Obama Pitches Middle Class Rescue Plan

mere-once again I will tell all of you that GWB did not begin this outsourcing our industries. Remember NAFTA. The Clinton administration (Democrats) started sending jobs to foreign countries. All manufacturing jobs like I worked for for 27 years left in the 80's. Went to countries where labor was around .10 hourly. I struggled but was able to rebound through perseverence and teaching myself computer programs and became an administrative assistant. Not what I was accustomed to but I had to do it. This didn't just happen during the Bush administation so Pleaseeeeeeeeeeee get your facts straight.

“fight for what you believe in.”

The reason many democrats think republicans are uneducated is that although many of them are educated, they use their education in a crooked way. They like to twist the truth and distort facts knowing full well what they are doing. When the facts does not serve their purposes, they resort to hugging the flag and championing Christianity and morality.
Only those who can’t see through that concoction fall for it – the uneducated Yet many of them are immoral and in fact many of the things they are fighting for are immoral. Their favorite phrase is “fight for what you believe in.” To which I say, does it matter that “what you believe in” is wrong, immoral, and inhuman? Why have you refused to think or manifest what your best judgment is telling you – that you are wrong in virtually everything you advocate? Take ‘Right to life” for example. It sounds good, but that’s all they want, how it sounds. But they would rather you have a child you can’t care for so that they can offer him $20,000.00 to go and fight and die for one of their unjust and immoral oil wars.

At last, viable proof that Senator McCain is wrong in consistantly accusing Senator Obama of being a "tax and spend democrat", (a catch phrase I am so tired of hearing considering that during Bush's first term and three years of his second term it was the republican majority that spent to the point our deficit increased dramatically) and it looks to me like Senator Obama's new plan to aid the middle class and create jobs in the United States for American workers is a tax cut for individuals rather than a tax increase. (Obviously President Bush's tax cuts to stimulate the economy and to get businesses to use their income tax savings to create jobs, lower costs, etc. and that Senator McCain endorsed didn't work.) Trickle down economics didn't work during the Regan Administration either. And as far as cost, although true that Senator Obama's plan would come at a cost to taxpayers, so will Senator McCain's new economic plan, and let's not forget the cost of his health care plan. Regardless of what Senator McCain says, I have done extensive research and most employers can provide more comprehensive and better health care coverage (which may include dental and prescription) at a lower cost because it is negotiated as a plan for all employees. For individuals the cost of private health insurance would be unaffordable. Although I voted for Regan both terms, it was under Regan's and Bush's watch that we had the savings and loan and financial institution debaucles. John McCain was a senator during both periods. Obviously the Republican Party didn't learn anything after the savings and loan crisis. Wanton deregulation that was endorsed by most republican's and started many years ago, including John McCain, has resulted in an drastic increase in food borne pathogens sickening thousands of Americans and in the deaths of others, weakened the oversight for financial institutions and wall street that has led to the current crisis, and made it possible for toxic toys, dog food, and candy to enter the United States from China. Many of the financial regulations were written and passed following the great depression to help prevent another future financial catastrophe. This is only part of what deregulation has caused. Do I support deregulation? Yes, within reason but not at the cost of the health, safety, and financial security of my neighbors, those I work for and with, my children, and my grandchildren. I had great respect and admiration for Senator McCain for many years. But the more I have learned through research on non partisan websites and congressional and senatorial voting records through the Library of Congress Thomas page and the United States government web sites, I have decided not to vote Senator Mc Cain for president. The deciding factor was the the blatant lies and distortions put out by his VP pick Sarah Palin on Senator Obamas relationship with Ayers and Wright. I cannot, in all moral consciousness, support someone who allows their campaign and VP pick to defame another man's character and moral values for political gain. Senator McCain's remarks to the woman at the recent rally that Senator Obama is a honest and decent man came a little too late considering he did nothing until it started to backfire. And regardless of what the media or the McCain camp tries to say, Sarah Palin and others distortions about the extent of Senator Obama's relationship with Ayers and Wright, accusations that he was "pallin around with American terrorists, can't be trusted, is a muslim, has connections to overseas terrorist groups, etc. has made some people afraid of Senator Obama. I have heard remarks myself that validate that fear. As a Christian, a mother, and an American, I raised my children to treat others with respect and dignity regardless of personal feelings. Senator lost my vote and my respect with the Ayers/Wright debacle.

