Comments on: Election 2008: Dawning of Democratic Convention Illuminates a Few Bright Spots For Investors http://moneymorning.com/2008/08/26/obamanomics/ Global Investment News Mon, 13 Feb 2012 18:41:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Surprise! Coal & Nuclear Power are Keys to Obama’s Energy Plan http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-9991 Surprise! Coal & Nuclear Power are Keys to Obama’s Energy Plan Tue, 22 Dec 2009 16:59:07 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-9991 [...] Obama has proposed an economy-wide cap-and-trade system to reduce carbon emissions by 80% by 2050.  His system – which would set an overall emissions limit, then require polluters to buy allowances at public auction – would increase electricity rates and discourage coal consumption in the U.S. market. President-elect Obama even has stated that any utilities building coal-fired plants could go bankrupt buying pollution allowances.  [...] [...] Obama has proposed an economy-wide cap-and-trade system to reduce carbon emissions by 80% by 2050.  His system – which would set an overall emissions limit, then require polluters to buy allowances at public auction – would increase electricity rates and discourage coal consumption in the U.S. market. President-elect Obama even has stated that any utilities building coal-fired plants could go bankrupt buying pollution allowances.  [...]

]]> By: Surprise! Coal & Nuclear Power are Keys to Obama’s Energy Plan http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1433 Surprise! Coal & Nuclear Power are Keys to Obama’s Energy Plan Fri, 12 Dec 2008 18:00:14 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1433 [...] Obama has proposed an economy-wide cap-and-trade system to reduce carbon emissions by 80% by 2050.  His system – which would set an overall emissions limit, then require polluters to buy allowances at public auction – would increase electricity rates and discourage coal consumption in the U.S. market. President-elect Obama even has stated that any utilities building coal-fired plants could go bankrupt buying pollution allowances.  [...] [...] Obama has proposed an economy-wide cap-and-trade system to reduce carbon emissions by 80% by 2050.  His system – which would set an overall emissions limit, then require polluters to buy allowances at public auction – would increase electricity rates and discourage coal consumption in the U.S. market. President-elect Obama even has stated that any utilities building coal-fired plants could go bankrupt buying pollution allowances.  [...]

]]> By: Jutia Group - Market Jitters & Political Critters http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1434 Jutia Group - Market Jitters & Political Critters Fri, 12 Dec 2008 17:47:23 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1434 [...] Obama has proposed an economy-wide cap-and-trade system to reduce carbon emissions by 80% by 2050.  His system – which would set an overall emissions limit, then require polluters to buy allowances at public auction – would increase electricity rates and discourage coal consumption in the U.S. market. President-elect Obama even has stated that any utilities building coal-fired plants could go bankrupt buying pollution allowances.  [...] [...] Obama has proposed an economy-wide cap-and-trade system to reduce carbon emissions by 80% by 2050.  His system – which would set an overall emissions limit, then require polluters to buy allowances at public auction – would increase electricity rates and discourage coal consumption in the U.S. market. President-elect Obama even has stated that any utilities building coal-fired plants could go bankrupt buying pollution allowances.  [...]

]]> By: Election 2008: Taking a Financial Flyer on the Race for the U.S. Presidency | Jutia Group http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1432 Election 2008: Taking a Financial Flyer on the Race for the U.S. Presidency | Jutia Group Wed, 15 Oct 2008 14:44:24 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1432 [...] Money Morning Election Series: Election 2008: Dawning of Democratic Convention Illuminates a Few Bright Spots For Investors. [...] [...] Money Morning Election Series: Election 2008: Dawning of Democratic Convention Illuminates a Few Bright Spots For Investors. [...]

]]> By: Election 2008: Who Will Get to Spend the $700 Billion? http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1431 Election 2008: Who Will Get to Spend the $700 Billion? Wed, 08 Oct 2008 09:00:50 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1431 [...] Money Morning Election Series: Election 2008: Dawning of Democratic Convention Illuminates a Few Bright Spots For Investors. [...] [...] Money Morning Election Series: Election 2008: Dawning of Democratic Convention Illuminates a Few Bright Spots For Investors. [...]

