Well, good for you. And all the facts do support my viewpoint, especially what I said about the liberal idol called FDR, as well as my Obama comments. Obama is just trying to follow in FDR's footsteps. Keynesian economics did not work in the 1930s and the 1940s, and it doesn't work today. Contrary to the way that the Liberals wrote the history books, FDR's action very likely kept us in the Great Depression much longer that we should have suffered through that mess.
Originally Posted by Alastor
The facts do support my claims about FDR tax rates. Those tax rates are common knowledge and can be found on a multitude of government and economic web sites. They are not my facts. They are the real facts.
The real fact is that the top 1% of wage earners pay almost 37% of all Federal income taxes. Is that not enough for you? Actually, that percentage has gone up because the top marginal rate just went up from 35% to 39.6%. Personally, I don't think that we can ever dig ourselves out of this mess without a substantial tax increase on everyone. The means that the 47% of taxpayers who pay no Federal income taxes will have to pony up, as well.
Originally Posted by Alastor
Obama really stands for only two things, and his actions have made that abundantly clear: Create class warfare and use it to divide the country. He has openly surrounded himself with Marxists, Communists and radicals throughout his lifetime. Read his books.
I am probably older than you and I have never seen any president piss away as many taxpayer dollars as we have seen with Obama. It is not just investments in failed solar companies, military hardware given to Egypt (who is not our friend or ally), or multitudes of vacations each of which cost taxpayers millions of dollars. And it wasn't George Bush's policies that got us here. You can blame Bush for the wars, but the real wild spending spree started with Pelosi and the Democrats--and went exponentially wild under Obama.
I do know for a fact is that thousands of businessmen quietly went to jail under Bush in the aftermath of Enron, which Bush had nothing to do with. All of the offenses were committed under the Clinton years, because Clinton--like Obama--doesn't want to appear to be too anti-business. I think most of us would agree that hundreds of Wall street types should be in jail right now. Instead, Obama threw billions of taxpayer money at the problem, a large part of which went into paying bonuses to the culprits and the Obama administration approved the bonuses.
I am a businessman who has run an international company and I do not know any business executive who thinks Obama understands anything about business. Do you understand that over 170,000 pages of new regulations have been created under Obama? The unelected regulators that Obama appointed are crippling business.
Here is a John Stossel report on this topic.
Regulations Keep Coming Under Obama
The current stock market growth is not necessarily a good thing, nor is it a sign of a good economy. People are putting money in the stock market because it is a better bet than the banks. The growth in the economy continues to be anemic at best. The real indicator of a healthy economy is job growth. The fake numbers that Obama's people keep putting out do not reflect the real problem, which is that more people are dropping out of the workforce and eliminated from the calculation almost every month than the number of people who actually find jobs. The real unemployment number is around 11% to 15%.
No one said that you are a lazy person because you voted for Obama. I just simply think you are misguided and misinformed, but you are entitled to your opinion. You will never hear about many of these issues on ABC, NBC, CBS, or especially MSNBC because they go to great lengths to censor any negative news about Obama.
I challenge you to name one good thing Obama has done for the country that did not simply focus on providing benefits for his constituents.
By the way, I previously saw the Nick Hanauer lecture on YouTube. Nick is a wealthy investor simply because he invested in Amazon in its early days. He is not an economist, or a businessman, and has no special qualifications. He has a degree in philosophy. He is simply espousing the Liberal viewpoint. Check out his Wikipedia page, and especially the comment, TED Curator Chris Anderson stated that he felt Hanauer's talk was "explicitly partisan" and included "a number of arguments that were unconvincing.
No offense intended, but you really do need to change the flavor of Kool-Aid that you drink.
Last edited by TopDogger; 18 March, 2013 at 01:47 AM.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote." -- Benjamin Franklin