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Obamas controversial tape

  • Says he wants to redistribute wealth. His words not mine.

    http://m.youtube.com/watch?v=ge3aGJfDSg4

    Also I'm not sure if it's mentioned here but the AAA credit rating Obama inherited has been dropped to AA-. It's the third time it's dropped under him.

    http://www.cnbc.com/id/49037337

    Ratings firm Egan-Jones cut its credit rating on the U.S. government to "AA-" from "AA," citing its opinion that quantitative easing from the Federal Reserve would hurt the U.S. economy and the country's credit quality.

    "People always ask me if I wish I were bigger. I tell them no. I always wanted to be a miniature badass." Dustin Pedroia

    El Guapo

  • Steal from the rich, give to the poor

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    Status

  • He's really done well on that redistribution front.

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    "A political call, the fall guy accord...We can't afford to be neutral on a moving train..."

    BamaLivesFootba

  • BamaLivesFootba said...

    He's really done well on that redistribution front.

    Would you say the two links coincide? Is Obama's progress with redistribution and his political agenda a direct link with the United States' credit rating?

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    Fides Quaerens Intellectum

    Seeking4Truth ●

  • Seeking4Truth said...

    Would you say the two links coincide? Is Obama's progress with redistribution and his political agenda a direct link with the United States' credit rating?

    You do know wealth inequality has grown right?

    signature image signature image signature image

    "A political call, the fall guy accord...We can't afford to be neutral on a moving train..."

    BamaLivesFootba

  • BamaLivesFootba said...

    You do know wealth inequality has grown right?

    I'm asking you because you seem to know the subject at hand quite well. Honestly, I don't have the time to trace the "facts", because I don't believe the "facts" are presented in a fair manner.

    Which is why I asked you for your opinion.

    signature image signature image signature image

    Fides Quaerens Intellectum

    Seeking4Truth ●

  • Seeking4Truth said...

    I'm asking you because you seem to know the subject at hand quite well. Honestly, I don't have the time to trace the "facts", because I don't believe the "facts" are presented in a fair manner.

    Which is why I asked you for your opinion.

    Well since you asked: I think extreme wealth inequality has exacerbated our economic recovery and in turn exacerbates the debt. So you could say they are linked, but not in the manner in which the OP is implying.

    signature image signature image signature image

    "A political call, the fall guy accord...We can't afford to be neutral on a moving train..."

    BamaLivesFootba

  • Question for you BLF...Why did Obama choose 250K as his cut off as his target to go after the "wealthy"? If he'd just made it a million a year the debate would have been totally unwinable for the R's. 250K is a lot of money, but many middle class famalies strive to obtain an income level like that. They don't want to think about if they get promoted a couple times getting the crap taxed out of them.

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    Sir Mix A Lot

  • FL Buckeye said...

    Question for you BLF...Why did Obama choose 250K as his cut off as his target to go after the "wealthy"? If he'd just made it a million a year the debate would have been totally unwinable for the R's. 250K is a lot of money, but many middle class famalies strive to obtain an income level like that. They don't want to think about if they get promoted a couple times getting the crap taxed out of them.

    No idea, but IMO 4.9% isn't "getting the crap taxed out of them".

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    "A political call, the fall guy accord...We can't afford to be neutral on a moving train..."

    BamaLivesFootba

  • BamaLivesFootba said...

    No idea, but IMO 4.9% isn't "getting the crap taxed out of them".

    If I remember correctly you're still in school. When you get out and start making some real money you'll have a better understanding of how high taxes already are. My wife and I both claim zero deductions, and at the end of the year still have to write a large check to the treasury-and we're nowhere near wealthy. Giving away 5% of your income is a lot of money. Keep in mind that they receive the same or in many cases less services from the government, they just pay much more for them.

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    Sir Mix A Lot

  • FL Buckeye said...

    If I remember correctly you're still in school. When you get out and start making some real money you'll have a better understanding of how high taxes already are. My wife and I both claim zero deductions, and at the end of the year still have to write a large check to the treasury-and we're nowhere near wealthy. Giving away 5% of your income is a lot of money. Keep in mind that they receive the same or in many cases less services from the government, they just pay much more for them.

    Gotcha. I'm just a student and I don't understand.

    signature image signature image signature image

    "A political call, the fall guy accord...We can't afford to be neutral on a moving train..."

    BamaLivesFootba

  • BamaLivesFootba said...

    Gotcha. I'm just a student and I don't understand.

    It will be interesting to see how your viewpoints and overall knowledge of the economy will change once you get out in the real world.

