Obama Economic Plan CRUSHED!

1 11 2008

Ok folks, a nice little lesson in Economics 101 (listen up Mr. Obama). Obama wants to target the rich, those of us making over $250k per year…OH HOLD THE PRESS!… its now down to $200k…..HOLD THE PRESS AGAIN!….Ding Dong Joe Biden was quoted as saying $150k!!!Where will it end man!

Anyway, as I was saying, we already pay taxes on goods. If Obama taxes small, medium, large businesses and corportations (yes folks, his plan covers it all!) , guess what, THE PRICE OF GOODS GOES UP! Wow, that was hard! The second effect here would be (drum roll please)….more businesses move their operations overseas for more favorable tax breaks!!! I just did that in two paragraphs didn’t I!

John McCain has the short and long term solution: 1) cut government spending – immediate relief on taxpayers 2) drill offshore and other areas for oil – immediate economic and foreign dependency relief (the threat of this is one factor already driving prices down now) 3) continue essentives to keep companies in the U.S. and give small and large businesses room to grow 4) alternative fuel mandates – millions of new jobs and the money stays right here at home, we will also be able to export clean fuels and turn the tables on the middle east and Venezuela!

So there you have it, the simple skinny on Mr. Messiah Obama’s economic master plan. And, yes, this is the heart of his plan. So why is he saying it if it is so simple for a common Joe like me to debunk you ask? Well, because it SOUNDS GOOD right now because everyone is mad as hell at the “rich people”. That’s what the Democrats do in elections – say what people want to hear and instill fear that it will be “more of the same”. Just think about the simple economics of it all folks! It doesn’t fit. And besides, where will Obama get all of the money for the plans he proposes anyway? Oh yeah, the Democratic Money Tree! How stupid of me!

I had an uneducated person tell me the other day, “well you must be making more than me if you’re voting for McCain”, and I politely replied, “well no, but I have aspirations of making $250 someday and I’m sorry you don’t have such aspirations.” I really felt sorry for the little Obamabot.

Oh yeah, Mr. Obama, you’re economic tax plan just got CRUSHED!


Yahoo Exposes Obama Infomercial

30 10 2008

Today, web Giant Yahoo exposed some of the “Messiah’s” promises and verbage in his pompous infomercial. Like McCain said, you have to pay close attention to Obama’s words. Here’s some of the issues Yahoo exposed:

THE SPIN: “That’s why my health care plan includes improving information technology, requires coverage for preventive care and pre-existing conditions and lowers health care costs for the typical family by $2,500 a year.”

THE FACTS: His plan does not lower premiums by $2,500, or any set amount. Obama hopes that by spending $50 billion over five years on electronic medical records and by improving access to proven disease management programs, among other steps, consumers will end up saving money. He uses an optimistic analysis to suggest cost reductions in national health care spending could amount to the equivalent of $2,500 for a family of four. Many economists are skeptical those savings can be achieved, but even if they are, it’s not a certainty that every dollar would be passed on to consumers in the form of lower premiums.

THE SPIN: “Here’s what I’ll do. Cut taxes for every working family making less than $200,000 a year. Give businesses a tax credit for every new employee that they hire right here in the U.S. over the next two years and eliminate tax breaks for companies that ship jobs overseas. Help homeowners who are making a good faith effort to pay their mortgages, by freezing foreclosures for 90 days. And just like after 9-11, we’ll provide low-cost loans to help small businesses pay their workers and keep their doors open. ”

THE FACTS: His proposals — the tax cuts, the low-cost loans, the $15 billion a year he promises for alternative energy, and more — cost money, and the country could be facing a record $1 trillion deficit next year. Indeed, Obama recently acknowledged — although not in his commercial — that: “The next president will have to scale back his agenda and some of his proposals.”

THE SPIN: “I also believe every American has a right to affordable health care.”

THE FACTS: That belief should not be confused with a guarantee of health coverage for all. He makes no such promise. Obama hinted as much in the ad when he said about the problem of the uninsured: “I want to start doing something about it.” He would mandate coverage for children but not adults. His program is aimed at making insurance more affordable by offering the choice of government-subsidized coverage similar to that in a plan for federal employees and other steps, including requiring larger employers to share costs of insuring workers.

Original Article (article location may change)