By Jennifer Parker

Oct 28, 2008 7:24pm

When Democrats Win on Taxes, They Win Elections

In the last days of the election, John McCain has sought to hammer home his argument that that an Obama administration would raise voters’ taxes.

However Barack Obama appears to be effectively making his policy pitch that he would give 95 percent of Americans a tax cut and raise taxes for families making over $250,000. 

McCain’s "Joe the Plumber" argument is probably giving him some headway but interestingly, Obama still maintains a ten-point lead over McCain — 51 to 41 percent — on who voters trust more to handle the issue of taxes, according to the latest ABC News/Washington Post poll.

The last Democratic candidate for president to have that kind of lead on taxes was Bill Clinton in 1992, who led then-President George H.W. Bush 41 – 30 percent on trust to handle taxes.

When Democrats win on taxes, they tend to win elections.

–George Stephanopoulos

User Comments

Obama is not going to win this argument! It has been clear that he started off saying people who earn 1 Million a year, than he dropped it down to 250,000.00 in his Debate third debate he said 200,000.00 and his recent Web add backs that up see link below. Now we have Biden out there saying 150,000.00 which is a far cry from the 1 Million Obama started at back in 2007!
I think the American People are really starting to open their eyes to this guy and his numbers are slipping very slowly! The New Gallop Poll shows him up only 2 now, and with 6-8% undecided it is not looking good for Team Obama! Below is the link of Obama’s web add which he clearly states $200,000.00 not the 250,000.00 he has been saying!
http://worldnetdaily.com/index.php?fa=PAGE.view&pageId=79319

Posted by: chuck | October 28, 2008, 7:41 pm 7:41 pm

George: “With seven days left, I will do everything in my power to make sure he wins the tax arguement”

Posted by: Duke | October 28, 2008, 7:42 pm 7:42 pm

People are going to believe and hear what they want to believe and hear. If it sounds too good to be true, IT IS.

Posted by: Lisa Again | October 28, 2008, 7:43 pm 7:43 pm

Tell us George, what then happened when Clinton got in office after he ran on lowering taxes????????????????????????????????????????????????????????????????????????????????????????????????????????????

Posted by: Fools | October 28, 2008, 7:44 pm 7:44 pm

George, you are not being honest.Most of the major polls show he is losing that spin.You media people are really a joke who ever wins.R.I.P media.

Posted by: dave | October 28, 2008, 7:45 pm 7:45 pm

Wake up America, do not believe this guy for one minute. Look up his voting record in the Senate. He has lied over and over again and is now getting the American public to fall for his lies. PLEASE PEOPLE WAKE UP BEFORE IT IS TOO LATE.

Posted by: TheRealTruth | October 28, 2008, 7:46 pm 7:46 pm

Dear George:
Of course, Obama will say anything until he get elected, but read this
“3. Obama advocated dramatically increasing taxation on “the rich” even up to the 100% level, arguing that, “there is no limit to taxation if the benefits derived from public services by society measure up to the cost in taxation which they have to pay” (p. 30) and that, “Theoretically, there is nothing that can stop the government from taxing 100% of income so long as the people get benefits from the government commensurate with their income which is taxed.” (p. 31)…….from “Obama Hid His Father’s Socialism From Readers.”.. from his own paper.

Posted by: Ed | October 28, 2008, 7:47 pm 7:47 pm

Sorry dave, you’re not being honest with yourself. You right-wingers always got to to blame the media for everything. You are incapable of seeing that it’s McCain’s argument about keeping business as usual for the rich and and big companies is really the selling point for Obama. Don’t go away mad, just go away

Posted by: Rob | October 28, 2008, 7:51 pm 7:51 pm

Lisa Again: “People are going to believe and hear what they want to believe and hear. If it sounds too good to be true, IT IS.”
Exactly. And what I hear John McCain saying is big tax cuts for everyone and reduction in the deficit by cutting pork – which in TOTAL are less than 10% of the annual deficit.
And you think Senator Obama, who admits where and how he’ll move to get the budget balanced, is the one spewing too good to be true fantasies?

Posted by: jhw539 | October 28, 2008, 7:51 pm 7:51 pm

You really need another job, George, of course you want Obama to win. You ABC people are so prejudiced it is almost laughable. I think all of you, Charles Gibson, Diane Sawyer and you have lost such credibility with the public. I have heard so many people say they will never watch ABC again, whoever wins. I have been watching and the people who are so opposed to you are certainly right. The media is really stupid.

Posted by: Janice | October 28, 2008, 7:52 pm 7:52 pm

Of course, and George lives in an alternative universe. George has an incentive in saving the Obama candidacy when he corrected him on his faith. Yup, George doesn’t have any bias in this…

Posted by: Gina | October 28, 2008, 7:52 pm 7:52 pm

Repubs scream WOLF some more.
“TRUST US, THIS TIME WE MEAN IT!”
BYE-BYE, REPUBS!
OBAMA = PREZ
McCAIN = TOAST

Posted by: Ed from MA | October 28, 2008, 7:52 pm 7:52 pm

Yes, Obama is winning the tax argument, and McCain is a fool to have not come up with his own tax plan for the middle class that is the equal to Obama’s. If McCain did that, he would win. His advisors are fools too, but he is the one who is listening to them.
But there is a chance McCain still can win, because the public is beginning to see that Obama is a socialist, and the public will not elect a socialist, once they know that’s what he is.
It’s not the tax argument alone that makes him a socialist. It’s that the tax argument is the tip of the iceberg for a whole socialist way of thinking — including massive wealth redistribution, massive government spending programs so that the government will start giving people what the government is obligated to give them under the due process clause of the constitution (to use Obama’s own words in his recently revealed 2001 interview.
It also includes massive socialist judicial activism by the radically liberal judges he will appoint to the Federal Judiciary.

Posted by: Jake Long | October 28, 2008, 7:52 pm 7:52 pm

George, your are part of the new TASS regime, correct? I had hope for you after you left the Clinton stronghold, but you have fallen into the pitcher again. You are talented, but you’ve got to be yourself. Take a chance George, climb over the fence, report a little from each side. It’s easy to report on the Dems because they say what everyone wants to hear. That’s like copying someone elses test answers. Have some pelotas de steel mi hermano Jorge. You can do it.

Posted by: Golden_Eagle | October 28, 2008, 7:53 pm 7:53 pm

So, you GOP apologists still don’t get that McCain is a tired, old, wounded warrior fighting a losing battle in this election? Palin, the big drag, is looming behind him like a shadow in a daylight that he cannot run away from. Bush’s failed economic policies which McCain voted for 95% of time plague him like a terminal cancer. McCain’s judgement is flawed. Keep up with the wishful thinking—it gives temporary relieve in times of hopelessness.

Posted by: what667 | October 28, 2008, 7:54 pm 7:54 pm

George,
You more than anyone would remember GHWB promising “NO NEW TAXES” in 1992 and still could not beat Billy your old Boss. You would think McCain will have the wisdom to look back and learn a thing or two form that election. But then again his campaign strategy (If there is one) has been nothing but disastrous. What would a person like you who has successfully run two presidential campaigns advise Rick Davis? I heard Chris Matthews the other day suggesting you and Carville call Davis and help him out – since David Axelrod was not willing to do that!

Posted by: Emanuel | October 28, 2008, 7:54 pm 7:54 pm

Fools: “Tell us George, what then happened when Clinton got in office after he ran on lowering taxes?”
He balanced the budget, approved welfare reform that halved the rolls, oversaw a major economic expansion, and handed off such a large SURPLUS to President Bush that one of President Bush’s first moves was to literally send everyone a few hundred dollar check (and cut taxes, since Republicans seem to love running up the national credit card and can’t stand to be without a deficit).
Thanks for the memory. It’s a much fonder one than the disaster of Republican “Read my lips: no new taxes.”

Posted by: jhw539 | October 28, 2008, 7:55 pm 7:55 pm

George Stephanopoulos i so much in love with Obama. He acts like a little B1tch whenever he talks about Obama

Posted by: dan the man | October 28, 2008, 7:57 pm 7:57 pm

Janice, if you dislike ABC so much, why are you on here commenting. George is just telling things from his point of view. The problem with people in the US is that they want their own views, but they want everyone else to agree with them. Learn to respect the fact that others have different opinions and that the reporters for the news media have a right to their own opinion. The problem with Republicans is that they want to supress any opinion that does not support their own. And by the way, I want Obama to win too. That’s why I have voted for him. So has my family and my co-workers. Unless you know the entire population of the US and all those who vote, how in the world would you know what the rest of us think.
Obama/Biden 08!!!!

Posted by: SayWhat | October 28, 2008, 7:57 pm 7:57 pm

Jake Long: “a whole socialist way of thinking — including massive wealth redistribution, massive government spending programs so that the government will start giving people what the government is obligated to give them under the due process clause of the constitution ”
The word “socialist” actually has a detailed definition, and it does not appear to match what you’re talking about. At all. If you want to communicate effetively with people not steeped in the unique re-defined “English” of the far Right, please try to stick to the accepted meaning for words or at least give us how you are redefining them.
Calling Obama’s plan socialist is absurd and makes you look rather ignorant of basic political concepts.

Posted by: jhw539 | October 28, 2008, 7:58 pm 7:58 pm

Anyone with a brain knows that the tax system right now is not working. McCain wants more of the same. If you agree with him you’ll vote for McCain. Like most Americans I want to change the tax structure to get our country back on track.

Posted by: JJ | October 28, 2008, 7:59 pm 7:59 pm

Jake Long -
Please give a speific example of how he will redistribute the wealth – how he will single handedly cahgne the judicial system and judges, how he will make this republic we live in any more socialistic than it has already become by bailing out the ultra wealthy wall street people.

Posted by: jozy | October 28, 2008, 7:59 pm 7:59 pm

I don’t think anyone seriously believes they’re going to receive a tax cut. It’s just all talk to get your vote. Get real.

Posted by: grams | October 28, 2008, 7:59 pm 7:59 pm

I think the likelihood of the “empty head” Sarah Palin assuming the presidency is the scariest thing of all that the thought of Obama being a ‘socialist” pales in comparison.

Posted by: what667 | October 28, 2008, 8:00 pm 8:00 pm

Clinton lived off Reagan’s economy. He did not build one himself. The liberals are pathetic. Support yourselves for once. No more handouts. Stand on your own two feet. Your messiah has no experience and will be even more lost than his supporters are now. Conservatives will survive either way because we are used to working hard for a living and not waiting on the next welfare check in the mail.

Posted by: rtk | October 28, 2008, 8:00 pm 8:00 pm

lol nice to see all the dams don’t come here any more b/c there’s no point in arguing with the conservative trolls, there’s literally NO way mccain can win other than a national disaster, no presidential candidate has made a come-back this late in the game, Reagan made a comeback at a similar time (i think “2 weeks ago” or something), and Reagan wasn’t running in an environment toxic to repubs… that and mccain is no reagan.

Posted by: rage.against | October 28, 2008, 8:00 pm 8:00 pm

So what’s up with the R’s? guess it’s a case of “If you don’t like the message,attack the messenger.” We’ve seen it everytime someone comes out with news that doesn’t fit with their narrow view. What we hear is “the liberal press.” Give us a break guys.

Posted by: Stephen | October 28, 2008, 8:01 pm 8:01 pm

My goodness, is George Stumpulumpugus sleeping with Obama? He defends him and pulls for him more than most men defend and stand up for their wives. What a girl, I can’t stand watching him talk, it’s like he’s always on the verge of crying.

Posted by: Jimbo | October 28, 2008, 8:01 pm 8:01 pm

Dear Rob and anyone else living in denial:
http://abcnews.go.com/Business/story?id=6099188&page=1
I dare you to read it.

Posted by: Tray | October 28, 2008, 8:02 pm 8:02 pm

Don’t you all realize that McCain wants to create jobs for Americans by letting the richest people in this nation keep all their money. Remember Bush did the same thing, and now everyone has as many jobs as they want. The liberal media just tells you all lies about this. They even reported that theU.S. lost 750,000 jobs last year, when Bush really created 1,000,000 jobs! Please vote for McCain and let him and his friends get richer! No Obama.

Posted by: bob | October 28, 2008, 8:02 pm 8:02 pm

janice, when was the last time that Hannity and the rest of the Fox noise loud mouths said anything positive about Democrats? They are always accussing the Democrats as “liberals.” I guess the Democrats should accuss the Republicans as “conservatives” with a warped economic mentality.

Posted by: what667 | October 28, 2008, 8:03 pm 8:03 pm

Most of the Obama trolls are really George Stephanopoulos and Jake Tapper.
NBC = Nothing but Barack Channel

Posted by: Treoban | October 28, 2008, 8:04 pm 8:04 pm

chuck
What planet are you on?

Posted by: The Unshrub | October 28, 2008, 8:05 pm 8:05 pm

Democrats are the Black Party
MLK was a Republican so he was not a real black

Posted by: what667 | October 28, 2008, 8:05 pm 8:05 pm

I don’t doubt for a moment that Obama is winning on the Tax issue by double digits. Americans have had enough of the Republican redisribution (read: theft) of wealth from the middle class to the super rich. By allowing the tax rates to go back to the way they were under Bill Clinton, Obama is simply changing the tax code to bring tax cuts to the people who need them the most, the middle class. If you make more than $250K a year, by all means if a 3.9% tax increase and war with Iran is what you’re into, then vote for McSame/YouBetcha. The rest of us making less than $250K will most likely be voting for Obama/Biden.

Posted by: AppeaseThis | October 28, 2008, 8:05 pm 8:05 pm

You right-wing nuts read lies from idiotic publications like World Daily Net and listen to Rush and Hannity’s lies then come in here parroting the lies. It’s pathetic…get a brain. The McCain campaign are at each other’s throats. McCain can’t control or run his own campaign effectively so how in the world can you even think he can run the country? There is a reason many Republicans that know McCain have switched over to Obama. Have you ever asked yourself if they know something you don’t? That there’s good reason they have switched over to Obama.

Posted by: Liz | October 28, 2008, 8:05 pm 8:05 pm

George!
You are so dishonest and creepy!
Why are so in love with Obama? You have been so biased towards him since day 1. Why?
I dont think he is a bad man and I even think he might be a good president but the media is so dishonest in their portrayal of him. He is not the Messiah……
you will see….

Posted by: opedanderson | October 28, 2008, 8:06 pm 8:06 pm

I use to belong to the NAZI party until i got to fat to wear them sexy NAZI uniforms

Posted by: Liz | October 28, 2008, 8:07 pm 8:07 pm

Oh how the Repugs are on the postings tonight! Blame everyone for what ails…..the media….the Dems….the trees…..the grass…….
So quick to point the finger and never taking ownership for their own mistakes.
laughable

Posted by: seansatx | October 28, 2008, 8:07 pm 8:07 pm

HEY 539 you left out thru the entire decade 0f the 1990s his inaction everytime we were attacked led to the events of sept.11,also he put mr. Carters community reinvestmnt act on steroids is the genesis of the housing fiasco we now find ourselves in…..Finally,the man who was supposed to rep. us all and be the standard bearer of American character and greatness was nothing more than a morally bankrupt filthard…………

Posted by: chad | October 28, 2008, 8:08 pm 8:08 pm

It’s so funny reading the conservatives posts. They just keep repeating hoax E-mails, word for word. They don’t have a clue and are living the in the fear generated by the Bushites. You conservatives just need to give it up because you’re not going to change anyones opinion with those discounted lies, except to make more of them vote Obama. You’re better off staying off these message boards if you want McCain to have a chance.

Posted by: mary | October 28, 2008, 8:08 pm 8:08 pm

Most of the Obama trolls are really George Stephanopoulos and Jake Tapper.
NBC = Nothing but Barack Channel
______________________________________
Except you are on ABC.

Posted by: Paige | October 28, 2008, 8:08 pm 8:08 pm

I wonder what ABC is going to say when McCain wins next tuesday, I know that they want nobama to win but it aint going to happen. These polls are so one sided and inaccurate.

Posted by: john | October 28, 2008, 8:09 pm 8:09 pm

George Stephanopoulos if we would of followed your Obama love logic fighting the British in the revolutionary war that nobody defeated the British or even more recently the Iraq war we would be all wearing the Nazi Swatstiki right now.
George Stephanopoulos loves Obama we already know that.

Posted by: george | October 28, 2008, 8:09 pm 8:09 pm

I use to belong to the NAZI party until i got to fat to wear them sexy NAZI uniforms
____________________
I bet you take pride in being an imbecile.

Posted by: The Real Liz | October 28, 2008, 8:10 pm 8:10 pm

Just remember Dems, that if you lose this election you CAN NOT cry voter fraud. You are the ones that have so desperately argued that ACORN will not be a problem and that voter fraud is so small it’s not a problem. Remember, voter registration fraud is not voter fraud. So none of you weinies cry about it if you lose!

Posted by: Jimbo | October 28, 2008, 8:10 pm 8:10 pm

25% reduction in military defense and raising taxes on 5% of Americans doesn’t add up to the trillion in new BHO spending. Of course he’s got to tax everyone. McCain is saying Americans pay enough and he’d like to see it spent more wisely. Can’t argue with that.

Posted by: EGBOK321 | October 28, 2008, 8:11 pm 8:11 pm

ABC-All Barack Channel
George Stephanopoulos and Obama sitting in a tree K I S S I N G

Posted by: Paige | October 28, 2008, 8:11 pm 8:11 pm

Posted by: chuck | Oct 28, 2008 7:41:40 PM
Obama is not going to win this argument! It has been clear that he started off saying people who earn 1 Million a year, than he dropped it down to 250,000.00 in his Debate third debate he said 200,000.00 and his recent Web add backs that up see link below. Now we have Biden out there saying 150,000.00 which is a far cry from the 1 Million Obama started at back in 2007!
I think the American People are really starting to open their eyes to this guy and his numbers are slipping very slowly! The New Gallop Poll shows him up only 2 now, and with 6-8% undecided it is not looking good for Team Obama! Below is the link of Obama’s web add which he clearly states $200,000.00 not the 250,000.00 he has been saying!
http://worldnetdaily.com/index.php?fa=PAGE.view&pageId=79319
________________________________________
No Chuck, your eyes seem to be the only ones that are open. You can’t believe half of the info on the net. I know, you are going to say that’s reliable, But I say WHO CARES,it’s too late in the game. You aren’t interested in taxes, YOU JUST HATE PRESIDENT OBAMA!

Posted by: fempharoh08 | October 28, 2008, 8:11 pm 8:11 pm

Wouldn’t the Democrats winning the tax argument be more applicable if the Republicans had not turned their main party platform of fiscal conservatism into a joke?

Posted by: Paige | October 28, 2008, 8:11 pm 8:11 pm

Most of the Obama trolls are really George Stephanopoulos and Jake Tapper.
NBC = Nothing but Barack Channel
______________________________________
Except you are on ABC.
Paige
—————————–
LOL

Posted by: Liz in Texas | October 28, 2008, 8:12 pm 8:12 pm

So what’s your point Jimbo? Who are you gonna blame When McCain loses?……

Posted by: seansatx | October 28, 2008, 8:12 pm 8:12 pm

Okay,okay: enough of this media bias. From now on ABC should say that McCain is leading in all polls. That will make the Republicans apologists very happy. How’s that for a change?

Posted by: what667 | October 28, 2008, 8:12 pm 8:12 pm

If getting a tax break for America’s middle class is called socialism, then let me sign up for it today. I was once a Regan Republican.

Posted by: Buzzy | October 28, 2008, 8:13 pm 8:13 pm

ABC is the All Barack Channel
I just love George Stephanopoulos comb over hair doo

Posted by: Liz in Texas | October 28, 2008, 8:13 pm 8:13 pm

ABC-All Barack Channel
George Stephanopoulos and Obama sitting in a tree K I S S I N G
____________________________________
OMG! hi-jack a posters name and provide this tidbit.
Classy…

Posted by: Paige (the real one) | October 28, 2008, 8:13 pm 8:13 pm

chad: “HEY 539 you left out thru the entire decade 0f the 1990s his inaction everytime we were attacked led to the events of sept.11″
When President Clinton tried to kill Bin Laden, Republicans DENOUNCED HIS ATTACK ON BIN LADEN ON THE SENATE FLOOR. Don’t you remember the impassioned speeches about “Monica missiles?” Thanks for putting scoring partisan points ahead of killing Bin Laden BEFORE 9/11.
I remember the 90′s well, and I still have not forgiven the Republicans for their craven partisan antics that time has only made look more damning. You can live in your Big Lie reality, but the majority of America can remember more than what they heard on talk radio a few hours ago and reality has unmasked Republican incompetence time and again.

Posted by: jhw539 | October 28, 2008, 8:13 pm 8:13 pm

Why was Martin Luther King a Republican. He must be stupid and racist

Posted by: what667 | October 28, 2008, 8:13 pm 8:13 pm

Hopefully this election will send what’s left of the Republican coalition of religious wing-nuts, know-nothings, neocolonialist neoconservatives, and jingoism to its natural dead-end. Ron Paul endorsed BJ Lawson in the 4th district in North Carolina. We need more people like this in Congress. I was impressed enough to donate to his campaign and I don’t even live there.

Posted by: Skeptic | October 28, 2008, 8:14 pm 8:14 pm

For those among you who have more money than you will ever need, save your time and don’t read this.
For the rest of us who are still working with mortgages, children and grandchildren or retired living on a pension and or Social Security perhaps
you will take a couple of minutes to read the proposed changes in the American tax system.
CAPITAL GAINS TAX
MCCAIN
0% on home sales up to $500,000 per home (couples) McCain does not propose
any change in existing home sales income tax.
OBAMA
28% on profit from ALL home sales
How does this affect you?
If you sell your home and make a profit, you will
pay 28% of your gain on taxes. If you are heading toward retirement and would like to down-size your home or move into a retirement community, 28%
of the money you make from your home will go to taxes. This proposal will adversely affect the elderly who are counting on the income from their homes
as part of their retirement income.
DIVIDEND TAX
MCCAIN 15% (no change)
OBAMA 39.6%
How will this affect you?
If you have any money invested in stock market,
IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes if Obama become president. The experts predict
that higher tax rates on dividends and capital gains would crash the stock market yet do absolutely nothing to cut the deficit.
INCOME TAX
MCCAIN (no changes)
Single making 30K – tax $4,500
Single making 50K – tax $12,500
Single making 75K – tax $18,750
Married making 60K- tax $9,000
Married making 75K – tax $18,750
Married making 125K – tax $31,250
OBAMA
(Reversion to pre-Bush tax cuts)
Single making 30K – tax $8,400
Single making 50K – tax $14,000
Single making 75K – tax $23,250
Married making 60K – tax $16,800
Married making 75K – tax $21,000
Married making 125K – tax $38,750
Under Obama your taxes will more than double!
How does this affect you?
No explanation needed. This is pretty straight forward.
INHERITANCE TAX
MCCAIN 0% (No change, Bush repealed this tax)
OBAMA Restore the inheritance tax
How does this affect you?
Many families have lost businesses, farms and
ranches, and homes that have been in their families for generations because they could not afford the inheritance tax. Those willing their assets to
loved ones will not only lose them to these taxes.
NEW TAXES BEING PROPOSED BY OBAMA
* New government taxes proposed on homes that are more than 2400 square feet
* New gasoline taxes (as if gas weren’t high enough already)
* New taxes on natural resources consumption (heating gas, water,
electricity)
* New taxes on retirement accounts and last but not least….
* New taxes to pay for socialized medicine so we can receive the same level
of medical care as other third-world countries!!!

Posted by: Anonymous | October 28, 2008, 8:14 pm 8:14 pm

The first poster needs to improve his reading comprehension. Obama’s plan raises taxes 3 percent after $200,000 of TAXABLE income for singles and $250,000 for married people. Watch him on Wednesday night as he spells out his economic proposals.
Meanwhile, McCain wants to continue the Bush tax cuts that he called “unconscionable” (another word for unscrupulous) a few years ago. McCain has sold out completely to the religious right and to the wealthy elite who have been running the country for the past 8 years!
Definitely…Vote Obama!!!

Posted by: Linda | October 28, 2008, 8:14 pm 8:14 pm

Don’t blame George for stating a fact. I know facts upset wing-nuts.

Posted by: Liz in Texas | October 28, 2008, 8:14 pm 8:14 pm

The republican ideology has proven to be wrong on practically all fronts. They’re wrong on deregulation. They’re wrong on their economic trickle down theory. They’re wrong about weapons of mass destruction, the reason for the Iraq war. They’re wrong about global warming. They’ve made a mess of our economy, environment, and left our reputation in tatters. No wonder Obama is doing well! Wake up people. You can’t keep doing the same thing over and over again and expect a different result. That, my friends, is the definition of insanity!

Posted by: tony | October 28, 2008, 8:15 pm 8:15 pm

You have to be kidding!

Posted by: Fran | October 28, 2008, 8:16 pm 8:16 pm

Did you know, according University of California economist who did the research, that after WWII until 1976 that 95% of American’s income increased 64% and top 1% increased 20%? Those were boom years for American middle class. After republicans began to dominate the White House and up till now, the bottom 95% have seen a decrease in income and the top 1% have seen their income increase 232%. 232%! That was not an accident. It was arranged by greed, by laws to favor the wealthy, by tax loop holes for the wealthy etc. There has not been this large a gap between the top and bottom since just before the great depression. If we keep it up, we’ll get another great depression because the economy is out of balance. Trickle down isn’t working. If it was, with that large an increase in wealth for the top 1%, the country should be booming. It isn’t socialism to return the tax rate to what it was before Bush’s “temporary” tax cut. The top 1% now have a collective wealth of $19 Trillion and the other three hundred million Americans have a collective wealth of $17 Trillion. America’s economy and the world’s economy that depends on it does not work unless America’s middle class is doing well and buying stuff. The middle class can’t do that if big corporations move all the jobs to foreign countries to increase their bottom line on cheap labor with no environmental controls and tax breaks for doing it. We’d better smarten up. Vote Obama if you’re hoping that your kids will live in an America you knew. In all these months and after three debates, John McCain has not shown any important ways that his economic policies differ from George W. Bush’s. He hasn’t been six months since the last time that McCain bragged to the Wall Street Journal that they would never interview a bigger de-regulator than he is. It is insanity when something isn’t working to cling to it because you’re afraid to try something new.

Posted by: karela | October 28, 2008, 8:16 pm 8:16 pm

I am a hippy drug freak from the sixties that thinks the COMMUNE way of living is the GROOVY way to go.
Support spreading the wealth so i can continue my lazy non working drug binge for ever. VOTE FOR OBAMA

Posted by: Skeptic | October 28, 2008, 8:17 pm 8:17 pm

seansatx….I’m not going to blame anyone if McCain loses. You win some you lose some…I don’t expect to get a trophy when I lose and then cry when I don’t get one.

Posted by: Jimbo | October 28, 2008, 8:17 pm 8:17 pm

Jimbo: “Just remember Dems, that if you lose this election you CAN NOT cry voter fraud. ”
There are already documented video evidence of electronic machines ‘magically’ flipping votes from Obama to McCain. But as a typical Republican you may not understand living in a reality based world where complaints are preceded by actual observed occurrences rather than talking point memos and fabrications. A voter form for Mickey Mouse flagged as likely fraudulent before getting handed in is in no way equivalent to video evidence of voting machines magically and repeatably malfunctioning in McCain’s favor.

Posted by: jhw539 | October 28, 2008, 8:17 pm 8:17 pm

I was off today and decided to listen to Hennedy and Savage. I have decided that I will switch my vote to McCain.————–JUST KIDDING!! These guys didnt once talk about any merits of McCains. All they did was slam Obama and hype on ACORN and Ayers. Hennedy is realy something. Once in a while he will let a Obama phone caller come on. It obvious that he only lets the Obama callers come on that are clueless and not well up on the facts or in intelligence. Hennedy is full of it and Savage is full of himself. I dont even grace Rush with my ears. What a couple of idiots and they dont realize what McCain and Palin dont realize. If they spen as much time talking and selling McCains ideas and merits they could have had a real shot, but instead they have devoted all their time to smear. The Rove way of politics has gone to the past where it belongs.

Posted by: CW | October 28, 2008, 8:17 pm 8:17 pm

Mr. Impersonator, I’ll fix you with closing all my posts with
Obama/Biden 08 :-)

Posted by: Liz in Texas | October 28, 2008, 8:18 pm 8:18 pm

Wow!!!
I guess 95% of working Americans really DO WANT a tax cut after all!

Posted by: Joseph | October 28, 2008, 8:19 pm 8:19 pm

I know this is just crazy to say, and you will all try to cut my arms off for saying, but don’t you think that maybe, just maybe there is a greater disparity in the richest and poorest is because there are a lot fewer people willing to bust their butts to get to the top, and their are a whole, I mean WHOLE lot more of people that are willing to just sit back and basically take what life gives them? I know, I know, that is totally untrue. I’m sure 50 years ago the work ethic was the same as it is today, I’m sure there were just as many willing to sit back and soak up welfare, and government assistance, I’m sure that everyone with money these days only got it by stealing, right? So pathetic, if you want more GO MAKE MORE, who can argue with that? Go get a better education and bust your butt to work up the ladder….most of you are too comfortable to DO SO SO STOP WHINING!

Posted by: Jimbo | October 28, 2008, 8:21 pm 8:21 pm

this liberal dem is voting mccain; have lied to pollsters who called and i think their are many like me. surprise! on nov. 4th.

Posted by: ron | October 28, 2008, 8:21 pm 8:21 pm

McCain is zero in economics as he himself admitted. Does he even know of anything that is going with policies? Does he even know that his policy gives 200 billion to biggest corporations and 4 billion to oil companies? Does he realize that his 300 billion plan to buy home mortages is in Republican terms “extreme socialism”? Does he realize that the 700 billion bailout he was so eager to push through is a major “redistribution of wealth”? I bet he does not understand the meaning of “socialism” – just heard of it in cold war era movies!

Posted by: jonathanw | October 28, 2008, 8:21 pm 8:21 pm

Anyone who has ever voted for President based on tax issues, has voted to redistribute wealth. The ONLY question is whether we redistribute it up or down. Bush redistributed it upward, and now we want it BACK.

