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Obama Speaks On The Economy And Taxing Millionaires
Earlier, we heard Santorum bidding a fond adieu to the public world, most likely forever, and now it is the turn of the president. Only he won't be resigning, but instead he will once again make the argument why the rich have to pay more in taxes, and why the The Crony Capitalist Cramdown, pardon the Buffet Rule, should be enacted for everyone and why Congress must pass it. We can only wish that the president dedicated as much time and energy to getting America a budget (it still does not have one) as he does to delineating various class distinctions. Today's challenge, should anyone chose to accept it: take a shot every time the TOTUS says "fair" and any variation thereof.
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DEFINE rich?
He means that anyone that actually pays taxes doesn't pay enough taxes because anyone that pays taxes is "rich."
+1 that iis EXACTLY what he meant....us taxpayers are screwed
Fuck you. I'm so sick of people like you who hate your position in life and have to blame others. The 1% pay 39% of the taxes.
Get a life and stop feeling sorry for yourself.
You sure about that? If so, you can lead by example and pay this mythical 90% income tax everyone was so excited about at the time.
It's not only about ordinary income tax.
http://www.freeimagehosting.net/newuploads/vzx7w.jpg
I have to admit that my year numbers were a little bit skewed, but in general taxes paid went down in average since Reaganomics, now taking off again.
Not really. Very few people paid the top rate in those days.
I will welcome a correction with data to back it up, as I am just going from memory.
I agree, it's worse:
http://www.freeimagehosting.net/newuploads/vzx7w.jpg
Mythical diatribe. One can talk about Top Rates when the key is the % of population incurring the tax.
From 1913 until 1941 around 5% of the populus was hit with the Excise Tax on Income. They were the privileged class then just as today benefitting from legislated activity under the jurisdiction of the General Government.
What happend in '41 besides the War. A grand opportunity it was and it certainly didn't go to waste; well, actually it does with parallel paths to its kin, Uncle Fraud and Aunt abuse.
Can't wait for the word cloud on this one...
That damn podium better have some rolls of toilet paper under it. He's gonna need it to wipe up after pumping that much shit out of his mouth. And look at the dumbasses behind him....'duuuh hey! I got an idea...let's all take pictures of the back of his head!!!' FUCKTARDS!
Notice all the losers in back of Chalky. You go to see the Prez and you put on a pair of jeans and a T-shirt? Any wonder Amerika is so fucked up?
http://vegasxau.blogspot.com
Who would bother getting dressed up for him?
Cheap votes hunter :(( once back IN he won't charge a dime in taxes more then "agreed upon"! Remember when we once said ZeroDamus is the "lesser" eveil...compared to GWB!?!?! Does any one think MitziRompey is the lesser eveil now?!?!...we're fucked!
Comrade Obuma continues to push socialism while denoucing the very principals that this country was founded upon...Liberty...and yet the crowd cheers...How pathetic.
Well in their defense they were probably all paid to cheer him.
Wait till they graduate(?) and can't find a job.
The Obama Administration - we measure success one food stamp at a time.
(Appologies to Daen Witter).
America: the land where college graduates flip burgers at McDonalds
http://finchsworld.com/pictures/i-love-collage
Maybe she likes to cut out stuff from the news paper and glue it on a blank paper? Thats called "collage", isn´t it?
And every million and billion he receive in donations won't be tax deductable ANYMORE!!!
All lobyists will see their wages taxed by 99%!!!!!!
The Buffett rule is for sissies. What we need is the Eisenhower rule, raising the top marginal rate to 90%.
Fuck off statist. 49% pay no federal income taxes. Fuck off.
Taxes are merely to keep you two fighting each other.
The inflation skim is where the real money is at.
pods
When I stroke a big ass check in a week, I won't see it as merely a ploy to divide. The fuckers take and take and take. Sure an ulterior motivation of taxes is to divide the population, but pods the tax system is used to fund their bullshit spending.
Inflation .... I totally agree with you.
The Federal Reserve is used to fund their system. The tax system is a safety valve on the system so debt creation can be kept under control.
I know it sucks to pay taxes. But in reality, income taxes (the topic) fund very little of the government. They only funnel your energy to a new candidate every couple of years.
Just don't get swept up in the rhetoric. Class warfare works really well. And every couple of years a new fresh face comes with flowers, wanting you to take them back and telling you that things will be better.
