Awesome. Taft, Harding, Coolidge, Hoover
Posted By: Go O on 2008-10-31
In Reply to: Would really appreciate some opinion feed back - on this. see message
Eisenhower, Nixon and Ford all bigtime republican socialists! Who knew?
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I think that was Hoover.....(sm)
A chicken in every pot and a car in every garage.
I agree that the trickle down thing hasn't worked. What that did was put more money in the hands of the people who already had money. Instead of creating jobs with that money, they invested or spent it, thereby staying in the top 2% with no benefit for the average American at all.
Obama's plan at least puts that money in the hands of the people who need it. No, it may not be that much, particularly at first. It may just cover that chicken in the pot, but that chicken is more than you started out with.
So, I think the real question is -- are pubs willing to just keep giving that money to the top 2% -- that would include those CEOs everyone's been talking about like dogs -- or would they rather have that money in hand. I don't see why anyone would want to fight this given the fact that Reaganomics has obviously failed so miserably.
Yeah....and in 1929 Hoover was President....
NOT Roosevelt. He got it ALL wrong.
Hubert Hoover raised taxes
during an economic recession and that lead to The Great Depression. Obama is the one wanting to raise taxes here. He wants to raise taxes on companies who are already hurting right now because of the financial crisis. This will lead to less jobs and more companies closing and going out of the country. FDR introduced several new deals which were government assistant programs that were supposed to help people during the great depression and those new deals have actually been proven to lengthen the duration of the great depression.....not help it. Obama wants to introduce new government assisted programs. To me....Obama will be the absolutely worst thing for this economy.
As for Sarah Palin....at least she has run something which is more than I can say for Obama. He may have been a community organizer but the buildings in his region that were for low-income families, like the ones owned by Rezko, were often without heat and were horrible living conditions. Sarah Palin has run a state where she is very popular. She has cut spending in her state. She has no problem standing up to her own party. These are very admirable things. Yes, Obama has been on the senate but he hasn't been on there very long. His experience of running things and making executive decisions is seriously lacking. Instead of cutting back government spending, he wants to raise our taxes. Gee....that sounds like change, huh. A man looking out for us little people.....whatever. Obama has never once stood up against his own party. His own running mate said he didn't have the experience. The amount of pork Obama has spent government money on is just outrageous. The key to this whole thing is to get government under control and stop the spending.....not let government get bigger and control more of OUR money.
Obama's scary Hoover-Style Tax Hikes
March 2nd, 2009 5:17 PM Eastern
Obama’s Scary Hoover-Style Tax Hikes
By Phil Kerpen
Director of Policy, Americans for Prosperity
The composition of the tax hikes in the 2010 budget is frighteningly similar to the Revenue Act of 1932, the much-maligned Hoover tax hikes that put the “Great” in Great Depression by putting an enormous tax burden on millions of Americans, largely through excise taxes. These taxes, raised even further by FDR, were justified by the promise that the funds would be returned in the form of relief programs, which is to say that some portion of the tax revenue, after administrative costs in Washington, would go back to the states with strings attached, often to further political rather than economic objectives.
As the table below shows, the Obama budget blueprint, like the 1932 act, is split mainly between broad excise taxes and income tax hikes on high income earners. Unfortunately, there were no 10-years projections back then, so I had to use one year numbers, but it’s still an interesting comparison.
link for table.
http://foxforum.files.wordpress.com/2009/03/kerpen_chart1.jpg
The 2010 budget assumes, probably correctly, that the only way to generate a big revenue increase in the face of severe economic weakness is to use a tax mechanism–the excise tax–that is collected in relatively small increments across millions of transactions made by Americans of all income levels. That is a direct lesson of 1932, when the income tax on the rich–then the only people who paid income taxes–was raised to capture as much revenue as possible before high-income earners fled the country or stopped working. Then, as now, that amount was about 0.3 percent of GDP.
Excise taxes did most of the revenue work in the 1932 act, including excises on everything from trucks, tires, jewelry, chewing gum, and soft drinks to gasoline and electricity. Those last two are especially interesting in light of the carbon cap-and-trade proposal in the 2010 budget, which is a DE facto excise tax on those items as well as every other energy technology that relies on the most affordable energy sources: natural gas, oil, and coal.
Despite President Obama’s promise that “If your family earns less than $250,000 a year, you will not see your taxes increase a single dime. I repeat: not one single dime,” his new budget raises 45 percent of its revenue from energy taxes that will be paid by everyone who fills a gas tank, pays an electric bill, or buys anything that was grown, shipped, or manufactured.
While the overall tax hike is smaller than 1932 (0.9 percent of GDP versus 1.6 percent of GDP) and the excise/energy component is only half the size (0.4 percent of GDP versus 0.8 percent of GDP) there is every reason to believe that the bite of the cap-and-trade tax will increase considerably beyond the initial projections, making this plan even more resemble 1932.
The cap-and-trade provisions are designed to get much, much more expensive over time, making the total impact hard to quantify but likely to be as or more expensive than the 1932 Revenue Act. In fact, Obama’s version of cap-and-trade is much more expensive than last year’s already outrageous Lieberman-Warner bill, mandating emissions cuts of 83 percent versus 63 percent in last year’s version.
I didn’t include the death tax in the chart, because there was no revenue estimate for it in 1932, but that’s another eerie parallel. In 1932 the rate was hiked from 20 percent to 45 percent, and in 2010, under Obama’s proposal (which is hidden in a footnote in the budget) it will go from zero under current law to that same 45 percent rate.
