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Post by Decatur on Oct 29, 2008 18:28:48 GMT -5
I see Obama has a special political message on Fox tonight from 8-8:30pm. Somebody watch it tell us what it said. I can't stand to hear his lying voice!  |
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Post by lugnutz on Oct 29, 2008 18:34:08 GMT -5
I see Obama has a special political message on Fox tonight from 8-8:30pm. Somebody watch it tell us what it said. I can't stand to hear his lying voice! As opposed to which politician that doesn't lie? lol You all are killin' me. |
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Post by Old Ironsights on Oct 29, 2008 18:48:24 GMT -5
Oh Boy! An Infomercial!
For only 39.95% Taxes you too can Vote for Billy Mays Obama and have him scrub your 401K so clean you can eat off it!
Ka-BOOM!
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Post by danf on Oct 29, 2008 19:17:44 GMT -5
It's on like 6 or so channels. Glad we've got Dish and not just network TV anymore.
Lugnutz- have you AT ALL researched Hussiens past stance on the 2nd Amendment? What he'll do to businesses? Let the Bush tax CUTS expire (in effect DOUBLING your taxes)??
Don't get me wrong, I'm not completely happy with McCain, but it's a "lesser of two evils" election yet again................
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Post by lugnutz on Oct 29, 2008 19:19:51 GMT -5
Oh Boy! An Infomercial! For only 39.95% Taxes you too can Vote for Billy Mays Obama and have him scrub your 401K so clean you can eat off it! Ka-BOOM! If he doesn't get into the office soon, there won't be any of my 401k left over from GW and his crew! |
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Post by danf on Oct 29, 2008 19:30:47 GMT -5
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Post by lugnutz on Oct 29, 2008 19:42:40 GMT -5
So your suggesting the businesses are going to layoff because of who is in office? Hogwash, the current economy is the reason companies are laying off. I can see why companies would want MCcain as president, MCcain will fullly support the rich, regardless if they want to keep their business here on in another country. Look at the Auto industry, the big 3 moved jobs across the border, then ships there product back into the states without paying extremely high tariffs like they should be paying. Now that the economy has went to crap, they lay off AMERICAN workers and keep their foreign plants at full throttle, not laying off anyone. I'm sick and tired of our leaders supporting billionairs like those. BTW, the Japs have not layed anyone off in the United States. I suppose we need to rely on foreign based companies to support the working class. |
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Post by Old Ironsights on Oct 29, 2008 20:00:56 GMT -5
The credit market is where it is because of the actions of Barny Frank & others who insisted in forcing banks to accept loans from unscruplious mortgage brokers & uncreditworthy borrowers becaus not doing so was "racist". As for your 401K, perhaps you missed it but the current Democrat plan is to have the government roll your 401K into the bankrupt Social Security system and make all future "contributions" max out at 5% with NO tax deduction and "growth" capped at 3% with a maximum $600 annual dividend/tax credit. Boy, that sounds like a good deal...  |
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Post by danf on Oct 29, 2008 20:00:51 GMT -5
I am NOT suggesting they will layoff due to WHO is in office. I am SAYING they will layoff due to the POLICIES of who is in office.
Obama will raise taxes, PLAIN AND SIMPLE. Not only on the working stiffs like you and I, but more importantly on businesses. Those businesses will do one of two things to counteract those taxes: they will either raise prices and hope the product/service is still bought, OR they will be forced to downsize to reduce the tax liability. It's ECON 101. Not too terribly hard to understand.
Another thing that Obama wants to do is require EVERY business to offer health insurance. For the company I work for, it's simply not possible to do that. *I* may be out of a job if Hussien gets in office due to his policies.
This is far from a rich man/poor man election. This is about seeing the forest for the trees. You've gotta look through the retoric (yes, from both parties), but you've also gotta look at what their past has shown them capable of. I'll let you figure out where I'm going there................
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Post by Woody Williams on Oct 29, 2008 20:06:12 GMT -5
AH! Gee,...man I amissed it. Did anyone Tivo it?  I've had more than enough of that arrogant you know what.... |
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Post by lugnutz on Oct 29, 2008 20:24:58 GMT -5
Danf, correct me if i'm incorrect (probably will be), i'm not sure who you work for, but won't they be able to offer medical coverage, if they elect to take the given tax brake that is offered in the Demo. package?
