Brown's Economic Plan in England Mirrors Obama's
Posted By: and same dire consequences are predicted. on 2009-04-26
In Reply to:
As you read the piece (see link below) in the London Times, substitute "Obama" for Brown, and "Geithner" for "Darling". Then multiply the billions in pounds by 1.5 to change them to US dollars. You'll think you're reading about the US plan - and the same catastrophic results, among which the worst are:
1. A burden on future generations of unparalleled and unprincipled proportions.
2. An outflow of investment capital to other countries that do not penalize the engines of the economy.
What struck me about Brown's plan was his "soak the rich" approach, which exactly mirrors Obama's - i.e., hitting the "upper 2%" of the "wealthy". It is more than passing strange to me that this is the precise percentage that Obama proposes - and is equally doubtful. Given Brown's recent meetings with Obama, no one will ever convince me that he didn't get some tutoring from our superclown...er, I mean, superpresident.
Another thing that's striking is how Brown's proposals are structured so that the real pain will be imposed after the elections in GB next year. In Obama's case, most of the real pain has also been scheduled for the "out years" - meaning that the public won't begin to feel them until beyond 2011.
And finally, there is the criticism that Brown's program is based on a lot of rosy "recovery" predictions which are very doubtful. Exactly the same criticism has been leveled at Obama's program, and in our case the criticism has come not from the opposition party but from within the government itself, i.e. the Office of Management and Budget - which is considered to be a very credible source of information on this sort of thing
Cut and paste, or follow the link at the bottom: http://business.timesonline.co.uk/tol/business/economics/article6168950.ece?Submitted=true
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LINK/URL: Brown Sings Obama's Recovery Tune
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Obama's economic plan.......
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Obama's economic plan
Number one, thanks for a thoughtful, relevant topic.
Number two, Obama's plan starts with rolling back the tax breaks for the wealthy that the Bush administration enacted to pre-Bush status and not make them permanent. A big step in the right direction would also be to tax the stratospheric earnings of equity-fund managers as income at 35% rather than as capital gains at 15% (they can surely afford it) and penalize them for moving their funds offshore.
Number three, all bets are off the table in light of the current GLOBAL economic crisis. The Obama administration will be so busy putting out fires they didn't start that it'll be difficult to enact any long-term or short-term economic plan. I know healthcare is a sore subject, but it's a potentially huge stimulus for middle-class folks, and huge stimuli are needed in times of severe GLOBAL recession.
McCain economic plan...
Click on the individual windows to get the complete plan.
http://www.johnmccain.com/Issues/jobsforamerica/
Don't agree. His economic plan will...
kill what economy is left. How do you give 95% of the country a tax cut when nowhere near that many even pay taxes? He will add a trillion or more to the deficit with all his plans...and how is he going to pay for that with even less tax money coming in? Oh I forgot...he is going to tax those making over $250,000. Which will kill jobs from small businesses who are S corporations (there are thousands of those) and file their income taxes personally and not as a business. Oh well. That's just what they get for being successful...they lose their business or have to downsize. Thank you so much, Mr. Obama. That will put even more people in the lower class because of job losses. If ANYone is going to divide into rich and lower class and no in between, it is Obama.
This post is about a coherent as JM's economic plan.
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Obama not going to attend economic
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Poll: In current economic, social and economic
The IDEA of:
- Full employment.
- Shorter work week.
- Guaranteed minimum wage income for all adults.
- Universal social benefits to include health care, child care, vacation time and lifelong access to education and training.
- Programs to ensure gender equality.
- Democratization of our banking and financial system, including popular election for those in charge of public sterwardship in the banking system.
- Employees control over their own pension assets.
- Alternative financial institutions controlled by local community members (similar to credit unions).
Obama's economic crisis strategy...
Vote for the bailout....and nothing else. Zip, zilch, nada. Oh, except echo Harry Reid, and I quote: "Nobody knows what to do about this." Well, no **** Sherlock. And STILL doesn't know. Not a clue. All he can say is middle class tax cuts and watch the thrills run up peoples' legs. Would be funny if it weren't so.....
