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#11
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Demand that Obama release his college records! Where is the media?
"frank" wrote in message ... On Oct 14, 6:48 pm, "Boskey" wrote: Obama has promised tax cuts for most Americans. However, I believe he has indicated during interviews that he isn't in favor of the Bush tax cuts being extended. Soooo, we may see the end of the Bush tax cuts, cuts that impacted much of the middle-income Americans. Then, it will be replaced by the Obama brand of tax cuts. No wonder Obama can say he won't need to raise taxes for this proposal, he is simply re-badging the Bush tax cuts. He;s actually lowering the taxes for the middle class and raising them for the top 1% or so. Make over a million you're going to take a big hit. But you can afford it if you make a million. Oh, I have absolutely no doubt that the big business people can afford it, but the problem is that any factor that increases or decreases your budget will cause a business to adjust accordingly, just the same as those of us pulling down the unskilled wages have to adjust our own budgets. Even when a big business gets into a money crunch, even if it can "afford" it, it's still going to have to adjust the budget, and one of the first things to happen is that more corners get cut. It's a vicious cycle. |
#12
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Demand that Obama release his college records! Where is the media?
catpandaddy wrote:
"frank" wrote in message ... On Oct 14, 6:48 pm, "Boskey" wrote: Obama has promised tax cuts for most Americans. However, I believe he has indicated during interviews that he isn't in favor of the Bush tax cuts being extended. Soooo, we may see the end of the Bush tax cuts, cuts that impacted much of the middle-income Americans. Then, it will be replaced by the Obama brand of tax cuts. No wonder Obama can say he won't need to raise taxes for this proposal, he is simply re-badging the Bush tax cuts. He;s actually lowering the taxes for the middle class and raising them for the top 1% or so. Make over a million you're going to take a big hit. But you can afford it if you make a million. Oh, I have absolutely no doubt that the big business people can afford it, but the problem is that any factor that increases or decreases your budget will cause a business to adjust accordingly, just the same as those of us pulling down the unskilled wages have to adjust our own budgets. Even when a big business gets into a money crunch, even if it can "afford" it, it's still going to have to adjust the budget, and one of the first things to happen is that more corners get cut. It's a vicious cycle. Try for just one ng that's OT. |
#13
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Demand that Obama release his college records! Where is the media?
gemini jackson added these comments in the current discussion du
jour ... And Obama's plan has a balanced budget for FY2010? Didn't think so. Obama voted for the $700B bailout. That's $58B a month. So Obama is 3X more irresponsible than Bush, astounding as that may be. What's astounding is the narrow minded attempt to skew the details to be in favor of your candidate instead of using unbiased facts. McCain voted for the bailout too. But to his credit he was a POW for 5 years. Despite all the record of one guy who says he is for change and the other who says he's a maverick, they are both skilled politicians. We can debate the true or falsehood of all these issues but never reach a consensus any more than one will be reached by the American people in tonight's last debate. As to voting, even the Joe Friday "the facts, ma'am, nothing but the facts" simply does not reveal all that much about either Obama or McCain when purely looking at their Senate voting records as most of the "he voted 94 times for this or that" are procural votes ancillary to a much smaller number of bills. As to medical records, just like guilt by association accusations flowing both ways, neither candidate has been at all forthcoming although McCain is minorly better. As to McCain's POW experiences, that doesn't give him much of a leg up on national security or military issues but his later career as the Navy's liason office to the Senate did. But Obama's complete lack of any military experience but his complete lack of forthrightness on his actual formative years experiences is telling indeed. Here's one to just fan the flames of discord: Obama "with a little help from his friends" has somehow managed to twart all FOIA (Freedom Of Information Act) requests trying to find out what he did at Columbia or at Harvard Law. All of his papers, all of his exams, and even his Harvard Law Review articles are 100% locked up somehow. To whatever extent it may matter to a voter population with a very short memory - that is, a Republican screwed up the ecomony and cost me my life's savings, McCain did actually volunteer to testify in court and before Congress for his involvement in the Keating S & L scandal. I am neither a conspiracy theorist nor excessively "you'll tell us if you have nothing to hide", I think that what Obama and McCain BOTH have FAILED to tell the American people about themselves and about how they would handle the myriad of issues in this campaign is far more relevant than is the finger pointing game. A couple of non-economic