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President Obama Blasts "Tax Inversions Are Wrong", Demands "Economic Patriotism" - Live Feed
The President is explaining 'the economy' to the people, but appears to be stuck one topic...
- *OBAMA SAYS CORPORATE INVERSIONS ARE `WRONG' EVEN IF LEGAL
- *OBAMA SAYS HE'S INTERESTED IN `ECONOMIC PATRIOTISM'
- *OBAMA: U.S. SHOULD REWARD COS. PAYING FAIR SHARE IN U.S.
Time for some retroactive executive actions...
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And my family asked me why I would invest in Peru!
That's why...
Why do you invest in Bitcoin?
PHUckING Bitcoin!!! YEAH!
Invest that shit!
He'll get his Pat-RIOT-ism, soon enough!
I love how the people who pay the vast majority of the taxes are continually attacked for, "Not paying their fair share".
Excellent observation.
+ a billion
It's the only thing I agree with Barry on. The only thing
Agreed. Im a libertarian as most here but we have to deal with reality and that reality is that the US goverment (and all the other ones) are enormous and must be fed with taxes. Small businesses pay a large %age in taxes to help finance this but i read all the time about GE, google, apple etc paying a very small %age in tax.
This is unfair regardless of the total amount, if not for any other reason then because it hurts competion and fair competition between companies large and small is crucial for our wellbeing i think.
http://www.youtube.com/watch?v=kl_m8khoJI0
Until I see congressmen starving to death while in office(there's some hope and change for ya), the government does not need more revenue.
From ANY source.
Monthly federal tax receipts are at an all time high. But there is no cutting back on spending whatsoever so the deficit grows and grows. You could finance a small nation on what we spend for domestic SWAT teams alone.
When you feed the swine, they get bigger and hungrier.
GE can afford lobbyist and lawyers, not to mention politicians. This is the reason that large businesses don't really object to large governments; they have a major competitive advantage over smaller businesses when it comes to dealing with the government.
No shit.
If the free shit army is hungry then obviously there is more to take.
Since the FSA is a huge majority. It's a win win for all but the working class.
Uh. Corporations pay about 10% of the tax revenue the U.S. Government collects. The rest comes from us suckers.
http://www.taxpolicycenter.org/briefing-book/background/numbers/revenue.cfm
And where pray, do you think that 10% comes from, you moron ?
As you don't get it , its from their customers, like you.You pay all the tax.
So where does the middle class, excluding gov employees get their money from?
What middle class? That virtually extinct one that has been just about tapped dry?
No, the one that is reestablishing itself thanks to our lower than the rest of the world corporate tax.
Stop smoking bath salts.
Might want to check your facts there sparkie, The US has some of the highest corporate tax rates, 15 to 35% just for Federal. Then you can add the State corporate tax rates on top of that. That is why companies are relocating their operations off shore like to the Caymen Islands - 0% corporate tax rate.....
I'm assuming that was sarcasm.
Wow, who knew Gene Simmons was a ZH poster.
Can you autograph my Double Platinum Live album?
I am still waiting on the definition of "fair share".
That's when you pay instead of me.
whoever coined the little phrase, 'their fair share'. that was brilliant. the assonance just rolls off the tongue. i didn't like it, but had to admit it was catchy for the consumption of hairlips.
Wouldn't it be great if we could vote for 'None of the Above'?
If wish people understood the importance of politics, truth is the Gov you have is more dangerous to your wealth and life than any economic collapse.
Economic patriotism = Don't pay income tax
Don't ever pay taxes again under Satoshi's Red Sun.
come now, the bankers and the MIC need YOUR money to kill kill kill. be a good serf and get to work.
The MIC cannot ride this virtual gh0at.
(Stay under the radar then..., mix them coins, buy a used laptop for cash at the pawnshop (and don't use it where you use your others), LOTS of wallets, etc.)
Think like a spy...
Perhaps we can get Putin to accept an Obama inversion?
90's Child
Diversification. Bitcoin is well under 1% of what I own. It seems robust, we'll see. Bitcoin is not run by Obama either...
75% in Bitcoin and 25% in copper coins for safety.
Well at least the BTC don't weigh much...
52100 steel bearings are our base metal of choice!
52100 rockwell?
Can they be formed into penetrators for armor piercing bullets?
52100 is the grade of steel (approx 1% C and 1% Cr, it is a fairly hard steel, but will corrode), but we are now treading on ground I do not know much about... *
* Do I ever let that stop me?
***
Armor pierrcing bullets? If they would build VERY strong cartridges and put in very powerful propellant, than TUNGSTEN bullets would be my choice
Economic patriotism is code for confiscation. It's like we live in Venezuela or Nazi Germany. Unbelievable.
Yes, ominous parallels...
