Barack Obama, our next President

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ... Full Story

Since: Dec 12

Location hidden

#830800 Dec 30, 2012
Anonymous of Indy wrote:
<quoted text>here is another example of the interpretation & implementation of Socialism dealing with the Commerce Clause and and what the Democrats did in 1944 after the SCOTUS issued its ruling in United States v. South-Eastern Underwriters Association since the Democrats didnt like the direction Socialism was taking after the SCOTUS ruled that the US Federal Government could regulate insurance companies(Including Health Insurance) under the authority of the Commerce Clause in the U.S. Constitution. So the Democrats in Congress passed and FDR Signed into Law the McCarran–Ferguson Act which provides that federal anti-trust laws will not apply to the "business of insurance" as long as the state regulates in that area, but federal anti-trust laws will apply in cases of boycott, coercion, and intimidation. By contrast, most other federal laws will not apply to insurance whether the states regulate in that area or not.
McCarran–Ferguson Act
http://en.wikipedia.org/wiki/McCarran%E2%80%9...
United States v. South-Eastern Underwriters Association
http://en.wikipedia.org/wiki/United_States_v....
You're a nut, the question was how the Constitution precluded capitalism.

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“Constitutionalis t”

Since: Dec 10

Conroe, TX

#830801 Dec 30, 2012
Lincoln wrote:
<quoted text>
taxes
Where will the money come from to pay for Obama's government?

Taxes.

Who will pay these taxes?

If you taxed the top 10 percent at 100 percent and made them destitute, you still wouldn't have enough money to pay for Obama's government. So...

Where will the money come from to pay for Obama's government?

So far, nobody in the world has been able to answer this question. Anybody here got an answer?

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carol

Orlando, FL

#830802 Dec 30, 2012
Guess we'll know soon if the Senate Democrats and President Obama are willing to compromise to keep us all from paying more in taxes next year.

It was Treasury Secretary, Tim Geithner, after all, who said the Obama administration was prepared to dive off the fiscal cliff if Republicans don't agree to give them everything they want.

Is this the new and improved kind of leadership the majority wanted - castrating the military and creating another recession?

Somebody on the left help me out here.

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Yeah

Mililani, HI

#830803 Dec 30, 2012
shinningelectr0n wrote:
<quoted text>
In his question "Where are you going to get the money from to pay for Obama's government?", the emphasis is on "Obama's government".
We already know that government's rely on tax revenue to function but this government - the Boy Messiah government - has so far relied on deficit spending and Chinese Buying of our debt. That's not enough for him because he wants to keep on deficit-spending PLUS tax those Evil Wealthy for even more.
No one here has yet answered the question with anything more specific than your silly "From EVERYBODY.".
Maybe the Boy Messiah should borrow more Chinese money to purchase Lottery Tickets with. PowerBall anyone?
Actually son, the Chinese were buying out debt before Obama ever reached the WH.

I guess you're asking how we're going to pay for the inherited debt from bushie.

Well, we know bushie doesn't have to answer.

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PDUPONT

Chicopee, MA

#830804 Dec 30, 2012
shinningelectr0n wrote:
<quoted text>
In his question "Where are you going to get the money from to pay for Obama's government?", the emphasis is on "Obama's government".
We already know that government's rely on tax revenue to function but this government - the Boy Messiah government - has so far relied on deficit spending and Chinese Buying of our debt. That's not enough for him because he wants to keep on deficit-spending PLUS tax those Evil Wealthy for even more.
No one here has yet answered the question with anything more specific than your silly "From EVERYBODY.".
Maybe the Boy Messiah should borrow more Chinese money to purchase Lottery Tickets with. PowerBall anyone?
Hey Stupid! Where do you think that Bush got the money for his wars that we're still paying for?
You're an idiot!