Obama's plan
I assume you watched both conventions????? I watched the Dems and now I'm watching the Pubs. I am an INDEPENDENT. I would support Obama were it not for my research of the church he has been associated with for 20 years. This church, in my humble opinion, belongs to an extreme, radical, racist group. We don't need that in the White House. With the exception of illegal immigration, he pretty much addressed all the things that I feel are important to the future of my children and grandchildren and were it not for his affiliation with his chosen church, I would probably vote for him. . At least he had the good sense to select a person as his running mate who actually might be "ready on day one" to lead this country.
Secondly, again in my humble opinion, McCain has a few screws loose rattling around upstairs. He answers every question, even about how many houses he owns, with something like, "well, the longest time I spent anywhere was when I was a POW." Other than that it has been all about bashing Obama and his not having "experience." Then look what he did. Picked a little-known female who has been abroad exactly once and tries to pass her off as "experienced." Truth: She is a female and her state is the second largest producer of oil. Bush governed the biggest oil producing state. Enjoying those prices at the pumps? To this point all the pub speakers have pushed McCain's war record. What????? Do we need more war? I think a peacemaker would be better.
Now, before anyone pounces on me, I support NEITHER of these candidates and NEITHER will receive my vote. Either way, the middle class Americans, to which I expect most MTs belong, lose. Our government will change when and if the majority of Americans quit using their heads as a hatrack for the Democrat and Republican parties, kick them out and bring back government "of the people, by the people and for the people." Won't happen this time but maybe next time won't be too late.
Obama's tax plan
First of all, let me say I was undecided on this election until yesterday. Obama's tax plan scares me to death. I heard him on an interview yesterday, and he said that the top 5% of the country could *afford to help out those less fortunate to us*, meaning those that make above $200,000. He also said that someone making under $45,000 would *probably* not have to pay income taxes, because all the tax revenue would be generated from the top 5% of the country, again, who could *afford* to help out his fellow man.
So, here's my question. If I work my BUTT off making a great living for my family, who the heck is he to say I have to share it? My husband and I put ourselves through school to get a good education for ourselves, searched for good jobs, worked more than one sometimes, and enjoy or standard of living, because we worked hard for it and EARNED it. How dare he suggest that I have to share that with ANYONE, just because they dont' have as much. We give to quite a few neighborhood organizations and national charities, we do not keep every penny for ourselves.
If he does get elected and puts this new plan in place, why would people work hard to make a good living if quite a bit chunk of it is going to be taken away? Why not just sit back, work as little as you want, stay under that $40,000 radar, not pay income taxes, and have the government give you some other *rich* guy's money because you don't have as much?
This really made my mind up for me. It's time this county taught some personal responsibility and accountability, and I do not think he is the one for the job!
Obama Tax Plan
I haven't been here for a while, and if this has already been posted below somewhere, I apologize for duplicating it.
The following link will take you to a site that will show you how much money Barack Obama will save you on taxes, compared to John McCain. (Remember, McCain will be taxing your health insurance benefits for the first time in American history.) Depending on your income, there is quite a difference between the two plans.
http://alchemytoday.com/obamataxcut/
Obama tax plan
McCain may be taxing us, but he is anti-abortion and anti-gay marriage
Did you Say Obama lays out a plan???
give it to me!
obama STEALS SP plan
Mrs. Palin proudly boasted that she had put her state's "checkbook" on line so the fine Alaskan citizens could actually see where their money was being spent. Bless her heart. She said under the Palin/McCain (yep, in that order) administration, she would do the same with the federal "checkbook."
Come to find out that Obama had already done that 2 to 3 years ago. He should be ashamed of stealing her idea.
Hillary's plan yes, Obama's no. nm
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Obama's real plan
What he hasn't bothered to tell all his lame followers is if he allows the Bush tax cuts to expire in a few years, this is equal to a tax increase on the middle class. Obama knows most of his followers don't even know what the real Bush tax cuts mean nor what it will mean for them when and if they are allowed to expire.