]]> By: Buy, Sell or Hold: Nucor Corp. http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1430 Buy, Sell or Hold: Nucor Corp. Mon, 08 Sep 2008 18:00:08 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1430 [...] taxes, since investors dread the possibility of having to pay much higher tax rates next year, should a Barack Obama administration take the White House in this November’s presidential [...] [...] taxes, since investors dread the possibility of having to pay much higher tax rates next year, should a Barack Obama administration take the White House in this November's presidential [...]

]]> By: Obama’s Tax Hikes Are Better Than a Bigger Budget Deficit http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1429 Obama’s Tax Hikes Are Better Than a Bigger Budget Deficit Fri, 05 Sep 2008 05:37:42 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1429 [...] Election 2008: Dawning of Democratic Convention Illuminates a Few Bright Spots For Investors addthis_url = [...] [...] Election 2008: Dawning of Democratic Convention Illuminates a Few Bright Spots For Investors addthis_url = [...]

]]> By: Ed http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1428 Ed Wed, 03 Sep 2008 14:52:38 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1428 The real question (hopefully we solve) is getting the right combination of government and private sector stimulus to get our economy chugging along at a healthier pace. Obviously Democrats favor government stimulus while Republicans favor private stimulus. I wish i knew the right mix to our current situation but i don't. One thing that is interesting that might be the real determining factor is religious ferver. The USA and South America were both explored during the same time. Many came to the USA to practice their Christian faith free of government impositions, while many went to South America looking for gold and the fountain of youth. Today the largest christian movement is an underground one in China, followed by India and other emerging countries. While the governments do not endorse such moves they also cannot control a heart and mind that is looking for something beyond material gains and thus (no disrespect to Islam which apart from the oil underneath their land cannot make this claim) where Christian revival occurs it seems God blesses those people. So as the Obama motto "change you can believe in" is only a cute saying to fool the gullible into believing this, a real heart change by our citizens as we look past the economics and towards things that are eternal may be the firm foundation upon which to move forward as a responsible nation. This is the change i believe in. The real question (hopefully we solve) is getting the right combination of government and private sector stimulus to get our economy chugging along at a healthier pace. Obviously Democrats favor government stimulus while Republicans favor private stimulus. I wish i knew the right mix to our current situation but i don't. One thing that is interesting that might be the real determining factor is religious ferver. The USA and South America were both explored during the same time. Many came to the USA to practice their Christian faith free of government impositions, while many went to South America looking for gold and the fountain of youth. Today the largest christian movement is an underground one in China, followed by India and other emerging countries. While the governments do not endorse such moves they also cannot control a heart and mind that is looking for something beyond material gains and thus (no disrespect to Islam which apart from the oil underneath their land cannot make this claim) where Christian revival occurs it seems God blesses those people.

So as the Obama motto "change you can believe in" is only a cute saying to fool the gullible into believing this, a real heart change by our citizens as we look past the economics and towards things that are eternal may be the firm foundation upon which to move forward as a responsible nation. This is the change i believe in.

]]> By: Election 2008: A McCain Victory Won't Mean Same Old Republican Story http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1427 Election 2008: A McCain Victory Won't Mean Same Old Republican Story Wed, 03 Sep 2008 00:44:47 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1427 [...] bottom line is that either presidential candidate will have to raise taxes. Democratic candidate Barack Obama will raise them because he wants to (or rather, because he has some “exciting” spending [...] [...] bottom line is that either presidential candidate will have to raise taxes. Democratic candidate Barack Obama will raise them because he wants to (or rather, because he has some “exciting” spending [...]

]]> By: Contradictory Economic Reports Whipsaw Investor Expectations http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1426 Contradictory Economic Reports Whipsaw Investor Expectations Mon, 01 Sep 2008 22:02:00 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1426 [...] what Democrats said to Corporate America last week as they gathered in Denver for the political pep rally known as the Democratic National Convention. While Republicans traditionally have been the primary beneficiaries of those corporate dollars in [...] [...] what Democrats said to Corporate America last week as they gathered in Denver for the political pep rally known as the Democratic National Convention. While Republicans traditionally have been the primary beneficiaries of those corporate dollars in [...]

