Originally posted by DimensionalDetective
We are truly screwed with our choices (or embarrasingly pathetic lack thereof)....
I haven't seen a lot about what the economists are saying in regards to Hillary or John McCain.
I posted these in PTS - this is what they are saying about Obama's economic 'plan' for America - (God help us all)
The National Review
discusses Obama's Spend-O-Meter.
Real Clear Markets
has an excellent article that
will educate the disciples of Obama. It’s titled – Obama stirs ill wind on Wall Street.
Las Vegas Review-Journal Called Obama's Plan "A Recipe For Economic Disaster." "Obama wants to raise the tax rate on the top income bracket from
35 percent to 39.6 percent, nearly double the tax rate on capital gains and dividends, and eliminate all tax breaks for the gas and oil industries and
private equity firm managers. Talk about a recipe for economic disaster." (Editorial, "More Class Warfare," Las Vegas Review-Journal, 9/20/07)
The US Chamber of Commerace
gave Obama a rating of 55. That’s
Citizens Against Government Waste
gave Obama a score of ‘13’. That’s an F. Heck, that’s an
The National Taxpayers Union
gave Obama an F on spending issues.
In reference to Obama’s economics - Ryan Ellis, Americans For Tax Reform's Director Of Tax Policy: "That is a guaranteed way to not only wreck the
economy and the capital markets, it's a guaranteed way for the government to lose tax revenue..." (Russell Berman, "Obama Would Shift Tax Burden To
Wealthy," The New York Sun, 9/19/07)
Ben Stein – love him or hate him – he understands finances. He writes the economics column for the New York Times. Here are two quotes from him
Stein: "Mr. Obama could become president and derail everything because his understanding of economics is 100 percent wrong. ... I must say I'm so
scared about Mr. Obama becoming president. I can hardly tell you." (CNBC's "Kudlow & Company," 2/14/08)
Stein: "[Obama] understands nothing. He wants to shut down the oil companies, take away their profits. Kill every state teacher's pension fund
that's invested in XOM [Exxon Mobil]. I am terrified of this guy. Either somebody has got to wise him up or he has to wise up himself or he will be
real dangerous." (CNBC's "Kudlow & Company," 2/14/08)
The Watch Dog on Wall Street
Obama’s economic manifesto is called a bunch of ‘campaign rhetoric’ by Quentin Hardy – a close apostle of Obamas who is involved in the
Obama admits he’s going to raise
income taxes to pay for his tax and spend policies. Higher taxes means less money for the average American which HURTS the economy. And no –
he’s not just going to soak-the-rich, he’s not just going to penalize the productive. Two weeks ago he voted to raise taxes for everyone all the
way down to those making $31,000 a year. The Chicago Sun Times
The CATO Institute
describes Obama’s Social Security tax plan as one that would be
extremely bad for younger workers. The CATO Institute refers to him as ‘no hope, no change’.
According to Obama
$97,000 a year is ‘rich’.
Guess that means that all the families where the husband makes $50,000 and the wife makes $50,000 are now ‘rich’. Heck .. even John Edwards knew
that wasn’t true.
shows a few quotes from around the country. It
may be a republican page .. but the quotes are very real.
says it all. Obama wants to tax who he
considers ‘the rich’ to be .. because … and I quote Obama ‘THEY DON’T NEED IT’. Who the hell is he to decide if someone is worthy or not
to keep their own income? He’s a typical Marxist. Takes from the productive and gives it away. Marxist ‘share the wealth’ … punishing the
productive .. rewarding the unproductive