McCain Offering Budget Alternative — But Don’t Call It Leadership’s Proposal

The Republican party is dieing slowly but surely.
They will fall below the 40 mark in the senate come 2010.

McCain was terrible on economics during the presidential debates. Ron Paul schooled him on several occasions.

McCain’s budget would also make permanent the Bush tax cuts,

Sure Mojo….keep drinking that cool-aid LMAO….too funny !

Steve_NJ said
“The Republican party is dieing slowly but surely.
They will fall below the 40 mark in the senate come 2010.”
The same was said about the Democrats not too long ago. Public opinion is a sliding scale and a good amount of the weight lies in the middle. The only way either party can truly hope to retain power is by playing more to the middle and less to the far left or right. The Dems learned that lesson a few years ago and the Reps will learn it as well.
When that happens, if the Dems are trying to strong arm a far left agenda they will fall. Just like they did in the 90′s and just like the Reps did in the most recent elections.

Well at least some in here can’t keep saying “the repubs have no ideas and are part of the problem”

dadelus | Apr 1, 2009 5:54:37 PM
Good point.

April Fools, my friends.

The GOP leadership doesn’t want an alternative because they know it would end up like the laughable proposal from the House GOP.
http://www.political-buzz.com/

If anyone (regardless of party) has a proposal that would supposedly save us $2 trillion, it’s worth at least looking in to it before making judgment. Of course, most of you, who care more about your party than the country, will only look at which party created the budget (whether Obama’s or McCain’s) and THAT, my friend, is part of the problem with this country. Ignorance at it’s finest (and priciest!)

The most innovative proposal in McCain’s budget is a new federally-funded program to KEEP THOSE DAMN KIDS OFF MY LAWN!

its the same old story – more tax breaks for the already stupendously wealthy -and more for big corporations – heck those poor folks are HURTING. lol.

I’m tired of Harry “The Body Oder” Reid saying that it was because of the last 8 years that the economy collapsed.
Has Reid ever heard of the “Housing Bubble?” Which a lot of people in his party help to cause.

McCain you didn’t WIN – so keep your ideas to yourself (especially if nut job Phil Gramm wrote them for you!!! You know the creep from TX that keep deviatives, credit-swaps and hedgefunds UNREGULATED in December 2000.) McCain why don’t you do something POSITIVE for the State of Arizona and help stop illegal immigration (by enforcing the EXISTING laws AGAINST businesses that hire them!!!) and do something about the drug wars that have spilled over into Phoenix and Tucson??? DO SOMETHING FOR YOUR OWN STATE FOR A CHANGE!!!!!!

Hey tired – read this…
Look at the speech President Bush made on June 17, 2002:
“Now, we’ve got a problem here in America that we have to address. Too many American families, too many minorities do not own a home. There is a home ownership gap in America. The difference between Anglo America and African American and Hispanic home ownership is too big. (Applause.)
And we’ve got to focus the attention on this nation to address this.
And it starts with setting a goal. And so by the year 2010, we must increase minority home owners by at least 5.5 million. In order to close the homeownership gap, we’ve got to set a big goal for America, and focus our attention and resources on that goal. (Applause.)
…I want to thank Franklin Raines, of Fannie Mae and Leland Brendsel of Freddie Mac. Thank you all for coming. (Applause.)
…Three-quarters of white America owns their homes. Less than 50 percent of African Americans are part of the homeownership in America. And less than 50 percent of the Hispanics who live here in this country own their home. And that has got to change for the good of the country. It just does. (Applause.)
And so here are some of the ways to address the issue. First, the single greatest barrier to first time homeownership is a high down payment.
It is really hard for many, many, low income families to make the high down payment. … And let me talk about some of the progress which we have made to date, as an example for others to follow. First of all, government sponsored corporations that help create our mortgage system – I introduced two of the leaders here today – they call those people Fannie May and Freddie Mac, as well as the federal home loan banks, will increase their commitment to minority markets by more than $440 billion. (Applause.)
I want to thank Leland and Franklin for that commitment. It’s a commitment that conforms to their charters, as well, and also conforms to their hearts.
This means they will purchase more loans made by banks after Americans, Hispanics and other minorities, which will encourage homeownership. Freddie Mac will launch 25 initiatives to eliminate homeownership barriers. Under one of these, consumers with poor credit will be able to get a mortgage with an interest rate that automatically goes down after a period of consistent payments. (Applause.)”
By 2005, of course, people with bad credit of all races were going nuts with easy credit as this approach became close to the norm.
Put the blame on the right people – FORMER PRESIDENT BUSH ORDERED FRANNIE AND FREDDIE TO GIVE LOANS TO PEOPLE WHO COULD NOT QUALIFY FOR TRADITIONAL BANK HOME LOANS!!!!