Posted by: jock59801 | October 28, 2008, 8:21 pm 8:21 pm

I don’t disagree with those who are saying the masssive bailouts of wall streets elite is not a horrendous action.
But that does nothing to argue against the massive socialistic upheaval that Obama wants to put into effect.
Anyone who doubts that Obama wants to put a masssive socialistic upheaval into effect should listen closely to that 2001 interview that appeared yesterday. It is frightening. It is far worse even than most people are talking about. It’s not just a phrase or two about “redistribution of wealth”. It goes far beyond that. It is very chilling. There is no way around how chilling it actually is. That’s why the Obama people are simply trying to ignore it — like he always did when solid arguments were made against him in the debates. Ignoring means it doesn’t exist, or so they like to pretend.

Posted by: Jake Long | October 28, 2008, 8:22 pm 8:22 pm

Vote for Obama if you like lies
Martin Luther King was a RACIST Republican
Obama/Biden 08 :-)

Posted by: Liz in Texas | October 28, 2008, 8:22 pm 8:22 pm

republicans will never learn. depression under hoover (republican), the guy who got us out of it, roosevelt, a (democrat.) the guy who caused this recession “W” a (republican), the guy who gets us out of it, Obama (democrat.) history truely does repeat itself. the conservative movement is dead, long live the republican party.

Posted by: jimt | October 28, 2008, 8:23 pm 8:23 pm

I am going to stage RACE RIOTS all over the country when Obama loses
Obama/Biden 08 :-)

Posted by: Liz in Texas | October 28, 2008, 8:23 pm 8:23 pm

The only people voting for McCain are low information voters which unfortunately, we know our country has too many of, hence Bush winning twice. Obama will actually do something to help our children get a better education which will better our country.
Obama/Biden ’08

Posted by: Liz | October 28, 2008, 8:24 pm 8:24 pm

Why are the polls never right when it is against the McCain camp . it’s always the bias liberal media this and that . Now if we are going to use polls then let’s take them for there word and because some McCain/Paline supporter does not agree fair enough, but you can’t have it both ways.

Posted by: KWOLF443 | October 28, 2008, 8:24 pm 8:24 pm

ron
Oh yes, that makes sense! Lie to pollsters so that you will later have to convince us that you lied to pollsters and therefore the polls are wrong. LOL
Wouldn’t it just be easier to tell the truth and thus SHOW us that the real polls are different?

Posted by: jock59801 | October 28, 2008, 8:24 pm 8:24 pm

Jimbo- You are dead on right! The fact of the matter is America is lazy! They want to work as little as possible and take advantage of the system and receive every possible handout. Should my wife and I be punished because we both have graduate degrees and work very hard 6 and sometimes 7 days of the week? I think not. All these people who continue to complain and whine, need to get out there, go to school, and work harder or STOP COMPLAINING!

Posted by: Jay | October 28, 2008, 8:25 pm 8:25 pm

I swear the only thing neo cons do is complain. The biggest whiners in our country. Waahhhh…..the MSM is to enemy! Wahhhhh! Give it up. Your candidate really sucks bad. And the VP is even worse.

Posted by: Neo Conned | October 28, 2008, 8:25 pm 8:25 pm

jock59801: stop that. you are making sense. you damn democrat.

Posted by: jimt | October 28, 2008, 8:26 pm 8:26 pm

The only argument I can think of that would make me vote for McCain, is he is in support of decriminalizing drugs. Since we all know the ‘War on Drugs’ is another failed Republican policy it just makes sense to stop it now.

Posted by: mary | October 28, 2008, 8:26 pm 8:26 pm

Obama made it crystal clear to Joe the Plumber that he plans a massive redistribution of wealth — taking your wealth!
Just so you know, Obama’s plan defines ‘rich’ anyone making over $90,000 a year, because that’s when his FICA tax cap comes off and you start paying an addition 7% of tax on each and every dollary you earn above the cap!
And if you are making just $50,000 a year or more — expect to pay another 4.5% on each and every dollar you earn starting in 2010. That’s when the Bush tax cuts expire.
‘President Obama’ has emphatically states he will expire those cuts for “rich” people like you.
Obama’s crazy plan must be stopped. It will not only cost you money, it will throw the U.S. economy into a depression.

Posted by: Dave | October 28, 2008, 8:26 pm 8:26 pm

Such childishness to impersonate others. It means you have no legitimate argument. Typical of right-wing nuts.

Posted by: TexasLib | October 28, 2008, 8:27 pm 8:27 pm

My family income is over 200k and I’ll do just fine under Obama… The few hundred dollar extra a year for a better country is well worth it!

Posted by: ProudLiberal76 | October 28, 2008, 8:27 pm 8:27 pm

The GOP is not known to be the friend of the middle class – no matter what the rhetoric.
I’m glad to give the Democrats a chance. It’s been a looooooooong eight years.

Posted by: elizabeth | October 28, 2008, 8:28 pm 8:28 pm

Amen Elisabeth, truer words have never been spoken.

Posted by: jimt | October 28, 2008, 8:28 pm 8:28 pm

don’t you think that maybe, just maybe there is a greater disparity in the richest and poorest is because there are a lot fewer people willing to bust their butts to get to the top, and their are a whole
_______________________________________________
No. I witness everyday people busting their butts and they are what we in America call the “working poor”. They are no less important members of our society.
I witnessed first hand the fall-out of Enron, WorldCom and many others where those who had dedicated their lives to the company were screwed over while executives left with lavish packages.
I know many who would love to get a better education, but with tuition prices skyrocketing and now loans almost nonexistent – they can’t.
Leave the judgement to a higher power and just respect your fellow citizens.

Posted by: Paige | October 28, 2008, 8:30 pm 8:30 pm

You people are idiots! It may have been a long 8 years, but not bad enough to let that socialist and his jabber mouth idiot VP take office.

Posted by: Jay | October 28, 2008, 8:30 pm 8:30 pm

I cant wait till nov. 5th. there will be no repugs. blogging at all. they will be just like their candidate, they will take their balls and go home. the conservative movement is dead. long live the republican party.

Posted by: jimt | October 28, 2008, 8:31 pm 8:31 pm

Why do the republicans always blame the liberal media? Aren’t there any of them smart enough to become journalists?

Posted by: bobby | October 28, 2008, 8:31 pm 8:31 pm

Obama’s Taxation argument is working because he proposes fair taxation for all Americans. No one is buying the socialism or Marxism argument of McCain. No one is buying the redistribution argument because there is not going to be much trickle down or redistribution.

Posted by: gjkotw01 | October 28, 2008, 8:31 pm 8:31 pm

I wish people, and think a lot do, is understand that its not just the economy and taxes. Thats only part of the big broken picture. Yea I know both Dem and Rep are responsible for the current economic crisis and the American people are too.—But we also have a failed administration on so many levels. Immigration, border security. Mexican Army can cross our border and hold our agents at gun point as an example. FDA, trade commision. The outsourcing of jobs and giving money and economic growth to other countries while ours economic growth slides down hill.
Crime and prisons and drugs and reablitation. On and on and on. From all to Katrina to a war we shouldnt even have started. Poor management for our military. What if we were to be attacked right now and our military is spread so thin we cant even respond. On and on. So thats why the Ind. for only the second time in 32 yrs will be supporting Obama for President.

Posted by: CW | October 28, 2008, 8:32 pm 8:32 pm

Jay-right on! I have a sister and 2 bro-n-laws that got their masters (which cost upwards of $100,000 each on student loans) so they could have high paying careers. They bust their butts, routinely travel 3-5 days a week and work very long hours. Guess what everyone, it’s America and if that’s the choice they make then that’s the choice they make! They don’t have employees so they’re not stealing from any of you! Their income laps my full time income by the 3rd month of the year, and guess what, I want them to KEEP IT IN THEIR POCKETS BECAUSE I SEE THE SACRIFICES THEY MAKE TO HAVE THE MONEY THEY MAKE! Go ahead, no one has ever questioned me on the “work harder and stop complaining ideas” I suggest in these blogs. Go do something whiny little babies! Oh, and you CAN’T TAKE BACK SOMETHING FROM SOMEONE THAT YOU DIDN’T EARN IN THE FIRST PLACE!

Posted by: Jimbo | October 28, 2008, 8:32 pm 8:32 pm

Don’t you all realize that McCain wants to create jobs for Americans by letting the richest people in this nation keep all their money.
when did it become a bad thing to earn money, to save money. to do well. you do know that you can go without contributing to those big business don’t you. nobody told you to where to spend your money, if you don’t like the corporations, go to the local grocer. go to the little mom and pop store. save your money, don’t buy on credit. what is wrong with opening up your own business? no, i don’t have a lot of money and i do pay taxes but why do you hate people that do well. no one is holding a gun to your head to put your money in their pockets. i would personally be happier if they would just increase pay with the increase with everything else. i don’t believe he isn’t going to raise taxes and we can’t possibly be expected to believe that obama doesn’t have some people with money in his pocket, i doubt all those democrats on the hill are poor for crying out loud. he is a politician, he is saying things to get your vote!

Posted by: ali | October 28, 2008, 8:32 pm 8:32 pm

jhw539
Check out the HBO documentary called “Hacking Democracy”. Scary stuff!
The company that builds the voting machines (Diebold) is owned by a major Republican contributor.
In the 2000 presidential election, an electronic voting machine recorded MINUS 16,022 votes for Al Gore in Volusia County, Fla.
While fraud was never proven, the faulty tally show the very real possibility of computer hacking during elections.
In Florida, Leon County supervisor of elections Ion Sancho presided over a trial “mini-election” to see if the vote could be hacked without being detected. Before votes were actually cast, a computer analyst “stuffed the ballot box” by entering votes on the computer’s memory card.
Then, after votes were cast, the results displayed when the same memory card was entered in the central tabulating program indicated that fraud was indeed possible.

Posted by: It's Real | October 28, 2008, 8:33 pm 8:33 pm

jhw539
Check out the HBO documentary called “Hacking Democracy”. Scary stuff!
The company that builds the voting machines (Diebold) is owned by a major Republican contributor.
In the 2000 presidential election, an electronic voting machine recorded MINUS 16,022 votes for Al Gore in Volusia County, Fla.
While fraud was never proven, the faulty tally show the very real possibility of computer hacking during elections.
In Florida, Leon County supervisor of elections Ion Sancho presided over a trial “mini-election” to see if the vote could be hacked without being detected. Before votes were actually cast, a computer analyst “stuffed the ballot box” by entering votes on the computer’s memory card.
Then, after votes were cast, the results displayed when the same memory card was entered in the central tabulating program indicated that fraud was indeed possible.

Posted by: It's Real | October 28, 2008, 8:33 pm 8:33 pm

Obama wants to tax the rich and “spread the wealth”.McCain wants the government to use tax payers money to buy out bad mortgages and then refinance them to meet the needs of the losing homeowners.McCain is going around calling Obama a socialist.THE IRONY of politics.The lesser of the two evils shall prevail. lol

Posted by: Unfiltered | October 28, 2008, 8:35 pm 8:35 pm

SARAH PALIN RAISED TAXES ON OIL COMPANIES, TOOK THE MONEY, AND RE-DISTRIBUTED IT TO WORKING CLASS ALASKANS.
Does anyone else notice the complete hypocrisy in her attacks against Obama?

Posted by: GOP HYPOCRISY | October 28, 2008, 8:36 pm 8:36 pm

Sen. Obama may win the argument on taxes but when he announces that the economic crisis (and a Barney Frank who has been vocal about raising taxes lately) will prevent him from implementing his promised tax cuts – the middle class will lose again.

Posted by: undecided2012 | October 28, 2008, 8:36 pm 8:36 pm

My family income is over 200k and I’ll do just fine under Obama… The few hundred dollar extra a year for a better country is well worth it!
Posted by: ProudLiberal76 —————————Amen and its worth it to many. Obama 08

Posted by: CW | October 28, 2008, 8:37 pm 8:37 pm

You McCannites kill me with this “redistribution of wealth” like it’s a new concept. What type of taxation do you think we have now? What do you idiots think the trickle down theory is all about? What’s going to be the next theme for your campaign? “He’s Too Smart To Be President!”
See you losers at the finish line!

Posted by: someonewithaclue | October 28, 2008, 8:37 pm 8:37 pm

Folks like Ed need to get facts correct. McCain does not say “business as usual”. He is saying cuts for ALL. That’s what’s needed now. Obama can keep his little cut – I’d rather have a good paying job that pays me month after month. A little “bonus” check once a year from the gov’t isn’t going to cut it for most folks!

Posted by: Justin S. | October 28, 2008, 8:37 pm 8:37 pm

This is what will happen under an Obama administration: The Mac is coming back………..
The U.S. military will withdraw from Iraq quickly and substantially, regardless of conditions on the ground or the obvious consequence of emboldening terrorists there and around the globe.
Protectionism will become our national trade policy; free trade agreements with other nations will be reduced and limited.
Income taxes will rise on middle- and upper-income people and businesses, and individuals will pay much higher Social Security taxes, all to carry out the new president’s goals of “spreading the wealth around.”
Federal government spending will substantially increase. The new Obama proposals come to more than $300 billion annually, for education, health care, energy, environmental and many other programs, in addition to whatever is needed to meet our economic challenges. Mr. Obama proposes more than a 10% annual spending growth increase, considerably higher than under the first President Bush (6.7%), Bill Clinton (3.3%) or George W. Bush (6.4%).
Federal regulation of the economy will expand, on everything from financial management companies to electricity generation and personal energy use.
The power of labor unions will substantially increase, beginning with repeal of secret ballot voting to decide on union representation.
Free speech will be curtailed through the reimposition of the Fairness Doctrine to limit the conservative talk radio that so irritates the liberal establishment.

Posted by: Iron Lady | October 28, 2008, 8:38 pm 8:38 pm

Sorry to burst your balloon little Georgie but Obama is NOT winning the tax argument! First it’s $250K, then it’s $200K and now its $150K. People are wising up to the real Obama. Try to be a honest journalist you little Obama pretty boy!

Posted by: MBNA Joe | October 28, 2008, 8:38 pm 8:38 pm

No. I witness everyday people busting their butts and they are what we in America call the “working poor”. They are no less important members of our society.
I witnessed first hand the fall-out of Enron, WorldCom and many others where those who had dedicated their lives to the company were screwed over while executives left with lavish packages.
I know many who would love to get a better education, but with tuition prices skyrocketing and now loans almost nonexistent – they can’t.
Leave the judgement to a higher power and just respect your fellow citizens.
_____________________________________
This may be partially true, but for the most part is a lie? Because the company I work for is filled with first generation Indians that came to America with almost nothing but their clothes and a few small possessions. Why is it that they come here with nothing, barely speak English, and in 4 years have figured out a way to get an engineering degree and a high paying professional job? Please enlighten me? I know a TON of people that have this story, from 3 very large companies I have worked for, it’s because they don’t take America for granted, they came here to succeed and they will LET NOTHING, NOT EVEN YOUR EXCUSES FOR THEM, LET THEM FAIL!

Posted by: Jimbo | October 28, 2008, 8:39 pm 8:39 pm

FLORIDA IS OBAMA COUNTRY !!! +27 !!!

Posted by: Boca Raton | October 28, 2008, 8:39 pm 8:39 pm

You know what? Considering I am currently making 150k a year with no increase of taxes; and then because of Obama’s economic success, I make 280k in 2009 with tax increases and leaving me $250k-plus, whom will you vote? I could rather stay with Obama.

Posted by: Sutter197 | October 28, 2008, 8:40 pm 8:40 pm

If we go with McCain’s health plan, say good bye to your employer based health plan. On top of that if you do get the plan from employer, get ready to be taxed on the benefits. Wake up people. Republicans are rich and it matters not to them but to us in the middle, we can not afford McCain’s plan.
About taxes, we have a big military and entitlements (now termed socialistic) such as SOCIAL SECURITY and MEDICARE. So, what is the fuss even if taxes do go up slightly. WE need to pay for services provided by Government. Where do you think the money is coming from.
Vote for Obama. Old man is nut to vote for.

Posted by: silkwool | October 28, 2008, 8:40 pm 8:40 pm

Let’s see….. Bush laid tax cuts that favored the folks McCain is favoring….the wealthier Americans.
The cuts that McCain says we have to preserve because of the economy are currently in existence aren’t they?
Well then, where is the great economy that should be a result of the current Bush-McCain tax cuts???
Well?????????

Posted by: Bush Did It | October 28, 2008, 8:40 pm 8:40 pm

All Obama is doing is rolling back the tax cuts for the wealthy that Bush gave them. Duh, they won’t be paying anymore taxes than what they did under Clinton and during the Clinton years everyone made money. Those mom & pop business won’t stay in business if the top 2% get all the wealth because they run the mom & pops out of business and the middle class don’t get tax breaks then we don’t have money to buy from the mom & pops which runs them out of business. Trickle down economy has not worked. It’s only made the very wealthiest get wealthier and the rest fall way behind. Obama believes in a bottom up economy which makes for a much more stable economy.

Posted by: Liz | October 28, 2008, 8:41 pm 8:41 pm

I have no idea what McCain or Obama will really do after elected. Neither do any of you. But memories are short – the 1994 tax hike (which caused many democrats to lose their job) balanced the budget and gave us a surplus. What! How could they!
Folks, the class war has been going on for years and we – the middle class – are losing big time. So the rich get richer and people like Sam the plumber actually pitch in and help them get richer. If trickle down worked the gap would not be widening and this mess we’re in would never have happened. People are corrupt; the electorate is stupid – go figure.

Posted by: TimL | October 28, 2008, 8:41 pm 8:41 pm

Iron Lady
Well, I certainly hope so.

Posted by: jock59801 | October 28, 2008, 8:41 pm 8:41 pm

McCain is a liar..
Rosie

Posted by: ROy Rustomji | October 28, 2008, 8:42 pm 8:42 pm

MBNA Joe
George is just referring to a specific poll that says Obama has a ten-point lead over McCain on the tax issue. How is that dishonest?

Posted by: jock59801 | October 28, 2008, 8:43 pm 8:43 pm

People like Liz who think anyone with a different opinion is uninformed is exactly what is wrong with this country as well as the Obama camp. Disagree with them and they start crying racism. Disagree with them and if it actually makes sense then Obama changes his stance and calls it “original”. What a joke. I hope he falls just short on Nov. 4.
BTW – I posted a few mins ago and this ABC system changed my name to “Posted by: someonewithaclue” – Now isn’t that mature. My name is Just and I don’t mind it being posted alongside my comments – which BTW are original.

Posted by: Justin S. | October 28, 2008, 8:44 pm 8:44 pm

Los Angeles Times
202 W. 1st St.
Los Angeles, CA 90012
Phone: (213) 237-5000
Fax: (213) 237-7679
Call the L.A times and ask them why they are refusing to release a 2003 video of Obama.
In the article — based on the videotape obtained by the Times — Wallsten said Obama addressed an audience during a 2003 farewell dinner for Khalidi, who was Obama’s colleague at the University of Chicago, before his departure for Columbia University in New York. Obama said his many talks with Khalidi and his wife Mona stood as “consistent reminders to me of my own blind spots and my own biases.”

Posted by: BREAKING NEWS!!!!!!! | October 28, 2008, 8:44 pm 8:44 pm

There is redistribution of wealth right now. Its just been taken from the middle and lower class and redistributed
to the rich. Time to switch that back around for a while.

Posted by: CW | October 28, 2008, 8:44 pm 8:44 pm

Obama lies.

Posted by: John the Contruction Worker. | October 28, 2008, 8:45 pm 8:45 pm

Both of them lose on the taxation issue. The last thing we need is reduction of tax revenue. The only way the economy in the United States is going to get better is when we start paying off our debt faster than it accumulates, unless we only want to pay the interest.
I would like a tax break just like everyone else since I am a retired school teacher. I have not had a cost of living raise since 2001, but if we give 95% of the citizens a tax break, even if we tax the rich more, we still won’t have enough revenue to pay down the deficit little lone the debt. The US Government is maxing out the credit cards and only paying a little each month so that we can never pay it off. Paying less because of a tax cut just makes the debt grow faster. McCain with all of his tax credits is just as bad.
We need to cut spending and tighten our belts. We need to create jobs and get people back to work. This is what we need, not less taxes. The last time most of you got a tax break, if you are in the middle class might have seen a couple of hundred a year cut. That averages out to less than twenty bucks a month.
Write in anyone that you think could do better. Neither of these gentlemen is worthy of your or my vote.

Posted by: Paul from Texas | October 28, 2008, 8:45 pm 8:45 pm

I do not understand people are so naive to believe Obama is going to only raise taxes for family making more than $250K. He can change his definition of rich any time because he strongly believes in redistributing the wealth.

Posted by: George | October 28, 2008, 8:48 pm 8:48 pm

The middle class and poor are better off under Obama’s tax plan than they are under McCain’s. According to The Tax Policy Center, a joint venture of the Urban Institute and the Brookings Institution, the Obama plan would reduce taxes for low- and moderate-income families, but raise them significantly for high-bracket taxpayers. By 2012, middle-income taxpayers would see their after-tax income rise by about 5 percent, or nearly $2,200 annually. Those in the top 1 percent would face a $19,000 average tax increase—a 1.5 percent reduction in after-tax income..McCain would lift after-tax incomes an average of about 3 percent, or $1,400 annually, for middle-income taxpayers by 2012. But, in sharp contrast to Obama, he would cut taxes for those in the top 1% by more than $125,000, raising their after-tax income an average 9.5 percent. McCain’s tax policies are just like those of George Bush and the GOP in general: they favor big business and the wealthy. If you are in the middle class or are poor, you would be voting against your own economic self-interest by voting for McCain. Vote for CHANGE and vote for Obama!

Posted by: Chumley | October 28, 2008, 8:48 pm 8:48 pm

I disagree that Obama is winning the tax argument. McCain has closed the gap in the polls significantly from 2 – 7 points in the polls. Prior to McCain presenting Obama’s tax problems, the gap was double that amount. Notwithstanding the above, as Joe Biden and Hillary said, Obama is not ready to be President. In addition, Biden said that he would be honored to be on the same ticket with McCain.

Posted by: Doreen | October 28, 2008, 8:48 pm 8:48 pm

Justin, I never said one thing about racism in here or mentioned color period. There is a right-wing nut in here who is impersonating me saying idiotic racist things.

Posted by: Liz | October 28, 2008, 8:48 pm 8:48 pm

Obama is a liar

Posted by: angus | October 28, 2008, 8:49 pm 8:49 pm

George
So did McCain:
John McCain, Oct. 2000: “So, look, here’s what I really believe, that when you are — reach a certain level of comfort, there’s nothing wrong with paying somewhat more. … And frankly, I think the first people who deserve a tax cut are working Americans with children that need to educate their children, and they’re the ones that I would support tax cuts for first.”
SOUNDS LIKE OBAMA.

Posted by: jock59801 | October 28, 2008, 8:50 pm 8:50 pm

96 % OF VOTERS SAY THEY HAVE ALREADY MADE THEIR MIND FOR WHO TO VOTE.
ONLY 4 % REMAIN UNDECIDED AND MAY OR MAY NOT VOTE.
IN MOST POLLS THE GAP BETWEEN OBAMA AND MACCAIN IS AN AVERAGE OF 6 TO 8 POINTS.
UNLESS THESE ELECTIONS ARE STOLEN AS IN 2000 AND 2004, THE REPS ARE TOAST !!!
TO STEAL THE ELECTIONS IS THEIR ONLY HOPE, AND REPS ARE VERY GOOD AT DOING THAT !!!

Posted by: skyglider2008 | October 28, 2008, 8:51 pm 8:51 pm

It’s simple.Bush has tried his way for 8 years,our country has been on the road to perdition.What else needs to happen for people to learn it’s time for a change? McCain can take his Bush economic policies back to Arizona to those who believe in them.America is ready for change.We need to become the world leader once again by leading by example.I believe in America.

Posted by: unfiltered | October 28, 2008, 8:52 pm 8:52 pm

Justin, see how easily you can fall for lies? Someone impersonates me pretending to be an Obama supporter saying ridiculous things making you fear Obama and his supporters.

Posted by: Liz | October 28, 2008, 8:52 pm 8:52 pm

The reason John McCain is losing on the tax argument is because taxes are not the problem here! When a man is afraid of losing his job, when his mortgage doubles, when he’s about to lose his health care, taxes, a few hundred dollars one way or the other, is the least of his worries.
Taxes are just another in a long line of dead horses John keeps beating.

Posted by: blindhowlin | October 28, 2008, 8:54 pm 8:54 pm

watch fox news i mean Faux news.

Posted by: ricky | October 28, 2008, 8:55 pm 8:55 pm

The bottom line is this…the Democrats have dragged out their usual tactic, that being class warfare. I am not wealthy (I teach school), so no, I will not be paying more taxes under either candidate( uhhuh). But since when is it the right of the Government to decide how much a person can make, how much of it they can keep, and where all of these so-called “rights” come from that are NOT in the Constititution? Our rights are enumerated in the Bill of Rights, as are the limits to which the Federal Government may encroach upon them. Facts are facts..and unfortunately, the Democratic Party does NOT see the Constitution as THE Law of the Land. They see it as an impediment to the rise of a Socialist state in which the individual succumbs to “the good of the state”. In essence, the Party of Obama has adopted the credo of Karl Marx…”From each according to their ability, to each according to their need”….and in this case, Obama NEEDS the votes of all those who think he is giving them something for nothing….what fools!

Posted by: angus | October 28, 2008, 8:56 pm 8:56 pm

What’s all this crap about Obama’s tax plan and the redistribution of wealth? For all practical purposes, we are already living in an aristocracy – where our government is controlled by those who have the most status and influence. Without money, no one gains much status or influence. For the most part, power in America is exercised by the hereditary elite. The French Revolution fought those (the aristocrats) who had achieved staus and influence by birth rather than by merit. If America were to do what is called for in the Bible – as it relates to the year of Jubilee – all of our land would be returned to the Indians. Moreover, too many families in America inherited wealth accummulated by their ancestors based on the use of slave labor. Are you satisified living in an aristocracy? You say you don’t believe we live in an aristocracy? How about this? Data from the latest Survey of Consumer Finances suggest that wealth is concentrated in the hands of a small number of families. The wealthiest 1 percent of families owns roughly 34.3% of the nation’s net worth, the top 10% of families owns over 71%, and the bottom 40% of the population owns way less than 1%. In terms of types of financial wealth, the top one percent of households have 44.1% of all privately held stock, 58.0% of financial securities, and 57.3% of business equity. The top 10% have 85% to 90% of stock, bonds, trust funds, and business equity, and over 75% of non-home real estate. Since financial wealth is what counts as far as the control of income-producing assets, we can say that just 10% of the people own the United States of America. Certainly given these statistics you cannot in all honesty oppose a plan that gives 95% of Americans a tax break. That top 1% (or 5%) should be paying huge amounts of taxes – after all, our military is there to protect their huge accumulation of wealth. If you own a $5,000,000.00 house don’t you think the homeowner’s insurance would be a whole lot more than what a person owning a $60,000.00 house would have to pay?

Posted by: George | October 28, 2008, 8:57 pm 8:57 pm

His REAL NAME is “JOE THE UNLICENSED PLUMBER WHO JOHN MCCAIN WOULD TAX MORE THAN OBAMA WOULD.” See, Joe only makes $40,000 a year. (For you right wing math majors out there, 40,000 is less than 250,000.) The company he works for ALSO makes less than $250,000 a year.
Joe was LYING. Get it? LYING. And so are McCain and Palin.
When you give tax breaks to working Americans who will spend it on stuff they need, instead of to billionaires who will just stash it in offshore bank accounts, you are stimulating the economy, increasing corporate earnings, and yes, “spreading the wealth”. That’s not socialism, that’s CAPITALISM. That’s not anti-American, that’s PRO-AMERICAN.

Posted by: Patriotic American | October 28, 2008, 8:57 pm 8:57 pm

Posted by: come on nov 4th | October 28, 2008, 8:58 pm 8:58 pm

Next Wednesdays headline OBAMA IN A LANDSLIDE!all the rest are just empty words without meaning…

Posted by: BILL | October 28, 2008, 8:58 pm 8:58 pm

IT’S THE ELECTORAL COLLEGE STUPID !
Obama 277
McCain 174
Tossup 87
OBAMA/BIDEN ’08 !

Posted by: Boca Raton | October 28, 2008, 8:59 pm 8:59 pm

A COMMUNIST? Maybe not, but Louis Farrakan of the Nation Of Islam refers to Obama as the Savoir and that should scare the willys out of any sane person in America! But Of course, the Hollywood crazies, the college professors and the elitist media have been on the Obama bandwagon for day one. Folks you will be totally stunned by what Obama, Pelosi and the gang do if you elect this dangerous man to office. I believe he will cause a massive harm to America and it will be the idiot liberals fault.

Posted by: rockychance | October 28, 2008, 8:59 pm 8:59 pm

Doreen, sorry but McCain is not qualified to be President. He has neither the intelligence nor the temperment to be President of the United States. McCain is a reactionist not a visionary. McCain reacts to situations hour by hour and not very well, mind you. He reacts and changes his stances on a daily basis. He does not have the intellect nor the emotional intelligence to deal with crisis. He can’t deal with face-to-face with Obama effectively so how could he deal with adversaries of the U.S. effectively?

Posted by: Liz | October 28, 2008, 8:59 pm 8:59 pm

i wonder how some one claiming to be a true american can write a plain lie about Obama just to show how much he hates, is it for his skin colour??? what ever the reason his tax cut claims stayed the same through out his campain and for your own info his websate writes the same figures the man him self said. i dont know where you got the wrong figures from.
please if you will to appose , do it with a brain not just hate.

Posted by: Joe henry | October 28, 2008, 9:02 pm 9:02 pm

I fianlly see the republican logic! I can’t believe it! It’s so clear. Forget critical thinking skills.
Son of Sam used a gun to kill people, therefore all gun holders are serial killers.
McCain worked with the Alaskan Senator, so he is also a criminal.
McCain supports the collection of wealth from the middle class to help the rich, so he is proposing a monarchy.
The White House is actually the White only House.
I get it! Wow, how easy you can conclude when you don’t have to apply logic, facts, and critical thinking!
Vote for Queen Palin!