]]> By: Slowdown in Consumer Spending Could Lead to Recession by Year-End http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1425 Slowdown in Consumer Spending Could Lead to Recession by Year-End Mon, 01 Sep 2008 10:10:48 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1425 [...] another installment of our well-read series, "Election 2008," with the article, Election 2008: Dawning of Democratic Convention Illuminates a Few Bright Spots For Investors. The article, timed to appear during the Democratic National Committee, looks at the potential [...] [...] another installment of our well-read series, "Election 2008," with the article, Election 2008: Dawning of Democratic Convention Illuminates a Few Bright Spots For Investors. The article, timed to appear during the Democratic National Committee, looks at the potential [...]

]]> By: peter moore http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1424 peter moore Mon, 01 Sep 2008 01:36:39 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1424 Obama is not elgible=not born in usa. Convention endorsement was not legal.Hillary still looks good.Why is Bill so happy-he knows.Obama s Hawii papers are bogus.His Kenya certificate of birth is true. Obama is not elgible=not born in usa. Convention endorsement was not legal.Hillary still looks good.Why is Bill so happy-he knows.Obama s Hawii papers are bogus.His Kenya certificate of birth is true.

]]> By: Luigi hdez http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1423 Luigi hdez Sun, 31 Aug 2008 17:59:20 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1423 I get really upset when people talk about socialism without knowing what the heck their are talking about it.I invite you to se Canada ,live there is great but to cool for many right.China ,what you people think about china ,all the paper we make in wall street is bought by china and now days if this country want to make a desscion have to call china and ask then becouse they are our money supplier among other things,check how many US company have being sold to chinise investors. I guees when you look at the word Socialism you think in the old USSR or Soviet Union or what they tell you in the news like everyone is equal and make the same amount of money and none of that is true.One of the priciple of the Socialism is everyone will have the basic needs cover ,like food,clothing,roof where to live,and medical attention,I will said Canada is close to a Socialism System and US ony need two things a better health care system like Canada and have a better planned economy to avoid this crisis and people will be able to keep their homes and have more stables jobs. Taxes ,we need it of course but they have to be fair and Goverent need to stop espending money in wars and unesesaries issues ,issues that most of it only represent the interest of the wealthiest perople(helth care and insurance companies,oil and car manufatures,weapons etc) and not the people of the united of state. If you make more than 25k a year why you so worry of paying a little bit more taxes, you take your kids to better schools and you may have better oportunities than other becouse the previous vicios system allows you to be there were you are .Now is the time for a change and US really need it and Mcain is not the answer. If we want to be succesfull at this moment we need to be together and try to work side by side with your neighboor,we have to change the way we think about only solve our problems or fill our pocket with money,yes we have a family and we will continue to do so but we have to be more humble and do it bu at the same time help the other. I see on the news a Diaz Balar talkng about the issues with Cuba and we need a Republican to help them to solve the problem with Cuba , i have heard that for 50 years and Castros remain there.Is not by force that we solve conflicts,How many years af cold war agins the Soviets and when did it end,When US acted smart and get inside the peoples mind on the siviets people and they only archive that working with the soviet ex president Gorbachov ad was the end of the USSR.We need to do the same thing with Cuba , pretend to be the good guys and wotk like the Troya Horse and work from the inside and get into the system. The Soviet Union was not the answer to all of the problem on that region back in the time but after the desintegration of the USSR how many more war conflict we have on that side of the world and how many nuclear weapon are now in so many diferent countries that can be used one day agains us,US was wrong geting in to that country bussiness , now is worst. What is what CUba can do agains US, nothing , just becouse a bunch of cuban politician that are getting reach from those policies agains Cuba wants to keep that subject alive putting money on their pocket not becouse is in the best interest of the US people is becouse is on the best interest of that