Why is it that the Republicans is so willing to sacrifice all else in favor of defence ? Defence spending should be reduced over the long term and this will have a bigger impact on the deficit than anything else. Obama is right to pursue a strategy of beefing up Afghanistan and Iraq’s own defence capabilities so we do not bleed for their security. The notion that the US should be the sole protector and policeman is now outdated. It does not win us any friends and it does not earn us any revenue and we also cannot forcibly impose ourselves on others simply because it will fly in our face everything we stand for. Given the piggy bank, it renders it even more irrelevant the conservative’s argument of the efficacy of the use of force to advance America’s interests.

There sure don’t seem to be many republican supporters posting on this thread defending this so-called “plan”.
“Republicans………HELLOOOOOOOOO…………WHERE ARE YOUUUUUUUUUU ?!?!?!?

This is April fools day so I guest the Republicans just wanted to play April fools joke on the American people with their weak budget.

So many critics are on this site. To me, the plan sounds great — sounds a lot more realistic than either the democrat’s budget or the one introduced by House leaders.

Posted by: mommamia | Apr 1, 2009 6:50:12 PM
So you think McCain’s plan is great… you must be rich and use tax loopholes to avoid many your fair of American taxes too… like Cindy McCain does…

js45601: I agree – and let the Libertarians take over in place of the Republicans to both fight against the big spending Democrats and get us out of policing the world.

I’d agree with this except for keeping the bush tax cuts. I think that taxes need to be raised. The extra money could be used to pay down our debts. We can then invest the money that we save from the interest payments back into productive projects.

Like so many failed businesses, they should file bankruptcy, change their name, and start anew. They remind of that old nursery story of the ant and the grasshopper, Republicans being the grasshopper. So appropo.

I dont trust republicans. That’s all. I Just dont trust them. They dont want anything good to happen. I trust Obama. I Think he’s done a good job so far. banks have steadied. No more bank failure surprises. I think he caught up with the runaway wagon and has caught up thereins. Let’s let the president drive the wagon back home. ) see zero to give the reins to the folks who had the horses in a suicide sprint for the cliff.

Cannot believe media will not splash McCain all over hell’s back yard with the Abramoff connection to him, the Gramm connection with him regarding UBS, housing deregulation, paid lobbying artists for pandering legislation and his own connection with AIG and the investments he has with many of these same companies. Why is he untouchable, or Gramm, Paulson, many Repub’s with a hand in the cookie jar. Please take this serious guys, the outrage should not end with Bush. Cheney also had his fingers in, this is not over by far. The World does know Wall Street along with Conservative politics and politicians have collapsed the World economy. Following this for years it’s easy to see what their behavior says and their words mean. Corruption and greed…..GOP, Greedy Old Party.

i think it the right plan. the dems choice is just to give money away to campaign donors and reward those who do not take risk and employ people. you get what you reward.moreover there should be strings attached…if you get govt handout/ bailout you should be drug tested and sign personal guarantees to pay the money back like small business people have to.

so now johnny is wanting to permanently cement in place the bush tax cuts HE RAN ON VOTING AGAINST? what a prototypical republican chump/loser he is….
it is pretty clear he voted against the tax cuts back then purely as a political stunt/move/ploy ; he knew the tax cuts would pass with republican majority support , without his vote .leaving him free to do what politicians do best …attempt to paint themselves as something they are not.
HES A MAVERICK , HE DIDN’T VOTE WITH REPUBLICANS ON THE TAX CUTS SO YOU CAN TRUST HIM JOE SIXPACK!
yeah right….
now we see the REAL john mccain , a backstabbing hypocrite who is all about getting more
$$ and keeping $$ more at any cost ,even at the peril of the nations health ,the republican oath !!
TOTALLY UNACCEPTABLE JOHNNY ,WE SAW THROUGH YOUR B/S AND THATS WHY YOU LOST YOU B/S ING REPUBLICAN LIAR!!!

whitehawk – It’s time to set aside your dislike for a particular party and look at each plan or idea on its merits. Party loyalty is dividing this country and standing in the way of progress. The truth is, there are corrupt and greedy people in both the democratic and republican parties.
It’s time to stop dredging up the past and start looking for solutions so that our country can thrive again.

What?…More tax cuts??? When are these dummies going to learn you have to pay for it? Taxes have to go up sooner or later. It isn’t pleasant but it is the truth. I seem to see a lot of Europeans touring here and I know their tax rates are higher than here. Maybe socialism isn’t so bad???

