August 6th, 2012
07:58 PM ET
2 years ago

Obama debuts 'Romney Hood'

(CNN) – Legendary outlaw Robin Hood has suddenly assumed a featured role in the 2012 presidential campaign.

Adding a new attack line on Monday to his stump speech, the president railed against rival Mitt Romney's tax proposals, saying they amount to "Robin Hood in reverse."

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"It's Romney Hood," the president added to loud applause from 500 supporters in a Stamford, Connecticut ballroom.

Obama's campaign isn't yet indicating whether the "Romney Hood" line will remain part of the president's stump speech.

The comments were in reference to a recent report from the non-partisan Tax Policy Institute that claims Romney's tax proposals are likely to result in a net tax increase of $2,000 for middle-class wage earners while cutting hundreds of thousands of dollars from the tax bills of the country's most wealthy.

"He'd ask the middle class to pay more in taxes so he could give another $250,000 to those making more than $3 million a year," Obama also said at the event. The Romney campaign has disputed the study, arguing that the analysis was flawed because it did not account for additional revenue that would result from a reduction in the corporate tax rate - another part of the candidate's plan.

The event was the first of two fund-raisers for the president in Connecticut Monday. Obama is expected to raise more than $2 million from both events combined.

Romney spokesman Ryan Williams responded to the president's remarks in a statement, calling the attacks false.

"President Obama recently said the biggest regret of his first term was not telling better stories. He's trying to make up for it now, but his stories just aren't true," Williams wrote. "There's only one candidate in this race who's going to raise taxes on the American people – and that's Barack Obama. While he's used taxpayer dollars to grow government and reward his donors, middle-class Americans have seen fewer jobs, lower incomes, and less hope for the future. Mitt Romney has a plan for a stronger middle class – and, unlike President Obama, a record of accomplishment behind it."

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Filed under: 2012 • Mitt Romney • President Obama
soundoff (537 Responses)
  1. Bonnie

    No mention of how deep in muck and mire the Bush administration left the nation in the eight years he ruled the roost. So, sure, let us elect another Bush to finish us off! I fear we are doomed to repeat the terrible eight years that George Jr. (Chaney) served as president. I for one do not want my pockets picked any further. President Obama inherited a mess. God Bless Him and the USA.

    August 7, 2012 11:43 am at 11:43 am |
  2. v_mag

    The Romney-hood line is cute and all, but the line of attack they should take is to equate Romney with George W. Bush. Romney is endorsed by all the Bushes. He has aligned himself with the failed Bush regime, including the Dark Lord Cheney. He will re-institute all the failed Bush policies, including starting a needless and world-threatening war with Iran. For all practical purposes, Romney = Bush = disaster.

    August 7, 2012 11:43 am at 11:43 am |
  3. orlop

    How can you steal from the poor when they pay no taxes? Or is he calling the middle class poor? If that is the case then we need to raise the government measure of the poverty income rate. I hope that people are smart enough to smell BS

    August 7, 2012 11:46 am at 11:46 am |
  4. bobington

    I love when people show their intelligence by coming up with cute names for things. "Romneyhood". Thats so cute Mr. president, now go back to the 8th grade where names like that are used by those equal to you in intelligence.

    August 7, 2012 11:47 am at 11:47 am |
  5. Ol' Lefty

    Willard keeps saying he has a plan. Well, like his tx returns, it remains secret. We'll just have to trust him and wait until next year to see what his plan is. I doubt we'll ever see the tax returns.

    August 7, 2012 11:50 am at 11:50 am |
  6. G D

    Romney-hood isn't a neighborhood I could live in. Mr. Obama has not achieved a fraction of what I'd hoped, and were it that Gary Johnson actually had a chance in this system. But, since we have what we have, it's back down to the choice of two less-than-perfects. One (Romney-hood) that has a dismal truth rating on all the major fact checking sites, and the other that tells the truth more, but frankly hasn't accomplished the mission he's had 4 years to do.

    August 7, 2012 11:50 am at 11:50 am |
  7. falcon615

    ackvt: And, by the way, $250K and higher isn't rich, it isn't what it used to be. $500K annual income and $10 Million+ in assets is rich, anything less is middle class, maybe upper middle but certainly not rich.
    ______________________________________________________________________________________________

    Funny, this is like Jon Stewart on Daily Show. When Fox "experts" and anchors were talking about teachers, 50K was too much. They are overpaid. They should do their part and take pay cuts. They should make do with less money, 36-40K is fair. Yet when CEOs spent bonuses they hadn't received, it as an outrage, they were due that money. 200K is needed to put a child through college. The majority of Americans can no longer make do with 1 job. With union dismantling and right to work becoming more prevalent, workers have to do more for less.

    Since the 70s, the gap between workers and the rich has grown astronomically. So sure, for those wealthy, 250 isn't much. For the average worker it is. I read one study (wish I had it available to reference) that if minimum wage had kept pace with the rate of growth of the wealthy, minimum wage would be $23/hr.

