I think part of the proposed plan...
Posted By: Just the big bad on 2008-11-14
In Reply to: Either way - gourdpainter
(or it may be a separate bill) is supposed to make then *re-tool* in order to make them more fuel efficient?
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Maybe part of the plan includes......... sm
rounding up the obese and the smokers and carting them off to the detention centers being built that no one seems to believe exists. LOL
Just part of his grand, coverup plan
lol!
did you know that if the proposed law - sm
which will allow federal money to pay for abortions goes into effect, that any hospital refusing to do abortions can lose accreditation and be shut down? That means all the Catholic-based hospitals and Christian-based hospitals can be shut down if they do not comply with the new law. Horrible!
Yes, proposed changes, which citizens cant
nm
Proposed Abolition of 401(k) tax break, etc.....sm
Socialist Democrats Running the Show: Proposed Abolition of 401(k) Tax Break
October 24, 2008
The Democrat Party may attack peoples 401 k investments in favor of a compulsory pension plan administered by the bankrupt, insolvent, Social Security Administration. All the volatility on Wall Street has given the democrats a chance to exploit that volatility to being nationalizing retirement funds and forcing self administered retirement savings out of business. As buzzards circle a carcass in the desert so the Democrats are circling over the financial turmoil to seize wealth and remake the financial system according to their ideological strictures. Once again the Nanny State Democrats will penalize the people who saved and did it right to create a terrible program for everyone. Even in a full blown depression I would rather have control of my retirement funds and keep the bankrupt Ssocial Security Administration out of my affairs. Consider the following excerpts from the Investment News: http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20081012/REG/310139971&template=printart
Powerful House Democrats are eyeing proposals to overhaul the nation’s $3 trillion 401(k) system, including the elimination of most of the $80 billion in annual tax breaks that 401(k) investors receive.
House Education and Labor Committee Chairman George Miller, D-Calif., and Rep. Jim McDermott, D-Wash., chairman of the House Ways and Means Committee’s Subcommittee on Income Security and Family Support, are looking at redirecting those tax breaks to a new system of guaranteed retirement accounts to which all workers would be obliged to contribute
Under Ms. Ghilarducci’s plan, all workers would receive a $600 annual inflation-adjusted subsidy from the U.S. government but would be required to invest 5% of their pay into a guaranteed retirement account administered by the Social Security Administration. The money in turn would be invested in special government bonds that would pay 3% a year, adjusted for inflation.
The current system of providing tax breaks on 401(k) contributions and earnings would be eliminated.
“I want to stop the federal subsidy of 401(k)s,” Ms. Ghilarducci said in an interview. “401(k)s can continue to exist, but they won’t have the benefit of the subsidy of the tax break.”
Under the current 401(k) system, investors are charged relatively high retail fees, Ms. Ghilarducci said.
“I want to spend our nation’s dollar for retirement security better. Everybody would now be covered” if the plan were adopted, Ms. Ghilarducci said.
It would seem that we’re returning to the bad old days of elaborate structures to keep the government from confiscatory orgies of taxation in which people have to fight for any tax shelters they can find. I have sufficient faith in the fundamental corruption of the Democrat Party to believe that they’ll always have loopholes, for those in the know, to shelter money from their insatiable appetite for your money. Government has become the adversary of success and if you want to get ahead and have a life you’ll have to evade the Obama/ Pelosi/ Reid Politburo. Consider the following excerpts from an outstanding article at Forbs.com: http://www.forbes.com/2008/10/24/barack-obama-law-ent-law-cx_rb_1023robertbovarnickobama_print.html
In certain unscripted moments, Obama has given us a glimpse of his somewhat socialist leanings.
Couple that with the recent pronouncement of House Speaker Nancy Pelosi, who has pushed to implement a $300 billion stimulus package–on top of the $700 billion financial rescue package and the $800 billion of additional proposed spending under an Obama presidency–and you can see where we are headed.
I would encourage you to click on the above link for an outstanding story but I’ll give you some of the highlights: Obama will eliminate the statute of limitations on discrimination suits further miring the United States in litigation and class warfare that we can ill afford. He’s going to hit small businesses with massive new taxes, a “global poverty initiative” that will function like a UN payroll tax on Americans, Regulation of the Internet and more. There are 10 area’s where the author of the article, a Philadelphia Lawyer, figures Obama will well and truly screw up the country. We’re talking fundamental changes that will be our undoing in the end.