Posted by: Brian | October 28, 2008, 9:02 pm 9:02 pm

The $200,000 limit in Obama’s tax plan is the amount for an individual; the $250,000 is for a family. The $150,000 Biden referred to was an example of someone who would get a tax cut.
Per the Tax Policy Center, here is how Obama’s tax plan breaks down for individuals (again, this is for individuals):
$0-$18,891 = $567 tax cut
$18,982-$37,595 = $892 tax cut
$37,596-$66,354 = $1,118 tax cut
$66,355-$111,645 = $1,264 tax cut
$111,646-$160,972 = $2,135 tax cut
$160,973-$226,918 = $2,796 tax cut
$226,919-$603,402 = $121 tax increase
$603,403-$2.87 million = $93,709 tax increase
$2.87 million-plus = $542,882 tax increase

Posted by: pagetraveler2244 | October 28, 2008, 9:03 pm 9:03 pm

It’s beyond imagination as to why anyone making less than $200,000 a year would think that McCain was working in their best interests. McCain is a gambler and he wants to gamble away our future.

Posted by: James Bond | October 28, 2008, 9:03 pm 9:03 pm

Liz…and Obama IS qualiafied?? Sheesh..thats pretty scary when a man who has less than one term in the Senate is seen as the second coming of Christ…too bad all the idiots in Illinois didn’t elect Alan Keyes! THANKS, Illini!

Posted by: angus | October 28, 2008, 9:03 pm 9:03 pm

Right-wingers always have to bring out the boogey-man to scare voters. That is their modus operandi, how they try to keep their power. It works on the low information voters but it won’t work on the majority of Americans this time…not this year.

Posted by: Liz | October 28, 2008, 9:05 pm 9:05 pm

Nationally, a poll by the Pew Research Center found Obama with a 16-point lead among registered voters. The survey said Obama had 52 percent and McCain 36 percent…ouch.

Posted by: Left Arm | October 28, 2008, 9:05 pm 9:05 pm

Read your Bible and learn that God owns everything as opposed to McCain’s mentality that people have earned what they own and it is theirs to keep – McCain loses! Try to sell America on Reagan’s trickle-down theory – McCain loses! Try to empower the middle class – Obama wins! Try to say Obama’s view of wealth is wrong – McCain loses!

Posted by: George | October 28, 2008, 9:06 pm 9:06 pm

Angus, Obama might not have 26 years in the Senate like McCain and that’s a good thing. Obama doesn’t have people he is beholding to like McCain does with all his lobbyist campaign workers and friends. Obama has the judgement, the intelligence and the temperment to be a great President. McCain might have all the experience in the world but he doesn’t have the intelligence, judgement nor the temperment to be President. McCain is not a leader and Obama is.

Posted by: Liz | October 28, 2008, 9:09 pm 9:09 pm

I hope you all will remember that George is a Democrat. Geezzzz folks. Another slanted story by the media.

Posted by: hoopiron | October 28, 2008, 9:10 pm 9:10 pm

pagetraveler2244 – PLEASE KEEP POSTING THAT ! I SAW THAT A WHILE BACK ON THE TELEVISION TOO. THATS WHY IM VOTING FOR BARACK OBAMA !! MCCAIN IS A LIAR ON TAXES !!

Posted by: Other Way | October 28, 2008, 9:10 pm 9:10 pm

Tell us George, what then happened when Clinton got in office after he ran on lowering taxes????????????????????????????????????????????????????????????????????????????????????????????????????????????
Posted by: Fools
**************************************
HE BALANCED THE BUDGET FOR THE FIRST TIME IN A LONG TIME, That’s what happened!!

Posted by: Julie | October 28, 2008, 9:10 pm 9:10 pm

I give up. Anybody in the middle class who willingly wants to be a pawn in the hands of the wealthiest 10% of this Country can go ahead and vote for McCain. I can only pray that God will show you differently – that you vote against your own best interest. I guess a lie told often enough will begin to sound like the truth to many.

Posted by: George | October 28, 2008, 9:11 pm 9:11 pm

The truth is that both McCain and Obama are good men, intelligent and knowledgeable. Both want to do what is best for America. They disagree on what that requires, and our job is to vote for the one who most agrees with our own views on what we should be doing.
That is why I am voting for Barack Obama, because I agree with him most of the time, and do not McCain. I am voting for Obama because he is the first candidate in a long time who seems to talk to us like we are intelligent adults. Because every issue I have heard him speak about, I have been impressed with his knowledge of the complexities and balances involved. He is also one of the most eloquent speakers and writers we have had as a candidate for awhile, which would be a very refreshing change.
I am voting for Barack Obama because he has shown an understanding of the need to return fairness and justice to America and the world. We have been waiting for such a candidate for a very long time, and were starting to despair of it. The craving for real change is much deeper than people seem to realize. It will not be denied.

Posted by: jock59801 | October 28, 2008, 9:11 pm 9:11 pm

Obama is dangerous for America. When asked about his “spread the wealth” comment his explanation was dumbfounding:
“The simple point I was making was that even assuming he’s at a point that he wants to buy a business that he hopes will generate more than $250,000, the point I was making was that ten years ago or five years ago or even a year ago when he was making a lot less than that, he was having a tough time. … We don’t mind people getting enormously wealthy because of their skills and their talents and their drive. But we always want to make sure that the playing field is such where everybody who’s got a good idea has a chance to succeed. Everybody’s got a chance to get financing. Everybody who works hard is able to raise their family. Everybody has an opportunity if they act responsibly to send their kids to college and retire with dignity and respect. And in that sense, that does involve us spreading around opportunity.”
This is not the guy I want in the Oval Office. Imagine the hyperbole he could throw at foreign leaders, intending to confuse them as he intends to confuse Americans.

Posted by: cinkid56 | October 28, 2008, 9:13 pm 9:13 pm

Angus = Obama is a whole lot more qualified than stupid Palin. As for McCain, just because he’s been there forever doesn’t make him intelligent. Look at his VP choice and the way he’s running this campaign, not to mention the way he’s supported Bush the last 8 years.
Besides as a normal Repub, you twist words… Obama has more experience than a partial senate term. Nice try though.

Posted by: Julie | October 28, 2008, 9:13 pm 9:13 pm

Julie – Thanks for proving my point. Clinton did not lower the taxes on the wealthy. I think we are in agreement – I think.

Posted by: George | October 28, 2008, 9:14 pm 9:14 pm

jock59801, I couldn’t have said it better:-)

Posted by: Liz | October 28, 2008, 9:14 pm 9:14 pm

I am guessing that you are too young to recall the last time the American People went to the polls and elected an “intelligent, well tempered” President. Unfortunately, Jimmy Carter was a TOTAL disaster.Double digit interest rates, double digit inflation, and we were the JOKE of the world on his failed foreign policy. And yes, those are the facts.

Posted by: angus | October 28, 2008, 9:14 pm 9:14 pm

Republican are always says socialized medicine is terible, All our allies have it, and in the 41 yrs of my life I am unaware of a massive death toll as a result. As for all these horrible socialist allies we have, they beat us in education, stardard of living, crime rates are lower etc. The only category we seem to lead in is productivity. And this is the American workers reward? Wall Street and Big Oil running over us and its a democracy? When the Republican are about to find out what democracy is all about. MAJORITY RULE!!!

Posted by: Paul | October 28, 2008, 9:15 pm 9:15 pm

Repub’s, stop your whining and take your medicine. The next four years won’t be anything like the last eight. Be cool, you’ll get another turn.

Posted by: Soreheads | October 28, 2008, 9:15 pm 9:15 pm

cinkid56
Well, no, it was not very succint, but it sounds fine to me.

Posted by: jock59801 | October 28, 2008, 9:16 pm 9:16 pm

Twisting words..hmm..kind of like “redistribution of wealth?” Unless you failed High School Government, you should know that is called Socialism, which the last time I checked, the US is NOT. But don’t panic, if Obama gets in we will be…oh yes we will be.

Posted by: angus | October 28, 2008, 9:17 pm 9:17 pm

What a laugh.
Talk about cherry picking polls.
How about Gallup showing only a 2% gap between the Messiah and McCain?
If it were the other way around, and Obama had closed it that much, we all know that would be the huge headline of all the major media players.
But it doesn’t serve their choice, so they craft the “news” to for something like this.

Posted by: Tim | October 28, 2008, 9:18 pm 9:18 pm

angus
So, we once had an “intelligent, well tempered” President who wasn’t so good (according to you).
Therefore, all “intelligent, well tempered” Presidents must be bad?
You didn’t do very well in Logic class, did you?

Posted by: jock59801 | October 28, 2008, 9:18 pm 9:18 pm

Anybody with half a brain has to realize with the debt America is in right now,through Bush’s extravagant spending, mostly in a war we didn’t need to spend our taxes on. I stll believe in a true democracy, “we the people” should have the final vote when going to war, since it’s our tax dollars that fund a war. Barack Obama is a very upfront, honest person with indegrity, that is telling the voters how it has to be in raising taxes, but in a fairer more evenly distributed way of taxing Americans to keep the middle class strong by not overtaxing them, but by taxing the extremely rich more, since they got rich off of the backs of the hard working, taxpaying middle class in the first place. Obama is a much more clear thinkning person, that looks at the whole picture in a situation, and demonstrates his senseable way of leadership. McCain has proven to be more of a go along with the crowd type person, in going along with Bush 90% of the time. We want a leader, not a follower.

Posted by: jms55 | October 28, 2008, 9:19 pm 9:19 pm

WHAT IS JOHN McCAIN UP TO?
With Obama running at 10-to-12 points higher than McSame in the Pennsylvania polls, why is McSame making such a hard stand in Pennsylvania? You would think McSame would be making a stand in Florida where Obama has only a 4-point lead over McSame.
Maybe McSame knows the “Republican Fix” is in? I guess Pennsylvania better prepare for another “Rick Warren – Saddleback Church – Big McSame Cheatfest”.
GOD Bless the United States of America!
GOD Bless the Obama-Biden Leadership Team!

Posted by: Perusing-Through | October 28, 2008, 9:20 pm 9:20 pm

Geroge Consider this reality. Your one with a secure job and you are not an employer. “One of the largest root causes of our economic problem relates to the fact that the majority of elected officials in both parties have never owned or operated a small business of any kind. The laws they have passed reflect this reality. Very few Politicians know what it is really like to actually create a job, to borrow personal money to meet a payroll. They have Government jobs with paid benefits. They say that they are going to provide more jobs, but listen closely, only one is telling you how these jobs will be created and where they will come from. It is difficult to create jobs when your party is killing the job creators, the small business owners. McCain is the best of the two candidates for small business owners. Small business owners are the largest employers in America. Protect them and they will create the jobs”.

Posted by: Lon Gibby | October 28, 2008, 9:21 pm 9:21 pm

The last time I looked at the Constitution, Congress has control of the purse strings..not the Executive Branch…soooo who is to blame? Why can those out there who are espousing Liberal viewpoints not accept the fact that the democratically controlled Congress has screwed the pooch?

Posted by: angus | October 28, 2008, 9:21 pm 9:21 pm

Tim
To avoid cherry-picking polls, most people go to one of the poll summary sites like RCP or pollster. They currently both have averages of +6.7 for Obama, which is indeed slightly less than the 7.5-8 he had last week.
He is also at least 7 points ahead in enough states to win.
Are polls always right? Of course not, but I would still rather be ahead than behind.

Posted by: jock59801 | October 28, 2008, 9:22 pm 9:22 pm

Sarah Palin knows a bit about socialism and sharing the wealth personally as she said in an interview in The New Yorker magazine,
“And Alaska—we’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs.” And she said, “Our state constitution—it lays it out for me, how I’m to conduct business with resource development here as the state C.E.O. It’s to maximize benefits for Alaskans, not an individual company, not some multinational somewhere, but for Alaskans.”
Alaska is sometimes described as America’s socialist state, because of its collective ownership of resources—an arrangement that allows permanent residents to collect a dividend on the state’s oil royalties. It has been Palin’s good fortune to govern the state at a time of record oil prices, which means record dividend checks: two thousand dollars for every Alaskan. And because high oil prices also mean staggering heating bills in such a cold place—and because it’s always good politics to give money to voters—Palin got the legislature this year to send an extra twelve hundred dollars to every Alaskan man, woman, and child.

Posted by: ahumbleopinion | October 28, 2008, 9:22 pm 9:22 pm

Actions speak louder than words, but results speak loudest of all. Just look at the state of our economy: with Republican George Bush in the White House, there hasn’t been a “redistribution of wealth”, there’s been a wholesale “annihilation of wealth”. People’s savings and investments have evaporated in a matter of weeks. Nine straight months of job losses. Record home foreclosures. The necessity of a government bailout of a collapsed financial system. A major recession either already here or soon to occur. Just like his father George Sr., Bush Jr. is ending his term with a major recession, with the middle class and poor hit hardest of all. Bush Sr., Bush Jr. and McCain all share the Republican philosophy of giving big business and the wealthy massive tax cuts, promising only that someday some meager drippings will “trickle down” to the middle class and poor. The fact is, during the last two Republican Administrations (George Bush Sr. and now Jr. George), the gap between rich and poor widened, the deficit skyrocketed, and the economy went into a major recession, hurting the middle class and poor hardest. Enough with the Republican mismanagement of our economy! Enough with their policies that always favor big business and the wealthy. Our priorities need to be focused on helping the middle class and the poor. Next week, vote to change the direction of our country by voting for Obama!

Posted by: Chumley | October 28, 2008, 9:22 pm 9:22 pm

What does the triumvirate of Obama-Pelosi-Reid offer?
Rep. Barney Frank is calling for new tax hikes on the most successful and a 25 percent across-the-board slash in national defense. Sen. John Kerry is talking up new and massive federal spending, a la FDR’s New Deal. Specifically, we can almost surely expect:
– Swift amnesty for 12 million to 20 million illegal aliens and a drive to make them citizens and register them, as in the Bill Clinton years. This will mean that Nevada, Colorado, New Mexico and Arizona will soon move out of reach for GOP presidential candidates, as has California.
– Border security will go on the backburner, and America will have a virtual open border with a Mexico of 110 million.
– Taxes will be raised on the top 5 percent of wage-earners, who now carry 60 percent of the U.S. income tax burden, and tens of millions of checks will be sent out to the 40 percent of wage-earners who pay no federal income tax. Like the man said, redistribute the wealth, spread it around.
– Social Security taxes will be raised on the most successful among us, and capital gains taxes will be raised from 15 percent to 20 percent. The Bush tax cuts will be repealed, and death taxes reimposed.
– Two or three more liberal activists of the Ruth Bader Ginsberg-John Paul Stevens stripe will be named to the Supreme Court. U.S. district and appellate courts will be stacked with “progressives.”
– Special protections for homosexuals will be written into all civil rights laws, and gays and lesbians in the military will be invited to come out of the closet. “Don’t ask, don’t tell” will be dead.
– The homosexual marriages that state judges have forced California, Massachusetts and Connecticut to recognize, an Obama Congress or Obama court will require all 50 states to recognize.
– A “Freedom of Choice Act” nullifying all state restrictions on abortions will be enacted. America will become the most pro-abortion nation on earth.
– Affirmative action — hiring and promotions based on race, sex and sexual orientation until specified quotas are reached — will be rigorously enforced throughout the U.S. government and private sector.
– Universal health insurance will be enacted, covering legal and illegal immigrants, providing another powerful magnet for the world to come to America, if necessary by breaching her borders.
– A federal bailout of states and municipalities to keep state and local governments spending up could come in December or early next year.
– The first trillion-dollar deficit will be run in the first year of an Obama presidency. It will be the first of many.
Welcome to Obamaland!

Posted by: John | October 28, 2008, 9:23 pm 9:23 pm

All the crazy right wingers, it will be all right. Obama will not govern like a dictator. Bush/Cheney has ruined your brand by not respecting all 3 branches of government. So rather than admit what you have allowed to go on in your own party. You try scaring your own citizens? If the sky was gonna fall it would have happened in the last 8 yrs.

Posted by: paul | October 28, 2008, 9:23 pm 9:23 pm

JOHN McCAIN talks about puting country first instead, he put polotics over country.john mccain picked SARA PALIN for VP becaouse of polotics somehow to win hillary supporter. now that is playing same old polotics game.
ON tax issue john mccain want to give tax cut to the wealthes companies. incontrast BRACK OBAMA want to give 95 percent to middle callas family. by the way, the plumber dont make more tha $250,000 a year. john mccain is just playing polotics as usual.

Posted by: mike | October 28, 2008, 9:24 pm 9:24 pm

Angus, will you stop with redistribution of wealth already. That scare tactic doesn’t work anymore. How’s the economy working so far under Republican rule? The majority of Americans are not idiots so stop parroting idiots. We’re over the scare tactics and ready to move forward to recovering of our economy and our country.

Posted by: Liz | October 28, 2008, 9:24 pm 9:24 pm

Personally, I’m FOR having the rich move back to pre-Bush tax rates and my family getting a tax break.

Posted by: I Like It | October 28, 2008, 9:24 pm 9:24 pm

cinkid56
Well, no, it was not very succint, but it sounds fine to me.
Posted by: jock59801
NOT SUCCINT? He sounds like a confused fifth grader caught with his hand in the cookie jar. Which is exactly the case. He is lying. Obama will raise taxes on capital gains, income on every level, inheritance, gasoline, and every federal tax he can to finance his pie-in-the-sky wish list. Beware: he will raise your taxes. And so far as I know, the MSMedia has not asked his positions on foreign aid to Africa, or reparations for slavery; not that it would matter, he would lie.

Posted by: cinkid56 | October 28, 2008, 9:24 pm 9:24 pm

Just seeing alot of similarities between Jimmy and Obammy is all…and as a teacher of History, I have learned to take lessons from history. “The fool who ignores the lessons of history is damned to repeat them”….so why make the same mistake twice? And FYI…got an A in Ethics and Logic, my friend

Posted by: angus | October 28, 2008, 9:25 pm 9:25 pm

Please. ABC news people have lost all trust from the US people. Fawning over Obama like love-struck school girls…all of you. I refuse to watch ABC any longer because of the obvious bias towards Obama. Good Bye ABC

Posted by: livininindy | October 28, 2008, 9:25 pm 9:25 pm

Perusing-Through
“Why is McCain making such a hard stand in Pennsylvania?”
Because he has to have it to win. Florida is not enough. Florida, Ohio, Virginia, and Colorado would also not be enough. He needs ALL of those PLUS a blue state. He chose Pennsylvania (good luck with that).
But you are right that if there is going to be any hanky-panky, Penn. would therefore be a likely spot

Posted by: jock59801 | October 28, 2008, 9:26 pm 9:26 pm

All titles of videos on you tube,
YOU HAVE TO SEE
Then decide how you will vote
Obama congressional black caucus connected to failed Fannie mae lehman brothers freddie conscious family of freddy mac freddie mac
OBAMA CAUGHT SAYING ACORN AND FRIENDS WILL SHAPE HIS PRESIDENTIAL AGENDA
SHOCKER! Dems Defend Fannie May/Freddie Mac
Who’ Guilty in Fannie May Freddie Mercury Scandal
Once you look at these videos you will see who is at fault.

Posted by: John | October 28, 2008, 9:27 pm 9:27 pm

The media bias is awful! That being said, I want to point you to a video that is important for all women to see. I am a former democrat now independent who is voting for McCain/Palin.
If you go to You tube and then after the .com/ paste watch?v=dHxT5UjKWe0&eurl=http://www.noquarterusa.net/blog/ you will see a video that may change your vote.
I am sick of corruption and sexism ruining women’s chances.
I am only 30 and yet I have seen young men get promoted over women who were more qualified, time and time again.
During the primaries I saw this happen to Hillary Clinton. Not only was the media overwhelmingly sexist but the democratic party was too. In addition, ACORN and the Obama team participated in voter fraud and completely took over the caucuses.
My vote for McCain was initially a protest vote against Obama’s corrupt rise to the top. Then, I saw the way that Palin was treated by the press. The sexism was disgusting.
Obama has close to ZERO experience and has done nothing to create real change in the country, but he did have a lot of time to prepare to run for office, so he has all the right answers. Palin had no time to prepare. Even though she has executive experience, and Obama has none, the media accused her of being unqualified to be VP.
The difference is the brilliant marketing strategy of DAVID AXELROD. He has marketed Obama as this brilliant leader who will fix all of the country’s problems. How? We don’t know because his vision of “Hope” and “Change” is vague enough to let people believe that their “hope” and “change” is the same as Obama’s. Then you have the celebrity endorsements. Those are priceless. Oprah made Obama what he is today. Obama is like the hot new product that is flying off the shelf because Oprah said it is good. The problem is people forgot to read the fine print. “* Experience and judgment not included, corruption included in every box.”
I guess that is all I have to say for now. I just hope that I can change at least one vote.
I am a woman and a former democrat who is proud to vote McCain/Palin

Posted by: Emma | October 28, 2008, 9:27 pm 9:27 pm

cinkid56
You are free to assume he is lying, but it is still just your assumption.

Posted by: jock59801 | October 28, 2008, 9:28 pm 9:28 pm

Angus writes “Why can those out there who are espousing Liberal viewpoints not accept the fact that the democratically controlled Congress has screwed the pooch”
The answer is simple, The only have had a 1 seat majority and only that for the last 20 months? PLEEEEEEEEEEASE

Posted by: Paul | October 28, 2008, 9:28 pm 9:28 pm

John, your blather is just that…blather. It’s time to move on to doing what’s right and getting our country back to where she should be by working together and stopping all the diviseness.

Posted by: Liz | October 28, 2008, 9:28 pm 9:28 pm

I will not let McCain tax me more so he can give it to the wealthy. That movie failed at the box office, multiple times.
I am so sick of hearing McCain repeat the same lies over and over again. The man is on the brink of mental illness and will do anything, no matter how sleazy or unethical, just to win this election, and most people are seeing this as clear as day.
Obama/Biden 2008

Posted by: Mary Sue | October 28, 2008, 9:29 pm 9:29 pm

well spoken Tim,i dont know how much progress you will make though speaking to people who support a man who compares his own country to NAZI GERMANY. I DONT KNOW WHAT THAT SAYS ABOUT MANY OF OUR COUNTRYMEN OTHER THAN THE FACT THAT THEY ARE TOTALLY BLIND OR IGNORANT!!!!!!!

Posted by: chad | October 28, 2008, 9:29 pm 9:29 pm

Tim the poll you are referring with 2%Gallup’s “traditional” likely voter model, which Gallup has employed for past elections, factors in prior voting behavior as well as current voting intention. This has generally shown a closer contest, reflecting the fact that Republicans have typically been more likely to vote than Democrats in previous elections. The Democrats are galvanized this election. I would put much stock in this poll.

Posted by: Indy Voter | October 28, 2008, 9:31 pm 9:31 pm

** I am a woman and a former democrat who
** is proud to vote McCain/Palin
Oh please, get off your soapbox and shave your beard.. nobody is buying that crap anymore.

Posted by: Mary Sue | October 28, 2008, 9:32 pm 9:32 pm

Emma
I am not a big fan of caucuses either, but the Clintons could have contested them just as easily. They chose not to, which was one of their biggest mistakes.
I like Hillary Clinton, but she lost. Not so keen on Palin, but she doesn’t affect my vote.

Posted by: jock59801 | October 28, 2008, 9:32 pm 9:32 pm

John, the subprime loan debacle is not the fault of poor people. Poor people have no power period. Common sense should tell you that. Money is power so how could the poor cause such a debacle? Stop listening to Limbaugh and O’Reilly, they don’t have your interest at heart, they have their multi-millionaire interests at heart.

Posted by: Liz | October 28, 2008, 9:32 pm 9:32 pm

The polls are somewhat hampered by the fact that none of the “likely voter” models are going to work this election.
One thing we can be sure of, though. We will all find out together!

Posted by: jock59801 | October 28, 2008, 9:35 pm 9:35 pm

LA Times Refuses to Release Tape of Obama Praising Controversial Activist
The Los Angeles Times is refusing to release a videotape that it says shows Barack Obama praising a Chicago professor who was an alleged mouthpiece for the Palestine Liberation Organization while it was a designated terrorist group in the 1970s and ’80s.
According an LA Times article written by Peter Wallsten in April, Obama was a “friend and frequent dinner companion” of Rashid Khalidi, who from 1976 to1982 was reportedly a director of the official Palestinian press agency, WAFA, which was operating in exile from Beirut with the PLO.
http://www.latimes.com/news/politics/la-na-obamamideast10apr10,0,1780231,full.story
Does the man have anyone in his life that isn’t controversial?
He is not what he pretends to be.

Posted by: HH | October 28, 2008, 9:35 pm 9:35 pm

What does the triumvirate of Obama-Pelosi-Reid offer? Rep. Barney Frank is calling for new tax hikes on the most successful and a 25 percent across-the-board slash in national defense. Sen. John Kerry is talking up new and massive federal spending, a la FDR’s New Deal. Specifically, we can almost surely expect: — Swift amnesty for 12 million to 20 million illegal aliens and a drive to make them citizens and register them, as in the Bill Clinton years. This will mean that Nevada, Colorado, New Mexico and Arizona will soon move out of reach for GOP presidential candidates, as has California.

Posted by: wethefree | October 28, 2008, 9:35 pm 9:35 pm

It doesn’t matter to me what the bottom line is: he can raise my taxes 50% or abolish them altogether. Enough mis-management by crisis. Enough bail-out’s for big business. Enough wars and not even the basic oversight of unscrupulous business that has led the world economy to the brink of collapse, bled our economy dry and put hundreds of thousands out of work.
And enough of the sham lies that only divert our attention from the big issues. On the single subject of his citizenship, they’ve done nothing but use deceit and half-truth. It took me days but I finally researched this myself. A naturalized citizen is ANY individual who is an American citizen at birth. This includes ANYONE born to at least one American parent ANYWHERE at the time of birth. They’ve produced sham birth certificates from areas as diverse as Canada, Indonesia and Kenya.
If they’d lie about this, they’d lie about the rest of it. They’ve lied for eight years and their butts will be sent packing next Tuesday. This, from a middle aged, white, retired Army man and life-long member of the NRA.
It’s time to put the hate- and fear-mongering behind us. If you folks truly debated the core issues essential to this campaign, you might have had a fighting change. Then again, considering how those issues have been addressed since Reaganomics, I suspect you would not.
Neo-Conservativism is dead, along with the unholy alliance between religion and politics in this country.

Posted by: Brad Melton | October 28, 2008, 9:35 pm 9:35 pm

If anyone would look at the record and what palin has to deal with in Alaska she is a hell of a lot more qualified than Obama or Bide.
As head of hte National Guard, she does not have a lot of say. But as Governor of Alaska she has one National Guard troop on active duty 365, the only one like it in the nation
WHY, because that unit is our misile defense against Russia. SHe has had more access to classified documents. ANd I know that is more than a junior senator from chicago.
I also know her seceruty clearance is a lot higher than that twit for a brain Obama.
Look at some facts people.

Posted by: John | October 28, 2008, 9:36 pm 9:36 pm

For the person who claimed that Obama would charge people capital gains on all home sales…that bit of misinformation is from an erroneous email that was being sent around.
It is patently false and has been debunked on Factcheck.org and Snopes. (In fact Factcheck notes that most of the email is false and updated the entry in August, noting that one of the emails had apparently been circulated by a Wachovia employee, a fact which Wachovia apologized for and indicated that the employee “had been dealt with”). To read more about this erroneous email (in case it comes up again), I’ve included the link. If you don’t want to click on a linke, however, you can go to FactCheck and type in Obama Home Sales. The July 10th entry is the one in question.
http://www.factcheck.org/askfactcheck/would_obama_tax_my_profits_if_i.html

Posted by: pagetraveler | October 28, 2008, 9:36 pm 9:36 pm

cinkid56
You are free to assume he is lying, but it is still just your assumption.
Posted by: jock59801
Y’know, Jock, there is probably nothing I can do to change your mind, but the biggest lie Obama and his supporters believe is that he is in any way qualified for the position you are going to vote for him. No experience, ties to criminals and America haters, truth-avoidance. Remember Hillary’s line: “All Obama has done is give a speech”. And you and your ilk have been herded like lemmings.

Posted by: cinkid56 | October 28, 2008, 9:37 pm 9:37 pm

HH
Careful, Drudge seems to have already pulled the Khalidi story upon finding out that McCain is tied to him as well:
“During the 1990s, while he served as chairman of the International Republican Institute (IRI), McCain distributed several grants to the Palestinian research center co-founded by Khalidi, including one worth half a million dollars.”

Posted by: jock59801 | October 28, 2008, 9:38 pm 9:38 pm

Emma, please don’t quote noquarterusa because it not a credible site. It is one of the most sickening and lying websites I’ve ever seen. If you don’t want to vote for Obama that’s fine but at least have a reasonable educated reason for doing so rather than getting your education from the obsurd writings on noquarterusa.

Posted by: Liz | October 28, 2008, 9:39 pm 9:39 pm

cinkid56
Apparently, many millions of Americans disagree with your assessment of Obama. That’s OK. That’s why we have a democracy.

Posted by: jock59801 | October 28, 2008, 9:39 pm 9:39 pm

Bottom line for me is Obama is a light-centric guy. He talks in positive ways and carries himself with an uplifting persona. McCain doesnt offer me anything in that way. He’s far too negative. He takes an approach that just doesnt give me any reason to think he wont change his mind again and again and again. He does it enough already. His running mate is off in her own world and the fractures are too apparent between the two. No synergy.

Posted by: Eruc | October 28, 2008, 9:39 pm 9:39 pm

Brad Melton
Actually you are wrong, it changed since Obama was born.
Do some more research

Posted by: John | October 28, 2008, 9:41 pm 9:41 pm

John
I think a U.S. Senator on the Foreign relations committee has probably seen a few classified documents. LOL

Posted by: jock59801 | October 28, 2008, 9:42 pm 9:42 pm

Sorry cinkid56, but Obama is more qualified to run this country than any other candidate, by a long shot.
The primary duty of the President is to execute and uphold the laws of the land, and to act as a national ambassador steering our foreign policy decisions in it’s relationships with other nations.
He is a constitutional law expert, intelligent, rational and well versed in international relations. The whole world is rooting him on and all foreign head of states are supporting him.