“Budget Alternative?” Why not do something for the people’s pocketbook? If congress wants to help the auto industry sell cars, why don’t they have the tax code reflect what it did up until 1987. When itemizing your federal income taxes, before 1987,(Schedule A), you could deduct all “personal” interest you paid. On the Schedule A (Itemized Deductions) form, under “Interest Paid, Block 12 read: “Total credit card and charge account interest you paid”. This was added to the interest you paid for your home mortgage, for a total of the interest you paid for the tax year.
People knew, when buying a new car, that the Government would at least let them deduct the interest they pay for the car, or the washer, dryer, etc. It might not have been much but it was a few dollars you could deduct when filing your tax returns.
But, before anyone realized it, the Schedule A (Itemized Deduction) form, under “Interest Paid” read: “Note: Personal interest is no longer deductible.”
So, if you go out and purchase, on credit, a car or any big-ticket item, you will not get one dime worth of a tax break. You cannot deduct one dollar of the interest. And, the current administration is floating a proposal to get rid of the deduction for home mortgage interest.

John McCain is an old fool and he needs to shut his mouth and go away!!! You lost. John. You and Cheney should SHUT UP!!!!!

JUst print them money. If they dont work anymore just use it to heat the house in the Winter

Happy April Fools Day everyone! We all
needed a good laugh.

Posted by: catman | Apr 1, 2009 7:18:57 PM
You listen to FIXNews don’t you…
Do you think that Rush Limbaugh went to rehab for his addiction to Oxycontin???
Did he pay for it or did taxpayers as he was arrested for possession of a controlled substance???
You do know it costs between $30K to $40K a year to house ONE convict in the U.S. Should we let them out because there is no money to house them anymore as most states are on the verge of financial collapse too or should taxes go up a bit???
Did you know that the bank bailouts are LOANS and have to be paid back first – even if they are taken over.
But like most good Republicans you believe whatever b/s line they feed you on FIXNEWS… Did you ever think that a 4% taxrate hike on the top 5% earners in this country who made most of their money in the financial or service industry in the last few years(unless they are a celebrity or inherit it from good old dad/mom)would kill them??? These are the same people who wouldn’t allow regulation on the hedgefund/ deviatives market in the first place.
So either you are in the 35% tax rate bracket (if you don’t use the existing loopholes not to pay even that much) and YOU think a 4% rise to a 39% tax rate is too much!!!!
Somebody has to start paying for ALL this national debt that has run up over the last 30 years – 22 of them under REPUBLICANS!!!! But YOU think it should be the middle and working class – don’t you??!!??

You so called outstanding citizens of the USA(liberal extremest) are as scary as any group which calls our country home. One political party would be no different than a dictatorship and bring our country to its knees. Do you hold secret meetings and have special handshakes?
Why are you so opposed to alternative views by either party while our President is away in Europe giving away out future. You should vent elsewhere with you freedoms disappearing as fast under this administration as every in our. By the way my family voted for President Obama.

McCains Plan:
1-More tax cuts for the rich and wealthy ceo’s
2-Ship more jobs overseas where they utilize child labor.(more return for wealthy investors)
3-Cut jobs,social security, and medicare for average middle class Americans .
4-More bonus’s and aid for wealthy ceo’s

Yes, I absolutely agree — McCain and Cheney should shut up. Can you imagine what would have been said if Clinton or Gore weighed in on everything the Bush Administration said and did?
McCain still thinks he’s running for election! Cheney is lonely, left-out control freak who can’t move on with his life.

John, the anti war, anti US participation is yet to occur. Maybe you might want to get beyond the spokesperson of the govt across the pond for your news. How about that so call positive meeting between us and Iran? Did you believe in that one yesterday. Plenty of time with our movement in Afghanistan for the President to get attacked around the world for his position.

So you think McCain’s plan is great… you must be rich and use tax loopholes to avoid PAYING your fair of American taxes too… like Cindy McCain does…
Posted by: Melanie
What a lovely, mature response and typical of so many people these days who simply lack the critical thinking skills to formulate a mature response to a comment.
This plan is cheaper than Obama’s, spends less, reduces the deficit by billions and the federal debt by trillions (just think about what happens when China gets tired of buying our debt). It’s a solid plan that protects rich and poor, present and future taxpayers. You don’t need to be rich to see that and to me, seems a heck of a lot better than begging China for more money, or worse, turning on the printing presses and printing more dollars (get ready for inflation!).
Posted by: mommamia | Apr 1, 2009 7:41:39 PM
FIRST of all ‘Mommamia’ there was a typo in my original comment… and as far as my original comment and your typical Republican attack when it was NOT directed at you – is well typical and childish like your ‘username’…
So you think that McCain has the right plan… Really, the same McCain that had Phil Gramm write his pre-presidential campaign economic plan for our country… The same rich, ex-Senator from TX – Gramm that called American whiners when years of DEREGULATION pushed by the Republicans caused our financial banking system collapse. You do mean that McCain!!!!????!!!!
Here is something that maybe you should learn…”A few days after the Supreme Court made George W. Bush president in 2000, Gramm stuck something called the Commodity Futures Modernization Act into the budget bill. Nobody knew that the Texas senator was slipping America a 262 page poison pill. The Act was designed to keep regulators from controlling new financial tools described as credit “swaps.” These are instruments like sub-prime mortgages bundled up and sold as securities. Under the Gramm law, neither the SEC nor the Commodities Futures Trading Commission (CFTC) were able to examine financial institutions like hedge funds or investment banks to guarantee they had the assets necessary to cover losses they were guaranteeing.” And a $40 TRILLION dollar unregulated market!!!!
So keep believing that having the rich p-i-s-s down on us with their Republican Mantra works!!! I take Obama over that Republican b/s anyday because like Obama – I care about this country’s ability to thrive globally through better education, our independence on foreign and polluting oil (as a national security issue as well as environmental issue) and doing something to get people to STOP using our emergency rooms as their personal and non-paying medical clinics!!!
So mommamia – we know where you can take your so-called critical REPUBLICAN thinking and PLEASE place it where it never shines!!!!

