Spread the Tax Hooey!

THE GREAT BUSH DEPRESSION
I follow an economist named Bob Proctor. He has called the top and bottom of every market crash since the 70s correctly.
He perfectly predicted the current meltdown and the picture he paints about what will happen next
is terrifying.He thinks it will be worse then the great depression.
The banks in the U.S. are going under one after the other. Countrywide ,Bear Stearns, Lehman Brothers and Merrill Lynch , Fanny and Freddy Mae ,AIG
The government took them over because they are bankrupt. Even with the goverment nationalizing hundreds of billions of dollars in debt the stock market is crashing
the credit markets are frozen and all of us may suffer beyond anything seen in generations
McCain just like Bush " doesn't understand the economy".
That not just my opinion its his own words. Not only does he not understand how to fix it but he does not understand how its been broken.
It is no surprise that he doesn't. The people that make up these securities use quantum mathematical models very few people understand.
Bush and McCain both can take the credit for this mess since they helped deregulate the laws that were protecting us.
Bush's economic advisor Phil Graham wrote the deregulation bill that allowed banks to take huge risks with all of our future.
Now, Phil Graham is the head of McCain's economic policy.He is also McCain's choice for the next secretary of the treasury.
No one in this country can afford for that to happen. The last time Bush met with his economic advisors was in March. He was the last to know somthing was wrong. Phil Graham had the guts to say that we are in a mental recession after he helped create the worst economy meltdown in our lifetime. Check out this link to the truth http://my.barackobama.com/keatingvideo
It will take the best and brightest minds in the world to get us out of this nightmare. As bad as Bush has done, McCain would be
even more destructive because things are in much worse shape. The next president will not inherit a budget surplus like Bush did but a crashing economy and a 11,600,000,000,000 (trillion) dollars deficit. Most of it Bush created and it will take decades to pay it back.
If you do what you have always done then you will get what you have always got.
When it comes to policy Bush and McCain are the same 90 percent of the time.
So why are the polls even close then ?
Mccains team just said they no longer want to talk about the economy.Instead they would like to spend time talking about obama
which means running the biggest smear campaign in history.
They think they can just tell you lies and you wont be smart enough to see through it
Let's teach him we are smarter than that
Stand up and hold them accountable
Bush isn't on the ballot this year but his policies are
Elect Obama Biden 2008






Check out this video of sarah palins interview and ask your self if she understands what she is talking about.
http://www.youtube.com/watch?v=r36Xc0GG4iQ

Comment: Obama has 63 Nobel Laureates working on his policy team. They are developing a plan to push America back to the top. Who is responsible for McCain's planning? Americans would be shocked to find that Douglas Holtz-Eakin is the sole person responsible for planning McCain's policy for America's future. Holtz-Eakin is also McCain's economic advisor, filling two full time positions on McCain's team. How can one single man (an economist) be responsible for developing a viable technology plan for our future? Obama has an enormous pool of the most intelligent, talented men and women in America working for him. Soon, they will be working for US.

And let's not forget that the McCain campaign spent more on Palin's makeup artist than it did on it's foreign policy advisor. When you pay your makeup artist DOUBLE what you pay your foreign policy advisor, it is time to start examining your PRIORITIES.

You look just fine without makeup, John. And Sarah is young enough not to need any. So cut the crap, and start paying some good ECONOMIC ADVISORS so you can have a fiscal plan to present to America. We're in the middle of a huge global financial meltdown, and you are worried about hair and makeup? PLEASE start worrying about the middle class, John. Please.

At least the GOP isn't totally at war with the environment--they DO recycle.

