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The Slick Lies Of Obama's "Robin Hood" Economy (In 2 Awkward Cartoons)
Take from the 'redefined rich' and give to the who again?
While they sum up the reality perfectly, Martin Armstrong delves a little deeper into the slick lies...
What everyone heard at Obama’s State of the Union was how he wanted to tax the rich and prevent them from leaving their children the spoils of their life. They also were duped into believing that he wants to help the Middle Class and make college FREE. What they did not hear is his desire to wipe out the Middle Class with a tremendous tax burden.
The Middle Class family has been able to save money for their children up to $300,000 under the tax-exempt 529 savings program for education. They are allowed to save $14,000 a year where the profits are tax-free. About 47% of families that had the 529 plan earned more than $150,000 per year in HOUSEHOLD income. Obviously, we are not talking about the “rich” here. So how does Obama get to raise taxes on the Middle Class? First you keep lowering the definition since everyone assumes the “rich” must be someone earning more than they do. Obama also tells them he is raising taxes on the “rich” creating a clever and slick diversion or distraction with a promise it is for the benefit of the Middle Class to give them FREE college for two years.
The tax-code that benefits the “rich” you hear about so much is capital gains – not income but investment income. This is what creates jobs that Obama wants to tax so desperately at the normal rates. The tax legislation passed at the start of 2013 permanently extended the George W. Bush-era tax cuts for most people but also added a top marginal tax rate of 39.6% for those at higher incomes — $400,000 for single filers, $450,000 for married couples filing jointly and $425,000 for heads of household.
Obama’s slick distraction is going after capital gains saying (1) he is raising taxes on the “rich” for the benefit of the Middle Class and (2) he will close the loopholes for the “rich” that allows them to leave wealth to their children. First, anyone who invests money is what he calls the “rich” compared to his definition of “real” Americans who depend 100% on government to rob from everyone else to hand those spoils to them.
What Obama has pulled off is very clever. Promising “FREE” college for everyone is only for 2 years and this is to replace the 529 program so he can now grab what people have saved for their children’s education. Saving for a 4 year educate plus medical or law school will no longer be tax free. Obviously, a 4 year education is for the “rich” to be paid for AFTER taxes.
The “FREE” education is a local community college – not a university of your choice. Already, about 40% of community college students’ tuition is covered by federal and state aid. So he is cleverly taxing savings while attributing this to a benefit to be funded by the “rich” now. It is the other expenses (food, transportation, books, etc.) that are often the insurmountable hurdles that the savings in a 529 helped to pay for not to mention room and board. Additionally, in 2003, only 25% of students attending community college graduated. They have a rather poor track-record for education. Obama is NOT offering FREE college, he is only offering 2 years free so he can grab what people have saved all their years. This is very slick.
Obama will then create a real change in education. Anyone looking to get accepted to a university outside of where he lives will now have to earn every penny AFTER taxes and 4 years+ is now all funded AFTER tax.. This is a slick way to wipe out savings for Middle Class families with HOUSEHOLD income well below $250,000, which will be the vast majority. This is not a tax break, this is a substantial TAX INCREASE on the Middle Class. The definition of the “rich” keeps coming down. It was $5 million and now with his repeal of 529, it is down to HOUSEHOLD income of $150,000. Soon he will include in that HOUSEHOLD income approach everyone living in your house – not just the parents.
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sorry, but "slick" has already been copywrited by a previous dem pres.
maybe "oily?"
Then drop the L
Men in Tights! [sums up his legacy]
Perhaps Robin Hoodie would be more appropos.
He brought with him military advisors who are 'skilled' in the art of WAR!
https://www.youtube.com/watch?v=-hU4bwFutNw
Better titled "Robbing Hood Passing Himself off as William Tell".
When the cockfeather comes off upon release, your arrow veers left. Obama lost more than one cockfeather
Reggie needed them to tickle his ass up before going full throttle
He shoots off of his hand, not the shelf. I think he's had more than one feather come off and pearce the top of his hand.
A Kenyan African imported into America, as an experiment to see if he can run the role of reading from TOTUS.
Yeah, but he couldn't keep his slick in his pants.
Guessing I am fortunate my step son one of those takers and I hever had kids I sa this shit comming and instead of my stepson listen he listened to the school system and turned out to be a looser in our terms but his generation laughs at us and has some kinda plan. I dont get it buyt the mountains are calling my name I dont want to be here to see this all come apart. All that can be said they won game over cause the republicans are spineless at best in on it if I am correct
Not replying to that mess. Oops, I guess I did.