If the changes the Democrats are talking about are enacted in mass; our American Experiment will be over because we’ll be France. Further, I suspect that Obama will embrace the new push for global financial regulation and institutions that will be disastrous for the American economy for the foreseeable future. It should prove interesting to watch the stock market contemplate an Obama Presidency in the days to come because I have doubts that we can survive the credible threat of his winning to say nothing of enacting his ambitious social agenda.
We’re already in deep financial trouble that’s likely to last years but if we elect a real socialist to empower trial lawyers, hate crimes, UN taxes, and national health care we’re finished as a country. Government under Obama will simply take over everything and reward those who blindly go along with the program and sanction those with any initiative at all. The worst of all is that it seems that we’re ready to vote in this Orwellian world on November 4th. We’re poised, as a nation, to make the biggest mistake of our national lives and the cost in blood and treasure is likely to be enormous.
Check out the above articles: they’re well worth the time. The Government is not supposed to be our master in this country but it seems that too many of us have forgotten. Its going to make for a somber thanksgiving as we mark the passing of our greatest traditions of the American Spirit and the American System with barely a whimper. God help us and God help the United States of America.
http://makeitso57.wordpress.com/2008/10/24/socialist-democrats-running-the-show-proposed-abolition-of-401k-tax-break/
Yes, Bush proposed a bailout....
the majority democratic congress rejected HIS and made one of their own...you don't remember all the haggling back and forth? Bush by himself couldn't have done squat. Actually more republicans were against it than democrats and got castigated for stalling the bill that was going to save us all. Then the dems had to add a little pork into it (money for wooden arrows and some such) before it finally passed. However, if Chris Dodd (D) chair of banking and finance committees and Barney Frank (D) in the House had not blocked EVERY attempt by Bush and yes, John McCain, to regulate Fannie and Freddie it would be a moot point, because we would NOT BE in this mess. Whatever else Bush has done, he had NOTHING to do with this economic crisis. That was all Dems, all the time, to make sure every american whether you could afford one or not got into a house.
This is about a protest to a proposed change - it happens. - nm
x
Hillary's proposed healthcare system?
When I was watching Hillary say *I will fight the drug companies and insurance companies* I responded *You took $800,000 in donations from those people! And you are going to fight them?!*
Remember that Punjab article we saw months ago about her? Well, here it is below but remember it is in ADOBE PDF format (very easy to read that way though)....
http://graphics8.nytimes.com/packages/pdf/politics/memo1.pdf
be VERY CAREFUL if you're thinking about Hillary......please....
I'm very pro-woman (am one myself) but just because it has the same body parts doesn't mean I'm voting for them.........loved Bill but truly have had enough of the Clintons to last a couple of lifetimes....
First proposed addition to Obama's admin....
Rahm Emanuel. Headed the effort to re-elect Richard Daley mayor of Chicago...firmly entrenched in the Chicago political machine. "From work earlier in his career, Emanuel considers Mayor Richard M. Daley, Senator Paul Simon and President Bill Clinton to be his professional mentors." Could this be the shape of things to come? Doesn't give me a warm and fuzzy so far.
Opinions on Hillary's proposed health care system?
Personally, I'm against mandatory health insurance laws. Look how mandatory auto insurance goes - you buy the cheapest policy because you can't afford the good ones. Your policy covers squat, but you're legal. I'm concerned the "affordable" health insurance she wants to force us to buy will turn into the same thing - a crap policy that covers nothing but keeps you legal. Does anybody else feel like I do about this?
proposed tax policies which include granting rebates to most US workers.
That statement jumped out at me.
...and he proposed that if Americans won't buy "stuff" to stimulate the world economy -
the Chinese will have to spend money. Obviously, he didn't read the article about peasants in China fleeing the cities due to the loss of 20 million jobs. WUTTA BUZZOO!!
only part saved was the ignorant part
You can read the whole article. This quote was saved to show what she said that was so stupid.
Plan B.
I can't imagine Bush releasing funds intended for the banks and insurance companies to be released to the auto industry without imposing more stringent conditions on the UAW workers than the republican caucus and parochial southern senators have already tried to enact. Gettelfinger stands behind his "bankruptcy is not an option" statement. If Bush does not step forward, looks like liquidation could be just around the corner. JMHO.
bad plan
I do believe our senators need to go focus on this crisis, but, a few hours spared for a debate is not a waste of time. The election is close and people need to hear what both of the candidates have to say.
