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Obama To Raise Taxes On The Rich

July 29, 2010 by  

Obama To Raise Taxes On The RichPlagued with a ballooning deficit and national debt, the Obama administration is planning to let the Bush tax cuts for the wealthiest Americans expire next year, the Treasury Secretary has said.

Appearing on weekend TV programs, Timothy Geithner announced that those who make more than $250,000—which amounts to between 2 percent and 3 percent of the United States population—will see their taxes go up when the current breaks expire in 2011.

“We think that’s the responsible thing to do because we need to make sure we can show the world” that America is “willing as a country to start to make some progress bringing down our long-term deficits,” the secretary told This Week on ABC.

Geithner also signalled that the administration would like to see last year’s tax breaks for those making less than $250,000 continue. Meanwhile, opponents of greater taxation of the highest-earning Americans—such as former House Speaker Newt Gingrich—said it may push the economy back into recession. According to the government’s own predictions, the unemployment rate will likely stay above 9 percent until next year.

In this context, some commentators have warned about possible consequences for the Democrats this November, since President Obama’s popularity has already suffered as an increasing number of Americans have given him poor marks for his handling of the economy.ADNFCR-1961-ID-19907983-ADNFCR

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  • http://?? Joe H.

    Nobama reminds me of Wilma And Betty on the flintstones except not only does he say “CHARGE IT!!!” He also says “TAX THEM!!!” China loves him!!! Should tell you something!!!

  • s c

    An accurate way to define insanity is the consistent pursuit of a goal via wrong decisions at the wrong time for the wrong reasons. That, in a nutshell defines progressivism and the current prez.
    According to progressive theory, if we could tax ‘the rich’ enough and do it often enough, life would be beautiful, and all our problems would end.
    Give it a try, retards. But, this time, start with Soros, Gates and Buffet. After them, line up all your filthy rich chums and stick it to ‘em (don’t forget Oprah or Gore).
    When they stop telling you to piss off and tax someone else, maybe you’ll start to get the idea. Taxing the rich may feel good at the moment, but what it really amounts to is a form of mental self-abuse. Mental self-abuse is what progressives are all about. You know it. I know. Now, try and get a progressive to admit it.

    • SmokyBonz

      And,whats in your wallet?

    • pappy

      Just letting the foolish Bush tax cuts expire
      now we need to recind the Raygun tax cuts
      and stop welfare for the rich and corporations

      • Papadale

        Get a grip!

      • Jeep

        You must be talking about the billions your boy gave to goldman, et al.

      • http://naver samurai

        I don’t know what you’ve been smoking, but it is time to STOP! If the first round of Bush’s tax cuts expire, then everyone’s taxes would increase by 5-10%. Do you want more money out of your check and in the government’s pocket, hmmm…..?

    • eddie47d

      Your always the putz SC Are you Ann Coulter on steroids? Progressives like Gore,Gates,Oprah ect.are willing to pay more and understand the situation. Taxes are a major burden for the middle class why don’t you give a rats behind about them. Instead of fawning all over incompetent corporate CEO’s.

      • d74eidde

        Really, can you possibly expound at length with detail about the good points of the Bush Tax Cuts expiring, especially during this extroardinarily tough economic decline the American people are suffering with? I’d enjoy hearing your answer and would prefer it not be a retort of any kid.

        • Viktor Leben

          If you want to pay extra taxes, why aren’t you making a contribution to lowering the national debt ?

          Sure ! Gore, Gates ,Soros and the rest of the super rich progressives could just voluntarily pay a extra every April….. We don’t need to let those tax breaks expire so they can pay more, they can pay more now !

          But why am I being FORCED to do the same thing ? Just because some super rich progressives are “jumping off the bridge” why do I have to ?

        • mule

          97% of the people are suffering , 3% are doing fine regardless of what’s going on.Who do you think received the BAILOUT MONEY that the last adminstration handed out before they left office. And no ones asking for an explination as to how that money was spent. Wonder what Jefferson Davis told those poor southern son that convinced them to lay down their lives to protect slavery and a way of life that wasn’t theirs. As they were a little more than slaves themselves.Some of that top 3% sent their slaves along with the good old boys to fight their share of the war. WAKE UP PEOPLE BP peed on lately.

  • Anthony

    s.c. – you may have the right attitude and in most cases you and I are on the same page. This time, however, your focus is missing a few cogs in the machine.

    Fact #1: Much like IRAN / like it or not / the USA now has a very public puppet voice for the people who have controlled our currency for the last 100 years. They no longer see the need to hide and use a thousand deceptions to further this agenda.

    In my lifetime, we had LBJ during the 60′s; Jimmy Carter imitating Woodrow Wilson with Volker being the active (unelected) President while Jimmy hung out with his Billy-beer brother. Those four years were very cruel on many levels – it did what it was designed to do…. destroyed many traditions of several generations. It left people asking questions and getting no answers, floudering in the pond. Then, we seemed to get something back with Reagan, only he not only had an assassination attempt made on him – harken back to the Sixties once again – he found himself surrounded by operatives no matter which room he might walk into. Then, there was Prescott Bush’s son, George Herbert Walker, a very insane and decidedly mean human being with false ideas of how life should be lived on our small planet. His New World Order speech Just not many in the public sector. Why? Because they had no real clue of the events scripted around them and there was no WWW to go to in those days.

    Then, Phase 2 began with Bill Clinton, the new patsy JFK (only this time they KNEW they had a putz with not one shred of courage, period. He had avoided every option of serving in the military – unlike Kennedy and PT109. They may have had to wait for another 30 years, but it was worth it. Without Bill Clinton, GHWB’s speech about a New World Order (smelling all the time like the rebirth of Hitler) would have died a quiet-ignorant death. Clinton signs NAFTA and GATT (despite dire warnings from foreigh politicians….) and we then begin to see JOBS move to Juarez, Mexico … jobs that were just fine, right here in America … the Greed Factor initiated during Reagan with the bean-counters had shifted into 2nd gear.

    Move to GWB and the fact that there had been no real conflict of any intensity since Vietnam. If anyone still finds it too incerdible to fathom that Bankers make the most PROFIT only when we’re at WAR.. Well, they can stay living in their Parent’s basement forever – the world would be better off with them not being involved in any fashion. George Jr. did exactly as he was ordered to do. Not having the anile malice of his Father, he too became the perfect neitzschie-indoctrinated patsy from the “other” Political Party.

    Up until then, it had always been the Left who did the financial damage to the Country, keeping people dependent on the Nanny State — GWB stuck us in yet another very unnecessary WAR Don’t believe me? Check the debt ceiling during 2000-2008. EVERYTHING this Country becomes is based mostly on how much debt we are incurring. We live in a Money Paradigm. We do not live in an Engineering, nor an Agrerian Society … The latter being a “not-yet” situation.

    Oh, this is a lot of information – but sidebar next to this discussion what was happening to the Money along the way. Reaganomics proved once and for all, that lowering taxes causes people to spend money (and pay the taxes on goods and services “willingly”). The US Treasury coffers ballooned like nobody’s business. Not since JFK had we seen such a public flow of money trickling down to the most basic of grassroots citizens. Even those barely above poverty suddenly had 3 color tv’s and two cars. It looked like families could finally go back to a one-paycheck arrangement and not only make ends meet, but enjoy life a llittle, as well. At least, in the Eighties, it seemed like that was how things were going. In the Nineties, Gingrich shammed us a little further in that direction, despite Clinton’s retro-active/back-dated 1993 tax hike (a very unnecessary move, btw, Reagan proved that hands down).

    During the 80′s and 90′s, the Banks were NOT making any real profits. Nothing like what they had accomplished during WWII, Korea or ‘Nam. Folks, I’m talking HUGE/IMMENSE profits. The count of zeros in the total sum is always the game with those who control the currency. They are never worried about being affected by the events they script – they are always exempt. YOU, however, are not. It’s the HAVEs and the HAVE-NOTs. Not Liberal, nor Conservative.

    A long long time ago, a General in the US Army (circa 1800′s) had written up a plan, a 200 year plan, for consolidation of the world’s resources and wealth, all in one bucket – totally controlled by a very small group. His name was Albert Pike. At this point in my lifetime, 2/3′s of his Pike’s Plan has seen fruition. Both WWI and WWII are considered by the Moneyed Elite to be total successes. The surprises? The advance of technology, especiallly the Wild Web. The last being something that has gotten just a tad bit out of hand from their perspective. I ask you – do you ever hear of a Rockefeller being worried about having to serve in the US Military? Ever?

    All of these items I have mentions are directly interacted with the flow of REAL money (vasts sums of FIAT dollars). We’re not talking about you buying a half-million dollar house. We’re not even talking about the Kennedy Estate (whatever that’s worth) or the Onassis Fortune. We are discussing half the world’s wealth – which happens to be in THIS Country. Go to Youtube as I constantly advise, make sure you have RealplayerSP installed first, abd search for THE MONEY MASTERS. With the realplayer software, you will find you can download the whole thing for free. Go after all of the recommended similar videos YouTube might list — then make it your weekend romp to disprove what the documentary claims. If you can. The Lefties will write it off … just see if you can disprove it all.

    Timothy Geithner is a Former Head of the Central Bank Cartel in this Country – THE FEDERAL RESERVE (an entity that has never paid any type of tax in any fashion during its entire existence – what about that, Eddie or Denniso) THE FED “loans us our own money” …at interest. It’s the best ponzi scheme ever devised. It was brought upon us by Progressives. AKA: Communists.

    NOTE: Communism will never work if the People-in-Charge never have to suffer its affects, like the rest of any Country might have to. It’s just another form of criminality… nothing else.

    WEALTH IS NEVER DESTROYED … MERELY TRANSFERRED / Never forget that.
    The Money Worth Factor? Depends on how often you print dollars out of thin air.

    During Reaganomics, the people on the street learned that being able to have something in life, could actually be possible. After Reagan, all of that was purposely perverted by those in charge of our Currency – I cite Clinton’s re-writing of the Fannie Mae and Freddie Mac Mission Statements and his Adminsitrations workings to claim real ownership / using Nationalism / of AIG. For the Money Masters, a very very necessary gambit, which has paid huge sums to the coffers of THE FED and no one else.

    So – what’s left of the American Dream? Practically nothing. Other than the Banking Cartel seeing there is still several trillion in the public’s hands, which (as far as they are concerned) is still theirs / was always their all along – they were merely loaning it to “us” and let’s see you tell them otherwise. After all, THEY are in charge of OUR money…right?

