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Obama economic recovery plan ?

POSTED BY: AURAPTOR
UPDATED: Thursday, November 27, 2008 20:59
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Saturday, November 22, 2008 2:10 PM

AURAPTOR

America loves a winner!


Just saw a t.v. ad, here in GA, by Jim Martin ( D ), running for Senator. In it, the narrator says Senator Chambliss is against the Obama economic recovery plan.

There IS one ?

Is this the infamous " 95 % of all Americans will get a tax cut " plan ? Seriously, no muck racking here, I just want to know. 1st I've heard it put that way.



It is not those who use the term "Islamo-Fascism" who are sullying the name of Islam; it is the Islamo-Fascists. - Dennis Prager


" They don't like it when you shoot at 'em. I worked that out myself. "

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Saturday, November 22, 2008 4:14 PM

ANTHONYT

Freedom is Important because People are Important


Hello,

I also do not know the details of the recovery plan.

--Anthony



"Liberty must not be purchased at the cost of Humanity." --Captain Robert Henner

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Sunday, November 23, 2008 3:16 AM

6IXSTRINGJACK


Ha!

As if there is a plan.

I've got an idea. Hows about letting Capitalism and Free Trade happen for real this time? I think house prices have about 30% more to fall before they're not rediculously priced anymore.

Why oh why do we keep propping up a deeply flawed system only to have it blow up in our faces 10 times as bad down the line. Oh.... that's right. Politics.

"A government is a body of people, usually notably ungoverned." http://www.myspace.com/6ixstringjack

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Sunday, November 23, 2008 3:18 AM

GEEZER

Keep the Shiny side up


Here's a bit of it.

Quote:

US President-elect Barack Obama says he wants his economic team to find ways to generate 2.5 million new jobs during his first two years in office.
...

He said his economic priority would be a two-year, nationwide effort to "jumpstart job-creation in America and lay the foundation for a strong and growing economy".

Ageing public infrastructure would be rebuilt, Mr Obama said, adding that his administration would look quickly at developing and building sources of renewable energy, such as wind farms, designed to "free" the US from its "dependency" foreign oil.



http://news.bbc.co.uk/2/hi/americas/7743571.stm

No details yet on how this is to be done.

"Keep the Shiny side up"

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Sunday, November 23, 2008 3:37 AM

WHOZIT


His recovery plan is to raise taxes on everyone who makes over $250,000 or $200,000 or $150,000. Barry and the Gaffe Master keep changing the number.

I'm going to microwave a bagel and have sex with it - Peter Griffin

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Sunday, November 23, 2008 4:53 AM

6IXSTRINGJACK


Quote:

Originally posted by Geezer:
Here's a bit of it.

Quote:

US President-elect Barack Obama says he wants his economic team to find ways to generate 2.5 million new jobs during his first two years in office.
...

He said his economic priority would be a two-year, nationwide effort to "jumpstart job-creation in America and lay the foundation for a strong and growing economy".

Ageing public infrastructure would be rebuilt, Mr Obama said, adding that his administration would look quickly at developing and building sources of renewable energy, such as wind farms, designed to "free" the US from its "dependency" foreign oil.



http://news.bbc.co.uk/2/hi/americas/7743571.stm

No details yet on how this is to be done.

"Keep the Shiny side up"



I used to believe in Santa too. Right now, I think Santa has funded his "Operation North Pole" on our grandkids labor. I suppose we could dip into our great-grand-kids standard of living, or we could always just raise the tax on a pack of cigarettes another $5.00..... assuming that a black market doesn't rise up and criminals move into our neighborhoods because average folk would rather pay somebody on the street 5 bucks for a pack instead of 10 in the store.....

Things that make ya go hmmmmmmmmmmmm.....



"A government is a body of people, usually notably ungoverned." http://www.myspace.com/6ixstringjack

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Sunday, November 23, 2008 4:59 AM

CHRISISALL


Quote:

Originally posted by whozit:
His recovery plan is to raise taxes on everyone who makes over $250,000 or $200,000 or $150,000. Barry and the Gaffe Master keep changing the number.


Let's get absolutely real for a moment there, W. Do you make $150,000 a year? Does anyone related to you? Do you even KNOW anyone that makes that much?
I'm just wondering why you care...


