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Obama Draws Line in the Sand with Republicans - Will Not Extend Bush Tax Cuts

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posted on Jun, 3 2011 @ 11:32 PM
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Money, Money, Money. this is whats wrong in this world. makes me sick




posted on Jun, 4 2011 @ 12:33 AM
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Originally posted by David9176
reply to post by sweetliberty
 





I think people are too envious and too lazy minded to make their own path.


Yeah all of us making 30k a year a lazy bums.

I'm a lazy SOB. You agree?


Kind of. Do you have the ability to make more? Overtime or a second job? If so, then yes, a totally lazy SOB. If you're making that type of income from two jobs or by working overtime, then I feel sorry for you and wonder how you can afford to eat, especially with the price of EVERYTHING going up because Obama is contributing to us getting*snip*on the price of oil!!

 

Mod Note: Profanity/Circumvention Of Censors – Please Review This Link.

edit on 4-6-2011 by GAOTU789 because: (no reason given)



posted on Jun, 4 2011 @ 01:07 AM
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reply to post by Eurisko2012
 

Why is raising taxes always bad? My friend is a bookkeeper at an accounting firm. She told me of a client that made 200 million dollars last year and paid 200 thousand in taxes. That is only 10 percent, considerably less than I pay. Whoever this person is can certainly afford higher taxes. Taxes can go to creating jobs. YES ITS TRUE! Government spending can create jobs. Think of all the infrastructure that is always in the news and in need of replacing or repairs, such as over half the bridges in the U.S. Remember the WPA? CCC? During the Depression civilians had jobs created by the government and built many of our roads and bridges and parks and other necessary things. I think welfare given to people that are generational welfare takers is ridiculous. Having kids at a young age by different fathers, none of whom marry this person, and getting more and more money for each kid? And those kids doing the same thing? Generations of welfare recipients? THAT'S insane! Raising taxes on those who can afford the tricky loopholes and accounting tricks is NOT insane! Cutting government spending can mean cutting jobs, and only people being employed stimulates the economy, not cutting taxes for the wealthy. The wealthy ACCUMULATE money, they don't always spend it in large amounts. How does this help the economy? THE COUNTRY NEEDS JOBS FOR REGULAR PEOPLE, PEOPLE THAT SPEND A LARGE PORTION OF THEIR INCOME BECAUSE THEY HAVE NO OTHER CHOICE. THAT STIMULATES THE ECONOMY! Every time I buy a tool for my job and can't find a suitable American made product, it makes me sick, but I have no choice if your manufacturers are moving overseas. And the import stuff is often total garbage! What happened to American Quality and the desire to own quality goods? Buying a stupid 6 in 1 screwdriver every few months because its poorly made does NOT make better sense than buying a high quality one for a higher price if it lasts a long time! Cutting taxes? Sorry. Usually that just means extra borrowing to pay our bills, and that means EXTRA cost because we pay interest on the money we borrow. Now THAT'S insane! Pay Your Way. RAISE TAXES WHERE IT MAKES SENSE AND CUT SPENDING WHERE IT MAKES SENSE!



posted on Jun, 4 2011 @ 01:17 AM
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The government wants more money.
The government is spending more than it takes.

So it (the government) is wanting to take more money to support it's bad spending.

Because the government can't budget, it will constantly want more. The government doesn't make money. It doesn't earn money.

It takes what it wants. And if it wants more, then it takes more.

Just putting things in perspective.



posted on Jun, 4 2011 @ 01:32 AM
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reply to post by Eurisko2012
 


Yeah Obama said the same thing last time. And with a democrat majority in both houses, they still passed the tax cuts for the rich.

So, republicans will pass it even faster.

Obama is a liar. Time to learn that.



posted on Jun, 4 2011 @ 01:40 AM
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Originally posted by deesul69
because Obama is contributing to us getting Fu(ked on the price of oil!!


A!?!?

How is that?

You are getting fawked because speculators are inflating crude and riding the fungable wave of prosperity.



posted on Jun, 4 2011 @ 01:55 AM
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reply to post by Janky Red
 


No, OPEC sets the production levels and controls the supply, which could be offset if we would drill and use our own oil and reduce our dependence on foreign supply, decreasing the price of all products made from oil and our cost at the gas pump. Speculators play a part, but only in daily and seasonal prices, not the big picture.

I might be mistaken, but did u mean to use the word fungible?
edit on 4-6-2011 by deesul69 because: (no reason given)



posted on Jun, 4 2011 @ 02:13 AM
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reply to post by Eurisko2012
 


First off...this guy just maxed out all his credit cards....

With that said, the only thing left to do is raise money to pay off the credit cards...

However, he has no plans for cutting spending....

So "this guy" is going to keep digging us into a hole as wide as the grand canyon and then sit back and laugh at the next republican who gets into office and has no way to get us out of this mess.

Then this republican will sit there, completely helpless, be constantly destroyed by the media, Hollywood and every other moron in the US.