    I will harp about this until I’m dead. If we do not DEFUND THE FED, then actions as what is discussed in this Article will never stop occurring. Ever. Such events have been occurring on different levels since the 1st Bank of the United States was created. And, as Jefferson said, it is a bad thing to have someone aside from those we elect, to be in charge of our wealth. This is the case in every Country on this Planet, except IRAN, LIBYA, SUDAN and maybe one or two more Countries. EVERYONE ELSE dances, money-wise, to the marching orders of the MONEY MASTERS. Like it or not, this is…the real deal. Claim they are charitable, philanthropic… whatever…it’s complete BS. People who control money don’t even bother with knowing if you exist. Make that a note pasted on your bathroom mirror and KEEP IT THERE.

    When taxes rise, the weeks prior to its becoming the law of the land, ALL persons with any kind of wealth at all, will move their money into other cofferes where it will not be affected, hardly at all. Try reading up on the history of wealth in this Country over the last 40 years and see where the upper crust keeps re-positioning their dollars during such times. Rally…. go look it up. Don’t wait for someone else to hold your hand… go look it up. It’s fairly easy to learn about, actually. Heck, if I can do it… then, it should be a snap for the Lefties..yes?

    The Wealthier of American citizens will be hardly affected by this TAX HIKE, period.
    The LARGEST GRUOP of taxpayers, however, will be stomped on like never before.
    THAT GROUP BEING – THE MIDDLE CLASS. WE are the largest resource of taxable goods.

    If you have 1/10th of an ounce of gray matter whatsoever – embed this fact into your skulls… the middle class has always been the real source of wealth to the Government any day of the week. Because we are the largest group in this Country. It’s just the facts, ma’am.

    Those who have always bought Government Bonds, and such? These are the people who always get advance notice of such tax hikes and their money is already positioned away from any affect it might cause. There may be a few who are grasping at more profits today, but tomorrow, it will be hidden away with all the tactics made available only to the Landed and the Wealthy in this Country. THE FED knows where it needs support to stay afloat .. and it’s the blueblood newenglander types who have always pushed for their profit margin at the expense of our Country’s freedoms. Read Hamilton’s Curse and find out just how smart you’re not.

    This tax is definitively meant for THE MIDDLE CLASS – to destroy it.
    The Rich getting taxed? You actually believe that nonsense? SeriouslY?
    Folks, such a thing has never happened. If a Wealthy person was ever stuck paying huge sums in taxes… it’s because they were TOO STOOPID and deserved to lose their money in the first place. Period.

    THE RICH WILL NOT PAY THIS NEW TAX – The Government has made too many loopholes to aid them in the avoidance of such events. Heck, look at John Kerry trying to anchor his Yacht in Rhode Island, so he won’t have to pay the $500,000 tax due on it if he keeps it in his Home State. These loopholes were made specifically for the wealthy – whithout them, the Oligarch-style Federalists in charge of our Hamiltonian Government would fall out of power almost overnite.

    As for Gore, Oprah, or whomever? They don’t even keep their money in this Country to begin with. Such wealth is hidden in Switzerland, and other places where were left with options (527′s ?) with which to hide it all, so they can maintain their power over us, the not-so-smart, as we always fall for the BoobTube being allowed to control what we knw and when we should act upon the pittance of knowledge they decide to share with us.

    When it’s all over… the very people who have illegally gotten rich over the last decade or two, will still be there in the Bohemian Grove, laughing at the rest of us… who were all waiting for someone else to do something…..whatever that was supposed to be.

    We are going to war, folks – it’s the only type of real profit the Central Bank prefers. Why? Because the loans they give to Government s to fight in these War(s), is repaid by the sweat on our backs. The loans are guaranteed by the taxes we pay – if not for the 16th amendment, THE FED would have been bankrupt a long long time ago. And, the 16th Amendment was never legally ratifited. Go look that up, too, while your comprehension of my discertation gives you headaches.

    s.c. – I count you as a friend. I hope you don’t take my comments as an insult to your posting. It was not meant in that light. Still, the above is very necessary information. One must know thy enemy before one can properly defend itself. Let alone, win the battle.

    QUOTE -

    “Let me issue and control a nation’s money and I care not who writes the laws.”
    - Mayer Amschel Rothschild / circa 1790.

    SO, FOLKS – what side of the fence do you stand?

    • Bruce

      Anthony, Great post and very down to the point.

    • s c

      Not a problem, Anthony. So have you investigated THE religious conspiracy that underpins the entire effin’ situation? Without that, the rest won’t make sense, regardless of how much research is involved.
      Please remember that many folks out there on the internet aren’t yet ready for who and what controls the Fed, let alone are they ready for who does what and how they do it. No Hollywood script writer could ever come close to revealing the layers of infamy that have been foisted on America and the rest of the world.
      It’s still unfolding, and the end of the plot(s) will do a lot more than make the hair on the back of every neck stand up and twitch. People who are reluctant to talk or think about conspiracies live in a special world of stupidity and denial that will eventually explode in their self-deceived faces.
      No mortal can stop it.

    • sheilah

      I hope that many people that do not understand what is going on in our country will read and comprehend exactly what is going on. America has been asleep for a long time while the progressives have been very active in what is happening now. They work in the dark of the night while we sleep. Middle class is like being the middle child, you are left behind. God bless us all.

      • http://LibertyDigest Michael G.

        I agree. I’m afraid all Obama has done is awaken a sleeping giant, and is beginning to fill him with terrible resolve. (Original quote was from Yammomoto (sp)right after the bombing of Pearl Harbor. When it comes to money, I don’t have any. What little I have isn’t mine. I’m just the steward of something that belongs to someone else.

      • Mike

        I’m an independent and here’s what I see. For 50 years the wages for the middle class have changed by 0% while CEO pay has gone up more than 400%. The GOP talks about staying competitive to wages and profits in counties that have drastically lower standards of living, extreme separations in income levels, and almost no middle class. I feel like I’m hearing a narrative from the Republicans that says that they WANT that- that there is no limit to how much the general population should sacrifice so that the top can profit big or else we won’t progress. What kind of progress is that? I believe in fiscal conservatism (kill the debt, lower corporate taxes, and eliminate exemptions), but this is not the direction I want the country headed in and that seems to be the trend being pushed b the GOP now.

    • Al Sieber

      Good post Anthony, thats how I always figured it was, but try telling someone else or getting them to listen. I just about gave up talking to people about who’s in control.

    • http://Google ProudChicagoan

      When the Senators and Representatives are taxed, then maybe I will believe this presidency. I do not see anybody in government (or their buddies) getting this tax. All I see happening with letting the tax cuts die for people making over $250,000.00/year is that it will hurt small business. You think we have a recession now, just wait. If small businesses are suffering and have to close, we will have a depression. I work for a small business, and we cannot handle too many tax hikes. In case you have not heard, everybody is going to be effected by obamacare. Any money your employer pays for individual insurance will be on the employee’s W-2 as income starting with 2011 income tax. So. obama is not just getting the wealthy with this tax hike (which I think is wrong), he will be getting everyone who works and has insurance through their company. I am sure there are other ways obama and his cronies are going to nail anyone who works so he can support welfare and food stamps and illegal immigrants. We are just not hearing about it.

    • Angel

      Wow, it is really nice to know that other people “get it”. Can you say Illuminati?

      sc…what about a religious conspiracy? I happen to be a Christian and I see it. But the thing is…it IS all in the Bible. The Bible speaks of a one world government. The Bible speaks of all this control and the taking of our rights. There are many Christians like me who know the truth. Many know that they are trying to take our God given rights from us. What God gives, no man can take away. Life, came fro, God…liberty (freedom of choice) came for God and we all are allowed to pursue our happiness, but the decisions we make, if they are bad decisions will affect us.

      • s c

        Angel, dig deeper than the Illuminati. America’s ‘mainstream’ churches are apostate. Think of ‘mainstream’ religion the same way you would so-called liberals or so-called republicans. Know any reputable liberals? Know any reputable republicans?
        ‘Mainstream’ religion and the vermin who run Washington all work for the same “boss.” Dig deep. ‘Trust’ a religious leader the same way you would a politician. Religion and politics are teammates, and the fascism that’s at our front will be finalized and honed by “religion.”

        • http://?? Joe H.

          SC,
          does that mean Ron Paul is not honorable. He DID run as a republican, remember?

    • pappy

      Well said
      This is a class war

    • Chris

      Anthony, I have been told I was a conspiracy theory nut for the last 20 years!! Boy did you hit the nail on the head!! I have been reading & studing the same info for the last 20 years. Note the last couple of years not so many people think I am ” Out There ” people are waking up!!! I have leased part of my office to a CPA that does my taxes, he said the same thing this last winter, that Obamma does not have to do a dam thing to raise taxes, just sit back & let all these existing tax exemptions that expire at the end of the year go into effect, That the middle class will see there tax liabilty doulble, including mine!

      • http://?? Joe H.

        Chris,
        now how could that be?? All the libbies have been screaming that these tax breaks are for just the mega rich, and we all know they are never wrong!!! I’m gonna laugh like he!! when they get the increase in their taxes as well!!! Everybody has been trying to tell them without success but they will find out next year!!

    • Winnie

      Anthony, you have hit the nail on the head with your post. I thank you for all information you have provided.

  • Doc Sarvis

    We have been fighting two wars, both for longer than any other war our nation has been in. Pile on that a huge financial crisis and it should be obvious that our country’s budget is in need of some enrichment. Many people are still out of work (though that is coming back – too slowly for anyone’s taste). The rich have had this tax break for a decade or almost that long. It is time those with more money than they know what to do with contribute a fair share to their country.

    • TIME

      Doc,

      I beg to differ with you on one point, there is nothing coming back in so far as jobs, nor spending. Thats just total media spin thats full of warm brown materials.

      The facts are that in 2010 over 10 million more people will loose their homes why, they have lost their jobs or have been cut back to the point that they are falling behind daily.

      As well the youth thats anyone under the age of 30 the jobless numbers are 42%. That means that as these kids leave school be that high school or higher education there will be no jobs for them.

      Why?

      Due to the totaly insanie politic’s of Barry Soetoro’s gang of progressive neo marxist.

      This leads to unrest within the ranks of the youth who live in MOMMIES basement.

      And the real Unemployed numbers can’t be covered up for much longer as the numbers grow daily we have a showing of 9.79%, BUT that fails to show those that just gave up after 20 plus months of looking for work, of what is now well in excess of 27%.
      Add the numbers up and what do you get? I figure on the low side thats an easy 36% of the working population has no job!

