Biden Cites Slumping GDP and Soaring Exxon in Assailing ‘Upside-Down’ GOP Tax Plan

I am still waiting for anyone to explain how McCain is any different than Bush on his stance on any issue. He can claim ‘change’ all he wants, but I think the only change he would truly be able to show would be the name on the oval office door.
Obama – for the future of America!

Hey ABC…why did you pull that Obama story about his aunt living in squalor in south Boston?

Now this hair plugged turd cares about the average middle class person. Where was this compassion when he was accepting millions from the credit card companies to take the lead on ramming that bancruptcy reform law down our throats? The same credit card companies giving his unqualified son a million dollar a year executive position. Oh yeah..the common man from Scranton alright.

0bama is the One who voted for giving the big oils the largest tax credits that resulted in what Joe Biden described as Soaring Exxon profit.
He pretends and tells you other wise.
McCain and Hillary Clinton both voted against giving the big oils tax credits.
Another boneheaded mistake, misjudgment by 0bama.

McCain voted against the tax cuts for exxon and other oil companies in the bush energy bill.
Obama voted for the tax cuts for exxon and other oil companies in the bush energy bill.
What hypocracy by Biden.
McCain voted against Bush.
Obama voted with Bush for tax cuts for il companies.
McCain showed Real change.

Both John McCain and Sarah Palin are going around the country raising fear in Americans by claiming communicating with our enemies is a sign of weakness and will undermine American security. Yet, had McCain been President during the Cuban Missile Crisis, it’s quite possible that we would not be here today. Simply, it was behind the scenes discussion between America and the USSR that brought us back from the brink of mutual annihilation.
For those who don’t know, in 1962 American intelligence discovered that Cuba was building nuclear missile launch sites to house Soviet missiles. These missiles would have been able to strike the United States with little warning. This frightening revelation led President John F. Kennedy to put up a naval blockade of Cuba in order to prevent the missiles’ arrival in Cuba. In response, the USSR signaled their willingness to confront the blockade.
Now, if McCain was President in 1962 and had been unwilling to talk without negotiated “preconditions,” the outcome would, more likely than not, have been the continuation of the Russian warships into the blockade. This would have ignited World War III, if not total mutual annihilation.
However, the ships were turned around, but not by force. While initiated by lower level officials in both countries, a willingness of the two sides to come together and talk brought us back from the precipice of destruction at the very last moment. In fact, it was only by a bit of luck that we did not completely destroy ourselves multiple times over. America and the USSR recognized the nearly catastrophic blunder of having no lines of communication by creating the “red phone” immediately afterward to ensure world ending mistakes did not happen.
We, as a nation, cannot afford to have to create communication lines in the midst of a crisis. McCain’s approach is simply a recipe for disaster of epic proportions. McCain has forgotten this important lesson. McCain is no friend of national security on this issue. We need a leader pragmatic enough to know when to use the Military, but also when to reach out.
Please send/recommend this to your friends and family. It’s important for us to critically evaluate this important plank. Our world quite literally depends on it.

Thank Joe “Credit Card” Biden. How about attacking MBNA and the other interest rate, late fee blood suckers.

Exxon still paid 43% in taxes.
Is Joe Biden getting more confused? He just never seems to make a lot of sense.

“Then he paused, perhaps reining himself in before drifting too far off-script.”
That’s because Axelrod probably has him wear an earpiece feeding lines to him.
Poor Joe is not allowed to run his mouth.

geevill…..you’re more pathetic than our Sarah Drag Palin. This republican is voting for the best team. OBAMA-BIDEN. Our GOP sounds more like hungry-angry hyenas. Calling name is so o o o old rhetoric.
Also, if your Sarah Palin did all that for Alaska, how come the Alaskans don’t know and hear of those?

Here are just three of Obama’s biggest lies:
Obama Lie No. 1 — I will tax just the rich.
There is no such thing as a tax on just the rich. Taxes on wealthy people affect everyone.
Remember, Obama defines anyone making over $90,000 a year as “rich.”
Joe the plumber discovered that Obama thinks Joe’s rich too. Under Obama, he WON”T be able to hire new employees and grow his business. Thus LESS JOBS.
Joe’s not alone. Obama says he’ll strip away the FICA cap at $90,000 for every worker. That means every dollar you earn over that amount, you’ll pay 7 percent!
Obama Lie No. 2 — I want to give a tax cut
to the middle class.
Baloney!
Obama says he will let the Bush tax cuts expire. That’s an automatic 5 percent (maximum) tax increase on almost all taxpayers.
Plus middle class folks pay capital gains taxes. Obama has said he wants to almost double them from a low of 15 percent to almost 30 percent.
He wants to hike the dividend tax, and he also has promised taxes on gas and energy.
Obama also wants to dramatically increase the estate tax, which had almost disappeared. There goes your idea of sharing your wealth with your kids in the future.
Obama Lie No. 3 — I want to make America
more secure.
Another outright lie.
In an age when crazies like Iran’s Ahmadinejad are building ballistic missiles and promise to “destroy” the United States and Israel, Obama has promised to gut the missile defense program created by President Reagan.
“I will cut investments in unproven missile defense systems,” Obama said.
He has promised to cut “tens of billions” of dollars from the Defense Department. In an effort to make us more “secure,” Obama plans to disarm us.
In the age of 9/11 can we afford such a radical Leftist in the White House?
No, we can’t.
H
Obama is not just a danger to our economy, with his plans to raise taxes and spend $800 billion in new programs.
He is a radical, out to reshape America beyond recognition.