Wash, rinse, repeat.
pods
Hats off to someone who understands what is going on. The income tax is for control and manipulation.
Bernank could print enough to cover tax receipts on a slow afternoon.
+ Millions.
Yep, debt/money printing via the FED is the true "stealth" wealth tax!
Were't we supposed to get over "Fair" in or around 4th grade? What audience does this guy play to?
Hold tight to your wallet.
No shit! I thought "Fair" ended with kindergarten. The only place an adult will see "Fair" is in a dictionary...
Did he just say "You might become the next Steve Jobs or Mark Zuckerberg" as a rationale for funding universty educations?? Has Osama been living under a rock?
This just gets better and better. "The money has to come from somewhere!" he says. WOW. Mind = Boggled.
didnt mark zuckerberg and steve jobs both dropout?
Those kids are cheering their college loans.
DUH.
Put a mustache on that man.
stupid ass lemmings lol
More like stupid ass people, the poor lemmings were pushed over the cliff by stupid ass humans in the "documentary" White Wilderness.
That motherfucker is ousted in 2012.
The world has had enough of bullshit-Barrack.
yeah like the empty suit Romney will be any better. We are damned either way. Its hard to say but romney is even worse.
That's what Obama love's to hear!
At least with Obama in office the repubs will dig in and fight if for no other reason then he is the other party and lock things up to some degree, with Romney they will back the same crap in the name of party unity.
I fail to see how a guy who put his entire term on the credit card in Massachusetts and rocketed state debt upwards, signed an "assault weapons" ban for his state and developed the blueprint for Obamas health initiative is any better.
Right. First election, he was the Messiah to so many people. It blew my mind to see the flag wavers think that this guy showed up in the nick of time to save them from... what? Nothing, since nothing has changed. All those lovely charts of exponential curves continue on course to THE END.
Now all Obama can hope for is Romney is painted as less qualified a president than even him. It will be a close, predetermined 'race'.
Election propaganda is very insidious, you don't even realise it's happening, that you're being sucked in, that your eyeballs momentarily lose all color and your skin turns puke green...
Resist that shit. I see nothing worth reelecting here. Or electing at all. It's all rigged anyway.
ah, dear original commenter, its NOT the president's job to create and pass the budget.
Clearly millionaires have suffered much more than the middle class during this recession and therefore need some more tax cuts.
Surely the government just needs more tax dollars and they'll be able to solve all of our woes. It's not like they are wasting our tax dollars or anything so I can't fathom why anyone is opposed to higher taxes - especially on those wealthy jerks that do nothing but sponge off of the tax payers.
Let's just tax the fuck out of everyone with a cent left in their pocket, the give the money to the government to squander on bullshit programs.
Wake. The. Fuck. Up.
"Folks don't seem to understand how America got built."
Um...America, from 1776 until 2012, was built on high taxes, no liberty, socialism, etc.? Man, this thing called the Constitution must be as fake as the great Comrade's birth certificate.
He will say "Fair" but he will not define the term.
Damn. Damn. Damn.
Why the Hell is CNBC carrying this nut job, every darned word of it.
Disgrace.
Why does financial media have to give equal time to political shills telling their Orwellian lies? Especially when they are so blatant and outrageous about it.
CNBC has a Mr. Sperling on bragging about how much the deficit will be reduced and how this is really 167 billion over ten years (and that is great not mentioning the annual deficits being 10 x that)...
God help us, Maria B. just tried to call him out.
That sniveling little cock smoke, too....much.....propaganda....make it stop.
Well he can't run on Hope and Change...
I said he was a liar when he ran 4 years ago. His "green economy", his "I will change NAFTA", etc. etc.
You could tell he was full of shit.
Now...after 4 years of sucking off Jeff Immelt, and re-upping Bush's tax cuts for the wealthy...he's going after the rich? Really?
Are people going to be dumb for term 2? Prolly.
Anyone that thinks Obama is a socialist is pretty inept. He may talk class warfare, but the dude eats lobster dinners with Buffet, Immelt and Dimon.
He is a statist. Any other labels don't mean anything.
You do know that most of the tax cuts went to the non-rich? I know the OWS un-showered gimme gimme everything for fucking free crowd hates to hear that, but I really don't care.
Exactly.