He hopes no one looks too closely at this. Not only does he want that to expire, which he has already said he will not vote to continue, back in March he actually tried to shorten that so taxes could begin for those making 31k-63K. He knows most of you don't understand any of this for obvious reasons but for those of us who do pay attention, wake up! You will not be getting off the hook paying taxes no matter how much that sounds wonderful. If it sounds too good to be true, it will be.
McCain has a plan...just like Obama has one....
read about it on his website. And if you didn't turn off the TV every time he spoke, you would know he has a plan. LOL. What I don't want is the last TWO years, when the Democrats sat on their hands and did nothing while Freddie/Fannie ruined the economy. What I DON'T want is a socialist President and a democratic majority, and I will have NO part in bringing that about. For the first time in my LIFE I am voting a straight republican ticket.
Sam....if you keep repeating the Obama tax plan.........sm
about how he is going to eliminate taxes for the lower income class, I may just have to switch camps and vote for him!
Obama tax plan question...(sm)
Obama's plan very clearly states that taxes will be raised on those making over 250,000 and tax cuts for those under that. Meanwhile I've seen post after post complaining about him rasing taxes in general, which is in direct conflict with what he has said.
So, if he's planning on raising taxes on the higher tax brackets what's the problem? Aren't these the same people you guys have been bashing? For example, the auto CEOs who went to Washington in a private jet?
Obama's plan is not based on
The government will not be "in charge" of anything excep ACCESS to a healthcare coverage plan. It will still be private companies and if you don't want the national plan, you do not have to join it....keep your own if you like. Read the plan. All he is proposing is to open up the current plan that now covers Congress, Senate and federal employees to citizens. That plan is like any other. It has several different deductible schemes, choices of levels of coverage (PPO/HMO) and a range of premium amounts. All O is trying to do is make health care available to all Americans at affordable prices.
Obama did not plan the mission.
He only signed off on it after it had been planned and then vouched for by a whole lot of other people. The CEO of a car company does not design a car or put together a sales campaign. He only gives the go-ahead after others have figured out what to do, then takes credit for it.
The only thing this guy has ever made in his life is reservations.
Lynndie England
Lynndie deserves an apology
By Richard Cohen |
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Before being sentenced to three years in prison and a dishonorable discharge, Lynndie England apologized to just about everyone in sight. She apologized to coalition forces and all the families and to the detainees she and others had abused at Abu Ghraib prison - England was the smirking soldier holding the leash, you might remember - and to the families, America and all the soldiers. What she did not do is demand an apology in return. She's entitled to one.
A stronger person, maybe one with some political fiber, would have demanded an apology from her superiors - starting with the commander in chief, George W. Bush: How dare you send me into war for reasons that now seem downright specious? She might have demanded an explanation as well - not that she would have gotten one. After all, none of us really have. It was, it seems, some sort of mistake.
She might have demanded from Defense Secretary Donald Rumsfeld an apology for a military plan that no one, with the possible exception of Mrs. Rumsfeld, thinks called for enough troops and which was implemented before all of the troops were on the ground. How dare you, sir, send me to war so exposed?
She might have demanded an apology from the Army for sending her to work in a bad and chaotic place without proper training. Who says they're sorry about that? Not the President. Not Rumsfeld. Just salute and shut up.
She might have demanded an apology for not being told if the Geneva Convention applied to her detainees. From the President on down, the unspoken message had gone forth that the war on terror was something new under the sun. And the prisoners in Abu Ghraib were not real soldiers because the actual war was over and the enemy defeated - or so said the President. The detainees were something else, terrorists maybe, linked if only by rhetoric to Osama Bin Laden and the darkest of evil. A little fun at their expense - a pyramid of nude men and some sexual abuse - is what they had coming. If she got that message, who can blame her? Better yet, who will apologize for it?
The Washington Post on Wednesday published a letter written to Sen. John McCain by an Army captain, a West Pointer at that. In it, Capt. Ian Fishback says that for 17 months he's been searching for the Army's standards regarding the humane treatment of detainees. He cannot find them. Surely, torture is applying a hot poker to some poor guy's rear end. But is it putting a leash on a nude man? Is it mocking his genitals? Is it, in fact, any of the things Lynndie England did and which, thanks to digital photography, so offended the Muslim world?