Posted by: Mary Sue | October 28, 2008, 9:43 pm 9:43 pm

John: I can’t even begin to imagine what Sarah Palin would look like as President of the United States. I know what she’d sound like. You Betchya. It ain’t gonna happen. I know GOP have limited choices this time around, and they aren’t pretty. Hold out for the rebuilding process and some better candidates next time. Don’t lower yourself to suggesting that Palin, for all of her abilities, is going to cut the mustard on the International Stage. We’d be a laughing stock. And that kind of thing matters as much as any other National Security matter. It really does. If we look like a nation of fools, we’ll be treated accordingly.

Posted by: chester burns | October 28, 2008, 9:43 pm 9:43 pm

Jerusalem (CNSNews.com) – A Palestinian student in the Gaza Strip is spending his nights making phone calls to the United States, urging Americans to vote for Democratic presidential candidate Barack Obama, according to Palestinian media.
“Twenty-three-year-old Ibrahim Abu Jayyab sits by the computer in the Nusairat refugee camp [in the Gaza Strip], trying to call American citizens in order to convince them to vote for the Democratic candidate for president, Barack Obama,” the Palestinian Authority daily Al-Hayat Al Jadida reported this week.
According to the paper, most Palestinians “feel hatred” toward the U.S., whose administrations “have always stood by Israel.”
Abu Jayyab, a media studies student, uses the Internet to make free calls to the U.S. “We dial random numbers and try to call people without knowing their identity or their affiliation,” he was quoted as saying, according to a translation provided by the Palestinian Media Watch, an independent Israeli research organization.
Abu Jayyab, who works with 17 of his friends at a small Internet café in the Gaza Strip, said his pro-Obama campaigning started during the primaries after he studied Obama’s stand on the issues, Al Jazeera television quoted him as saying. He said he thought Obama had the potential to bring “change” to the Middle East.

Posted by: John | October 28, 2008, 9:43 pm 9:43 pm

Obama is going to cut taxes for anyone who makes200,000 and under and keep taxes the same for people who make 200,000-250,000 dollars, and raise taxes for people who make over 250,000 dollars. So dont go and spread rumors that he is lowering the salary at which he is going to tax people more. He is only taxing more people who make over 250,000.

Posted by: ES | October 28, 2008, 9:44 pm 9:44 pm

IF YOU BELIEVE THAT OBAMA IS LEADING MCCAIN IN THE GENERAL BY ABC 13-POINTS WHILE EVERY OTHER POLLS SAY MORE LIKE BETWEEN 2 AND 4 POINTS… THEN YOU MAY BELIEVE ABC WEIRD POLL.
GALLUP LIKELY VOTERS =OBAMA BY 2 POINTS..
SO HERE, STEPHANOPOLOUS IS AN OBAMA GUY.. SO WHAT ELSE WAS IN THE POLLS AND WHY IS OBAMA’S LEADERSHIP HEADLINE AND NOT HWERE MCCAIN IS LEADING..

Posted by: TJ, THE CLINTONITE | October 28, 2008, 9:45 pm 9:45 pm

I have to admit that I like the shift in political wind this year. I notice that many Republicans are hoping the same attack mode will work today as it did in the past. I guess they haven’t been paying enough attention to the weather. They actually needed a real message this time.

Posted by: Today | October 28, 2008, 9:45 pm 9:45 pm

It is not the only support Obama has received from Palestinians in the Gaza Strip.
Two Palestinian brothers purchased $33,000 worth of T-shirts from the campaign’s online store earlier this year. Because it was a bulk order it was considered a donation. They had listed their address as “Ga,” which the campaign thought meant Georgia instead of Gaza. The money reportedly was returned.
Obama already has distanced himself from an earlier endorsement by a Hamas official.
Joanne Yaron, chairwoman for Democrats Abroad in Israel, said she though it was “lovely” that Palestinians in Gaza were campaigning for Obama.

Posted by: John | October 28, 2008, 9:46 pm 9:46 pm

As a republican that makes over 200,000..I agree with Borack Obama taxes. You can go to his web site. http://WWW.BARACKOBAMA.COM and there is a calculator. Go ahead and put the amount you make a year and it will tell you how much he will give as a tax cut, its a really coo tool, try it does not matter if your voting for McCAIN, just try and see how much the cut will be. You will be amazed on how much Obama will cut your taxes. Dont let McCain tell you a lie. Obama will cut taxes to 95% of folks. Keep in mind that the majority of small business dont make over 250,000 a year. Also the majority of Americans dont make over 250,000. Obama is for the Woerking class and the middle class, period. As a republican I will cast my vote for Obama a million times over.. I dont like Sarah Palin. Palin has abused the powers as a governor. Sarah Palin has become a huge liability to the McCain camp. I beive that she is not a very samrt person. Im sorry McCain looks and acts ill, if he dies I dont want this women runnig this nation..She will be a disaster.

Posted by: Mike | October 28, 2008, 9:46 pm 9:46 pm

On CNN today, McCain adviser Douglas Holtz-Eakin said workers who already receive health insurance from their employers would not take advantage of McCain’s offer of a $5,000 tax credit to buy their own coverage.
“Why would they leave?” Holtz-Eakin asked. “What they are getting from their employer is way better than what they could get with the credit.”
One thing Holtz-Eakin didn’t mention…. McCain’s plan would actually discourage employers from continuing their health care plan.
The result? You would be losing your “way better” better coverage and be forced to go out and shop for coverage with your $5000 tax credit.
Can you say, “disaster for those of us who are covered by a decent employee health care plan!”
As Joe Scarboro said: “The Republicans can always convince the middle class to vote against their own economic self interest.” Folks…. that came from a hard core Republican, not me!

Posted by: HCMA | October 28, 2008, 9:46 pm 9:46 pm

John
That is an old story, if it was ever true, but I guess the guy has a right to call anyone he wants to.
And of course many Palestinians “feel hatred” toward the U.S. For good reason.

Posted by: jock59801 | October 28, 2008, 9:47 pm 9:47 pm

I would take Palin over George the big eared monkey any day.

Posted by: John | October 28, 2008, 9:48 pm 9:48 pm

John
McCain also had to return some money that turned out to be from Jordan. It happens.

Posted by: jock59801 | October 28, 2008, 9:48 pm 9:48 pm

I read the Huffington Post and find them very credible with great articles. However, I know better than to quote them when making an argument to the right because I know my argument won’t be taken seriously if I quote them, so I don’t. Likewise, I can’t understand why people post worlddailynet and noquarterusa as proof of an argument when those are two of worst websites, right up there with Limbaugh, Hannity and O’Reilly, as the most lying websites I’ve ever seen. They are not even in the same league as Huffington Post. I, instead of posting Huffington as my source, will find a second source that is mainstream to prove my point which is obviously not a consideration that right wingers take. If they believe it they will post it no matter the source.

Posted by: Liz | October 28, 2008, 9:48 pm 9:48 pm

He is a constitutional law expert, intelligent, rational and well versed in international relations. The whole world is rooting him on and all foreign head of states are supporting him.
Posted by: Mary Sue
He is none of the above re: your first sentence. As to your second sentence, perhaps foreign leaders see a chance to knock the U.S. down a peg if he is elected.
As to his intelligence, I again refer you to a statement he made last week explaining his “spread the wealth” statement:
“The simple point I was making was that even assuming he’s at a point that he wants to buy a business that he hopes will generate more than $250,000, the point I was making was that ten years ago or five years ago or even a year ago when he was making a lot less than that, he was having a tough time. … We don’t mind people getting enormously wealthy because of their skills and their talents and their drive. But we always want to make sure that the playing field is such where everybody who’s got a good idea has a chance to succeed. Everybody’s got a chance to get financing. Everybody who works hard is able to raise their family. Everybody has an opportunity if they act responsibly to send their kids to college and retire with dignity and respect. And in that sense, that does involve us spreading around opportunity.”
That is absolute krapola, uttered two weeks before the election now looming.

Posted by: cinkid56 | October 28, 2008, 9:49 pm 9:49 pm

George ~ your biased opinions and illogical polling results, which continuously favor Barrack (Barry) Hussein Obama, are ludicrous. You’ve been manipulating this data and misleading the public by calling the election results long before the votes are complete. We want to know where those campaign funds are coming from, $150mm last month and the media isn’t investigating the contribution listings, so let’s distract the voters by headlining Gov. Palin’s wardrobe. What has Obama accomplished? Nothing. He has not followed through on his campaign promises on the Senate elections, Chicago has one of the highest rates of crime and murder in the country. If he can’t “fix” his home state, what makes anyone believe his dream plan will be successful? Gov. Palin is continuously attacked for her statements, credentials and now her wardrobe, while Sen. Biden campaigns as a lunatic, references prior Presidents appearing on television for economic conferences long before the technology was even invented. Where are the headlines for this idiot’s statements? Investigate and report on where all this money is coming from and question Obama for accepting public contributions after giving his word to McCain that he wouldn’t. People – this guy is a racist, surrounds himself with terrorists and let’s not forget that horrific demon minister. The Dems want to control Congress and the White House, if elected this country will become a dictatorship. So which foreign country will come to our aid to save the Americans from their government? Iran? North Korea? Or why not open the borders to the Taliban. Stop swallowing the koolaid, vote for leadership, character, stability and experience. McCain/Palin will turn this country around and they have my Independent vote.

Posted by: Teresa NY | October 28, 2008, 9:49 pm 9:49 pm

John, it’s all right there and used by all attorneys at the direction of The Department of Naturalization and Immigration:
8 USC 1401

Posted by: Brad Melton | October 28, 2008, 9:50 pm 9:50 pm

If you want a new war, elect McCain. His presidency would guarantee a war. McCain’s whole career was built on POW. “I was a POW, I was a POW”. POW is all he got.

Posted by: leighg1 | October 28, 2008, 9:50 pm 9:50 pm

cinkid: The only person who is qualified to be President is the person who has done it before. Anyone who has never been President is untested.
Obama is the right person at the right time. No, you wont be changing my mind, nor will I change yours. It’s OK to have different opinions.
There is something in Obama’s speeches that resonates. That is not an insignificant thing. Because it inspires people. Obama will become one of the finest Presidents we have ever had. Because the people, inspired by what he stands for – will be uplifted by him, and lift him up. That’s how it works. There is nothing inspiration in the McCain-Palin campaign. Nothing. Not one thing. No change, no chance, no hope. Just more of the same old grind. We want a chance to move forward again. With Obama, we can do that.

Posted by: chester burns | October 28, 2008, 9:50 pm 9:50 pm

Listen to Obama on the 2001 CHicago station.
He is talking of a MAJOPR CHANGE to our Constitution.
He says we did not go far enoiugh in giving Blacks equal rights. He wants teh US to repay them with money, taken from others.
Please listen to the comments he made, back in 2001, redestributive change = redistribution of wealth today.

Posted by: John | October 28, 2008, 9:50 pm 9:50 pm

Thta is current law, not old law.

Posted by: John | October 28, 2008, 9:51 pm 9:51 pm

John, and Al Qaeda supports John McCain. Your point is?

Posted by: Liz | October 28, 2008, 9:51 pm 9:51 pm

cinkid56
Hey, you try to talk 8 hours a day, seven days a week, for 21 months, and see what starts coming out of YOUR mouth.
I’m surprised these poor guys can stay coherent at all at his point.

Posted by: jock59801 | October 28, 2008, 9:52 pm 9:52 pm

Leigh: Check the Rolling Stone article about McCain on their website. If ‘POW’ is all McCain has got, he hasn’t got much.

Posted by: chester burns | October 28, 2008, 9:52 pm 9:52 pm

I agree. As an un decider vote just as today. I made up my mind. I will be voting for the best team and that is not McCain/Palin. I will vote obama. I really belive that that Obama is the best person for the job. I know it took me a bit to decide but after attending a rally her in PA for Sarah Palin, I cant belive that this is the best the us republicans can do. Her speech was just on the attack and no substance at all. All she does is talk negative and she offers no solution for the issues that are hurting americans. I was so turned off my all this. Sarah Palin sounde like a home coming beauty queen. I just dont undestand why we republicans picked this lady…Is this the best we can do!!! Sad!!!

Posted by: John-Pa | October 28, 2008, 9:52 pm 9:52 pm

MCCAIN LEADS ON THE ISSUE OF WHO IS MORE CAPABLE OF HANDLING MAJOR CRISIS.
MCCAIN 48 OBAMA 46
STEPHANOPOLOUS BURIED THAT.
MAJOR CRISIS SHOULD BE HEADLINE.
THEY TOLD ME YOU DID STUFF LIKE THIS FOR OVBAMA. COME OUT AND DECLARE YOURSELF.. JUST MANIPULATING THIS ELECTION, ARENT YOU?

Posted by: TJ, THE CLINTONITE | October 28, 2008, 9:52 pm 9:52 pm

Republicans live in denial. I have heard this no tax mantra from the republicans in every election for 40 years. That is why I left the party. It is amazing it still works. Here are the results. Ronald Reagan record spending, record deficits and raised taxes to fight the cold war; “No new taxes” George Bush Senior record deficits, record spending and raised taxes; Bill Clinton tells the truth, cut spending “big time” and resulted in budget surplus and economic prosperity (delusional republicans deny this fact); George Bush Jr. record deficits, record spending, two unnecessary wars and worst economic crisis since the great depression. The problem with Republicans is they believe the lie. I at least respect John McCain for telling the truth when he says he does not understand economics. Why would we listen to someone who tells us they do not understand the subject? McCain is a “same old republican”. Even Alan Greenspan said he was wrong on regulation. Woops!

Posted by: Perspective | October 28, 2008, 9:52 pm 9:52 pm

They called Clinton socialist as well. Obama’s policy=Clinton’s
McCain’s policy=Bush’s

Posted by: leighg1 | October 28, 2008, 9:53 pm 9:53 pm

Yeah John.. Obama the constitutional law expert wanting to change it instead of protect it.. too funny!

Posted by: Mary Sue | October 28, 2008, 9:53 pm 9:53 pm

Theresa – if you don’t like this ‘biased’ cite, check out Fox…You’ll be Happy there. Most of it isn’t true, but you’ll be Happy there.

Posted by: chester burns | October 28, 2008, 9:55 pm 9:55 pm

I have seen a few comments out there that Obama keeps changing his mind on who he’s going to tax..
But if you remember back as McCain can’t, he just figured out the the economical crisis and is trying to play follow the leader and saying that he understands the american public and their time of need,, BLAH BLAH – he is so far out in left field, that he can’t even remember how many homes he has.
So you want someone in their that has memory loss & a “Diva” to take his place when alsheimers kicks in.
I live in Michigan and have seen all of the people struggling here to keep their job, while the evil Corporations send their jobs overseas and then the families that have lost their homes and can barely feed their children, so you tell me REPUBS, How many of you have had to deal with these issues???? Wake UP People, if you want to eat and shelter your family, you need to vote for the person who is going to help you and not the Big Corporations…
OBAMA/BIDEN “08″

Posted by: dizzy1125***OBAMA 08*** | October 28, 2008, 9:55 pm 9:55 pm

McCain has been telling the truth about Obama, but you guys turn a deaf ear on it.
Obama can do no wrong. Look at the LA Times Story and the video they will not release.

Posted by: John | October 28, 2008, 9:55 pm 9:55 pm

Mary Sue, how does Obama want to change the Constitution?

Posted by: Liz | October 28, 2008, 9:56 pm 9:56 pm

ITS VERY SAD THAT THE YOUTH OF OUR NATION HAVE FOLLOWED THIS PIED
PIPER AND CONMAN AND ARE LISTENING TO NOBODY. THE WORST PART IS THAT
BY THE TIME WE UNCLOTH OBAMA FOR THE LIAR THAT HE IS , MOST OF THEM
WOULD HAVE HASTLY VOTED.. WHICH IS WHY HE URGES THEM ON EVERYDAY.
THEY ARE DRUNK IN HIS REVOLUTION
THE ORIGINAL PIED PIPER TOOK ALL THE CHILDREN , STOLE THEIR HEARTS
AND DROWNED THEM IN HAMELIN SEA.. OBAMA MIGHT END UP DROWNING THIS
NATION
NEXT TIME, TAKE THE VOTING AGE UP TO 21 YRS OLD.. THEY NEED TIME TO
UNDERSTAND.
OBAMA IS A BIG EAR FLIP FLOPPER AND LYING COMMUNIST..
THIS NATION WOULD NEVER GO COMMUNIST.
THERE IS NO PROMISE OBAMA EVER MADE THAT HE INTENDS TO KEEP.
HE IS SINGING LULLABY TO OUR YOUTHS AND WOMEN WHO BELIEVE IN FAIRY
TALES.
“THIS IS THE BIGGEST FAIRY TALE I EVER HEARD”-BILL CLINTON
OBAMA BLIND AMBITION.. . KEEP RAPPING TO THE BLIND
CHANGE FOR THE SAKE OF CHANGE–DESTROY THE COUNTRY-JUST CHANGE,, JUST HOPE.

Posted by: TJ, THE CLINTONITE | October 28, 2008, 9:56 pm 9:56 pm

ITS VERY SAD THAT THE YOUTH OF OUR NATION HAVE FOLLOWED THIS PIED
PIPER AND CONMAN AND ARE LISTENING TO NOBODY. THE WORST PART IS THAT
BY THE TIME WE UNCLOTH OBAMA FOR THE LIAR THAT HE IS , MOST OF THEM
WOULD HAVE HASTLY VOTED.. WHICH IS WHY HE URGES THEM ON EVERYDAY.
THEY ARE DRUNK IN HIS REVOLUTION
THE ORIGINAL PIED PIPER TOOK ALL THE CHILDREN , STOLE THEIR HEARTS
AND DROWNED THEM IN HAMELIN SEA.. OBAMA MIGHT END UP DROWNING THIS
NATION
NEXT TIME, TAKE THE VOTING AGE UP TO 21 YRS OLD.. THEY NEED TIME TO
UNDERSTAND.
OBAMA IS A BIG EAR FLIP FLOPPER AND LYING COMMUNIST..
THIS NATION WOULD NEVER GO COMMUNIST.
THERE IS NO PROMISE OBAMA EVER MADE THAT HE INTENDS TO KEEP.
HE IS SINGING LULLABY TO OUR YOUTHS AND WOMEN WHO BELIEVE IN FAIRY
TALES.
“THIS IS THE BIGGEST FAIRY TALE I EVER HEARD”-BILL CLINTON
OBAMA BLIND AMBITION.. . KEEP RAPPING TO THE BLIND
CHANGE FOR THE SAKE OF CHANGE–DESTROY THE COUNTRY-JUST CHANGE,, JUST HOPE.

Posted by: TJ, THE CLINTONITE | October 28, 2008, 9:56 pm 9:56 pm

Obama said in April that only those making less than 75k would get tax relief. http://www.businessweek.com/magazine/content/08_15/b4079017876246_page_2.htm The WSJ article says below that taxing the over 250k crowd will not pay for Obama’s programs.http://online.wsj.com/article/SB122463231048556587-email.htmlIn 2006, the latest year for which we have Census data, 220 million Americans were eligible to vote and 89 million — 40% — paid no income taxes. According to the Tax Policy Center (a joint venture of the Brookings Institution and the Urban Institute), this will jump to 49% when Mr. Obama’s cash credits remove 18 million more voters from the tax rolls. What’s more, there are an additional 24 million taxpayers (11% of the electorate) who will pay a minimal amount of income taxes — less than 5% of their income and less than $1,000 annually.In all, three out of every five voters will pay little or nothing in income taxes under Mr. Obama’s plans and gain when taxes rise on the 40% that already pays 95% of income tax revenues.The plunder that the Democrats plan to extract from the “very rich” — the 5% that earn more than $250,000 and who already pay 60% of the federal income tax bill — will never stretch to cover the expansive programs Mr. Obama promises.What next? A core group of Obama enthusiasts — those educated professionals who applaud the “fairness” of their candidate’s tax plans — will soon see their $100,000-$150,000 incomes targeted. As entitlements expand and a self-interested majority votes, the higher tax brackets will kick in at lower levels down the ladder, all the way to households with a $75,000 income.

Posted by: jschmidt | October 28, 2008, 9:56 pm 9:56 pm

ABC News and George Stephanopolous are a joke.
Heading into a recession, which plan would have the best effect on stimulating the economy:
(A) raise taxes, significantly increase government spending, and spread the wealth around
(B) lower taxes, significantly decrease government spending, and encourage investment in the capital markets.
This is a winning argument for BO among most Americans?

Posted by: Chief Washington Propagandist | October 28, 2008, 9:57 pm 9:57 pm

** MCCAIN LEADS ON THE ISSUE OF WHO IS
** MORE CAPABLE OF HANDLING MAJOR CRISIS.
He couldn’t even handle his own bowel movements during the ‘financial’ crisis and instead ran around screaming the sky was falling and demanding people be fired.
Not exactly presidential, or even professional. Just silly.

Posted by: Mary Sue | October 28, 2008, 9:57 pm 9:57 pm

Chuck,
You are dreaming. Most Americans do not now buy into the Republican mantra from the last 30 years that if you give the wealthiest people tax breaks they will invest and then we’ll all receive the benefits. It wasn’t true during Reagan; it wasn’t true during George the First, and it isn’t true now. Each one of those mirages were follow by stutifying ressions. The wealthiest will invest when and only when the whole economy is going up and it will only go up when the middle class feels safe. Obama has seen this from the beginning and most Americans now realize it. The day of trickle down is over. Period.

Posted by: Bob Long | October 28, 2008, 9:58 pm 9:58 pm

PALIN SHOULD KNOW A SOCIALIST!
This is her quote from July of this year before she realized that the McCain camp would make “socialism” an attack point. Here’s her quote:
“And Alaska – we’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs.”
Yep, Alaskans share the wealth of the oil/gas found in their ground. Yep they all get a check simply from living in Alaska and “sharing the wealth” of the taxes levied against the “wealthy” oil companies. Now THAT is socialism! So the McCain POT is calling the kettle black!
If your vote or argument is based on the socialist charge against Obama…. then you should find another argument. If you vote for McCain-Palin, you’re voting for a ticket who has practiced socialism on a bigger scale than Obama ever did!

Posted by: This Just In | October 28, 2008, 9:59 pm 9:59 pm

I can’t imagine people would want to vote for candidates who wish to divide us in order to win. That tells you that they care more about winning than the welfare of our country as a whole. Obama tells his audience don’t boo..”vote.” Whereas, McCain and Palin, especially Palin, listens to their audience scream out “he’s a terrorist”…”kill ‘em”…”he’s a N***er” and scream out “Nobama.” That would never be tolerated at an Obama rally.

Posted by: Liz | October 28, 2008, 10:00 pm 10:00 pm

So TJ, a person aged 18-20 can get his or her butt shot off in a war for the country, can enter into a legal contract, can get married, can purchase a home or a car on his/her own signature, but should not be allowed to vote?. *blinks & scratches head.
Face it guys, for better or worse or richer or poorer, we’re gonna be stuck with him the next four years. If he lies, we’ll kick his butt – along with that of Rep. Pelosi and Sen. Reid – out of office just as we’re sending the current batch back home as well. I saw give the guy a chance. We know what the other side is all about.

Posted by: Brad Melton | October 28, 2008, 10:02 pm 10:02 pm

I want someone who cares about our country. Obama only cares about himself and his socialist radical friends.
He is an empty suit who talks good.

Posted by: John | October 28, 2008, 10:02 pm 10:02 pm

obama has already won the argument ive already voted in my state an ive voted for obama .

Posted by: bernard | October 28, 2008, 10:03 pm 10:03 pm

I’m surprised these poor guys can stay coherent at all at his point.
Posted by: jock59801
LOL. I have to admit I agree with an Obama supporter on anything, but you may call it fatigue or a gaffe, I just think it is a symptom of a larger problem.
Thank you for not taking the usual liberal tactic of name calling in our discussion of our differences.

Posted by: cinkid56 | October 28, 2008, 10:03 pm 10:03 pm

Republican HQ Manager’s Home Shot Up Over McCain Signs
http://www.local6.com/politics/17784129/detail.html

Posted by: John | October 28, 2008, 10:03 pm 10:03 pm

Obama is very smooth. He is very far left. He will tax and spend and set up a national WELFARE program. He is a socialist. That is not bad or good it is just a fact.

Posted by: Duane Z | October 28, 2008, 10:04 pm 10:04 pm

Posted by: John | October 28, 2008, 10:04 pm 10:04 pm

A REAL ATTACK IN NEW YORK
Obama Supporter Assaults Female McCain Volunteer in New York
http://pajamasmedia.com/blog/obama-supporter-assaults-female-mccain-volunteer-in-new-york/

Posted by: John | October 28, 2008, 10:04 pm 10:04 pm

Chief Washington Propagandist, it would be nice if your simplistic ‘question’ actually modeled reality!
A) Cut taxes to the middle class therefore injecting money directly into the economy similar to an extended long period ‘stimulus check’, combined with a health plan that would increase revenue to the health care industry due to increased numbers of insured patients, as well as even more increased capital injected into the economy due to tax savings to companies providing health insurance in the amount of $140 billion a year.
b) Cut taxes to the wealthy and wait for it to trickle down, which it never has yet, as well as tax health insurance coverage shifting people to private coverage and increasing the number of uninsured americans
Don’t even go into costs.. McCains proposals would cost almost twice that of Obamas.
http://www.msnbc.msn.com/id/27311863/

Posted by: Mary Sue | October 28, 2008, 10:04 pm 10:04 pm

Looks pretty bad for the GOP in Florida. Early voting has Obama 61%, McCain 33%.

Posted by: Boca Raton | October 28, 2008, 10:04 pm 10:04 pm

OBAMA KOWS OF THIS BUT DOES NOT STOP IT.
Yesterday we asked why the media was reporting a McCain supporter calling Barack Obama an “Arab” and completely ignoring Obama supporters calling Sarah Palin a ct, even wearing T-shirts with the phrase “Sarah Palin is a ct” on them.
http://www.stoptheaclu.com/archives/2008/10/13/wow-staffers-also-wear-sarah-palin-cnt-t-shirts/

Posted by: John | October 28, 2008, 10:05 pm 10:05 pm

Despite all of our countries problems,would one of you enlightened people tell us how a man who detests his own country and says the Cont. and the founders flawed and compares us to nazi Germany is going to solve our problems….In college he was a ardent admirer of Engels an Marx…..WAT IS WRONG WITH YOU PEOPLE??????

Posted by: chad | October 28, 2008, 10:05 pm 10:05 pm

John Said:
Listen to Obama on the 2001 CHicago station.
He is talking of a MAJOPR CHANGE to our Constitution.
He says we did not go far enoiugh in giving Blacks equal rights. He wants teh US to repay them with money, taken from others.
Please listen to the comments he made, back in 2001, redestributive change = redistribution of wealth today.
_________________________________________
HERES AN EXAMPLE OF ANOTHER LIE.
Obama is for the working class. Not the non-worker. A fact, period.
Obama wants to protect Social Security, John McCain wants to privatize Social Security.
Obama wants affordable health Insurance for all Americans. John McCain wants to TAX you health insurance, a fact period.
Obama wants to help folks who lost their homes due to forclusure. McCain will care less, period.
Obama will cut TAXES to 95% of Americans. Fact Period.
So if you call helping the working middle class redistribution of wealth, than you dont know economics just like McCain and Sarah Palin.
This is the reason McCain is loosing because if does not have a clue on how to deal with this economic crisis.
We lost almost a million Jobs. Next week we will loose another 3,000 jobs here in United states.
Our deficit is triple due to the Bush failed policys.
We need jobs. We need to stop shipping jobs aver seas and making other folks rich while he in America we have starvig families.
SO JOHN STOP THE LIES.
As a republican I will gladly cast my vote of the smart team Obama/Biden, period.

Posted by: Jerry | October 28, 2008, 10:05 pm 10:05 pm

“The Clintonite”??????? You’re obviously a roaring GOP Hardline Nut Job. And you call yourself “The Clintonite”! I’ve never laughed so much :) You guys really are desparate. OMG. Try Honesty and Truth. Just try them. Instead of Fearmongering and Deception. But no, you keep putting on the Halloween Costumes and grinding away at the old GOP chestnuts … He’s a communist. He’s a terrorist. Now – he’s the pied piper in reverse, ‘stealing’ our youth. I think we’ll leave the voting age right where it is. My son is 18 next year, and he makes a helluva lot more sense than you. People between the ages of 18 and 21 don’t need to learn any lessons from you fella – other than to see how grizzled and sad a person can get when people don’t vote the way they want them too.

Posted by: chester burns | October 28, 2008, 10:05 pm 10:05 pm

Would somebody please investigate the truth behind Obama’s birth certificate which has been locked up by the governor of Hawaii. Why???
I am a conservative democratic and I want the truth. I know there is a lawsuit going on about this. Why didn’t Obama and his team just show the courts his birth certificate to end the discussions and suspections.
I am a firm believer in our constitution, if you are of legal birth as it states, then their is no problem. Please look into this. Somebody.
Our country has to much at stake from ecomonics to our “word” as a country.

Posted by: jeff beilue | October 28, 2008, 10:06 pm 10:06 pm

I love how the whiny right wingers say Obama will say anything to get elected. No, that is John McCain the self-proclaimed Maverick who will say anything to get elected. He says he is not a Bush (Dumbya) poodle, but has voted with him 90% of the time. He has the ditz from Alaska say that Obama is paling around with terrorists. That is garbage. I guess that means McCain hangs out with felons because of his scandal with Keating. Only the fool McCain looks uptight in every debate like he’s about to pop. He’s stumbling over words in interviews and claiming he won’t raise taxes. Doesn’t matter if he continues the spending from under Dumbya and six years of Republican controlled congress. The deficit exploded under Dumbya, but not Clinton. The public is not fools when not being fear-mongered with fake terrorism alerts like in 2004 every time Kerry took a lead in the polls.

Posted by: Deepdiver | October 28, 2008, 10:06 pm 10:06 pm

WOW!!! Jerry, well said.
MODERATE REPUBLICANS FOR OBAMA. THE SMART CHOICE.