observations. If Obama could actually implement his healthcare reforms in their entirety, the Laws of Economics would bring it down. Both medical malpractice tort reform and the myth of savings from preventative medicine would doom it. McCain, OTOH, is an example of both excessive privatization and "what the left hand giveth, the right hand taketh away" in that the $5,000 refundable tax credit to buy health care has a tax all company-provided health care to be taxed under current IRS regs for what is called "imputed income", he doesn't need much of Congressional action for that. BTW, does anybody know exactly how taxes can be cut for 95% of working people when 40% pay no taxes at all? Yeah, I know, it is really welfare in the form of refundable tax credits. And, anybody know the truth about what happens when you creat a soak the rich scheme, either of them? Yeah, aggregate tax revenues go down. If there is one good thing for the American people and those of us who prefer a free market system to class warfare and Marxist wealth redistribution fiats is that neither candidate will be able to do very much; their hands are effectively tied by the realities of today's bailouts. -- HP, aka Jerry "Efficiency is doing things right, effectiveness is doing the right things" - Peter Drucker |
#14
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Demand that Obama release his college records! Where is the media?
frank added these comments in the current discussion du jour ...
He;s actually lowering the taxes for the middle class and raising them for the top 1% or so. Make over a million you're going to take a big hit. But you can afford it if you make a million. There are rural farmers making 20 grand in upstate New York. If you're making multi millions, you can afford it, ditto the CEO that got double digit millions for a few weeks of work. Nice job if you can get it. By the way, company was taken over in the bailout. How well do you hear "horse****!" Please examine the actual words in the plan itself and not campaign rhetoric from either candidate. YOu may be both surprised and dismayed. I think they can afford a Social Security / Medicaire cap removal also. Not quite. He creates what is called a "donut hole" for Medicare Part D prescription coverage in that taxes for both workers and employers still stop at today's upper limit but then restart at $250,000. If either candidate wanted to make Social Security and Medicare taxes, especially SS, they would remove it's inherrent regressiveness and only START charging taxes at,say, $40,000 but removing the entire top cap. I am not a Socialist but I do feel the pain for the working poor who don't have a portfolio to be lost in the economic meltdown and the same poor that never come within even 25% of hitting the SS cap. Whatever your candidate preferences, you have that right in a (still?) free society but it is crucial to look at least a little beyong the stump speeches. I'm not all that worried about Obama's medical records unless maybe he's hiding some truths about what doctors he saw during his days of drinking and doing drugs which lasted at least through his undergraduate years at Columbia. Nobody knows what he did at Harvard Law as everything is sealed. We do know the title of his Columbia senior thesis which was something like "The Use of Disarmament to End the Cold War" when it was written in 1983 or so. Keep in mind that this was in Reagan's first term and the news of the day was the SDI known as Star Wars. As we now know from history, the Cold War ended NOT through unbridled negotiation or naive give-aways, but because it was confronted by overwhelming strength to the point that the laws of economics toppled the Soviet Union. Now, exactly what Putin will eventually do is anybody's guess. -- HP, aka Jerry "Efficiency is doing things right, effectiveness is doing the right things" - Peter Drucker |
#15
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Demand that Obama release his college records! Where is the media?
catpandaddy added these comments in the current discussion du
jour ... Oh, I have absolutely no doubt that the big business people can afford it, but the problem is that any factor that increases or decreases your budget will cause a business to adjust accordingly, just the same as those of us pulling down the unskilled wages have to adjust our own budgets. Even when a big business gets into a money crunch, even if it can "afford" it, it's still going to have to adjust the budget, and one of the first things to happen is that more corners get cut. It's a vicious cycle. The "big people" have demonstrated time and time and time again that they are quite skilled at moving money off shore and into sheltered investments so they won't be hurt. Who is really hurt is the upper middle class from about $100-150,000 when they find out what the tax scheme for them really is. As an aside, please consider this: poor folk want to be lower middle class, middle class wants to be upper middle, and uppper middle WANTs to get nailed by Obama.That is called the American Dream and is the most powerful incentive to work hard and innovate the world has ever known. -- HP, aka Jerry "Efficiency is doing things right, effectiveness is doing the right things" - Peter Drucker |
#16
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Demand that Obama release his college records! Where is the media?
