Political Discussion

[bklawyerzxc]

lol

[AngelinaCatHub]

Socialism Explained - Abbott & Costello Explain The Stimulus Plan

http://www.youtube.com/watch?v=6ib9N7L9y08&feature=player_detailpage

[jacko]

Was socialism not explained the first time around?

http://www.youtube.com/watch?v=6ib9N...yer_detailpage

[GoingDown]

I'm pleasantly surprised. It's starting to look like Romney just might have a chance of winning the election. Before it looked hopeless, but now, I think he just might have a chance of winning this election.

Our power plants might be saved after all. Maybe we will continue to have reliable electricity. And maybe I will be able to continue to afford to drive back and forth to Oregon to see my family every summer.

[jacko]

I wouldn't count on it.. Romney could end up being more liberal than POTUS. Plus POTUS doesn't control gas prices.

I'm pleasantly surprised. It's starting to look like Romney just might have a chance of winning the election. Before it looked hopeless, but now, I think he just might have a chance of winning this election.

Our power plants might be saved after all. Maybe we will continue to have reliable electricity. And maybe I will be able to continue to afford to drive back and forth to Oregon to see my family every summer.

[msm859]

I wouldn't count on it.. Romney could end up being more liberal than POTUS. Plus POTUS doesn't control gas prices.

No, Romney would never be more liberal then Obama. Power plants though will be there and reliable regardless who wins. However, if Romney did win and was able to get what he wants - making Bush tax cuts permanent, 20% additional tax cuts across the board, eliminate inheritance tax it will be an unmitigated disaster for 98% of the country.

[AngelinaCatHub]

No, Romney would never be more liberal then Obama. Power plants though will be there and reliable regardless who wins. However, if Romney did win and was able to get what he wants - making Bush tax cuts permanent, 20% additional tax cuts across the board, eliminate inheritance tax it will be an unmitigated disaster for 98% of the country.

The idea of tax cuts are this: We don't float the government on those still employed who are still paying taxes. We become successful by tax relief which inspires more spending in the econemy that will inspire more needs for goods then increase of the work forces ergo more taxes than raising tax on the steady shrinking tax base due to unemployment. 'Hub

[msm859]

The idea of tax cuts are this: We don't float the government on those still employed who are still paying taxes. We become successful by tax relief which inspires more spending in the econemy that will inspire more needs for goods then increase of the work forces ergo more taxes than raising tax on the steady shrinking tax base due to unemployment. 'Hub

Except when revenue is too low then the government starts cutting back employment like they have the last 4 years, and/or the deficit increases which puts a damper on the economy. And tax relief for Romney and friends will have ZERO effect on spending. If Romney pays 14% or 18% (less than many in the middle class) he will not change his spending at all. In fact the argument can be made if there were higher marginal tax rates it would stimulate spending because if you are a small business - sole proprietor the higher the marginal tax rate the more incentive you will have to go out and make deductible purchases.

The Republican answer to everything is simply "cut taxes". It is the wrong answer. Bill Clinton and the Democrats proved it in 1993 and Bush proved it was the wrong answer with his 2 tax cuts. We need to let ALL of the Bush tax cuts expire for our long term fiscal health.

[IBroke]

Plus POTUS doesn't control gas prices.

I've always been wondering why people even think that the POTUS has control over that...

[msm859]

I've always been wondering why people even think that the POTUS has control over that...

I agree with you @ 97%. The thing the POTUS could do is push hard for a bill that stops Wall Street speculation on oil for all but end users. That is artificially driving up prices. As to the rest you are correct, this is a global issue. The United Stated has already been producing more and using less, but with countries like China and India's use going up there is little the POTUS could do to effect world prices - although he also moved in the right direction requiring higher CAFE.

[helpmeout]

The idea of tax cuts are this: We don't float the government on those still employed who are still paying taxes. We become successful by tax relief which inspires more spending in the econemy that will inspire more needs for goods then increase of the work forces ergo more taxes than raising tax on the steady shrinking tax base due to unemployment. 'Hub

Trickle down has been proven not to work. Voodooeconomics (otherwise known as Reaganomics) is not the way to go. I think, and hope because he is the far better choice, that President Obama is going to get re-elected.

BTW, my commute to work has been more interesting for quite a while now. Why? It's all those semis delivering goods to companies who ordered it. Towards the end of Bush's final years, there were hardly any semi's delivering goods.

[helpmeout]

I've always been wondering why people even think that the POTUS has control over that...

Because that's what the opposing party who is trying to beat an incumbent president wants people to think. Please note that I did not state a specific party as both participate in this.

[helpmeout]

I wouldn't count on it.. Romney could end up being more liberal than POTUS. Plus POTUS doesn't control gas prices.

Thanks for the laugh.

[jacko]

He is no match for Harry Reid. Reid would just shut the Senate down.

No, Romney would never be more liberal then Obama. Power plants though will be there and reliable regardless who wins. However, if Romney did win and was able to get what he wants - making Bush tax cuts permanent, 20% additional tax cuts across the board, eliminate inheritance tax it will be an unmitigated disaster for 98% of the country.

[jacko]

Has gas really risen out of control? When you factor in inflation, gas has remained constant compared to other commodity products. Not to long ago, corn was 99 cents per bushel, now it is $7 plus. Are we going to end corn futures speculation and demand that farmers go back to 99 cents? As a shareholder of ConocoPhilips and Chevron, I expect/demand that management price what the market will bare to maximize earnings, which leads to higher dividends for the owners.

I agree with you @ 97%. The thing the POTUS could do is push hard for a bill that stops Wall Street speculation on oil for all but end users. That is artificially driving up prices. As to the rest you are correct, this is a global issue. The United Stated has already been producing more and using less, but with countries like China and India's use going up there is little the POTUS could do to effect world prices - although he also moved in the right direction requiring higher CAFE.