    I agree costs are up. Colleges are ridiculouly expensive. Cheap cars are thousands more than they used to be. Gas is up. Yet wages arent. Based on cost of living, 250K isn't super rich. But people are struggling to get by on much, much less. And as you point out COLA is up. Unless more money ends in the hands of the working, things can get really bad. But they certainly cannot afford Romney's tax increases letting those making 250K pay less...

    August 7, 2012 11:53 am at 11:53 am |
  8. Tired of talking

    Name calling....it's REALLY SAD what it means to be President nowadays. It's one thing to talk to what your opponent has done or beleives in, but name calling. (1) you sound like my 6 yr old (2) if you want to be a great president, act like it (3) be a leader...not a speaker.

    August 7, 2012 11:53 am at 11:53 am |
  9. IRONMAN57

    CNN -Failure of Obamas polices is not an option overr the next 4 years.

    August 7, 2012 11:55 am at 11:55 am |
  10. DC Johnny

    Regardless of whether you believe cutting taxes on the wealthy will or will not create jobs, one thing is certain: increasing taxes on the wealthy will not create jobs.

    This administration has made it the number one priority to stick it to the wealthy, and to small businesses along with them.

    There is no evidence whatsoever that taking wealth out of the hands of the private sector adds jobs. On the contrary, just about every economist will tell you differently, rightfully so. It's common sense.

    The Liberals in power want you to argue with me. They want you brainless. They want you standing up and arguing against Conservative voices that the rich don't need the tax breaks.

    The revenue generated from the tax hikes on the wealthy amount to a drop in the bucket. They won't impact the budget, the deficit, or the out of control debt situation. It's all simply for a moral victory against the capitalist enemies, to give the base something to cheer about.

    Think about that. Why are you celebrating the taking of wealth from your neighbor? It doesn't add to your pocket. It won't be used to better your life. Like I said, it's a drop in the bucket.

    But go on, argue with me. Cheer for your fearless leader and his great accomplishments. It amounts to so much. It really does. Bravo, Obama.

    August 7, 2012 11:56 am at 11:56 am |
  11. vowel movement

    wow – is this all the Harvard / Colombia charlatan can come up with?

    a juvenile incompetent

    August 7, 2012 11:58 am at 11:58 am |
  12. dlmcc1010

    I will weigh in on this as someone who considers himself a Republican. The Bush tax cuts need to expire, no question. Theyre not going to do much to help the economy. At the same time, government spending needs to drastically be cut. Otherwise you can raise taxes all you want on these guys but they wont solve a thing. The government is relying way too much on borrowed money and it will eventually hurt us badly.

    August 7, 2012 11:58 am at 11:58 am |
  13. Malory Archer

    bobington

    I love when people show their intelligence by coming up with cute names for things. "Romneyhood". Thats so cute Mr. president, now go back to the 8th grade where names like that are used by those equal to you in intelligence.

    ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

    Did you feign this much outrage over the "Debbie Spend-it-now" ads in 2010? No of course not – IOKIYAR. The rethugs are nothing but a bunch of crybabies and hypocrites.

    August 7, 2012 11:59 am at 11:59 am |
  14. Dean

    Do you know the park in NYC that the Wall Street protesters occupied?

    It's Zuccotti Park .

    Did you know this park is NOT owned by the city of New York ?

    It's owned by Brookfield Properties.

    Brookfield Asset Management received an Obama Department of Energy Loan guarantee of over $160 million within 10 days of approving the take over of the Park.

    Brookfield is a Canadian company with assets of 70 billion. Google it It's all on their website – and WHY is the US Taxpayer guaranteeing a loan to a VERY wealthy Canadian company?!?!

    Who was just hired by Brookfield Properties as an attorney?

    Vice President Joe Biden's son.

    Who sits on the board of Brookfield Properties?

    NYC Mayor Bloomberg's live in girlfriend.

    Now, guess what company just received some of the last of the Obama Stimulus $$$$$$$.

    Thaaaaaaaaaaaat's right, Brookfield Properties. (a Canadian Corp)
    Isn't life great in America !

    August 7, 2012 12:01 pm at 12:01 pm |
  15. Bob

    Stealing from the poor and giving to the rich is a Republican tradition. It's also the essence of capitalism. It's the moral and political philosophy of the Teutonic war lords; dog-eat dog, might-is-right, every man for himself, to the victors go the spoils. In other words, the antithesis of the teachings of Jesus Christ. Unregulated capitalism as it exists in this country (and this is the only democratic society in which it still exists) is the final victory of Paganism over Christianity.

    August 7, 2012 12:03 pm at 12:03 pm |
  16. ejktexas

    Obama is just as guilty. A stimulus package to bankers and large companies is the same thing- robbery in the form of taxes to "bail out" rich institutions.