I'm sorry, but HOW FUCKING DUMB ARE THESE STUPID ASS AMERICAN SHEEPLE?! Comrade fucking Obuma has literally shredded the Constitution and you stupid ass mother fuckers are still cheering the guy like he's the second coming of Christ?
I'm proud to be an American, but ashamed of the 99 percent of the idiots in this country that get to call themselves Americans when they don't understand a goddamn thing about this country or the bankster fucks that are running it.
It makes me ill to watch him knowing what we know....I wish someone would throw something at him.
A wet sack of dogshit would be nice.
The 1% pays no tax, http://youtu.be/UXKak8AzBpg
The 1% pay 39% of taxes you fucking drooling idiot.
Get a life and stop blaming others for fucking off and ending up where you are.
I would love to see a Ron Paul supporter stand up and ask Comrade Obuma about RP's plan to cut $1 trillion year one...I think he'd have a heart attack.
We should be expanding our investment in clean energy!!!! yeahhhhhhh!
Solyndra? Volt? Hahahahhaha! Keeping digging you f00king retard
http://capital3x.com/think-tank/finally/ Finally its upon us
Are the sheeple really cheering the 1st family living the high life at the expense of the US taxpayer?
Priceless: "Taxcuts for people like me, who don´t need them and didn´t ask for them"
This has a price however: "We should expand investment in clean energy!" Pssst...Solyndra, how did that work out?
I´ve been listening to this for ten minutes plus and he hasn´t said "fair" once so now I´m turning him off and drinking anyway.
Moochelle, Malia, Sasha and Barry are doing fine. It's just the rest of us who are fucked.
zero hedge did a great run down on the buffet rule.... 4 months of deficit plugging over 10 years. too bad Obama isn't serious about budgets.
http://www.zerohedge.com/news/obamas-millionaire-tax-collected-over-next-ten-years-will-plug-4-months-worth-deficit
Great graph of it.
http://www.politicalmathblog.com/?p=1731
Hmm...How about giving tax breaks to EVERYONE you fucking twit. And no, giving people tax breaks isn't "spending money." Taking less money in taxes means STEALING LESS from the taxpayer you fucking moron.
He did math...lol! Best line so far! phucking fool. This man is nothing but a vote buying pandering @sshole bitch.
While Obama the likable speaks, he secretly is saying to himself: "What a bunch of empty headed dumb shits in this audience. My own sainted grandmother wouldn't believe this CON I'm trying to pull off."
Let's see...confiscate more from the few that are doing better so everyone is doing worse. You have to admit this is equality as perverse as it may sound. POTUS talks about taxes as if the government is entiltled to as much of your hard earned money as they deem necessary to satisfy their voting block. All the people cheering over his handout message need to take a hard long look in the mirror....of course maybe they have!
America is going the way of the dodo.
I see this comment constantly (it's become a cottage industry apparently) but what is never noted is that when the 90% rule was in effect, the government's budget was about 12% of the GDP. We didn't have deficits that caused a downgrade. Individuals did not have massive personal and sovereign debt. AND there were few millionaires back then (thus making the whole subject moot).
THis speech is the height of immaturity. For a president to campaign to take other people's money for a budget he can't even produce is the height of hypocrisy. To BO, the purpose of the market is to "help" people in a community organizer way. So raise the taxes and get an extra (let's be generous) 300 billion a year (out of 1.3 trillion)
Great NLP brainwashing technics going on!
Here comes 2008 speech maknig Obama. He really had to hype it up towards the end.
Those kids just got Animal Farmed.
"Here in America we can take money from people who earn it and give it to you people who vote for me"...ain't America great?
The budget will not be completed until all the special interest monies are safely deposited in offshore accounts.
Come on guys! Its all ball bearings now!
George Washingtn to Clinton $5 Trillion 214 years
Bush $5 Trillion 8 years
Obama $6 Trillion in 4 years
very dangerous curve.
He can do it!
/
Hyperinflation = obummer
Pretty much every prez from Reagan on has doubled the debt during their time in office, its been standard practice for decades but BO may up the stakes by 25% or so by the end of a second term.
More drinking challenges? I woke up and sleptwalked and took a nice wiz on my girlfriends fancy purse. Whoops, and remember nothing. I guess I lost my street cred, what a shame. darn.... darn, darn.
