Obama--the grumblings

[capnhowdy]

That's where your wrong.
There are numerous opinions on this forum.
But not the first asshole.

[TGRR]

Originally Posted by capnhowdy

But not the first asshole.

That's what we'd have been calling Bill, if Hillary had won the election.

[capnhowdy]

//: rimshot://

with cigar.....

[classicman]

Oh thats fucking bullshit and you know it. Like the only ones who ever do anything corrupt are the one on the "other side."

Jeebus cheese itz - get off your high horse.

I never said corruption is one-sided.

Just focusing on the most recent. History will judge if it has been the most corrupt in our lifetime.

[classicman]

P-P-Puhlease....

[Aliantha]

Haliburton...to name one issue of corruption which is unlikely to be judged favourably.

Goodness Classic, surely even you have to admit that's a fact.

[classicman]

Of course it is. Its the onesidedness of it all that bothers me.

[Aliantha]

Well that's just what happens when people are excited about a new leader, and Obama hasn't had time to reveal any direct dealing in corruption yet. If and when the time comes, I guess those of you who are not as happy about his presidency will get to say 'I told you so', but till then, he'll be compared to Bush, and with Bush's history, the comparison isn't going to be good.

It's just the way it is classic. Maybe Redux and others of us will get to eat crow, but for the sake of your country, I hope not.

[classicman]

Obama Declares War on Investors, Entrepreneurs, Businesses, And More

Let me be very clear on the economics of President Obama’s State of the Union speech and his budget.

He is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds.

That is the meaning of his anti-growth tax-hike proposals, which make absolutely no sense at all — either for this recession or from the standpoint of expanding our economy’s long-run potential to grow.

Raising the marginal tax rate on successful earners, capital, dividends, and all the private funds is a function of Obama’s left-wing social vision, and a repudiation of his economic-recovery statements. Ditto for his sweeping government-planning-and-spending program, which will wind up raising federal outlays as a share of GDP to at least 30 percent, if not more, over the next 10 years.

This is nearly double the government-spending low-point reached during the late 1990s by the Gingrich Congress and the Clinton administration. While not quite as high as spending levels in Western Europe, we regrettably will be gaining on this statist-planning approach.

Study after study over the past several decades has shown how countries that spend more produce less, while nations that tax less produce more. Obama is doing it wrong on both counts.

And as far as middle-class tax cuts are concerned, Obama’s cap-and-trade program will be a huge across-the-board tax increase on blue-collar workers, including unionized workers. Industrial production is plunging, but new carbon taxes will prevent production from ever recovering. While the country wants more fuel and power, cap-and-trade will deliver less.

The tax hikes will generate lower growth and fewer revenues. Yes, the economy will recover. But Obama’s rosy scenario of 4 percent recovery growth in the out years of his budget is not likely to occur. The combination of easy money from the Fed and below-potential economic growth is a prescription for stagflation. That’s one of the messages of the falling stock market.

Essentially, the Obama economic policies represent a major Democratic party relapse into Great Society social spending and taxing. It is a return to the LBJ/Nixon era, and a move away from the Reagan/Clinton period. House Republicans, fortunately, are 90 days sober, as they are putting up a valiant fight to stop the big-government onslaught and move the GOP back to first principles.

Noteworthy up here on Wall Street, a great many Obama supporters — especially hedge-fund types who voted for “change” — are becoming disillusioned with the performances of Obama and Treasury man Geithner.

There is a growing sense of buyer’s remorse.

Well then, do conservatives dare say: We told you so?

[TGRR]

Originally Posted by classicman

Obama Declares War on Investors, Entrepreneurs, Businesses, And More

Larry Kudlow.

Listen, Larry...if your way worked, your side wouldn't have lost the election. You failed. It's over.

[sugarpop]

Originally Posted by classicman

Obama Declares War on Investors, Entrepreneurs, Businesses, And More

Isn't he just putting the taxes back to where they during the Clinton years? And you know, when Clinton raised taxes, there was all this whining by the right about how it would wreck the country. In fact, we had a pretty great economy under Clinton, and he even balanced the budget, even though, he too, inherited a deficit that, at that time, was the highest in history. One thing that did surprise me though, was the thing about charity write-offs.

And you know, if the richest people/corporations had not been so corrupt about trying not to pay ANY friggin' taxes, this might not be happening. They really only have themselves to blame. It is greed. "I have a hundred million dollars, but I don't want to pay taxes, I want to keep it all. Fuck the person making 30 grand a year and trying to live off of that. Why is he my responsibility? Even though I did make my money on the backs of people like that."

[TheMercenary]

Originally Posted by sugarpop

And you know, if the richest people/corporations had not been so corrupt about trying not to pay ANY friggin' taxes, this might not be happening. They really only have themselves to blame. It is greed. "I have a hundred million dollars, but I don't want to pay taxes, I want to keep it all. Fuck the person making 30 grand a year and trying to live off of that. Why is he my responsibility? Even though I did make my money on the backs of people like that."

[TGRR]

Originally Posted by TheMercenary

Translation: No argument.

[TheMercenary]

Originally Posted by TGRR

Translation: No argument.

No. Translation: Same ole rant without a lot of merit.