Don't lose site of what Obama is doing...

It seems most of the recent posting has been about the Muslims Obama is so fond of now.
As a country we can't afford to have the attention deflected off of Obama's scheme to shift total control of our lives to his regime....banks, automakers, healthcare, etc...it's only a matter of time before he is dictating where you live, work and go to school. This tax & spend course he has mandated is mortgaging our future like nothing we have ever seen.

 

You're right on as usual David with absolutely no backing of your "facts".

I can only hope that when I get "relocated" it will be in a better area, in a better house and benies would be nice. I voted for him so I deserve it. Right?

 

My point exactly...Obama has you convinced that you are entitled to a better house, etc at the hard working taxpayers expense. Why wouldn't we formulate a plan to help people earn their up instead??

 

No country has ever taxed and spent money they don't have into prosperity...history is clear on this.

Can anybody show me how you get more people working without employers first?

Why B.O. doesn't have the sense to understand this...wait...I forgot...B.O. has NEVER ran as much as a lemonade stand so he doesn't have a clue how business works. He thinks he does, but his true socialist colors are unfortunately bleeding true.

What this country needs is the governmet to get off of the back of people that work harder, produce more, and risk their capital. Our corporate tax rates are only second to Japan and the tax and regulation burden placed on our businesses is driving employers from high tax states like California, New York and other liberal-socialist havens to other states and eventually foreign countries.

The problem with socialism is that you eventually run out of somebody else's money - M. Thatcher

 

If what you say becomes true; what happens after his term is up?

 

How you get more people working without employers: Federal work programs. And all the conservatives in the '30s thought that FDR was socialist too. And look what happened. Nothing. No one was told where to live or what religion to follow. And the '50s and '60s were pretty prosperous times. So look what we have to look forward to.

 

Simple question who is the single largest employer in the United States of America?

 

Someone will have the daunting task of piecing together a country!

 

meh

 

You need to read your history. There was this event called World War II that pulled the United States out of the Great Depression. Even before WWII started, unemployment in the United States was around 18 to 19%. Since the U.S.'s factories were never touched during WWII and the rest of the industrial world was in a mess, the U.S. stepped up and manufactured everything from steel to household items for a world market.

Ahhh...those were the days when this country actually made products. Today, 2/3's of our ecnomy is based on consumer spending where as after WWII, our country emerged as an industrial giant.

That is why we prospered in the 50's and 60's, not because of the New Deal.

But back to the Great Depression and the comparison to today, B.O. is following the stupid playbook of raising taxes of people that work and produce more than your average citizen (employers) which will KILL this economy if he implements his socialist policies.

After all, the top 50% of all wage earners ALREADY PAY OVER 97% of all tax revenue received!! (Source - IRS) The question you should ask is, "How much MORE taxes do you want?"

Here...to back my statements. This is an excellent article actually written by a liberal newspaper no less (in Philly, PA) demonstrating that you can't tax yourself into prosperity...history is CLEAR on this:

"One of the ways Hoover helped us into the Great Depression is that he followed the same Obama plan for tough economic times." Denenberg writes that Sen. Obama proposes tax increases for investors and the wealthy, the same group that provides employment for workers.

Obama's Tax Proposals:

Increases in marginal tax rates hurts the economy, says Peter Ferrara writing in Human Events on October 6, 2008. The Tax Policy Center estimates that Obama's tax plan would raise taxes by $627 billion over 10 years.

Obama proposes:

To Increase the top individual income tax rate by 13% and the second individual income tax rate by 10%.

To Increase the capital gains tax rate by 33%.

To increase the tax rate on dividends by 33%.

To raise the top payroll tax rate by between 16%-32%.

New payroll tax on employers to help pay for national health insurance.
Reinstatement of the death tax, which is being phased out under current law, with a new top marginal tax rate of 45%.

Protectionist trade policies and higher tariff taxes.

Obama's Tax Credit Plan:

According to the Wall Street Journal (WSJ),(Aug. 19, 2008) Obama proposes a raft of tax credits that taxpayers can receive if they engage in various government-specific activities. Moreover, the tax credits would go to those who pay little or nothing in federal income taxes. If a tax credit is $1,000. but otherwise the taxpayers would only pay $200 in taxes, the government would give them a check for $800. If taxpayers pay no income tax, they would receive a check for $1000. WSJ asks if this is just government spending disguised as tax credits.

Productive citizens, such as small business, would make up the difference in more taxes. The effect on capital gains, which would discourage investment, would rise by one-third. Social security payroll taxes would be raised between 16% and 32% for families making over $250,000.