I gAVE UP ON YOU PEOPLE. FINE! VOTE FOR MCCAIN 4 YEARS FROM NOW I WILL BE THE FIRST ONE TO SAY I TOLD YOU SO!!!

Are ya’ll serious with this tired old refrain of “how will mcCain be different from Bush”? I could ask how will Obama be different from Bush, I suppose, because I see McCain as distinct from Bush at least as much as Obama is.
Specifics? Okay, for openers– He would not sign a bill that contained earmarks. He would not sit quietly as government balloons, keeping his veto pen in his pocket, as Bush has done. He would build a bipartisan cabinet, not just have a token member of the out party, as both Clinton and Bush have done. He would use bailout money to focus on buying up home mortgages and refinancing them at their current market value, not the value they had when the loan originated. McCain would open offshore drilling and greenlight nuclear reactors. He would work to reduce greenhouse gases. Should I go on?
The whole “he voted with bush most of the time” business is way overrated. Obama has probably voted ‘with’ bush the majority of the times he voted as well– because most votes in the Senate are not on matters that are generated by the White House and many are general bills supporting something on which there is general consensus. Obama’s big supposed accomplishment, for example, of sponsoring a bill adding to the Nunn-Lugar Bill (NOT originating a program to reduce nuclear stockpiles, as some Dems want to spin it, but expanding an existing program)– the bill passed on voice vote, Bush supported that idea, signed it into law. So does that count as Obama “voting with the president”? They were on the same side of that issue, after all. So what? Not everything Bush did for the last 8 years was wrong, after all, regardless of what those suffering from BDS seem to think.
McCain is his own man with his own vision for the future of America. He has the experience and the abilities we need to lead us in times of crisis. He is ready to be president, and he is not a clone of George Bush. You don’t get to vote against Bush this time, guys. You have a clear choice to make and I hope that you will make the right choice.
Use your brain/Vote McCain

Yes, Joe, Exxon made record profits last quarter. They won’t this quarter, now will they? Those record profits mean healthy dividends for the millions of Americans who own Exxon stock. Exxon stock is held by lots of pension plans and others who benefit from the income derived from those dividends.
Those record profits also mean that Exxon paid record taxes last quarter– over 32 million dollars in a single quarter. That’s good for the government’s bottom line.
So don’t expect me to get too worked up about “record profits.” And don’t try to convince me that a tax cut for ALL corporations, which would of course include a cut for Exxon, would be a bad thing. If they get a big dollar amount of tax relief, that’s because they pay a big dollar amount of taxes in the first place.

moderate: that’s because they pay a big dollar amount of taxes in the first place.
Just because they have a 33% tax pay does not mean this is what they pay. The loopholes for those corporations are so big their lawyers make more money finding and creating more loopholes for them so they don’t have to pay their taxes then we do from them. Why do you think the middle class is in such a mess?

robert b: funny Clinton ran the country by increasing taxes, I never heard anyone complain then, not even the rich.

You don’t have to be a rocket scientist to figure out Obama’s tax plan is “backward”! He wants to heavily tax small businesses who give us 70% of our jobs, folks and if they are heavily taxed, folks, they CANNOT AFFORD more employees so LESS JOBS.Face the facts, You have got a sheer goofball for a canididate.

I’ve been looking over the Obama and McCain tax proposals.
My income is right about at the national average. Under Obama, I’ll keep the equivilent (of MY money, money I’VE worked for) of an extra half-paycheck every year, or a full paycheck if I get married. Not too shabby.
Under McCain, I get jack.
Under Obama, the company I work for would pay a few percent more in taxes; however, they could easily offset this by discontinuing the export of functions to India and instead hiring American workers.
Under McCain, they would get nice tax benefits by closing down my workplace and sending all the job functions to India.
Under Obama, my boss’s boss will have to pay additional taxes. The amount of additional taxes works out roughly to what Sarah Palin pays for hair, makeup and wardrobe for a single appearance. My boss’s boss might have to forego the diamond cufflinks this holiday season.
Under McCain, while my taxes hold steady, my boss’s boss gets a substantial cut to his taxes, enough for those diamond cufflinks plus a new Jag to play with on weekends (on top of the customary fat executive bonus).
And I see that when independent analysts compare the plans, not only is Obama’s significantly better for the middle class, it reins in deficit spending better than McCain’s plan.
“Joe” (Sam) the (unlicensed) “Plumber” (aspiring country music star) who plans to (not) buy his own (hypothetical) business will feel no pain unless he reaches the top 1.5% of household incomes, at which point he can form a support group with all of his very wealthy friends… assuming he decides to actually pay his taxes this time around.
Don’t take my word for it. Do the research, get the facts. And when you know the truth, compare it to what McCain, Palin, and their paid operatives on these boards are saying. Education is the only antidote to the toxic stew of lies, smears and fabrications coming from the McCain camp.