group of politician. People we need to face each issue if it is the best for a group of people or for the all the people living in this country. I dont know if Obama is the Best but sure is not the other ,I will give him a chance and he fail which i dont think he will becouse Democrats need to make a good impresion and settle to stay and being Obama from a minority he own that to those people and those other minorities ,may be that is why the white people are afraid to vote for him to loose that control that had have for centuries but dont be afraid everything is for the best of everyone not for just a few. I know many will disagree but this is one of the beauty of this country,The Freedom of speech.Good bless America and all the American working for a better United Stated. Just my 50 cents. I get really upset when people talk about socialism without knowing what the heck their are talking about it.I invite you to se Canada ,live there is great but to cool for many right.China ,what you people think about china ,all the paper we make in wall street is bought by china and now days if this country want to make a desscion have to call china and ask then becouse they are our money supplier among other things,check how many US company have being sold to chinise investors.
I guees when you look at the word Socialism you think in the old USSR or Soviet Union or what they tell you in the news like everyone is equal and make the same amount of money and none of that is true.One of the priciple of the Socialism is everyone will have the basic needs cover ,like food,clothing,roof where to live,and medical attention,I will said Canada is close to a Socialism System and US ony need two things a better health care system like Canada and have a better planned economy to avoid this crisis and people will be able to keep their homes and have more stables jobs.
Taxes ,we need it of course but they have to be fair and Goverent need to stop espending money in wars and unesesaries issues ,issues that most of it only represent the interest of the wealthiest perople(helth care and insurance companies,oil and car manufatures,weapons etc) and not the people of the united of state.
If you make more than 25k a year why you so worry of paying a little bit more taxes, you take your kids to better schools and you may have better oportunities than other becouse the previous vicios system allows you to be there were you are .Now is the time for a change and US really need it and Mcain is not the answer.
If we want to be succesfull at this moment we need to be together and try to work side by side with your neighboor,we have to change the way we think about only solve our problems or fill our pocket with money,yes we have a family and we will continue to do so but we have to be more humble and do it bu at the same time help the other.
I see on the news a Diaz Balar talkng about the issues with Cuba and we need a Republican to help them to solve the problem with Cuba , i have heard that for 50 years and Castros remain there.Is not by force that we solve conflicts,How many years af cold war agins the Soviets and when did it end,When US acted smart and get inside the peoples mind on the siviets people and they only archive that working with the soviet ex president Gorbachov ad was the end of the USSR.We need to do the same thing with Cuba , pretend to be the good guys and wotk like the Troya Horse and work from the inside and get into the system.
The Soviet Union was not the answer to all of the problem on that region back in the time but after the desintegration of the USSR how many more war conflict we have on that side of the world and how many nuclear weapon are now in so many diferent countries that can be used one day agains us,US was wrong geting in to that country bussiness , now is worst.
What is what CUba can do agains US, nothing , just becouse a bunch of cuban politician that are getting reach from those policies agains Cuba wants to keep that subject alive putting money on their pocket not becouse is in the best interest of the US people is becouse is on the best interest of that group of politician.
People we need to face each issue if it is the best for a group of people or for the all the people living in this country.
I dont know if Obama is the Best but sure is not the other ,I will give him a chance and he fail which i dont think he will becouse Democrats need to make a good impresion and settle to stay and being Obama from a minority he own that to those people and those other minorities ,may be that is why the white people are afraid to vote for him to loose that control that had have for centuries but dont be afraid everything is for the best of everyone not for just a few.
I know many will disagree but this is one of the beauty of this country,The Freedom of speech.Good bless America and all the American working for a better United Stated.
Just my 50 cents.

