The ..2012.... Political thread
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appletart2:
Let hope we are not going to have a day to day break down of what Brack should of done or is or is not doing. However Sara Palin on the other hand is meeting with Fox news in Alaska for a interview and as I predicted right here on this thread, it would be Fox's news or Desperate House wife's in her future. Looks like Fox news has their eye on her. Maybe she will get Oreilly job. Oh happy days.
Actually it was Fox News that first reported the bogus claims that she is an idiot. The three networks and CNN to a lesser extent were all in the tank for Obama. A watchdog group noted the Fox News had 40% negative on Obama and 40% negative on McCain. The others didn't even come close. Chris Matthews, who said he gets a tingling up his leg when Obama speaks now says it's his(Matthews) job to make sure the Obama presidency is a success. A real journalist would get fired for saying that. Matthews is supposed to be a journalist. Right now he's a joke. Even Bill Mahar said Olbermann and Matthews both want to have sex with Obama. Dan Rather, who tried to throw the 2004 election Kerry's way with fake military records on Bush has said the media are in the tank for Obama. So give me one good reason why Palin should go to MSNBC or one of the other DNC networks? O'Reilly has invited her on several times and so far she hasn't appeared. O'Reilly is in the tank for no one. You would need to watch him to know that instead of going to hate groups websites to be told how to think.
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EXCLUSIVE: Agenda disappears from Obama Web site Stephen Dinan Tuesday, November 11, 2008 Over the weekend President-elect Barack Obama scrubbed Change.gov, his transition Web site, deleting most of what had been a massive agenda copied directly from his campaign Web site. Gone are the promises on how an Obama administration would handle 25 different agenda items - everything from Iraq and immigration to taxes and urban policy - all items laid out on his campaign Web site, www.BarackObama.com. for entire article: http://washingtontimes.com/news/2008/nov/11/exclusive-obama-deletes-agenda-from-transition-web/
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Hi Andy,It sounds like someone talked some common sense into him. This is one president I won't criticize for breaking campaign promises. The economy changes so much so often that what is right last week could be wrong next week. I just hope he doesn't gut the military and demoralize the troops the way Bill "I loathe the military" Clinton did.
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Mikemc:
Hi Andy,It sounds like someone talked some common sense into him. This is one president I won't criticize for breaking campaign promises. The economy changes so much so often that what is right last week could be wrong next week. I just hope he doesn't gut the military and demoralize the troops the way Bill "I loathe the military" Clinton did.
Let's hope so
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deKooningartist:
What you read in the newspapers or hear in the news and what is actually true is astounding! I am not considered wealthy by Obama's standards. But I have a comfortable life. I've worked hard all my life. I kept hearing day in and day out about how no one could get example car loans and it was hurting the car industry something terrible. The entire country was collapsing. During this entire mess, when so called 'credit' was frozen, I got a loan for a second car!!! I have a mortage, a car loan on a new Jeep wrangler, and walked into a dealership on a Sunday night and drove home a 2005 Retro T-Bird! My friends and family were shocked! They couldn't believe I got a loan! According to the news, absolutely no one unless you were in that 1% wealthy category, could you possibly get a loan of any kind and even those people were having a hard time. But I did. Of course, that week I went in and paid off my new Jeep. I don't want two car payments. It's hard to trust what you hear nowadays.
It's because you have a high credit score. That means you pay your bills on time and you're only using a small percentage of available credit on your credit cards. When money is loaned and the person doing the loaning sees a responsible borrower they make money. In the past they gave auto loans to people with less than a good credit score but charged a higher rate of interest. Depending on the risk anymore a down payment may be needed and it could be substantial.
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The thing is Mike, if you only had access to the national news like my mother you would have believed that absolutely no one could get a loan! I started watching the stations my mother tunes into and I couldn't believe what they were reporting. Election time has always been referred to as the "Silly Season". I think they should add "the Embarrassing News Media Season". And wasn't it Brokaw the other night on Charlie Rose when when Brokaw told him in the interview in reference to Obama "We don't know that much about him.........and there's alot about him that we don't know" : Could it be the reason you don't know that much about him cause you weren't doing your freakin' job???? He's had 21 months! : Tom Brokaw on Charlie Rose:
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deKooningartist:
If you want to blame the Bush administration for the bailout plan, you have to include the congress who approved it. And remember, the Democrats have the majority.
Exactly right! People should remember this when a) Blaming Clinton alone for anything that happened after 1994, and b) Pushing some story about Pelosi and Reed holding the government to ransom, be it the Bush administration or the incoming Obama administration. They have rolled over every time.
Mikemc:
I would rather pay higher cap gains tax than to lose money altogether.
Hello, common sense!
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Nice avatar Bill.
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SurSteven:
The top 10% of government office positions, including the congress and senate, should be strictly volunteer.......in order to strike a fair and truly balanced structure to our leadership And, of course this is going over your head @ the speed of light squared! Why wouldn't it ?
uh, most of them have wives, husbands and kids..... Unless you want just multimillionaires running the show, like Mitt Romney or Hank Paulson.....hmmmmm.
