posted on September 14, 2010 01:57:16 PM new
Well, they couldn't do any worse.
This email that is currently going around is hilarious:
THANK GOD FOR THE PRESIDENT
Written by a 82-year-old very wise lady. She gives us a whole new slant on the amazing job Obama is doing:
That is right - I will say it -- "THANK GOD FOR THE PRESIDENT.
1. He destroyed the Clinton Political Machine - driving a stake through the heart of Hillary's Presidential aspirations -something that no Republican was ever able to do. Remember when a Hillary Presidency scared the daylights out of you!
2. He killed off the Kennedy Dynasty - no more Kennedys trolling Washington looking for booze and women wanting rides home. American women and freedom are safer tonight!
3. He is destroying the Democratic Party before our eyes!
Dennis Moore had never lost a race - quit
Evan Bayh had never lost a race - quit
Byron Dorgan had never lost a race - quit
Harry Reid - soon to be GONE
These are just a handful of the Democrats whose political careers Obama has destroyed! By the end of 2010, dozens more will likely be gone.
In December of 2008, the Democrats were on the rise. In the last two election cycles, they had picked up 14 senate seats and 52 house seats. The press was touting the death of the Conservative Movement and the Republican Party. In just one year, Obama put a stop to all of this and will probably give the House, if not the Senate, back to the Republicans.
4. He has completely exposed liberals and progressives for what they are. Every generation seems to need to re-learn the lesson on why they should never actually put liberals in charge. He is bringing home the lesson very well.
Liberals tax, borrow, and spend - check
Liberals can't bring themselves to protect America - check
Liberals want to take over the economy - check
Liberals think they know what is best for everyone - check
Liberals aren't happy until they are running YOUR life - check
5. Obama has brought more Americans back to conservatism than anyone since Reagan. In one year, he has rejuvenated the conservative movement and brought out to the streets millions of freedom-loving Americans. Name one other time in your life when you saw your friends and neighbors this interested in taking back America !
6. His amazing leadership has sparked the greatest period of sales of firearms and ammunition this country has seen. Law-abiding citizens have rallied and have provided a "stimulus" to the sporting goods field while other industries have failed, faded or moved off-shore.
7. In all honesty, one year ago I was more afraid than I have been in my life. Not of the economy but of the direction our country was going. I thought Americans had forgotten what this country was all about. My neighbors, friends and strangers proved to me that my lack of confidence of the greatness and wisdom of the American people was flat wrong.
8. When the American people wake up, no smooth-talking teleprompter reader can fool them!
Barack Obama is waking up America !
Again, I want to say "Thank You Barack Obama! This is exactly the kind of change we desperately needed."
posted on September 15, 2010 12:50:31 PM new
Tea Party candidates won huge today.
30 Governorships slated to go GOP.
This election is going to hit like Thor's hammer.
The best thing is watching all the lefties twisting and turning. In NJ, the teachers have been milking it for decades because it's "for the children". Raises every year, etc. Christie is crushing the teacher unions with the blessing of all. They're aghast. IMAGINE. Contribute to their health plan?? heresy. Fire half the school superintendents with their staffs and cars and combine districts??? OMG. No double digit raises??? Scores may suffer! Oh, wait, they're already dropping, scratch that.
Tea Party rhetoric should probably be less "revolution" and more "join the real world".
posted on September 15, 2010 01:15:40 PM new
This is without the average idiot knowing about what's happening next year. When they do, there will be more to worry about than "tea parties".
On January 1, 2011, here’s what happens...
First Wave:
Expiration of 2001 and 2003 Tax Relief
In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families. These will all expire on January 1, 2011.
Personal income tax rates will rise.
The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed).
The lowest rate will rise from 10 to 15 percent.All the rates in between will also rise.
Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates.
The full list of marginal rate hikes is below:
a.. The 10% bracket rises to an expanded 15%
c.. The 25% bracket rises to 28%
e.. The 28% bracket rises to 31%
g.. The 33% bracket rises to 36%
i.. The 35% bracket rises to 39.6%
Higher taxes on marriage and family.
The "marriage penalty" (narrower tax brackets for (married couples) will return from the first dollar of income.
The child tax credit will be cut in half from $1000 to $500 per child.
The standard deduction will no longer be doubled for married couples relative to the single level.
The dependent care and adoption tax credits will be cut.
The return of the Death Tax.