      Barry Soetoro and the media can’t keep telling lies to cover these facts up for much longer as the numbers are growing so fast at this point it will be obvious to even the blind very soon.

      Again as the months click by the back end numbers are growing, so even if they hold the showing card at 9.75% – the back end numbers will be gaining from the 27%, and will soon as in by December 2010 be in the 31% plus range. that would make the TRUE number of non employed workers well over 40%.

      In plian words there are “NO JOBS,” and nothing new is coming around any time soon.

      I have to ask any of you this question, whould you invest in something you saw falling apart? I mean would you put your lifes savings into something that you knew was going down fast?

      If you answer yes, I know you have no clue on investing.

    • Brad

      Doc Sarvis,

      You claim that fighting two wars for 7 years has cost the American tax payer billions, okay I agree, so why aren’t you up in arms over the 420 billion spent annually on illegal immigrants? That’s 4.2 trillion in ten years where is your outrage on that kind of spending. The middle class in this country have been taking it in the shorts for decades and you call for the rich to pay more, they hide more than they pay in taxes. Look at Sen. John Kerry, he got caught, he’ll pay but what about the others.

      Anthony was right, the rich just richer, the middle class pays the vast majority of taxes from goods and services and federal taxes and the poor, well they remain in the poor house with no means of escape. You are of the mind set to tax the rich more and more, well they also work for their money. The rich hire people to work for them, so when was the last time a poor man offered a job?

      If the Bush tax cuts are allowed to expire on Dec 31, it will affect all of us, you included, all taxable brackets will rise to their pre-2001 levels, capital gains will increase, the marriage penalty returns, child tax credit rolls back to 500 bucks per child. The death tax will be renewed; AMT will hit 2.4 million more tax payers next year. It’s estimated that 115 billion will be returned to the fed gov next year, so why congress can’t cut the federal budget by 115 billion and allow the Bush tax cuts to remain?

      Doc what’s your plan, oh that’s right tax the rich, what happens when you run out of other people’s money, where are you going to get it from next. Next time you post something to this site, instead bringing hate bring constructive ideas we all can debate, your kind are destroying my country that I served honorably for so many years. Yes I’m a proud American and retired service member, but right now the American people need jobs, the government needs to balance the budget and cut spending. The day is coming, it may be today, but in twenty or more years this country will be sunk. You and I will still be paying for it as will your children and mine to include our grandchildren we don’t have right now.

      I call it as I see it, this congress and president are spending money we don’t have and when the cheque comes due we won’t have the cash on hand to pay, you can bank on that.

      • Brad

        it may not be today

      • Doc Sarvis

        If this country really wants to stop the majority of illegal immigration than it will stop employing illegal immigrants.

        • Brad

          This country needs to deport the illegal immigrants and fine the company’s that hire them, that’s what the federal government should be doing and isn’t. That’s a Fact. A good friend of mine detailed a plan that would build a 1600 mile double walled fence. The first fence on the border then a 50 foot no mans land then a second fence 20 feet tall made from smooth concrete. What’s your plan Doc Sarvis?

          • Doc Sarvis

            I just told you; “IF this country really wants to stop the majority of illegal immigration than it will stop employing illegal immigrants”.

          • http://?? Joe H.

            Doc,
            That isn’t half a plan! That will stop new ones from comming but it won’t make all the ones here already leave. We need to make E-verify permanent and manditory for employers, schools, colleges, hospitals and anything else that the American taxpayer has to foot the bill for!
            We also have to show a massive show of support for the Arizona law!! Make the politicians see that it is what we want to see in every state. there has been an exodus of illegals out of Arizona over the last week and the states that haven’t shown that they are ready to pass a similar law, have been the recipients of all those that leave!!

        • independant thinker

          Or the feds will actualy enforce the current laws against illegal immigration including laws against hiring illegals.

        • missy

          What you say is true but the immigrant’s work for less[why remains to be seen]& taxes are a necessary evil in a free country,we need the government elected by the people,to be for the people in this country. Granted there are bad things that happen in this world always has always will,many of these have very poor people,the UNITED STATES OF AMERICA has been helping them for years there ARE still poor people in these country’s, the only difference is we now are becoming just like them,if you have ever talked to someone on a friendly bases you would know socialism does work,but there’s no free enterprise,or free will,& that is the main reason these people came to United States,so they could have something for themselves,we live in the greatest country in the would & SHE is in danger we all are,I guess I to am like so many others on this site I have no clue as to WHAT to do so I sit on my computer & vent.Maybe answer is WAKE -UP =don’t blame Obama or the government take responsibility for your own self if you have a problem
          fix it yourself or hire an AMERICAN to do it.buy goods made in U.S.A.
          remember any wound heals from the inside.

          • Jeep

            Would you site an instance anywhere that “Socialism” has been successful? I’ll not hold my breath.

          • Doc Sarvis

            Jeep,
            I’ll ask how you define success.

          • Jeep

            Doc, you and I will never agree. Go collect your paycheck from the DNC and call it a day.

        • Jimmy G

          We will not stop hiring illegals because we love our money and don’t want to pay Americans more to do the same work. Start by cutting your own grass. Just like in the 80′s when all the workers from the North lost their jobs in Texas, they went home.

          • http://?? Joe H.

            Jimmy G.,
            Don’t tell me, let me guess. You are another one that believes that the illegals are only doing jobs that Americans won’t do? I have never hired a landscaper to mow my lawn. I did hire one to pull and get rid of some poison ivy and I knew him well as a neighbor and I can guarantee you he isn’t illegal. Is roofing a job Americans won’t do? Is welding a job Americans won’t do? How about drywall, construction, carpentry, painting, or installing fencing??? I have done all of these and I have a lot of friends that have done them as well. these are jobs proven to be done by illegals as well!

          • Jimmy G

            Joe H,
            No, Americans wont do these jobs at the prices paid, at least not in TX. 8 cents a ft to hang drywall, the same to tape and float, $1.50 a ft to pour concrete. But any illegal who has been in America a while gets top dollar. The big tract home and commercial builders get the true wets, not the small guys like me.

            If anyone is in this country illegally, they should be sent home along with their wife and kids. We can’t afford to keep them.

            If need be, I’ll do their job, hard work is not beneath.

    • http://?? Joe H.

      Doc,
      I think you forgot one war. VietNam was a lot longer than seven years!!!

  • Richard Quiggle

    The rich have had their free ride long enough! It’s back to paying taxes and taking care of the under privileged. Will the gilded age of Reaganism and Bushism be over? Probably not. The rich own the media and the representatives in our government. They use the pro life and gun lobbies to keep their free ride going. How dumb can the gun and prolifers be?….pretty dumb it appears!…time after time after time they fall for the same phony tricks….democrats are baby killers and they’re taking our guns away…come on grow up before you lose everything that you worked for supporting chicken hawks like Bush and Cheney!

    • http://dottya1@embarqmail.com dotty

      Wake up and smell the roses!!!! Who do you think is paying for the underprivledged or may I say the LAZY BUMS in this country?????? Those who have to pay their fair share of taxes. Cut out the fraud in Welfare and we could run the country with probably NO TAXES on anyone!!!! Americans get off your Butts and work to keep the country a Great One with the opportunity for each and every one to get ahead. Wake up before it is TOO LATE!

      • eddie47d

        Dotty, Are you including all the corporate thieves in your welfare fraud analogy?How about the bankers-allot of thorns on their bushes too!

    • CLARENCE SWINNEY

      Richard Quiggle says plenty Anthony litany was great. He blamed everybody
      I will present numbers YOU DECIDE

      1945-1980
      Each percentile increased in wealth-income almost evenly on percentage basis.

      In 1980– 1% owned 20% of Total Financial Wealth
      In 1989 1% owned 36%
      An 80% Increase in 8 years.
      1% were given a 60% Tax Cut.Dow growth also.

      In 2008
      1% owned 43% of Total Financial Wealth
      10% owned 70#
      20% owned 93%
      80% owned 7% = 120,000,000 workers

      From 1979 to 2007
      1% had a 281% Increase in Income
      20% middle class had 25% Increse
      Bottom 20% had 16% increase.

      VALUE ADDED–JOBS —– VALUE ADDED-NEW BUSINESSES/INDUSTRIES
      Carter–218,000 per month–Reagan 175,000–Clinton 237,000–Bush 31,000

      From 2001-2007–Income Growth
      The top 1% got two thirds of Income Increase
      1,500,000 got 2/3
      153,000,000 got 1/3

      One can editorialize with hundreds of pages to (rationalize-justify-alibi- spin-excuse) these numbers

      One can place blame as they have been indoctrinated in politics over years of reading.

      I SAY ANALYZE THE NUMBERS AND YOU DECIDE— WHAT HAPPENED? HOW DID IT HAPPEN? WHO MADE IT HAPPEN?

      I welcome comments with facts-numbers

      CSWINNEY2@TRIAD.RR.CO
      olduglymeanhonest
      author-Lifeaholic-story of Workaholic Failure to Lifeaholic Success

      • TIME

        Clerence,

        According to your post and numbers within the context of your post in the year 2008 your numbers add up to 111% so let me ask you just where did you learn math & logic from dude?

        Oh and how is it that people like Eli Brode, Neil Bloom, Al Gore, John Kerry, John Edwards, Barry Soetoro, The Clintons amoung countless others who are all very well know Democtats as well progressives, have gained nearly 100% growth on their wealth, I don’t see any note of such within the confines of your post, why is that?

        • CLARENCE SWINNEY

          i did nute go to schll. I old ugly dumb mean

          i saw nuthing adds to 111.

          even so forgive me i is old ol diold donut see well

          if tha ti my only errartody is so hoppy is wil party party

        • CLARENCE SWINNEY

          TIME
          stop confusing an old man

          I said I present numbers you decide.
          I did not use names. why did you?
          1% is 1,500,000 names
          want them listed?

          stop confusing me. I have’nt finshed my coffse and dope not working yet.

          cswinney2@triad.rr.com
          olduglymeanhonest

          • TIME

            Clerence,

            I am not trying to confuse you, I am just asking how you got the numbers and from where.

            As to names well the facts are what they are, the most wealth in this country as of today is held by high ranking Democrats, and yes I know there are wealthy Rebublicans too. But really when one looks at the BIG picture the top % of all the wealth in the US today is held by Democrats of whom most are Progressives who also want total government control of everyones life.

          • http://?? Joe H.

            Clarence,
            How much of that DOW growth is from retirement funds for people like you, me, and other middle income people??