The filthy rich Chrisisall

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Sunday, November 23, 2008 5:04 AM

6IXSTRINGJACK


Quote:

Originally posted by chrisisall:
Quote:

Originally posted by whozit:
His recovery plan is to raise taxes on everyone who makes over $250,000 or $200,000 or $150,000. Barry and the Gaffe Master keep changing the number.


Let's get absolutely real for a moment there, W. Do you make $150,000 a year? Does anyone related to you? Do you even KNOW anyone that makes that much?
I'm just wondering why you care...


The filthy rich Chrisisall



We care, Chris, because if they put in the law with as little (intentional) foresight as they did the AMT, then when it costs $40 for a loaf of bread, you'll be paying 35% tax on 75% of your wages......

Unless some seriously needed deflation occurs in the near future, I'd say you'd be feeling that pain in about 5 years.

At least we ain't Zimbabwe yet.....

http://edition.cnn.com/2008/BUSINESS/08/19/zimbabwe.inflation/

"A government is a body of people, usually notably ungoverned." http://www.myspace.com/6ixstringjack

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Sunday, November 23, 2008 8:47 AM

ANTHONYT

Freedom is Important because People are Important


Hello,

A plan to invigorate our infrastructure while creating millions of jobs sounds promising.

--Anthony



"Liberty must not be purchased at the cost of Humanity." --Captain Robert Henner

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Sunday, November 23, 2008 11:27 AM

FREMDFIRMA


I am more than down with that, as you may have noticed, it's neglect is one of the things I am so pissed at the current administration for.

However, raising taxes ? hell no, that's squeezin a stone, we got nothin LEFT to take, hardly.

Now sure, the rich can take a little more bite, but I would reccommend it being a small one, no sense arbitrarily punishing folk who made it honestly along with the crooks - THOSE should be fined, painfully, it makes no sense to fine someone a tenth of the money they made by breaking the law, all that does is tell folk crime pays so long as you hand the Gov a cut, which is bullshit, they should be fined triple the amount of any profit made by said violation, with a portion of that money set aside to undo any harm or injury they caused.

They can damn well cut the money out of foreign aid, too, or by getting our ass out of the middle east mire, and cutting off the gravy train to the military industrial complex wouldn't be a bad idea neither.

Not to mention hacking off the alphabet goons monstrous black budgets that never seem to accomplish nothin but more terrorism against us, usually helped along by the very folks supposed to be preventing it.

One good side effect to getting us out of the middle east mire isn't just that it will cut down expenses - has no one given thought to how badly our economy gets impacted by more or less removing so MANY people from it for an extended period of time ?

One other thought to infrastructure, is our pathetic rail system pretty much run by a crappy single entity propped up by the Gov, it's horrific, inefficient and in many cases downright dangerous - that's one place where opening up the market for competition and free enterprise might do a world of good.

We could seriously use a decent high speed rail line, and one thing that's always interested me is a secondary rail system powered by alternative energy (like solar panels on top of the boxcars) for non time critical freight, with appropriate rates - it gets there when it gets there, but it gets there cheap.

There's plenty of bullshit we can cut to fund it all, too - we've had to increasingly tighten our own belts over the past six years to fund the current administrations lunacy, I say it's time for washington to tighten theirs.

Any attempt to raise taxes will be met with vicious resistance from this corner, and woe betide the sumbitch who tries to porkbarrel when we're trying to pay down the debt that stupid shrub saddled us with.

-Frem

It cannot be said enough, those who do not learn from history, are doomed to endlessly repeat it

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Monday, November 24, 2008 4:13 AM

6IXSTRINGJACK


All that Frem said..... yup.

Though half that debt we can attribute to all of those who have come before them. When we started taking on debt, the dollar was worth a lot more though, so to be fair, he's hardly racked up half of what we as a nation now owe...

At least from the standpoint of a smoker who pays more than double than what he did about 6 years ago.

"A government is a body of people, usually notably ungoverned." http://www.myspace.com/6ixstringjack

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Monday, November 24, 2008 8:53 AM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Quote:


Though half that debt we can attribute to all of those who have come before them.