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21st Century Paul:
Well General Motors, Chrysler and Ford are knocking at the door of the gov asking for 50000 milions dollars. Money coming too from the taxes, of course. Anyway this is how it seems it's gonna be. Roosevelt may be Obama's fav president or so... http://en.wikipedia.org/wiki/New_deal
Well he cites Lincoln and Reagan as well Not the first time the auto industry has come to washington.....funny how no one had a problem when the airlines asked after 2001...
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mustangsally10:
The US auto makers have been resisting government intervention demanding higher cafe standards (more fuel efficient vehicles) all the time losing market share to other countries who were building the fuel efficient cars that americans have been buying. They have been poorly managed and influenced by the oil industry to build big gas gussers vehicles like hummers and others SUVs. They deserve to fail but unfortunately they are huge employers so I doubt they will be allowed to fail. The US is bleeding jobs that is one of our biggest problems. We have so many problems but Obama will have to start with the economy which is in meltdown. Update: I understand that if they are given any government aid it will be required that they use much of it for fuel efficient vehicles.
Yes they are huge employers.....and as such they have not been able to do as much with health care and pensions as other companies have.....that's a major part of their problem as well.....GM has a great fuel efficient car coming in 2010, Chrysler is now privately owned, and it is difficult to see how Ford can't be included in the mix..... I've heard the same thing about the airline industry that hasn't fully recovered from 9/11......I can't see any American making the "sacrifice" of getting to LA by Amtrak
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Bill:
jaipur:
Last time I looked, capital gains result from portfolios performing.....since they haven't been not sure if much is to be gained by raising taxes.....at least not right away.
Anyone who still had money in the stock market at the beginning of last week ought to be able to claim it as a charitable donation.
As long as you have a long time horizon, you will be fine....that has been proven time and time again.....which is why those folks need to calm down imnsho.
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21st Century Paul:
deKooningartist:
mustangsally10:
Get a Grip...people are suffering because of the economic situation
I never said there was not. I am responding to your statements of Bush's evil bailout plan. Just a gentle reminder of what actually occured. People are suffering due to these idiots in congress. You are the one that started the finger pointing. Now you are calling foul play????
But we come to the same old point in democracy. Dems and Reps have approved the bailouts and continue... People are suffering due to these idiots in congress... and... people voted the same people ANYWAY... so who is complaining of the situation and voting again the same people? I mean, there's not a thing to solve, people wants these politicians and in democracy, majority rules, so why even criticize our politicians, they are the people's choice, majority backs them, so... as Bill says, and I think Churchill said, and I like the quote too, "Every country has the government they deserve". it's like... "...but we like them anyway"
a minor point, Oliver.....we're a republic, not a "democracy"
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Mikemc:
Bill:
jaipur:
Last time I looked, capital gains result from portfolios performing.....since they haven't been not sure if much is to be gained by raising taxes.....at least not right away.
Anyone who still had money in the stock market at the beginning of last week ought to be able to claim it as a charitable donation.
Two excellent points. If Obama raises capital gains taxes as he promised selling stocks now would more than likely result in a loss. But selling at a loss is a tax write-off. I would rather pay higher cap gains tax than to lose money altogether. There's something about our tax laws that has me baffled. I've seen tenants who rent commercial space for a store lose their business because the landlord wants to up the rent four fold. Then when the business shuts down the store is empty for up to two years, sometimes more. The landlord is never gonna get his 4x increase so how does it make sense for him to toss a tenant who always pays his rent on time, leave the place empty for a couple of years, then rent it again for the same rent he was getting???? : Hey Mike .....sounds like the mortgage on the building may be in double digits (hence, the increase).....when a bank takes property the renter can't stay (usually in most states)....might've been the bank that upped it to get them out.....they don't want to own property, easier to sell later if it's empty....just a thought. The loss/charitable contribution is sad because when people make less money for any reason it's the charities that suffer. The rich who donate the most will often cut back on charity as a way to protest higher taxes. My brother in law is president and coo of a fortune 500 company. He and another guy built it up by being "hands on". While he now makes more in two weeks than I ever earned in a full year I don't begrudge him because when he's not traveling around the world he puts in about 70 hours a week at the office and still brings home a ton of work. When they started and risked everything on a company that could have failed he was in the office from about 7am to 11pm six to seven days a week for the first few years. Now he's on the road for about 2 weeks out of each month. He has been for past dozen or so years. He'll fly overnight for 8 hours to London and go straight to meetings etc... all day. They have since merged with another company and acquired other small companies over the years. They employ about 1200 people. Quite often they attend charity black tie affairs that raises serious money. Also, my sis and b' in law for several years took families into their home for several weeks at a time because some charity they're involved with takes in sick/injured children from Central America in need of surgery and the doctors donate their time to operate for free and the hospitals donate their space and staff. That's the side of rich people we never hear about.