http://finance.yahoo.com/q/mh?s=XOM
Exxon Major Holders
NORTHERN TRUST CORPORATION 65,925,596 1.27 $5,810,022,775 30-Jun-08
http://www.washingtonpost.com/wp-dyn/content/article/2008/07/01/AR2008070103008_pf.html
Shortly after joining the U.S. Senate and while enjoying a surge in income, Barack Obama bought a $1.65 million restored Georgian mansion in an upscale Chicago neighborhood. To finance the purchase, he secured a $1.32 million loan from Northern Trust in Illinois.
The freshman Democratic senator received a discount. He locked in an interest rate of 5.625 percent on the 30-year fixed-rate mortgage, below the average for such loans at the time in Chicago. The loan was unusually large, known in banker lingo as a “super super jumbo.” Obama paid no origination fee or discount points, as some consumers do to reduce their interest rates.
Compared with the average terms offered at the time in Chicago, Obama’s rate could have saved him more than $300 per month.
Obama spokesman Ben LaBolt said the rate was adjusted to account for a competing offer from another lender and other factors. “The Obamas have since had as much as $3 million invested through Northern Trust,” he said in a statement.
Hey Joe Biden
OBAMA IS PROFITING FROM EXXON!!!!!!!!!!

geevill ,
Dodd taught him well .

I can’t believe that so many people are willing to hand their money over to millionares because they think someday they might be rich enough to get the same treatment.
But that’s the GOP “American Dream”. Giving money to the filthy rich at the expense of the middle class.
Because that’s “Americun”.
If you suggest a econimic policy that is more equotable and benefits the vast MAJORITY of Americans, that is evil.
I guess “government for the people, by the people” is just a bunch of words to the Pubs these days.
It’s now government for the corporations, by the corporations.

Forget all this finger pointing between the candidates on taxes, healthcare, and partisan blame.
I want to see someone stare right into the camera and tell the truth to Americans. Obama blew his opportunity last night. In the past, he’s talked about Americans needing to do the right thing and sacrifice at times, but then he slips into that pandering act to the ‘middle class’.
Here’s the text of what needs to be said: “You know the gov’t can’t fix everything. We can’t just create jobs out of thin air…or guilt companies into bringing them back from China and India. And we certainly can’t keep sending out stimulus checks. Why? Because folks head out to Wal-Mart and the gas station, pumping money right back into the hands of those they claim to despise. What can you do? Go without the inflatable Santa doll for your yard this year. Quit buying the cheap goods from China, just because you can or the price is too good. As yourself if you ‘need it’ or simply ‘want it’. Walk to the store. Ride your bike. Carpool. Lobby the pub transportation authority to put a stop closer to your neighborhoood, and take the bus to work.
Jobs are going to China because you keep buying their cheap goods. That demand ramps up the hiring of cheap labor, etc.
Consider your fellow Americans when you purchase those ‘need it’ items. If 2 items fit the need, look at their origin. If the American product is more expensive, bite the bullet and support your fellow Americans.
People tell me all the time they’re driving less or buying American or conserving electric. But I’m telling you that the large trends in this country tell a completely different story. Try harder. It’s you…not me…not the gov’t who’s gonna make this happen.”

“funny Clinton ran the country by increasing taxes”
NO he didn’t. The capitax gains tax cut spurred the economic boom. The same taxes Obama wants to raise because it’s “fair”.

snacilbupeR
Step aside ….. we are tired of going backwards.
step aside.

There is an old saying be careful what you wish for you might just get it and with Obama we will get it alright

Anyone ever here of the misery index???
http://www.miseryindex.us/indexbypresident.asp

Independent realist,
Seems like good stuff dan carlin that is only got to listen for ten minutes or so though Going to listen to more tomorrow night though

I figured let me start with the one you said

I see he is backing his plans up you know now hes down to 200,000 for working families and No mention of nuclear power which he stated he was for in the debates

So many layoffs, 250000 isn’t middle class anymore

I did see him speak to 35000 supporters in FLA though. I also saw were joe the plumber blew off McCain.
Go figure

Well if we keep this republican/Bush/McCain economy going it may go lower than 100000
Did you have to layoff your 2 employees?