  • Joan

    Let the Bush Tax Breaks expire and that will raise taxes on the rich.
    Someone needs to take the Evelyn Wood course and read these bills. The taxes are not only on the rich. The Marriage Penalty will return and also the tax brackets go up for Everyone not only the rich. I have never seen a bigger bunch of idiots. None of them know what the heck they are doing. My thoughts are we need to get some people in the who know how to read. Guess they don’t teach that in Harvard.

    • Jeep

      Ahem…Joan, that would be “Haw-vyad”. Thank you very much!

    • missy

      I am one of the dumb ones but common sense tells me if you raise taxes on the rich are they just going to [sit down right a check & say thanks for the ride]I don’t think so they will raise price of their products,who buys their goods? You & I,so you can’t afford you go with out OR
      you buy some cheaper made product by another country,Right ,next comes [fair tax] only pay tax on what you receive.sounds good, right, what happens to Social Security when that comes in,what happens to money to fix roads in your state,the government does HELP all of us in one way or another without it= we are another poor country with a dictator,I do not know how many
      old people are in these other countries but my family immigrated here
      many many years ago #1 According to my great grandfather in the old country children took care of their elders I have no clue as to what happened if person had no children,there was no such thing as a nursing home.We are blessed here but we’ve become lazy,do we have the fortitude to do this.Or do we just kill our parents off?Sound cruel?

  • Barbara Humphrey

    Its about time!

  • http://dottya1@embarqmail.com dotty

    How Right you are but so many stupid Americans are not able to realize this.

  • http://www.charter.net James A Graham

    RICHMOND, Va. (AP) — Nearly 90 illegal immigrants who have committed crimes or ignored orders to leave the country were arrested in a two-part sweep in Virginia and the nation’s capitol, U.S. Immigration and Customs Enforcement officials said Wednesday.

    Eighty-seven criminal or fugitive illegal immigrants were arrested during a three-day sweep in June and a four-day operation that ended with four arrests Wednesday.

    Of those arrested, 75 had been convicted for a variety of crimes, including 28 who had committed Level 1 crimes that include murder, rape and kidnapping. At least one arrest involved a member of the notorious MS-13 gang. The other 12 had been ordered to leave the country but did not.

    “Those who come to our country illegally and commit crimes should be on notice,” said Henry Lucero, director for ICE’s Washington office of enforcement and removal operations. “We will root you out, you will be prosecuted for your crimes and we will ultimately send you home.”

    The U.S. Marshals Service assisted with the arrests, 57 of which were made in northern Virginia.

    At least six of those arrested will face further prosecution on federal charges. Those already ordered out of the country will be immediately deported, while the others will face removal proceedings.

    “Removing criminal aliens and preventing them from being released back into our community is one of our highest priorities,” Mr. Lucero said.

    Last year, ICE removed a record 380,000 illegal immigrants from the country, including 136,000 who had been convicted of crimes.

    • Jimmy G

      Mr Graham,
      I heard the illegals are here working the jobs Americans don’t want. Can we put some of these clowns working in the White House?

  • Norm

    The rich are getting richer and the poor are getting poorer at a staggering rate. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace.

    So why are we witnessing such fundamental changes? Well, the globalism and “free trade” that our politicians and business leaders insisted would be so good for us have had some rather nasty side effects. It turns out that they didn’t tell us that the “global economy” would mean that middle class American workers would eventually have to directly compete for jobs with people on the other side of the world where there is no minimum wage and very few regulations. The big global corporations have greatly benefited by exploiting third world labor pools over the last several decades, but middle class American workers have increasingly found things to be very tough.

    Here are the statistics to prove it:

    • 83 percent of all U.S. stocks are in the hands of 1 percent of the people.
    • 61 percent of Americans “always or usually” live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007.
    • 66 percent of the income growth between 2001 and 2007 went to the top 1% of all Americans.
    • 36 percent of Americans say that they don’t contribute anything to retirement savings.
    • A staggering 43 percent of Americans have less than $10,000 saved up for retirement.
    • 24 percent of American workers say that they have postponed their planned retirement age in the past year.
    • Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a 32 percent increase over 2008.
    • Only the top 5 percent of U.S. households have earned enough additional income to match the rise in housing costs since 1975.
    • For the first time in U.S. history, banks own a greater share of residential housing net worth in the United States than all individual Americans put together.
    • In 1950, the ratio of the average executive’s paycheck to the average worker’s paycheck was about 30 to 1. Since the year 2000, that ratio has exploded to between 300 to 500 to one.
    • As of 2007, the bottom 80 percent of American households held about 7% of the liquid financial assets.
    • The bottom 50 percent of income earners in the United States now collectively own less than 1 percent of the nation’s wealth.
    • Average Wall Street bonuses for 2009 were up 17 percent when compared with 2008.
    • In the United States, the average federal worker now earns 60% MORE than the average worker in the private sector.
    • The top 1 percent of U.S. households own nearly twice as much of America’s corporate wealth as they did just 15 years ago.
    • In America today, the average time needed to find a job has risen to a record 35.2 weeks.
    • More than 40 percent of Americans who actually are employed are now working in service jobs, which are often very low paying.
    • or the first time in U.S. history, more than 40 million Americans are on food stamps, and the U.S. Department of Agriculture projects that number will go up to 43 million Americans in 2011.
    • This is what American workers now must compete against: in China a garment worker makes approximately 86 cents an hour and in Cambodia a garment worker makes approximately 22 cents an hour.
    • Approximately 21 percent of all children in the United States are living below the poverty line in 2010 – the highest rate in 20 years.
    • Despite the financial crisis, the number of millionaires in the United States rose a whopping 16 percent to 7.8 million in 2009.
    • The top 10 percent of Americans now earn around 50 percent of our national income.

    Giant Sucking Sound

    The reality is that no matter how smart, how strong, how educated or how hard working American workers are, they just cannot compete with people who are desperate to put in 10 to 12 hour days at less than a dollar an hour on the other side of the world. After all, what corporation in their right mind is going to pay an American worker 10 times more (plus benefits) to do the same job? The world is fundamentally changing. Wealth and power are rapidly becoming concentrated at the top and the big global corporations are making massive amounts of money. Meanwhile, the American middle class is being systematically wiped out of existence as U.S. workers are slowly being merged into the new “global” labor pool.

    What do most Americans have to offer in the marketplace other than their labor? Not much. The truth is that most Americans are absolutely dependent on someone else giving them a job. But today, U.S. workers are “less attractive” than ever. Compared to the rest of the world, American workers are extremely expensive, and the government keeps passing more rules and regulations seemingly on a monthly basis that makes it even more difficult to conduct business in the United States.

    So corporations are moving operations out of the U.S. at breathtaking speed. Since the U.S. government does not penalize them for doing so, there really is no incentive for them to stay.

    What has developed is a situation where the people at the top are doing quite well, while most Americans are finding it increasingly difficult to make it. There are now about six unemployed Americans for every new job opening in the United States, and the number of “chronically unemployed” is absolutely soaring. There simply are not nearly enough jobs for everyone.

    Many of those who are able to get jobs are finding that they are making less money than they used to. In fact, an increasingly large percentage of Americans are working at low wage retail and service jobs.

    But you can’t raise a family on what you make flipping burgers at McDonald’s or on what you bring in from greeting customers down at the local Wal-Mart.

    The truth is that the middle class in America is dying — and once it is gone it will be incredibly difficult to rebuild.

    • CLARENCE SWINNEY

      NORM NORM NORM
      Stop stealing my thunder.
      Your article is EXCELLENT
      I had not read it when I replied to another one.
      read my reply to Richard Quiggle
      I could have kept my old mouth shut
      You covered the waterfront

      You are GOOOOOD THANKS for FACTS nor blarney blabber

      cswinney2@triad.rr.com

      • Winnie

        Clarence, very good post and thanks for opening the eyes about the corporations not hiring americans because of the wages the Americans will not accept. Of course Americans can work the jobs, but the corporations only take the people who will not complain about the low pay. You and Doc need to keep the posts coming about the factsof our America on a daily basis.

      • Winnie

        Clarence, I meant to say that you and Norm and not you and Doc need to keep us informed about the reality of the USA.

    • D. K.

      That was a good article by Michael Snyder, the editor of theeconomiccollapseblog.com. He might like credit for his info.

      • Norm

        D. K
        I never claimed to have researched, written nor was I paid for the article. I obtained it from the web and don’t believed that it was signed.

        • TIME

          Norn

          So you freely admit to plagiarism. Wow ~ now theres something new.

          • Norm

            TIME
            For you truth is indeed a rare commodity.

          • TIME

            No Norm,

            Its really the complete opposite its for you that the truth is hard to grasp, let alone a grasp of “common sense” is something your incapable of.

            Thus the redundant hollow valueless rhetoric that you bombast us with daily, hell we can all watch MSNBC for the outright garbage you post, rather than read your rendition with its warped spin drive.

          • eddie47d

            Time out! Are you going to go after Dave H or Jeff H. for palagerism for all of their articles or are you going to keep playing the biased fool? Your attacks are foolish and petty!

          • JeffH

            fast eddie, I provide links and references, do you?…It’s something you couldn’t do because you never have any solid references except what you hear from MSNBC or the Daily Kos.

          • http://?? Joe H.

            Time,
            How was the vacation??? Hope you enjoyed your “away” time!!! Welcome back friend!!

          • TIME

            Joe,

            I think I need an other one now. I guess I should have become the president.. LOL……….:-)

  • http://personalLibertynews Jamie

    First of all Obama isn’t raising taxes. He cut my taxes this year and it was 3 times as much as i got from the Bush tax cuts. The only people who did good in the Bush years was the top 1%. They went from making 48.7% of every dollar made in the USA in 2000 to 60% of every dollar made in 2009. The RICH already get a 15% tax brake on Social Security. They pay nothing for every dollar over $106k. My wife and i together make roughly $80k and we have to pay social security on every penny of it. The RICH,BUSH and his cronies started 2 wars, gave unqualified people no money down mortages, let health care companies increase there rates 250% in 8 years and caused oil to go from $25 a barrel to $150 allowing Iran to become a nuclear country. The Republicans did nothing about illegal imigration after allowing 9/11 to happen in the first place and now blame Obama for eveery bad decision they made. Its really a shame that the American people, the TEA people, had nothing to say about the Republicans running up debt and making one bad decision after another. I thought the GOP was the party of responsibility…well take responsibility for all the problems you caused and stop voting for HATE.