Somehow I don't find it comforting that, like Reagan before him, Bush has managed to run up more debt than every president before him, combined. He's more than doubled the national debt.

This is the "small government, less spending" crowd at their peak, and look what they have done.

And don't even start in on the horseshit about "well, Bush had things that came up that couldn't be foreseen." EVERY President has shit come up that they didn't count on, so that's trying to rely on that excuse to cover his numerous fuck-ups is just weak tea.

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Monday, November 24, 2008 2:28 PM

ANTHONYT

Freedom is Important because People are Important


Hello,

I have been greatly disappointed with the Bush presidency because of human rights violations, disaster mismanagement, intelligence failures, and unmitigated spending.

I hope that the Obama presidency will avoid these missteps. I am concerned about the position he took on the FISA bill. I keep hope in my heart, as do we all, but we do need to keep an eye on the Pres, even this one, as Frem frequently points out.

--Anthony


"Liberty must not be purchased at the cost of Humanity." --Captain Robert Henner

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Tuesday, November 25, 2008 12:39 AM

JEWELSTAITEFAN


2.5 million jobs. Memories of "100,000 new police officers on the streets" Heh.

BO plans to convince the rich to not pay any taxes for the next 4 years. instead of the rich handing over more than 50% of the tax revenue each year, now you will be expected to foo that bill. And for those too dense to figure it out, I care that BO will be taxing the rich out of the income stream because I am one of the non-rich who will suffer by paying for those funds no longer contributed by the wealthy.

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Tuesday, November 25, 2008 2:48 AM

RIVERLOVE


Obama the President is not Obama the candidate. The Bush tax cuts will remain in place until 2011. He also will likely not increase capital gains taxes because symbolically thats' the most cherished investor benchmark for investing new money. The day he announces that, you'll see the market go up 500-1000 points. All his trillion dollar social agenda items are moot at this point. One has to ask where is any money coming into the Treasury coming from? He must go after the top 5% as he said he always would. There's simply no other viable source of money to even start to reduce the deficit. The US economy is dangling over a cliff, and someone has to pay. There also needs to be arrests and prosecutions of anyone involved in fraud and criminal activity on Wall Street. There has to be a new atmosphere of accountability.\
Why does Detroit have to come back to DC with a "Plan" to get a measley $25 billion, but AIG, Citicorp, and Fannie can keep the same lousy, possibly criminal management in place with NO plan and get 100's of billions? Obama should look closely at Congress and see who the villians are, those who aided and profitted from the mortgage scams, but I doubt he will. Americans are industrious and can take a punch when we have to. But we demand fairness and honesty. Confidence must be restored to our financial institutions and policies. I'm not taking any hits to my face until I see all the crooks in prison.

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Tuesday, November 25, 2008 3:13 AM

6IXSTRINGJACK


Quote:

Originally posted by Kwicko:
And don't even start in on the horseshit about "well, Bush had things that came up that couldn't be foreseen." EVERY President has shit come up that they didn't count on, so that's trying to rely on that excuse to cover his numerous fuck-ups is just weak tea.



Who do you think you're talking to K?

If you paid attention at all, I was one of the loudest against Bush and what he's done since I've been here. I'm not defending him or his administration. I'm trying to make the retarded proles stop blaming this on a single administration and make sure they spend the next 4 or 8 years awake instead of falling back into apathy now that their savior is here.

Get real.

"A government is a body of people, usually notably ungoverned." http://www.myspace.com/6ixstringjack

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Tuesday, November 25, 2008 3:14 AM

GEEZER

Keep the Shiny side up


Quote:

Originally posted by Riverlove:
Why does Detroit have to come back to DC with a "Plan" to get a measley $25 billion, but AIG, Citicorp, and Fannie can keep the same lousy, possibly criminal management in place with NO plan and get 100's of billions?



Madame Geezer and I were just talking about the same thing. A failure of any one of the Big Three will put hundreds of thousands of "Main Street" folks out of work. While a failure at AIG or Citi would put some "Main Street" folks on unemployment, it would also impact the most important constituants of Congressfolk, the big campaign contributors.