More on O's plan for
What I had in mind was his proposal to eliminate capital gains taxes for start-up and small businesses, the making work pay tax credit to help reduce the double taxation paid by self-employed (that "special" self-employment tax you pay if you are an IC) and the proposed $250 million annual investment in the National Network of Business Incubators designed to increase the number and size of small businesses.
Here's part of the answer to the earlier question about small businesses and health insurance cost/fine. He proposes a Small Business Health Tax Credit program of up to 50% of the premiums they pay for health care benefits for their employees. If you want to read more, here's the link:
http://www.barackobama.com/pdf/SmallBusinessFINAL.pdf
Under O's plan, you will keep more of it.
x
That's not a bad plan
But the article itself says that France does not have socialized medicine - it's something completely different, especially with the lowered malpractice insurance and the tuition-free universities. I don't see that anything like that would be set up in the US, do you? It's not a bad idea, though. Definitley something to think about.
LOL. I like that plan.
.
God has a plan for everything
His main objective is that none of us die but, as loving as He is, He gives us choices. Many of us will make the wrong choice and die for it.
health plan
I have an idea, why doesnt Bush stop waging immoral wars and use our tax dollars for something constructive and life saving, like health coverage for those who die each year without it? You know why I would love a universal health plan? Because I care about my brother and sister and I care about making every Americans life better. Of course, you conservatives care about no one but yourselves. You make a few bucks, buy a home in a gated community, take the other streets so you dont pass the ghetto..and yet you claim you are christian..that is the most hypocritical statement of all. Do you not realize if Jesus walked this earth today, he would be a liberal democrat, helping the poor, the starving, the sick, the homeless, accepting all. Im so glad Im a liberal democrat. I dont think I could look at myself in the mirror or get a good nights sleep knowing my ideology is actually harming America, not helping it one bit.
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.
OK. Let's rephrase. How does JM's new plan
x
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!
And so how exactly does McCain plan to fix
He could sell Alaska to the Japanese. They need the land & the natural resources, and they most definitely have the money.
McCain's plan...
http://www.johnmccain.com/Informing/Issues/19ba2f1c-c03f-4ac2-8cd5-5cf2edb527cf.htm
Not as described above.
Obama's Plan:
http://www.barackobama.com/issues/healthcare/
They seem very similar to me...big difference is Obama wants the government to control it and McCain wants individuals to control their own health care. I don't see a problem with that.
Which is why I am still voting McCain.
if you plan on voting
you will need to keep things like OBAMA and OSAMA straight. The political system was based on the assumption that voters would know the difference between a tall black man running for president and a tall man in a sheet running for cover. Study up. Only a few more weeks . . . I'm betting you can do it.
Do either of the candidates have a plan
for this financial crisis that does not involve the taxpayers bailing out the US?
So how would this plan affect you?
If it doesn't apply to you, then nothing about your mortgage would change. How is that unfair to you? Would it be more fair to charge the taxpayers, including you, whether in you're arrears or not or owning a mortgage or not, the $700 billion dollars?
I don't get what about this is upsetting to you. You already have a better rate and your credit must be great. Any resolution to this problem should not result in someone making out better than before the problem started.
You are correct about his plan not being...sm
socialized medicine. I don't think the majority of people have insurance through their employers anymore. If you don't you will be insured based on what you can afford to pay, and you will keep your own doctor. Vermont already has such a plan and it works great.
His plan includes ---
He wants to provide coverage for everyone that needs it. If you have coverage already, then you keep it. If you don't have coverage, then you are able to buy the same coverage the federal employees have. He only wants to mandate that a family have coverage for their children and you can get it anywhere you want to.
My state already is using almost the same plan as....sm
Obama's and it seems to be working just fine.
He's changed his plan but yet again..
The McCain-Palin campaign has critized his tax plans as welfare, so Barack’s campaign has come back and tweaked it to add a work requirement. (They will materialize things out of thin air as needed to get elected.) This comes from the New Hampshire Union Leader in reply.
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
the EIC is a tiered plan, Sam -
If you get earned income it is very low paying at the bottom of the scale, then tops out in the middle, and progressively drops out to 0 by the time you get to the top.
You have to work to get it, so therefore it encourages people to work and not just live off the government.
