VA Store Owner Mourns Obama Reelection, Closes Store For a Day

Tuesday’s presidential election result caused a Virginia jeweler to close his store for a day.
(Photo – WDBJ7.com)

After Tuesday night’s election outcome, R.T. Lyons, a grief-stricken jeweler in Bedford, Virginia, chose not to open his store the next day. He taped signs to his store windows explaining why

BEDFORD Va.—
The owner of a Bedford jewelry store is explaining his decision to “mourn” the outcome of Tuesday’s Presidential election.

R.T. Lyons, owner of Lyons Jewelry, closed his business Wednesday and posted signs in his windows that read: “Closed to mourn the loss of the America that our forefathers endowed to us.”

I just didn’t feel like coming to work,” Lyons said Thursday. …

Lyons said he was experiencing feelings of grief. He believes Barack Obama’s second term will bring an end to capitalism in the United States and ultimately hurt his business.

Lyons said he believes the President is trying to undermine the principals of free enterprise that were established by America’s founding fathers. He worries that Obama will raise taxes on the wealthy people who patronize his jewelry store.

“I’m in the luxury business,” Lyons said. “I deal with more expensive items.”

Although he didn’t support Obama in 2008, Lyons said he was hoping the President could be successful. He was “excited” about the possibility of a Romney presidency, due to the Republican candidate’s background in business.

I’m sure people who are community organizers are excited (Obama) is in the White House,” Lyons said. “I was thinking I would be excited about a businessman in the White House.”

Lyons said his decison to close was not a ploy to attract attention to his business.

I didn’t want to be happy and wait on people that day,” said Lyons. “I think I was in a period of mourning yesterday and it was good for me. I went through the process. I don’t know how many steps there are, but I went through them yesterday.”

Mr. Lyons, we can relate.

UPDATE – ‘The Mourning After’ Man flies flags half-staff after election

Follow Jayde Wyatt on Twitter @YayforSummer

Governor Romney Supports Women in Business & Leadership

By Dorothy Price Hill & Mary Smith

As we progress through October, we wish to acknowledge “Women’s Small Business Month” and to honor women for their contributions to the US economy. Governor Romney believes that economic prosperity and freedom go hand in hand. He recently stated,

Dorothy Price Hill

“The most successful countries shared something in common. They were the freest. They protected the rights of the individual. They enforced the rule of law. And they encouraged free enterprise. They understood that economic freedom is the only force in history that has consistently lifted people out of poverty – and kept people out of poverty.”

With this in mind, we will discuss legislative achievements that have propelled women to be a dynamic and vital part of the US economy. Additionally, we will discuss women-owned businesses from a legislative perspective. Governor Romney will ensure women (including millions of working mothers) continue to thrive and be a vital force in our economy’s recovery and we will identify challenges faced by women owned businesses.

Mary Smith

When considering the Presidential choices before us, it is important to note that past behavior is the greatest predictor of future behavior. In this regard, President Obama is the antithesis of Governor Romney. The current President has expanded government, increased the deficit and proposed higher taxes which would further cripple America small businesses. Since President Obama became President, gas prices have increased, household incomes have fallen and more Americans have sunk into poverty as well as experienced first-time foreclosure of their only home (or have already completed the foreclosure process). Worse yet, he has added over $5 trillion in new debt to our Federal budget deficit and lacks the leadership to bring our government back from the edge of this fiscal cliff. In 2009, small businesses represented 99.7% of all employers in the United States. Think about your local florist, the daycare center and the automobile repair center. These business owners are increasingly concerned about the Federal and State deficits, the burdens of corporate taxes and the Obamacare Federal healthcare mandate.

Quoting Andrea Saul, Governor Romney’s Press Secretary, “Thanks to President Obama’s imaginary recovery, the median earnings for women declined by nearly $1,000. And the poverty rate among women is 16.3% — the highest rate in 17 years.” And as CNN Money stated, “The ‘mancession’ has morphed into the ‘hecovery,’ leaving women workers largely in the dust.” Make no mistake about it — women are worried. And they’re not just worried about themselves — they’re worried about their children’s future. They don’t want them to be saddled with debt from our generation, which has surpassed a record-high $16 trillion. This isn’t the recovery we deserve — and it’s a not a real recovery if it means that women have to take on two or three jobs just to afford to put gas in their cars and food on the table.”

