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Obama the Unqualified, damned by his own words

theaceofclubz says...

Such a compelling argument. LOL - Look out for the Obama, he's a socialist. Oh, McCain's plan to buy all the bad mortgages in the US, thats ummm ummm, its capitalist somehow...Also, the figures on what the top 10 pay ... the top 10 also controls 70% of the wealth. Where exactly are we supposed to get revenue from?

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theaceofclubz says...

Like all of the good things in life, a law of diminishing returns applies. Too much of a good thing is eventually bad. The first article you cited stated "an increase in federal tax rates does not necessarily mean an increase in federal tax revenues. As a matter of fact, history reveals just the opposite is true." Sorry to break it to you, but this is a fucking lie.

The Bush tax cuts were supposed to increase jobs, increase the wages of the middle class, and increase revenues of the government. FAIL FAIL FAIL. We have had a net loss of jobs in the US, purchasing power of the middle class has only risen negligibly and government revenues fell. How McCain is running on a platform that primarily benefits the rich astounds me.

The richest 1% pays 30% of the taxes? Oh boo-fucking-who! The top 1% controls 38% of the wealth. Where else are we supposed to get the money.
http://www.factcheck.org/taxes/supply-side_spin.html
http://en.wikipedia.org/wiki/Distribution_of_wealth#In_the_United_States
http://www.rollingstone.com/politics/story/12699486/paul_krugman_on_the_great_wealth_transfer/6
http://www.commondreams.org/headlines04/0219-09.htm

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theaceofclubz says...

These execs. can do whatever they like with their money but once they managed their companies so piss poorly that my taxpayer money had to be spent to bail them out they gave that right. Ideally I'd like to see whoever signed off on this going to prison for a couple years, an example for the rest of the execs we had to bail out.

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theaceofclubz says...

Thank you for promoting Palin's Apocalypse for me.
I have a strident republican friend who happens to be an atheist and has been so shaken by Palin's nomination that he is now probably going to vote Dem. on the presidential ticket. For all her gaffes and mishaps, I definitely feel that the base core of what scares me to death about her is how her fundamentalist views might shape the way she views middle Eastern politics.



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