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carol

Orlando, FL

#830805 Dec 30, 2012
sonicfilter wrote:
Why the Economy Needs Tax Reform
The main problem is that the current tax code is incapable of raising the revenue needed to pay for the goods and services of government. Over the last four years, federal revenue as a share of the economy has fallen to its lowest level in nearly 60 years, a result of the recession, the weak recovery and a decade’s worth of serial tax cuts. Even with deep spending cuts, the chronic revenue shortfall is expected to continue, swelling the federal debt — unless taxes go up. To stabilize the debt over the next 10 years while financing more investment would require at least $1.5 trillion to $2 trillion in new revenue, above what could be raised by letting the top income tax rate revert to its pre-Bush-era level of 39.6 percent.
A logical way to help raise the additional needed revenue would be to tax capital gains at the same rates as ordinary income. Capital gains on assets held for more than a year before selling are taxed at about the lowest rate in the code, currently 15 percent and expected to rise to 20 percent in 2013. That is an indefensible giveaway to the richest Americans.
http://www.nytimes.com/2012/12/30/opinion/sun...
it's not a political question anymore. the Bush tax cuts did not produce as advertised.
2001 guess.....
The Economic Impact of President Bush's Tax Relief Plan
Significantly increase economic growth.
Create more job opportunities.
Substantially increase family income.
Effectively pay off the federal debt.
http://origin.heritage.org/research/reports/2...
fail.
Since when have Democrats been in favor of tax reform? Increasing taxes on a few to pay for 7 days of government spending - of which this administration wants to do more of - isn't tax reform.

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sonicfilter

Indianapolis, IN

#830806 Dec 30, 2012
In his first Sunday show interview since his reelection, President Barack Obama admonished congressional Republicans for their unwillingness to compromise over debt-reduction and implored the media to cast aside its pox-on-both-your-houses coverage.

With the deadline to negotiations over the so-called fiscal cliff looming in the backdrop, the president took to "Meet the Press" to defend his efforts to try and find common ground. He noted that he had moved off his initial demands for revenue (once $1.6 trillion, now $1.2 trillion), agreed to entitlement reforms (reduced Social Security benefits) and already passed hefty spending cuts ($1 trillion as part of the Budget Control Act in 2011). And for that, he added, he was still waiting for Republicans to get closer to half-way.

“We have been talking to the Republicans ever since the election was over. They have had trouble saying yes to a number of repeated offers,” said the president, according to an advance transcript of the interview. He would add, later:“[S]o far, at least, Congress has not been able to get this stuff done. Not because Democrats in Congress don't want to go ahead and cooperate, but because I think it's been very hard for Speaker Boehner and Republican Leader McConnell to accept the fact that taxes on the wealthiest Americans should go up a little bit, as part of an overall deficit reduction package.”

The president's tone was tougher than usual. In the past, he’s been hesitant to directly rebuke congressional Republicans, choosing instead to attack the legislative body as a whole.

But the last few weeks of negotiations have clearly frustrated both him and his staff. White House aides were particularly piqued at Speaker John Boehner (R-Ohio) for shelving negotiations over a larger fiscal cliff deal in pursuit of a tax-rate-only option. That ended the legislative progress in the House and forced the Senate to pick up talks. With just days before tax rates rise on all income rates and $1 trillion in decade-long spending cuts go into effect, Senate leaders met on Saturday to find a way through the impasse.

http://www.huffingtonpost.com/2012/12/30/pres...

before you have a cow.....

The Rasmussen Reports daily Presidential Tracking Poll for Sunday shows that 57% of Likely U.S. Voters at least somewhat approve of President Obama's job performance. Forty-two percent (42%) at least somewhat disapprove

http://www.rasmussenreports.com/public_conten...

i wonder how high it'll go after that interview? i'll let ya know.

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sonicfilter

Indianapolis, IN

#830807 Dec 30, 2012
Yeah wrote:
<quoted text>Actually son, the Chinese were buying out debt before Obama ever reached the WH.
I guess you're asking how we're going to pay for the inherited debt from bushie.
Well, we know bushie doesn't have to answer.
2002.

Reagan just raised taxes.

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Since: Aug 11

Location hidden

#830808 Dec 30, 2012
Death of Tenzing wrote:
<quoted text>
You're a nut, the question was how the Constitution precluded capitalism.
no, you the nut and do know nothing of what Capitalism is or what Private Ownership is Captialism is, he again

In this article, you'll explore capitalism: its roots, principles and effects, benefits and shortcomings. We'll find out how capitalism compares to the alternative method of doing business. Incidentally, the United States doesn't actually practice capitalism. No one does these days.