McConnell needs to be replaced by someone with some backbone who isn’t afraid to stand up and defend the American people against the destructive Democratic liberal agenda. Good for McCain , Graham, Coburn and Hutchinson.

Just a short time ago McCain thought that Palin was the best that the republican party had to offer, I am sure he is still consulting her on economics.

Breaking news alert! The GOP has new ideas to fix the economy. Tax breaks for the wealthy and blocking spending so long as the democrats are in charge. 19 more republican senate seats on the ballot in 2010.

Sandra We are watching the rest of you froth at the mouth!

NoMoreMr.NiceGuy | Apr 1, 2009 8:23:39 PM—Excellent post! Unfortunately I don’t think many in here can understand it, or if they do…would never admit it. Keep up the good work!

rchnpdx===does that mean that there can be no dialog with the conservatives? Even a moderately intelligent person has to see that we cannot continue on this rampant spending spree.

Melanie posted “Put the blame on the right people – FORMER PRESIDENT BUSH ORDERED FRANNIE AND FREDDIE TO GIVE LOANS TO PEOPLE WHO COULD NOT QUALIFY FOR TRADITIONAL BANK HOME LOANS!!!!” As much as I dislike Bush, he really doesn’t deserve as much of the blame as some of the other people. Top of that list is Phil Gramm, McCain’s economic adviser. Between getting rid of Glass-Steagall and not regulating derivatives (both bills bear his name), he caused most of our problem. The house problem is a small part of the mess, the 35 to 1 derivatives market is what really killed us.

There sure don’t seem to be many republican supporters posting on this thread defending this so-called “plan”.
“Republicans………HELLOOOOOOOOO…………WHERE ARE YOUUUUUUUUUU ?!?!?!?
Posted by: Sandra
==========================
LOL. Good one Sandra.
They are waiting for ABC to start a thread about Michelle’s arms and how much fuel the President is using in Air Force One.

“It will be exactly the same trickle down failed policies the Neo-Cons swear by that were invented by their Messiah Ronald Reagan.”
Trickle-down economics are always in effect, in good times and in bad. What do you think is happening right now?!?!

melanie darling how are you? i was at dinner so i did not have time to address your rant. i support tax cuts for everyone period. i dont want obama giving any more of my money to gietner or acorn. i ve done well over the past 22 years coming from a dirt poor family.being poor i learned to NEVER depend on anyone and especially someone from the government. i didnt overspend and i built businesses and employed and employ people. my point is if you are going to get a government handout/ bailout i want strings attached. i have nothing against drugs other than i dont want my money buying someone elses drugs. so i would like to see drug testing for bailout/ handout recipients including the president and especially geitner. if you borrow money PERSONNALLY guarantee it like i have too. i have paid many peoples way and owe you nada.

Breaking news alert! The GOP has new ideas to fix the economy. Tax breaks for the wealthy and blocking spending so long as the democrats are in charge. 19 more republican senate seats on the ballot in 2010.
I was thinking the same thing. Just free the budget as long as the domocrats are in charge. This Republicans are very evil. They hate American people. If you ain’t white and rich then you are not in! WHITE OLD MEN AT THEIR BEST!

Posted by: CC
Thanks, I just get really tired of the lies passed off as truth by some people, I guess the more something is repeated the more people think it is true even if it isn’t.
George Bush spent a lot of money it is true but he was NOT a fiscal conservative and a hell of a lot of his spending went toward social programs like education (he spent the most on education since Johnson) and medicare (the prescription drug plans) and to the poor through his tax cuts. So this MYTH that all of the money he spent went to the rich really is a lie.

TommyTwoTimes posted “I mean, come on……running around complaining about the Obama’s gift to the Queen, crying about how much the girl’s new swing set cost…” Yep. Also in the article it sounds like the GOP is more interested in positioning themselves for the next election than actually helping out to fix our problems. I really can’t stand the partisanship of both parties. This country needs fixing and it is their job to pitch in and help, not sit back and hope the other party fails.

Who cares? This should not even be news.
Note to McCain: I know you are old and slow, but you lost the election. Get over it.