    • http://Google ProudChicagoan

      Your wife and you make $80K a year? And your complaining? Seems to me someone is jealous of the wealthy and wants to see them punished. obama is not the answer. I make $33K a year and any thing added to my taxes are going to hurt. And he is chipping away at my money. His financial bill is going to get you, too. Free checking, debit card fees (every time you use it), company-paid insurance will be on YOUR W-2 as income – just to name a few. The problem is not the so-called wealthy (I personally think wealthy personified is Trump, Gates, Winfrey to name a few), the problem is the government. I have not heard obummer taking on welfare, food stamps, and all the free handouts like he is taking on the wealthy. Oh, wait, he wants a communist country where EVERYONE (except him and his constituents) are poor! Blame Bush, if you want, obama is just making things worse.

      • Jimmy G

        Appearing on weekend TV programs, Timothy Geithner announced that those who make more than $250,000—which amounts to between 2 percent and 3 percent of the United States population—will see their taxes go up when the current breaks expire in 2011.

        “We think that’s the responsible thing to do because we need to make sure we can show the world” that America is “willing as a country to start to make some progress bringing down our long-term deficits,” the secretary told This Week on ABC.

        Hey Geithner, do the responsible THING and stop spending money you don’t have, that would really show the world.

    • Brad

      Jamie,

      By the way Obama’s stimulus plan put approximately 65 bucks back into your posket book as did mine. So where did that money come from, the US tax payer. Wait and see what happens next year after the Bush tax cuts expire, your’s and my tax bill go’s way up. As for some of your other accusations do some research some of them are blatently wrong.

    • blamesomeoneelse

      If 1% of the population is getting all the money, own everything and get every break, what makes you think Obama can stop it? He is in the 1% group. We idelize sports players and their pay is always in the millions and they don’t work all the time they are off when their playing season is over. Movie stars also make millions per picture and continue to collect year after year. Every one in congress is a millionaire. When you are talking rich who are you talking about? Sports players will just demand more, Congress will justify that they shouldn’t have to pay and the other rich just move to another country. Problem solved! The rich will be anyone that earns a salary and you will be paying 90% of your income to fix all the give away programs of this administration. Don’t worry about more jobs being created as any business that can will move to a more friendy place and pay little or no taxes to that country. Don’t like your nose, cut it off!

    • TIME

      Jamie,

      Barry Soetoro has not given you nor anyone any tax cuts thus far. So whats your point again?

      I would take it you have a home, so again I don’t know of a single state in the 50 of them we do have not the 60 plus that Barry Soetoro thinks we have, where the “Property TAXS” have not gone up in 2009 let alone food tax’s, gas tax’s, wine tax’s, sale tax’s, taxs in general, and just wait until you file your 2010 tax’s if you have a HI plan you will be taxed on that benifit.

      Just a few points you may want to think about. Oh and when the tax cuts are dropped, YOU sure will be paying more in tax’s dude rather you know it yet or not.

      • missy

        I beg to differ with you. Last year ,my property taxes did go up also cost of my home owner insurance, what went down my property value.

        • TIME

          Missy,

          I can’t argue with your post at all, you made super points.
          Our HO Insurance went up by 30%, and our homes value dropped by 30% and we took a lot less than it was worth in 2008, But I digress.

          Greed is found under the Politicians who spend like drunken pigs.

          Just wait if they pass Cap & Trade, non of us will be able to own our homes anylonger! Now thats what I call just peachy.

          • Norm

            TIME
            Do you buy your HO insurance from the feds? Is it regulated?
            Oh it’s the private sector – shop for a better deal. Competition you know will solve your problems. Forget not that there is no honor among thieves, and damn little competition.

    • http://?? Joe H.

      Jamie,
      Yeah he gave you a cut. Of course he collected it back at the end of the year on your taxes!!! Remember that??? He sent you a check then collected it back when you filed your taxes!!!

  • WEM

    No matter how much you analyze the issues, which are mostly correct, the botton line is simply that, the Filosofy of “taxing the rich” never turns out to be that. What they are simply doing is taxing folks that may be fortunate to have a job that provides them with a better income, becasue of years of sacrifice. Simply, what is happening is that, they are taxing the working class to death. Thus they will be able to covert this once fair Country, where equality and Civil rights once were appreciated and respected, into nothing but a socialistic (or what ever name you want to give it) State. GOVERNMENT will be making the decsions for us on a daily basis. For example: Health Care reform (a joke…) was the continuum of already a long list of “reforms”. If you can not comprehend what I mean, then tell me: How can Both the House of Representatives and Congress exempt themselves from the garbage they showed down our throats and we are supposed to be thankfull for it? And yet it was accepted. Until when America? Give 10,000,000 Illegal Aliens RGHTS and Social Security and yet we are denying care to our reired Citizens because Social Security will be broke by 2025?
    Please, let’s regain what AMERICA once stood for. Just keep the National Anthem in mind…
    Ask yourselves one more question: Here we are going to a depression yet Billions of dollars are being spent in Countries to mantain peace and istill DEMOCRACY, when it does not even work here at Home. Furthermore those folks do not even want us there…
    Very sad…

  • http://MSN John AZ

    You are absolutely correct NORM! The middle class is on the decline and with no new manufacturing jobs in the USA, it will only get worse.

    We need a Real Energy Policy to reduce the need for foreign oil. Until will reduce our imports, we will only grow poorer as a Nation.

    If we do not start manufacturing again in the USA, we WILL destroy our middle class.
    john

    • CLARENCE SWINNEY

      OIL
      who supplies oil to USA?
      #1=Canana
      #2=Mexico
      #3-Venezuela
      #4=Saudi Arabia(recall the 19 on 9-11-01)

      Middle East Myth

      Big America Oil firms pump easy to get Oil in ME and sell it all over the world We provide protection for their fleets carrying oil which does nothing for USA. They pay no taxes on it.
      At one time 2/3 of Exxon Revenues from foreign oil not USA sales.

      Drive Criuse at 60 mph on interstates and cut out all ME OIl.

      • http://?? Joe H.

        clarence,
        yup, just like inflating your tires are the answer!!!

    • Jeep

      You are so right AZ. Let’s get some middle class guy to start a business that will employ lots of people. And, instead of tax breaks for small business, let’s make loans easier, that way we can control ‘em. And, I think that raising taxes on energy through cap and trade will quickly produce lots of new forms of cheap sustainable energy.

      Ooops…sorry…I took a quick trip to lib fantasy island. But, I’m back in the real world. Forget what I said earlier…

  • JIM

    I’m NOT RICH! I’m an EDUCATED, MIDDLE, CLASS, HARD WORKING, TAX PAYER!

    If I feed the “Poor, Hungry, Disenfranchised, Entitled Beings” it costs the U.S. Govt. approximately $0.35 because I get a TAX DEDUCTION on my itemized TAX RETURN.

    If the U.S. Govt. feeds the “Poor, Hungry, Disenfranchised, Entitled Beings” it COSTS THEM $1.00 (out of the TAXES COLLECTED).

    Which one IS MORE EFFICIENT? Which one COSTS THE FEDERAL MASTERMINDS LESS? Which one is more PERSONALLY GRATIFYING?

    Let ME KEEP MORE OF MY $M$O$N$E$Y$ before TAXES and I WILL DO A BETTER, MORE EFFICIENT JOB FOR HUMANITY!
    After 25 years of DOING IT, I KNOW IT WORKS, and I don’t worry if the GOVT.took 75% for themselves. By the way, have you ever known or seen a POOR PHILANTHROPIST?

    Tell the Masterminds in Washington to “PUT THE TAX INCREASE WHERE THE SUN DOESN’T SHINE”—-in the pockets of the TAX PAYERS whom are keeping this great country alive.

    WAKE UP AMERICA!

  • CLARENCE SWINNEY

    Philantrophy?

    400 Largest incomes gave how much to charity?

    Accountants said :”Here is what You Can Deduct from Taxes”.

    “Give with a Happy Heart” wonder who said it?

  • http://aol lyle

    I wonder is anyone remembers that Russia occupied Afghanistan for many years before the United States?
    After the Russians played the same game as we are now playing, they invested trillions of dollars, got no results and just left.
    The Afgans accepted the aide, split the proceeds up and started war for them selves again.
    Then decided to create the 9-11 attack to use and abuse our wealth,
    Hundreds of billions of our tax dollars dropped freely in the streets with no accountability. The money has been stolen by the container load “oh well thats good for Arab/American relations”.
    The banks take trillions, Give each other huge bonuses in “golden parachutes” or just plain thievery. When asked, the committee investigating found fraud, but won’t name the guilty citing “no names will be revieled, for their own safety”. But they were really bad.
    The party of “no” says
    1. “I’m sorry to BP”, It hurts us when their buttcheeks tighten, while we are in their back pockets.
    2. The unemployed need to sober up and go to work, we don’t have any money for them, 36 billion? we can’t afford it. NO extension. “Let’s hold them up for 2 months, “The banks will make millions more in late fees”.
    3. The 40 billion war extension, Hell Ya we have only spent 770 billion so far. “Freedom for the Afgan women are worth the Americans blood and wallet. We got lots of money
    4. If we tax the rich, “It will affect the servers tip at the country club”. I don’t pay my taxes now.
    5. Lets play the race card, “let the news puppets dance for weeks”.
    We will slide bills by while the smoke screen is up.
    6. The 99ers need to “walk away” from their American dream, and their home. “Go to Mc Donalds they will hire a 60 year old with a degree”. “There’s plenty of jobs, I just can’t remember who told me”.

    These same men are saying, “fter Bushes 4 years of financial freedom”. now after 19 months “What has the President done”? our filibusters are “only trying to show our concern for our grandchildren”.
    After being a lifelog Republican, I will never vote for them again.

    • Norm

      lyle
      There may still be some hope for the Republicans. When and if they disengage themselfs from the neocons, extremest, and hate mongers, and respond to the wants and needs of the American public they may still get my vote.

      • CLARENCE SWINNEY

        NORM i respect you.
        NEOCONS got aboard in 1981.
        Did damage for 8 years
        Bush I hated them.
        Took control in 2001
        The worst decade since 1920 Decade same ideology

        • TIME

          Clarence,

          They are all the same dude, Clinton is just like Bush, Bush is just like Barry Soetoro, who is just like Nixon, who is just like Wilson, who is just like FDR, who is just like Carter, who is just like Bush, who is just like Johnson who is just like Regan, who by the way was just like all the rest.

          Its all only a differant candy coanting to make you have a feel good happy day with warm fuzzies.

          Dude, its all 100% total BS there is no Democratic party anylonger, there is a small group of Republicans left that are not Progressives, but your sure not going to hear from them in the media.
          Hell the media is 100% controlled by the Progressive and has been since Walter Lipman’s time thats over 100 years ago.