Real Capitalism: The Idea

Befor­e the Industrial Revolution in the 1800s, countries like Britain and the United States had true capitalist economies. With industrialization, though, came sweat shops, social protest and resulting government intervention in the form of fair labor laws. That's when real capitalism ended.

Today, the economies of nations that are typically referred to as capitalist are in fact mixed economies -- they incorporate certain aspects of capitalism and certain aspects of planed economies. In pure capitalism, things like child labor laws, Social Security, anti-discriminatory hiring practices and a minimum wage have no place. Capitalism rejects all government intervention in economic matters.

http://money.howstuffworks.com/capitalism1.ht...

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Yeah

Mililani, HI

#830809 Dec 30, 2012
shinningelectr0n wrote:
<quoted text>
So the topic you respond to deals with the obfuscation and deception of Liberals and you take us across the Atlantic to a British news scandal?
Like I said above: obfuscation and deception of Liberals.
lol! Actually son, I simply stated facts.

You're drinking the fart news concoction of political confusion. After all, Rebekkah Brooks is still charged and News of the World is still out of business.

All you've offered is your opinion, son!

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“Constitutionalis t”

Since: Dec 10

Conroe, TX

#830810 Dec 30, 2012
Sister Kathryn Lust wrote:
<quoted text>From EVERYBODY. Including the GOP's precious rich, and the Socialists' precious poor.
Read my lips: Every American Pays Taxes.
No exclusions, deductions, exemptions, loopholes, or breaks.
7% FLAT TAX.
ahem.
Well, we finally get a reasonable answer.
However, the last studies done on a flat tax estimated approximately 10 to 12 percent. But, that was before the government became 25 percent of the economy.
If the government is 25 percent of the economy, that means the other 75 percent pays for the 25 percent. 25 percent is one-third of 75 percent.
A flat tax calculation to pay for Obama's government would be in excess of 20 percent.

But, EVERYONE would pay. I do believe if everyone paid for the government they elected, they wouldn't be voting for a bunch of frauds flying a Marxist flag. And, the government would get smaller.

I like a flat tax. EVERYONE pays. No exceptions. No excuses.

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sonicfilter

Indianapolis, IN

#830811 Dec 30, 2012
DBWriter wrote:
<quoted text>
Where will the money come from to pay for Obama's government?
Taxes.
Who will pay these taxes?
If you taxed the top 10 percent at 100 percent and made them destitute, you still wouldn't have enough money to pay for Obama's government. So...
Where will the money come from to pay for Obama's government?
So far, nobody in the world has been able to answer this question. Anybody here got an answer?
drop the Bush tax cuts for everyone.

it's not like we'll be raising taxes. just restoring.

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Since: Aug 11

Location hidden

#830812 Dec 30, 2012
Death of Tenzing wrote:
<quoted text>
I don't need the lesson but thanks anyway. I didn't say we currently practiced capitalism, the last time we saw anything really resembling capitalism was during the westward expansion but that doesn't mean the Constitution and/or taxation precludes capitalism.
you sure do need a lesson on Capitalism.

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Yeah

Mililani, HI

#830813 Dec 30, 2012
shinningelectr0n wrote:
<quoted text>
Once again, I speak of your mouth odor and flies so you reply with something about the killing of troops and civilians.
Again: Liberals obfuscating and deceiving.
lol! Don't you just hate it when people you disagree with speak the truth and you have no defense son?

Other than to use your personal opinions as a response?

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sonicfilter

Indianapolis, IN

#830814 Dec 30, 2012
....conservatives have an absurdly unjustified view that Republicans have a better record on federal finances. It is well-known that Clinton left office with a budget surplus and Bush left with the largest deficit in history. Less well-known is Clinton’s cutting of spending on his watch, reducing federal outlays from 22.1 percent of GDP to 18.4 percent of GDP. Bush, by contrast, increased spending to 20.9 percent of GDP. Clinton abolished a federal entitlement program, Welfare, for the first time in American history, while Bush established a new one for prescription drugs.