Obama to Plumber: 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

I wish people would listen and read all the time instead of some of the time and then make comments on only a little bit of the information. When he is speaking about the withdrawls from 401k plans, he is speaking to those individuals that have exhausted all of their other resourse and have no other choice but to withdraw from their 401k plans. It's bad enough that we are in this situation to have to resule to that, but for those that have not other choise, then at least lift the penalities they will incure by doing so. Families need money now!!! Consider those that may not be as fortunate as you and their 401k plans are all that they can turn to, to help with the lack of funds available to them.

It has been found out that Palin's husband is part of the Alaska independence party, a group that hates america enough that they want Alaska to seceed from the nation, she herself even said that the Alaskan independence party was doing "good work" it seems that anyone who wants to talk to her must go through her husband she's not even really leading in her own office.

Here's an idea for when the democrats start redistributing the wealth. First of all, DO NOT REDISTRIBUTE CASH! When you take the money, convert that money to coupons and vouchers that the benefactors could use for: Food (not restaurants or junk food), their Gas and Electric Bills, Clothing and Rent. If you need money for your Health Care programs, that raise the taxes substantially on cigarettes and alchohol. Also add a tax on the worst unhealthy foods out there, you know, the ones that are driving our cholesterol through the roof and making so many diabetics. This way if people want to indulge, at least they'll be paying more toward Health Care. And finally, this country must identify the families that have been in public assistance for generation after generation and who have found the public assistance programs a way of life. They must offer these people the psychological assistance they need to break the string of public assistance in their generation. One more though, why don't we legalize marijuana and tax it like alchohol. Reading the articles recently, the mexican drug cartel is using our National Parks to grow their marijuana and along the way is destroying the environment of these parks. If the government legalized marijuana, farmers would benefit by having another crop to plant. Would hemp also be good to use in bio-fuels?

Allowing people to raid their retirement funds is not that great of an idea. The funds these people take out will not be there to benefit the rise back and in most cases, the funds they take out will never be replaced. The whole idea of a retirement fund is to have the money when you retire. Tax credit to employers creating jobs, yeah Joe Business creates 5 new jobs for the tax break and then fires 5 employees right after the tax break, or cuts their other employees work hours so they can hire 5 more employees. If you want to give tax breaks for creating jobs, then work out a tax break that's based on the improvement of the ratio of work hours per employee, or what I'm trying to say is, if the employee number goes up, then the work hours must rise to support the employee number your claiming. As far as the 90 day moratorium, banks wouldn't be foreclosing on mortgages if homeowners were acting in “good faith” to pay their mortgages prior to forecloser. Any re-negotiation of their mortgages should NOT REDUCE the amount of principle owed on the house, just the percentage rate and length of time to pay off, and the percentage rate should not be less than people who have good credit. Funds for State and Municipalities, that's a good one! We all know what happens to money given to states and municipalities. Everyone gets a peice of the pie before it finally lands where it is intended. Talk about trickle down economics.

If everyone takes 15% (up to $10,000) out of their IRS's or 401K's, then you can expect a 15% drop in the market. What do you think will happen to market value if everyone did this? This is a bad idea and will create havoc, not stability in the market.

Taking money out of your retirement fund when it is down this much, is just plain stupid. You will never recover your loses and that money is gone. The market will come back up, as we have seen from yesterday but, it will take some time.

You will still have to pay the taxes on that $10,000 just like earned income. So not only do you only get $7,000 of the 10 you take out but, it will increase your tax liability for the year, BAD PLAN.