Posted by: Bill | October 28, 2008, 10:08 pm 10:08 pm

To: “This Just In”
I agree with you 1000%, this kind of non-sense should not be tolerated at this level of statue.
People need to come into this Century and see people for who they are and and not for what they are.

Posted by: dizzy1125***OBAMA 08*** | October 28, 2008, 10:08 pm 10:08 pm

LOOK THIS UP ON YOU TUBE
Obama Supporters Attack Sarah Palin Motorcade

Posted by: John | October 28, 2008, 10:08 pm 10:08 pm

This is a winning argument for BO among most Americans?
Posted by: Chief Washington Propagandist
Sure, most Americans for Obama are at the public trough.
“The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must
again learn to work, instead of living on public assistance.” — Cicero , 55 BC

Posted by: cinkid56 | October 28, 2008, 10:09 pm 10:09 pm

John, aren’t you going to give us the website of how the big Black man carved a “B” on Ashley Todd’s face, too.

Posted by: Liz | October 28, 2008, 10:09 pm 10:09 pm

ONOTHER YOU TUBE VIDEO OF OBAMA SUIPPORTER BEIG NASTY
bama Supporters Practically Attack Mccain Supporters

Posted by: John | October 28, 2008, 10:09 pm 10:09 pm

PALIN IS A SOCIALIST
She said this in July before she found out McCain was going to do the bogus Obama accusations.
Palin said:
“And Alaska – we’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs.”
That’s socialism!

Posted by: This Just In | October 28, 2008, 10:09 pm 10:09 pm

There is crazy people on both sides is all I am saying.
So do not accuse the right of being nasty when idiots on both side are.

Posted by: John | October 28, 2008, 10:11 pm 10:11 pm

John Said:
Listen to Obama on the 2001 CHicago station.
He is talking of a MAJOPR CHANGE to our Constitution.
He says we did not go far enoiugh in giving Blacks equal rights. He wants teh US to repay them with money, taken from others.
Please listen to the comments he made, back in 2001, redestributive change = redistribution of wealth today.
______________________________________
John is clueless just lie Sarah Palin or should I say clueless Sarah.
I am a proud republican voting for Obama.

Posted by: Grant | October 28, 2008, 10:12 pm 10:12 pm

I personally am in favor of doing away with the Graduated income tax, and going to a flat tax. That is fair, unlike the system we now have which is by design unfair. 15 % across the board. Of course the liberals would still say that was unfair, as it would put to rest their poor, tired, class warfare BS.

Posted by: angus | October 28, 2008, 10:12 pm 10:12 pm

Umm, jeff beilue.. the lawsuit was dropped, it’s official, Obama is a US Citizen.. you can go look for some other fear tactic now. I believe this week it is Obama = Bush.. oh, no, wait.. that was last week. I think this week it’s the economy. You need to check the memo they sent you, I don’t get those.

Posted by: Mary Sue | October 28, 2008, 10:12 pm 10:12 pm

Obama’s tax plan will not work. 40% of the 95% do not pay taxes. That means 40% will get money for nothing. How are the wealthy going to carry the tax give away burden and finance the trillion Obama plans on spending. We will end up with a Global Tax like the UN wants. Bush kept that from happening. Obama will make sure it happens.
Have you not wondered why the “world leaders and polls” are for Obama? There is a reason for that.
Obama and his associations are too socialist for this country. Obama did not rise to his position with help of the working class. He rose to his position with the help of people like Ayers (a domestic terrorist, Frank Marshall Davis (a known communist) Renzo (a know crook and slumlord) and lets not forget Rev. Wright preaching that Obama is “The Messiah”. The economy beginning with the mortgage mess started in 1977 with the Community Reinvestment Act which forced lenders to give loans to people who could not afford them. The fact is that McCain and other republican tried in 2002, 2004, 2005 and 2007 to stop what was happening with Freddie and Fannie and they were stopped by Dodd, Barney Frank and others. Obama and Dodd received money from Freddie Mac and Fannie Mae. Those things along with the fact that while a IL senator Obama voted against a ban of partial birth abortion and the Born Alive Protection Act which lets babies die without medical care keeps me from voting for him. He lied about the Born Alive Protection because he said it would overturn Roe v Wade, when in fact it would not and also the exact version word for word was passed in the US Senate by both Republicans and Democrats. I do not feel that as a Christian, I could morally vote for Obama. Do the research yourself and come to your own conclusions. The information is out there. No one in my family or church is voting for Obama.
Obama has had too many ties with the kind people who has taught and groomed him for this position. How else do you think a 1 term Senator could rise so fast? He has no executive experience at all. He also voted present way too many times when he bothered to show up in Senate at all. That was so he would not have a true voting record that people could trace later. I am also sick of people saying that whites are racist because they do not vote for “The Messiah” as Rev. Wright called him. 96% of blacks say they are voting for him. That is racist. Just like the reporter went out in the streets of NYC and ask blacks who they were supporting and they all said Obama. The reporter then asks if they supported his. That was because the reporter said they were Obama’s positions when in fact they were McCain’s. The reporter then asks them what they thought of his running mate Sarah Palin and they said they liked her. They had no idea who his running mate was and did not know that it was not Palin.
That is ignorance and racism at its finest. By the way, I guess you assume I am white? WRONG!!! I am a proud black American. Not African American because I have never been to Africa. I was born here in the US. Which is probably more than Obama can say. I am also proud of the fact that I do not need anyone to tell me how to vote or how many times to vote. To all who say dead person name is being use to vote that is because the Obama networks do not print the real news.
http://www.wlbt.com/global/story.asp?s=9248483
http://oldbluewebdesigns.com/USSA.htm
http://elections.foxnews.com/2008/10/28/judge-ohio-homeless-voters-list-park-benches-addresses/

Posted by: Democrat Voting Republican | October 28, 2008, 10:14 pm 10:14 pm

You tube video where Obama incites people to get in the other sides face.
Who is asking their followers to actually go out and start crap, OBAMA
Obama Says “Argue With Neighbors, Get In Their Face”

Posted by: John | October 28, 2008, 10:14 pm 10:14 pm

Jerry: Well said. They wont stop the lies. Notice how John had to throw a little line in there about Black Americans? Now he’s broadcasting another bunch of baloney about McCain campaigners being attacked by Obama supporters. Truth is, some people don’t like left leaning politics, and are voting for McCain. But then some people, really do have a problem with who Obama is. And they are in a bit of state right now, and it isn’t a state you can find on a map. They don’t want to be ‘politically incorrect’ and say how they really feel about Obama, so they do the next best thing. “He’s a terrorist” “he’s a communist” “He’s inexperienced.” “I don’t think he has a birth cerificate” “He’s UNAmerican” etc etc. Every now and again you’ll read someone who is ProLife, and Voting McCain for that reason. Every now and again you’ll hear someone explaining that they don’t like the left side of the fence, so they always vote GOP. And every now and again, we meet people like “John” …and others. And we ALL know what their position is. Everyone else is voting Obama. We will elect him. We have come a long way.

Posted by: chester burns | October 28, 2008, 10:14 pm 10:14 pm

Without all those donations Obama could never have gotten his tax message to the people. They seem to have done a good job managing their finances.

Posted by: derek jacobs | October 28, 2008, 10:14 pm 10:14 pm

WHO IS VOTING FOR MCCAIN???? I HOPE I AM NOT ALONE.
NO WAY!!! NO HOW!!! NO MCCAIN AND NO!!!NO!!NO!!! SARAH PALIN
PALIN NEEDS TO GO BACK AND FACE HER CHARGES OF ABUSING HER POWERS AS A GOVERNOR. SHE HAD BECOME A CARTTON FIGURE IN AMERICA. SAD!!!

Posted by: JESS ANN | October 28, 2008, 10:15 pm 10:15 pm

I would like someone to address the article on this link:
http://www.americanthinker.com/2008/10/senator_obamas_four_tax_increa.html
This directly challenges Obama’s claim that American’s will bring home more money under Obama’s tax plan than under McCains. As you can clearly see from this article; not only will Middle Class American’s bring home less; They will bring home A LOT less! I just find this interesting. I’d like George Stephanopoulos to look into this and explain how Obama is going to do American’s a favor by “Not Raising” taxes, even though he’s perfectly o.k. with letting the tax cuts from the past 8 years lapse so that we can all go back to paying the same taxes we paid under Clinton…… OUCH! I remember those years; they weren’t fun!

Posted by: Sunny Wells | October 28, 2008, 10:16 pm 10:16 pm

I agree. Sarah is a huge joke!!!!! what a scam by the McCain camp.

Posted by: JAKE | October 28, 2008, 10:17 pm 10:17 pm

please answer a question people ,WHY IS A MAN WHO COMPARES US TO THE NAZIS THE ANSWER???????????????????????

Posted by: chad | October 28, 2008, 10:17 pm 10:17 pm

** Obama’s tax plan will not work. 40% of
** the 95% do not pay taxes.
And 100% of the top 5% do pay taxes, and McCain wants me to pay more so they can pay less.. no thanks.. we’ve tried that time and time again and thinking it’s going to somehow magically be different this time is simply a sign of mental illness.

Posted by: Mary Sue | October 28, 2008, 10:17 pm 10:17 pm

Obama can’t remember what amount of income you will make that he will tax you to death on. 250k, 200k, 150k and then 42k.
The only thing that is a constant is Obama thinks he can take your money. It really doens’t matter how much you make, what matters is that you just have money to take.

Posted by: What was it the soviets said about transforming the US to communism | October 28, 2008, 10:17 pm 10:17 pm

obama has already won the argument ive already voted in my state an ive voted for obama .
Posted by: bernard
CONSIDERING YOUR GRAMMAR, THAT FIGURES.

Posted by: cinkid56 | October 28, 2008, 10:17 pm 10:17 pm

check out this obama news piece on you tube
Missouri “Truth Squads” To Protect Obama Campaign
This is BS, this is controlling law enforcement to get your agenda across

Posted by: John | October 28, 2008, 10:17 pm 10:17 pm

I wonder if Obama paid tax on -
Obama was a director of the Woods Fund board from 1999 to Dec. 11, 2002, according to the Fund’s website. According to tax filings, Obama received compensation of $6,000 per year for his service in 1999 and 2001. Obama served on the Wood’s Fund board alongside William C. Ayers, a member of the Weathermen terrorist group which sought to overthrow of the U.S. government and took responsibility for bombing the U.S. Capitol in 1971.
Ayers, who still serves on the Woods Fund board, contributed $200 to Obama’s senatorial campaign fund and has served on panels with Obama at numerous public speaking engagements. Ayers admitted to involvement in the bombings of U.S. governmental buildings in the 1970s. He is a professor at the University of Illinois at Chicago.
Obama Worked with Terrorist [ref. Rashid Khalidi]
Senator helped fund organization that rejects ‘racist’ Israel’s existence
http://www.campus-watch.org/article/id/4821

Posted by: Ed | October 28, 2008, 10:17 pm 10:17 pm

Pretty bad when news portrays Obama with using Gestapo tactics.
you tube video title below
State Police using Gestapo Tactics to Promote Obama

Posted by: John | October 28, 2008, 10:19 pm 10:19 pm

Jerry: “Who is asking their followers to actually go out and start crap, OBAMA” … point in question. This is not a political observation. It is unadulterated BS. These people exist, in dwindling numbers, the world over. They are dying out. They are unpleasant to listen to, but they do not have the numbers. Their increasing insignificance is galling to them, but it is a sign of the times. The world has moved on – they haven’t.

Posted by: chester burns | October 28, 2008, 10:19 pm 10:19 pm

Barack Obama is saying to Joe the plumber that he believes the power of government ought to be used to redistribute wealth in the United States,” he continues — “to take wealth from productive people and give it to people who have not been as successful. And that is socialism at best — and I think you could even make a case that, in its own way, it’s Marxism.”

Posted by: Dave | October 28, 2008, 10:19 pm 10:19 pm

I’m chartering a jumbo jet to Australia- one way for the next 4 years if Obama wins. Join me! What on earth will America do if those of us who do actually work hard decide to stop working and take our skills elsewhere?

Posted by: Jay | October 28, 2008, 10:21 pm 10:21 pm

Dave, that was last wednesday.. today it’s the economy! Keep up man!

Posted by: Mary Sue | October 28, 2008, 10:21 pm 10:21 pm

Chester go get on your horse and head back to gunsmoke. If you are on the computer you should have some intellect to read and look up information, but you wan to believe he is not a citizen, so you keep harping on your false belief he has a tail and it comes out after midnight!
For the ones of you that are on the wrong track of thinking that McCain/Palin is going to help you keep thinking that way and you will eat Peanutbutter over the next 4 years then lets see if it is in your heart to make a change!

Posted by: EYESURGERY | October 28, 2008, 10:21 pm 10:21 pm

Jeff, the lawsuit was dismissed last week.
It took me days but I finally researched this myself. Lot’s of diversion to wade through, hoaxes, accusations, half truth and out and out lies.
A natural born citizen is ANY individual who is an American citizen at birth. An American citizen at birth includes, but is not limited to, ANYONE born to at least one American parent ANYWHERE at the time of birth.
They’ve produced sham birth certificates from areas as diverse as Canada, Indonesia and Kenya. Current US law on this used by all attorneys in the Department of Immigration and Naturalization is contained in 8 USC 1401.
This has been debated at length before: with Goldwater who was born in Arizona prior to Statehood, Romney, actually born in Mexico to Mormon parents who were American citizens, and even Senator McCain himself who was born on a military base in Panama.
If he allows them to get into the fray with this issue, it opens the door to re-focus away from that which has gained him so much popularity – the failure of Neo-Conservativism. That, and only THAT reason is why this old, white, Army man and member of the NRA is supporting him. The rest is fear.
As for him changing the Constitution, recall that it takes a 60 per cent vote of both houses of Congress and 75 per cent of the State Legislatures. The Equal Rights Amendment languished, lacking a single state legislature’s ratification to make it into the Constitution, dying after the required seven years for lack of ratiifcation.
It’s incredibly hard to change that sacred document. Thank goodness, otherwise we’d have amendments tacked on to it for everyone’s pet project: school prayer, flag burning, marriage, abortion, etc.

Posted by: Brad Melton | October 28, 2008, 10:21 pm 10:21 pm

cinkid56 | Oct 28, 2008 10:09:00 PM…..Rome is bankrupt!!!!!

Posted by: deanbob | October 28, 2008, 10:22 pm 10:22 pm

I feel sorry for McCain, he is going the way of Bob Dole. He doesn’t deserve the blame for Bush’s failures. Bush screwed McCain on McCain’s first shot. Bush’s record is screwing McCain this time around. McCain is a great hero, who’s time of power is now past. I like the man, but I voted for Obama to help make history. By the way, redistribution of wealth helps my family and me. Why not? Good businessmen attempt to influence government to give them money all the time, look at the guys that get government to put in millions for sports arenas, millionaire farmers that get subsidies not to grow, security contractors that get millions in Iraq, and the list goes on. It looks like it’s Obama’s turn to get paid, and hopeully a few crumbs will come my way for a change. No matter what, history will be written.

Posted by: WestCoastMessenger | October 28, 2008, 10:23 pm 10:23 pm

check this title out on you tube!!!!!!!
Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis

Posted by: John | October 28, 2008, 10:23 pm 10:23 pm

** What on earth will America do if those
** of us who do actually work hard decide
** to stop working and take our skills
** elsewhere?
It’s called the American economic system.. those displaced jobs will be taken up by others and together we will continue to prosper.. and please send us a postcard from Australia, and pass that request along to the rest of your un-American friends.. Thank you.

Posted by: Marry Sue | October 28, 2008, 10:23 pm 10:23 pm

Sunny wells wrote:
I would like someone to address the article on this link:
http://www.americanthinker.com/2008/10/senator_obamas_four_tax_increa.html
This directly challenges Obama’s claim that American’s will bring home more money under Obama’s tax plan than under McCains. As you can clearly see from this article; not only will Middle Class American’s bring home less; They will bring home A LOT less! I just find this interesting. I’d like George Stephanopoulos to look into this and explain how Obama is going to do American’s a favor by “Not Raising” taxes, even though he’s perfectly o.k. with letting the tax cuts from the past 8 years lapse so that we can all go back to paying the same taxes we paid under Clinton…… OUCH! I remember those years; they weren’t fun!
____________________________________
OUCH!!!! do you think that under Bush americans are better off…Give me a break. I may not be a huge Clinton fan, but the facts are that under Clinton we had a better economy. We had peace and prosperity. So if you think that by loosing almost a million jobs..A tripple deficit…Home forclusure are rising in an alarming rates…Than you need to vote for McCain who will give you the same choices Bush has given you for the past 8 yrs. I wish you luck. This is one smart republican voting for the best team. Obama 2008

Posted by: Sam | October 28, 2008, 10:23 pm 10:23 pm

Mary Sue | Oct 28, 2008 10:21:22 PM …..But it is still Marxism/Socialism.

Posted by: deanbob | October 28, 2008, 10:24 pm 10:24 pm

Why the panic about Obama wanting to increase taxes on the rich? He wants to bring them up as during the Clinton’s presidency. Was Clinton a socialist then? This word has been thrown around without a real knowledge of the meaning. These are dirty tactics and negative ploys that are no longer working. The majority of the American people are more intelligent than you think.

Posted by: Monica | October 28, 2008, 10:25 pm 10:25 pm

“I would like someone to address the article on this link” YOU ‘address’ it, Sunny. George is too busy with reality and most of the rest of us are passed being concerned about the hysterical rantings of biased and uniformed idiots. You address it. And get used to the look of incredulity and sad concern on the faces of everyone you address it with. It’ll do you good to walk down any mainstreet with a microphone in your hand asking people what they think. You might actually learn something. So, you have a good idea – except DO IT YOURSELF and don’t try to pass the experience YOU NEED off onto someone else. It could be character building for you.

Posted by: chester burns | October 28, 2008, 10:26 pm 10:26 pm

The lawsuits against Obama and his COLB are still in work. Obama one 2 of them in HI and PA. But at least 8 other states have filed suit.

Posted by: John | October 28, 2008, 10:26 pm 10:26 pm

“We are one week away from changing America”
This sums it all up. Not change Washington, but change America.
Gird your loins!

Posted by: Marx My Words | October 28, 2008, 10:26 pm 10:26 pm

** But it is still Marxism/Socialism.
You call it whatever you like dear, it’s obvious you haven’t a clue.

Posted by: Mary Sue | October 28, 2008, 10:26 pm 10:26 pm

McCain is a bitter old man with a bad temper who would lead this country into another war. He would be bad enough, but, perish the thought, consider if you will the very real possibility of him dying in office. Ms. Joe Six-Pack, the hockey mom would be running the country, with Joe the Plumber as her VP, I’m sure.
The end of the world as we know it? You betcha!
Obama in a landslide.

Posted by: Chris | October 28, 2008, 10:28 pm 10:28 pm

** But at least 8 other states have filed suit.
You keep clinging John.. let us know when you wish to join the rest of the grown ups here in reality.. it’s a nice place, I think you might actually enjoy it.

Posted by: Mary Sue | October 28, 2008, 10:29 pm 10:29 pm

Sunny Wells, it has already been addressed. It’s not typical for a rich capitalist to support a Marxist. Perhaps Warren Buffet is going ‘pink’ on us all. Hehe! Buffet supports the tax plan as equitable & just, not highly idealistic and without a hidden agenda. I’ve made a lot of money listening to Buffet. I trust his judgment.

Posted by: Brad Melton | October 28, 2008, 10:29 pm 10:29 pm

“Clinton lived off Reagan’s economy. ”
I thought he took over from Bush Sr.

Posted by: Newtom | October 28, 2008, 10:30 pm 10:30 pm

I have been active on the internet since it’s infancy. I have read opinions, checked out blogs and even posted on a few over the years. The political commentary I see on this blog is very similar to what I’ve seen over the years.
I heard the arguments of the Republicans in 2000 and voted Bush. Against my better judgement, I again listened to the same Republican rhetoric and voted for Bush in 2004.
I was wrong in 2000 and I was wrong in 2004. The difference between me and most other block heads on this blog is that I have admitted my mistake. I voted for Obama this time.
I can tell by some of the hard-core rants here that many of the Republicans would vote for Osama Bin-Laden if he pasted a big R on his shirt and got the nomination! Why do I say that? Because we are where we are today in large part due to the actions of the Bush administration. How could you vote to continue that? You guys are scary!

Posted by: James T | October 28, 2008, 10:30 pm 10:30 pm

Jay You don’t have to go to such lengths, it is much easier than that.
It is common knowlege that liberals can’t take care of themselves. I work on powerlines at the distribution level for a living. In outages, it is the liberals that are the most paniced about getting their power restored as quickly as possible.
They think they will die without power. They tell me this all the time. Their pathetic stories are for another day.
My company is linked up to other companies which are linked up to other companies. Basically the entire US. We could pull the plug for a couple of days. I would have no trouble getting the other companies to go along with it – they have actually suggested long ago.

Posted by: Volt | October 28, 2008, 10:30 pm 10:30 pm

The first loophole was easy to find: Senator Obama doesn’t “count” allowing the Bush tax cuts to lapse as a tax increase. Unless the cuts are re-enacted, rates will automatically return to the 2000 level. Senator Obama claims that letting a tax cut lapse — allowing the rates to return to a higher levels — is not actually a “tax increase.” It’s just the lapsing of a tax cut.
See the difference?
Neither do I.
When those cuts lapse, my taxes are going up — a lot — but by parsing words, Senator Obama justifies his claim that he won’t actively raise taxes on 95 percent of working Americans, even while he’s passively allowing tax rates to go up for 100% of Americans who actually pay Federal income taxes.
Making this personal, my Federal Income Tax will increase by $3,824 when those tax cuts lapse. That not-insignificant sum would cover a couple of house payments or help my two boys through another month or two of college.
No matter what Senator Obama calls it, requiring us to pay more taxes amounts to a tax increase. This got me wondering what other Americans will have to pay when the tax cuts lapse.
For a married family, filing jointly and earning $75,000 a year, this increase will be $3,074. For those making just $50,000, this increase will be $1,512. Despite Senator Obama’s claim, even struggling American families making just $25,000 a year will see a tax increase — they’ll pay $715 more in 2010 than they did in 2007. Across the board, when the tax cuts lapse, working Americans will see significant increases in their taxes, even if their household income is as low as $25,000. See the tables at the end of this article.
Check this for yourself. Go to http://www.irs.gov/formspubs/ and pull up the 1040 instructions for 2000 and 2007 and go to the tax tables. Based on your 2007 income, check your taxes rates for 2000 and 2007, and apply them to your taxable income for 2007. In 2000 — Senator Obama’s benchmark year — you would have paid significantly more taxes for the income you earned in 2007. The Bush Tax Cuts, which Senator Obama has said he will allow to lapse, saved you money, and without those cuts, your taxes will go back up to the 2000 level. Senator Obama doesn’t call it a “tax increase,” but your taxes under “President” Obama will increase — significantly.

Posted by: John | October 28, 2008, 10:31 pm 10:31 pm

Actually, CNN did a factcheck on McCain’s tax plan. It’s true, that big corporations and big oil would get a tax cut under John McCain.
Now. It’s beyond me why anyone with low salaries could vote for this.
It’s also hilarious to see how socalled “socialism” is tabu for some Americans.
What are you scared of ?
Didn’t you know that every society is judged on how the poorest are treated.
You got it all backwards, becuse I live in Denmark, Scandinavia and I can go to Hospital for free if I get terrible ill.
You know, the public sector is the backbone in every society.
And if you could please do the math, you’ll probably find, that taxfunded health and education (naming a few) is cheeper than paid by insurance because, you don’t have to take profit into consideration.
By the way. Profit on sickness can’t be that ethical.
I saw this woman online on a American News Network say, that Sweden is a socialist state as if it’s some kind of a communist dictatorship.
She doesn’t really know what she was talking about and I trust the people of the great America to have enough braincells to see through this.
Actually it was insulting.
I wish all of you a good Election on November 4.
All around the world, you are watched.
Thank you.
Kindest regards
Brian, Sonderborg
Denmark

Posted by: Brian Baldersbaek | October 28, 2008, 10:32 pm 10:32 pm

Today on my way to lunch I passed a brand new Lexus that belonged to the restaurant owner with a bumper sticker that read “Vote McCain, so I can get another” I laughed. Once in the restaurant my server had on a “McCain/Palin 08″ tie, again I laughed as he had given away his political preference–just imagine the coincidence. When the bill came I decided not to tip the server and explained to him that I was exploring the McCain trickle-down economic concept. He stood there in disbelief while I told him that I was going to instead give his tip to someone who I deemed would be a more beneficial person in society to receive the money–the restaurant owner. The server angrily stormed from my sight. I walked up to the restaurant owner and gave him the $10 bill and told him to thank his employee for the good service, but I decided he could put the money to better use. The restaurant owner was puzzled about my actions but he went ahead and squeezed it into his already tight billfold. At the end of my rather unscientific experiment I realized the restaurant owner could care less about the $10, but the waiter was pretty angry that I gave away the money that he earned and the actual recipient didn’t need the money at all. I guess trickle down economics is an easier thing to swallow in concept than in practical application.

Posted by: NewTom | October 28, 2008, 10:32 pm 10:32 pm

Eyesurgery: If you read my post again, you’ll discover that I am supporting Obama against ridiculous accusations re: birth certificate! I’m gonna forgive you, because your eyes are still healing :) MAKE SURE YOU WEAR YOUR GLASSES WHEN YOU VOTE FOR OBAMA!

Posted by: chester burns | October 28, 2008, 10:33 pm 10:33 pm

Emma said:
I am a woman and a former democrat who is proud to vote McCain/Palin
___________________________________
What a lie. The fact is that EMMA is in the minority. White women by far are supporting Obama. He is leading by over 15 points over John McCain with this voting block. All Hillary women supporters are supporting Obama. So Emma just lied. Women by far are rejecting Sarah Palin, because she is against averything all women so hard fought for like;
EQUAL PAY, MCCAIN VOTED 19 TIMES AGAIST WOMENS EQUAL PAY.
McCain/Palin WANT TO OVER TURN ROE VR WADE.
EQUAL PROTECTION FOR WOMEN.
So stop your lies Emma and jump aboard. McCain insulted us wome when he thought that we all were going to jump over to Sarah Palin in droves. When we smart women found out the truth about Sarah Plain and what she stood for we SAID HELL NO!!!!
NO WAY!!! NO HOW!!! NO MCCAIN/PALIN
A SMART WHITE WOMEN FOR OBAMA/BIDEN

Posted by: carol | October 28, 2008, 10:34 pm 10:34 pm

The next loophole involves the payroll tax that you pay to support the Social Security system. Currently, there is an inflation-adjusted cap, and according to the non-profit Tax Foundation, in 2006 — the most recent year for which tax data is available — only the first $94,700 of an unmarried individual’s earnings were subject to the 12.4 percent payroll tax. However, Senator Obama has proposed lifting that cap, adding an additional 12.4 percent tax on every dollar earned above that cap — and in spite of his promise, impacting all those who earn between $94,700 and $249,999.
By doing this, he plans to raise an additional $1 trillion dollars (another $662.50 out of my pocket — and how much out of yours?) to help fund Social Security. Half of this tax would be paid by employees and half by employers — but employers will either cut the payroll or pass along this tax to their customers through higher prices. Either way, some individual will pay the price for the employer’s share of the tax increase.
However, when challenged to explain how he could eliminate the cap AND not raise taxes on Americans earning under $250,000, Senator Obama suggested on his website that he “might” create a “donut” — an exemption from this payroll tax for wages between $94,700 and $250,000. But that donut would mean he couldn’t raise anywhere near that $1 trillion dollars for Social Security. When this was pointed out, Senator Obama’s “donut plan” was quietly removed from his website.

Posted by: John | October 28, 2008, 10:34 pm 10:34 pm

(updated) Senator Obama has also said that he will raise capital gains taxes from 15 percent to 20 percent. He says he’s aiming at “fat cats” who make above $250,000. However, while only 1 percent of Americans make a quarter-million dollars, roughly 50 percent of all Americans own stock – and while investments that are through IRAs, 401Ks and in pension plans are not subject to capital gains, those stocks in personal portfolios are subject to capital gains, no matter what the owner’s income is. However, according to the US Congress’s Joint Economic Committee Study, “Recent data released by the Federal Reserve shows that nearly half of all U.S. households are stockholders. In the last decade alone, the number of stockholders has jumped by over fifty percent.” This is clear – a significant number of all Americans who earn well under $250,000 a year will feel this rise in their capital gains taxes.
Under “President” Obama, if you sell off stock and earn a $100,000 gain — perhaps to help put your children through college — instead of paying $15,000 in capital gains taxes today, you’ll pay $20,000 under Obama’s plan. That’s a full one-third more, and it applies no matter how much you earn.

Posted by: John | October 28, 2008, 10:35 pm 10:35 pm

Yes carol. I am also a white republican women for Obama.

Posted by: Nancy wills | October 28, 2008, 10:35 pm 10:35 pm

Finally, Senator Obama has promised to raise taxes on businesses — and to raise taxes a lot on oil companies. I still remember Econ-101 — and I own a small business. From both theory and practice, I know what businesses do when taxes are raised. Corporations don’t “pay” taxes — they collect taxes from customers and pass them along to the government. When you buy a hot dog from a 7/11, you can see the clerk add the sales tax, but when a corporation’s own taxes go up, you don’t see it — its automatic — but they do the same thing. They build this tax into their product’s price. Senator Obama knows this. He knows that even people who earn less than $250,000 will pay higher prices — those pass-through taxes — when corporate taxes go up.

Posted by: John | October 28, 2008, 10:36 pm 10:36 pm

John, there is no doubt that there’s plenty of blame to go ’round regarding the current economic mess. But somewhere in the mix, accountability must be laid squarely at the feet of the current administration which buried its head in the sand while a problem became a major crisis.
Buffet himself warned in 2003 that swap derivatives “Are the weapons of mass destruction of the financial industry.”
Two years later, the Attorneys General of Iowa and North Carolina trekked to DC and gave a warning as well. All were ignored.
Swap derivatives are those sub-prime mortgages, re-packaged and sold without a single asset of capital to back them. It’s estimated that there are $55 trillion of them floating around out there, a good chunk of them the foundation of our 401K’s and another bundle owned by banks overseas. With a foreclosure rate of close to 12 percent, that’s more than the entire worlds GNP last year. Hence the crisis.
If for no other reason, it’s time for a change. This occurred on their watch… and as far as I’m concerned the Democratic-controlled House who was also on that watch can be sent packing as well.
Obama got my vote…. today.