And now to smash it hahahaha hands down.
http://youtu.be/9abYzI9ycjk
Comrade Maobama paying lip service to free market principles in true cargo cultist fasion while promising to hand out as much free government money as he possibly can to his campaign backers in the time that he has left. This guy would make Robert Mugabe blush in embarassment.
I just love how he has back to back conflicting sentences.
"We need to invest in clean energy and college."
"We need to cut the deficit."
Uh...How about you stop pouring taxpayer money into black holes like Solyndra? If you want to make college more affordable, how about you get the government the fuck out of the student loan business which is the #1 driver of inflated tuition costs?
When everyone is living in bamboo huts and buying oil and meat with ration stamps and the country is crippled with famine and pestillence they'll be saying the EXACT SAME SHIT.
You can't so much as spit on the sidewalk without hitting some police officer, firefighter, teacher or other useless government functionary. This country is a fucking JOKE. I guess I'll keep studying cantonese so my one day transition into being a houseboy for a wealthy Chinese family is relatively seemless.
"Folks" is his "comrades"...
YEAH thats it ObaMao! Go after the 'millionaires', see how that works out for you! Go for the class warfare now, rile up the blacks...you know its ALL youve got left! BTW now a millionaire is POOR in this country thanks to you! Fascist!
'... nation of people sitting on a couch waiting for their next government check' -Christie
Hey, Democrats resemble that remark! No pissing off the plantation damnit! The Democrat-Media Complex knows all, sees all...
Shit, who's knocking my door in?!
Gotta go! . . .
ARGH^%$#**(. Barf!
The Man of International Mystery.... Misery?
Barf!
Go away, demon!
Maria...Maria....Maria....Maria....
Who knew this boob, this little pussy, would be such a warmonger- literal, race, class, gender, you name it... prolly got a drone with your name on it, too
Actual TurboTax question:
"Did you have any losses from a fraudulent investment arrangement including so-called Ponzi schemes?"
You mean other than this one?
Obama is appealing to his far left base when he says this "tax the rich" stuff, but he knows that the independent vote is where he has to do well.
This tactic is also an Obama tool to channel the anger of the independents in the event that the economy doesn't do well. Will this work? Not sure.
So how well will Obama do with independents? Follow the market indexes - if the markets tank over the remainder of 2012, Obama will likely lose.
http://bullandbearmash.com/index/sp-500/weekly/
Global Debt Crisis
The greatest private fraud of human history.
Who are the great fraudsters who are becoming the murderers of the human kind? How does the economy "illness" threaten Democracy and the freedom of people?
http://eamb-ydrohoos.blogspot.com/2012/01/global-debt-crisis.html
---------------------------------
By knowing what happened in indebted Greece, where loan sharks created “bubbles” and the current inhuman debt, one can understand the inhuman plan in total ...understand where this plan started just to bring all states at the same end ...understand how this type of plans are established...
Authored by PANAGIOTIS TRAIANOU
its so sad , that is funny........ we know the Obama campaign was going to use class warfare , as he has nothing else and still the republicans go and find the RICHEST motherfucker they could find to run against Obama......none of the above, is the only possible vote
...Rosemary's Baby and Chairsatan get votes from people going straight to hell.
Obama is busting out his checkbook to help pay the debt down, right?
An
emergency room physician told me that a woman in
her late 20's came to the ER today with her
8thpregnancy.
She told
the first doctor she saw: "My Mama told me that
I am the
breadwinner for the family." He asked
her to explain. She said that she can make
babies, and babies get money from the State for
the family. It goes like this:
The Grandma calls the Department of Child &
Family Services, and states that the unemployed
daughter is not capable of caring for all of her
kids.
DCFS agrees, and tells her the
children will need
to go into foster care.
The Grandma then
volunteers to be the foster
parent, and receives a check for
$1500 per child each month in
Illinois.
Total yearly income:
$144,000
tax-free and nobody
has to go to work!
In
fact, they get more if there is
no
husband/father/man in the home!
Not
to mention free healthcare (Medicaid), plus a
monthly card entitling them to free groceries
and a voucher for 250 free Obamaphone minutes
each month. This does not include WIC and other
welfare benefits...that they are "entitled" to.
Indeed, Grandma
was correct that her fertile daughter is the
"breadwinner" for the family.