Then we'll elect in another Obama the next term and we'll keep this nice cycle of doom going....

Meanwhile...the dollar is worthless. We'll keeping paying obscene amounts of money for gas, food and goods. The only person who looses in this mess is the citizens.

Welcome to your worst nightmare, the US political system.



posted on Jun, 4 2011 @ 02:17 AM
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the only reason raising taxes on the riches doesnt work is because they seem to think they deserve a 600X pay grade compared to their average worker. And as long as CEO's and boardmembers think this is responsible, they will push for this. whenever the system forces the elites to pay more in taxes, they end up pushing that cost onto us. they need to just absorb this cost and accept living on 2 million a year, vs 4 million a year.. its a tough cut i know.



posted on Jun, 4 2011 @ 02:20 AM
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reply to post by Janky Red
 


It's called inflation.....

It's when your government prints obscene amounts of money that it does not have the backing for. It results in higher oil, food and product prices.

Educate yourselves



posted on Jun, 4 2011 @ 02:27 AM
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We need Ron Paul right now to fix Obama's mistakes just like we needed Reagan after Carter!! Reagan inherited an economical situation that some say was worse than what we're dealing with today, and Reagan had the economy back on track in no time, using trickle down economics and REALITY!! It didn't drag on like its doing with the clown we have running the show today!!



posted on Jun, 4 2011 @ 02:34 AM
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reply to post by neo96
 


I must disagree!
the majority of people i know that are unemployed, had been working basically full time OR working what they could while studying.

There are a lot of people who are willing to work who cant find work.


in the end it comes down to technology. It is removing the need for humans to do jobs.

Our system must change.



posted on Jun, 4 2011 @ 02:46 AM
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Originally posted by deesul69
reply to post by Janky Red
 


No, OPEC sets the production levels and controls the supply, which could be offset if we would drill and use our own oil and reduce our dependence on foreign supply, decreasing the price of all products made from oil and our cost at the gas pump. Speculators play a part, but only in daily and seasonal prices, not the big picture.



Hoffmeister and Tillerman have both stated that crude can be refined, transported and brought to market
for 40 - 60 a barrel, both men stated that speculation is exactly why prices are so high. Warren Buffet predicted this spike before it happened and cited speculation as well... Those three men are more than enough to convince
me. Tell me how price reduction would occur? What would motivate an entity or entities to press a course that would negatively impact the bottom line? You are aware that there are many domestic leases that are untapped??? Could it be that you assigning your impression of what SHOULD be done to the industry erroneously? What makes you think it is profitable to disrupt a profitable position?

Thanks



posted on Jun, 4 2011 @ 02:54 AM
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Originally posted by deesul69
We need Ron Paul right now to fix Obama's mistakes just like we needed Reagan after Carter!! Reagan inherited an economical situation that some say was worse than what we're dealing with today, and Reagan had the economy back on track in no time, using trickle down economics and REALITY!! It didn't drag on like its doing with the clown we have running the show today!!


And Reagan was the initiator of the great governmental debt machine... Reagan spent more than three times
what all presidents prior spent. The spending between 80 and 92 accounts for 8.3 Trillion of the current debt
due to compounded interest. Reagans policies created exactly what Libertarians claim to fight against, I think
it is amazing how the false attributes endure with that man.
edit on 4-6-2011 by Janky Red because: (no reason given)



posted on Jun, 4 2011 @ 02:57 AM
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reply to post by getreadyalready
 


I like the idea of a flat tax rate for all income levels. If you base it on dependents then people are going to have many kids and we'll have a major over population problem.



posted on Jun, 4 2011 @ 02:59 AM
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reply to post by Janky Red
 


Reagan outspent the Soviet union and brought the Berlin Wall down as a result. I don't think that and spending money on unconstitutional healthcare overhauls and bailing out banks is a good comparison.



posted on Jun, 4 2011 @ 03:01 AM
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Originally posted by deesul69
reply to post by Janky Red
 


Reagan outspent the Soviet union and brought the Berlin Wall down as a result. I don't think that and spending money on unconstitutional healthcare overhauls and bailing out banks is a good comparison.


OK



posted on Jun, 4 2011 @ 03:13 AM
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reply to post by Janky Red
 


You're probably right about the profitable position, because the oil companies wouldn't sell us oil any cheaper than the top dollar amount it would go for on the global market, and it would take years for any drilling to begin if the moratorium were lifted. But I think if that were to happen and accurate research put a number on the amount of oil stored in those areas, speculation would help to drive down the price of oil, along with the higher production to consumption ratio for our country in the long term.



posted on Jun, 4 2011 @ 03:13 AM
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reply to post by Eurisko2012
 


obama is drawing a line in the sand? he should put his head in it while he's at it! sorry, had to go there.



posted on Jun, 4 2011 @ 05:10 AM
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I'm all for it tax away. Tax the rich to death as far as I'm concerned.



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