Spending less money? The Dems want to spend as much as possible so everyone can be poor. Obamas budget if that is the correct word will ruin the dollar, depress jobs because of raisin corporate taxes and general cost the consumers a ton more of money. What a disaster.

What the Republicans say or do now doesn’t really matter, because the federal government is under total Democratic control. Therefore everything that happens is to their credit or blame. On Friday, I hope all of the newly unemployed people — which will number in the hundreds of thousands — will take some comfort in the fact that our President is listening to show tunes with the Queen of England. You have him to thank for your situation. He promised 4 million new jobs. He’s already negative 1.5 million.

The reason McCain is a little late getting this plan formulated with the other Republicans, is because he still thinks the economy is wonderful, he said so during the campaign. When you play Left Back instead of Quarterback, you will always be behind in your judgemant. The others he is working with, are still recovering from the shock of their failed policies they were in control of so long, before the axe fell, and they woke up, somewhat, to reality. Then they whined, then they blamed someone else, then they cried after the election, then they still held to their failed balogna, then they took shots at Obama, and would not cooperated with his ideas, and now, all of a sudden someone figured out that none of that was making any sense to the public, DA. I am anxious to see their belated bull, and see if it is anything other than the same old, conservative constipation they have practised for too long.

Posted by: NoMoreMr.NiceGuy | Apr 1, 2009 9:33:45 PM
Bush never paid for the “No child left behind program”… He forced the state’s to pay for it through higher local taxes… So much for education. Bush also refused to sign the bill that would allow for medical coverage to the poorest of all American children – so much for healthcare for the little ones. Though he did get Medicaid to cover prescriptions on the backs of taxpayers…
And regarding your tax rates analysis – having a poor person who makes $10K or less pay federal taxes is stupid… Having a hedgefund manager who averaged around $180M a year in salary two years ago pay a max. tax rate of 34% but most likely used off shore accounts to avoid paying even that much if any at all AND compare that person to a family earning $60K a year is also silly… Something akin to voodoo economic that Republicans are famous for… Also, keeping both WARS out of the national annual budget and using Congress to increase those ‘line items’ separately -and off the books so to write – was Bush’s FRAUD on the American people!!!!
As was Bush’s ordering Frannie/Freddie and the banking industry to lower their mortgage loans standards in 2002 so more people with bad credit and no money for downpayment could get loans. These are the very loans wrapped up as Mortgage Back Securities that are now deemed toxic and bought down the banking industry and AIG because AIG insured those very same toxic (aka subprime mortgages) assets in the first place and called it credit-swaps.

WHITE OLD MEN AT THEIR BES! ALL THEIR GREED HAVE DESTROYED THIS COUNTRY. YES, ALL THE CEO ARE WHITE MEN AND NOW THEY WANT TO HELP OUT THE BLACK PRESIDENT! NOT!

melanie…bush lost your guy won. this mess is on your mans lap, he chose to take it …he is now responsible. the 48% who didnt vote for him are merely just giving him the same welcome as you, sean penn, susan sarrrandon, the dixie chicks and the rest of the left gave to the last president. ITS SOO MUCH MUCH EASIER TO BE IN THE MINORITY PARTY >>ISNT IT?

WOW he is coming up in this world ,we are in trouble??????He didn’t have a clue when running for President and he still has NO CLUE
I sure hope he is not running again for anything……Pain in the rear…..Sick of his silly face ..

rightbehind said “… The same garbage that has almost destroyed this Great Nation. Tax Breaks for the wealthy and reduced spending …” Stop spewing this myth. The Bush tax cuts were for EVERYONE, not just the wealthy.

sinical – the word is “defense”, not “defence”.

matt – The Bush tax cuts DID work. The current recession has nothing to do with the Bush tax cuts. The Bush tax cuts allowed my family to become a one-income household when I got laid off at the end of 2001. When I saw what was happening during the Presidential campaign, I got a job – thank goodness I did – because we already are barely making it with 2 incomes.

Once again these Republicans insist on giving America’s most wealthy permanent tax cuts. HA HA HA. Are they nuts? Seriously, are they freaking nuts?

McCain is a hypocrite. The Republicans are so concerned about spending and they got us into the unnecessary Iraq war. That fiasco is going to cost us over a trillion dollars and thousands of lives.

Strange how Americans saw no problem in spending 11 Trillion dollars in 8 years with nothing to show for it but debt. Now McCain said he knew nothing about Economic but would select a VP who did. Now he has a plan on a Budget that he knows nothing about Econmics. Well Hank Paulson had no knowledge of Economics and became US Treasury Secretary. We see how well he did so McCain could most likely do the same and put us deeper in debt. The Republican Economic Plan is the same as George W. Bush. If Americans choose to follow the Republican Budget the US will have 2 per cent rich and 98 per cent poor with no Middle Class. Isn’t that the reason the United States was founded in the first place?