Excellent point too. btw, I used to do that overnight to London or Paris back in the day as well.....funny how people just look at the $$$ and don't bother to see what's behind it.
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21st Century Paul:
The funny thing of the Obama effect and New Deal 2 is that the present paranoia is very probably going to turn for the oppossite in the long run... New Deal 1, besides the effects on economics, made the stocks markets rise after 3 years of falling. And that lasted decades. Roosevelt was elected president 4 times!. Here we talked about the USA cause is the country we all know, but in Europe they're doing or planning to do the same. bye, bye capitalism, welcome or welcome back welfare, capital-socialism, socio-capitalism, the hybrid model, social economy with a free market... it has a lot of names But this time there ain't be gonna 2 big superpowers with extreme capitalism and extreme socialism. Extreme Socialism failed by lack of freedom, motivation, creativity and extreme capitalism failed now and in the 1930's for greed, huge differences between the rich and the poor, financial crisis, spiral of consumism and ambition... It looks like the world is gonna refund the system, even the USA, China or Russia, who have been on the extreme sides of it all... Good luck to everyone. And God Bless This Mess.
You seem to have forgotten that when the government took positions back then, they later sold them just as they will do this time around.....that's capitalism, not socialism.
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jaipur:
mustangsally10:
The US auto makers have been resisting government intervention demanding higher cafe standards (more fuel efficient vehicles) all the time losing market share to other countries who were building the fuel efficient cars that americans have been buying. They have been poorly managed and influenced by the oil industry to build big gas gussers vehicles like hummers and others SUVs. They deserve to fail but unfortunately they are huge employers so I doubt they will be allowed to fail. The US is bleeding jobs that is one of our biggest problems. We have so many problems but Obama will have to start with the economy which is in meltdown. Update: I understand that if they are given any government aid it will be required that they use much of it for fuel efficient vehicles.
Yes they are huge employers.....and as such they have not been able to do as much with health care and pensions as other companies have.....that's a major part of their problem as well.....GM has a great fuel efficient car coming in 2010, Chrysler is now privately owned, and it is difficult to see how Ford can't be included in the mix..... I've heard the same thing about the airline industry that hasn't fully recovered from 9/11......I can't see any American making the "sacrifice" of getting to LA by Amtrak
The US auto makers have so many problems one of the major is that for most of the past years they have been concentrating on profits from their credit divisions and neglecting what they are there for; to build quality and marketable vehicles. For many of the past years they have had more financial people than real car people involved in their business decisions. I agree with you health care and pensions is another major problem for the auto industry. There is no turning back from the fact that we are in a global economy and the countries we are competing with all provide their citizens with health care which makes their businesses more competitive. We need to do the same. I don't understand why business has not been lobbying the govt. to provide universal health care. Makes sense...perhaps that's why
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Interesting article about Obama winning the 'rich' vote which he did by a big margin. http://www.newsweek.com/id/168333?from=rss I have been around very rich people all my life. And it seems that they are like other people, some are generous and some are not. I'm sure the generous ones will not mind paying more of their fair share for the benefit of everyone. The others of course will fight it tooth and nail
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Kuddoos to Howard Dean one of the main architects of the massive democratic win Love the guy
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Well, just making the cars isn't enough Any profits can be loaded back into development.....it seems that's where the fuel efficient model coming out in 2010 came from After all your competitors finance their products as well...... The unions need a come to jesus meeting imo. It seems interesting to me that people forget that 31 states are in a hole as well, yet the focus is just on businesses....should California or NY be thrown under the bus?? Also too, the health care issue is a very complex issue.....just saying "universal health care in the US" and abracadbra won't make it happen. Unless of course Barry's been practicing his slight of hand...
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Bill:
Mikemc:
I would rather pay higher cap gains tax than to lose money altogether.
Hello, common sense!
Yes that would apply to the average investor. But not the high rollers, the multi-millionaires/billionaires in the U.S. that buy and sell millions of shares everyday actively effecting the market. This is from CNN Money reporting prior to the election explaining the two candidates positions. McCain's plan was to futher slash long term capital gains until 2010 to revive the market by attracting new investment. http://money.cnn.com/2008/10/15/news/economy/capital_gains/
If anything, slashing the capital gains tax for two years may prompt more people to sell by the end of 2010, injecting more volatility into the stock markets, experts said. "What you're telling people is to invest today with plans to take the money out next year or the year after," said Roberton Williams, principal research associate at the Tax Policy Center in Washington. "
What they failed to report was McCain's position at the end of 2010. So using CNN's reasoning, if McCain could effect the market in 2010 by an increase, why wouldn't Obama's plan for increase, not effect the market? Obama had been running his campaign on raising taxes on the wealthy and slashing taxes on the middle class...growing the economy from the bottom up. I'll be curious to see if he sticks to his economic philosophy.