Obama admits cash running out to tax ...

Obama admits cash running out to tax the rich to pay for his programs

Posted in the Indianapolis Forum

The Ultimate Kaptoz

Indianapolis, IN

#1 Jan 1, 2013
Obama held an impromptu press conference on New Years Eve all with the backdrop if supposed average America people. He admitted we will run out of money just taxing the rich. Margret Thatcher said that once, She said Socialism is great as long as you have other peoples money to spend until it runs out. Obama actually admitted that on New Years Eve. He said we have got to lower the thresh hold and tax even those non- rich folks more to cover his broken entitlement programs.Let any Liberal slime on here say Obama didn't say that yesterday. I have the video to back it up =).Yes Obama actually truly wanted us to go off the fiscal cliff. That way those in the lower middle class tax brackets pay even more. I ask Liberals for Obama. What do you think Obama meant , When he said We got to lower the thresh hold of collecting more taxes? Let's see you spin that one.=) Yes today if House republicans vote not to go along with this temporary joke of a bill that does nothing to stop Obama's spending. I say the house republicans should vote no, Give Obama what he truly wanted all along from day one when he became the President. This will show by his words yesterday the need to lower the thresh hold and collect even more taxes from the middle class. This proves what Obama wanted all along. Yet if the Republicans in the house vote yes on this foolish bill, Then I say to the Tea Party go after all that vote yes on this bill. They will say if they don't . Then everyone's taxes will go up. Yes they will. Then they have Obama as the culprit who wants just that all along, They have the press conference he held on News Years Eve admitting what he truly wants to do the middle class. Let's not forget he just gave congress a nice fat pay raise and his federal workers.Now if this bill stands, The Govt collect 41 dollars from us tax payers to every dollar they cut in spending, Which also means they will only cut $15 billion in spending as they collect $800 billion in new taxes from the tax payers. Now tell me whose the real fools?

Indianapolis, IN

#2 Jan 1, 2013
Is he black?

Indianapolis, IN

#3 Jan 1, 2013
Describing the current state of the Republican party, Jon Huntsman said recently, "The party right now is a holding company that's devoid of a soul and it will be filled up with ideas over time and leaders will take their proper place," he said.

"We can't be known as a party that's fear-based and doesn't believe in math," he added. "In the end it will come down to a party that believes in opportunity for all our people, economic competitiveness and a strong dose of libertarianism."

He also recently took issue with the obstructionist policies of the GOP. He identified the goals as "thwart the opposition, stymie the opposition, obfuscate, be a flamethrower, go out there and destroy the system, and here we are."

"In my party, compromise cannot be seen as analogous to treason, which it has been recently," Huntsman said.

Your crash and burn policies as described by one of your own. I suggest that you look in the mirror to find the fool. Happy New Year.
The Ultimate Kaptoz

Indianapolis, IN

#4 Jan 1, 2013
Jim John Huntsman is not anywhere close to even being a moderate Republican, He is a wolf in sheep's clothing , That's why he didn't ge the Republican nomination . He paraded his pretty daughters out there t gain some voters. He will be removed from the party , In hindsight The republican party will be gone, Where as the Tea Party shall be Thee Party that replaces the Republican full of Rino's.I hope the house says no to this recent fiscal bill the senate just passed. It's a junk bill no spending cuts , yet plenty of more taxes too pay.I say vote no to real house Republican on this junk Biden Obama bill. I say let the whole country get hit with the biggest tax bill that Obama always wanted to begin with. The Tea Party shall show everything Obama said on video as of even recently when he said We can't rely on those rich to pay for everything, That money will run out, We got to lower the thresh hold said Obama.That means middle class yuo will have to fork over even more money, Obama lied and so did Joe Biden when they both said they were out to protect you.

Indianapolis, IN

#5 Jan 1, 2013
Conservtive Republicans have been implementing the "starving the beast" approach to spending since 1978. They've done it by cutting taxes in order to use larger deficits to justify spending cuts later. Since Republicans ultimately want lower taxes and a smaller government, what better way is there to cut spending than to make it look urgent and necessary? 30 plus years of making it look like there is a spending crisis when in fact it is a revenue crisis.

“Is that all you've got?”

Since: Jun 10

Location hidden

#6 Jan 15, 2013
What with the baby boomers dying off and being replaced with the unemployed and illegals we are running out of people TO tax. When there are more "recipients" than "contributors" the machine stops with a resounding BOOM! In the midst of the chaos we will accept anything that Obama offers, he hopes.


Since: May 08

and not from Russia

#7 Jan 15, 2013
nanoanomaly wrote:
What with the baby boomers dying off and being replaced with the unemployed and illegals we are running out of people TO tax. When there are more "recipients" than "contributors" the machine stops with a resounding BOOM! In the midst of the chaos we will accept anything that Obama offers, he hopes.
I really really really really wish that people could just wrap their brains around EXACTLY THAT. It's patently obvious, but everyone's just after the easy life, it seems, although being on any kind of AID is not fun, and that's what I don't get. It's almost like their attitude is "I don't care if it's not enough money to live on, just as long as its SOMETHING." Then they figure out how to game the system and stay on it indefinitely, turning down job after job because it's beneath them.

Trust me, it's going to get to that point. You can't stop people from aging. If they live (and they will, with todays advanced life-saving and life-EXTENDING treatments for conditions that used to kill people before they could collect anything, and the sheer NUMBERS alone, this whole system will topple under the weight of itself within 5 years. 10,000 people PER DAY are reaching retirement age. link: http://www.pewresearch.org/daily-number/baby-...
This is unsustainable. By the time the current admin is done eviscerating our economy, we will be all done, I'm afraid.

Lets see, that would make it about 365,000 people per year.


Since: May 08

and not from Russia

#8 Jan 15, 2013
Here's some more numbers and facts from your favorite statisticians, the Pew Center:

As the year 2011 began on Jan. 1, the oldest members of the Baby Boom generation celebrated their 65th birthday. In fact, on that day, today, and for every day for the next 19 years, 10,000 baby boomers will reach age 65. The aging of this huge cohort of Americans (26% of the total U.S. population are Baby Boomers) will dramatically change the composition of the country. Currently, just 13% of Americans are ages 65 and older. By 2030, when all members of the Baby Boom generation have reached that age, fully 18% of the nation will be at least that age, according to Pew Research Center population projections. But donít tell Baby Boomers that they are old. The typical Boomer believes that old age does not begin until age 72, according to a 2009 Pew Research survey. Also, while about half of all adults say they feel younger than their actual age, fully 61% of Boomers are feeling more spry than their age would imply. In fact, the typical Boomer feels nine years younger than his or her chronological age.

TRANSLATION: Us old folks aren't going anywhere, any time soon. If you're waiting for us to die off so that you can entertain ANARCHISTIC idealogoy, don't hold your breath. Just remember, for every OLD person that dies, there's another person becoming OLD, too. There will NEVER BE NO OLD PEOPLE! Unless you live in the land of skittles and Unicorn farts.


Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Indianapolis Discussions

Title Updated Last By Comments
Skye aka Angel Sellers dancer (Sep '13) 15 hr Angel Sellers 11
News Constable arrested after bar fracas (Feb '08) 20 hr Harry X 97
Shelton Figley find him 23 hr Stone cold 1
Have you ever watched your wife with another man Fri bob 3
Prostitutes at Buds truck stop in the 80's Fri Slickman 5
Shooter in Oregon hated Chritians and white pe... Oct 7 ignorance in da h... 7
Ashley Judd Jugghead Oct 7 The Truth Sayer 1
More from around the web

Personal Finance

Indianapolis Mortgages