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    Clemson

  • Considering I independently arrived at my beliefs in a conservative state at conservative schools with conservative friends and families, I doubt I will.

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    "A political call, the fall guy accord...We can't afford to be neutral on a moving train..."

    BamaLivesFootba

  • BamaLivesFootba said...

    You do know wealth inequality has grown right?

    It basically can't shrink

    HNB

  • A distribution of wealth is a good thing to a certain point.

    I have no problem with the rich getting rich, but everyone needing to be paying taxes is part of the problem.

    My household income would be part of Obama's increased taxes and that's not my issue. I live very comfortably, but with 2 kids it's not like I'm sailing on the yacht to the Dominican each summer either.

    If big business and the people that make millions were actually forced to pay their taxes, we wouldn't have near the problem. There are too many tax shelters that are not investigated and too many foreign banks involved. The same people that complain about immigrants taking their money back home are some of the people paying lower rates and circumventing the system.

    It is in our best interest to allow the lower and middle class to have as much disposable income as possible. They will actually spend the money. The wealthy save and/or hide the excess money at a much higher rate.

    BetterOff

  • BetterOff said...

    A distribution of wealth is a good thing to a certain point.

    I have no problem with the rich getting rich, but everyone needing to be paying taxes is part of the problem.

    My household income would be part of Obama's increased taxes and that's not my issue. I live very comfortably, but with 2 kids it's not like I'm sailing on the yacht to the Dominican each summer either.

    If big business and the people that make millions were actually forced to pay their taxes, we wouldn't have near the problem. There are too many tax shelters that are not investigated and too many foreign banks involved. The same people that complain about immigrants taking their money back home are some of the people paying lower rates and circumventing the system.

    It is in our best interest to allow the lower and middle class to have as much disposable income as possible. They will actually spend the money. The wealthy save and/or hide the excess money at a much higher rate.

    So when you go to the Occupy rallies, you're kind of protesting against yourself? Ironic don't ya think.

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    Sir Mix A Lot

  • FL Buckeye said...

    So when you go to the Occupy rallies, you're kind of protesting against yourself? Ironic don't ya think.

    I would never go to one of those. I am for people being wealthy. It's just that too many of those people have the resources to find and abuse loopholes and end up actually not paying the taxes they should.

    BetterOff

  • bhiley77 said...

    Everybody rebels in college. Most people drift to the right to some degree afterwords.

    I have been this way since Middle School.

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    "A political call, the fall guy accord...We can't afford to be neutral on a moving train..."

    BamaLivesFootba

  • BetterOff said...

    A distribution of wealth is a good thing to a certain point.

    I have no problem with the rich getting rich, but everyone needing to be paying taxes is part of the problem.

    My household income would be part of Obama's increased taxes and that's not my issue. I live very comfortably, but with 2 kids it's not like I'm sailing on the yacht to the Dominican each summer either.

    If big business and the people that make millions were actually forced to pay their taxes, we wouldn't have near the problem. There are too many tax shelters that are not investigated and too many foreign banks involved. The same people that complain about immigrants taking their money back home are some of the people paying lower rates and circumventing the system.

    It is in our best interest to allow the lower and middle class to have as much disposable income as possible. They will actually spend the money. The wealthy save and/or hide the excess money at a much higher rate.

    At the end of the day, I pity those who are hungry while hoarding all I possibly can. I don't want someone to be hungry, but I'm tired of seeing the huge deductions on all my checks.

    I used to flip houses and have rental property in addition to my job. My last 3 experiences with tenants living off the gov't was enough to make me really hate them (not everyone...those 3). It was simply amazing to me to hear the attitude. One in particular had not paid me in 4 months when I filed for eviction. I had to pay the county to serve her notice. She called me to tell me the toilets were stopped up (again) ~ (because he kids threw everything but their siblings down the toilets). It's an older remodeled house, but still on septic system. So she drives her truck all over the tank until it caved. Then calls her free lawyer (she gets that because she and all her kids are all somehow in need of representation for more money) and tries to get him to sue me for "not maintaining a sanitary property". Obviously, I told him to go fvk himself, and he more or less chuckled and dropped it. She thought it was my responsibility to unclog her toilets when I'd been an entire season without a dime.

    After I won the judgement, she still refused to leave and didn't pay me the judgement. The court said that, while her total income was over 4k/month, I couldn't garnish a penny of it since it was all from forms of welfare (i.e., disability, kids with disabilities, child support, etc.) Granted, the experience was extreme, but the level of entitlement for nothing existed in all 3 of the bad experiences. I will never rent to anyone getting any gov't money again. I don't care if I get arrested for it, I'm fvking discriminating against them.