This year only, there is no death tax. (It’s a quirk!) For those dying on or after January 1, 2011, there is a 55 percent top death tax rate on estates over $1 million. A person leaving behind two homes, a business, a retirement account, could easily pass along a death tax bill to their loved ones. Think of the farmers who don’t make much money, but their land, which they purchased years ago with after-tax dollars, is now worth a lot of money. Their children will have to sell the farm, which may be their livelihood, just to pay the estate tax if they don’t have the cash sitting around to pay the tax. Think about your own
family’s assets. Maybe your family owns real estate, or a business that doesn’t make much money, but the building and equipment are worth $1 million. Upon their death, you can inherit the $1 million business tax free, but if they own a home, stock, cash worth $500K on top of the $1 million business, then you will owe the government
$275,000 cash! That’s 55% of the value of the assets over $1 million! Do you have that kind of cash sitting around waiting to
pay the estate tax?
Higher tax rates on savers and investors.
The capital gains tax will rise from 15 percent this year to 20 percent in 2011.
The dividends tax will rise from 15 percent this year to 39.6 percent in 2011.
These rates will rise another 3.8 percent in 2013.
Second Wave:
Obamacare
There are over twenty new or higher taxes in
Obamacare. Several will first go into effect on January 1, 2011.
They include:
The "Medicine Cabinet Tax"
Thanks to Obamacare, Americans will no longer be able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin).
The "Special Needs Kids Tax"
This provision of Obamacare imposes a cap on
flexible spending accounts (FSAs) of $2500 (Currently, there is no federal government limit). There is one group of FSA owners for
whom this new cap will be particularly cruel and onerous: parents of special needs children.There are thousands of families with special needs children in the United States , and many of them use FSAs to pay
for special needs education.Tuition rates at one leading school that teaches special needs children in Washington , D.C. (National Child Research Center ) can easily exceed $14,000 per year.
Under tax rules, FSA dollars can not be used to pay for this type of special needs education.
The HSA (Health Savings Account) Withdrawal Tax Hike.
This provision of Obamacare increases the
additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAsand other tax-advantaged accounts, which remain at 10 percent.
Third Wave:
The Alternative Minimum Tax (AMT) and Employer Tax Hikes
When Americans prepare to file their tax returns in January of 2011, they'll be in for a nasty surprise-the AMT won't be held harmless, and many tax relief provisions will have expired.
The major items include:
The AMT will ensnare over 28 million families, up from 4 million last year.
According to the left-leaning Tax Policy Center ,Congress' failure to index the AMT will lead to an explosion of AMT
taxpaying families-rising from 4 million last year to 28.5 million. These families will have to calculate their tax burdens
twice, and pay taxes at the higher level. The AMT was created in 1969 to ensnare a handful of taxpayers.
Small business expensing will be slashed and 50% expensing will disappear. Small businesses can normally expense (rather than
slowly-deduct, or "depreciate" equipment purchases up to $250,000. This will be cut all the way down to $25,000. Larger businesses can currently expense half of their purchases of equipment.
In January of 2011, all of it will have to be "depreciated."
Taxes will be raised on all types of businesses. There are literally scores of tax hikes on business that will take place. The biggest is the loss of the "research and experimentation tax credit," but there are many, many others. Combining high marginal tax rates with the loss of this tax
relief will cost jobs.
Tax Benefits for Education and Teaching Reduced.
The deduction for tuition and fees will not be available.
Tax credits for education will be limited.
Teachers will no longer be able to deduct
classroom expenses. Coverdell Education Savings Accounts will be cut.
Employer-provided educational assistance is
curtailed.
The student loan interest deduction will be
disallowed for hundreds of thousands of families.
Charitable Contributions from IRAs no longer
allowed.
Under current law, a retired person with an IRA can contribute up to $100,000 per year directly to a charity from their IRA.
This contribution also counts toward an annual "required minimum distribution." This ability will no longer be there.
And worse yet?
Now, your insurance will be INCOME on your W2's! One of the surprises we'll find come next year, is what follows - - a little "surprise" that 99% of us had no idea was
included in the "new and improved" healthcare legislation . . .
those who backed this administration will be astonished!
Starting in 2011, (next year folks), your W-2 tax form sent by your employer will be increased to show the value of whatever health insurance you are given by the company. It does not matter if that's a private concern or governmental body of some sort.
If you're retired? So what... your gross will go up by the amount of insurance you get.
You will be required to pay taxes on a large sum of money that you have never seen. Take your tax form you just finished and see what $15,000 or $20,000 additional gross does to
your tax debt. That's what you'll pay next year.
