Originally Posted by elgrenas
Originally Posted by Bastitch
Originally Posted by elgrenas
Originally Posted by nnarum
Originally Posted by elgrenas
Originally Posted by nnarum
I don't understand how she and Barney Frank got their jobs...
its called corruption to the max. im telling you third world countries here we come. the savior BARACK HUSSEIN OBAMA AND CRONIES to the destruction.
Although I don't like Obama, that is uncalled for. Why do you have to stoop to that level? Stop it.
what the hussein part. well get informed homie that is his full name.
Yeah, but we see what you did there.
what say the truth. sorry for that bastich. i know who you like. peace.
Mmmmmmmm, I could be reaching but I wanna stay optimistic. In a way this will make sense. The majority ofpeople across the US are middle-class citizens. Well, suppose they go out and spend it at a chain restaurant or a big corpration? Say Wal-Mart. Well, withObama's tax plan, those making over $200K annually will get a tax break, and those making over $250K annually will get a tax increase, right? Thus meaningthe larger corporations will be paying more taxes for more revenue they produce. And in creating a second economic stimulus plan, we'll be seeing moremoney come back from the big corporations ultimately making those companies pay back what the gov has given people ina stimulus check. I could be wrong,especially after not thinking it all the way thru and doing math, but idk. I'm not the smartest when it comes to the economy, but I'm sure somebodygets the feel of what I mean. If anybody can put it in simpler terms or explain it better, please do.
Way to go Democrats! NOT!Originally Posted by nnarum
[h2]http://www.cnn.com/2008/POLITICS/10/10/democrats.stimulus/http://www.cnn.com/2008/P...10/10/democrats.stimulus/http://www.cnn.com/2008/P...10/10/democrats.stimulus/
[/h2]
WASHINGTON (CNN) -- House Democratic leaders are putting together a second economic stimulus package that could cost as much as $150 billion, according to Democratic leadership aides.
House Speaker Nancy Pelosi has said the economic crisis may warrant a $150 billion stimulus package.
The aides said Democrats are likely to call Congress back shortly after the election to vote on the measure.
The details are still in flux, but one aide said the price tag would be "somewhat north of $100 billion" and would include "a heavy emphasis on help to state and local governments."
One way to help states would be to fund the mandatory state match for Medicaid programs so that states would not have to slash education and other programs to cover it.
Before Congress recessed last week for the election, the House of Representatives passed economic aid measures totaling $61 billion to fund infrastructure projects, money for states' Medicaid costs, and unemployment assistance.
But these bills failed to attract enough support in the Senate, and the White House opposed them.
"With all that happened in the past few weeks, it probably has to be more like ... $150 billion to invest in our economy, to create jobs, to help the states, to help men and women across the country," House Speaker Nancy Pelosi, D-California, said Wednesday while traveling in Denver, Colorado.
Pelosi and other House Democratic leaders are scheduled to meet Monday with a group of economists in Washington to discuss the size and components of a stimulus plan, the Democratic aides said.
These aides indicated that in addition to aid to states struggling with their budgets, the package could include things similar to what the House passed before, such as infrastructure money, an extension of unemployment benefits, food stamps and more money for low-income energy assistance.
House Republican leadership aides said that GOP members have not been consulted on the details of a second stimulus. One of these aides said, "We're not necessarily opposed to it out of hand. We would ask, is it truly stimulative? Is it really going to help stimulate the economy?"
A Senate GOP leadership aide said Republicans are skeptical of a second stimulus but did not suggest there is outright opposition to another package.
Jim Manley, a spokesman for Senate Majority Leader Harry Reid, D-Nevada, left the door open to the Senate taking up a bill.
"Sen. Reid tried to pass a second economic recovery bill last month, only to be obstructed by Senate Republicans," Manley said. "Recent developments only reinforce the need for additional action to reinvigorate the economy. We will work with the House of Representatives and leave all options open to address this issue."
theyhatinonme wrote:
51and3rd wrote:
FALSE! Debts are getting paid but out country is built on loans and that's what will keep happening, we'll pay of one debt and take out another. Just look at it like this. You just copped a brand new car 4 years ago. Its paid off now, what do most people do next?..... Take out another loan on another car.
You have just pointed out the whole problem with America right now. I SAVED my money for 4 years to purchase my first car in cash. A loan should be one of the last resorts for people. But in America we look at debt like it's the only way to live.
Your right but its not car loans that are killing America. But I seewhat you mean, it all adds up. You get a car loan with high interest that you cant afford so you pass on a couple bills. They start stacking up then it allstarts going down hill and we end up here. You wanna blame someone for the way the country is don't blame bush blame your neighbor.
Originally Posted by theyhatinonme
You have just summed up Bushes economic policies perfectly. Spend spend spend start a war spend more on that war and print money to support all of this spending since you won't raise taxed on the ultra rich in fact you will slash their taxes.
Originally Posted by SunDOOBIE
HUH? Take a deep breathe and retype that, you make no sense.
1. Its not Payroll tax. Payroll tax is what employers pay. Its called income tax.
2. Yes Baraack Hussein Obama is my new President and I am very proud of him.
3. 43 or 44%? Let me guess you made that up unless you want to specify where you got those rates from.
The rest of your garble doesn't make any sense.
Originally Posted by 8tothe24
Originally Posted by theyhatinonme
You have just summed up Bushes economic policies perfectly. Spend spend spend start a war spend more on that war and print money to support all of this spending since you won't raise taxed on the ultra rich in fact you will slash their taxes.And just like Bush, Obama plans to spend more money. These 2 parties are going to drill the U.S. into the dirt, neither party gets it.
Tell me again how we funded the war without raising taxes.
My parents always raised me to believe the only loan you should take out is a home loan. Since most of the time that is an investment that willgain value. Taking out loans for things like cars that lose value is a suckers game. But I agree other countries operate on debt as well but it's bad allaround. And yes this problem was around long before bush ever became president but the fanny and freddie thing under him took this whole debt lifestyl to newextremes. You had people get loans where for the first 3 years they were paying off nothing but interest not even making a dent in the principle.
Originally Posted by i3allistic
Obama not offically in office until Jan 20th ....