Bottoms up bxtch
Slimy
I turn off the sound when Obozo speaks as I don't like hearing constant lies.
And his gaps in his speech are not presidential., just *"&£&*%$& annoying!!!
Those gaps are so the milennials can keep up and know that he dosnt mean what they are making him read
winermute
That is called NLP and Obama has the entire country under a hypnotic trance. It is very real and true.
Television and the Third Reich, Obama gay loving, buttfucking style conditioned TV programming for the masses.
We can hear him now, I didn't build that. /LOL
What you've actually got is a garbage 'culture?' courtesy of Fox News, McDumber, Rush Limbaugh and his ilk. Obama didn't create the pigsty, he inherited it, on down the years you voted for it, 'cos you were happy to have your votes bought and paid for by corporate crooks. Don't take any notice of me, I'm just one of those European 'socialist/Commies' you're always whining about, a former working stiff leading a life of retirement you can only dream about.
Don't bother...3 week troll.
He's not going to do too well blowing Obama's horn on ZH, probably he could pick up a few bucks blowing his dick.
I just joined now (have been reading for years); I have a long history with this username at Daily Paul so I hope I'm not considered a troll.
It seems like an enhancement request would be to put the age of the user next to their name, when they comment.
And possibly a rating of some sort, perhaps just the total of up votes minus down votes. So if that rating is positive the community agrees with what they say; if it's negative, it may be something worth ignoring.
I recently read Richard Maybury's "Evaluating Books: What Would Thomas Jefferson Think About This?" (link below), and I have to say it greatly conicides with a rating system, especially when those ratings are easily accessible. This is an issue at the Daily Paul as well -- one needs to click on a user name in order to see their overall rating; only the rating for the specific post/comment being read is visible in the post/comment. Adding the overall rating I think would make it a more informative experience -- as well as being able to set a threshhold per user, both on the comment's rating as well as on the user's rating (similar to Slashdot).
The book is geared toward teachers, with many references to other books for the teachers to use for their students. Still, I enjoyed it. I really liked that one of his goals was to help teachers to teach their students to think, to be better able to evaluate new information coming into their brains, and whether it is acceptable or if it should be ignored. I loved that; it greatly aligned with the first book in his series, which discussed mental models. We create these without thinking about them; and when new data comes in that conflicts with the models, we generally reject the data rather than reject the model. So if they can input a statist model ASAP, then it will be more difficult for us to free their minds as they age.
They want to take -- government is criminals, according to Richard Maybury; originally there were productive groups, and non-productive groups. The latter would ride in, steal and plunder, and ride out. After a while they said "this riding is tiresome" and set up shop in the center of town. That's why they require us to call them "your highness" -- they know (or at least, intially they did, it's like the five monkey experiment) that they are actually low lifes, the criminal element, taking from us as we try to exist.
That's why government took over school. It's tougher to take when the victim knows both how to, and that they can and should, fight back.
http://www.amazon.com/Evaluating-Books-Guidelines-Consistent-Principles/...
I don't know, seems a little too involved for me and I have a natural distrust of group opinion so I may just have to pass. An " ignore" button maybe kinda nice though. But, being a microbiologist, my job entails finding a tiny parasite in masses of shit so ZH the way it is seems ok by me.
Miffed;-)
Yeah sure, "we" 'voted' for it. It is for sure a 'garbage' culture- can't fault you for that observation.
How long do you think your dream retirement will last once the oncoming generation completely checks out and the 'garbage culture' has to carry your stupid ass?
Have a cigar-
https://www.google.com/webhp?sourceid=chrome-instant&rlz=1CASMAE_enUS615...
When I can no longer walk a couple of miles a day, when I'm stricken with something fatal - as happens to us all - that will be the cosmic station master announcing the departure of the train and I will take my own life, something I made provision for a long time ago. Not for me lying in some hospital bed with tubes in orfices I didn't know I had, surounded by strangers. No, I'll notify my family, get some good food organised and in the time honoured Socratic tradition I'll down my cup of hemlock, except that it will be something much more potent than hemlock. When I can no longer take care of myself I will no longer be a man and my journey in this world will be over. Cigars really are no good for you BTW.