It's impossible not to be revolted by what England did and to insist that no American should need special training in the humane treatment of fellow human beings. But she is, as she says, weak and passive and the sort of woman who is an easy mark for a man with the gift of fibbery. This was Charles Graner, her superior, boyfriend and the father of her child. As is very often the case in life and literature, the perpetrator is often also a victim. No reading of England's life story can stand any other interpretation. She is one of life's losers.
Nonetheless, she deserves her punishment. So do the others. But at Abu Ghraib and Guantanamo and elsewhere, the buck stops suspiciously low in the chain of command. Somehow, no one higher up is responsible for the situation England found herself in or for what she did. She's apparently accustomed to this sort of thing - just another example of getting stuck with the baby. Maybe someday she'll realize that a whole lot of very important people did her wrong. Who will apologize for that?
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Obama's tax cut plan for middle class
http://www.barackobama.com/issues/economy/#tax-relief
Provide Middle Class Americans Tax Relief
Obama will cut income taxes by $1,000 for working families to offset the payroll tax they pay.
• Provide a Tax Cut for Working Families: Obama will restore fairness to the tax code and provide 150 million workers the tax relief they need. Obama will create a new "Making Work Pay" tax credit of up to $500 per person, or $1,000 per working family. The "Making Work Pay" tax credit will completely eliminate income taxes for 10 million Americans.
• Eliminate Income Taxes for Seniors Making Less than $50,000: Barack Obama will eliminate all income taxation of seniors making less than $50,000 per year. This proposal will eliminate income taxes for 7 million seniors and provide these seniors with an average savings of $1,400 each year. Under the Obama plan, 27 million American seniors will also not need to file an income tax return.
• Simplify Tax Filings for Middle Class Americans: Obama will dramatically simplify tax filings so that millions of Americans will be able to do their taxes in less than five minutes. Obama will ensure that the IRS uses the information it already gets from banks and employers to give taxpayers the option of pre-filled tax forms to verify, sign and return. Experts estimate that the Obama proposal will save Americans up to 200 million total hours of work and aggravation and up to $2 billion in tax preparer fees.
Obama is saying the same thing and he has no grand plan...
either than he has shared. He said it in the O'Reilly interview. O'Reilly asked him if he would invade Pakistan to get him and he would not say yay or nay.
So, following your logic...thumbs down on you, O?
Obama's plan will KILL our economy. You think
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I suggest YOU study up on Obama's plan...sm
and see if his plan remotely resembles national healthcare in other countries. All plans are not created equal.
Does Obama's healthcare plan require
everyone to participate. My husband is a state employee with family coverage for $17.00 per pay. We have excellent medical, dental, vision and prescription coverage. I am not interested in changing that. Does Obama want to provide the same coverage for everyone or just provide coverage for those without?
Those prices are OUTRAGEOUS! Bad plan, Obama!
According to the table on the website you linked, in my state their insurance would cost nearly $800 a month! Holy KRAP, Batman! I pay a little over a quarter of that.
So Obama thinks some welfare family should get an $800/mo policy for free and I, because I can afford my own inrance, have to pay for lesser coverage.
This is a joke, right? He can't be serious.
And those rate tables were from 2004/5. Lord only knows what they are today.
obama's share the wealth plan
So Obama believes we should spread the wealth around. Here are his charitable contributions:
![Obama_tax_returns_2](http://taxprof.typepad.com/taxprof_blog/images/2008/03/25/obama_tax_returns_2.jpg" "Obama_tax_returns_2")
Too bad he wasn't spreading his wealth around these past years. Oh well he did give 800,000.00 to ACORN. You know them don't you? Do you suppose this is his idea of spreading the wealth?
Obama's tax plan basically takes away any
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Gee...Obama's plan is working better than even he could have imagined..........sm
he has a free thinking A hoodwinked into his way of thinking.
That's okay if you think it is garbage. It really is of no concern to me. However, it would seem to me that an Obamabot has finally grown a spine and come clean, knowing what Obama's victory would do to our country.
You say "negative campaigning." I say exposing Obama for who and what he really is.