          Know who spins and you will have a better idea of why its being spun.

          • Norm

            TIME
            You don’t like much of anybody. Stick with Beck and the teabaggers. Obama needs a second term.

          • TIME

            No Norm,

            I don’t like people who “lie, cheet or steel and or misstreat others for their own gains,” is that clear enough for you?
            Politicians are little more than legal thiefs as far as I see it.

            When it comes to taking away my freedoms to do as I wish, then I am not in favor of anyone who feels that is within reason.
            Is that a bloody strech for you?

            Oh I fogot as I am one of the blacks who did come from nothing and has made a good life for myself and my family, as well given a large chunk of my wealth to 401-C 3′s.
            As well been a Big Brother to 4 young men over the last 30 years, one who’s mother dropped him at my door step and left him when he was 7 years old.
            By the way of whom we not only have gone through the ringer to adopt but have given him a good home with love and all that that entails.

            Also we both, that being my wife and I have given to Animal Shelters something close to my heart, as well Battered Wife shelters, let alone given to familys who need help with Medical bills so that they did not end up with nothing and a dead child as well, plus the Gift of life program thats for “any child” who needs a Heart transplant.

            So I find it rather strange that you who have nothing good to say about anyone who is honest, cast any stones for any reason.

            Let me be clear I could never have done any of what we have done if I had {ZERO work ethic, and no money.}

            So I am not a bloody little twit with nothing to give back I have been on the front lines ever since I made my first Million, as I truly know what its like to be “DIRT POOR” and have absolutely nothing.

            How about you bud what have you ever done? That is other than post worthless BS here day in and day out?
            Tell me Norm what have you done, and don’t blow smoke up my butt and tell me the house os on fire. :-) Have a nice day Bubba.

          • Al Sieber

            Time, that was a excellent post, “they are all the same Dude”.

          • eddie47d

            For such a “good man” Time you sure are nasty and cast many stones. Enjoy your million or so. I give to numerous charities and help other folks and only bring in $36,000. Our corporations and banks lied,cheated and stole and American workers were rejected and paid dearly for it. Where’s your cajones for them?

          • http://?? Joe H.

            edduh!47DUH!,
            yup and your hero agreed to Bail them out when they were “too big to fail”!!! Don’t bother to give me the Bush BS as Nobamam could have tried to stop funding to the bill if he had wanted!!

          • TIME

            Eddieeeeeeeeeeeeeee,

            Well thank you ever so much for your words. Yes, indeed I am one nasty dude, a real SOB, thats for bloody sure, again let me thank you for pointing that out to me. By the way Good for you that you aid your community, thats really a good thing and I applaud you for it, keep up the good work. Have a nice day :-)

          • Norm

            TIME

            I, like you, started out with very little. I was born and spent my early childhood in a house with outdoor plumbing. I live modestly, although some would probably say that I’m well off. Everything needs to be taken in its proper perspective.
            I’ve paid a lot of taxes in my working career and continue to do so in retirement. I served my country in the US Air Force, and through the GI bill and employer funding, managed to get an excellent education. My GI bill “grant” was paid back in spades through taxes.
            I give little to charities and churches, but believe that my tax dollars should be used for social programs that help people to fend for themselves. I don’t believe in war and think the US should not participate unless attacked.
            If you feel good about your charitable deeds – good for you.

  • Norm

    THE FACTS ARE:

    Feb. 2010. The administration released their budget plan which was purported to reduce the tax burden on middle-class Americans. There will be clear winners and losers under the plan, so here are the high points:

    WINNERS
    · Making Work Pay tax credit – $400 for individuals, $800 for a couple filing jointly through 2011. This was already in place for 2009, 2010.
    · Middle Class Income Taxes – Extending the tax cuts enacted under Bush for families making less than $250,000 and individuals making less than $200,000.
    · Hiring Businesses – Budget would give companies a $5,000 tax credit for each new worker they hire in 2010. Businesses that increase wages or hours for their current workers in 2010 would be reimbursed for the extra Social Security payroll taxes they would pay. I question how helpful the second part is. Would this just make companies rethink a new hire since they could employ overtime for less money now? Some new hire decisions on the fringe may suffer.
    · Research Outfits – Make the research and experimentation tax credit permanent, saving businesses about $83 billion over the next decade.
    · Business Capital Outlays – Extend a provision allowing businesses buying equipment such as computers to accelearte depreciation through 2010, saving them $20 billion over the next decade.

    LOSERS
    · High Income Earners – Raise the top two income tax rates for individuals, from 33 percent and 35 percent, to 36 percent and 39.6 percent, respectively. Result: nearly $1 trillion in higher taxes on couples making more than $250,000 and individuals making more than $200,000 by not renewing Bush-era tax cuts for them.
    · Investors – Increase the top capital gains tax rate from 15 percent to 20 percent for families making more than $250,000 a year and individuals making more than $200,000. This may have a gradual impact on stock market returns. With a higher capital gains rate, high net worth investors may shift to other assets with a more desirable net return profile.
    · Oil and Gas Companies & Multinationals – Increase taxes on U.S. companies with major overseas operations, and plans to increase taxes on oil and gas companies to the tune of about $39 Billion over the next decade. Also, restrict the ability of international companies to defer taxes on profits made overseas, raising about $26 billion over the next decade.
    · Charities – Since many charities rely on contributions from high income earners, the new limit on itemized tax deductions high earners can claim for charitable donations, mortgage interest and state and local taxes, will likely hurt.
    · Banks/Financials – Enact a “financial crisis responsibility fee” on large firms that may be “too big to fail”, raising $90 billion over the next decade.
    · Fund Managers – Change the way profits by investment fund managers are taxed, raising an additional $24 billion over the next decade

    • http://?? Joe H.

      Norm,
      I hate to break it to you, but that oil and gas and MULTINATIONALS part is gonna hurt tha American workers as well. There are many American companies that have a major presence here in the states, but also have many factories all over the globe!! The profit from those companies still comes back here to the States. Take for instance the company my wife works for. They have about 14 plants here in the US and subsidiaries all over the world. Raise their taxes too much, and they might just move out of the US altogether.a smaller raise in taxes might just lead to layoffs here and increase in employees overseas! There are quite a few companies in this position including the big three! think about Chemical companies as well.

  • CLARENCE SWINNEY

    FLAT TAX ANALYSIS put myths to bed please

    Neal Boortz book years ago 23% will do it
    Correct at that time not now

    Total National Income is 12,000 Billion
    Total National Consumption is 70% of GDP
    Budget for 2010 is 3600B

    If we cover 3800 out of 12,000 (3800 : 12,000)
    32% 32% 32% 32%

    Who pays 32% of Income in Federal Taxes?

    2008–irs
    Top 400 Incomes paid 17%
    Buffett paid 17%
    Corporations paid 16%– highest paid was 29%.

    Try asking Rich to pay 32%
    Try asking Corporations to pay 32%
    Try telling Universities the donations to you cannot be deducted?
    Try telling that to your pastor?
    Try telling that to those with incomes of $10,000?

    It will not work.

    Pay your way requires Progressive Tax system.
    Bottom 80% does not earn enough to support our big spending

    Today Middle Class owns 7% of Total Financial Wealth
    Today the 93,000,000 so called Middle Class have X% of Total Income.
    You Guess how much? drip drip drip drip down

    In 2008 please read this slowly
    ctj.org. study from irs numbers
    Top 20% paid 30% of Total Income in Federal-State-Local-Taxes
    Middle 20% paid 28%
    Bottom 20% paid larger percent of Total Income in State-Local Taxes than top 20% 30-28% wow! praise somebody

    The Middle Class pay a much larger “share” of Income in Payroll taxes than rich.

    Top Incomes pay, by far most of Federal Individual Income Taxes.
    They have , by far, most of the income.

    Corporations at one time paid 35% of Total Federal Budget. Now 7%.
    Is it called mud holes or loopholes?

    ctj.org irs numbers
    Study of 2008 Income tax Returns showed
    Top 20% of Incomes paid 30% of Total Income in Federal-State-Local Taxes—Middle 20% paid 28%.. 28 to 30 wow

    cswinney2@triad.rr.com
    olduglymeanhonest

    • CLARENCE SWINNEY

      Dumbo
      2010 budget 3600 not 3800
      stop goof ups wake up drink that coffee

  • Marilyn

    America is waking up but far too slowly. The “Change” that Obama promised this great United States is not the change that Americans expected. Obama came along at the rigt time when the other Executive and Legislature Branches before him had set the stage for “Obama Change.” Little did we recognize that change meant borrowing money from China (Bonds) and giving that money to Brazil for off shore drilling while halting all off shore drilling in the United States, creating a health care plan that will cost more than we ever dreamed about while decreasing the best health care from well trained doctors, Calling Americans non-Christians but applauding the Muslim faith – our “devout Muslims,” taking from the rich and GIVING to the poor, leading the United States into a third world country, Obama usurping his powers to seat more of his cronies into important positions to help him complete his agenda, the list goes on and on. How about Arizona and all States that have been trying to halt the influx of illegals? Now there is a blow that should wake up Americans. The Feds cannot do the job and will not do the job to prevent illegals but they can fine States for detaining illegals. Isn’t there something wrong with this administration?

    Now, If I worked my azz off to have a nice home for my family and have a drivable car or even two, and paid my taxes on my income, I am supposed to hand over more of my hard earned dollars to a Federal government agency that cannot even run a profitable whore house. I’m supposed to give up my hard earned dollars to support those who cannot or will not work. That is insane thinking on Obama’s part. Rich people who became rich by STEALING from the working class, that is a different story. (HMM.sounds like today’s Federal and State Governments)

    Welfare program: Our tax dollars go to support this program. If I want to get a job, I have to pee in a cup to prove that I am not taking drugs. Yet, my tax dollars go to welfare people who consists of many druggies. If I have to pee in a cup to get a job, all welfare people should have to pee in a cup to recieve my hard earned bucks! I digress.

    It is time to get rid of this foolish president and all of his cronies and take back America. I don’t know if it is too late but each November I’m changing all government candidates. I don’t trust the Republicans or Democrats to do the right thing for America but I can always vote out the trash and bring new in until we have a government for the people and by the people.

  • http://thanI Rick

    I made a little over $30K last year. Have chosen my way of life, and not always made the right choices. But, if anyone has the formula, follow this post with how much you owe me if you made more money than I. I’ll get in touch with you and tell you where to send what you owe me. If you don’t , I’ll call Obama and turn nyou in. hat’s that? He decides who gets byour money? Oh. . .never mind.