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    TheT12

  • BetterOff said...

    I would never go to one of those. I am for people being wealthy. It's just that too many of those people have the resources to find and abuse loopholes and end up actually not paying the taxes they should.

    This^ +1

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    big john

  • BetterOff said...

    A distribution of wealth is a good thing to a certain point.

    I have no problem with the rich getting rich, but everyone needing to be paying taxes is part of the problem.

    My household income would be part of Obama's increased taxes and that's not my issue. I live very comfortably, but with 2 kids it's not like I'm sailing on the yacht to the Dominican each summer either.

    If big business and the people that make millions were actually forced to pay their taxes, we wouldn't have near the problem. There are too many tax shelters that are not investigated and too many foreign banks involved. The same people that complain about immigrants taking their money back home are some of the people paying lower rates and circumventing the system.

    It is in our best interest to allow the lower and middle class to have as much disposable income as possible. They will actually spend the money. The wealthy save and/or hide the excess money at a much higher rate.

    I complain about illegals taking my money. My former boss decided to hire nothing but illegals while I was there. Then it came time for someone to get a raise. He gave it to an illegal cuz he could speak to the workforce. Yet when the homeowner came out I had to talk to him. Pissed me off!

    lestat

  • TheT12 said...

    At the end of the day, I pity those who are hungry while hoarding all I possibly can. I don't want someone to be hungry, but I'm tired of seeing the huge deductions on all my checks.

    I used to flip houses and have rental property in addition to my job. My last 3 experiences with tenants living off the gov't was enough to make me really hate them (not everyone...those 3). It was simply amazing to me to hear the attitude. One in particular had not paid me in 4 months when I filed for eviction. I had to pay the county to serve her notice. She called me to tell me the toilets were stopped up (again) ~ (because he kids threw everything but their siblings down the toilets). It's an older remodeled house, but still on septic system. So she drives her truck all over the tank until it caved. Then calls her free lawyer (she gets that because she and all her kids are all somehow in need of representation for more money) and tries to get him to sue me for "not maintaining a sanitary property". Obviously, I told him to go fvk himself, and he more or less chuckled and dropped it. She thought it was my responsibility to unclog her toilets when I'd been an entire season without a dime.

    After I won the judgement, she still refused to leave and didn't pay me the judgement. The court said that, while her total income was over 4k/month, I couldn't garnish a penny of it since it was all from forms of welfare (i.e., disability, kids with disabilities, child support, etc.) Granted, the experience was extreme, but the level of entitlement for nothing existed in all 3 of the bad experiences. I will never rent to anyone getting any gov't money again. I don't care if I get arrested for it, I'm fvking discriminating against them.

    What state do you live in? In most states it is not illegal to decline section 8 renters.
    Here in PA the state sends said rent directly to you. I had two rental properties before selling them off, I rented once to a person on section 8 & had no problem getting my monthly rent but then again the commonwealth sent it directly to me. But they did tear the place up pretty bad in two years, needless to say they did not get their security deposit.

    signature image

    big john

  • BetterOff said...

    A distribution of wealth is a good thing to a certain point.

    I have no problem with the rich getting rich, but everyone needing to be paying taxes is part of the problem.

    My household income would be part of Obama's increased taxes and that's not my issue. I live very comfortably, but with 2 kids it's not like I'm sailing on the yacht to the Dominican each summer either.

    If big business and the people that make millions were actually forced to pay their taxes, we wouldn't have near the problem. There are too many tax shelters that are not investigated and too many foreign banks involved. The same people that complain about immigrants taking their money back home are some of the people paying lower rates and circumventing the system.

    It is in our best interest to allow the lower and middle class to have as much disposable income as possible. They will actually spend the money. The wealthy save and/or hide the excess money at a much higher rate.

    And closing those Tax loopholes will certainly close the deficit gap won't it? I mean it should close it A LOT right?

    Problem solved, Tax the wealthy more and close the loop holes and deficit is no mas

    MarylandDawg

  • TheKing said...

    And closing those Tax loopholes will certainly close the deficit gap won't it? I mean it should close it A LOT right?

    Problem solved, Tax the wealthy more and close the loop holes and deficit is no mas

    Not sure if serious.

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    Sir Mix A Lot

  • Didnt Obama once say that in times of fear Southerners cling to their guns and bible In a condescending manner? I not sure which guys statement is more alienating.

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    DrStache

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