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.cb new_rayz said:
No one (here I don’t think) is blaming bush totally for the economy. But he is partially responsible. We are still in a WAR, which last I checked wasn’t helping our economy at all. And that debt thing you talk about Nickname, we have never been this much in economic debt ever.
$1,000,000,000,000.00
That number up there? That is a trillion dollars, down the tube. So bush isn’t to blame for the DOW going all wacko, but he spent the last 8 years blowing money in Iraq.
Might want to hold off on that. According to the CBO, Obama’s “new, new dead” will push us into largest deficits in the history of this country. Percentage wise, it will be worse than WW1, WW2, “Bush’s Wars”, and everything in between.
Last year the deficit was around $450 Billion but when you tack on $350 Billion of democrat congress bailouts and Obama’s extra $700+ Billion “new, new deal”, THAT is what creates the $1.1 Trillion deficit. Not anything Bush did.
Another thing that really *edited*es me off is the “tax cuts of the rich” spew. It’s surprising how many people are blind to this. Let me break it down for you, the top 1% of income earners (~$300,000+) pay ~35% of the taxes. The top 5% of income earners pay ~55% of taxes, the top 25% pay ~85% of the taxes, and the top 50% pay ~97% of the taxes. The top 1% pay over 10 times the amount that the bottom 50% pay. What Obama intends to do is pay poor people to stay poor by giving people that don’t pay taxes a larger tax refund. At least Bush’s tax cuts actually helped.
Something I’d like to know is what happens in 2 years when Bush’s tax cuts expire? A good chunk of the middle class has become dependent on the lower taxes and Obama has already said he has no intention of renewing them. This whole “taxcut for the working middle class” may completely come out in the wash by the time Obama leaves office. Then again, the media will quietly ignore the whole thing.
On a seperate note it’s also worth noting that the minority party in the House can no longer make ANY changes to a bill, nor can they request a vote on changes. Allowing the minority party to have a say in legislation was started when Republicans took the House in the 90s and was pushed through by the Republican majority leader to “make things fair”. Wonder what happens when Republicans get the House back? Will Democrats cry foul over the rule they created?
And yes, lockem, I am a conservative. I believe in small government and low taxes. I think people who work hard in life and get rich shouldn’t be punished for it by having their money taken away and given to those who didn’t work as hard. I don’t believe people should depend on the government, rather it is the government who should depend on the people. If you didn’t save any money or invest in your retirement, you don’t deserve to retire or get free handouts for being a wasteful spender, ignorant, or lazy. With a few rare exceptions, every single person who’s poor fits into one or more those.
Feel free to argue about it and I’ll explain how any poor person can get into college for free, simply because they’re poor. The middle and upper class are the only people who pay full tuition. Of course, to get into college you have to have good grades which is where most people have a problem, because it’s easier to blame the poor school systems than it is to walk or ride a bus to a library or tutoring center.
To GameOver: According to our new president, paying TAXES is our patriotic duty. And don’t even get started with CEO salary comparisons, most congressmen make more than doctors. Since congressmen sit in an office all day long or ride around on private jets, why aren’t you *edited*ed at them?
Facism: “A system of government marked by centralization of authority under a dictator, stringent socioeconomic controls, suppression of the opposition through terror and censorship, and typically a policy of belligerent nationalism and racism.”
–Centralization of authority under a dictator: government control of markets, banks, and industry through bailout the program
–stringent socioeconomic controls: Helping the poor and minorities by “redistributing wealth” from the rich
–suppression of the opposition through terror and censorship: Obama is the only candidate to date to kick reporters from newspapers that didn’t support him off his plane, independent studies found that Obama’s press coverage was much more positive than McCain’s and that McCain had nearly 60% negative stories and 15% positive ones while Obama was balanced at ~30% positive/negative/neutral
–policy of belligerent nationalism and racism: Obama played the race card before anyone came close to bringing up his race as a negative
Now the real question is whether or not Obama will pick communism or facism as there are fairly strong signs of both in how he plans to run things while in office.
Relist the questions as I don’t feel like looking for them but will be happy to answer.