If the Bush tax cuts worked so well, we would be swimming in prosperity.

who would ever trust a republican with anything? They WANT Obama to fail They WANT the economy to fail. ANd from the looks of “Morethe same” i’d say either that is exactly what they’re working toward, or they’re the stupidiest humans on the planet. Yeah yeah, just let those tax credits a little while longer!!! 8years wasn’t long enough!!! We have just had 6 of the largest major banks and their insurer nearly go under, sucking with them the entire economy and world economy, and this guy is talkingabout tax breaks for the rich. A one pony show. Either way, enough of ‘reaching across the isle” the guys on the other are traitors and not trust worthy with our economy, they will sabotage it, and even IF they want to help, uhhh, look where their “ideas” get you! ahhh, no thanks “the fundamentals of the economy are sound” johnny boy. Ever learn what a derivative is yet?

I dont trust republicans anymore. IT’s a chilling thing to hear them say they hope Obama fails. I know what they’re saying – If the economy does fall into a Depression, they will get power back. I get it. I think we all do. How do you trust these people with even the slightest bit of power or influence? They want a DEpression and make no bones that is what they will actively work towards. Obama needs to write them off. Dont trust them. They will sabotage anything you try to do to help this country.

Did he suspend his senate duties until this was done…
Wasn’t he the one that stated back in Oct. that the “Fundamentals of the Economy are sound” ?
Is he trying to run for POTUS again?
EWWWW, that means we have to see and hear from Wailin Palin again…. I am hibernating…

The election is over..

It doesn’t matter who the author is, any Republican budget has three components: Tax reductions for the weathiest among us, control spending for the poorest among us, and never do a thing about our energy future, our out of date educational system or our out of control “healthcare” system which even the Chamber of Commerce agrees needs changing.

McCain: Thanks but no thanks. Go away. You had your chance to be a leader and you failed your country miserably. You enabled Bush and Cheney for eight years. You paved the way for Gonzales, Wolfowitz and all the others. good bye.

NoMoreMr.NiceGuy—When did any Republican say that they hope Obama fails
I’m so sorry, must have been a serious accident. Head injury? How long were you in the coma?

Do you konw why they are having “capitalism” riots i n London instead of “antiAmerican” riots?? Did you notice that???? NO AntiAmerican riots a world meeting. Did you not notice???? The FIRST time in 7 years that a meeting of the world leaders did not result in HUGE ANTIAMERICAN marches! No longer are we the Devil Spawn to the world. No thanks, McCain. Dont trust a word Mr. “The Fundamentals of the economy are sound” says. I like it right where we are, t hank you. WE almost had 6 of the biggest largest banks fail along with their insurance company. The economic free fall has stopped. Obama did that. I trust him to start it up again, thank you very much. You were so stupid you didn’t even know we were in free fall.
Posted by: are u kidding me
look we are capitalists were america its what made her great HAVE YOU TURNED SOCIALIST ALREADY?

Obama wrote the book on dirty politics (the only book he actually did write) so I guess that would pretty much make him an expert and the rules were bent quite nicely in favor of Obama in Mich. not Hillary. When the ACORN convictions start to make news and some brave investigator starts to put two and two together we’ll see just what comes out in the wash.

Posted by: abaloneca1
Rush Limbaugh said ‘if his version of success is turning America into a socialist society, I want him to fail! Why would I want socialism to succeed?!?” Notice the word IF and the speaker of the quote Rush Limbaugh, not an American senator to my knowledge.

I tell you what. The Republicans shouldn’t be allowed near anything resembling a budget. Since the beginning of Reagans term, they have put in place the tools that have allowed the the largest theft of wealth in the history of this nation. Now they want more. And especially from McCain. While our President tries to save American corporations, and close the loopholes that have allowed this to happen, the idiot who has done more as a United States Senator to help American business move off shore, or to be taken over by foreign ownership, want’s Americans to adopt his budget. Give me a break. McCain who has put millions of acres of his own state in the hands of foreign ownership (Rio Tinto), backed the sale of American icon Budweiser to foreigners, almost succeeded in turning over a large part of American defense to the French, (Airbus), then had the audacity to run for President and probably would have been successful had it not been for Barack Obama; he’s really got to be joking to think any one with sense and knows the facts would back anything he would propose.