A better plan would be to have a federal backed loan program out of your 401k or IRA where you have a fixed amount of time to pay it back without penalty, while the government forgoes the tax during the loan period.

Is anyone listening?

Obama never said anything about taking away money from the people who make <250,000 dollars a year, he never said anything about making greater tax cuts for people who do not pay income tax. There are americans out there who are working 2 and 3 jobs as a family and still do not make over 30,000 dollars a year. There are decent americans who go to work everyday and can't afford the basics in life. Not all people on welfare are leeches who just want a handout. Sometimes, we need to extend our charities to home, to our own country. No one bats an eye when money is sent to third world countries, but when it comes to helping our own people oh, then we have a problem. Someone made a comment in a previous post that he and his wife had two jobs apiece, and they worked hard to pull in over 250,000 ayear well maybe if one or both of them would work only one job then someone else who needs a job could have a job and if the tax cuts are given to the middle income americans they could benefit and spend more with their children.

"The top 5% have the most because they did something called SACRAFICE, HARD WORK, EDUCATION, LONG HOURS, FAILURE, FAILURE, FAILURE, and then SUCCESS."

Jimbo, unless of course you are John McCain who made his money the old fashioned way by marrying a beer heiress. And how about those people who inherit money from wealthy relatives. What exactly have they done to "sacrifice" besides kissing up to grandpa? BTW, where are Cindy McCain's tax returns? Why won't she disclose them?

pennsylvaniavoter

That is the state flag of Ohio the state he was in. you did know that there are state flags didn't you.

What the hell did he do to the flag?

While McCain tries to count how many houses he has and struggles to understand what the economy is all about (too late "my friend") Obama tries to give answers and come up with solutions to our current problems. This is what I am looking for on a lider. Obama-Biden 2008.

By the way boscoe McCains healthcare plan is refundable tax credit. btu you failed to mention that I wonder why.

Ok boscoe you and your wife make over a quarter million a year do you not feel morally obligated to help your fellow Americans that do not have the opportunities you have. I make a pretty decent wage myself not a quarter million a year but I have ablsolutely no problem if my taxes were to go up which they will NOT under Obama's plan. If you can help someone less fortunate than you I feel that it is very Patriotic to do so. Do you realize that some of the people that those higher taxes on people earning a quarter million or more per year will help people who have fought and become injured for yours and my freedoms. Also for people that are physically or mentally disabled how does your moral compass work does it constantly point right back at you. Why don't you just stop paying your income taxes there is no law that says you have to pay federal income taxes. You don't understand the thing taxes are used to pay for do you. Yes there are people who abuse the system and that sucks but there are poor, rich, and lazy people who do it. And a vast majority of the people that our taxes go to helping truly need the help. If there was no such thing as inflation there would be no need for our government to increase taxes ever but inflation exists and always will. And if you are going to tell people where to go to see what Obama's plan is don't send them to an opinion article send them directly to the plan. That is where they will get the real info. Just like if I want to see McCain's health care plan I would go and read the actual plan on his campaign's home page.

JimmyTmac: Gates and Buffet don't care much about this. They have enuough money to put up with Obama. The rest of us (except those getting the handouts) will feel the pain from Obama's redistribution of wealth. We will see our taxes go up to support welfare recipients who find responsibility a foreign word

speedy_453 - You call it redistribution of wealth, I call it tax breaks for people that actually need it. Warren Buffet doesn't need an extra $700,000. But I could sure use an extra $70. Bill Gates can afford to pay a little more than 15% taxes on his income. It would sure help me heat my home this winter if I were paying less than 33%

Obama's Plan according to Obama: He wants to REDISTRIBUTE wealth!

Is this what you want? Say hello to the welfare checks for irresponsible people who think having babies is a good way to earn an income. Say hello to QUOTAS! Is this want you want? Do you want OBAMA to redistribute your money?

Can somebody explain those strange flags behind obama in this blogs video? Please dont tell me that Obama has now redesigned the american flag.