"Keep the Shiny side up"

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Tuesday, November 25, 2008 3:30 AM

RIVERLOVE


Quote:

Originally posted by Geezer:
Quote:

Originally posted by Riverlove:
Why does Detroit have to come back to DC with a "Plan" to get a measley $25 billion, but AIG, Citicorp, and Fannie can keep the same lousy, possibly criminal management in place with NO plan and get 100's of billions?



Madame Geezer and I were just talking about the same thing. A failure of any one of the Big Three will put hundreds of thousands of "Main Street" folks out of work. While a failure at AIG or Citi would put some "Main Street" folks on unemployment, it would also impact the most important constituants of Congressfolk, the big campaign contributors.

"Keep the Shiny side up"


It's really quite fascinating to see. Democrats, the Party of power in the Congress, the Party of The People, seem to be putting Wall Street robberbarons' priorities over the needs of the working folks. I can almost hear the screams coming from the Left if it had been Republican Congressional leadership championing the Wall Street bailout cause, but amazingly its' the Democrats. I support saving the Big 3 due to the vast numbers of potential lost jobs, but all the other bailouts must stop. Capitalism doesn't come with a guarantee. You screw up, you're history, or at least that's the way it should be. All the pigs feeding at the Govt. trough is quite an ugly sight.

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Tuesday, November 25, 2008 4:20 AM

CHRISISALL


Quote:

Originally posted by Riverlove:
All the pigs feeding at the Govt. trough is quite an ugly sight.


What Riverlove said tm


The agreeing Chrisisall

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Tuesday, November 25, 2008 4:22 AM

6IXSTRINGJACK


The fact that there is a trough for them to feed from is the disgusting thing. Or maybe it's the fact that none of us are doing anything about it...

"A government is a body of people, usually notably ungoverned." http://www.myspace.com/6ixstringjack

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Tuesday, November 25, 2008 9:12 AM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Quote:


Who do you think you're talking to K?

If you paid attention at all, I was one of the loudest against Bush and what he's done since I've been here. I'm not defending him or his administration. I'm trying to make the retarded proles stop blaming this on a single administration and make sure they spend the next 4 or 8 years awake instead of falling back into apathy now that their savior is here.

Get real.



Whew - THAT's a relief! For a minute there, I thought maybe you'd been kidnapped and 'Rappy or Finn had stolen your ID!

Not with ya on the "savior" thing, though. Maybe that's why I never bought into religion in the first place - never figured I needed saving, or if I did, I was as capable of being a savior as the next guy or gal...

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Thursday, November 27, 2008 8:59 PM

JEWELSTAITEFAN


Quote:

Originally posted by Riverlove:
Quote:

Originally posted by Geezer:
Quote:

Originally posted by Riverlove:
Why does Detroit have to come back to DC with a "Plan" to get a measley $25 billion, but AIG, Citicorp, and Fannie can keep the same lousy, possibly criminal management in place with NO plan and get 100's of billions?



Madame Geezer and I were just talking about the same thing. A failure of any one of the Big Three will put hundreds of thousands of "Main Street" folks out of work. While a failure at AIG or Citi would put some "Main Street" folks on unemployment, it would also impact the most important constituants of Congressfolk, the big campaign contributors.

"Keep the Shiny side up"


It's really quite fascinating to see. Democrats, the Party of power in the Congress, the Party of The People, seem to be putting Wall Street robberbarons' priorities over the needs of the working folks. I can almost hear the screams coming from the Left if it had been Republican Congressional leadership championing the Wall Street bailout cause, but amazingly its' the Democrats. I support saving the Big 3 due to the vast numbers of potential lost jobs, but all the other bailouts must stop. Capitalism doesn't come with a guarantee. You screw up, you're history, or at least that's the way it should be. All the pigs feeding at the Govt. trough is quite an ugly sight.



Perhaps you are not as cunning and weasely as the Dems. If they hurry to bail out all thier contributors now, before the end of 2008, they will be able to blame it all on the Republicans later. This is a standard ploy they use, and their cronies in the media will help spread these lies as usual. If they wait until BO is in power, it will be less convincing for their followers, but that won't stop them from telling the same lies anyhow - they always do.
If this is news to you, try looking up your new vice-savior and his relationships with banking, i.e. MBNA.

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