I have been hearing that O plan
of sharing the wealth will put us in the GREAT DEPRESSION just like back when Hoover was in office, exept this time, it will be worse because many more people make more than 100,000 a year than they did years ago. So basically it will be spreading the wellfare around.
Martial law plan?!
Things are really getting delusional now. Bush is probably counting the days til he can get out of there and let it be someone else's problem.
"Welfare plan"
Hate to break the news to you, but it looks as if there has been a welfare plan in place - its called "Corporate Welfare" and we are the ones who they rob; and every single Republican President from Reagan, Bush 1 and Bush 2 have robbed this country blind
they don't plan to stop it -
they just want to be able to add to it this week - that's the plan!
A plan that will work.....
Take all this money and instead of giving to big businesses and letting them do whatever with (because that worked so well with the bailout huh?) just pay off everybody's mortgage. If my house was paid off, I would buy that 1K TV I want for my bedroom. I'd buy new furniture for my living room because mine is 10+ years old. I'd buy curtains and blinds for my windows. I'd buy some nice rugs to put throughout my house. I'd buy that Thomas Kincaid painting I've always wanted to hang on my wall. I'd buy more fencing material to fence in more pasture for my horses. I'd buy those 2 llamas I've been wanting. My husband could buy another Harley like he has been wanting. We would go out to eat more often. These are just things that I would do if my hosue was paid off. That is quite a bit of money back into the system but I can't do these things because I owe on my house. Think about it.
If you didn't have your mortage, what would you buy?
That's a good plan!
I think I'll start doing that. My dad had trouble with his internet over the weekend (SBC) and when he called the help line, he got somebody that spoke terrible English and when he asked where his call had been answered, the man told him India. My dad promplty hung up on him and is getting a new ISP this week.
The Pickens Plan
The Pickens Plan.
There are several pillars to the Pickens Plan:
- Create millions of new jobs by building out the capacity to generate up to 22 percent of our electricity from wind. And adding to that with additional solar capacity;
- Building a 21st century backbone electrical grid;
- Providing incentives for homeowners and the owners of commercial buildings to upgrade their insulation and other energy saving options; and
- Using America's natural gas to replace imported oil as a transportation fuel.
While dependence on foreign oil is a critical concern, it is not a problem that can be solved in isolation. We have to think about energy as a whole, and that begins by considering our energy alternatives and thinking about how we will fuel our world in the next 10 to 20 years and beyond.
New jobs from renewable energy and conservation.
Any discussion of alternatives should begin with the 2007 Department of Energy study showing that building out our wind capacity in the Great Plains - from northern Texas to the Canadian border - would produce 138,000 new jobs in the first year, and more than 3.4 million new jobs over a ten-year period, while also producing as much as 20 percent of our needed electricity.
Building out solar energy in the Southwest from western Texas to California would add to the boom of new jobs and provide more of our growing electrical needs - doing so through economically viable, clean, renewable sources.
To move that electricity from where it is being produced to where it is needed will require an upgrade to our national electric grid. A 21st century grid which will, as technology continues to develop, deliver power where it is needed, when it is needed, in the direction it is needed will be the modern equivalent of building the Interstate Highway System in the 1950's.
Beyond that, tremendous improvements in electricity use can be made by creating incentives for owners of homes and commercial buildings to retrofit their spaces with proper insulation. Studies show a significant upgrading of insulation would save the equivalent of one million barrels of oil per day in energy by cutting down on both air conditioning costs in warm weather and heating costs in winter.
A domestic fuel to free us from foreign oil.
Conserving and harnessing renewable forms of electricity not only has incredible economic benefits, but is also a crucial piece of the oil dependence puzzle. We should continue to pursue the promise of electric or hydrogen powered vehicles, but America needs to address transportation fuel today. Fortunately, we are blessed with an abundance of clean, cheap, domestic natural gas.
Currently, domestic natural gas is primarily used to generate electricity. It has the advantage of being cheap and significantly cleaner than coal, but this is not the best use of our natural gas resources.
By generating electricity from wind and solar and conserving the electricity we have, we will be free to shift our use to natural gas to where it can lower our need for foreign oil - helping President Obama reach his goal of zero oil imports from the Middle East within ten years - by replacing diesel as the principal transportation fuel for heavy trucks and fleet vehicles.