Impromptu meeting October 8, 2012
(Photo credit unknown)

Unlike President Obama, Governor Romney gets it: women drive the US economy. His pro-growth, pro-women plan for a stronger (and rebounding) middle class means more jobs, more take-home pay, and better opportunities. Governor Romney has devoted his entire life since business school and law school supporting successful ventures and advising businesses on transformation. As Governor of Massachusetts, he led by example embracing diversity and seeking the most qualified candidates for his cabinet and executive offices. In Governor Romney’s acceptance speech for the Republican nomination, he stated, “As governor of Massachusetts, I chose a woman lieutenant governor, a woman chief of staff, half of my cabinet and senior officials were women, and in business I mentored and supported great women leaders who went on to run great companies.” His proposals for his Presidency include reducing government spending and creating a business-friendly environment which will provide opportunity for prosperity and success. Without prosperity and success coupled with tackling the budget deficit, future generations of Americans will be doomed.

Legislative Perspective

We will discuss two key pieces of legislation that have positively and profoundly impacted women and the economy. As we embark on this new century, it is important to reflect on the accomplishments that women in business have achieved. On October 25, 1988, Republican President Ronald Reagan signed Public Law (PL) 100-533 “The Women’s Business Ownership Act”. Highlights of this bill included:


Click here to read more

Clinton Global Initiative: Romney Tackles Futile Foreign Aid, Stop Handouts, Give a Hand UP

GOP presidential candidate, former MA Governor Mitt Romney appears on stage with former Pres Bill Clinton at Clinton’s Global Initiative Convention in New York City. Sept 25, 2012 (Photo – Evan Vucci/AP )

Today, Governor Mitt Romney and former President Bill Clinton walked across a stage, side-by-side, to stand together at a lectern before a large crowd. The meeting of the 8th annual Clinton Global Initiative in New York City had begun; Romney was about to speak. Yes, the guy who saved Obama’s bacon at the Democratic National Convention offered kind introductory words for Obama’s opponent, Mitt Romney (see link in next paragraph).

Before getting to the meat of his remarks, Governor Romney began with some humor. After Clinton’s intro, Romney quipped “If there’s one thing we’ve learned this election season, it’s that a few words from Bill Clinton can do a man a lot of good… After that introduction, I guess all I have to do is wait a day or two for the bounce.” (To see Bill Clinton’s introduction and Romney’s good-humored joke click here.)

Drawing from his years of experience in the private sector, Romney offered a fresh, new look at the issue of futile foreign aid. He tied the efficacy of foreign aide to the power of free enterprise: “…[E]conomic freedom is the only force in history that has consistently lifted people out of poverty – and kept people out of poverty.”

In his speech, Romney noted the difference freedom makes in creating prosperous societies:

When I was in business, I traveled to many other countries. I was often struck by the vast difference in wealth among nations. True, some of that was due to geography. Rich countries often had natural resources like mineral deposits or ample waterways. But in some cases, all that separated a rich country from a poor one was a faint line on a map. Countries that were physically right next to each other were economically worlds apart. Just think of North and South Korea.

I became convinced that the crucial difference between these countries wasn’t geography. I noticed the most successful countries shared something in common. They were the freest. They protected the rights of the individual. They enforced the rule of law. And they encouraged free enterprise. They understood that economic freedom is the only force in history that has consistently lifted people out of poverty – and kept people out of poverty.

Romney’s excellent speech:

Romney’s foreign aid plan wouldn’t be just handing out aid packages; he believes in providing a hand UP, not a hand out to needy nations, which would improve people’s lives around the world and be a step toward making the world a safer place for Americans. He continued to extol the virtues of assistance programs that unleash free enterprise, resulting in more durable prosperity:

A temporary aid package can jolt an economy. It can fund some projects. It can pay some bills. It can employ some people some of the time. But it can’t sustain an economy—not for long. It can’t pull the whole cart—because at some point, the money runs out.

But an assistance program that helps unleash free enterprise creates enduring prosperity. Free enterprise is based on mutual exchange—or, rather, millions of exchanges—millions of people trading, buying, selling, building, investing. Yes, it has its ups and downs. It isn’t perfect. But it’s more durable. It’s more reliable. And ultimately, as history shows, it’s more successful.

Romney introduced the idea of ‘Prosperity Pacts’, encouraging microfinance, and more:

Romney said he would negotiate trade agreements and offer “prosperity pacts” in the Middle East and other developing nations to encourage open markets in exchange for U.S. aid. “The aim of a much larger share of our aid must be the promotion of work and the fostering of free enterprise,” Romney said.

In a reflection of his policy on welfare in the United States, Romney said work is the key to lifting people out of poverty abroad by providing self-esteem and a grounding in reality instead of fanaticism.

Read the transcript of Romney’s speech here ——> (more…)

Private Equity Deceptions?

Bewildered or Deceptive?

The failure of President Obama and his advocates, including the mainstream media, to understand economics 101 is distressing to say the least. Whether it is intentional duplicity, guile, or dishonesty on his part, or just plain ignorance because he doesn’t understand – it is disconcerting and frightening that our President would be so irresponsible as to lead American’s astray from truth!

