Do you really believe Mr. Romney is for the "common-good," of all the people? Do you really believe the American people want involved in war? The truth is, President Obama took over an economic mess and has done a remarkable job getting the United States, back on the road to recovery. President Obama has also, improved U.S. ties with Asia and Europe. President Obama will win this election.
Discussion 16 : 31 Oct 2012 at 07.1716
RE: D14 Khun Chinagirl. Just so you know that almost all multinational companies do in fact hold vast sums of money that was earned abroad out of the USA as the current tax system requires them to pay US Corp Tax rates on that money as soon as they bring it home. As these tax rates are the second worlds highest this has the effect of encouraging those corporations not to bring the money home but to instead keep it employed in foreign countries. This practice is used by all fortune 500 companies and is a massive sum. Think of Apple,Microsoft,PG,GM,Ford,Coke,and the list is massive. This brings a quandary as to how to encourage those companies to bring those profits home (to be taxed)and how to at the same time encourage those firms to invest more in the USA ( to create jobs) Neither party has proposed an effective formula to do this and in fact both parties proposals seem to exasperate the problem rather than address the real problem. But I believe the answer lies in tax reform and a plan for more government revenue from a VAT tax and less dependence from revenue on income taxes. I do not think either candidates success will have much effect on Thailand for a long time.
Discussion 15 : 31 Oct 2012 at 05.2915
Chinagirl #14, "some sectors like US banks are broke?" Who do you think have been the main recipients of the never-ending Govt bailouts? If a US President like Obama can operate outside the US Constitution, to pick & choose, winners, like bankrupted Solyndra, A-123, and still losing money GM & Chrysler, and losers, like coal mines, oil companies, churches, and other non-profit charitable organizations, it is the beginning of the end for the USA. The USA is not supposed to be about any one person, but for the common good of all the people, as written in the US Constitution, which President Romney promises to return the country to.
Discussion 14 : 31 Oct 2012 at 04.4814
Spiceman, I think you will find that the companies you refer to class themselves as International, originating from the US yes, but operating differently in line with other Multinationals. Don't believe that these companies pay the headline rate of tax in any country, they don't have to. Yes, I know what US tax rates are, but anyone close to corporate finance will tell you these levels do not reflect what is actually paid. It is wrong to say that all US companies are holding large cash sums abroad, if only that was true. Some sectors, like US banks are broke. As for your rants on Obama, do you really believe he has that much personal autonomy over policy decisions? Influence sure, but nothing close to your assertions.
Discussion 13 : 31 Oct 2012 at 03.3713
The Anti Yingluck protesters will consider that and act of disloyalty against the Pheu Thai regime of Yingluck Shinawatra, her Pheu Thai Corruptors, and her Red Shirt accomplices for commiting a crime.