Independent realist,
I am keeping eveyone for awhile hopefully if people cant buy cars they will have no choice but to fix them

Independent realist,
I belive that was one of Regans greatest attributes.

Oh I hate letting people go but firing someone is a whole bunch easier

I couldn’t agree more about Reagan. I didn’t like his politics, but he looked and acted presidential. He made you feel like he was in control.

we need alternative fuels with many producers and put a competitive market back in place—-the drill drill bs is just that palin would love it as alaska has oil and would rip us off to no end.
electricity is getting under controll 6% produced by oil—-now we need to deal with heating and fuel.
exxon john is done.

I do think he looked presidential If they spent that kind of money on me They could make me look presidential as well

He has I give him that I am not a big fan of the two parties but we also get no independents that can win Hell I voted for ross perot .People were scared of him I bet the world we be a much diffrent place today had he got elected

McCain was a better choice than Bush in 2000. His was against tax cuts for the rich, which he now supports. Now, he will just do anything he can to try and get elected, which is a shame.

you seek that which cannot be had.
you wish the un wishable.
you see that which is not there.
you fear the emotions of loss
you are not in control.
you deny the truth you deny yourself.
you listen to a false phophets that spread the unproven as the proven.
brothers and sisters November 4, 2008 is the day we will wait for and on that day we will rise as one for they have shown there hand and it is false.
until then patience and vigilance.
WE will unite on vote Nov 4 for we are the democracy of these UNITED STATES and on that day WE will tell the world we have made our choice and it is
not barrack obama.

Ind realist your comment only varifies what we already know, you fear the loss which controls your emotions, therefore you are not control and lash out.
this is expected from those that fear the truth.

Gee, and you people accuse Joe Biden of making weird staements!
Trying to promote civil war, Jackyl? Us against Them, huh? Just what we need – a few more whackos like you stirring the pot.

CNN’s Campbell Brown sounded off on Sen. Barack Obama’s unprecedented amount of campaign money.
—You may have heard that Wednesday night Barack Obama will be on five different TV networks speaking directly to the American people.
He bought 30 minutes of airtime from the different networks, a very expensive purchase. But hey, he can afford it. Barack Obama is loaded, way more loaded than John McCain, way more loaded than any presidential candidate has ever been at this stage of the campaign.
Just to throw a number out: He has raised well over $600 million since the start of his campaign, close to what George Bush and John Kerry raised combined in 2004.
Without question, Obama has set the bar at new height with a truly staggering sum of cash. And that is why as we approach this November, it is worth reminding ourselves what Barack Obama said last November.
One year ago, he made a PROMISE. He pledged to accept public financing and to work with the Republican nominee to ensure that they both operated within those LIMITS.—
We can all rest assured, however, that if a Republican candidate had explicitly promised to take public financing only to change his mind once he had gotten the nomination, then went on to raise more than $600 million dollars, roughly two thirds of which has been raised through fraud-enabling practices (credit card fraud), and outspent his opponent by three-to-one on TV, that’d be cool, too. Right? What, no?
In Palm Beach, Florida, today Sen. John McCain, R-Ariz., attacked Sen. Barack Obama’s pending 30-minute prime-time address as a “gauzy, feel-good commercial,” that was “paid for with broken promises.”

Yeah, what’s up with businesses making profits!
Somebody must stop this!

OK
Income tax means tax on income after expenses. So for example, if someone has a company and actually earns income in this pathetic economy. The tax would be on PROFITS, how would that keep a business from hiring needed workers, giving pay raises, etc. all of those things are business expenses and written off as such.
For Christ’s sake, the ones who are going to really be hurt by the tax increases are the ones who have excesses of money (those folks have been manipulating our economy and don’t produce one damn thing). And by hurt I mean they will have less power and influence, like that “Clinton Donor” who’d honeymooned in the White House recently rebelled to McCain. She made her money the old fashioned “republican” way, she got government broadband licenses for FREE (her first husband was a politician) and then sold them for 100 million. Then she started a broadband company in Europe, capitalized it for 1 billion, and that went belly-up, but she sold that for a profit.
By the way her husband and his family have been selling their banking business in europe to China one piece at a time.
Lady Rothschild and all like you, you’ll be taxed on your “profits” no matter how honorably (or dubiously in your case how you made them) so cry us a river on why you’ve split from the Democratic party. The hard working American people are better off without you, stay in England with your British Lord husband enjoy your money made on the backs of the American investors and the Chinese (slave) labor.

The Doctor,
please take a class on economics in school, than after you have any knowledge of it come back and tell as all about it.

Wow! Exxon made tons of money. I guess they should just give away gas for free? It’s a company if you don’t like it don’t buy their product and shut up!