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    PROMISES, PROMISES: Romney pledges raise questions

    Saturday, May 5th, 2012

    WASHINGTON (AP) — Republican presidential candidate Mitt Romney is making campaign promises that could produce an economic miracle — or a more predictable list of broken vows.

    Romney says he wants to put the nation on a path to a balanced budget while also cutting an array of taxes, building up the Navy and Air Force and adding 100,000 active-duty military personnel. He says he would slash domestic spending and reduce tax loopholes but has offered few details.

    His comments raise eyebrows in Congress, long accustomed to easier-said-than-done promises. And even some conservatives have their doubts.

    Christopher A. Preble, a vice president for the libertarian Cato Institute, says Romneys promise to push military spending to 4 percent of the national economy would require dramatic increases that would raise, not lower, the federal deficit.

    Citing the absurdity of Romneys plan, Preble wrote recently that the candidate hasnt said what other spending he will cut, or what taxes he would increase.

    Until he does, Preble wrote, it is logical to conclude that he plans to pile on more debt.

    Romney says he will avoid that problem by making courageous cuts to federal programs if elected.

    I have three major ways that we can get ourselves to a balanced budget, he told voters this month in Warwick, RI Number one is to eliminate some programs. Stop, eliminate them. Not just slow down their rate of growth. But look at programs and say, Too many, too big, too expensive, too ineffective, get rid of it. Some programs youre going to like. Im going to ask for sacrifice. But the sacrifice will not be taking more from your wallet…. Im not going to give anybody any free stuff.

    Other Romney proposals would make states responsible for programs such as Medicaid, and reduce the federal workforce by 10 percent through attrition.

    Its not uncommon for candidates to promise unspecified spending cuts. Often, however, they find it extremely difficult to fulfill the pledges once elected. Thats one reason the nations debt has soared under Republican and Democratic presidents and congresses alike.

    Romney has shown little willingness to cut popular programs so far. He joined President Barack Obama, and bucked some House Republicans, by backing an extension of low college loan rates for middle-income students, a $6 billion government cost.

    Voters may understand that candidates cant or wont keep all their promises.

    You campaign in fiction, and govern in fact, said Tom Davis, a former congressman who headed the Republicans House campaign committee from 1998 to 2002.

    He noted that Obama quickly backed off his campaign promise to close the Guantanamo Bay prison. Obama also pledged to tamp down Washingtons partisan tone and to overhaul immigration laws, neither of which has happened.

    Davis said its the general thrust of Romneys proposals that matters most, not every specific item.

    What hes trying to do is sketch a different vision, Davis said. Details of how Romneys proposals will pan out, if hes elected, will be determined by Congress and events, he said.

    Rep. Steve LaTourette, R-Ohio, said Romneys proposals are aspirations more than firm promises. If elected, Romney may have to revisit his current rejection of tax increases and his vow to leave Social Security and Medicare unchanged for current and soon-to-be recipients, LaTourette said.

    Romney and Obama have to come to the realization that a big deal, which includes tax increases, spending cuts and changes to Social Security and Medicare, is the only way to address the nations deficit dilemma, LaTourette said.

    Romney calls for a host of tax cuts. But independent analysts say they will worsen the deficit unless offset by deep and politically unpopular spending cuts.

    Romney would keep the Bush-era tax cuts, and further reduce all marginal income tax rates by 20 percent. He says he would lower the corporate tax rate, eliminate the estate tax, push a balanced budget amendment to the Constitution and make $500 billion in unspecified domestic discretionary spending cuts in 2016.

    He wants wider exploration for energy, including oil drilling in the Arctic National Wildlife Refuge, or ANWR.

    Such promises draw loud cheers at GOP rallies. But for decades, Republican-run and Democratic-run congresses alike have rejected ANWR drilling, a balanced budget amendment, deep spending cuts and other mainstays of Romneys campaign.

    Whether these campaign ideas are called proposals, aspirations or promises, they are easier to talk about than to achieve.

    Social Media Campaign for Payday Loan Company Starts for USA Payday Forever

    Saturday, May 5th, 2012

    USA Payday Forever has Announced the Beginning of Their Payday Loan Social Media Strategy. They Have Started by Putting Together New Documentation to Train Their Customer Service Representatives

    (PRWEB) April 29, 2012

    New Payday Loan customer service documentation and training have been announced by USA Payday Forever for their cash advance service website. They recently announced a new direction in regards to their new payday loan social media campaign. The new customer service focus is the first step they are taking towards implementing their new personal finance service social media campaign. This is a crucial to being able to properly connect with consumers when they start engaging them online.

    Not all details have been revealed about the new documentation for USA Payday Forever’s payday loan customer service training plans, nor the social media campaign for their personal finance service. USA Payday Forever previously stated that the main trajectory of the new plans entail more intimate communications between consumers and the online business. They aim to generate quality rapport with their payday loan customers, as well as educate them with their personal finance solutions.

    One criticism USA Payday Forever hears a lot, according to them, is that their customers feel as if there isn’t much of personable experiences with their cash advance services. In addition to this, USA Payday Forever maintains that there are complaints about the company that they don’t do much to aid people with personal finance solutions, nor train them to be better with their own finances.

    USA Payday Forever mentioned that in the past they have tried a few things to help consumers deal with their personal finance issues properly. One way they did this is with website copy at their personal loan website that was meant to teach their customers how to use their cash advance services, as well as take care of their own personal finance issues. Unfortunately, they reported that simply writing personal loan teaching material was simply not enough to adequately aid customers to the point that received enough of the value they expected from signing up with USA Payday Forever.

    This scenario has led USA Payday Forever to meet with the unnamed personal finance company they partnered with. As a team, these two companies further developed their new personal loan social media campaign. Both of these companies created the personal loan social medial campaign. In addition to this, they came up with the new ideas surrounding taking the personal finance campaign in a unique direction they have never taken it before.

    About USA Payday Forever – USA Payday Forever is an online personal loan company that helps consumers to find and obtain personal finance services. For more information about USA Payday Forever, please visit their website at http://www.usapaydayforever.com.

    For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/4/prweb9454787.htm

    Jordan Public Debt Rises to $20.2 Billion, Finance Ministry Says

    Saturday, May 5th, 2012

    Jordan’s public debt rose 7 percent
    to 14.3 billion dinars ($20.2 billion) in the first quarter of
    this year, the Finance Ministry reported.

    External debt reached 4.6 billion dinars and internal debt
    was 9.7 billion dinars at the end of March, the ministry said in
    a statement on its website. Total debt was up from 13.4 billion
    at the end of 2011, it said.

    Jordan, one of the smallest economies in the Middle East,
    imports more than 90 percent of its oil and relies on foreign
    investment and grants to support its budget and current-account
    deficits. The kingdom’s power plants have had to switch to more
    expensive fuels such as diesel after repeated interruptions in
    natural-gas supplies caused by sabotage of the export pipeline
    in neighboring Egypt.

    To contact the reporter on this story:
    Nayla Razzouk in Dubai at
    nrazzouk2@bloomberg.net

    To contact the editor responsible for this story:
    Andrew J. Barden at
    barden@bloomberg.net