Recent attacks against free enterprise and private equity by Barack Obama and his apologists are the tip of the iceberg and reflect an underlying agenda that is alarming. Even so, let’s address the attacks with substance and truth. The attacks are seeking to vilify the free enterprise system, private equity investors, and specifically Mitt Romney because of his business success. Barack Obama wants to disparage those who have been successful in business and fails to realize that rising tides float all boats. It is the foundation for his class warfare argument! Truth is, if we do not have a successful free enterprise system, no one, and I mean no one benefits. If we disrupt the balance and supplant the free enterprise system with government, we all lose and the middle class will disappear – in fact, we will elevate the impoverished. It is in our free enterprise system, and it’s success, that we overcome poverty. Why else have we seen nations around the world, even socialistic and communistic nations, adopt free enterprise? Within this context, free enterprise and private equity are synonymous.

Private equity in its simplest form is the foundation of free enterprise and economic markets. Anyone who invests capital directly into a business with a hoped for economic return is engaged in some form or degree of private equity. Whether you are Mark Zuckerberg of Facebook, the owner of a small business selling jewelry out of your home, or a large private equity fund, you invest time and capital into building a business and making it successful – this is basis for the private equity markets. Interestingly, you may not even be aware that you are a private equity investor. If you have pension or retirement funds (IRA or 401k) and are invested in the debt or equity markets, you are participating in private equity investments in one form or another; if you have donated to a charity or not-for-profit you may be, tangentially, a private equity investor; it is only a matter of degree. Private equity investors are individuals, pension funds, charitable funds, educational foundations, governments, corporations, etc., each of whom provide capital to build and sustain free enterprise markets and businesses. That said, no one invests their money with an expectation to fail, only to succeed; and success comes with sustainability and a return of capital and then some. The role of government is not to constrain these markets, but to encourage and expand them. For in such we see the ‘private equity multiplier effect.’ The ‘private equity multiplier effect’ is most easily seen in job creation, wealth creation and innovation.

Mitt Romney creates billions of dollars for others

Mitt Romney’s self-made business successes have come under attack from President Obama. We read that his success has created personal wealth estimated at $350+ million. What isn’t discussed are the billions of dollars of wealth created for so many others. What Mitt Romney garnered in wealth from his business success is nominal compared to what he has created for so many others, including pension fund and retirement accounts for many Americans, charities, employers, employees, individual investors and shareholders, and businesses. If one understands the multiplier effect of wealth creation, this means that in his career, Mitt Romney has had a profound and extended impact in the lives of innumerable Americans – far beyond the 100,000 jobs created in and as a result of his work.

The President of the United States has available to him the full resource of the United States. He has access to the brightest and most capable economic minds on the planet, and yet he doesn’t understand basic economics? He doesn’t understand the private equity multiplier effect? Or, he does and deliberately seeks to misinform the public? Either way, it is irresponsible and/or dishonest! The President of the United States is held to a higher standard. As a people we entrust him with the burden of care and stewardship to lead with integrity. We trust him to put country above self, and not subordinate American’s to ignorance, deception and deceit for personal power or position. He has a sacred trust and stewardship to lead with integrity and truth. This is a standard that all who have been elected to public office must abide. Even so, many don’t, and neither is this President.

It has been said that the fear of losing the office of POTUS is greater than the want to secure it; and it is becoming more and more apparent that Barack Obama, and those who advocate for him, are willing to abandon truth and integrity in an effort to preserve power and position. Their want for power and position, and willingness to do whatever it takes to preserve it, is frightening given the agenda they hold to neuter and undermine America’s divine exceptionalism and freedoms.

Fundamental to America’s economic strength, and consequentially our freedom, is our adoption of free enterprise and “free markets”. Free enterprise embodies the principles espoused in our Nation’s founding documents, wherein we are empowered with the agency to choose and act, within the bounds of nature’s law. In free enterprise, we act on principles embodied in such and granted by “nature’s God”, the unalienable rights to life, liberty and the pursuit of happiness.

Barack Obama should be ashamed!


A new book by David Parker

_______________________
“When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.” Declaration of Independence
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

Romney Op-Ed: To Preserve Free Trade China’s Cheating Must End


Radio commentator Laura Ingraham was right when she said: “Without a doubt, the most forceful commentary about China cheating on trade, the effects on the U.S. economy, and holding China accountable have come from Governor Romney.

Romney continues to speak out on USA trade inequities with China. Here’s part of his op-ed published yesterday in the Washington Post:

China must respect the free-trade system

The feckless economic policies of the Obama administration have resulted in a 10 percent decline in our median income, persistent unemployment above 8 percent and collapsing home and asset values.