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Post by Old Ironsights on Oct 29, 2008 20:25:10 GMT -5
....As for your 401K, perhaps you missed it but the current Democrat plan is to have the government roll your 401K into the bankrupt Social Security system and make all future "contributions" max out at 5% with NO tax deduction and "growth" capped at 3% with a maximum $600 annual dividend/tax credit. Boy, that sounds like a good deal... Found the cite: ------------------------------------------------------------------------------ What we want to do, we want to take your 401(k) at its August level, before the crash. We'll give you that equivalent and put it in your Social Security account, essentially, and we're going to invest that money that we take from your retirement account, your 401(k), at its August level. We're going to buy government bonds with it, which will guarantee you 3% -- and then we will require that you put 5% of your pay into your 401(k) although it's not yours anymore. The government owns it. They will manage it. They will take care of it, and then when your retirement day comes you'll get your Social Security check and part of your check will be whatever your 401(k) monthly payout is, after 3% of growth every year under the stewardship of the government. Instead of the deduction coming from your tax rate, I proposed that we just transfer the deduction to a credit so that everybody gets $600. So I'm not taking away the tax break. I'm actually, um, giving everybody a flat amount so that it's more equal. And what's amazing about this is that it's actually, um, doesn't cost the government anybody. (sic) I'm just rearranging the tax breaks that are available now for 401(k)s and spreading -- spreading the wealth. -------------------------------------------------------------------------------- (Sources: www.usnews.com/blogs/capital-commerce/2008/10/23/would-obama-dems-kill-401k-plans.htmlonline.wsj.com/article/SB122477680834462659.htmlTranscript: Teresa Ghilarducci on Kirby Miller, Seattle) |
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Post by lugnutz on Oct 29, 2008 20:30:26 GMT -5
Sorry but i lost respect for MCcain when he chose Palin as a running mate. Governor to VP.. The ONLY reason he chose Palin as a running mate was to attract attention. Could you imagine Mitch Daniels as our VP, especially with the condition our country is currently in? What a joke!
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Post by Decatur on Oct 29, 2008 20:31:32 GMT -5
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Post by raporter on Oct 29, 2008 20:33:03 GMT -5
The economy was doing quite well till Reed and Pelosi took charge.
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Post by danf on Oct 29, 2008 20:33:22 GMT -5
Don't see what the problem with a governer to VP is..... Mitch would make a fine VP, or even Prez. He's been in Washington and knows his way around...........
Now, back to the health insurance. You mean the $3k tax break? You've got to be kidding............
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Post by lugnutz on Oct 29, 2008 20:33:25 GMT -5
Hey OI, what you said may be true. But i wouldn't consistantly believe what i read from BLOGS! |
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Post by danf on Oct 29, 2008 20:36:47 GMT -5
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Post by lugnutz on Oct 29, 2008 20:50:03 GMT -5
Don't see what the problem with a governer to VP is..... Mitch would make a fine VP, or even Prez. He's been in Washington and knows his way around........... Now, back to the health insurance. You mean the $3k tax break? You've got to be kidding............ Sry but i don't have a clue how much the tax break is. I'm not rich enough to have my own business, more/less have the assets to hire employee's. I've never worked for a small business such as yourself, but i would think that since they don't offer the benefit of med. ins. they pay their employees more? I could see your point of interest, and i'm sure i'd feel the same way if i were in your boat. But the facts are that small businesses are a thing of the past, like it or not, mom and pop shops, small machine shops are declining every year, you can thank all of us consumers for that. We no longer need a convience store, with a super walmart down the street. Therefore, the small business man/employee only makes up a very small percent of the total population. Sad, i know. My parents have been in business together their entire lives, Owned a Tavern in Mackey, IN: Then a small, mom and pop shop in Posey Co. They barely make enough to pay for their RX drugs, they both are in their 70's and can't afford to retire due to rising medical costs. |
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Post by lugnutz on Oct 29, 2008 20:53:28 GMT -5
And if it's a bigger tax break than $3k (I'm not sure of the particulars and I hope I don't ever have to find out), the money to make up for the lost revenue of the health insurance break will have to come from somewhere- i.e.- HIGHER TAXES ELSEWHERE! Mandating health insurance coverage is a step towards nationalizing the healthcare system. A lot of people think that Canada has it great with thier nationalized system-but look how much they pay in taxes.......................................................... Well we know MCcain isn't going to raise the taxes on the wealthy, were do you suppose he's gonna get the money from for his spending ventures?  ? BTW a PM was sent! |
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