This is how the liberal
politicians spend our tax dollars. When this
generous program was invented in the '60s, the
Great Society architects forgot to craft
an end date...
and now we are hopelessly
overrun with people who vote only for those who
will continue to keep them on the dole....
No wonder our country is broke!
Worse, the Muslims have been paying attention, and by mandating that each Muslim family have eleven children, they will soon replace the voting bloc above and can be running this country within 25 years. Read the above again, until it sinks in, and then ask yourself if your Children, Grandchildren, and Great Grandchildren will survive these severe changes to America!!!
Are You alarmed yet? Is anybody listening?
Is this a GREATCOUNTRY or
what...?
Don't forget to pay your
taxes!
There
are a lot of "breadwinners"
depending on
you!
If this is true I am extremely sickened. Seems like there is always a loophole for these lazy fuckers to cheat the system. Like Michele Obama said it was the first time she was proud to be an American. I think I will never acheive this feeling in my lifetime. I am proud of my ancestors and what they accomplished, but the current government disgusts me beyond belief. My ancestors were one of the first to come over because they didn't like where they lived. It is coming time to leave what we built and start a new civilization.
Fair?
What is this "fair" of which you speak?
I know it not...
Albert Einstein defined insanity as doing the same thing over and over and expecting a different results. Keeping this definition in mind while comparitively analyzing the election cycles for the past 60 years leads me to the conclusion that most Americans are insane!
What we have here is another prime example of the famine of leadership at every level in this, our great country. This mamby-pamby punk ought to be run out on a rail. He couldn't lead a girlscout troop much less the greatest country in the world. Unless we mean lead it into bankruptcy, ruin, and slavery. I really don't know why anyone is surprised. We we screaming at the top of our lungs while he was campaigning that he was a third world grass-hut-child who had everything given to him, has lived off the public tit his entire life, never had a real job, and is about as American as Kim Jon Il. This mental midget has never had an original thought his entire life and only knows how to parrot the regurgitated marxist bs that has proven WRONG over and over again in the past. I would like someone to shut that senile old bastard, Warren Buffet, up as well. I am so sick of people who got lucky trying to tell the rest of us how to live. Let that old SOB give up his billions for the next five years and come live in my world and we would see his tune change. Both of these guys make me want to vomit my guts out.
More class envy and division. Don't you love how he can say we tried this for the last eight years and it hasn't worked.
First of all does that not include your four years? Secondly, free market capitalism has worked in this country for over 200 years and only fails when we don't adhear to the discipline of clearing out the mistakes with bankruptcy. Paying off your friends and campaign contributors with favors wasn't included either with free market capitalism. Those are your mistakes and you sir are responsible for the poor results we now see in our economy.
I finally read a post that made me come out of the shadows.
I first want to say Zerohedge was the website that launched me on a path to understand how money, credit and the markets REALLY operate. Sold our house, not a penny of debt and free as a bird. I'm grateful for that.
Now to the following post:
"""Yes I did, apparently you are in CYA mode. I understand that too.
If you truly were interested in exposing hypocrisy you would used a wider variety of examples on a wider range of subjects. God knows there are enought.
Instead you want to target them rapin niggers, and in one case them ass raping niggers cause we all know they just can't control them big ole dicks. Hell them giant dicks probably take too much blood from the brain leaving them with only instinctual rape mode to go on.
You are transparent, like glass.""""
Gully, If you can't comprehend that a MSM press corp cannot cover a story so outrageous as an 11-year old girl getting gang-raped only because it doesn't fit some putrid narrative for those progressive scumbags.....then I have to say you are the fucking problem in America today.
It is more importantfor you to have the 'diversity' meme covered that to accurately depict how unsafe America is.
To you, votes and diversity are more important than an 11-year old.
Fucking pathetic.
In the top of the little Comments window, is a selection of icons for formating text. just in front of the html one is speech-quotes. Just highlight the text you want to quote, click on it, and ta-daa:
Obamas plan will take care of a whole 10 days of deficit spending. What about the other 360 days where they blow 5 billion a day. The poor people will eat this all up. Lawyers are such good liars.
Obama Conspiracy Leaked - he is going to put LSD into the glue on food stamps.
I'm not sitting thru 2 commercials, moron.
Obama has such a big mouth I bet he could go all the way down on a horse