Why did you bother to post? What is it you wanted to contribute to the conversation?
He was just checking out his Win95 spellchecker.
Tyler, can't you institute some sort of minimum IQ to
b on the board? Wish I had last 10 seconds back.
There was originally. Had to be abandoned so the MSM could quote articles.
Bet your retirement fund is managed by some hedge fund and is long Greek bonds. We will see who is whining soon.
Following some detailed reading of intelligent analyses on ZH back in late 2014, I could see that there are people writing on here who know lots more than I do about high finance and the state of the world economy. In the first week of this month I instructed my broker to liquidate my investments and I'm now cash rich. On top of this I have a state pension which I paid into during a 55 year working life and which takes care iof all my needs; I also have small pensions from two companies I formerly worked for. As I own the house I live in, taken together with the foregoing, I don't give a tinkers cuss about hedge funds. I have no need of a spell checker as I had a first class education uop to the age of 16, followed by university in my mid 30's. These are the benefits of what most people in the US think of as socialism, but which the English and Europeans think of as civilisation. Now it's almost certain that the pound sterling is going to take a hit in the coming months, but since I have no debts and no stupid habits to support, I can carry on with my fishing, mountain walking, growing my own food and starting to enjoy the many cases of wine I've accumulated, many of which will reach their best around 2025. Whilst this is written on an Xperia Z 2, my industrial strength network PC runs a flavour of Linux. I'm no troll, I came on here to learn, and I'm learning, but when I read some of the foaming at the mouth ranting and mindless abuse on here, I feelk inspired, nay, obliged to draw attention to the intellectual deficits they represent.
Of course taxes are rising - we have an insurmountable debt problem.
Take from the 'redefined rich' and give to the who again?
Jamie Dimon, of course, the king of the welfare queens.
That's half the equation. There are two hogs at this trough. They don't get equal shares but there are two and those are the rich and the poor. Everyone here knows how the rich benefit from a favorable tax code to a rigged equities market, but nobody talks about the poor. The poor suppy the electorial muscle that keeps the rich in power, and for this they receive government benefits.
Everyone here knows how the rich benefit from a favorable tax code to a rigged equities market, but nobody talks about the poor. The poor suppy the electorial muscle that keeps the rich in power, and for this they receive government benefits.
This is a popular theory among some but is easily disproved - the electoral muscle remains the middle (though that is shrinking). Read into it whatever you want, but get the facts right.
http://voices.washingtonpost.com/ezra-klein/income_turnout_graph.png
http://thesocietypages.org/socimages/files/2012/08/2012-res-segregation-...
http://journalistsresource.org/wp-content/uploads/2014/11/Influence-of-U...
WHy do they need our taxes when they can simply print the money?
To make sure Jamie stays richer than you.
At first "the rich" was anyone making two fiddy and up, preposterous. Now he says its 500K a year. Before he leaves office it'll be where it should have been all along...a million.
So in essence he protected "the rich" by waging class warfare on the middle class, a tax false flag if you will.
Well done, you dick.
Born a CUNT, lived his life as a CUNT and will die a CUNT; Dat's Barry the miserable banker's barrow boy NeoCON fucking STOOGE.
Seattle -3.5 s/c
Yes, but he's cultured, educated, rich and has got some kind of future beyond his current day job. What you seem to mostly have is a lot of anger and resentment, none of which is marketable unless you up your game and develop an elegance of language which is distinctly lacking at this point in time. Can we have something of a more measured, more considered analytical approach please; I didn't sign up to ZH to deal with the rantings of redneck wombats. There used to be some well considered critiques on here.
Ok i'll walktheline. Choose your subject of preference and let's GO.
If you really consider this CUNT cultured though you're obviously living in a .GOV secured environment.
See various posts above and below. I simply live in a country where a few shreds of civilisation are still in evidence. I worked I paid into pension schemes, I invested and I stayed well clear of govt. in all it's squalid forms. What you seem unwilling to consider is that there are means other than 'the Amerikan way' and that they work rather well. I'm the beneficiary of a mixed economy, some socialism, some capitalism, a society where the state attempts to help people in need of a leg up, whereas you appear to live in a society where its dog eat dog and the devil take the hindmost. It's a great pity because Amerikans have a lot going for them in terms of energy goodwill and optimism, whereas a spirit of cooperation and compassion, rather than pseudo-Darwinian competition many of you espouse, would make you q happier and fairer society.