For many, it also puts you into a new higher
bracket so it's even worse.
posted on September 15, 2010 01:50:14 PM new
i honestly hope the right wins the next election just so these morons can shut the f up again.
then when nothing is any different a few years down the road we can watch them change the story to 'these things take time' instead of 'OMG, the world is ending and we have to go get abortions tomorrow while saluting a communist flag.'
same BS, it just isn't your team with possession of the ball. and by 'your team' of course I mean 'white man' because in the end that's all this is really about anyway.
if skeletor and palin the magnificent were in office everything would be just the same in the economy, if not worse, but there wouldn't have been any attempts at health care or the like, because you gotta STAY THE COURSE. just keep doing the same thing that doesn't work because eventually, it will. trust us.
posted on September 15, 2010 02:02:20 PM new
I'll make this simple for you. It doesn't matter what your political philosophy is and it is also not true that "things will never change".
You see EVERYTHING which has occurred was predicted and has executed like clockwork. Bush predicted it and McCain introduced a bill to prevent it which Barney and the boys defeated.
The simple truth: You cannot lend money to people who cannot pay it back.
Simple truth 2: If you bailout people who could not pay back a debt, they cannot pay the bailout either.
Now the age old leftist theory that people deserve to live as well as you because they exist is being contested by most everyone.
People are just FED UP. And 2 years from now, if government mirrors the last couple of years, they'll all be gone too.
posted on September 16, 2010 11:01:14 AM new
Squirrel's eloquent post is copied directly from rense.com, a definitely unbiased source. funny that Rense doesn't seem to notice that the continuation of tax cuts for 98% of the people in this country are being held hostage by Republicans.
Destruction of the democratic party? Gimme a break. The Republican party is so factionalized it's breaking apart. Study what happened to the Whigs and there are striking similarities. It's becoming a party run by racist, koran burning nutballs who will surely be run out of town on a rail once they assume any measure of power. The country club republicans are living in fear of the tea party, which has managed to completely stymy them. Who are they going to run in 2012? If they run any of their good old boys the tea party will have fits. If they run Palin, she's still widely viewed as unelectable. Independents will never vote for her. Personally, I can't wait for the Republican presidential debates. Caribou Barbie vs. Family values Newt ought to be high comedy.
posted on September 17, 2010 05:36:21 AM new
Do you speak French?
emigrate to France!
*
There is no 'Global savings glut',only wild horses and loose bankers.
posted on September 17, 2010 12:10:50 PM new
"Squirrel's eloquent post is copied directly from rense.com"
It's from Kiplinger Mag. Please point out the incorrect items as opposed just silly theories of how numbers have "bias".
People are not going to vote for Palin, etc, etc. They are going to vote for WHOEVER ISN'T.
WHOEVER ISN'T Obama
WHOEVER ISN'T their current senator
WHOEVER ISN'T their current congressman
Yeah that GOP is just falling apart.
I remember a thread here where a poster wrote of breaking into tears at an Obama speech. With the poverty level the highest in 50 years, I burst into tears every time he opens his mouth now also.
posted on September 17, 2010 06:13:50 PM new
Do you think it is his fault, poverty level is the highest?
*
There is no 'Global savings glut',only wild horses and loose bankers.
posted on September 17, 2010 09:37:01 PM new
No. He just, as expected, did absolutely nothing. The fix involves screwing over people that give him and his crew their jobs. It used to be enough to give welfare to unions, civil servants and trash. Now they are finally draining the lifeblood from the general populace. No more silent majority.
posted on September 18, 2010 06:02:23 AM new
I wonder if Hugo has named a successor,because Obama is very well qualified to step in and run the country.
I warned you folks about him,our family left China after the Coummunist Revolution but many of our relatives remained.
They were given ration tickets-1/2 yard of fabric each year,10 ounces of meat each month,it was not until 1980 when they installed public phone booths in the street and my uncle lined up to call my father in HK.
They have no clue how capitalism works,they see merchandise in the stores and they dont have money to buy them.
My parents went home to visit relatives and for each of my cousin,my mother packed a suit case of clothes,but my uncle did not think they have done enough so he took my mother to the dept store and made her buy more ,picked out the most expensive sweaters and demanded she bought them.
They even sent out samples of what they ate,peeled tree barks to supplement their diet,in some area,people went so hungry they swallowed sand on the beach.
And now we are complaining Chinese makes everything,the stuff just keep on coming,so what has changed?
Even Cuba is laying off govt workers,and we are going to build a big government bureaucracy stuffed with union members of course!
*
There is no 'Global savings glut',only wild horses and loose bankers.
equipment purchases up to $250,000. This will be cut all the way down to $25,000. Larger businesses can currently expense half of their purchases of equipment.
funny that Rense doesn't seem to notice that the continuation of tax cuts for 98% of the people in this country are being held hostage by Republicans.