]]> By: spike http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1422 spike Sun, 31 Aug 2008 14:36:15 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1422 John our recent citizen, the only point you got right was your first point, I agree you are not very bright. Martin, if you think that by implemeinting a 33% increase in cap gains and dividends tax you will increase net revenue to the govt. you are delusional. I believe revenue will decrease and of course I do agree with you, spending under Obama will significantly increase. The last time we had anyone introduce this kind of spending was LBJ and his Great Society program. We all know what that eventually led to, Carter's admin. recieved the bill when it finally came due and of course thier attempt to pay was to print money and increase taxes. That only made things worse. Obama seems to be proposing the same plan to fund his new initiatives. Right now our economy has pulled back a bit from the largess it showered us with for quite a few years but it is still an economy the rest of the world can only envy. I am anxious to read your analysis of McCains proposals on our economy. I hope I your Dem. leaning don't overwhelm your objectivity. John our recent citizen, the only point you got right was your first point,
I agree you are not very bright.

Martin, if you think that by implemeinting a 33% increase in cap gains and
dividends tax you will increase net revenue to the govt. you are delusional.
I believe revenue will decrease and of course I do agree with you, spending under Obama will significantly increase. The last time we had anyone introduce this kind of spending was LBJ and his Great Society program.
We all know what that eventually led to, Carter's admin. recieved the bill when it finally came due and of course thier attempt to pay was to print money and increase taxes. That only made things worse. Obama seems to be proposing the same plan to fund his new initiatives.
Right now our economy has pulled back a bit from the largess it showered us with for quite a few years but it is still an economy the rest of the world can only envy.
I am anxious to read your analysis of McCains proposals on our economy.
I hope I your Dem. leaning don't overwhelm your objectivity.

]]> By: Jeff Buuck http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1421 Jeff Buuck Sun, 31 Aug 2008 13:50:51 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1421 Whatever happened to good fiscal policies. You know cutting taxes will increase revenue. Cutting spending is always a good place to start balancing the budget. How can you expect us to take your financial advice if you don't even understand such basic stuff? Jeff Whatever happened to good fiscal policies. You know cutting taxes will increase revenue. Cutting spending is always a good place to start balancing the budget. How can you expect us to take your financial advice if you don't even understand such basic stuff?

Jeff

]]> By: John http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1420 John Thu, 28 Aug 2008 04:32:28 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1420 Wow, Martin, I thought that I was not very bright, but, after reading most of the responses you received on your article, I am convinced that there is still some hope for me. Do you actually read alll that drivel? Some of it actually scares me because it borders on the idiotic and psychotic. One question, however, on the interesting notion that John Holland champions: "Who [sic] we elect to Congress has never been more important and the need for accountability never greater, in Legislative, Executive and Judicial branches. We must choose the best and demand accountibility from all.–". To whom shall we make the Judicial Branch (ultimately the Supreme Court) accountable?" The People? The Executive Branch? The Legislative Branch? Quite some time ago, before I became a citizen of the United States of America, I studied the three branches of government and I was left with the impression that accountability by the judicial would endanger, if not negate, minority rights. John Wow, Martin, I thought that I was not very bright, but, after reading most of the responses you received on your article, I am convinced that there is still some hope for me. Do you actually read alll that drivel? Some of it actually scares me because it borders on the idiotic and psychotic.
One question, however, on the interesting notion that John Holland champions: "Who [sic] we elect to Congress has never been more important and the need for accountability never greater, in Legislative, Executive and Judicial branches. We must choose the best and demand accountibility from all.–". To whom shall we make the Judicial Branch (ultimately the Supreme Court) accountable?" The People? The Executive Branch? The Legislative Branch? Quite some time ago, before I became a citizen of the United States of America, I studied the three branches of government and I was left with the impression that accountability by the judicial would endanger, if not negate, minority rights.
John

]]> By: Bob Caragol http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1419 Bob Caragol Thu, 28 Aug 2008 00:20:41 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1419 Martin, your examination of an Obama presidency leaves out one very important aspect of his agenda. Obama's spending proposals would seriously impact the deficit and lead to a sharp decline in the dollar. It is interesting that you omitted this point since it undermines your belief there would be little difference between the presidencies of the two candidates. Perhaps you are trying to be non-partisan but frankly you sound to me like a democrat. Martin, your examination of an Obama presidency leaves out one very important aspect of his agenda. Obama's spending proposals would seriously impact the deficit and lead to a sharp decline in the dollar. It is interesting that you omitted this point since it undermines your belief there would be little difference between the presidencies of the two candidates. Perhaps you are trying to be non-partisan but frankly you sound to me like a democrat.

]]> By: savant9 http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1418 savant9 Wed, 27 Aug 2008 17:00:18 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1418 yeah right, horacio. maybe you don't but i remember when jimmy carter became prez with his devastating socialist ideas. in his admin we experienced 21% interest rates and 14% inflation rate and it took reagan all of his 1st term to get us back on track to growth. that is just what we'll get also with an obama/socialist agenda. if obama wins, that great plopping sound you'll hear is the stock market falling through the floor... yeah right, horacio. maybe you don't but i remember when jimmy carter became prez with his devastating socialist ideas. in his admin we experienced 21% interest rates and 14% inflation rate and it took reagan all of his 1st term to get us back on track to growth. that is just what we'll get also with an obama/socialist agenda. if obama wins, that great plopping sound you'll hear is the stock market falling through the floor…

