September 2008

What’s the thinking behind the Obama tax plan? Why does it sound so much more caring and empathetic than other plans? It seems to have something for everyone, just like his health care plan.

Karl Marx and Vladimir Lenin have inspired to many on the left who are wanting to enter government and politics, and it appears that their inspiration is at work here too.

Lenin said that the best way to destroy a Capitalist System was to debauch the currency. By continuing a process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

Inspiration for the Obama Tax Plan


And that woman ‘beyond all choice’ will be Governor Sarah Palin!

Tonight I caught part of the O’Reilly Factor on Fox News. O’Reilly was trying to make a news item out of recent Sarah Palin public events where she has met with several international foreign leaders. He suggested that somehow her not wanting to take questions from the “friendly media” after these events somehow spoke to her inexperience and that this was some sort of on the job training.

One of Bill’s guests was Dr. Caroline Heldman. It was quite obvious that Caroline despised Governor Palin. She thought that it was “unprecedented that we have vice presidential candidate who is essentially getting job training during the campaign, she’s not ready for prime time”. Caroline had contempt for Governor Palin because she didn’t study at elite institutions and only got her passport last year and she added that “She is the least qualified Vice Presidential Candidate we’ve ever had.” Somehow her experience as a Mayor and Governor, and her education at the University of Idaho were somehow insufficient.

Don’t just sit there. Believe in Barack. Together you will hope for change. Together you will be present in America. Take a good look at the company you will be keeping in support of Barack. Be sure to research this guy.

The Obama campaign and the mainstream media are starting to increase the rhetoric on racism and Obama being black (really, is he?). Now they are saying there is a hidden 6 point drop in the polls on election day just because he looks black.

Who wants to win like that, McCain should forfeit now.

While John McCain co-sponsored a bill (S.190 Federal Housing Enterprise Regulatory Reform Act of 2005 ) that would have prevented the Fannie Mae and Freddie Mac meltdown, Barack Obama and democratic leadership profited directly from the mortgage crisis. They prevented the establishment of regulatory oversight of Fannie Mae and Freddie Mac that would have required the companies to eliminate their investments in risky assets.

Are you surprised?

Be sure to DIGG the source article.

The George Bush tax cuts, you know, those tax cuts for the ‘rich’ (democratic code word for anyone earning a salary) are not permanent. They are set to expire in the next presidents term. If they expire income taxes will go up for everyone, the tax credit on children will go back down, estate tax (death tax) maximum will go back up to 60%, marriage penalty will be revived, and capital gains taxes will increase. So if you’re married, or have children, or own a house, or have a retirement plan, UNDER AND OBAMA PRESIDENCY YOU ARE SCREWED.

Obama voted against extending the current tax rates in all of these areas.

If Obama wins:

The Bush tax cuts that have played such an integral role in our emergence from the last recession and our admirable growth over the last six years will expire at the end of 2010. That event, if allowed to occur, will represent the largest tax increase in American history-as much as $2 trillion over 10 years by some estimates. This compares with the Clinton tax increase that was scored at $240 billion over five years.

From “Ticking Tax Time Bombs” by Dr. Martin Regalia

Under an Obama presidency, when you sell your home and make a profit, you will pay 28% of your gain on taxes. Under an Obama presidency, if you are looking toward retirement and would like to down-size your home or move into a retirement community, 28% of the money you make from your home will go to taxes. The elderly, whose home is their biggest investment, GET SCREWED.

Under a McCain tax plan, you will pay zero taxes on home sales up to $500,000 per home (couples). McCain does not propose any change in existing home sales income tax.

Under an Obama presidency, If you have any money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes.

Under a McCain tax plan, the that tax rate stays the same at %15.

Obama doesn’t have to do anything to raise taxes, he doesn’t even have to mention it in his plan, all he has to do is vote present. that’s because its the Congress that decides what plan gets passed. If his doesn’t pass, and they do nothing. Like magic, taxes will increase.

You may also want to research and understand the Alternative Minimum Tax or AMT.

The alternative minimum tax (or AMT) is an extra tax some people have to pay on top of the regular income tax.

The AMT threshold is not indexed for inflation so that over time, the real income threshold declines and the fraction of taxpayers subject to the AMT rises over time. This is known as fiscal drag or bracket creep.

Oh yeah… John McCain will permanently repeal the Alternative Minimum Tax (AMT) — a tax that will be paid nearly exclusively by 25 million middle class families.

Perhaps we should ask Barack his position on taxes.

This question has been coming out a lot lately. The Obama campaign, the news media, and pundits, actors, and the like have all been asking it. I have never seen this question asked before. Is it just because she is a women? And why is it that mostly the liberal establishment have been asking that question? Where is the feminist outrage? I thought that the liberals democrats championed womens rights? Or is that only when those rights match their ideology?

So what are the qualifications for the office of President (and Vice President) of the United States?

Next Page »