No. Obama will kill jobs with his tax plan.
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If Obama plan is socialism then it was just voted in.
Got it?
But Obama's plan is a joke! So much waste and
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Obama's plan is no joke. It is more like a nightmare
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The post says ENGLAND threw out
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SMOKE-&-MIRRORS.
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Smoke and mirrors. Thanks but no thanks on that
nm
More smoke and mirrors and much ado about nothing
My first clue that this may be a red herring that merits further investigation was that I could not find information on this piece anywhere except conservative websites and blogs. I also had difficulty locating the text of Newt's so-called "Fairness Rules", which my gut told me was an oxymoron, the mention of Newt and fairness in the same breath.
The key phrase in this piece is found in paragraph 3, lines 4 and 5:
"...bar Republicans from offering alternative bills, amendments to Democrat bills or even the guarantee of open debate ACCESSIBLE BY MOTIONS TO RECOMMIT for any piece of legislation."
It is worthwhile to note that this phrase only appears once, embedded in a storm cloud of protest, fore and aft, and for good reason. There is method to this madness.
Motions to recommit occur at the final stage of bill passage. I have reviewed the text of the Contract On America, err, I mean Contract With America and the scope of its measures did not address the ENTIRE legislative process, as they are trying to suggest here.
I'm not that good at nutshell summaries. Instead, I have tried to present the ENTIRE picture below to clarify exactly what part of the process Pelosi's so-called "erasure" would affect. So much for the assertion that Pelosi is propsing to do away with the democratic process as we know it.
http://www.house.gov/house/Tying_it_all.shtml
Legislative Prcess
A bill is introduced and referred to committee. Any member of the House can introduce a bill at any time, meaning if the pubs don't like what they get out of one bill, they can pen their own as a counter-measure. The bill is then assigned a number, printed in its introduced form and a bill summary appears on the Bill Status Today schedule.
It is then referred to all appropriate committees where it is scheduled for public debate and markup. Notices as such are posted. Transcript of the testimony taken in the hearings is made available in the committee offices as well as printed and distributed by the committee.
Markup occurs after the hearings where amendments are proposed, considered and voted on. This can happen either at subcommittee or committee levels, all of which are subject to due process of notice, available to ALL interested parties.
The committee then votes on the action to be taken. It can be "reported" either with or without amendment or tabled. Sometimes new bills are written if extensive amendments have to be added, resulting in a "clean bill" which is assigned a new number. A committee report is issued summarizing the purpose and scope of the bill and the reasons it is being recommended for approval.
It then goes to the House floor for FULL CONSIDERATION. This process is governed by a "rule," a simple resolution that MUST BE PASSED by the house that sets out the particulars of how much time will allowed for debate, whether amendments can be offered, and other matters. Debate is divided between proponents and opponents. Amendments are offered, debated and voted upon, summarized on a daily basis and posted.
http://www.rules.house.gov/archives/recommit_mot.htm
Motion to recommit
Following this, the bill is ready for a vote on final passage. IT IS AT THE POINT IN TIME WHERE, in some cases, A VOTE TO "RECOMMIT" the bill to committee is requested, also known as a THIRD read. This is usually an effort by opponents to change some portion or table the measure. If the attempt to recommit fails, a vote on final passage is ordered.
http://thomas.loc.gov/home/lawsmade.toc.html
How Our Bills Are Made...for further details on this process.
Well, great, hope you love Obama's tax plan then. It
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Obama's universal plan failed miserably in other
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Obama to Plumber: My Plan Will 'Spread the Wealth Around'....sm
FYI: Last night, couldn't find this story on the Internet, as the "powers that be" in the liberal media, attempted to scrub this story clean off the Internet, much the way they changed that SNL skit that was truthful on the whole liberal democratic responsbility on the FM/FM mess. They took out the facts of the blame to the dems, and reposted it on the Internet. They are trying to rewrite history, and that should make us very, very upset.
Anyway, found this story again this morning on Fox, and very hard to find the "whole story" elsewhere on the web, as some of it has "been scrubbed clean"
Obama to Plumber: My Plan Will 'Spread the Wealth Around'
Barack Obama tells a plumber in Ohio he wants to "spread the wealth around," eliciting criticism that his economic recovery plan is socialist in nature.