  • http://MotzillaFirefox satch

    Timothy Geithner has it right in one respect–with balloonig debt and deficit and Obama vacationing every other week with all their anterrague along costing millions of dollars while the looming unemployment stares the taxpayers– never let a crisis go to waste–tax the rich just a little bit more to make up the difference for the Obama waste! Golf is more important than the nations well being so it seems and the pious lying attidude toward Israel is unnerving God who is about to unleash his wrath on those cursing his chosen people who are taking the land he gave Them, and them only! Wake up Barakie while there is still time!

    • CLARENCE SWINNEY

      CHRISTIANS 2000 MILLION
      MUSLIMS 1500 MILLION
      HEBREW 14 MILLION

    • Papadale

      Will Geitner pay his taxes on time!? Or will he FORGET like he did before being appointed to his government position. I agree with Red Alert; he is a CHEATER. The arrogance of Obama administration continues and it will get worse if he is re-elected.

      • http://?? Joe H.

        Papadale,
        He’s only following his hero’s example….Charlie Rangle!!!

    • Winnie

      Satch, I believe that God did not give the land to the Europeons. These newcomers massecured the Native people of North America and moved into their land. Sure treaties were signed but they were more for the benefits of the Europeons ($24 for Manhatten Island? Ridiculous!!)and not even honoured. The treaties were to be honoured for as long as the rivers run and the green grass grows. Last I looked the rivers are still running and the grass is still growing.

  • Ron

    “We think that’s the responsible thing to do because we need to make sure we can show the world” that America is “willing as a country to start to make some progress bringing down our long-term deficits,”

    If there is any truth in that statement at all then stop with the ridiculous spending and start creating jobs.

  • barbm

    i hope he sticks it good to the hollywood wealthy who supported him so strongly.

  • Ron

    On another note, how about all the rich tax cheats in the federal government pay their taxes. They can also send money to help specifically pay down the debt. Bunch of hypocrites.

  • Dan-o

    Impeach Obama. Nuff said.

  • red alert

    What this coward won’t be CLEAR about is, the fact that the taxes he speaks about, are going to affect all of us who actually still have a job, and still pay our taxes honestly. We do not cheat like his buddies the CHEATERS DEMS. Can you imagine what our kids learn from all those cheaters? Be like Tim G. the TAX CHEAT, and you can actually become the treasury secretary, actually in charge of other people’s money. That’s the lesson this hussein is teaching our kids. You do not need the REAL 10 COMMANDMENTS, just be a cheater and you’ll have a great government job with me! So, do not be an honest person. It does not worth it, just look at my staff!

  • Bitter Libertarian

    People need to stop focusing on Omama as the source of America’s Ills…he’s just the front man…get rid of him and another front man takes his place. Congress is filled with the same. Many waiting to get booted so their friends can take their jobs in November.
    The two party system = no choice = no freedom = no future.

    Put down the beer, Put down the remote, I guarantee if you do the following 3 things you will Know the Truth and what has to be done;
    1-Watch the Money masters
    2-Watch Michael badnarik’s class on the Constitution
    3-Read the Constitution.

    Digest it all…throw up several times & then you know you got it.

    • Viktor Leben

      I’ve got a better idea, Mr Libertarian !

      Make as much money as fast as you can ! Become the Upper Rich class ! Then all will be well …..

  • LEE KWAN YEW

    WE Americans are to be blamed,we have diverted our business to china and singapore,, while our own people are unemployed ,the others are booming at our expence. our know how tecknowledge has been transfered to china through singapore, we are still sleeping ,,,,,when will you wake up AMERICA…..

    • Norm

      China is a communist country and was our feared and hated enemy until the wealthy patritioc royality of the US found out there were big profits to be made. Greed and self interests have no loyalty, no country, and no honor.

      • http://?? Joe H.

        norm,
        I finally agree with one of your posts!!!! Greed knows no honor,loyalty, or country. Like Nobama won’t wear a flag pin or cross his heart for the national anthem or our flag, no loyalty. Won’t keep his word or promises. No honor. Wants to destroy this great nation that was once the shining example on the hill and still could be, 57 states(?). No country!!!!

        • Viktor Leben

          Joe H,

          Why the bad words about the Prez ? He’s President and a Nobel Laureate ! Can you put that on your resume ? Who the smarter one, you or him ?

          • http://?? Joe H.

            victor,
            how about you dispute what I said?? Or is it because you can’t??? Nobel laureate? so is Gore and Arafat I’m glad I’m NOT part of that group!!!

  • taxman

    Obama wants to allow illegals in the US, here is a plan. On your w2 for number of dependents put as many as it takes to have no income tax taken from your check. When tax time comes around claim the illegals as dependents and get earned income credit for having so many dependents.

  • http://herringtons.home.mindspring.com lighterknot

    Good thing I’ve got so much time; still I can’t keep up with these threads just too much reading. There were at least three good posts on this one. Most were simply “The Blind Mans Elephant”. Honest perhaps but wrong by 88%. The rest flame blowers for those who wish to put the destructive GOP back in office.

    It’s sad but true – that a healthy wealthy working class is the thing …those in control most fear. So they water the workers beer…that old folk song is truer today than ever.

    After seeing and living through the gluttonies appetite of upper middle class and lower middle class Americans…their extremely destructive Life Style and wasteful habits. I tend to agree. Hell I can’t get my loved ones to stop buying bottled water.

    Maybe I should pin a medal on Bush for ending it…of course it would be dangerous for me to get that close to him. I might go crazy and take justice into my own hands. For I’m pretty certain 9/11 was an inside job. Too much rallying and coaxing (that’s not the right word “browbeating” is better) us into war on Iraq. And look who got richer.
    This “Laissez Faire” capitalism is mostly the GOP’s baby and must be stopped.

    I don’t excuse those bought and paid for Democrats who clam to be progressive and I like the word liberal much better. While they are mostly responsible for creating the middle class they seem to have abandoned it. Maybe they too see the destructiveness of the life style we live.

    I am in agreement somewhat with you conservatives; I’ve a nostalgic longing for the greatest experience the world has ever known “The dream, the pie; The American Experience” did we ever dream… but frankly Im sick of junk mail, commercials in every place I see and hear in a consistent drum beat telling me to go buy sh*t I don’t need.
    Most of you college graduates are employed to find new ways to fill up my senses and all my sacred places with BS commercials. One could justifiably hate this country for the fat gluttonies, amoral pig it’s become.

    But don’t despair I just watched …Clan of the cave bear … I read two of Jean M. Auel’s books but never bothered with the movies till now… Getting past the fantasy… this was an awesome time; Neanderthal giving way to Cro-Magnon – the last line “the clan is lost”. Well who knows how long it took but they vanished from the earth…except for a little inbreeding with their conquerors. I’m fairly sure I’ve a drop or two. Seems their problem was some kind of moral adjustment They could not change with the times…plus dumb; that’s just a warning to you superstitious conservatives. Although I hope you’re right, if you practiced the teaching of JC we would not have this problem.

    • s c

      Knot, like most progressives, you can’t grasp the obvious. Never say conservatives and ‘Republicans’ in the same breath. Capitalism works – when it’s not being strangled by progressives and their many ivory tower, internecine allies.
      When it comes to Jesus, we (conservatives) reserve the right to tell you leave the area. You understand religious principles the same way you understand politics. That is, your masters tell you what to say and think. It is programmed thinking. It is bunk. It is arrogance on steroids. It has never worked in any country in the history of the world. Your icons made WWII Germany what it was.
      I’m being polite when I say that you are clueless. You are deathly afraid of having a clue. It’s easier for people like you to to ‘feel’ your way through life. Quality thinking just gets in your way. You and your fellow camp-followers are two-legged examples of Pavlov’s dog. Woof!

  • Disgusted

    REMEMBER IN NOVEMBER! VOTE THE BUMS OUT!

  • eddie47d

    The wealthy enjoy much more of what America has to offer because their salaries are obscenely high. Wealth in it’s self isn’t evil it’s how you get it. These high roller have been making money off of money and not hard labor. They manipulate the stock markets,our tax laws and the buying public and some of you think that’s okay. The average worker in America earns $52,000 and many of these average employees work much harder than those earning over $250,000. I think that is a good place for the end of the tax cuts. For it seems like the more you earn the less you seem to deserve and it all becomes a game of collecting more wealth for these folks. These tax cuts did not produce the jobs that were promised and did not spur the rich on to do so. I don’t respect Americas CEO’s and their padded bonuses and pensions. They only cared about their “perks” and not the health of their companies or the health of America.Greed ran amouck and I don’t feel sorry that they might have to give up just a little bit of their lavish lifestyles. It’s Truth or Dare time for the wealthy and all Americans. Are we in this together or do certain high income earners get to keep looking down on the average citizen and flaunt their dispicable behavior. I even dare to say that the super wealthy have stolen other peoples money (from you and me) and it’s time to pay it back.

    • http://?? Joe H.

      edduh!,
      good let’s raise Nobamas taxes by 50% of his wages!! you are right, HE HASN’T EARNED IT!!!!!

      • eddie47d

        Joey! There’s always one rat who will stand up for those wealthy cheats who screwed America. That be You! Obama is a whole other issue.

        • http://?? Joe H.

          edduh!,
          In case you didn’t notice or perhaps you can’t read, I didn’t defend anyone!!!

  • Robert Hauser

    The Almighty Fudgesicle “raising taxes on the rich”????…..you’ll see the day that cows give beer first.

    “Politics is the stupidest business in this world…as any wash woman in Munich could tell you” —-Dietrich Eckart

    In that scatosphere known as “American politics” it is all about saying one thing and doing another…most often the exact opposite. The Chocolate Jesus rode ass-first right through the front doors of the White House on the crest of an ocean wave of Goldman-SUCKS funding….no, he is not going to ever “tax the rich”.

    • American Justice

      Really, so you think that a republican president is going to give a damn about the middle and lower classes? I don’t think so.