Now there is proof. In the exchange with "Joe the plumber" Obama let it slip that he really is as radical as his early political mentors, Davis, Ayers, Wright, etc., and that he is into the failed economic policy of wealth redistribution. Now, an interview with Obama in 2001, mysteriously overlooked all this time by the main media outlets, proves this fact. http://www.youtube.com/watch?v=iivL4c_3pck

Obama's redistribution and restitution plans alone would be bad enough, but add Reid and Pelosi to the mix, with the three of them controlling both houses of Congress and the executive branch without any effective restraint, and you have something that should causes concern even among moderate Democrats.
See Wall Street Journal: A Liberal Supermajority:

http://online.wsj.com/article/SB122420205889842989.html

Indeed, some democrats are publically saying as much. See Barney Franks comments on the news, including face the nation last week, stating essentially that Democrats in Congress intend to greatly raise taxes and go on a spending spree.

http://www.youtube.com/watch?v=u1Mazjm_A5k

http://www.youtube.com/watch?v=cJGnSAlqjoU

See http://www.taxfoundation.org/blog/show/23617.html

Who is bested suited to lead in these difficult times? The two candidates have had to deal with both a major presidential level decision and a global crisis in the past couple months.

We just witnessed as good a side by side crisis test as you could ask for. Both candidates had to respond to the global financial meltdown, which John's campaign manager Rick Davis called "the worst financial crisis in our nation's history." It was John McCain who was late to recognize what was happening and then couldn't figure out how to respond. He made a dramatic show of suspending his campaign because he knew he needed to seize the initiative politically, but then didn't seem to have any coherent position once he took charge. It doesn't inspire confidence when you say you're going to do something and then back down within days.

On the critical matter of selecting a VP who would step into the Presidency in an emergency, John McCain gives us an unintelligent mediocrity without knowledge or experience in national and international issues. Palin clearly was chosen to fire up the religious right base, but she has little appeal to the vast swath of America. Obama's VP pick is Sentor Joe Biden, who clearly has foreign policy chops and could legitimately step into the Oval Office should the need arise.

John's horrendous POW experience did nothing to prepare him for the job of president. A captive soldier must cope with a situation in which he has no control and can decide nothing. A President of the United States must make good decisions over and over again. Barack Obama has demonstrated the intelligence, calmness and good judgment we so desperately need in a leader for these troubled times. He has been tested repeatedly in this marathon campaign and he has risen to meet every challenge, sticking to his message of hope and change, and not falling into the low-life mud slinging we have seen from McCain.

Obama has better judgement, better temperament, better manners and better ideas that John McCain. I'm a middle-aged white female Christian Republican, and I am voting for Barack Obama.

Obama has 63 Nobel Laureates working on his policy team. They are developing a plan to push America back to the top. Who is responsible for McCain's planning? Americans would be shocked to find that Douglas Holtz-Eakin is the sole person responsible for planning McCain's policy for America's future. Holtz-Eakin is also McCain's economic advisor, filling two full time positions on McCain's team. How can one single man (an economist) be responsible for developing a viable technology plan for our future? Obama has an enormous pool of the most intelligent, talented men and women in America working for him. Soon, they will be working for US.

And let's not forget that the McCain campaign spent more on Palin's makeup artist than it did on it's foreign policy advisor. When you pay your makeup artist DOUBLE what you pay your foreign policy advisor, it is time to start examining your priorities.

You look just fine without makeup, John. And Sarah is young enough not to need any. So cut the crap, and start paying some good ECONOMIC ADVISORS so you can have a fiscal plan to present to America. We're in the middle of a huge global financial meltdown, and you are worried about hair and makeup? PLEASE start worrying about the middle class, John. Please.

NowfortheTruth asserts that the goal of community organizing is to "redistribute wealth."

The real goal of community organizing is to assemble political power for those who historically have had none: the poor and minorities. Some community organizations exist to redress the fact that white banks have refused to loan money to black clients. If you want to call this "redistribution of wealth," go right ahead. The rest us will continue to call it racism.

And when it comes to discussing "redistribution of wealth" and calling Obama a socialist, it is time for you to rethink that strategy. You might be stepping into a huge pile of dog doo-doo, Now fortheTruth.

Did you see McCain on Meet the Press this Sunday? Tom Brokaw played two clips from 2001 and 2003 when McCain was against the Bush tax cuts for the wealthy. McCain sings the praises of "redistribution of wealth" and says "wealthy people can afford more taxes."

When McCain opposed the Bush tax cuts for the wealthy, he said that he was taking a "principled stance." But when Obama opposes these same tax cuts, McCain labels Obama as a "socialist." Nice double standard, John.

