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Thread: Obama announces his Candidacy for 2012.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Conservative View Post
    One thing for sure you will never be called an economic genius let alone a credible poster who ignores anything that contradicts your point of view. Like all liberals you place blame but never accept responsibility. What economic policy did GW Bush implement that caused the financial crisis? Did he implement the Community Reinvestment Act? Did he weaken oversight in 1993? Did he sign the repeal of Glass Steagall in 2000? So I await another brilliant response from my friend from the bankrupt state of California
    I rest my case....more deflection....more denials......thank you for proving my point.....LOL....
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: Obama announces his Candidacy for 2012.

    Moderator's Warning:
    Obama announces his Candidacy for 2012.Guys, the name calling and personal comments need to end, and end now.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Jetboogieman View Post
    You know its funny, I have never, ever heard Obama say the words since he's been president that it's Bushs fault, can someone please link that to me. Cheers.
    You gotta be ****ing kidding! When Obama said he, "inherited this mess", who the hell do you think he was referring to? Grow up!

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    Re: Obama announces his Candidacy for 2012.

    you know what's odd?

    obama LAUNCHED his reelection campaign ON THE SAME DAY his administration declared it would leave GITMO exactly as it is and try KSM in a TRIBUNAL there

    LOL!

    what else has been going on recently, simultaneous with barack hussein's fine foray?

    bernanke was forced to disclose via FREEDOM OF INFORMATION requests which he successfully STONEWALLED for two years that multi TRILLIONS of TARP went to FOREIGN entities

    the dhs INSPECTOR GENERAL reported that the dept's POLITICAL SCREENING of foia app's was UNPRECEDENTED and WRONG

    barack hussein was awared a TRANSPARENCY award in the white house and the PRESS AND PUBLIC WERE EXCLUDED

    his BUDGET TALKS with the opposition are in COLLAPSE

    his budget PROPOSAL is all PUNT

    in stark contrast to the gop budget chair's BOLD bid

    and don't forget, it was only a few months ago he SURRENDERED just days before they were set to expire the BUSH TAX CUTS

    FOR THE RICH!

    his TIMING could hardly be more EXQUISITE, you must admit

    good luck in your campaign against FORUMS MEMBERS

    and HERBERT HOOVER

    i mean that

    LOL!

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by The Barbarian View Post
    First off what Bush “may or may not” have wanted to do, has nothing to do with what he was able to do.
    Agreed.
    Next when you say the CRA has nothing to do with the financial crisis you are stretching the truth, *The CRA is enforced by four federal government bureaucracies: the Fed, the Comptroller of the Currency, the Office of Thrift Supervision, and the Federal Deposit Insurance Corporation. The law is set up so that any bank merger, branch expansion, or new branch creation can be postponed or prohibited by any of these four bureaucracies if a CRA "protest" is issued by a "community group”

    Such groups include Neighborhood Assistance Corporation of America. Who boosted to the*New York Times*that they had "won" loan commitments totaling $3.8*billion*from Bank of America, First Union Corporation, and the Fleet Financial Group. And that is just one "community group" operating in one city — Boston.

    Other groups like ACORN"community groups" understand this perfectly well. It is their leverage. They use this leverage to get the banks to give*them*millions of dollars as well as promising to make a certain amount of bad loans in their communities.

    Now maybe in your liberal thinking, this isn't forcing a bank to make questionable loans, but when you can halt a banks expansion plans simply by forming a protest, if you don't agree to make these very same questionable loans, it can be considered "forcing" in the minds of those that think reasonably.
    The CRA most certainly can have some of the blame put upon them, for some of the lending practices that the banks adopted to keep any community group from protesting them.
    I see, according to you, banks did anything the community groups wanted them to do. That thinking is a divorce from reality, seriously you think the actions of low income people are going to change the policies of the powerful banking industry?

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by The Prof View Post
    f & f have proved hugely successful?

    LOL!

    have fun running on that

    you can quote mr kemp, may he rip
    It's interesting when so-called Conservatives can't even identify what Jack Kemp believed in. Talk about a short memory.

    The point was Obama was not the only friend Fannie and Freddie had. They had plenty on the right, also. Luckily for the GOP, the American public's memory is as short as theirs. Those who can't remember history....

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    Re: Obama announces his Candidacy for 2012.

    short memory?

    LOL!

    i remember jack kemp when he was the championship qb of the 64 and 65 bills

    heck, i remember when sid gillman tried to sneak him thru waivers cuzza the broken right middle finger dole's veep candidate had to have fused in the permanent position of holding a ball

    short memory---LOL!

    anyway, good luck running on kemp's mantra that the flat, failed f's are a...

    what was it again?

    oh, yeah---proven success

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Sheik Yerbuti View Post
    It's true, I'm not in the top bracket, but based on your belief that Obama's plan was to increase [tax on] dividend income to 40% or so leads me to believe a) you're not either; b) you don't know as much as you purport; and c) you fall easily for rightwing talking points.

    Tax Policy Center

    B. SENATOR OBAMA’S PLAN

    Partial extension of the 2001 and 2003 tax cuts. Senator Obama has called for extending the tax cuts affecting the middle class while eliminating those benefitting the wealthiest Americans. According to the campaign, Obama would extend the child credit expansions; the changes to marriage bonuses and penalties; and the 10, 15, 25, and 28 percent income tax rates, as well as the lower tax rates on capital gains and qualified dividends for taxpayers in those four tax brackets. He would restore the 36 and 39.6 percent rates and increase the rate on capital gains and dividends for taxpayers in those brackets. To match the campaign’s stated revenue targets, we assumed a rate of 25 percent for capital gains and qualified dividends. 3 Obama would also restore the phaseouts of personal exemptions and itemized deductions, but set the income threshold at $250,000 for married couples filing jointly. As under current law, the thresholds for the phaseout of personal exemptions would be lower for singles and heads of households, but those for the phaseout of itemized deductions would not vary with filing status. The thresholds would be indexed for inflation as they are under current law. Senator Obama would also extend several smaller expiring tax cuts, including the adoption credit and the simplifications to the earned income tax credit. Certain other provisions would be modified, as described below.

    _____________________
    3 Under current law, the top tax rate on capital gains would increase from 15 percent to 20 percent in 2011 and qualified dividends would face ordinary income tax rates as high as 39.6 percent. Obama’s plan would thus increase the maximum tax rate on gains from 20 percent to 25 percent and reduce that on qualified dividends from 39.6 percent to 25 percent.
    this was when? the dem plan which he supported (before electoral reality bitch slapped him in the face on November, 2010) was treating dividends the same as other income(even though it is often taxed twice) btw still a massive hike



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    Re: Obama announces his Candidacy for 2012.

    Capital Gain and Dividend Tax Rates Poised to Rise

    But the real change will be the increase in taxes paid on dividends. The maximum tax rate on dividends will head up to 39.6%. Even those in the lower tax brackets will pay 15% or 28% on dividends. For those folks, the change from 0% will be a pretty hard hit on real returns.



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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by The Prof View Post
    short memory?

    anyway, good luck running on kemp's mantra that the flat, failed f's are a...

    what was it again?

    oh, yeah---proven success
    Kemp supported them. So have many on the right, some of whom are still in Congress. Obama did not come up with them, nor was he their only supporter.

    Or just keep pretending that Republicans are absolutely perfect in every way.

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