  • http://gmail i41

    Edyee, you are parrotiing native socialistic veiw, if you want something you steal it either by a government mandate or taxes. When people live of of the government and don’t earn their worth, sociaty breaks down. You more than anybody should know how reservations and living and depending for the government has ruins several generations of people. If you don’t sweat and work for it you don’t respect or value a damn thing. Thinking you are a victun all the time only weaken you core values if you ever had any. When communist lover FDR started the welfare government programs for the farmers and over the years ranchers wanted their peice of the welfare pie. Blacks, Indians, farmers, rancherrs, welfare rats, politians, and all marxist democrats have their greasy paws out for their government money for doing nothing. Get rid or faze out in 2 years all government welfare programns. The 20 billion welfare programs for farmers and ranchers should stop and cease yesterday.Cut all politians salaries by 3/4s and make them clock in and out,go after the father of welfare children, by having them babysit for 12 hours, while the mother works, and then reverse roles. If both parents are too lazy and to stupid to get a job, they xcan sort garbage for minium wage to cover costs before they get any money. Taxes is what the dems like to put on working citizens, make pols, sports players, movie stars, and eleitist bastards pay the same as the middle class working stiffs do, and only give the same tax breks as we get.

    • Viktor Leben

      If the welfare programs are “phased out” then their will be starving people in the streets. If that’s 40% of the population, you are looking at roughly 120,000,000 individuals who won’t be “happy campers” …

      You break the news to them ! I’m going on a long vacation (outside the US ). I’ll be back when the rioting is over ….

  • American Justice

    Well this has been an issue for a very long time. I have always thought that it is a bit unfair for the working class and lower class to be taxed so heavily. I am in the middle working class and I have noticed that well over 20% of my annual salary goes to taxes. When someone in the rich upper class really doesn’t take a hit to the point of noticing any differences in their income. The bottom line is this, the rich high class bracket can afford to pay the higher tax. I really do not have any sympothy for them at all. If they want to fight the President for his decision then it is because they are greedy people. Let the Bush tax cuts expire and give breaks for the middle and lower classes. It is about time for it to come end and this is just one of the reasons. That Presidents like Bush and his father before him discust most of the United States. They are known for only looking out for the rich and to hell with the rest of us.

    • Viktor Leben

      Hey American Justice !

      Wall Street will just fire President Obama and the Democrats ….. just like they fired the Republicans …
      I heard Wall Street’s contributions to the Democrats is way down .

      The Democrats will have to give Wall Street some more taxpayer money or they won’t get re-elected.

  • http://none Ed M,

    Where is the trickled down economy the very rich were supposed to create from the huge tax cuts from the moron GWB.? Just think if the jobs would have been created the rich would become richer also. They should have the alternative to create jobs or pay 40 to 45% in taxes.Years ago I read where a movie actress in France made 10 Million and she was happy to pay 70% in taxes, because she still had 3 million to spend. How about the hedge fund broker last year made 7 billion, he should pay 50% in taxes because he would never be able to spend the 3 1/2 B. left.How ironic, the x congressman from Chicago,who served in prison gets $140,000.00 pension, should pay 75% back,and others who served time Rostenkowski, Cunningham and two others I don’t remember their names.The little more wages people can earn, they would spend it to keep the economy going.

    • Viktor Leben

      Ed M,

      That movie actress is living in France, they have a different culture ! France is a great place to live (if you don’t want to be rich$$ !). To many militant Arab Moslems rioting all the time. They got the people of France scared. I guess they have an immigrant problem like we do ……

    • http://?? Joe H.

      Ed M,
      If you like France you could immigrate there. If you do I hope you don’t want to work a little overtime to say buy a new car. 40 Hrs a week max, no more!! Want to fix up the house a little? Do it on 40 hours work a week! Those already rich are the only ones that get anywhere in that country!Oh, need health care? good your taxes pay for it. They also pay for anyone that happens to visit your country as well. YOU pay for it not them!!! Ain’t that just grand????

  • NT

    THE RICH RECEIVED CHEAP CHINESE LABOR AND PRODUCTION BUT TAKING JOBS TO CHINA. THEY RECEIVED CHEAP PRODUCTS WITH NO REGUARD TO QUALITY TO EARN A PROFIT AT THE EXPENSE OF AMERICAN LABOR. THE WALL STREET BANKERS CREATED DERIVATIVES TO CHEAT EVERYONE. NOW THEY WANT TO KEEP WHAT THEY HAVE AND NOT CONTRIBUTE TO AN ECONOMY TO KEEP WHAT THEY GAINED. IF THAT IS WHAT IS DONE THEIR GAIN WILL BE REDUCED TO 10 CENTS ON THE DOLLAR.
    NT

    • Viktor Leben

      NT,

      Wall street will just pass the cost on to you and me ….. nothing will change for them.

  • NT

    REGAN DAY: Governor Edmund G Brown Sr created a plan to increase the water supply to farm land in Californis, the sixth largest GNP in the world. He set up an improvement in the transportation system that was need for the the sixth GMP in the world. Govenor Ronald Reagan ERASED THESE NEEDED IMPROVEMENT IN CALIFORNIA. These highway imporvement improvements included a new Highway 24 – Highway 380 interchange. When the interchange was constructed it reduced the time to travel from San Jose to Fairfild by 45 minutes and elemented the bottlenecks along this stretch. Trucking companies whould have saved money by not driving stop and go through this stretch. fresno has one freeway that is not used because it is in the wrong place. The original two freeways would have been used and would have cost less money to a bad fix to save money. The California Department of Highways engineers knew that was happening, but the then Governor Reagan muffelled them. To give this former governor a day to remember is not very smart. He talked it up against Russia when they had already lost the competition with America just to give large weapons contracts to his rich supporters. Nancy Reagan knows this, she was DEFACTO PRESIDENT to keep wrong inpressions from reaching the public.
    NT

    • Viktor Leben

      NT,

      It doesn’t matter anymore .. California’s economy has gone down the toilet . To many illegal immigrants (invaders). All the people are scared of them …..

  • Viktor Leben

    Hey Mr. President !

    Raising taxes is giving the STATE a PAY RAISE !

    I’m unemployed and I’m SPENDING LESS ! Why should the STATE get more money ?

    I have a suggestion Mr President …. WHY DON’T YOU SPEND LESS … THEN YOU CAN TAX US LESS !

  • DENNIS

    Nobody in the world is going to believe we are serious about bringing down our debt as long as we have a tax cheat running the IRS,,, and keep expanding the government!! It is time for at least a 5 percent pay cut for every federal government employee across the board,,, and employee cuts in every department in the nation! When that is done, maybe the world will believe we are serious about cutting our deficit! And the next thing, would be to get rid of all Dumbocrats this November!

  • Sassy Lou

    Yay!…Because nothing makes more sense..by sending more jobs overseas..causing less people to be paying into the pot…which thus causes the government to go after the people who have something to take. However, if the “wealthier and business owners” finally get it that they are the next on the “target” to be moved to the lower class…or same as the “last Scrooges” alive…struggling just to stay in the upper middle classes..blaming the poor….just like the classical scrooge..they will realize they are the NEXT in line to be overshadowed and overtaken by the larger multi-national corporations who want nothing more than to run their businesses into the ground so they can get more control over the planet!

    Start looking up people..and I mean above the family owned mom and pop businesses in your community..looking below..you will find no answers there.

    Capiche!

  • Boo Ewald Taylor

    The flat tax would be way to simple and easy for the government to go along, it would be the best answer, couldn’t we try it?

  • Jean

    10% flat tax or 10% sales tax on all purchases except food items. Everybody pays the same rate. Eliminate the IRS!

  • CLARENCE SWINNEY

    Fact Check
    1980
    1% owned 20% Total Financial Wealth
    1989–36% 80% increase in 8 years(60% tax cut)

    2008–
    1% owned 43%–10% owned 70%-20% owned 93%
    80% owned 7%=120,000,000 workers shafted

    1979-207
    1% had gain of 281% in Income
    Middle 20% gained 25%
    botton 20% gained 16%

    2001-2009
    1% got two-thirds of all Income Gain
    99% got one-third

    1,500,000 took 2/3
    153,000,000 took 1/3

    Praise Allah or is it Reagan or Bush II??

    1980 to 2009—
    20 Years Three conservative presidents
    18 years conservative Senate
    12 years conservative House
    6 years TOTAL CONSERVATIVE CONTROL

    Those 3 presidents Added on 9000 Billion of Debt.
    They got 99,000 net new jobs per month–break even number
    Carter+Clinton got 222,000

    EIGHT OF BUSH II
    Financial Tsunami–Housing Volcano–added on 6000B of Debt or more than we had after 225 years (5700B).
    Increased Spending by 100%. Beat Reagan 80%.
    Got 31,000 new jobs per month.Lowest number since Hoover(notjedgar)
    Got two disastrous unnecessary foreign invansions of two of POOREST least ARMED nations on earth.

    AMERICA THE NATION OF BARBARIANS. That is how we are viewed by the world

    BUSH TOOK US FROM
    Peace on Earth Good Will From all to oh! how I hate America
    Clinton had highest poll ratigs of any peacetime USA president in Afria, Europe and Asia. 98.5% in Moscow. Wow!
    Bush inherited a SURPLUS as far as an eye could see.
    He doubled the Debt.6000B from 5700B
    Bush doubled Spending 1800 to 3600
    Bush Cheney were Darth Vaders hiding behind Neo-Conservative Imperialism. 935 Lies told to get a War.Evil Evil History wil record
    LOST DECADE OF CONSERVATISM—-WORST PRESIDENT SINCE DINOSAURS–WORST MOST EVIL GROUP SINCE ATILLA DA HUN

    olduglymeanhonest

  • Matthew Marquard

    Lucy, you have some splaining to do! The truth is that mr. Obama is going to be taxing the rich, but what he didn’t tell you is that he is going to tax everybody. You see in the worlds eyes we are all well to do or rich. Let me be 1 of the 1st ones to welcome you back to the great depression. Thats right we have just traveled back in time to the 1930′s. Herbert Hoover was in office & he had just passed 1 of the most progressive tarrifs of our time or perhaps all time. Are you ready for the 2 top job killers to be put in place? That would be the Cap & tax & he is also going to be taxing the rich. Let me be the 1st to welcome you to the ranks of the wealthiest stature. Mr. Obama how about instead of raising the taxes we lower them accross the board & we cut the capital gains tax to 16%. We cut our spending by 50% & we raise up the retirement age to 75. We build a wall w/ an Ellis Island door in it to let in the more skilled immigrants that are interested in becomming a U.S. citizen. but we must not forget to do a background check. No more of that running accross the border when you are about to give birth, because that is draining our finances. Yes, I have 2 tickets & I want to wave in 14 more people. Instead in the real case you have an illegal comming accross the bloody border to have a child. No way in bloody heck are you going to have that baby over here. That is unless if you have proof that you are allready a citizen of the U.S. The problem w/ the system is the automatic citizenship of babies born over here. This later on leads to the child waving his hands & saying that they have a ticket (citizenship) & bring in their entire family.

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