Understandably, some ask whether we should abandon the economic principles behind our historic prosperity. Should government redistribute wealth? Is free enterprise a flawed system? Should we abandon free trade? No, no and no. Redistribution is what once impoverished China and the Soviet Union. Free enterprise is the only permanent cure for poverty. Free trade has the demonstrated ability to make the people of both trading nations more prosperous.

But for free enterprise and free trade to work their magic, laws and rules that guide the participants are essential to prevent distortions and abuses. If the rules are modern and dynamic, enterprise can thrive. If they are burdensome and antiquated, enterprise will stall. For rules to be effective, of course, all players must abide by them. The incentive to cheat can be enormous. So is the harm that cheating can cause.

China is a case in point. Having embraced free enterprise to some degree, the Chinese government and Chinese companies have quickly divined the benefits of ignoring the rules followed by others. China seeks advantage through systematic exploitation of other economies. It misappropriates intellectual property by coercing “technology transfers” as a condition of market access; enables theft of intellectual property, including patents, designs and know-how; hacks into foreign commercial and government computers; favors and subsidizes domestic producers over foreign competitors; and manipulates its currency to artificially reduce the price of its goods and services abroad.

The result is that China sells high-quality products to the United States at low prices. But too often the source of that high quality is American innovations stolen by Chinese companies. And the source of those low prices is too often subsidies from the Chinese government or manipulation of the Chinese currency.

Some argue that access to quality goods at low prices is good for our consumers. But like the predatory pricing prohibited under our antitrust laws, China’s underpriced products lead to an undesirable and inefficient elimination of competing businesses, with serious long-term consequences. And in this case, the businesses killed are often our own. Meanwhile, American companies do not even get the supposed benefit of the free-trade bargain: When they try to do business in the Chinese market, they find policies designed to shut them out.

Candidate Obama talked tough about China’s trade policies; President Obama has whispered about them. China smiles, diverts attention by criticizing the United States and merrily continues to eat our economic lunch. Who can blame the Chinese for ignoring our timid complaints when the status quo has served them so well?

Actually doing something about China’s cheating makes some people nervous. Not doing something makes me nervous. We are warned that we might precipitate a trade war. Really? China is selling us $273 billion per year more than America is selling China — why would it possibly want a trade war?

And what is the alternative to confronting China? It is allowing the Chinese to take by trade surrender what we fear to lose in trade war.

(emphasis added )

CONTINUE reading here.

► Jayde Wyatt

California: Romney Raises Cash, Talks Jobs & Economy


Mitt Romney has been in The Golden State for the last couple of days…

On Friday (9/16/11), weight-loss maven Jenny Craig held a breakfast reception at her Carlsbad, CA home for Governor Romney:

Former Massachusetts governor Mitt Romney is hosting a slim fundraiser on Friday — a breakfast reception at the home of Jenny Craig, “featuring Jenny’s special oatmeal pancakes.” Sounds healthy! But Waffle House CEO Joe Rogers and the founders of Panda Express are Romney backers too, so he’s probably going to binge later.

Saturday morning, another fundraising breakfast was held for The Gov at the home of James and Kristine Maxwell in Fresno, CA. Afterwards, a meet-and-greet was held for him by Richard and Karen Spencer at Harris Construction in Fresno. He also paid a visit to Bakersfield, CA.

Mitt Romney makes fundraising stop in Fresno - Shannon Handy

Mitt Romney arrived to a Northwest Fresno home early Saturday morning accompanied by Meg Whitman. Last year, she lost to Democrat, Jerry Brown in the California governor’s race.

After making their way inside Romney greeted more than 300 people who each paid 500 dollars to eat breakfast and hear him speak.

Richard Evans said, “It was a great message. Encouragement. He’s excited about the country. He loves America and that’s what we need in a president.”

Guests tell Action News Romney talked about the importance of free enterprise and putting people back to work.

The former Massachusetts governor spent years working in the private sector and often touts his role in creating thousands of jobs.

Jill Bechard said, “I thought his message was right on target. I’m a business woman, I run a credit union and we just need folks back there in Washington to understand that they’ve got to free up the business community and that’s what he was talking about.”

Continue reading here.

As stated in the video, Rick Perry was in Fresno last week for a fundraiser. Here’s how it went:

By the accounts of a few who attended, Texas governor and Republican presidential hopeful Rick Perry was impressive at his Downtown Club fundraiser last week. The problem was hardly anybody attended — and that, obviously, isn’t good when the event is a fundraiser.

Two who attended put the number at less than 40, and that counts some who came for free and others who were part of the event.

(emphasis added to articles)

► Jayde Wyatt