Barack Obama, our next President

Full story: Hampton Roads Daily Press

"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 ...

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sonicfilter

Indianapolis, IN

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#830807
Dec 30, 2012
 

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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.

Since: Aug 11

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#830808
Dec 30, 2012
 

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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...
Yeah

Mililani, HI

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#830809
Dec 30, 2012
 

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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!

“Constitutionalis t”

Since: Dec 10

Conroe, TX

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#830810
Dec 30, 2012
 

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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.
sonicfilter

Indianapolis, IN

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#830811
Dec 30, 2012
 

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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.

Since: Aug 11

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#830812
Dec 30, 2012
 

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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.
Yeah

Mililani, HI

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#830813
Dec 30, 2012
 

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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?
sonicfilter

Indianapolis, IN

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Dec 30, 2012
 

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....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!!!
carol

Orlando, FL

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#830815
Dec 30, 2012
 

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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.
Yeah

Mililani, HI

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#830816
Dec 30, 2012
 

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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."
carol

Orlando, FL

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#830817
Dec 30, 2012
 

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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...

“Constitutionalis t”

Since: Dec 10

Conroe, TX

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#830819
Dec 30, 2012
 

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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?
Yeah

Mililani, HI

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#830820
Dec 30, 2012
 

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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!
Yeah

Mililani, HI

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#830822
Dec 30, 2012
 

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Anonymous of Indy wrote:
<quoted text>its Socialism because the US Constitution allows the Federal Government to get involved in economical activity which the US Constitution grants that authority through the use of Article 1 Section 8 Clause 1 the Taxing Power which Capitalism rejects and is the very first power given to Congress by the US Constitution, the power to tax. Money is power, and in the governmental structure created by the US Constitution, Congress—not the president—controls the money.
Article 1, Section 8
Clause 1. The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
The very first power given to Congress by the Constitution is the power to tax. Money is power, and in the governmental structure created by the Constitution, Congress—not the president—controls the money. Congress also has the power to levy tariffs (taxes on imported goods) but it's not allowed to charge more for imports into one state than into another. The Framers of the Constitution probably put the tax power first on the list of Congress's enumerated powers because they were acutely aware that one of the biggest problems of the old Articles of Confederation was that its version of Congress did not have the power to tax, and thus didn't have the power to do much of anything at all.
http://www.shmoop.com/constitution/article-1-...
lol! Ding! Ding! Ding! Ding!

Winner!
sonicfilter

Indianapolis, IN

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#830823
Dec 30, 2012
 

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carol wrote:
<quoted text>
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.
yes, i know how confusing it must be for you wingnuts to understand.....We have to start somewhere.

since the republican refusniks won't do the right thing, which is to go all in, then if that means we have to chip away at the problem that's a much better solution than 'nothing'.

oh yeah....cut spending! we can't cut enough at our current rate of revenue. it will take a combination of cutting spending and raising taxes to get the job done.

and please don't foist some Heritage crap on me. discredited doesn't even begin to describe that outfits series of economic guesses.

“Constitutionalis t”

Since: Dec 10

Conroe, TX

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#830824
Dec 30, 2012
 

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carol wrote:
<quoted text>
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.
I believe you are correct. The Democrats have no intention of maintaining a solvent government. They are well aware that it is impossible to pay for Obama's government. There is not enough income to be taxed to pay for it, and they are well aware of this. The collapse of our govenment is a certainty.
They intend to use that situation they created for justification of the government taking control of everything....
Thus, beginning a civil war.
That is their intent. They are Marxist. Revolution is their credo. That's the goal of everything they are doing. If you read Saul Alinsky, you can predict everything they do.
Yeah

Mililani, HI

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#830825
Dec 30, 2012
 

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Anonymous of Indy wrote:
<quoted text>Article 1 Section 8 Clause 3 & and the Sherman Anti Trust Act are example of Socialism which is alive and well in the United States and is proof of that the US is Anti-Capitalism which Clause 3 of the US Constitution and the Sherman Anti Trust Act allow the Federal Government to get involved economically in the US economy and Monopolies are inherit to Capitalism.
Sherman Antitrust Act
The Sherman Antitrust Act (Sherman Act, July 2, 1890, ch. 647, 26 Stat. 209, 15 U.S.C.§§ 1–7) is a landmark federal statute on competition law passed by Congress in 1890. It prohibits certain business activities that reduce competition in the marketplace, and requires the United States federal government to investigate and pursue trusts, companies, and organizations suspected of being in violation. It was the first Federal statute to limit cartels and monopolies, and today still forms the basis for most antitrust litigation by the United States federal government.
http://en.wikipedia.org/wiki/Sherman_Antitrus...
Article 1, Section 8
Clause 3. To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;
Congress has the power to impose regulations on interstate and international business. This "interstate commerce clause" has been quite controversial in the history of constitutional law; for a long time, judges tended to read the clause narrowly, overturning federal laws they deemed focused mainly on regulating economic activity within states rather than between them. Since the 1930s, however, judges have tended to read the clause broadly, allowing the government to regulate all kinds of economic activity—by setting a national minimum wage, for example.
http://www.shmoop.com/constitution/article-1-...
Very good! You like to post clarity on points where people deliberately obfuscate and like to use the terms "freedom" with "capitalism", don't you?

“Constitutionalis t”

Since: Dec 10

Conroe, TX

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#830826
Dec 30, 2012
 

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carol wrote:
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.
That was an empty threat. In the fiscal cliff are cuts to government spending. That's poison to them. Their entire strategy requires increased government spending. If you noticed, Republicans are willing to sacrifice some things to achieve some fiscal sanity in our government. A sacrifice would be tax increases. The Democrats cannot sacrifice the primary element of their plan, continued increase of government spending.

Let the fiscal cliff come. It's the only sane thing our government has done in the past 4 years.
I'm satisfied with it. At least government spending is cut. That is the most important thing that needs to be done. We can work the rest out later.
And, NO MORE DEBT. NOT FOR ANY REASON. Make the government grow up and live within the means the economy provides.
sonicfilter

Indianapolis, IN

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#830827
Dec 30, 2012
 

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carol wrote:
<quoted text>
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...
did the Bush cuts cut those taxes?

but i don't see the problem. even Bush didn't see the problem.....

if he did then why weren't they permanent? i'd love to see one of you experts in all things failed present us with the right wing blogger/FOX take on that one.

Since: Aug 11

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#830828
Dec 30, 2012
 

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Yeah wrote:
<quoted text>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."
Right, everything is privately owned in a Society based on Capitalism which there wouldnt be Public Schools, Libraries, & Highways but would be considered Private Schools, Libraries, & Highways owned by private individuals just like the Railroads started out being owned & controlled by Private Individuals.

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