]]> By: John Adair http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1414 John Adair Tue, 26 Aug 2008 21:42:05 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1414 Horacio if you think there is no difference between Obama or McCain you are high on something other than life. Apparently you are not to concerned about your freedom!! Maybe we should just give in to these terrorists. Freedom is probably over rated. I can not believe you people. Lets stay home and not fight for freedom. What good are your investments if you live under socialist rule or you are dead. John Horacio if you think there is no difference between Obama or McCain you are high on something other than life. Apparently you are not to concerned about your freedom!! Maybe we should just give in to these terrorists. Freedom is probably over rated. I can not believe you people. Lets stay home and not fight for freedom. What good are your investments if you live under socialist rule or you are dead. John

]]> By: John Holland http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1416 John Holland Tue, 26 Aug 2008 19:57:44 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1416 As election time nears, I believe we should remember that the new President cannot get everything he wants without Congressional support. Who we elect to Congress has never been more important and the need for accountability never greater, in Legislative, Executive and Judicial branches. We must choose the best and demand accountibility from all.-- As election time nears, I believe we should remember that the new President cannot get everything he wants without Congressional support. Who we elect to Congress has never been more important and the need for accountability never greater, in Legislative, Executive and Judicial branches. We must choose the best and demand accountibility from all.–

]]> By: Don A. Smith, Jr. http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1415 Don A. Smith, Jr. Tue, 26 Aug 2008 13:45:22 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1415 You are dillusional if you believe there will only be a slight difference in the amount of tax increase if Obama is elected. The media has invested so much in not only anointing Obama, but in also dragging more liberal democrats into the House and Senate, that if they succede in fleecing the American people into electing Obama and the liberal democracts, taxes will increase so much on anyone making $25,000 or more, that the economy will come to a halt, just to fund all the programs they want to increase and begin. Obama's plan to fund a program to increase fatherhood in the welfare state is so unbelievable it is laughable. The father is already there, at least one of them, but they do not marry or take responsibilty, therefore keeping the welfare money flowing. Everyone wants to say the people in the welfare system are a certain color or lack of income level, but the truth is the lack of responsibilty on all the parents involved, and the government wants to continue rewarding this behavior. No, if Obama and the liberal democrats take control of our goverment, our economy and life style for anyone working and making more than $25,000/yr.will go down hill so fast it will make your head swim. Of course that is what they want, they want to bring people down, not raise people up. Their idea of life is socialism. Don't skim over points of the democrat's agenda that will cost this country it's freedom. You are dillusional if you believe there will only be a slight difference in the amount of tax increase if Obama is elected. The media has invested so much in not only anointing Obama, but in also dragging more liberal democrats into the House and Senate, that if they succede in fleecing the American people into electing Obama and the liberal democracts, taxes will increase so much on anyone making $25,000 or more, that the economy will come to a halt, just to fund all the programs they want to increase and begin. Obama's plan to fund a program to increase fatherhood in the welfare state is so unbelievable it is laughable. The father is already there, at least one of them, but they do not marry or take responsibilty, therefore keeping the welfare money flowing. Everyone wants to say the people in the welfare system are a certain color or lack of income level, but the truth is the lack of responsibilty on all the parents involved, and the government wants to continue rewarding this behavior.
No, if Obama and the liberal democrats take control of our goverment, our economy and life style for anyone working and making more than $25,000/yr.will go down hill so fast it will make your head swim. Of course that is what they want, they want to bring people down, not raise people up. Their idea of life is socialism. Don't skim over points of the democrat's agenda that will cost this country it's freedom.

]]> By: H Niehaus http://moneymorning.com/2008/08/26/obamanomics/comment-page-1/#comment-1417 H Niehaus Tue, 26 Aug 2008 13:29:48 +0000 http://www.moneymorning.com/2008/08/26/obamanomics/#comment-1417 Has a presidential candidate ever thought of an typical industry cost controls of a hiring freeze and early retirement packages. I have no idea what the Federal payroll is, but I bet there would be billions to be saved there. Maybe you can enlighten us on the amount. Has a presidential candidate ever thought of an typical industry cost controls of a hiring freeze and early retirement packages. I have no idea what the Federal payroll is, but I bet there would be billions to be saved there. Maybe you can enlighten us on the amount.

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