Posted by: Brad Melton | October 28, 2008, 10:36 pm 10:36 pm

There’s not a politician alive who hasn’t be caught telling some minor truth-bender. However, when it comes to raising taxes, there are no small lies. When George H.W. Bush’s “Read my lips — no new taxes” proved false, he lost the support of his base — and ultimately lost his re-election bid.
This year, however, we don’t have to wait for the proof: Senator Obama has already promised to raise taxes, and we can believe him. However, while making that promise, he’s also lied, in at least four significant ways, about who will pay those taxes. If Senator Obama becomes President Obama, when the tax man comes calling, we will all pay the price. And that’s the truth.

Posted by: John | October 28, 2008, 10:36 pm 10:36 pm

A young woman was about to finish her first year of college. Like so many others her age, she considered herself to be a very liberal Democrat, and among other liberal ideals, was very much in favor of higher taxes to support more government programs, in other words, redistribution of wealth.
She was deeply ashamed that her father was a rather staunch Republican, a feeling she openly expressed. Based on the lectures that she had participated in, and the occasional chat with a professor, she felt that her father had for years harbored an evil, selfish desire to keep what he thought should be his.
One day she was challenging her father on his opposition to higher taxes on the rich and the need for more government programs. The self-professed objectivity proclaimed by her professors had to be the truth and she indicated so to her father. He responded by asking how she was doing in school.
Taken aback, she answered rather haughtily that she had a 4.0 GPA, and let him know that it was tough to maintain, insisting that she was taking a very difficult course load and was constantly studying, which left her no time to go out and party like other people she knew. She didn’t even have time for a
boyfriend, and didn’t really have many college friends because she spent all her time studying.
Her father listened and then asked, ‘How is your friend Audrey doing?’
She replied, ‘Audrey is barely getting by. All she takes are easy classes, she never studies, and she barely has a 2.0 GPA. She is so popular on campus; college for her is a blast. She’s always invited to all the parties and lots of times she doesn’t even show up for classes because she’s too hung over.’
Her wise father asked his daughter, ‘Why don’t you go to the Dean’s office and ask him to deduct 1.0 off your GPA and give it to your friend who only has a 2.0. That way you will both have a 3.0 GPA and certainly that would be a fair and equal distribution of GPA.’
The daughter, visibly shocked by her father’s suggestion, angrily fired back,
‘That’s a crazy idea, how would that be fair! I’ve worked really hard for my grades! I’ve invested a lot of time, and a lot of hard work! Audrey has done next to nothing toward her degree. She played while I worked my tail off!’
The father slowly smiled, winked and said gently, ‘Welcome to the Republican Party.’

Posted by: They always come around | October 28, 2008, 10:37 pm 10:37 pm

“A reformation means that the masses of our people have reached the point of disillusionment with past ways and values. They don’t know what will work but they do know that the prevailing system is self-defeating, frustrating, and hopeless. They won’t act for change but won’t strongly oppose those who do. The time is then ripe for revolution.”
Saul Alinsky

Posted by: USSA | October 28, 2008, 10:37 pm 10:37 pm

“Clinton lived off Reagan’s economy. ”
What are you, some kind of idiot to say that?
Part of why Clinton was elected was because the economy was in recession!
Actually…. you’re probably right! Regan’s trickle down economics finally trickled down through Bush Sr. until the economy tanked and Clinton was elected.
Say what you will about Clinton. History (thats not FOX news)shows a time of economic properity and surplus’ under Clinton. It’s been an disaster under “W.”

Posted by: Clinton's Economy | October 28, 2008, 10:39 pm 10:39 pm

VOTE YES – JOHN McCAIN & SARAH PALINE – VOTE YES
————————–
PRO GUN RIGHTS – “Believes gun laws do not reduce crime”
LOW TAXES FOR EVERYONE – “do not raise taxes on anyone”
PRO AMERICAN VALUES – supports the present Constitution. Does not believe
it is ‘flawed’ like Mr.Government does
PRACTICES SOUND GOVERNANCE – he has never asked for Earmarks (Pork) in 26
years.
PEOPLE DRIVEN HEALTH CARE – supports private health care not run by the
Government
————————–
VOTE YES – JOHN McCain & SARAH PALIN – VOTE YES

Posted by: Patrick | October 28, 2008, 10:40 pm 10:40 pm

Clinton….clinton…..clinton….um nope.
Oh wait! Wasn’t he some guy that got impeached!

Posted by: Jon | October 28, 2008, 10:41 pm 10:41 pm

VOTE NO – OBAMA IS A BAD CANDIDATE – VOTE NO
——————————
Obama wants GOVERNMENT RUN Health Care
Obama has a 100% ANT-GUN voting record
Obama has a 100% Pro-PORK spending record
Obama thinks ‘LIFE IS ABOVE HIS PAY GRADE’
Obama WILL TAKE FROM YOU
Obama WILL GIVE TO SOMEONE ELSE
Obama WILL INCREASE GOVERNMENT IN YOUR LIVES
——————————
VOTE NO – Mr Government OBAMA – VOTE NO

Posted by: Patrick | October 28, 2008, 10:41 pm 10:41 pm

John said:
(updated) Senator Obama has also said that he will raise capital gains taxes from 15 percent to 20 percent. He says he’s aiming at “fat cats” who make above $250,000. However, while only 1 percent of Americans make a quarter-million dollars, roughly 50 percent of all Americans own stock – and while investments that are through IRAs, 401Ks and in pension plans are not subject to capital gains, those stocks in personal portfolios are subject to capital gains, no matter what the owner’s income is. However, according to the US Congress’s Joint Economic Committee Study, “Recent data released by the Federal Reserve shows that nearly half of all U.S. households are stockholders. In the last decade alone, the number of stockholders has jumped by over fifty percent.” This is clear – a significant number of all Americans who earn well under $250,000 a year will feel this rise in their capital gains taxes.
Under “President” Obama, if you sell off stock and earn a $100,000 gain — perhaps to help put your children through college — instead of paying $15,000 in capital gains taxes today, you’ll pay $20,000 under Obama’s plan. That’s a full one-third more, and it applies no matter how much you earn.
________________________________________
The truth is that Barack Obama want TO TOTALLY GET RID OFF CAPITAL GAINS, THATS THE FACT. DONT BELIVE WHAT JOHN IS SAYING ABOOUT OBAMA. JOHN IS A PAID REPUBLICAN BLOGGER PAID BY THE MCCAIN CAMP TO SPEAD FALSE LIES.
OBAMA WILL ELIMINATE CAPITAL GAINS TAXES.
OBAMA WILL ELIMINATE DOUBLE TAXATION.
OBAMA WILL GIVE 95% AMERICANS A TAX CUT.
JOHN IS LYING. THE MCCAIN CAMP IS DESPARATE AT THIS POINT AND WILL SAY ANYTHING TO SEE IF YOU ALL WILL FAR FOR IT.
LETS SEND SARAH PALIN PACKING BACK TO ALASKA TO FACE HER TRAIL ON VIOLATION OF ABUSING HER POWERS AS A GOVERNOR. SAD!!!

Posted by: BILL | October 28, 2008, 10:41 pm 10:41 pm

Wow John. You got off You Tube and decided to share your personal income tax details with us all.
Guess what? “Pretty bad when news portrays Obama with using Gestapo tactics.” Yes, this is the way I’ll be remembering you, John. Not as the clever guy with the all the tax jargon at his finger tips.
Your tax post was dazzling!! Trouble is, I’ve checked Obama’s tax plan Vs McCain’s tax plan out already, from every angle. We all have. The information has been freely available since the plans were announced and I don’t tend to leave these things to the last minute to check out. Obama Wins, John. His Tax Deal is the Best Deal for Middle Class Americans. I don’t know what you really earn, I honestly don’t care. I know MY financial circumstances, John. Obama’s plan is better. Much Better.

Posted by: chester burns | October 28, 2008, 10:42 pm 10:42 pm

look up on you tube this title
shocker fannie and freddie
it shows the democratic controlled congress buried its head in the sand.
McCain, Bush, CLinton and other good senators tried to stop it.
THAT IS FACT AS SHOWN ON THE HISTORICAL C-SPAN ARCHIVES.

Posted by: John | October 28, 2008, 10:42 pm 10:42 pm

I agree. Obama said he will eliminate capital gains taxes.

Posted by: Jake | October 28, 2008, 10:43 pm 10:43 pm

Posted by: John | October 28, 2008, 10:44 pm 10:44 pm

Bill: Well Said. We’ve never met, but we’ll be strolling hand in hand to the voting booth next week. Obama 08!

Posted by: chester burns | October 28, 2008, 10:45 pm 10:45 pm

I am not a paid blooger if I was would have less typos 8)

Posted by: John | October 28, 2008, 10:45 pm 10:45 pm

I make les than 50K and McCain is the better choice for me.

Posted by: John | October 28, 2008, 10:47 pm 10:47 pm

Obama’s Redistribution of wealth and the welfare state——”In other words, they are an income transfer — a federal check — from taxpayers to nontaxpayers. Once upon a time we called this “welfare,” or in George McGovern’s 1972 campaign a “Demogrant.” Mr. Obama’s genius is to call it a tax cut.The Tax Foundation estimates that under the Obama plan 63 million Americans, or 44% of all tax filers, would have no income tax liability and most of those would get a check from the IRS each year. The Heritage Foundation’s Center for Data Analysis estimates that by 2011, under the Obama plan, an additional 10 million filers would pay zero taxes while cashing checks from the IRS. The total annual expenditures on refundable “tax credits” would rise over the next 10 years by $647 billion to $1.054 trillion, according to the Tax Policy Center. This means that the tax-credit welfare state would soon cost four times actual cash welfare.”

Posted by: amazed801 | October 28, 2008, 10:47 pm 10:47 pm

John Said:
look up on you tube this title
shocker fannie and freddie
it shows the democratic controlled congress buried its head in the sand.
McCain, Bush, CLinton and other good senators tried to stop it.
THAT IS FACT AS SHOWN ON THE HISTORICAL C-SPAN ARCHIVES.
________________________________________
JOHN HE WE GO AGAIN!!! ANOTHER LIE.
THE FACT IS THAT JOHN MCCAINS OWN CAMPAING MANAGER RICK DAVIS WORK FOR A FIRM WHO LOBBYD FOR FANNIE AND FREDDIE. rICK DAVIS TOOK IN MORE THAT 450,000 IN PAYMENTS.
SO THE ISSUES HERE IS WITH MCCAIN AND HIS ERRATIC STAND ON THE ISSUES.

Posted by: JAKE | October 28, 2008, 10:48 pm 10:48 pm

John: The American Thinker is a Right Wing Nut Job Forum.

Posted by: chester burns | October 28, 2008, 10:49 pm 10:49 pm

Lets see.. they tried scaring people saying that small businesses would be ruined.. but then the American Small Business League endorsed Obama.
Then they said that people would lose jobs, and then the AFL-CIO endorsed Obama.
Then they said that the elderly and retired would be hit the hardest, until the AARP endorsed Obama.
Then they said that Obama would be unable to defend our country, but people like Colin Powel and former supreme commander of NATO Wesley Clark endorsed Obama claiming otherwise.
Of course, they are now playing the ‘socialist’ card, neglecting that Warren Buffet and former fed chairmen Volker have endorsed Obama (and Greenspan came out and said he does NOT support McCains tax cuts). All the while, the don’t realize that people are seeing right through their rhetoric and not buying it.
Then they said his health plan would be a disaster, and the EPI, TPC, Commonwealth fund and Wall Street Journal released their analysis that show it is vastly superior to McCains health insurance train wreck.
They haven’t tried the intelligence card, but that is a no brainer (pun intended).
They tried the ‘clean up washington’ bit, and then Palin was found to have abused power and violated state ethics laws.
They tried the guilt by association tactic, which just blew up in their faces and forced out some pretty severe skeletons in both McCains and Palins closets that were far more damaging.
And while more and more americans are crossing the party line to support Obama, including major newspapers who have never endorsed a democratic presidential candidate in their 100+ year history, and basically the whole world is rooting for Obama, McCain and Co. gets an endorsement from Al-Qaeda. And their only other high profile ‘score’ was from Lynn Forrester de Rothschild.. however before giving that endorsement, she went on record as saying:
“It’s going to be, What is in the best interest of all Americans? And I think if history is our guide, we’ve had stronger economies, more wealth creation, under Democratic presidents than we have under Republican presidents. So I don’t understand why all my capitalist friends aren’t Democrats.”
Which does take a bit of wind out of those sails.. All in all, I’m quite interested to see what they can possibly come up with next.. they have pretty much exhausted everything.
http://elections.foxnews.com/2008/10/22/al-qaeda-linked-web-site-backs-mccain-president/

Posted by: Mary Sue | October 28, 2008, 10:49 pm 10:49 pm

Look at the video, it is not a lie. What can not stand to see the truth!!!!!

Posted by: John | October 28, 2008, 10:51 pm 10:51 pm

Obama concedes that cutting the capital gains tax actually increased revenues, but says that he’d raise it anyway for the sake of “fairness.” Because hedge fund mangers make too much money.
It’s amazing that Obama isn’t embarrassed to make such economically illiterate, down-right socialist, comments in public. I mean, he concedes that cutting the capital gains tax has increased revenues but then actually manages to suggest that the tax cuts have lost the government money by invoking the specter of borrowed funds from China.
The exchange becomes laugh-out-loud funny when Gibson challenges Obama again about the fact that capital gains tax cuts have increased revenue, and Obama tries to change the subject to the housing crisis.
If this is the best the Dems have this campaign season, they are in deep trouble.
And by the way, is there now a cap now on the acceptable amount of money that an American can make? What’s the limit? A billion dollars? Two billion? At what point does Obama think a wealthy person passes from merely being affluent of successful to being contemptibly worthy of excessive tax rates?
What’s more, the suggestion by Obama that only rich hedge fund managers pay the capital gains tax is false. Anyone who has seen income from investments has paid the capital gains tax, and with some 80% of Americans invested in the stock market in one way or another that’s pretty much all of us.

Posted by: John | October 28, 2008, 10:52 pm 10:52 pm

John’s full of lies, Jake. The lesson for the young or uninitiated is to examine John’s postings – they are erratic. Some present like they are well thought out and contain real information, other’s are more obviously rubbish to look at. But they are all lies. Keep an open mind and check it out, by all means. But if the guy posts erratically and looks like he is lying in some posts, likely as not he is lying across the board. It’s like that in life. You can never get to the bottom of a liar. And once a person lies to you, you know you can’t trust them.

Posted by: chester burns | October 28, 2008, 10:53 pm 10:53 pm

Jake—FYI” Obama’s corporate donor list looks like a Who’s Who of the Wall Street collapse – except some have given more to Obama. Lots more.
“The Obama campaign has just vacuumed up the money in this cycle, specifically from Goldman Sachs, Obama has received over $740,000, as opposed to McCain’s $220,000,” Krumholz said.
Not to mention that the former head of Goldman Sachs, Robert Rubin, is Obama’s chief economic advisor – and two current executives are bundling for him (David Heller and Bruce Heyman). “Bundlers” are mega-fundraisers who, critics say, get special access.
Another big Obama bundler is Citicorp’s Michael Froman. Obama’s even tapped him to help put together his new administration.
Obama has tripled McCain’s haul from Lehman Brothers interests.

Posted by: amazed801 | October 28, 2008, 10:55 pm 10:55 pm

We’ve Already Decided folks. It’s Obama.

Posted by: Florida Poll Worker | October 28, 2008, 10:55 pm 10:55 pm

Obama’s tax plan: double the dividend tax, 28% profit from all home sales, (McCain’s is 0% on all homes under $500,000). Obama also wants to restore the Inheritance tax, and add new taxes on gas, and natural resource consumption. He also wants to add new taxes on retirement accounts.
He needs to pay for his socialist programs some how. He cannot lower taxes on 95% and think that he can fund his spread the wealth plan without raises taxes everywhere else.
To raise taxes on businesses invites trouble. Businesses can pack up and move to another country with lower taxes and still do business with U.S., they can also reduce their workforce, lower benefits and wages to make up for their tax increases and extend the cost to the consumers who buy their products or use their services.
Most of the higher income wage earners are employers. To punish them, will punish their employees and consumers.

Posted by: S Adams | October 28, 2008, 10:56 pm 10:56 pm

I had wondered if anyone had planted some paid bloggers but figured all that right wing hysteria and foaming at the mouth was the result of all the members of Colorado Springs’ mega-churches getting on line all at once.
We don’t know if our taxes will rise or fall; but I still voted for him. The practicalities may mean something altogether different, but his tax plans are well published for anyone to read. They have the backing of the richest man in the country and, trust me, listening to Warren B has made me a lot of money over the years. McCain’s are good for the better off and he’d have gotten my vote with a Centrist, either Rep or Dem. His choice of that narcissistic, self serving fool that passes as a religious nut clinched it for me. If she’s already into it with her ‘handlers’ think of how she’d do with well-reasoned advice from those trained to offer it once in a real position to do some harm.

Posted by: Brad Melton | October 28, 2008, 10:56 pm 10:56 pm

I know so many wealthy people who put their assets into their children’s names to go on Medicaid. Yes, you know who you are or who you are related to. Medicaid is supposed to provide health care to poor people yet lawyers are reaping big rewards from wealthy people who think they should also be entitled to government freebees. It’s really ironic that people with the means to take care of themselves have no qualms about taking a government dole yet begrudge a few dollars to the less fortunate.
People who own small businesses can pay themselves a modest salary and then deduct every single expense, including the Mercedes for personal use (just an example), trips combining a few rounds of golf between meetings, junkets to Vegas for trade shows, etc. I have a friend who used to get rebate checks from a vendor, which he conveniently cashed at the check cashing store and stored in a safety deposit box. Small business people have so many deductions that they often don’t even have to pay college tuition for their children because their imcome (minus expenses) puts them in a lower tax bracket.
People who work for a living have their taxes removed from their paychecks before they can do anything with them.
If working people vote for John McSame because he has better tax policies is voting against his or her self-interest. It’s time to wake up and vote for Obama who really is thinking about the needs of working people and the middle class. Wealthy doesn’t trickle down. That’s a fact.

Posted by: real people | October 28, 2008, 10:57 pm 10:57 pm

** If this is the best the Dems have this
** campaign season, they are in deep
** trouble.
Yeah, we are in deep doo doo, particularly when you look at dumb and dumber over on the other side cat fighting about who did more damage.

Posted by: Mary Sue | October 28, 2008, 10:58 pm 10:58 pm

John SAID:
I make les than 50K and McCain is the better choice for me.
_____________________________
NO JOHN IF YOU MAKE 50K THEN OBAMA IS THE ONE FOR YOU!!! LET ME TELL YOU WHY!!
OBAMA WANTS TO GIVE YOU A TAX CUT IF YOU MAKE 250,000 OR LESS
A TAX CUT FOR THOSE MAKING 250,000 OR LESS, THAT IS 95% OF AMERICANS, PERIOD.
OBAMA WANTS TO ELIMINATE CAPITAL GAIS TAX!!! YES HE WANTS TO RID CAPITAL GAINS TAX.
OBAMA WANTS TO ELIMINATE THE DOUBLE TAXATION, PERIOD.
SO DONT GET FOOLED MY THE LIES OF JOHN MCCAIN. OABAMA WILL CUT YOR TAXES IF YOU MAKE LESS THAN 250,000

Posted by: Jake | October 28, 2008, 10:58 pm 10:58 pm

JOHN McCAIN IS THE BETTER CANDIDATE
Values shape Policy.
Any Pied Piper can soothe the masses with promises of milk and honey but Promises never tell you ‘…what they’re really made of…’
————-
On Economics:
Obama’s values dictate that ‘…we should spread the wealth…’
McCain’s values dictate that ‘….we should not raises taxes on anyone….’
Obama’s values dictate that ‘….$1 million a day in earmarks is ok in 6yrs…’
McCain’s values dictate that ‘….Zero earmarks are ok in 26 years….’
————-
ON Life:
Obama’s values dictate that ‘…life begins above my pay grade…’
McCain’s values dictate that ‘…it starts at conception…’
Obama’s values dictate that ‘…when dealing with evil you would…confront evil…’
McCain’s values dictate that ‘…when dealing with evil you would…defeat it!…’
————-
ON SELF DEFENSE:
Obama’s values dictate ‘…I have no intention of taking away folks’ guns…but…I support the D.C. handgun ban in private homes…’
McCain’s values dictate ‘…gun control is a proven failure in fighting Crime…’
————-
This election has two VERY DIFFERENT candidates.
One candidate’s values appear to still be evolving, while another candidates appear set.
Only one candidate really knows the man he is…..John McCain.

Posted by: Patrick | October 28, 2008, 11:01 pm 11:01 pm

“And by the way, is there now a cap now on the acceptable amount of money that an American can make? What’s the limit? A billion dollars? Two billion? At what point does Obama think a wealthy person passes from merely being affluent of successful to being contemptibly worthy of excessive tax rates?” I don’t know the answer to that one John. A few posts back you told us all you only earn $75,000 and even quoted your tax figures at us – now you’re a bawling mess worried about stocks, capital gains tax and whether or not people will be able to make one or two billion.
I don’t worry about Billionaires – other than, Yes, I do expect them to pay reasonable tax. Absolutely. If that’s socialism, so be it. My concern, and the concerns of others out in the real world, is balancing our own budgets, taking care of health care and sending our kids to college. And paying our mortgages. And watching the prices of our properties decline. For some, it’s also about loosing their homes and jobs. I’ll leave you to worry about Capital Gains Tax and how many Billion people are ‘allowed’ to earn. I’m busy with my own concerns right now. You seem to have the luxury of being to worry about Billionaires and Capital Gains Tax – I guess you’re lucky, then. Good Luck to you.

Posted by: chester burns | October 28, 2008, 11:04 pm 11:04 pm

** This election has two VERY DIFFERENT candidates.
Agree, and while Obama has remained steady, McCain seems to remake himself over depending on how the political winds shift.. what a shame, he has sold his principals for power.

Posted by: Mary Sue | October 28, 2008, 11:04 pm 11:04 pm

Jake–FYI—-CAPITAL GAINS TAX
MCCAIN
0% on home sales up to $500,000 per home (couples). McCain does not propose any change in existing home sales income tax.
OBAMA
28% on profit from ALL home sales. (How does this affect you? If you sell your home and make a profit, you will pay 28% of your gain on taxes. If you are heading toward retirement and would like to down-size your home or move into a retirement community, 28% of the money you make from your home will go to taxes. This proposal will adversely affect the elderly who are counting on the income from their homes as part of their retirement income.)

Posted by: amazed801 | October 28, 2008, 11:05 pm 11:05 pm

John McCain isn’t alone, Patrick. I’m aware of who he is and what his values are. I’m voting Obama.

Posted by: chester burns | October 28, 2008, 11:06 pm 11:06 pm

Oh my amazed801, you are one of the people who actually believed that SPAM e-mail.. how funny! You might want to take a look-see at the following before you make yourself look more foolish:
http://www.snopes.com/politics/obama/taxes.asp

Posted by: Mary Sue | October 28, 2008, 11:09 pm 11:09 pm

Chester –so you will never sell your home??

Posted by: amazed801 | October 28, 2008, 11:09 pm 11:09 pm

On taxes, McCain would preserve the Bush tax cuts, due to expire in 2010, and would cut the corporate income tax rate from 35% to 25%. Under his plan, high-income people would pay a top federal income tax rate of 35% and the lowest-income people would keep their rate of 0%.
Obama would preserve some of the Bush tax cuts, but would raise tax rates substantially on single taxpayers making $200,000 or more and on married couples making $250,000 or more. Their top rate would rise from 35% to 39.6%. Also, Obama would impose a further Social Security tax rate of 2% (for employees) to 4% (for the self-employed) on married couples whose income is $250,000 or more, making the top rate on earned income as much as 43.6%. Combined with the Medicare tax rate on earned income of 1.45% for employees and 2.9% for the self-employed, the top marginal tax rate on earned income could hit as high as 46.5%. By contrast, the top rate on earned income under McCain would be 35% plus 2.9%, or 37.9%.
Obama emphasizes that he would cut taxes for people with incomes below $200,000. Interestingly, though, he would not cut any tax rates on ordinary income. Instead, he would grant various tax credits and phase them out as people’s income increases. This means, ironically, that although many people’s taxes would be lower under Obama, their marginal tax rates would be higher. Within the income range over which the tax credit phases out, for every additional dollar the person makes, he loses some of the credit, adding an additional tax rate on top of the statutory tax rate. This means that not just high-income people, but also many modest-income people, would have a reduced incentive to make income under the Obama tax plan.
With such different tax proposals, you might expect substantially different effects on the federal government’s revenues. You would be right. Unfortunately, the main organization that has tried to estimate the effects of these tax proposals on revenues, the Tax Policy Center, an organization run by the Urban Institute and the Brookings Institution, has done a fairly poor job.
Alan Reynolds, an economist at the Cato Institute, has done a more careful job of estimating the effects of McCain’s and Obama’s tax proposals on revenue. His main finding about Obama’s proposal is that the large revenues Obama expects from raising marginal tax rates on the highest-income people will not be forthcoming because of the various tax-avoidance strategies they will engage in. These include switching their investments from taxable bonds to tax-free municipal bonds, becoming a one-earner family (the vast majority of high-income families have both husband and wife working, a main reason they are high-income) and increasing their 401(k) contributions. Obama’s higher marginal tax rates will lead to more federal government revenue, but not nearly as much as he claims.
And, concludes Reynolds, while McCain’s cut in corporate income tax rates will yield less revenue, the revenue loss is not nearly as much as the Tax Policy Center claims because the U.S. has one of the highest corporate tax rates in the industrial world and would, by cutting the tax rate, make the U.S. a more attractive place to invest.
On the budget side, Obama advocates substantial new spending on domestic programs and less spending on the Iraq war. McCain advocates continuing the high spending on the Iraq war and less spending on the domestic side but has not spelled out, other than ending the federal government’s subsidy to ethanol and a vaguely defined federal budget freeze, where he would cut. Asked by Jim Lehrer in the first debate which of his spending priorities he would give up to pay for the $700 billion bailout, Obama instead listed things he would not give up. It is difficult to estimate, therefore, the effect on the budget deficit that either would have. A reasonable bet is that the deficit, which some expect to hit the previously unimagined $1 trillion, or 7% of gross domestic product, in the current fiscal year, will be higher under Obama than McCain, but, in any case, will be obscenely high.

Posted by: John | October 28, 2008, 11:09 pm 11:09 pm

While by free-market standards, McCain’s proposals are far superior to Obama’s, both have given away the store by voting earlier this month for central planning of financial markets.
David R. Henderson is a research fellow with the Hoover Institution, an associate professor of economics at the Naval Postgraduate School, and the editor of The Concise Encyclopedia of Economics (Liberty Fund, 2008).

Posted by: John | October 28, 2008, 11:09 pm 11:09 pm

Just wanted to inform everyone of the 1st Amendment….which is Freedom of Speech, as I say this I have read a lot of these comments and let me say this, You all need to grow up. You think this person is in love with that one, or someone makes a comment about this newscaster and Obama sitting in a tree….how old are you?? Are you even old enough to vote, if not then don’t belittle someone. As for Me, I am voting for Obama, due to the fact I feel the military should pull out of Iraq in a timely manner and so doesn’t Iraq. Bushwacker has taken a lot of jobs away especially in Florida (when I say Bushwacker I mean all the Bush’s), how do I know this because a probation officer know works in Tenn due to the fact he lost his job in Florida. Yes, he did his job right thank you. I am all for tax deductions on the middle class, heck my family doesn’t make $250,000 a year, I have waited for someone to tax the rich and famous and finally someone has come and said he is going to do it.
Now on the Iraq war, dear ole Daddy Bush called a war in Iraq for only 100 days….now his son has declared one for 7 years. Well if his father would have actually stayed there and did a real war ( I dont call a war lasting a 100 days a real war) we wouldn’t have had 9/11 or 7 years in Iraq. How do I know how long that war was, I had my husband at the time and 2 brother in laws at the time serving that war, now this time I will have 2 children serving this war, for what something that should have happened in 1991, I call that a waste of tax dollars….I pay these tax dollars too.
People sit here and talk about education, well I also am a college student for Criminal Justice. So yes, I go to school and I work, and my husband can work from 8-20 hours a day. My daughter who is in the National Guards full time and has a waitressing job at night just to get by. See life is not pretty when it is broken down this way. My son is in the National Guards too. Reagan stated “The National Guards is not one of the militaries”, but who is mostly overseas the National Guards. Since Reagen made that statement he stopped all National Guardsman from getting any health insurance, but they can spend 4 tours or more overseas and that is the only way they can get health insurance…..NOW I SAY THAT IS STUPID….due to the fact when they are called just like the Army they go. Did any of you know this about the National Guards???? Instead of belittlng this anchorman or Obama learn about your military the one that is protecting your country. But that can’t happen due to the fact I don’t hear any of you stating how much Bush is costing us overseas a day. McCain wants to cost us the same about, why???? We have troops that dont have the right equipment, that should have newer equipment, should I go on due to the fact I am a Navy Brat, Ex Army Wife and now a Mom of 2 National Guardsman. Yes, My dad faught in Vietnam in 3 different tours and Korea in 2 different tours. So do I know something about the military….Yes, I do, and just because McCain is 72 years old he needs to get his head out of the sand, due to the fact he may know about the mililtary but he doesn’t know anything about saving this country from being in DEBT. If he did he wouldn’t keep our military overseas longer. This WAR(S) due to the fact everyone has forgotten about Afghanistan…..has been the deadlist war besides Vietnam. I have 2 friends in Afghanistan and they know they need more support, but they also know they will not get it. These men have been in the military for many years also.