Nearly 20% of every barrel of oil we import is used by 18-wheelers moving goods burning imported diesel. An over-the-road truck cannot be moved using current battery technology. Fleet vehicles like buses, taxis, express delivery trucks, and municipal and utility vehicles (any vehicle which returns to the "barn" each night where refueling is a simple matter) should be replaced by vehicles running on clean, cheap, domestic natural gas rather than imported gasoline or diesel fuel.
A plan that brings it all together.
Natural gas is not a permanent or complete solution to imported oil. It is a bridge fuel to slash our oil dependence while buying us time to develop new technologies that will ultimately replace fossil transportation fuels. Natural gas is the critical puzzle piece that will help us keep more of the $350 to $450 billion every year at home, where it can power our economy and pay for our investments in wind energy, a smart grid and energy efficiency.
It is this connection that makes The Pickens Plan not just a collection of good ideas, but a plan. By investing in renewable energy and conservation, we can create millions of new jobs. New alternative energies allow us to shift natural gas to transportation; securing our economy by reducing our dependence on foreign oil, and keeping more money at home to pay for the whole thing.
And here is another workable plan.
A. Back off and let those men who want to marry men, marry men.
B. Allow those women who want to marry women, marry women.
C. Allow those folks who want to abort their babies, abort their babies.
D. In three generations, there will be no Democrats.
AIG and the Fed. Pension Plan
Hey---don't feel bad, I had egg on my face a few times before I got it through my pea brain that it was alot less embarrassing to check it out on Snope's before I forwarded it. LOL
According to the article on snope's. No private company insures federal pensions. One thing I did discover, you can't cut and paste from snope's I tried to post their comments. Again if you go to the snope's website and key in AIG and congress pension you will find the whole artice. The part about no private insurer is at the very bottom.
GOP Budget & Tax Plan
Among the alternatives that the GOP is proposing for the 2010 budget:
1. Roll back a significant portion or all of the stimulus that has not yet been distributed as of 2010.
2. Indiiduals earning less than $50,000 or couples earning less than $100,000 could either file under the current tax provisions or pay a flat 10%. Others earning more would pay a flat 25%. All who choose the flat tax rate could literally file their taxes on a form the size of a single index card.
You have to think about some of the implications of these tax ideas to understand the less obvious benefits, among which would be the stanching of the flow of investment outside the country and attraction of foreign investment, and an enormous savings in the waste of time and money that presently go to nothing more productive than filing taxes. A simple scheme like this would also be much more difficult to defraud than the complex system currently in place.
On this last point, just consider all the back taxes that Obama has collected from his tax-scofflaw political appointees - over $100,000! Not one of the excuses that any of them offered for not paying their taxes - i.e., that the tax laws are too complicated even for that "brilliant" idiot, Geithner (who now heads up the IRS). Not one of them could have skated by "paying their back taxes" while apologizing that they just couldn't get a handle on what they're supposed to pay. Now, multiply just those people by all the other tax cheats in this country who couldn't use similar excuses (or schemes, whichever term you prefer).
It's simple: What do you make? Withhold 10% and you owe nothing at the end of the year. Fill out your card, send it in, and you're done. And you tax accountants who have helped your clients avoid taxes for years...we need accountants for other purposes, so you won't starve either.
What worries me most about his plan...
isn't that the supermax prisons won't be able to hold them safely, but what if even one or two aren't convicted? What do we do with them then? Send them home or set them up in the US with their own Medicare card? That possibility isn't even being discussed.
What worries me most about his plan...
isn't that the supermax prisons won't be able to hold them safely, but what if even one or two aren't convicted? What do we do with them then? Send them home or set them up in the US with their own Medicare card? That possibility isn't even being discussed.
Bush's bird flu **plan**
Oh no!! Bush has a **plan** for the bird flu..YIPES!! Run for the hills.
Finally, a man with a plan. That's what I'm talking about.
End of 2006?
On Monday, Iraqi Interior Minister Bayan Jabr suggested U.S.-led forces should be able to leave Iraq by the end of next year, saying the one-year extension of the mandate for the multinational force in Iraq by the U.N. Security Council this month could be the last.
“By the middle of next year we will be 75 percent done in building our forces and by the end of next year it will be fully ready,” he told the Arab satellite station Al-Jazeera.
It's called a contingency plan
This person and a lot of people need to study up on how government and policy work, because when they come out with articles like this they end up looking as ignorant as they obviously are.
We better hope there are some pretty tough contigency plans on Iran, because if Iran actually builds nukes the next mushroom cloud you'll see may be in your backyard.
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