1. The Bush tax cuts benefitted, as no more mr. nice guy posted, the lower class and middle class more, in percentage of income saved. Dollar wise, the wealthy will always benefit more from tax cuts – that’s basic math.
2. Someone said “Fannie and Freddie did not originate the mortgages, they were in the PRIVATE sector.” Couple problems with that statement; first, Fannie and Freddie were private companies chartered by the government. You’re right – Fannie and Freddie didn’t originate the mortgages, but they bought them, tranched them, and sold them to Wall St as AAA rated securities insured by AIG. AIG insured them because they were tranched by Fannie and Freddie, which held nearly 50% of the mortgages in the US.
3. Nearly 50% of American did not vote for Obama. They voted for either Republicans or Independents or refused t vote. Therefore, if those people did not vote for Democrats, then the non-democrats in Congress represent 50% of the population. The numbers are probably off, however, the point remains: to say that repblican and independent views (ie bashing Lieberman) don’t matter is to disenfranchise half of the nation.
4. There are a few things you never do in a recession: increase spending, raise taxes, and meddle with the natural forces of the market. Recessions are natural – they are very much Darwin in nature; the good companies stick around, the bad companies are bought up or outright fail. The difference with this is the interconnectedness of everything; Wall St. bought the securities of bad mortgages from Fannie and Freddie (mostly countrywide and now defunct brokers), AIG insured them, and when those assets turned bad, everything went to hell. Throw in Mark to Market, which penalizes balances sheets for unrealized losses (meaning: the losses haven’t actually happened), and the financials are destroyed, the credit markets freeze, and big companies like GM, states, and municipalities can’t operate because of high costs and lack of financing; no one buys bonds, because they’re junk, there’s no good commercial paper (which insurance companies live off of), and so on and so on.
The point of the previous point (3) is that while som socialistic steps needed to be taken to help the needs of company’s short term financing, the root problems (mark to market, mortgage laws, not reseting ARMS to 30 or 40 year fixed loans) aren’t even being discussed. Instead, the democrats are using the poor economy to shove through a very expensive budget that is essentially a 6 year old’s Christmas list of Liberal wants from the last 20 years.
I’m not a Republican – I’m a conservative who is dismayed at the total and utter refusal to educate oneselves in this country. I see it on all the boards – nothing but partisanship and bile towards those with different views. The majority of you only regurgitate everything you hear on CNN and the New York Times.

I forgot one other thing:
People bring up the trillions Bush spent over 8 years. At this rate, Obama will spend that in one year.
What’s that you say? He has to in order to fix the “failed Bush policies?” Ohh, I see…you mean the policies that he’s continuing and expanding on? You mean the strategy that he condemned for Iraq and is using for Afghanistan? You mean the fact that the bailout plan was expanded with no accountability, much like Bush and Paulson’s? You mean the fact that he set a terrible precedent by strong arming a company the government gave LOANS to (with no ownership stake in the company, mind you, so technically, no right whatsoever as they own NONE of the company) to remove a CEO? Yup, he’s doing a bang up job.
What, may I ask, is Obama spending trillions on that will actually stimulate the economy immediately? I’m not talking about anything with bank bailouts or anything of that nature, I’m talking about what from the 800 billion + spent will directly stimulate the economy in a way that we will see in the short term?
I’m guessing the responses will be like Gibbs – “you can read that in the newspaper.”

WallStPeon,
That’s the problem with the thinking in this country. Everyone, apparently including you, think in the short term.
The problem is, you fail to build a foundation for long term success like Obama is doing by investing in vital national resources like education and alternative energy.
If you fail to invest in long term strategies, when we reach the end of short term strategies, our economy takes quite a hit.
Evidently these short term strategies aren’t a great idea because they are not sustainable.
Like Obama said, we can’t keep going boom and bust, boom and bust.
This country has got to stop living in a culture where we expect instant gratification.

I heard Rep Ryan presenting the alternative this morning. Sounds like a sane solution to the Dem hogwild spending. The Dems seem like children wanting toys and candy and the Repubs are the only adults in the room.

The problem is that if you dont give the execs tax breaks and huge incentives to take away jobs to overseas cheap labor then they will simply run there companies into the ground giving themselves huge bonuses so they can stay rich and then cry that they need to get the taxpayers that accually work for there money to give them money or they will have to lay off thousands to make up the difference that they put there companies in the hole to make themselves rich in the first place and that not to mention all the money they spent buying our congressmen in order to allow them to do all this in the first place. After they get the blank check from the tay payers that the congressmen that they own give them they lay off the workers anyways to shore up there profit margin and then use the money to run other companies into the ground so they can buy them up for penneys and then give themselves more huge bonuses from your tax money. get rid of all the representitives in office and stop purchacing anyhing from companies that take your money and move overseas to work where the govrnment and take your hard earned money and give it to these criminals anymore. By the way 90% of the government big buisness wellfare ripoffs of the taxpayer dollars has been thought up by republicans.

Matt – There is no need to get personal.
The Bush tax cuts worked for individuals. My family had more money to spend – and we are definitely NOT rich. We currently don’t come close to Obama’s arbitrary cutoff of what he considers rich.

abaloneca1 – You only listen to liberal sound bites, don’t you? Otherwise you would know that what you are attributing to all Republicans was never said. First, you have to know that I think Rush Limbaugh is an idiot. However, what he actually said was that he hoped that Obama failed at passing his policies, which he CLARIFIED to mean anything that would take us deeper into Socialism. As someone who straddles conservatism/libertarianism, while I want to see the country prosper, I do not want any growth in government – I’d prefer to see LESS government interference into my life. There is no way some bureaucrat knows what is better for me than I do myself. (And the only reason Rush Limbaugh has been declared the face of the Republican party is because the liberal media has declared it so – if you talked to most conservative, you would find that they would not agree with that).