catpandaddy added these comments in the current
discussion du jour ... Obama has promised tax cuts for most Americans. As did Bill Clinton. How'd that work out? With a balanced budget and a strong economy. True enough, but how about the rest of the story? The dot.com bubble actually burst on Clinton's watch but nobody knew about it. The tax surpluses were really created by cooking the books but nobody knew it. And Clinton's NSA knew that al Qaeda was training terrorists for an airline attack. Clinton told the Bush tranistion team, headed by incoming NSA Condi Rice, all about the airline scheme but she - by her own admission - didn't tell the president until August, 2001. Oops! Forgot to tell the sordid truth. And, who can forget the president having to shut his own wife's healthcare reform heist down in 1994? Dang, I don't recall Hillary ever being confirmed by the Senate as a Clinton appointee to reform healthcare, do you. Have a real nice day, OK? -- HP, aka Jerry "Efficiency is doing things right, effectiveness is doing the right things" - Peter Drucker |
#17
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Demand that Obama release his college records! Where is the media?
"HEMI-Powered" wrote in message ... Have a real nice day, OK? You as well. Though I've only seen a few of your messages over here in the newsgroup I'm reading this thread from, I like your systematic approach to breaking things down and looking at things carefully. Just wanted to say that's a good thing. |
#18
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Demand that Obama release his college records! Where is the media?
"That80sGuy" wrote in message ... In message , gemini jackson done wrote: On 15 Oct 2008 11:01:03 GMT, That80sGuy wrote: And Obama's plan has a balanced budget for FY2010? Didn't think so. Obama voted for the $700B bailout. That's $58B a month. So Obama is 3X more irresponsible than Bush, astounding as that may be. What's astounding is the narrow minded attempt to skew the details to be in favor of your candidate instead of using unbiased facts. McCain voted for the bailout too. Where have I stated support for McCain? Oh, that's right, I haven't. Because I don't. You, on the other hand, have demonstrated that the ONLY method you have to "support" Obama is to say that he's not McCain. And even that is wrong. Obama IS McCain. McCain is Bush. Bush is Clinton. ALL corrupt. ALL evil. ALL the same. We are all Jeffy!!!!! |
#19
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Demand that Obama release his college records! Where is the media?
HEMI-Powered wrote:
Here's one to just fan the flames of discord: ....All of his papers, all of his exams, and even his Harvard Law Review articles are 100% locked up somehow. You see, this is the kind of patently false claim that undermines anything else that might be useful in your post. To repeat it says that you are unable to look at a statement and make an intelligent, critical evaluation of its validity. Anyone looking at that statement should immediately ask: How could law review articles be "100% locked up" when the Harvard Law Review is distributed world wide? Obama was there in 1990. Did someone go and buy them all up 15 years after they were published? Did they then pay off or murder all the people who they bought the copies from? What about the copies that are right now in the law library down the street? Did they publish replacement copies and smuggle them into every law library in the world? Yeah, that's it. Extraordinary claims require extraordinary evidence. |
#20
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Demand that Obama release his college records! Where is the media?
"That80sGuy" wrote in message ... As did Bill Clinton. How'd that work out? With a balanced budget and a strong economy. Hah. The budget was "balanced" by raiding the SS trust fund. The "strong economy"? How much stock you buy in March '00, McFly? NASDAQ 5000 ring a bell? How much of that 5000 'DAQ was REAL? NONE OF IT. All bubble. Oh, and Clinton signed the repeal of Glass-Steagal. And he oversaw Frank Raines at Fannie. And he expanded the Community Reinvestment Act. Bubble. Bubble. Bubble. Call it Bubba's Bubble. "Bubba's Bubble"... I like! Can I swipe that for a sig file? |
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