FOXNews.com
Monday, October 13, 2008
Barack Obama told a tax-burdened plumber over the weekend that his economic philosophy is to "spread the wealth around" -- a comment that may only draw fire from riled-up John McCain supporters who have taken to calling Obama a "socialist" at the Republican's rallies.
Obama made the remark, caught on camera, after fielding some tough questions from the plumber Sunday in Ohio, where the Democratic candidate canvassed neighborhoods and encouraged residents to vote early.
"Your new tax plan is going to tax me more, isn't it?" the plumber asked, complaining that he was being taxed "more and more for fulfilling the American dream."
"It's not that I want to punish your success. I just want to make sure that everybody who is behind you, that they've got a chance for success too," Obama responded. "My attitude is that if the economy's good for folks from the bottom up, it's gonna be good for everybody ... I think when you spread the wealth around, it's good for everybody."
Obama's remarks drew fresh criticism on the blogosphere that the Illinois senator favors a breed of wealth redistribution -- as well as a rebuke from the McCain campaign.
"If Barack Obama's goal as President is to 'spread the wealth around,' perhaps his unconditional meetings with Hugo Chavez, Raul Castro, and Kim Jong-Il aren't so crazy -- if nothing else they can advise an Obama administration on economic policy," McCain spokesman Michael Goldfarb said in a written statement to FOXNews.com. "In contrast, John McCain's goal as president will be to let the American people prosper unburdened by government and ever higher taxes."
Obama frequently rails against what he calls a Republican concept that tax breaks for the wealthy will somehow "trickle down" to middle-class Americans.
Obama says he will not raise taxes on anyone making less than $250,000 a year.
However, McCain's aides and supporters argue that Obama wrongly wants to raise taxes on businesses in a time of economic distress.
Both candidates spent Monday discussing how they would resurrect the ailing economy. McCain again pointed to his plan to buy up cumbersome mortgages from homeowners and renegotiate them. Obama unveiled what he called an economic rescue plan for the middle class, which included a 90-day moratorium on foreclosures.
http://elections.foxnews.com/2008/10/13/obama-plumber-plan-spread-wealth/
Obama's whopper on McCains' Health Plan
http://www.cbsnews.com/stories/2008/10/17/eveningnews/realitycheck/main4530306.shtml
Obama's Plan to Rejoin the World Community...
http://townhall.com/Columnists/PhyllisSchlafly/2008/12/23/obamas_plan_to_rejoin_the_world_community
Obama expected to announce foreclosure plan
http://www.cnn.com/2009/POLITICS/02/17/obama.foreclosures/index.html?iref=mpstoryview
Obama Administration Launches Housing Plan
Hope this helps those of you that need help.
http://online.wsj.com/article/SB123617623602129441.html
Prayers and thoughts to our friends in England
We are thinking of them
She;s right, it is serious. There was one student from England who voted early...sm
in Ohio. I would definitely call that voter fraud, wouldn't you?
Heaven knows what they'll find out when they finally get down to it.
Acorn is really messing things up for everybody, both parties included. No matter who takes Ohio, obviously, there's going to be fraud going on. Not to mention all the other states with the same problem.
And before you go off on the fact that the link is from FoxNews below....try to remember the facts, that none of the other networks will cover this....because they're all in the tank for Obama.
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/10-16-2008/0004905682&EDATE=
How sad for all of us, only 1/3 of people wanted to break away from England too. nm
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No smoke, no fire, only mirrors. LOL!
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I suppose they should cover the mirrors
and rend their clothes in grief instead? They are busting their butts to get things done. I think a little laughter, joy and goodwill is necessary as well as healthy. But, I suspect you would neither understand nor APPROVE of anything you deem "frivolous." The Dow has been up for 4 days running, at least 3 major banks are seeing profits and are stating they no longer require any bailout money.........Bringing in Congress and various insiders for a weekly get-together is a good way to inspire and promote goodwill.....but I guess the WH is something to look at - not live in.
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