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redbard September 9th 08 03:00 PM

Obama's spending
 
http://www.iht.com/articles/2008/09/...a/09donate.php

Since Obama has no prior executive experience one can only look to his
campaign.

1. Out raised McCain by several fold.

2. Outspent both Clinton and McCain by several fold.


Results:

He can't close the sale. In fact, he's trailing McCain in the polls and
falling further behind.

Now's it looks like his judgment about the surge of funds may be a bit off.



Now look at his proposed policies:

Big, big spending. Thousand dollar handouts to each American, billions upon
billions to Africa, billions for "alternative energy", billions for green
jobs, billions, billions and billions more.

All his hopes and plans are contingent on the money well overflowing. What
happens when the well runs dry?

Will his goals be accomplished?



Capt. JG September 9th 08 05:29 PM

Obama's spending
 
"Dave" wrote in message
...
On Tue, 9 Sep 2008 08:00:33 -0600, "redbard" said:

Thousand dollar handouts to each American


Ah, but he has a wonderful solution. Call the handouts to people who don't
pay taxes a "tax cut." We used to call it welfare.



Umm.... another right-wing fantasy? I didn't realize that 95% of Americans
don't pay taxes.

--
"j" ganz @@
www.sailnow.com




Capt. JG September 9th 08 09:10 PM

Obama's spending
 
"Dave" wrote in message
...
On Tue, 9 Sep 2008 09:29:36 -0700, "Capt. JG"
said:

Umm.... another right-wing fantasy? I didn't realize that 95% of Americans
don't pay taxes.


Approximately 40% pay no individual income taxes at all. The top 10% in
income pay about 70% of all individual income taxes collected. The top 5%
in
income pay about 60%.


And, these numbers are from where?

Of course one thing we learned with the prescription drug plan is that if
intend to do handouts you have to throw some money in the direction of the
folks who pay 30% of the taxes in order to get it passed. So O's plan is
to
take a bunch of money from the folks who pay the 60%, throw some money at
the folks who pay 30%, and the rest at the folks who pay 0, and to call
all
the money that's thrown "tax cuts."


This makes no sense. What are you trying to tell us? Here are the facts:

http://www.suntimes.com/news/politic...-tax30.article
http://www.suntimes.com/news/politic...xplans.article

--
"j" ganz @@
www.sailnow.com




Capt. JG September 9th 08 11:09 PM

Obama's spending
 
"Dave" wrote in message
...
On Tue, 9 Sep 2008 13:10:10 -0700, "Capt. JG"
said:

This makes no sense. What are you trying to tell us? Here are the facts:


Look at your own source, Jon. Notice how the propaganda piece you cite
doesn't tell what those supposed "tax cuts" for the bottom 40% consist of?
See that 20% number for people making less than $19,000? See that 20%
number
for people making between $19,000 and $38,000? Those are virtually
universally gonna be people who pay no income tax. How do you cut the
taxes
of people who don't pay tax? You hand them money and call it a "refundable
tax credit." Handing out money to people who pay no income tax isn't a
tax
cut. It's welfare.

Now you undoubtedly believe it's a good idea to make welfare payments to
those folks, and no doubt many would agree. But let's not try to pull the
wool over people's eyes by calling the payments tax cuts.

BTW, McCain got himself in a difficult position to make this point,
because
his own tax program also calls for "refundable tax credits"--i.e. welfare
payments. But on a smaller scale.



Still waiting for your answer......

--
"j" ganz @@
www.sailnow.com





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