Posted by: Just Me | October 28, 2008, 11:11 pm 11:11 pm

Mary Sue–Al Qaeda is playing the American people. They really want Obama because he is weak, but if they endorse Obama they know he will lose. They have seen the negative response to Obama by other terrorist groups and communist leaders:
Obama’s endorsements include, Louis Farakhan,Hezbollah, FARC, Hugo Chavez, Iran, Hamas and Rashid Khalidi PLO advisor(a video has just been found of Obama and Khalidi toasting over dinner and laughing about the end to Israel). Obama has also been corresponding with his cousin in Kenya, Odinga, who is linked to mass murder of Women and children in a church after he lost his election for Prime Minister. Obama has been taking his advice on how to win this election. Hatem El-Hady, chairman of Kindhearts foundation in Ohio is on FBI watchlist. His charity was shut down due to funneling of money to Hamas. He gave Obama campaign $200,000. He had a dedication page on Obama’s website. When the story broke about him, it vanished in Apr 2008.
Let’s not forget Obama’s mentor, Rev Wright, and his black liberation theology and racist speeches and of course a home grown terrorist friend who killed a police officer and bombed the pentagon, William Ayers.

Posted by: S Adams | October 28, 2008, 11:11 pm 11:11 pm

** Let’s not forget Obama’s mentor, Rev Wright
Oh that is so yesterday dear! Today is ‘the economy’.. they passed out a memo earlier today.. You must of missed it.

Posted by: Mary Sue | October 28, 2008, 11:14 pm 11:14 pm

Hey John the tax man…..
Your assumptions are based on the current tax code. The tax code changes from year to year depending on policy adopted by the administration and the congress. So in essence, you have no idea what the code will look like under an Obama presidency. If he keeps his promise, it will look entirely different than what you based your calculations on.
But lets go with your assumptions anyway. The McCain plan would mean less money in my pocket. Why? Because I have a decent health care plan with my employer. It’s not great and it’s not the Cadillac plan that McCain describes as paying for hair transplants etc. It’s a plan that still involves quite a bit of out-of-pocket expense from me. I live in an area of the country that has higher than average cost associated medical care. Still with me? My plan has a value of around $14,000 per year if I had to purchase it on the open market. I repeat, its a decent plan but with the cost of health care in this country, a hospital procedure or stay would still put a hit on my pocketbook.
McCain would tax my healthcare from my employer as income. So he’s gonna hit me on the $5000, but he says he going to give it back! Well if you’re going to give it back, why take it in the first place?
Ok John, I’m going to forget the $5000 for now. So lets take that $5000 away from $14000 that is the value of my benefit. Surprise John! Add another $9000 to my income to be taxed!!! The double whammy is that I’m not going to see that income, it goes for my health care! Ok, I brought the $5000 back into the equation now John, it’s $14000 again. I’m taxed at a rate that shows me having $14000 more in income than I actually made. Don’t care how you spin it, THAT IS A TAX INCREASE! And John, it makes your tax increase example look like chicken feed! So in essence, McCain is increasing my taxes and Obama is not!
John….. I was born at night, just not last night.
Obama got my vote,
McCain is going to hurt my pocketbook.

Posted by: Hey John The Tax Man | October 28, 2008, 11:15 pm 11:15 pm

Mary Sue: I love your posts! They make me smile :) So well said.

Posted by: chester burns | October 28, 2008, 11:18 pm 11:18 pm

I am going to church and then hanging out with my family tomorrow night. We will not be watching Barack Oblahbla, an angry racist trying to look like a centrist unifier. He is a total liar too. How can he fight terrorism when he is friends with one? He says he will cut taxes, but has never ever voted to cut taxes before. He voted 94 times to raise them!!! I feel McCain will win, because voters will ultimately pick the best for our nation. After 9/11, almost everyone was glad Gore hadn’t won. Remember the feeling? Please get out and vote for McCain-Palin. Nobama-Nobiden!!!

Posted by: Ron Hood | October 28, 2008, 11:19 pm 11:19 pm

** McCain would tax my healthcare from my
** employer as income. So he’s gonna hit
** me on the $5000, but he says he going
** to give it back! Well if you’re going
** to give it back, why take it in the
** first place?
Nope, it gets even better! You won’t get a $5000 tax credit if your employer provides insurance for you.. you will be taxed on that coverage period. That is to ‘encourage’ you to shift to a private provider.. once you do, THEN you get the $5000 tax credit so you can purchase your $14000 insurance policy and pick up the additional $9000 out of your own pocket. Just like his tax plan, McCains train wreck of a health plan simply favors the wealthy and would result in more americans losing insurance.. not exactly a good recipe when we are in the middle of a health care crisis.. but if you are ignorant enough to listen to his lies, then it’s a winner!

Posted by: Mary Sue | October 28, 2008, 11:20 pm 11:20 pm

Mary Sue- Oh hon, you really need to read the entire message. Don’t worry I would never call you foolish I was raised better than that.

Posted by: amazed801 | October 28, 2008, 11:21 pm 11:21 pm

Anyone who thinks that a more socialist form of government is better than what we have, do a little google search and choose some of the more “successful” socialist countries. Check out their standard of living, levels of unemployment, median wage, their ability to protect and defend themselves, percent of the population that is dependant on the government for subsistance (and existance), then look around at what you and those around you have. Look at the median income in this country, the median value of our homes. Are there poor people in this country? yes, but remember that our constitution gave us the right to pursue happiness not the guarantee that it would be provided to us.

Posted by: Obama YoMama | October 28, 2008, 11:21 pm 11:21 pm

here is the link to the whole article.
I also do my research.
http://www.forbes.com/opinions/2008/10/28/mccain-obama-economy-oped-cx_drh_1028henderson.html

Posted by: John | October 28, 2008, 11:22 pm 11:22 pm

Obama has changed his positions in a year, I can’t keep up. First he said pull out of Iraq right away, then he says 16 months. I have seen Obama give a speech to planned parenthood about abortion and seen him give a completely different stance to a christian audience.
He changes his postions depending on who is audience is.
July 8, “no one making under $250,000 will see a tax increase, October 27, “no one making under $200,000 will see a tax increase. (Obama)
October 28,Biden said” no one making under $150,000 will see their taxes increase.
They are lying so much they can’t keep up.
Sometimes Biden and Obama say 2 entirely different things at different venues, on the same day.
Obama will just say, well Joe shouldn’t have said that.
I guess Biden doesn’t get the e-mail update on Obama’s new positions everyday.
It just stuns me that the Obama lemmings fail to do their homework on their candidate. You are suppose to vote for the candidate according to his positions and views for the country, not his skin color.

Posted by: S Adams | October 28, 2008, 11:22 pm 11:22 pm

Mary Sue, didn’t you hear: What government giveth, government taketh away.

Posted by: Brad Melton | October 28, 2008, 11:22 pm 11:22 pm

More tax increases from the Obama campaign—European Levels of Taxation: Barack Obama’s Tax Plan—
Note: Representatives of the Obama campaign have informed the authors that the campaign is not committed to the full 12.4 hike in the payroll tax. An increase in the payroll tax is merely one of many different tax increases that are being considered for those making over $250,000. The Obama campaign implies that the tax increase on those earning over $250,000 may not be limited to earnings but also cover different types of income. Despite questioning, the campaign has not provided any more details.

Posted by: amazed801 | October 28, 2008, 11:24 pm 11:24 pm

** After 9/11, almost everyone was glad Gore hadn’t won. Remember the feeling?
Yeah, where is that Bin Laden guy again?
Billions spent and thousands of lives lost, and what did we get for it? Some weird dude hiding in a hole that didn’t have anything to do with 9/11..
Sure makes me feel better..

Posted by: Mary Sue | October 28, 2008, 11:24 pm 11:24 pm

As a first generation American, I am offended that Obama wants to tax couples making over $250,000. I finally have earned over $250,000 only to hear that this guy wants to steal it. Yes, I don’t even call it socialism, I call it stealing. The funny thing is that Obama and Biden are hypocrites when they only donate 6% (Obama) and less than 2% (Biden) to charitable organizations. If they really believe in giving their fair share then why don’t they?

Posted by: Conservative Immigrant | October 28, 2008, 11:26 pm 11:26 pm

From Wikipedia: While many people believe that lemmings commit mass suicide when they migrate, this is not the case. Driven by strong biological urges, they will migrate in large groups when population density becomes too great. Lemmings can and do swim and may choose to cross a body of water in search of a new habitat[5]. On occasion, and particularly in the case of the Norway lemmings in Scandinavia, large migrating groups will reach a cliff overlooking the ocean. They will stop until the urge to press on causes them to jump off the cliff and start swimming, sometimes to exhaustion and death. Lemmings are also often pushed into the sea as more and more lemmings arrive at the shore

Posted by: Brad Melton | October 28, 2008, 11:26 pm 11:26 pm

They just want change, they don’t know what it means, but they just want it. No homework necessary.

Posted by: Obama YoMama | October 28, 2008, 11:27 pm 11:27 pm

** You are suppose to vote for the
** candidate according to his positions
** and views for the country, not his skin
** color.
Exactly.. that’s why we are voting Obama silly! Obama has a better tax plan, better health plan, better foreign policy stance, better energy plan and is a ton smarter..
Where did you see ‘skin color’ mentioned in all of that?

Posted by: Mary Sue | October 28, 2008, 11:27 pm 11:27 pm

amazed: Not any time soon, as it happens. I don’t think it’s a great time to sell right now, do you??? That’s about the Economy too, you know. It isn’t all about Capital Gains tax. And on that note: and while John is still waxing lyrical and posting his memoirs on the subject of tax – any one who is still confused on this subject need only go straight to the source. McCain and Obama post on their respective tax plans on their websites. Check them out for yourselves. Obama clearly has the best deal to fix this country up and get us moving again and he is the only one with a deal for Middle America. The people most concerned about Capital Gains tax are very greedy people, Amazed, who have hundreds of thousands invested in real estate. That really isn’t me. And it isn’t most of the middle classes. But it is you, apparently. You and John seem very worried about Capital Gains tax. This tax most directly impacts the very wealthy – not ordinary Americans. For anyone selling their homes for less than $250k dollars, the Capital Gains tax remains unchanged. And Obama takes ALL capital gains tax away from small businesses. Add this to the benefits for Middle Class Americans with the myriad of other tax benefits on offer from Obama, and his tax package is the best by far for Middle Class Americans.

Posted by: chester burns | October 28, 2008, 11:28 pm 11:28 pm

Sorry George – not adding up. They keep dropping the income that will receive a tax cut, they have nearly a TRILLION dollar proposal of new expenses and govt programs, he hasn’t figured out how to pay for his move toward socialized medicine ( I’m sorry he has – increase taxes), they are increasing capital gain taxes, they have his philosophy well documented about ‘spreading the wealth’ and redistribution of income, he has a record of NEVER voting for a tax break.
Tick,tick,tick…. 7 days is a long time in politics. Me thinks the messiah has peaked too early.

Posted by: TC | October 28, 2008, 11:28 pm 11:28 pm

** Let’s not forget Obama’s mentor, Rev Wright
Oh that is so yesterday dear! Today is ‘the economy’.. they passed out a memo earlier today.. You must of missed it.
Posted by: Mary Sue | Oct 28, 2008 11:14:55 PM
+++++++++++++++
How is it so yesterday, DEAR, when he was sitting in his church listening to his anti-american, racist filth less than a year ago. How is it sooo yesterday, when Obama’s book “Audacity of Hope” was written from Rev Wrights Black liberation theology. He was Obama’s mentor for 20 yrs and was a big influence on who Obama is today and where he is coming from.
I guess you missed that memo. It’s easy to do when Obama sends out a new one eveyday describing his changed positions for the day. That’s okay, apprently Biden misses them a lot too.

Posted by: S Adams | October 28, 2008, 11:28 pm 11:28 pm

Forbes article? Forbes article?
How about Drudge article? How about FOX report? Forbes….. let’s see….isn’t that owned by Steve Forbes, former Republican presidential candidate and free market, de-regulation preacher?
Well seeing as how his philosopy has worked out so well in light of the current economic meltdown, I would say an article that appeared in one of his publications would be pretty authritative huh?
Get REAL John! hahahaha

Posted by: Forbes Article | October 28, 2008, 11:29 pm 11:29 pm

S Adams, repeating lies won’t work on people who know the truth dear :)
You are free to crawl back under your rock now.. it will be safe to come out in January.

Posted by: Mary Sue | October 28, 2008, 11:29 pm 11:29 pm

About those darn taxes again—”Presidential hopeful Senator Barack Obama (D–Ill.) has unveiled his economic plan of raising taxes on the successful. His plan would boost the top marginal rate to well over 55 percent—before the inclusion of state and local taxes—resulting in many individuals seeing their marginal tax rate double. The consequences of this policy would be a return to the bad old days of tax avoidance, with taxpayers disguising personal income as business income or capital gains and the migration of capital from the United States to abroad.”

Posted by: amazed801 | October 28, 2008, 11:31 pm 11:31 pm

Where did you see ‘skin color’ mentioned in all of that?
Posted by: Mary Sue | Oct 28, 2008 11:27:24 PM
++++++++++++++++
Because Obama is an empty suit, with no experience and the biggest flip-flopper in history. He sat in a racist church for 20 yrs, but if McCain had sat in on one KKK rally he wouldn’t even had made as a senator much less a presidential candidate. Besides color, what else is there? He has no proven record of being able to or ever trying to do the things he promises. He says whatever just to get elected.

Posted by: S Adams | October 28, 2008, 11:32 pm 11:32 pm

I am a small business contractor with 8 employees in southern California. 90% of our customer base is in Obama’s dreaded above 200/250K bracket. I personally earn half that much, but what’s going to happen to my business when my clients are paying an additional $15,000 in taxes next year? I don’t need lower taxes, I need clients.

Posted by: Obama YoMama | October 28, 2008, 11:33 pm 11:33 pm

i would prefer to have Obama in the White House, but, unlike everyone else in Newark, I wont look at the situation with bias.
First of all, Obama is better for the job, just because he has ideas that will have this country prospering. It doesn’t take a genius to figure out that rich people should pay more taxes, than those who have less. It’s actually common sense. This “trickle down” system that the republicans have relies on hope that somehow, the rich will give us some of their wealth.
Where has that gotten us? In a depression
Barack Obama wants to build the economy from the bottom up. He’ll have a similar presidency as Clinton did.
But, like I said, i can’t look at this with bias just because i live in newark, i’m black, and i’m young, blah blah blah
Obama does have his flaws. Obama has little “experience”. Obama has been said to have opposed lowering taxes in the senate. John McCain has been in the Senate for +20 years. He does have a record of going against his own party. He does have a record of “trying to do what’s right”. He is well traveled, and he knows how the world works. He’s a “Maverick”, he’s a Maverick and all that other good stuff
…….
To be honest, both of them sold out.
In 2000, John McCain was defending the same sort of tax policies that Obama will have. He did this in a town hall meeting, and the woman questioning him said that this view was socialist.
Obama has sold himself out in other ways. He’s basically had to change some of his views, or reword them to appeal to white America.
If everything else i wrote doesn’t make sense, this will. Republicans have basically ruled the country for the past 8 years, and now we’re basically in a depression. They’ve lead us to a war that was justified by the search of invisible WMDs, which by the way, costs 225 million dollars a day, while our economy goes down the drain.
It’s simple the democrats time to fix up this problem
I don’t think Obama is perfect, and I have all the respect in the World for John McCain. However, John McCain simply hasn’t run a good enough campaign for the majority of America to believe that things will be different.
Republicans have DESTROYED the economy. Its almost laughable. They’re bound to lose no matter who was the dem. nominee.
P.S.- Let’s stop with this socialism. Unless you’re totally ignorant, you’ve probably heard how John McCain supported a Bill that would nationalize banks.
….-_-
With all that said,……….. YAAAAAAYYYYY, we’re going to have a democrat as president, and he’ll replace the worst in history.
If the dems choke on this one, they mind as well quit their jobs.

Posted by: Joseph | October 28, 2008, 11:34 pm 11:34 pm

Democrats are better for the middle class and the economy. That’s a fact. The only people McCain is talking about are people making above $250,000 a year and corporate CEOs. Obama is the only one offering the middle class tax relief.

Posted by: Sean | October 28, 2008, 11:34 pm 11:34 pm

I am not rich make less than 50K per year, but I do put 2 percent into a 401K. I do not want them taxing it more.
Also if the Dmeocrats get there way they will steal it in the next year and combine it with SS.. That is WRONG

Posted by: John | October 28, 2008, 11:34 pm 11:34 pm

** How is it so yesterday,
Well, you see, yesterday the PAC was pushing the Wright guilt by association thing.. then it turns out that McCain had associations going back to slavery in his families past, so he made them pull it asap to provide some damage control.. before that, it was “obama=bush”, but nobody fell for that one. Today, it’s ‘the economy’, and how we are supposed to believe that Obama is going to raise everyones taxes and how he keeps shifting this magic ‘cutoff’ point.. unfortunately, like the rest of his attack stances, they are just more lies and stupid word tricks.. of course, you are perfectly free to continue using them if you like.. it just helps the Obama campaign when you really can’t discuss issues and can only throw out mud hoping that it just might stick to the more ignorant out there.
Good luck!

Posted by: Mary Sue | October 28, 2008, 11:35 pm 11:35 pm

Come on George, Rush admits that he’s a mouth piece for the right. Why don’t you have enough integrity to admit that you’re just a mouth piece for the left? Unbiased you ain’t so go ahead and admit it.

Posted by: Oonogil | October 28, 2008, 11:37 pm 11:37 pm

John, you know full well who it was that pushed to have Social Security privatized. He wanted it invested in the stock market. LOL. He’s gotten the worst approval rating of any President since Truman.

Posted by: Brad Melton | October 28, 2008, 11:37 pm 11:37 pm

** Also if the Dmeocrats get there way they will steal it in the next year and combine it with SS.. That is WRONG
You are right, it is wrong? Where do you come up with such nonsense?!?

Posted by: Mary Sue | October 28, 2008, 11:37 pm 11:37 pm

Would Obama, Dems Kill 401(k) Plans?
October 23, 2008 10:47 AM ET | James Pethokoukis | Permanent Link | Print
I hate to use the “S” word, but the American government would never do something as, well, socialist as seize private pension funds, right? This is exactly what cash-strapped Argentina just did in the name of protecting workers’ retirement accounts (Efharisto, Fausta’s Blog). Now, even Uncle Sam isn’t that stupid, but some Democrats might try something almost as loopy: kill 401(k) plans.
House Democrats recently invited Teresa Ghilarducci, a professor at the New School of Social Research, to testify before a subcommittee on her idea to eliminate the preferential tax treatment of the popular retirement plans. In place of 401(k) plans, she would have workers transfer their dough into government-created “guaranteed retirement accounts” for every worker. The government would deposit $600 (inflation indexed) every year into the GRAs. Each worker would also have to save 5 percent of pay into the accounts, to which the government would pay a measly 3 percent return. Rep. Jim McDermott, a Democrat from Washington and chairman of the House Ways and Means Committee’s Subcommittee on Income Security and Family Support, said that since “the savings rate isn’t going up for the investment of $80 billion [in 401(k) tax breaks], we have to start to think about whether or not we want to continue to invest that $80 billion for a policy that’s not generating what we now say it should.”
A few respectful observations:
1) McDermott is right when he says the savings rate isn’t going up. But the savings rate doesn’t include gains to money you invest in the stock market. It ignores the buildup of net worth. (If you bought a share of XYZ Corp. in January at $100, for instance, and its value doubled by December, the savings rate measure would still value that investment at $100. In short, the savings rate is a phony number.)
2) So based partly on the above faulty logic, the $4.5 trillion, as of the start of the year, invested in 401(k) plans doesn’t count as savings.
3) Ghilarducci would have workers abandon the stock market right at the bottom of the market. A stupid idea, according to Warren Buffett: “I don’t like to opine on the stock market, and again I emphasize that I have no idea what the market will do in the short term. Nevertheless, I’ll follow the lead of a restaurant that opened in an empty bank building and then advertised: ‘Put your mouth where your money was.’ Today my money and my mouth both say equities.”
4) Ghilarducci would offer a lousy 3 percent return. The long-run return of the stock market, adjusted for inflation, is more like 7 percent. Look at it this way: Ten thousand dollars growing at 3 percent a year for 40 years leaves you with roughly $22,000. But $10,000 growing at 7 percent a year for 40 years leaves you with $150,000. That is a high price to pay for what Ghilarducci describes as the removal of “a source of financial anxiety and…fruitless discussions with brokers and financial sales agents, who are also desperate for more fees and are often wrong about markets.” Please, I’ll take a bit of worry for an additional $128,000.
5) What effect would this plan have on an already battered stock market? Well, I would imagine it would send it even lower, sticking a shiv into the portfolios of everyone who didn’t jump aboard. But I am sure the Chinese would love to jump in and buy all our cheap stocks to fund the retirement of their citizens.

Posted by: John | October 28, 2008, 11:40 pm 11:40 pm

It is your responsibility to research the character of the man/woman running for POTUS.–
But don’t take my word for that. Take John Adams’ words on the matter—
The people “have a right, an indisputable, inalienable, indefeasible, divine
right to that most dreaded and envied kind of knowledge — I mean of the
character and conduct of their rulers.”

Posted by: amazed801 | October 28, 2008, 11:41 pm 11:41 pm

Hey John!!!
Here is the attribution to John’s Forbes article.
“David R. Henderson is a research fellow with the Hoover Institution, an associate professor of economics at the Naval Postgraduate School, and the editor of The Concise Encyclopedia of Economics (Liberty Fund, 2008).”
Hoover Institution. Ring a bell? Hoover? Great Depression? Republican president?
The Hoover Institution is a conservative think tank that was founded at Stanford University. It’s “fellows” have close ties and have worked in the BUSH administration. In fact, Donald Rumsfeld accepted a position as a “fellow” with the institute after he was canned by the Bush administration.
That’s rich John! You’re using an article written by some guy with the Hoover institute who has ties to the Bush administration…. the guys who helped get us in this mess!
And we are supposed to take advice from them about who has the better economic plan! Man…can’t you do better than that!!??
That’s weak, John…..weak.

Posted by: Hey John | October 28, 2008, 11:41 pm 11:41 pm

SO is it nonsense NOW.
Democrats plan on doing this as soon as Obamantion gets the Presidency

Posted by: John | October 28, 2008, 11:44 pm 11:44 pm

Posted by: John | October 28, 2008, 11:45 pm 11:45 pm

Student asks his principal, “Where is my teacher?”.
“Citywide layoffs”, replies the principal.
“My text books?” asks the student.
“State austerity plan”, says the principal.
“Student loan?” continues the student.
“Federal budget cuts”, says the principal.
Finally, exasperated, student asks, “But how am I going to get an education?”.
To which the equally exasperated principal replies, “This is your education”.

Posted by: Brad Melton | October 28, 2008, 11:46 pm 11:46 pm

** That’s weak, John…..weak.
They all are.. my favorites are when they come up with some ‘analysis’ that only looks at Obamas plan claiming how bad it would be.. but when you compare it with McCains, it turns out that McCains is even worse!
Or when they pull up some article that cites places like the Commonwealth fund as the basis of their analysis, and then when you go look at that analysis, it says the exact opposite..
pretty pathetic indeed.. but kind of fun watching them twitch and squirm grasping at anything to prevent their world view from shattering into a million pieces.

Posted by: Mary Sue | October 28, 2008, 11:47 pm 11:47 pm

obyomama: High earners are High earners. They can weather the taxation – the Middle Class can’t. It’s not like they are being taxed out of existence, there isn’t anything outrageous about Obama’s tax plan. What are you selling to the highearners? What’s your business? (Ball Park – no need for personal details). Hasn’t it already been hurt by the stock crash??? Surely it has! The economy is in down turn and we are all having to readjust. I think you are panicking about Obama’s tax plan unreasonably.

Posted by: chester burns | October 28, 2008, 11:49 pm 11:49 pm

So what do you think of them stealing 401K accounts

Posted by: John | October 28, 2008, 11:51 pm 11:51 pm

Chester,
Let’s look at this from a common sense point of view ok–Obama is going to increase taxes on businesses –now businesses operate to make a profit(that may not be popular but they exist to increase their stock price and their profits) So if you owned a business and could move to another country that is more business friendly and make more money then of course you will do it. It doesn’t matter if it is right or wrong that is just reality. Secondly, if you put the squeeze on the small businesses, increase payroll taxes, charge a penalty if they don’t buy into the gov’t insurance plan,etc then as a business owner you will have to make adjustments. Adjustments could be to reduce the size of the business to avoid the additional tax or lay people off, close offices etc. Poor people don’t create jobs wealthy ones do. Does that mean poor people aren’t valuable -of course not. Obama concerns me because anyone tht is going to try to increase taxes during this recession is extremely naive to say the least. We will end up in a depression like we did in 1929.

Posted by: amazed801 | October 28, 2008, 11:52 pm 11:52 pm

Chuck, I believe what Obama says, I don’t believe you.

Posted by: Sallie | October 28, 2008, 11:52 pm 11:52 pm

John, the Chinese have over a trillion in surplus. Well over. They can afford to fund their own citizen’s retirement plans and don’t need to wait for scraps from us. We are in this mess largely because of the policies which McCain intends to continue on with. There is an old chinese proverb: “If you don’t change direction, you will end up where you are going”. Where we have been going isn’t leading anywhere that I want to be. It’s time to change direction.

Posted by: chester burns | October 28, 2008, 11:56 pm 11:56 pm

America is a country of dreamers. Dreams are great as long as they are tempered with a dose of reality.
The Republicans are successful because they play on these dreams. 100 people dream of being rich. Maybe two actually get there. The Republicans keep giving to the rich with a premise that “someday you can be rich to!” So what happens is people go to the polls with that dream of being rich and voting to make sure the rich still get the tax breaks, the loopholes the perks, because one day, they are going to be rich to!
So what they do is cut their own throat because of the dream. The dream that will only come true for 2 out of 100 who have the dream.
They drink the Koolaid. They believe the rhetoric. And they die without ever realizing the dream. But what they never realize is that they have been played for suckers all their lives.

Posted by: Leave It With This | October 29, 2008, 12:00 am 12:00 am

** Obama is going to increase taxes on businesses
Nope.. no change to corporate tax structure
** if you put the squeeze on the small businesses, increase payroll taxes
Nope.. small businesses are exempt from the health care tax, and are provided other benefits.. and if they were so worried, why is the American Small Business League endorsing Obama?
http://www.asbl.com/showmedia.php?id=1002
** Poor people don’t create jobs wealthy ones do
Wrong.. the middle class drives the economic machine. If it were not for their spending, businesses would have no sales.. without sales, no profits.. without profits, no jobs and no businesses.. face it, trickle down hasn’t worked since it was first coined in 1927 by hoover.
** We will end up in a depression like we did in 1929.
Major cause of depression is continued and sustained deficit spending.. guess how we got where we are now?
Do you get all your information from SPAM emails? You might try picking up a book on economics or history.. they are much better sources of real facts, not fiction dear!

Posted by: Mary Sue | October 29, 2008, 12:00 am 12:00 am

Chester–You might want to do a little more research on China and capitalism.

Posted by: amazed801 | October 29, 2008, 12:01 am 12:01 am

Mary Sue-Hon, again read the entire article “However, even when the problem may be caused by something else, like too much EZ-credit, a significant tax cut is an effective way to deal with the problem. Indeed, I might even say that it is the only effective, positive thing a government can do. As you might have gathered from reading this far, neither changes in spending nor changes in regulation tend to alter the course of economic developments very much, unless there are really egregious problems in those areas. George W. Bush, though much loathed (here too) for many other things, nevertheless had the right idea when he cut taxes in 2003.”

Posted by: amazed801 | October 29, 2008, 12:04 am 12:04 am

Amazed: Obama has made it crystal clear that he will not be increasing taxation on small business. This group employs the overwhelming majority of us. Taxation increases for the wealthy and corporate America is miniscule in comparison with what they earn, and this taxation is hardly unique – it is simply getting back to what has become eroded. If we carry on down the path of ignoring middle class americans and keep spiralling the majority of people in this country down to a place of Disadvantage, we will break the backbone of the country. You sound like you are out of touch with what is happening to folks in middle america. No disrespect, but it really doesn’t seem to be touching you. It’s like when talked about Capital Gains Tax – that’s a tax on the PROFIT you make on selling houses. Do you really think that the majority of people in America are worrying about how much TAX they are going to pay on the PROFIT they are going to make when they sell their house? Do you know how much PROFIT you’d have to be making for that to be a concern??? Capital Gains Tax is a Rich Person’s Tax. The only people who ‘worry’ about Capital Gains Tax are very wealthy people. So wealthy, they don’t need to worry about money. But, as we so recently saw on Wall Street – the Fat Cats always want more. SO they try to frighten people by shouting “It’ll hurt you, It’ll hurt you”. I appreciate that it amazes you :) But no, it doesn’t hurt me – or most people. Look – vote your conscience. No offence – we just have different experiences and opinions. Some people have wealth that they want to protect. Some people just don’t like the Left leaning side of the political fence. I’m OK with that, that’s reasonable and it’s their call. But I think the writing is on the wall for this election and I don’t think people have anything to be concerned about re: Obama’s tax plan. If the middle class ‘goes under’ – a lot of consumers go with it – and that’s not good for business or the economy either. Obama has the only plan to help the ailing Middle Class – I think this is the main reason why he will win. That – and the war. I think a lot of people want us out of Iraq. I certainly do. So that’s a big deal breaker for me right there over McCain’s approach. We’ll all see next week, which way we go. I gotta get some sleep. Ciao, Amazed. Sorry if I sound a bit aggressive, I get that way when I feel passionately about something. It’s a bit of a flaw I have… I’m working on it. But I enjoyed chatting with you all. And John too. Good Folks, different opinions is all. G’nite.

Posted by: chester burns | October 29, 2008, 12:10 am 12:10 am

PS: And Mary Sue – You Rock!!! You are one clever Gal – Love your posts. Ciao.