Conservatives delude themselves that the Bush tax cuts worked and that the best medicine for America’s economic woes is more tax cuts; at a minimum, any tax increase would be economic poison. They forget that Ronald Reagan worked hard to pass one of the largest tax increases in American history in September 1982, the Tax Equity and Fiscal Responsibility Act, even though the nation was still in a recession that didn’t end until November of that year. Indeed, one could easily argue that the enactment of that legislation was a critical prerequisite to recovery because it led to a decline in interest rates. The same could be said of Clinton’s 1993 tax increase, which many conservatives predicted would cause a recession but led to one of the biggest economic booms in history.

According to the CBO, federal taxes will amount to just 15.5 percent of GDP this year. That’s 2.2 percent of GDP less than last year, 3.3 percent less than in 2007, and 1.8 percent less than the lowest percentage recorded during the Reagan years. If conservatives really believe their own rhetoric, they should be congratulating Obama for being one of the greatest tax cutters in history.

http://www.thedailybeast.com/articles/2009/08...

REVENUE!!!

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carol

Orlando, FL

#830815 Dec 30, 2012
DBWriter wrote:
<quoted text>
Where will the money come from to pay for Obama's government?
Taxes.
Who will pay these taxes?
If you taxed the top 10 percent at 100 percent and made them destitute, you still wouldn't have enough money to pay for Obama's government. So...
Where will the money come from to pay for Obama's government?
So far, nobody in the world has been able to answer this question. Anybody here got an answer?
As long as this administration keeps wanting to spend more and raising the debt ceiling to accomodate more spending, there will never be an answer.

Raising taxes on the few is a punitive measure, but people have been brainwashed to believe it's actually going to make a difference.

We should all take note that cutting spending - other than crippling the military - is all that's on the table by this adminstration when even one of the Obama Team Cheerleaders reported the heaviest burden on government is entitlement spending.

Maybe I just missed major reforms being a part of their solution.

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Yeah

Mililani, HI

#830816 Dec 30, 2012
shinningelectr0n wrote:
<quoted text>
From Dictionary.com :
"capitalism [&#712;kæp&#618;t& #601;&#716;l&#618;z &#601;m]
n
(Economics) an economic system based on the private ownership of the means of production, distribution, and exchange, characterized by the freedom of capitalists to operate or manage their property for profit in competitive conditions. Also called free enterprise private enterprise Compare [socialism]"
Note: "...characterized by the *FREEDOM* of capitalists to operate or manage their property for profit in competitive conditions."
and
"...*FREE* enterprise..."
You would rather listen to the Boy Messiah than to Adam Smith any day because you get free cellphones from the Boy. That's one *FREE* you always connect with.
lol! You must have created your own definition son. Here's what I found.....

"
cap·i·tal·ism
[kap-i-tl-iz-uh&#8201;m] Show IPA
noun
an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth."

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carol

Orlando, FL

#830817 Dec 30, 2012
sonicfilter wrote:
<quoted text>
drop the Bush tax cuts for everyone.
it's not like we'll be raising taxes. just restoring.
If finding less in your paycheck - no matter how much you earn - because more will be taken out for federal income tax and SS tax is what you call restoring...

...yimminy cricket...

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“Constitutionalis t”

Since: Dec 10

Conroe, TX

#830819 Dec 30, 2012
Nuculur option wrote:
<quoted text>
It's been answered.
Go look for it, nitwit.
Has to do with your make believe stories about being an oilman or knowing anything about the industry.
Of course, all your stories are make believe, so it realy doesn't matter.
BTW, when are we going to hang Dick Cheney for treason in his outing of a CIA Agent??
You've dodged that one since the Bush Admisistration.
Correct me if I'm wrong, but it was Robert Novak who "outed" Valerie Plame.
Yes, we should hang Robert Novak for intentionally publishing known state secrets and committing treason.

Now, where were me....

You've been running away from this question for a while.
Where are you going to get the money from to pay for Obama's government?

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Yeah

Mililani, HI

#830820 Dec 30, 2012
shinningelectr0n wrote:
<quoted text>
Like your other guesses, this one, too, is off the mark.
Expecting you to make an educated guess would also end in failure.
lol! And that's why you offer your opinions instead. You can be off the mark AND not have to prove any of it!

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