    August 7, 2012 12:03 pm at 12:03 pm |
  17. Larry L

    @Darryl Cox

    Gotta love Obama's mind at work! Being weathly is a BAD thing. Even though the vast majority of millionaires made it on their on vs. inherited it ....
    ---------------------------------------------------–
    You're dead wrong. Te vast majority of millionaires inherited the family fortune – like Romney. They also had the advantage of the finest prepratory schools, the best healthcare, cars, clothes, terrific social connections, and a daddy to pay for private colleges – like Romney. Do not associate Romney with the "self-made man" scenario. Inheriting the family wealth is fine (I wish somebody had left me a fortune!) – but building an artificial myth around many of those with wealth is delusional.

    It's also quite dishonest to use the "you didn't build it" quote completely out of context – knowing full wel the President's statement included reference to the total effort required to build a competitive business infrastructure.

    August 7, 2012 12:03 pm at 12:03 pm |
  18. You Can't Have It Both Ways

    Jon: 2) The Democrats had control over the entire Congress (House and Senate) for Obama's first two years, and he could accomplish nothing.

    ______________

    Dear Jon and the people like him:

    New Rule: The same people who post on the blogs and whine incessantly about ObamaCare cannot keep saying that President Obama accomplished nothing. It's mind-numbing stupidity.

    Bin Laden is Dead and GM is Alive

    Obama 2012

    August 7, 2012 12:04 pm at 12:04 pm |
  19. Dean

    To Bonnie ------------(if CNN does not censor)
    For those who are listening to the liberals propagating the fallacy that everything is "Bush's Fault", think about this:
    January 3rd, 2007 was the day the Democrats took over the Senate and the Congress. At the time:
    The DOW Jones closed at 12,621.77
    The GDP for the previous quarter was 3.5%
    The Unemployment rate was 4.6%
    George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH
    Remember the day...
    January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.
    The economic meltdown that happened 15 months later was in what part of the economy?
    BANKING AND FINANCIAL SERVICES!
    Unemployment... to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOES!
    Bush asked Congress 17 TIMES to stop Fannie & Freddie – starting in 2001 because it was financially risky for the US economy.
    And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? OBAMA
    And who fought against reform of Fannie and Freddie?
    OBAMA and the Democrat Congress

    August 7, 2012 12:04 pm at 12:04 pm |
  20. Indy75

    I live in San Diego County. A news item came on the radio last night. Mitt Romney is asking the San Diego County Assessor's office for a tax break on house in La Jolla – the one with the elevators. Astounding; I don't get a tax break on my house here in San Diego.

    August 7, 2012 12:06 pm at 12:06 pm |
  21. DDW

    At John, you are right about the Democrats having control of the house and senate but, not enough votes to defeat the filibusters the GOP used on every bill put before them. All in an effort to make Obama a one term president, well good luck with that, your candidate is a loser.

    August 7, 2012 12:06 pm at 12:06 pm |
  22. Malory Archer

    Nice try Dean, but the Occupiers really aren't siding with President Obama. In fact, they're planning a bigger rally in Charlotte than they're planning in Tampa. Whether that's because they're angrier at the Dems than the rethugs remains to be seen, but you're reading far too much into VP Biden's son's job. Additionally, Occupy was ordered to vacate Zucotti Park. If bloomberg (a rethug, btw)'s girlfriend is on the board, ithat's pretty indicative that the board isn't siding with Occupy or the Dems. Thanks for playing tho'!

    August 7, 2012 12:10 pm at 12:10 pm |
  23. nc_mike

    RomneyHood is SO accurate for the GOP. Their entire strategy is to sap the wealth if the middle class for the aristocracy – it has been going on for years. The inflating of real-estate massively accelerated under the GOP, the equity siphoned off and only reflected after the crash. Same with jobs – the GOP and their wealthy CEO friends off shore to use cheap labor – cheap due to only the currency value imbalance, sapping the middle class of even high paying technical jobs in exchange for profits and bonuses – destroying the middle class and treating it as collateral damage. Now they want to decimate Social Security, Medicare and other Govt services and 'privatize them to they can 'efficiently' bilk the general public even more. These people are EVIL.

    August 7, 2012 12:10 pm at 12:10 pm |
  24. Malory Archer

    Dean

    To Bonnie ----(if CNN does not censor)
    For those who are listening to the liberals propagating the fallacy that everything is "Bush's Fault", think about this:
    January 3rd, 2007 was the day the Democrats took over the Senate and the Congress. At the time:
    The DOW Jones closed at 12,621.77
    The GDP for the previous quarter was 3.5%
    The Unemployment rate was 4.6%
    George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH
    Remember the day...
    January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.
    The economic meltdown that happened 15 months later was in what part of the economy?
    BANKING AND FINANCIAL SERVICES!
    Unemployment... to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOES!
    Bush asked Congress 17 TIMES to stop Fannie & Freddie – starting in 2001 because it was financially risky for the US economy.

    ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

    Right – because everything happens in a vaccuum.

    August 7, 2012 12:11 pm at 12:11 pm |
  25. Steve in CT

    "Did not include additional assests from reducing corporate taxes" How does reducing taxes increase revenue, Mr. Robmey?

    August 7, 2012 12:12 pm at 12:12 pm |
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