The doo-doo gets deeper, Now for the Dog Stuff on my Hoof.

http://www.youtube.com/watch?v=iivL4c_3pck

2001 Chicago Public Citizen Radio Interview criticizing the Warren Court as not radical enough for not pursuing redistribution of wealth.

Says that community organizing is for the purpose of assembling the political power to force redistribution of wealth.

Say no to communism. Say to to Obama.

Do NOT forget:

The republicans DOUBLED the National Debt in the last eight years. That is a $5,000,000,000,000.00 increase.

There is where the spenders are.

Remember, in 1992 the republicans were saying the same thing about Clintons policies as they are about Obamas now.

And Clintons policies created the best economy of the last 50 years, CUT the National Debt and handed Bush a SURPLUS.

Also, Obama has stated any new spending will be paid for with cuts.

The republicans are in full fear mode now and do NOT want you to think about this.

http://www.youtube.com/watch?v=iivL4c_3pck

Hear Obama in 2001 Chicago Public Citizen Radio Interview criticizing the Warren Court as not radical enough for not pursuing redistribution of wealth.

Obama Says that community organizing is for the purpose of assembling the political power to force redistribution of wealth.

The imbecility displayed by the republican attack machine is wondrous to behold. Thanks for the laughs, I was going to vote for Bob Barr but the republicans lies are so freaking terrible I think I will switch to Obama. Thanks for pushing another vote to Obama. Let Freedom Ring! LOL

So Republicans are all over Obama about taxes. What's new? Republicans have a problem with the Democratic control. Why? Because A Democratic Congress will make American NORMAL AGAIN! The wealthy won't get the breaks Republicans have given them for the past 20 + years. Large corporations that have not paid taxes will now have their Republican loopholes removed! The money used for the wealthy and big corporation will be used for everyday Americans. That???s wonderful! The Democrats will make the so called ruling class pay more! Can't wait!! Politicians that have scrupulous like Sarah fly the family everywhere will be accountable for their wrong actions. Americans want their politicians held accountable. Americans want fair completive bidding processes. No more of this Halliburton Cheney corruption and deception... No more of the Bush Family, Bin laden Family Carlisle Group behind closed doors secret dealings. No more of the Oliver North McCain secret military type of operations. It should be noted that Oliver North is a big McCain supporter. Wonder why? Enough of whining Phil Graham and yes sir Lindsey Graham... McCain's buddies. If the Democrats were to get 61 senate positions they could make Joe Liberman a true Independent! Wouldn't that be nice?

Short Story Explaining Economics
David R. Kamerschen, PhD



"It's just a tax cut for the rich!"

But what does that really mean?

Let's put tax cuts in terms everyone can understand.

Suppose that every day, ten men go out for dinner and the bill for all ten comes to $100.

If they paid their bill the way we pay our taxes, it would go something like this:

The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.
So, that's what they decided to do.

The ten men ate dinner in the restaurant every day and seemed quite happy with the arrangement, until on day, the owner threw them a curve.

"Since you are all such good customers," he said, "I'm going to reduce the cost of your daily meal by $20."Dinner for the ten now cost just $80.

The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still eat for free. But what about the other six men - the paying customers? How could they divide the $20 windfall so that everyone would get his 'fair share?'

They realized that $20 divided by six is $3.33. But if they subtracted that from everybody's share, then the fifth man and the sixth man would each end up being paid to eat their meal.

So, the restaurant owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

And so:

The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).
Each of the six was better off than before. And the first four continued to eat for free. But once outside the restaurant, the men began to compare their savings.

"I only got a dollar out of the $20,"declared the sixth man. He pointed to the tenth man," but he got $10!"

"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got ten times more than me!"

"That's true!!" shouted the seventh man. "Why should he get $10 back when I got only two? The wealthy get all the breaks!"

"Wait a minute," yelled the first four men in unison. "We didn't get anything at all. The system exploits the poor!"

The nine men surrounded the tenth and beat him up.

The next night the tenth man didn't show up for dinner, so the nine sat down and ate without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half of the bill!