If we continue down a path of repeating the policies of the 1930s we risk a repeat of the same results. Let’s hope Congress has the good sense to say no to these Hoover-style tax hikes.
Phil Kerpen is director of policy for Americans for Prosperity.
This guy is AWESOME!
And from what I've read about him, it would be really hard to *Swiftboat* this guy (not that they'd let facts get in the way of their smear campaigns). If the election were held today, he'd be my choice, as well. 
Awesome. Maybe she can use this against the
nm
awesome! nm
nm
That would be awesome
but it won't ever happen. I'd be amazed if the government ever did something FOR the people that didn't benefit them!
awesome
I don't have time to really reply to all points here (I'm working again now... just took a few minutes off to watch the press conference).
I didn't make the original post about the stock market, although I did give a shout out.
I know there are casualties in every administration. Everyone has a different story to tell, none of which may have any impact by the government.
Thanks for your extensive response and I hope to be able to respond better later.
Awesome....(sm)
Yet another rambling session and yet....something is missing. Oh, that's right. What's missing is the fact that you can't back up the claim that was made. The question was "what regulations." Your answer thus far is seemingly...the ones that he might put in place...the onces that are in a supposed hidden agenda....the ones that only I can see....
In other words....the claim that small businesses are laying off people as a direct result of Obama legislation is nothing but BS spouted out by the likes of Limbaugh, Hannity and O'Reilly and regurgitated by the likes of you. Thank you for proving my point. You know, the thing that absolutely cracks me up about this board is that when people like you are asked a direct question, 9 times out of 10 you can't provide a valid answer. Why is that...I wonder...LOL.
Strike 3... 
I think he's awesome...(sm)
I think he is a litte awkward on TV, but I think it's absolutely hilarious. However, he is absolutely dead on with the issues. 
Awesome!...(sm)
He doesn't have to go back on Fox. All the other stations will run that clip until its dead.....LOL. BRAVO MR VENTURA!
Awesome post, Sam.
nm
Awesome quote!
x
I have an awesome deal right now too (sm)
My husband is a firefighter so we have insurance through the city (BC/BS). That's a relief all by itself! However, the city has gone one step further for its employees. They provide FOR FREE a clinic where you can go for the small stuff (cuts, colds, UTIs, etc). They also provide city employees with FREE medicine so long as they carry it. It has to be generic, but it's such a huge help. What this service provides us: For me: lipid-lowering agent, happy pills, sleeping pills, and PPI. For my husband: Blood pressure medication and PPI.
They did this because it is actually cheaper for them in the long run to provide this service to their employees with health maintenance drugs, thereby reducing the added cost to the insurance from people not being able to afford this medication and ending up in the hospital which in the long run increases the cost of insurance. I just hope they can continue to do this.
Awesome post!!! (sm)
He nailed that one!!!
Awesome post!
Too bad not enough will be motivated by it.
Obama is doing an awesome job!!!!
It's nice to have a president who can go overseas and not come back with the imprint of an Adidas sole in his forehead... 
Yes, his speech was awesome, wasn't it?
You ROCK! That is an awesome summary! :-)
x
my doc is so awesome -- sees me for free
i am so blessed. knows i don't have insurance, doesn't bill me. says if i pay for Rx's and lab work, he won't charge me. and, unbelievably, spends at least 60 to 90 minutes with me talking -- just amazing. small office, just doc, secretary and nurse. says he's not in it to be a millionaire. (put himself thru med school, 1 of 12 kids in his family.) i even know the names of his cats and all of his hobbies. he's in his mid 50s and i hope he never retires...
Awesome post techie! - nm
I guess he is awesome if your standards are
Personally, I think he is a traitor and I hope he gets fired!
Bravo to another person that *gets it*. Awesome post! nm
3
That is awesome. No more stealing our election! Gobama!
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Kaydie, your post is awesome and 100% the way that I feel s/m
about the whole thing as well. We are all entitled to our opinions, but let's remember that behind these screen names sits a real person with people who love them. Every one of us has value and something to add to this world. EVEN McCain and Palin are valuable citizens and have something to contribute, even if not from the White House. Obama, although I personally do not agree with his policies in general, will probably be good for our country in many ways. I am giving him a chance in my heart because I know that we all have to stick together. I wish him well and hope that we are a better country because of him, eventually...
Have a good day, MTs!!
awesome - dept. of free stuff
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Awesome, thanks. Now I have a list of companies to patronize.
Actually, the list was more a list of individuals who made contributions towards passing prop 8. Seems silly to boycott an entire organization because one guy or gal who happens to be employed there contributed to passing prop 8. Just goes to show you that gay right's activitists lack a certain amount of intelligence.
Awesome, thanks for posting, we fought and won the Revolution......sm
against all odds, a bunch of farmers with old muskets and pitchforks in Condord and Lexington, we were rabble, but we beat the British Empire, the greatest empire of its time, not once but twice to maintain our freedom. If we can get that mindset back, then yes we can, we can free ourselved from the tyrany of elitism, suppression of the middle class, and overhaul our social and banking systems. We fought to create and maintain this country, we now have to fight to save it from becoming a sad third-world country, a wasteland. We went from being a "Beacon of Hope" to a laughingstock among nations.
THE NAME IS HERBERT Hoover HERBERT
SOME WEIRD SPELLERS ON THIS BOARD
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