Clearly you are educated, now if they could only teach you to think. I gave you a down arrow anyway.
I logged in just to downvote this trolling Gobblesque tripe
I will ask you a second time, the things you are saying, why are you saying them? Why did you sign up? I can't figure it out.
There are a couple of posts I've already made which deal with that. However you've asked and I'll answer. Everyone with one eye open and half a brain engaged knows that politicians of all flavours are bad for the health of the body politic, yet people keep voting. I have lived my life on the principle of responsibility for oneself and ones acts, something that was reinforced by reading Castaneda back in the early 70's. There are people posting mindless abuse on here, people who are looking to blame someone else. It's not what I signed up to ZH for: I get off on things like graphs and data, thats why I'm here, tho' I have to confess that there are some real wits posting on here who make me howl with laughter, people who are witty and intelligent and entertaining. Because we come from such very different cultures there arises a cognitive dissonance, such that the interplay is often a dialogue of the deaf. BTW I never worked for any kind of govt. in my life.
You could always leave and go back to the democrap underground or the penis puffers post or some other neo-regressive site
Take that bag off your head and I'll show you why I joined fight club. Huff Poo is down the line.
Please tell me why Berry is rich and what he has done in this world to earn it?
You are kidding right? Cultured? Maybe marxist cultured in Bill Ayers living room. Educated? Still waiting to see the transcripts dude.... and rich? Ha Ha yeah it is called "nigga rich" and Ozero and mooseshell did not dissapoint!
Fuck off---- progressive obamatron assclown!Who gives a shit about what you signed up for?
Grimaldus
no new taxes bitchez har har
The definition of the rich has progressively declined not so much by definition of government but by the impoverishment of the masses and so few being land ownig Freemen and Women.
True that government has to widen its net to bring in more revenues, but there are fewer people taking care of themselves, more on the dole, and a greater need to tax the upper middle class of suburubia.
I think the slow encroaching was designed in from the beginning.
Initially only "the extremely rich" paid taxes, and thus it was acceptable "to the masses".
Then the Federal Reserve inflated, reducing the value of the "dollar" (it's not, a dollar is a measure of grams in silver, not a piece of paper; if I wrote "one basketball" on a piece of paper, you wouldn't be able to play ball with it) to about 3% of its original worth in the past hundred years.
So that original threshold of a large amount of Federal Reserve Notes got inflated such that now basically everyone is affected by this unconstitutional organization.
It has been my sneaking suspicion for the past few months that this was designed in from the beginning. I have no documents to prove this suspicion. I speculate that they exist...
What do you expect from someone whos mothers first name was Stanley.
Meet Stanley
https://nobarack08.wordpress.com/2011/04/15/the-obama-nativity-fable-exp...
I think your myths are a bit mixed up. It wasn't Robin Hood who shot apples off peoples head it was William Tell.
Perhaps that's why Robin Barry has "missed" every arrow???
Good pick up--gotta confess I missed it too. MIlestones
@LetThemEatRand :-P
It is said that [Robin Hood] fought against the looting rulers and returned the loot to those who had been robbed, but that is not the meaning of the legend which has survived. He is remembered, not as a champion of property, but as a champion of need, not as a defender of the robbed, but as a provider of the poor. He is held to be the first man who assumed a halo of virtue by practicing charity with wealth which he did not own, by giving away goods which he had not produced, by making others pay for the luxury of his pity. He is the man who became the symbol of the idea that need, not achievement, is the source of rights, that we don’t have to produce, only to want, that the earned does not belong to us, but the unearned does. He became a justification for every mediocrity who, unable to make his own living, has demanded the power to dispose of the property of his betters, by proclaiming his willingness to devote his life to his inferiors at the price of robbing his superiors. It is this foulest of creatures — the double-parasite who lives on the sores of the poor and the blood of the rich — whom men have come to regard as a moral ideal. And this has brought us to a world where the more a man produces, the closer he comes to the loss of all his rights, until, if his ability is great enough, he becomes a rightless creature delivered as prey to any claimant — while in order to be placed above rights, above principles, above morality, placed where anything is permitted to him, even plunder and murder, all a man has to do is be in need. Do you wonder why the world is collapsing around us? That is what I am fighting… Until men learn that of all human symbols, Robin Hood is the most immoral and the most contemptible, there will be no justice on earth and no way for mankind to survive.”