Indeed, they will use that phrase when they convert your 401k into a Myra account.
Just getting the sheeple used to it before they turn it onto them as a weapon.
Its only fair to the children, that we have economic patriotism.
Catchy heh ?
Capital controls by the back door with FACTA for individuals.
Now they are going for corporate monies. legislsation or EO next.
Uncle Scam is going to steal everything, given time, from its citizens.Its survival
is far more important than yours.2 bn hollowpoints , say I'm right.
+ moar 9mm hollow points
Not exactly raymond.
All companies should pay the same % tax. Some of the huge US corporations have became insanly good at avoiding just that and thus places a larger burden on the corporations and people who do pay their taxes without abusing every loophole.
Socialism is redistribution of wealth which is almost always wrong. Everyone paying the same is fairness. I think.
Good point. Control the terms of debate and you control the debate.
If you evade paying any taxes, bloodsucking parasites like Obuttfuck wouldn'texist. Do the right thing sheeple
LOL at economic patrotism. What about he guts the banks and hangs Bernanke, Geithner, Yellen and a bunch of other Keynesians POS? That's economic patrotism.
Sounds about right.
How about that Goldman's thief Jon Corzine? Oh that's right, Obamination is calling him asking him what to do. Then they use taxpayer money to bailout the banksters' bad casino bets. Fuck Obama and his economic patriotism.
"The president and I weren't back there blaming Jon Corzine then, you know what we were doing? We were on the phone calling Jon Corzine, literally, I literally picked up the phone and called Jon Corzine and said Jon what do you think we should do?"
http://www.youtube.com/watch?v=xm3VMrKqJSA
my screen says "just concluded"
Probably a good thing. As someone watches Obama their number of functional brain cells drops precipitously
It's easier to read things that are insane than listen to them. We can read much faster than he can talk so why waste time listening to him. It may even help avoid the spin; think NLP.
Economic patriotism!
Bwahahahahaha!
You gotta be fuckin kidding me!
Patriotism is the last refuge of a scoundrel- S. Johnson.
I dare you. I double dare you motherfucker! - S.L. Jackson.
https://m.youtube.com/watch?v=1ji1-BqaLaE#
S. L. Jackson beer... Courtesy of Dave Chappelle.
someone whould explain to Barry, an inversion is like when your in a tight 69 position with Reggie, it's mutually beneficial ...
What a grotesque expression. It's straight out of "Atlas Shrugged".
Huh?
Obummer ain't no Keynesian; he's an American!
I wouldnt mind paying taxes if it didnt go to bullshit.
When you wrote that, did it sound in your head like you really meant to say, "I wouldnt mind eating shit if it didnt go in my mouth?"
Logically, they're the same sentence.
Cmon Raymond. There is such a thing as "public good" such as motorways and a national DEFENSE army for example.
We need to pay taxes for such things.
I obviously don´t agree with the current setup in the western world were half your income is confiscated to pay for all the silly "projects" and votebuying giveaways goverments are doing today.
lame duck rhetoric
Economic Patriotism = hide your wealth...pronto
ECONOMIC PATRIOTISM'
equals “stay here and pay punitive taxes to cover our ruinous spending habit”Forget her other works for the moment. Sometimes Ayn Rands "Atlas Shrugged' is spot on.
Yeah, like anybody should listen to Barry, the FUCKING DOPE.
That made me laugh out loud.
Patriotism = seizure (like the draft).
Of rather spend it on Booz and women piss away the rest
Patriotism... The last refuge of every con artist elected into office.
"Fair" is the most used word of a Tyrant, because only she gets to decide what is fair. The best any government can promise is justice by demanding the law is applied equally to all. Obama gets more dangerous as he gets more desperate.
"Justice", too. It implies a crime has happened, we're the victims, and the speaker is the Hero to save us from further harm.
CAPITAL CONTROLS
-- Loan money to foreigners (think this one through)
-- Bitcoin
-- Gold
Get started!
I like the "economic patriotism" concept, politically. Next election one of the parties should have a slogan like: Country First Tax Corporations.
It could be a winner.
Country First. End The Fed.
Corporations never pay taxes. Think about it. Corporations are taxed for at least two reasons: to hide how much the people are actually paying and social engineering by favoring a business or type of business over another.
When Obama speaks like this, I get a tingle down my leg. It is my spider sense telling me to run like Hell.
Oh. In my case I thought it was my 58 year old prostate...
Tingle, not tinkle, Do Chen.
Still a little damp from when last I LOL'd...
another day
more barmy late start tv video shows.
another day
more unkle tom foolishness
fuck you you failing mk software.
Wednesday, July 23, 2014 - 14:58
Recently, President Obama has been traveling around the country, trying to shift focus back onto the economy. We talked to him about that a few weeks ago, at the White House.