Amity Shlaes, author of The Forgotten Man", a detailed history of the Great Depression, has pointed out that Obama's economic policies are what Herbert Hoover adopted to transform a 1929 economic downturn into a Depression by sharply increasing marginal tax rates and protectionism.

Which is why B.O.'s socialist policies will KILL this country!!

 

You mean what every following President from another party has to do.

 

World War what? Whats that? Please explain. Eight years before WWII this country began to get back on its feet. Read YOUR history, wise guy.

 

What WWII did was to turn America into a economic and manufacturing power house, the country realy started to unleash it's true potential

 

Eight years before WWII, this country was getting on its feet?

You are kidding right? You really have no idea what you are talking about, right?

Your statement is utter nonsense. In 1938 (only one year before the outbreak of WWII) the unemployment rate was 19.1%, which I will explain it to you:

Almost one out of five workers were unemployed. Get it?

BTW...this is from the official Bureau of Census/Bureau of Labor Statistics data series for the 1930s. You can find the series in Historical Statistics of the United States with a simple google search. Your statements are baseless. Nothing more...

Also...you can't ignore the historical facts that unemployment averaged around 17% from 1933 to 1940. When you, B.O., and other socialists adopt a tax policy of "class envy" by "soaking the roak" in addition to the harm done by the restrictions imposed by the federal government, this "soak the rich" rhetoric coming from liberal socialists had a chilling effect on economic growth during the 30's by making people fear for their property rights...the same effect that is occuring from the B.O. administration.

Can you say, "Goverment Motors"?? formerally G.M.?

Another fact that you ignore...the top federal income tax rate jumped from 25% in 1931 to 79% in 1936! Use some logic for once...Why bust your butt and run a business when the feds are going to take over 70 cents of every dollar you make!?!

Who knows, maybe B.O. may just start wholesale confiscation of the fortunes of America's wealthy or the nationalization of industries — He seems intrigued by other socialist countries so expect B.O. to follow suit.

I am not losing site of what B.O. is doing, he is following a proven and true FAILED policy...

 

Yep you are all going to have to become Socialist Muslims

 

And in 1934 unemployment was at almost 22%. So thats an improvement right? I mean from nearly 25% to 19% is a good thing. Isnt it? And five years is not a jump. Its a progression. Dont spin things to look your way.

 

now why bust out with a dumb A remark like that??

You folks are putting Midas in a group of " radicals" " loonys" and " nuts" when he speaks some very important points here.....

I guess it goes to " if you dont like the messanger, kill the message" and vice versa

Midas at time grates me, but when he is spot on, I will back him up.

 

What is Eurpoe doin Steve?

Are they encouraging the Obama plan or are they warning America to not make the same mistakes? What is France doing? Ditto. Lets look at some Euro socialist revisions and the government that put that into place, is socialism really better? ( Pardon me while I poll the Canadian emergency room line )

Gee , lets consider this. Where do most Canadians go for serious healthcare? Opps , soory< yep, it's the USA.

The fact that this is even debatable is blowing my freaking mind. Are we that far gone sucking the O pipe that we ignore history? Can we not see the failures of socialized this and socialized that to see it does not work?

 

One last thought.

Lets look at Ford, Chrysler and GM.

Gee, what company told the government to go take a hike?

Yes, Johnny, it was Ford.

OK, Mary, what 2 companys allowed the gov to intervene?

Good Mary, extra credit for you.

Now lets look at the results

Gov intervention: BOTH companys bankrupt, 2300 dealers ( at 100 employees per dealer ) jobs are lost.

Unions now own a majority share in the bankrupt companys. Poor GM and Chrysler shareholders, you get ZERO !!!!!! NO MONEY FOR YOU.

Lets backtrack to Ford:

Stock price up. Sales up. Revamping asembly line to take over where the GOV moters left off ( SUVS and trucks )...... No dealers executed, no family business ruined.

Excuse me here folks. Explain what I am missing. Can someone back this up why the government plan is better? Or are we just drinkin koolaid and now sheepsihly admitting to the fact that we have been hoodwinked, and bought a bridge in a swamp.

I would hope this is a time for THINKERS to think.

 

Can anyone, someone, I BEG you to tell me why government intervention is better than free market capitolism?

( Please consider the Americans with lost jobs as you post your reply )


I really do want to know why the government system is better. Can anybody show me why?

Please show me how a person with an unemployment check and a government foodstamp card can help jumpstart the economy. I am dying to know.