Not the way I heard it.
He was fighting corrupt government levying crushing taxes with the help of Friar Tuck - who was expelled by his order for his lack of respect for authority.
You end your post with a quote but do not begin it with one, nor is there attribution of a quote.
To turn Robin Hood into a modern day Al Sharpton is a stretch at best.
I don't know about your assessment, but it is certainly a different look and that in itself makes the comment a good one to me. Milestones
Looks like the quote is from Ayn Rand:
http://thatsawesome.blogspot.com/2004/10/robin-hood-is-evil.html
The quote is from Ayn Rand.
I always thought Robin Hood was to be seen as morally correct for not torturing other people, while taking from those who do torture their prisoners. Maybe it was just the movie, maybe its just me; torture sure seems more popular these days than I ever thought it would be...who Fing knows...
When the criminals of governmnet, their propagandists, and/or apologists mention the governmnet trying to bring, and/or restore jobs, I laugh.
The only way to restore prosperity is to stop the governmnet, and bankster, thieves, and end their thieving.
Much like the best solution to a tapeworm infection is to not to eat more, but kill the worms.
The banksters need to repay us.
The tax-code that benefits the “rich” you hear about so much is capital gains – not income but investment income. This is what creates jobs that Obama wants to tax so desperately at the normal rates.
The question is where does it create jobs? Why do you think an American is interested in creating manufacturing jobs in China ? Oh sure, there are some service industry jobs that are created in the U.S., but those pay little and are taken by illegal aliens. The investor class broke the contract, and now they won't be getting any electorial support.
The fact that you support taxation in any form is quite telling.
Your point, if you can call it that, is ill defined. Do you imagine that you won't be paying any taxes and still have a functioning civilization? What I do support is a national sales tax, but I would take a fair tax in it's stead. The progressive tax code is a tool that is being used to reward certain groups over other groups. It's an important tool of a corrupt government.
Obie's freeskool comes at the same time as the community colleges starting to offer four year degrees. I read this in the SJ Mercury the other day.
http://www.mercurynews.com/education/ci_27357494/two-bay-area-community-...
Community College is High Skool 2.0. First cheap, then free. Eventually mandatory?
As we continue the infantilization of our youth, yes, mandatory post secondard school only makes sense. This way there's no need to leave work early so you can supervise young 20 year old Jimmy's basement "activities."
I can tell you that for many CC students, it is the last chance to learn basic civilization skills - how to read, basic math, get to school/work on time, work with others. This is true for many, but not all, at the community college level. It strikes me as convenient that CC needs to pick up the slack for public schools, in a continuation of failed policies.
Just like Stalin and Mao.
FUCK YOU AND DIE BARRY!!!
If you want to encourage investment and git rid of a fair amount of the TBTF banks/HFT'/parasitic skimming etc., then eliminate capital gains tax on investments held over a year, but place a 90% tax on gains from "investments" held less than 24 hours....
Yes, we need good ideas. Those would help.
- Other news:
- Nation's wealthiest majority-black county has seen reversal of fortunes, bought homes in Prince George’s
- More black homeowners are underwater, PERCENT OF HOMEOWNERS WITH NEGATIVE EQUITY
And in the News:
- OBAMA HOUSE PARTY HORROR: 3 DEAD...
- GANG VIOLENCE IN HEARTLAND... S/
The dear leaders robbin' the hood' tax
no. people are looking at this all wrong, this is another give-away to his peeps.
where's all of Americas employment gains taking place, SERVICE INDUSTRIES.
the newly legal will get a free 2 yr. degree in nursing, dental-tech, plumbing, electrical, restaurant service or a hundred other degrees.
then jobs will go to, we already know, to the newly legal first, and anything having to do with medical services, (obama-care), will be govt. work, which will be unionized, (ala seiu).
this is why there's such a big push to unionize everything, seiu will be Americas work-force, we are eu..
what burns my ass is, now it's just middle-class, where as before it was always middle-class earner, with entitlements, you can have a middle-class life without working, or working part-time.
Jesus, all the fucking anger. Chill folks, and remember long nailguns. Market will be so fecal fun Monday....Go GREECE!
And Snowmagedone or what the fuck ever.
Fuck.
Community College Pres here getting a $762,000 severence. "Free" CC for everyone!!!
Why is a dumb black muslim from Kenya CiC
Natural BLues Moby.