Topher said”Oh yeah McCain, no investment in Education, Healthcare and Alternative Energy. ” It’s not the Federal government’s job to invest in these things. Education should be left to local control, healthcare left to the individual (scrap Medicare & Medicaid and all insurance companies) & alternative energy left to the private sector & the consumer.

Ha, Ha, Ha,,,Republican Budget???more tax cuts for the wealthiest, more subsides for the oil and gas industries…on top of the Bush tax cuts!!! Basically undoing the Recovery Plan…
OMGosh, this is laughable…we don’t really need medicare and medicaid anyway right???
Hey GOP, how is this not more of the same Cheney/Bush tactics…???
Seriously…
And Ryan, speaking about using fear as a tool to move the American people, that was too funny cuz that has to be a trademark of the GOP.
Just freakin Hilarious, I love it.
Great stuff guys, keep it up, all they way to through the 2010 and 2012 elections…Please, keep it going…
They are not called the Grand Obstructionist Party for not.
Still no new or better ideas, just more of the same old stuff…
lovin it

Ha, Ha, Ha,,,Republican Budget???more tax cuts for the wealthiest, more subsides for the oil and gas industries…on top of the Bush tax cuts!!! Basically undoing the Recovery Plan…
Posted by: theafalcon200
—————————————
Only the left would consider bankrupting American a recovery plan. The Dem party should be renamed the BAM (Bankrputing of America) party.

Guess we could have already figured that the GOP would want to make the Bush tax cuts permanent. They would want to do this in a time where hundreds of thousands of Americans are losing their jobs? What are the rich or small business doing to employ Americans today?

I guess he can’t stand behind a GOP sinking ship. Problem is McCain advisers also promoted deregulation and now promotes it along with privatizing Medicare. There type of health care reform is to get rid of it and let it run out of control. It helps “their kind” to make profits.
So sad some people don’t see it.

McCain also backed the Bush/Rove fix for health care, tax the money people pay for health insurance. The taxpayers and insured people are already packing the load with higher premiums. I never saw the logic there!

Of course McCain wants the Bush tax cuts permanent, he’s rich and benefits from it! He is the party of the have mores who Bush called his base. Now they are worried about deficits??? Under Bush they borrowed and spent like drunken sailors, Cheney said “deficits don’t matter” hahahahah
“spend $229 billion less than President Obama’s budget over five years, primarily by freezing all discretionary spending with the exception of defense and veterans’ services.”__So no increase to Social Security for the elderly, healthcare, education or food programs? Republicans are all for the war machine (defense contractors their biggest donors) but nothing for the average person. Take a good look at the Republican “plan” all full of tax cuts from eliminating estate taxes to lowering capital gains for rich. Again McCain and his ilk personally benefit from this.
Then they want to tax everyone making less than 100k 10%. Here’s news for you that will tax some people, the working poor, who now aren’t taxed because they can least afford it. The ones making over 100k will actually get a cut as now they’ll only pay 25% but even then if there’s no allowance for deductions may pay more depending how much over 100k they make…the more you make if you were in the 35% bracket under the Republicans will pay A LOT less while the middle class pays A LOT more.
Their “plan” for healthcare is here’s a voucher good luck. Those vouchers are to used at private insurance companies who will also get rich off of the poor and middle class. Try giving those vouchers to those in Congress, military and government employees and see how that goes over.
Thank you Repigs this is why average Joe Blow Americans cannot be fooled by your lies anymore. Many were once rich are now humbled. Those that put money ahead of all else and have it will vote Repig but since that’s only 5% of the population as long as most of the rest see you for what you are…greedy, corrupt, and only for rich Americans as opposed to all Americans you’ll remain the minority and hopefully someday die out.

Besides, there’s no chance this budget will be implemented, so the GOP can take creative and political license to propose what they want, and with the evidence they want. In at least one instance, the party’s comparative projections approach the fantastical. The best example of that is one graph included in both the alternative budget and a Wall Street Journal op-ed penned by Ryan. Either Ryan and his staffers have achieved omniscience or they’re getting just a little too creative, as the graph projects spending under Obama’s proposal out until the year 2060 or so, allowing the GOP to draw a graph that shows a much greater discrepancy between the two proposals than what actually exists.
A number of the plan’s strategies also raise questions in themselves. It’s not clear how much the GOP’s proposal for a “simplified” tax code that will take only 25 percent, as opposed to 35 percent, of any income higher than $100,000 ($50,000 for single filers) would impact government revenue….So does anyone but me..think this republican budget..which cuts revenue to the government…Quadruples the National Debt???? republican math anyone???