Posted by: chester burns | October 29, 2008, 12:14 am 12:14 am

** As you might have gathered from reading
** this far, neither changes in spending
** nor changes in regulation tend to alter
** the course of economic developments
** very much, unless there are really
** egregious problems in those areas
Hmm, you mean like removing banking regulations that were in place since the 20′s allowing banks to take mortgages, package them up and sell to investors?
Or how about that enron loophole, where natural gas prices remained flat for 15 years and then skyrocketed 320% the year it was enacted, despite an only 5% increase in consumption between 1987 and 2000?
As for Bushes tax cuts.. he set the record not once, but twice with his tax cuts forcing the largest single year jump in federal deficit, and his continued deficit spending is a major reason for our current recession.. if continued, it will eventually turn into full blown depression.
trickle down doesn’t work.. when hoover tried it in 1927, it was one of the major contributors of the great depression. When regan tried it, he raised the national debt greater than all presidents before him combined, from under $1 trillion to just over $2.6 trillion and set the record for largest unemployment rate in hour history at over 10%. Bush Jr. managed to take a balanced budget and 3.9% unemployment rate, and raise raise the deficit by $133 billion his first year in office. Unemployment hit 6.1% in August. Taxing the middle class more so you can give it to the wealthy doesn’t work, never worked, and continuing to try it expecting a different result is a sign of mental illness.
Continuing down our merry path towards destruction is not something most people desire. By providing economic stimulus in the form of additional revenue for the middle class to spend on necessities and consumer goods will.

Posted by: Mary Sue | October 29, 2008, 12:16 am 12:16 am

Nite chester :)

Posted by: Mary Sue | October 29, 2008, 12:20 am 12:20 am

Who in the long run pays for those stimulis checks? The American people,it is just more debt we have to pay off.

Posted by: John | October 29, 2008, 12:23 am 12:23 am

In the long run McCains policy is beter for America, as far as stimulating more jobs. You guys are worried about your pocket books, not what is best for America. What is in it for me.
Also this is only one area that needs to be looked at.
The Union Card issue, allowing open ballots is wrong.
The Democrats wanting to take over 401K accounts.
The Democrats wanting to bring back the Fairness Doctrine.
Obama and his ideas the Constitution needs to be changed to make up for all the wrongs to the black man, by redistributive change = share the wealth, BS.
Our constitution has worked well for almost 250 years, it does not need changed

Posted by: John | October 29, 2008, 12:29 am 12:29 am

Mary Sue, Where doI start—Firstof all you realize, don’t you, that the Dem’s/Clinton and the Rep’s both are responsible for this? I honestly don’t think most of the Congress understood about diritives. Second-”provide economic stimulus to the middle class”-you know the first stimulus package was a failure-remember he wanted to get the money directly into the hands of the middle class. So no that doesn’t work.
Third- Hoover–People forget why Herbert Hoover thought it necessary to radically increase taxes in 1932. It was at least in part because, in 1929-1931, he radically increased spending as a counter-recessionary move, leading to huge deficits. Remember, the secret is:
Low taxes
Stable money–
The only way to get out of this is to create jobs. Obama’s plan doesn’t create jobs in fact it punishes those that give us jobs. Lastly you realize when the Bush tax cuts are rolled back that will be a tax increase. I don’t mean to be insulting saying the obvious here ,but in reading your emails I realized you were Goggling for answers. This really isn’t a game.

Posted by: amazed801 | October 29, 2008, 12:41 am 12:41 am

This is for real: Colin Powell endorses Obama—–Al Qaeda endorses McCain: ““Al Qaeda will have to support McCain in the coming election,” read a commentary on a password-protected Islamist Web site that is closely linked to Al Qaeda and often disseminates the group’s propaganda.The endorsement left the McCain campaign sputtering.” http://www.nytimes.com/2008/10/26/opinion/26kristof.html?em

Posted by: Sallie | October 29, 2008, 12:43 am 12:43 am

** Our constitution has worked well for almost 250 years, it does not need changed
Fear not dear.. Obama (and Biden) are constitutional law experts.. they have spent their lives protecting the constitution, and will continue doing so.. saying othewise is just plain ignorant.
** Who in the long run pays for those stimulis checks?
Oh, I guess you missed that part of the diffrerence betwee Obamas and McCains tax plans.. instead of taxing the middle class to give to the wealthy, Obama will raise taxes on the wealthy to their original pre-bush tax cuts and lower taxes for the middle class.. surprised you didn’t catch that.. but seriously, you do seem to get a lot of your information from questionable sources.. like your repeating that SPAM e-mail that by the way was circulating during the primaries, but with “Clinton” instead of “McCain” on it.. nothing else changed.
Oh, you might want to re-investigate some of your other claims as well.. like the ‘open ballot’ thing.. maybe I’ll give you a little help and provide a link to the real text of the bill, how about that?
http://thomas.loc.gov/cgi-bin/bdquery/z?d110:SN01041:@@@J
And just to point you to the propor part of that bill, here is the related portion and title (look under the subject of “labor unions”):
H.R.866 : To amend the National Labor Relations Act to ensure the right of employees to a secret-ballot election conducted by the National Labor Relations Board.
Really, do youself a favor and research this stuff before you go spouting out about it.. it will save you from looking so foolish in the future.. if you care!
Gotta run.. have a nice night :)

Posted by: Mary Sue | October 29, 2008, 12:46 am 12:46 am

** Lastly you realize when the Bush tax cuts are rolled back that will be a tax increase.
Yes dear, but for only those making $250K or more.. please check your facts..
Nite nite.. keep clinging baby, all the way to November 4th!!

Posted by: Mary Sue | October 29, 2008, 12:50 am 12:50 am

Chester-
You are dead wrong when you claim that capital gains is only a tax on the wealthy. We are currently in a housing crunch and the only way it will end is when all the foreclosures are finally purchased. This won’t happen over night obviously, but it will take much longer to cure if the capital gains tax is increased by Obama. Obama would be discouraging investment in the economy, causing the housing crunch to continue longer, and stifling economic growth.

Posted by: 42n82bfearless | October 29, 2008, 1:55 am 1:55 am

#1. If corporations and higher-income individuals who run businesses are taxed more, they will pass the tax increases on to the rest of us in higher prices (and/or lower quality).
2. So even IF (and that’s a BIG IF) Obama lowered taxes by $1,000 for some people, I guarantee you that we’d pay much more than that in higher prices!
3. We would also see many businesses have to cut jobs because of the higher taxes for corporations.
4. More unemployment payments eventually means more taxes for everyone.
5. Just a note: Of course Hollywood celebrities support Obama and the higher taxes. These people feel guilty that they make truckloads of money (millions and millions) for each movie and feel a need to resolve their guilt. Moreover, they can make back any extra in taxes by just charging a few million more to star in the next movie. Simple enough. And you? You’ll pay more for your movie ticket Joe.

Posted by: Michelle | October 29, 2008, 2:37 am 2:37 am

McCain wants to redistribute wealth as well, but the difference is he wants to distribute middle class wealth to the rich. The middle class pays the majority of the taxes in the US, while the wealthy get tax breaks and subsidies, under the current bush administration, and McCain wants to keep that train going strong.It’s funny how when corporate america forces US tax payers to bail them out of their loses (such as when Tyson foods got bailed out in billions of dollars when they shipped too much chicken to russia and it rotted in a harbor) you call that “Free market” but when a democrat restores fairness to the tax system you call it “socialist”

Posted by: accorn | October 29, 2008, 3:24 am 3:24 am

If right wingers want to argue that Obama won’t stick to his work and will raise taxes to people making less than $250K then we left wingers can just as easily say that McCain will have to raise taxes with all the programs he plans to offer. Do people seriously believe he can open over 45 nuclear power plants without raising taxes? Give me a break. He conceded to the fact that he will raise taxes on health insurance. Where will it stop with him?

Posted by: 4NEWYEARS! | October 29, 2008, 3:44 am 3:44 am

The following is a QUOTE FROM FACTCHECK.ORG:a non-partisan group____(quote) “McCain’s new ad puts another stitch in what we’ve called HIS PATTERN OF DECEIT on Obama’s tax plan. This latest ad claims Obama and congressional Democrats plan to push forward “painful tax increases on working American families” and that they will bring about “years of deficits,” “no balanced budgets” and “billions in new government spending.”__The ad is plain wrong about higher taxes on working families. In fact, Obama’s economic plan would produce a tax cut for the majority of American households, with middle-income earners benefiting most. As for “years of deficits,” EXACTLY THE SAME CLAIM COULD BE MADE ABOUT MCCAIN’S PROGRAM. It’s unlikely either Obama or McCain would balance the budget, and both are projected to increase the debt by trillions.___Analysis____We’ve already reported on at least three other ads, in both Spanish and English, from Sen. John McCain’s campaign that DISTORT HIS RIVAL’S TAX POLICY. The ads claim that, for example, Democratic Sen. Barack Obama would raise taxes “on the sale of your home” and that he has a “history of raising taxes” and that he wanted to raise taxes on “families” making just $42,000 a year.____Claims like these have led us to say that McCain’s campaign is ENGAGING IN A “PATTERN OF DECEIT” when it comes to describing Obama’s tax plan. THIS MOST RECENT AD FITS RIGHT INTO THE TEMPLATE.”(end quote)

Posted by: wurzelbacher_sieg_heil | October 29, 2008, 5:31 am 5:31 am

There is very good intellect in many of these posts. I’m an Independent, never have voted on party lines in 30 yrs. I’m still not happy Hillary is not a candidate, our country was better off when Clinton was president. Step back and look at all four of these candidates, honestly, is this the best our country can do? Absolutely not, but that’s politics. Did anyone attend that Obama/Oprah rally in Columbia SC? That is when I decided I would never vote for Obama. The media barely covered the racist remarks both of them made, referenced slavery, wanted all blacks to vote for him because “it’s our time”. There were thousands of people (mostly white but also black) that took great offense to these statements and walked out of the rally. Remember how Obama tried to cover his butt, once again saying “what I really meant was…” Oprah stated she was offended that she was perceived as a racist and since that rally and all the conflict they caused, she has maintained a low profile in supporting him. If a white candidate ever made racial remarks of “white power or vote for me because I’m white” I still would have been offended. Agreed that Obama pens very inspirational speeches, but he has flip-flopped on issues and uses his mixed race depending upon the audience. If nothing else this election has caught the attention of millions of previously unregistered voters, majority of them are black to support Obama. I sincerely wish these millions of Americans would have participated in prior elections which would have prevented Bush from being elected. Should Obama lose the election, every American should continue to participate in the election process otherwise don’t complain about the negative results when you have the right and power to make a difference. There are far too many reasons not to bring Obama/Biden into office and the same argument can be made on McCain/Palin. Too much vocus on the VP’s right now, both lack credentials, both have made ignorant statements. Focus on the Presidential candidate. My gut instinct from day one is not to trust Obama, no matter what he says, I’ve watched his actions instead, look at his background, his affiliates, his desire to change the foundations of this country that negatively impact the majority. I’m sick of his single mother and poor folk statements. I have no pity for those who do not want to rise above their conditions, educate themselves and maintain employment that provides a decent income. I was a single parent and I worked hard for many years to support my child without welfare and I earned what I have. I’m glad my tax dollars are spent on the elderly, veterans, handicapped and those with medical conditions provided they are American citizens. I do not however want to support anyone who will not work as hard as I have to make a difference and not breed themselves into a cycle of poverty. Obama’s home state (IL) is in terrible condition with the high murder and crime rates and he failed to follow through on his campaign promises when he ran for his Senate seat. The amount of campaign funds generated by Obama is extremely suspect, why is the media not investigating who is funneling all this money to slam-dunk his election? Another lie of his by accepting public funds, a desperate measure to buy the Presidency. All of these reasons are why the McCain/Palin ticket is perceivd as negative, they are trying to caution the American people on this candidate. I’ll put my trust with McCain, who has the proven experience to bring this country together, lower taxes, create new jobs and maintain jobs in this country by keeping corporate taxes as low as possible. I believe McCain will have an intelligent staff of cabinet members that will consider the impact of their actions on all income classes, no matter their race or religion.

Posted by: Teresa NY | October 29, 2008, 6:50 am 6:50 am

WSJ–For the Obama Democrats, a tax cut is no longer letting you keep more of what you earn. In their lexicon, a tax cut includes tens of billions of dollars in government handouts that are disguised by the phrase tax credit. Mr. Obama is proposing to create or expand no fewer than seven such credits for individuals.Here’s the political catch. All but the clean car credit would be refundable, which is Washington-speak for the fact that you can receive these checks even if you have no income-tax liability. In other words, they are an income transfer — a federal check — from taxpayers to nontaxpayers. Once upon a time we called this welfare, or in George McGovern’s 1972 campaign a Demogrant. Mr. Obama’s genius is to call it a tax cut.The Tax Foundation estimates that under the Obama plan 63 million Americans, or 44% of all tax filers, would have no income tax liability and most of those would get a check from the IRS each year. The Heritage Foundation’s Center for Data Analysis estimates that by 2011, under the Obama plan, an additional 10 million filers would pay zero taxes while cashing checks from the IRS. The total annual expenditures on refundable tax credits would rise over the next 10 years by $647 billion to $1.054 trillion, according to the Tax Policy Center. This means that the tax-credit welfare state would soon cost four times actual cash welfare. By redefining such income payments as tax credits, the Obama campaign also redefines them away as a tax share of GDP. Presto, the federal tax burden looks much smaller than it really is.

Posted by: amazed801 | October 29, 2008, 7:16 am 7:16 am

Investors Flee From ‘Change’ Obama Hypes—
By JACK KEMP AND PETER FERRARA | Posted Monday, October 27, 2008 4:30 PM PT
Are Barack Obama’s proposed tax increases adversely affecting our financial markets?— We say yes, unambiguously. The senator has done a masterful job distracting attention from his tax increases with his $500-per-worker tax credit supposedly for 95% of Americans.
Obama has also set forth more than half a dozen additional refundable income tax credits targeted to low- and moderate-income workers for child care, education, housing, welfare, retirement, health care and other social purposes.
These tax credits are devised to phase-out based on income, which will ultimately increase marginal income tax rates for middle-class workers. In other words, as you earn more, you suffer a penalty in the phase-out of these credits, which has the exact effect of a marginal tax rate increase. That harms, rather than improves, the economy.

Posted by: amazed801 | October 29, 2008, 8:23 am 8:23 am

You need a acertain amount of money to run the government. BUSH, that’s right, BUSH made these tax cuts to those making over $250K and NEVER had they been there before. Not for Clinton, not for Reagan. This brainchild was a BUSH idea, and it costs us over $400 BILLION a year at a time when our DEFICIT is being felt badly. WHO is going to make up that revenue???? WHO??????? Those who vote forMcCain say “I WILL!!! you let them keep their tax cut I WILL PAY FOR IT!!!!”…HOW STUPID ARE YOU?????? FOLKS, if you vote for this you ARE voting for BUSH all over again!!! McCain IS Bush!

Posted by: Frank | October 29, 2008, 9:02 am 9:02 am

Amazed , what you fail to recognize is that Jack Kemp, just like George bush, just like McCAin is a believer in Supply Side Economics. Well, just lookie lookie of how crappy supply side economics does!!!! Pull back regualtions, give huge tax cuts to the most wealthy and then sit back a nd just HOPE that the wealthy ahd big business an banks do something useful with all that money and all that freedom they were given to “drive’ the economy…..Hey, how’d that work??????

Posted by: Frank | October 29, 2008, 9:05 am 9:05 am

People are lying to say that Obama has changed his tax-cut story. The fact is that nobody making $250K or less will get a tax increase. People making under $200K will get a tax decrease. People making over $250K will simply lose the Bush tax-cut they received several years back; a tax-cut which McCain OPPOSED as unfair to the middle class.

Posted by: harleydad | October 29, 2008, 9:08 am 9:08 am

The key to economic recovery is JOBS (according to Sen Biden-a 3 letter word). The only way jobs are created is to allow business, both big and small, to have the funds to create them. Tax revenue pays the bills and without working people paying taxes and businesses profitable, we will not be able to balance our budget. Obama’s plans will not create an environment for job creation hence continued debt, and the middle class will forever be in poverty. By the way we all will get a tax increase when Bush’s tax cuts expire and I do not believe Mr. Obama plans to keep them.

Posted by: mike | October 29, 2008, 9:51 am 9:51 am

Harleydad: The reason McCain opposed the tax cuts was that there was no reduction in spending to accompany them. Reduction of spending was Bush’s biggest mistake.

Posted by: mike | October 29, 2008, 9:56 am 9:56 am

Questions for every single one of you who calls Obama a socialist:
Can you even define socialism?
Are you opposed to paying ANY taxes? Don’t you understand that ALL taxation is a form of wealth distribution?
It is socialist to pay taxes for public schools, Medicare, roads, clean drinking water, and the police and armed forces that protect us?
Once you get past the mindless and ignorant name-calling, it seems the only issues are: Who pays the taxes and how much do they pay?
I’ve examined both candidate’s plans, and I’m definitely better off under Obama.

Posted by: Skeptical independent | October 29, 2008, 10:39 am 10:39 am

Skeptical: it is fine if taxes are used in the way you describe them. If that’s your priority, vote for McCain. Obama wants to give tax monies as “tax credits” to people who pay very little or no taxes at all. That in my mind is welfare–not tax relief

Posted by: mike | October 29, 2008, 10:54 am 10:54 am

See: http://www.huffingtonpost.com/2008/10/28/news-orgs-investigate-pos_n_138449.html
The navy is apparently refusing to release documents related to a fatal automobile accident, involving Johnny McSame in 1964. Specifically, for the past two months, a major American magazine and an allied news service have been engaged in a legal battle with the United States Navy over records that they believe show that John McCain once was involved in an automobile accident that injured or, perhaps, killed another individual.
Further, according to the article, “plaintiffs have also obtained documents showing that law enforcement officers were ordered back to the accident scene to retrieve personal physical effects. The Navy has never publicly acknowledged this information,” one document reads. “This request involves federal government activity, as it addresses what may be an attempt by the Navy to protect by concealment the involvement of a former Navy officer, sitting Senator and Presidential candidate in a serious incident involving the injury or death of another human being.”
Finally, “the first request for information concerning duty assignment logs to Portsmouth Naval Hospital — where McCain was allegedly brought after the accident — came in the form of a Freedom of Information Act request on August 28, 2008. The Navy acknowledged receipt of the request and advised that it had located the relevant information a few weeks later, only to deny the FOIA on grounds that it didn’t prove an “imminent threat to the life or physical safety of an individual” or satisfy the criteria of “a breaking news story of general public interest.”
Thus, there is no doubt the navy has documents related to a fatal automobile accident in which Johnny McSame was involved, but it’s refusing to release the documents to keep the story from hitting the press before election day. Obama/Biden 2008!!!

Posted by: caliguy55 | October 29, 2008, 11:13 am 11:13 am

Senator Obama’s proposals will allow the middle class to keep more of their disposable income by not raising their taxes. It’s only common sense that the more money people have to buy things, the better our economy does. The trickle down ideologies of Ronald Reagan, otherwise known as “Reaganomics”, did work back then, but the free trade agreements i.e. NAFTA and generous tax cuts for the wealthy short-circuited that successful approach. Instead of creating new jobs in the U.S., companies decided it was more profitable to downsize domestically and offshore/outsource production where labor costs were cheap. Unions are partly to blame for this. Unreasonable demands cut deeply into profitability. Greed on both sides created the current situation. There is no question that free trade agreements and tax advantages for corporate entities was a backlash reaction against unions. You can’t have the inmates running the asylum, but conversely, you can’t allow the warden to abuse the inmates either. It’s all about getting things back on an even keel. Obama’s plan is to offer tax incentives to companies that create new jobs domestically. He wants to change the rules in order to bring back a moderate balance between management and employees. He wants to do away with the extremes that both sides migrated to. The relationship between corporate interests and the working class is symbiotic. We all mutually benefit when the scales of productivity are balanced and calibrated properly. Greed tilted the playing field in favor of the elite, who by their lobbying efforts effectively changed U.S. policies to their advantage while abandoning the middle-class. Obama wants to rectify this imbalance by helping the middle-class who has been suffocated by high taxes and stagnant wages. Once this imbalance has been corrected, all sides have to act reasonably, avoiding extremes.

Posted by: Gabriel | October 29, 2008, 11:27 am 11:27 am

As an unaffiliated voter, I’m tired of people crying socialist to scare others into voting their way instead of on solid facts. The republicans have been aggressively redistributing wealth to the corporations and rich since Reagan! McCain has no understanding of the middle class. He has never experienced what the average American deals with every day. Why do you think he keeps preaching trickle down economics? That’s the class he knows, and their greed has done this country no favors.

Posted by: John | October 29, 2008, 12:15 pm 12:15 pm

Anyone making less than $250,000 dollars, who votes for McCain is retarded. It’s as simple as that. 95% of American make less than that amount.

Posted by: James | October 29, 2008, 1:02 pm 1:02 pm

Tell us George, what then happened when Clinton got in office after he ran on lowering taxes????????????????????????????????????????????????????????????????????????????????????????????????????????????
Fools..your answer is the longest sustained period of growth and prosperity in American history. Nice try though.

Posted by: Mark | October 29, 2008, 1:42 pm 1:42 pm

Here’s the latest Rasmussen poll on the tax issues. Obama leads Mccain 47% to 45% (http://www.rasmussenreports.com/public_content/politics/election_20082/2008_presidential_election/mccain_trusted_more_on_taxes_and_economy)
Which poll is more credible, one done by a company whose business it is to do acurate polling or else go out of business, or ABC News?
Also, George S., who are you voting for? Ever vote for a republican? Ever? And what percentage of your news room will vote for Obama? What percentage has ever voted fro a Republican? Step-up, George, and be honest with us.
Finally, Russert worked on the Hill for a Dem, George S. worked in the Clinton White House, Williams interned for Carter, Matthews (a commentator, yes) worked for a Dem on the Hill, Andrea Mitchell is married to Greensoan, a dem through and through. Now, change those affiliations to Republican and how would the public react to the contention that TV news is neutral?
yes, there’s Fox, the Wall Street Journal editoiral Page, the Washington Times, and Right Wing talk radio. There it ends.
Oh, yes, and there is Evan Thomas of Newsweek. From his blurb at the magazine: “Evan Thomas was made Editor at Large of Newsweek in September 2006. He is the magazine’s lead writer on major news stories and the author of many longer features, including Newsweek’s special behind-the-scenes issues on presidential elections, and more than a hundred cover stories.” Evan’s Grandpa was a founder of the ACLU and a six-time candidate of the Socialist party for president.
But, nothing to see here. The media has no bias. It’s clear.

Posted by: zachgarber | October 29, 2008, 3:08 pm 3:08 pm

Posted by: zachgarber | October 29, 2008, 3:10 pm 3:10 pm

George -
You really are ridiculous.
Do you believe the biased nonsense that you spread ?
C’mon dude ….

Posted by: Obamedia George | October 29, 2008, 3:11 pm 3:11 pm

It’s a done deal folks – Obama clearly had the awesome factor. Awesome always beats old. Let the awesome-ness begin….

Posted by: tom | October 29, 2008, 4:24 pm 4:24 pm

If you really believe everyone under 250,000 will receive a tax cut then I have some ocean front property in Arizona I want to sale to all you liberals.

Posted by: Shawn Fornari | October 29, 2008, 4:27 pm 4:27 pm

I refer you to reference A – the awesome-ness factor.

Posted by: tom | October 29, 2008, 4:29 pm 4:29 pm

Obama on TV tonight infocommercials selling…Himself. Basic draft TV info script; Hi, thank you thank you, yes I love me too. First, Just scratch here and receive FREE $500. instant rebate in your 2009 paypack. But there’s more!; you get Joe Biden and his big mouth to run the world (oh I mean US)… but there is more! you get the whole package of my friends and neighbors from Chicago (I hardly know them after 20 years tisk, tisk), Rev, Wright with free use of Anti-American slogans; Ayers, and his 2001 wish I did more bombing in DC to bring CHANGE to America in 60′s; and my long time prof. associate Rashid Khalidi … in addition to being a political ally, he’s a former spokesperson for the Palestinian Liberation Organization.” That will help in our Israel affairs. Maybe we will invite Odinga from Kenya, and Farrakhan if they behave for a day and don’t talk to much Islamic world take over at the party. But there is more!, to CHANGE AMERICA and the world, but I can’t say now, just wait till I am tested in 2009, Joe Biden and I have a few surprises. Now sign up for your free candy tax reduction, and Vote Now. (Oh don’t pay any attention to that man behind the curtain with the controls. Just smile and be happy. Now listen to me carefully AS I SPEAK SLoowly, …There is no other option, …you do not know of McCain-Palin…You do not know of MacCain Palin…You Know only Obama. Go vote.. Good night, and G___ ___ This country.STOPMy 10 second commercial;WAKE UP now America, the nightmare is almost here, VOTE McCain-Palin for the free America you know.

Posted by: johnpills | October 29, 2008, 6:51 pm 6:51 pm

I’m a woman, who is voting for Barrack b/c i don’t want to lose more of my freedoms. Palin is not even close to being a woman- SHe represents everything from a unhealed male viewpoint. (no offense to those men who have already healed/ are healing this)
She has total disregard for our mother earth, (supported the aerial gunning of wolves, refuses to put Polar bears on a endangered list) …. b/c it might affect the oil money she wants her state to make:
Wants to have drilling in the Arctic Refuge… and doesn’t think we are having any impact on our environment with fossil fuels. (yeah and smoking doesn’t give you cancer either…. just think of it on a bit grander scale)
She is for the disinformation of people (especially women who usually have less $ then men & need a library) by trying to ban books and ideas… that she doesn’t like. (the last i heard that’s my right to read what i want… )
Does not take a stand in the mistreatment of females. She thinks if a woman was raped and pregnant from that rape, she should bear that child ( and look at it everyday to be reminded, (don’t worry i’m sure that child would be loved… ha!)… therefore she is supporting the abuse of women and that child).
and If Mcain (an angry war veteran with a failing heart) dies she’s president…. and THAT scares me.
Even if he doesn’t… all he knows is war.
VOTE OBAMA in ’08.
and please really vote… don’t just say it.

Posted by: already free | October 29, 2008, 9:55 pm 9:55 pm

Obama has said consistently that he will NOT RAISE taxes for households whose income is less than $250,000, and that he will LOWER them for households with income below $200,000. McCain has misrepresented Obama’s position as changing, when it hasn’t.

Posted by: JL | October 30, 2008, 1:15 am 1:15 am

Ummm, George? By any chance did you check out the latest Rasmussen Polls? Apparently, YOU’RE a little out of touch because today’s poll shows more American’s trust John McCain on Taxes and Economy than Barrack Obama… Umm, letting your Partisan side show, George.

Posted by: RUKiddingMe?? | October 30, 2008, 9:57 am 9:57 am

GEORGE,
http://www.ntu.org/main/page.php?PageID=6
PLEASE BE A PATRIOT & A JOURNALIST…
Go to this site and review the REAL numbers. Then please do the American public a favor and cut through the BS of Obama’s rhetoric.
95% of working Americans puts the line at 150K…NOT 250K.
Come On George, regain a levle of respect here!

Posted by: Mike_C | October 30, 2008, 1:39 pm 1:39 pm

For all you that voted for OBAMA… good job!! you all just sold your soul to the devil!!! Money this and money that, but I know where my morals are and I would much rather be poor and have morals than let a muslum whos leader HIMSELF SAID “GOD DAMN AMERICA”, run our country. Do you want someone to run this country who doesnt appreciate it, I sure dont, but good job to all the democrats who voted for change, but remember not ALL change is good!

Posted by: Donni | November 5, 2008, 10:08 am 10:08 am

For all you that voted for OBAMA… good job!! you all just sold your soul to the devil!!! Money this and money that, but I know where my morals are and I would much rather be poor and have morals than let a muslum whos leader HIMSELF SAID “GOD DAMN AMERICA”, run our country. Do you want someone to run this country who doesnt appreciate it, I sure dont, but good job to all the democrats who voted for change, but remember not ALL change is good!

Posted by: Donni | November 5, 2008, 10:08 am 10:08 am

Dear computer,
You know what? I think I have a little story to tell about in particular money markets. In the last July, 2007 the markets starts to show something it well happen badly in the economy. I think I can figured out who than this to happen? The people who manages the financial investment and they work as a employer under in the name of mission emplyment agency “AUSTRALIA”. If they the one who done the damage, why they do this and ruined the economy in the world. Not only in AUSTRALIA but also the whole world affects, all peopl’s have invested their money in the markets some loss and some gain. What can you do?!? Finding whose people who work and done and ruined the economy and finalize them? Because is a very serious offense. They have broken the laws. Thank you, we hope for a better next time like good investment.

Posted by: Saturn in capricorn | November 13, 2008, 7:10 am 7:10 am

Dear computer,
You know what? I think I have a little story to tell about in particular money markets. In the last July, 2007 the markets starts to show something it well happen badly in the economy. I think I can figured out who than this to happen? The people’s who manages the financial investment and they work as a employer under in the name of mission emplyment agency “AUSTRALIA”. If they the one who done the damage, why they do this to ruined the economy in the world. Not only in AUSTRALIA but also the whole world affects, all people’s have invested their money in the markets some loss and some gain. What can you do?!? Finding whose people’s who work and done ruined the economy and finalize them? Because is a very serious offense. They have broken the laws. Thank you, we hope for a better next time like good investment.

Posted by: Saturn in capricorn | November 13, 2008, 7:12 am 7:12 am

Dear computer,
You know what? I think I have a little story to tell about in particular money markets. In the last July, 2007 the markets starts to show something it well happen badly in the economy. I think I can figured out who than this to happen? The people’s who manages the financial investment and they work as a employer under in the name of mission emplyment agency “AUSTRALIA”. If they the one who done the damage, why they do this to ruined the economy in the world. Not only in AUSTRALIA but also the whole world affects, all people’s have invested their money in the markets some loss and some gain. What can you do?!? Finding whose people’s who work and done ruined the economy and finalize them? Because is a very serious offense. They have broken the laws. Thank you, we hope for a better next time like good investment.

Posted by: Saturn in capricorn | November 13, 2008, 7:19 am 7:19 am

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