You may have noticed a refrain in some of the president’s most recent speeches. Here is an example from a speech he delivered in Denver: “That’s what makes this country great – a sense of common purpose and patriotism, an economic patriotism.”
President Obama may have cribbed that term from a speech by former Ohio Gov. Ted Strickland at the 2012 Democratic National Convention. He was talking about the Republican nominee for president, Mitt Romney.
“Mitt has so little economic patriotism that even his money needs a passport,” Strickland said. “It summers on the beaches of the Cayman Islands, and winters on the slopes of the Swiss Alps.”
Obama used the phrase in a TV ad soon after, and it became the title of the president’s economic plan. So, almost two years later, how does Strickland define “economic patriotism”?
Tim Geithner was UNpatriotic
Tim Geithner was patriotic
Forcing other people to pay higher taxes, while dodging them yourself.....as patriotic as Obama could get.
You dumb fuck. Exactly when was the last time in recorded history that somebody, motivated by patriotism, paid more taxes than their accountants told them they were legally obligated to?
Why don't you get rid of the loop holes, big guy?
Uncle Warren wants to, he said so, on TV..I saw it.
Why do I get the feeling that before the decade is out we will see a story about the Obamas sheltering money from their books and speeches income???
So are you going to give back all those campaign donations from companies that "inverted"? *crickets*
"Buy American !"
GM? Sacrifice your daughter when she goes over a speed bump and the ignition switch goes off and she has no power steering and brakes. But they are really sorry.
Politics is the fiction that circulating your paycheck through a collection of middle-men before you get it, will make it grow.
Campaigning is the art of telling both you and your neighbor that each will receive their neighbors wealth and getting both of them to believe it a profitable arrangement.
ECONOMIC PATRIOTISM
(Translation: GIMME YOUR WALLET!)
The main difference between a politician and a mugger is the price of their suits.
The horse already left the barn but election season's here so got to act like he cares. What a dirty world this can be at times.
That horse is across the meadow already.
A lot of the multinationals are already re-nogitiating their $ contracts in
currencies outside the dollar . If those reports are true, nothing ties them to
the US anymore, so why would they base here.
The water is receding way offshore , something really bad comes next.
When bankers and salesmen breed you end up with someone who can sell the world on the idea that money is a barbarous relic to be sold, and paper of arbitrary value is its inevitable replacement.
I'm thinking that employees of the Federal government everywhere should set the proper example here by eschewing all deductions from their federal income taxes.
Since under FACTA our wealth can't leave the plantation,
And under the State Dept we ourselves can't leave,
And by inflation our tax-debts have already grown to multiples of our earnings,
Will they tie us and our descendants to the land so that we may pay with our labor?
Hopefully someone will pass a message to Hayek in the Great Beyond:
"You were right."
"We have arrived."
#4 Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one's taxes.
Gregory v. Helvering, 69 F.2d 809, 810 (2d Cir. 1934) Judge Learned Hand
As opposed to Pesident Rosy Palm.
Also, if paying minimal taxes is unpatriotic, what is putting the country an extra 7 trillion in debt called?
Show your "Economic Patriotism" turn in your nutty 'Economic Terrorist" uncle hoarding gold.... and bullets; get a free I-Phone 17.
The Nobel Kenyan mensa choom dude got it wrong again! First yur suppose to TAX & then yur supposed to SPEND! Not the other way around ya' maroon!
+1 Itchy
However a small correction.
The Nobel Kenyan menstral choom dudette got it wrong again!
Businesses paying taxes, corporations or otherwise is flat out lie. The customer always pays business taxes because the tax liability is baked into the price of whatever good or service they are selling in almost all cases.
Unless you own the business like a small sole proprietorship where the revenue is your income business never pays taxes, it is passed onto the consumer like every cost to involved in producing a good or service. Incorporate yourself as a labor provider service and take advantage of the tax laws. It is not like they want to pay you healthcare benefits in this environment anyways. It gets around the Obamacare problem for hiring.
Summary
"Anyone who walks out of this re-education camp before I can finish closing the door is unpatriotic!"
The Kenyan's new rule: Yur supposed to pay tax to me on the stuff you didn't build! Or else!
Bitch, bitch, bitch...........this is all I hear. You wanna end this shit and shake this rat from you neck? STOP FEEDING THE FUCKING BEAST! I really don't see their gun toting thugs working for IOU's.
Make next April 15 a real independence day to remember. I bet more people talking like me will make the NSA nervous............hmmmm....maybe this is why the Homeland fags bought 2 billion rounds of ammo.
Who will be the hundreth monkey?
Corporate tax inversions: wrong
Allocating an extra helicopter for the B.O. family dog to fly to Martha's Vineyard at taxpayer expense: right