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View Full Version : Obama Did I hear this right???


HonestChieffan
09-05-2011, 09:18 PM
Some News talking head just said Obama will call for "temporary Corporate tax breaks" on Thursday....

Does that mean we can buy a new corporate jet now? Seems like a major about face. I thought we needed to increase revenues/taxes? Does GE or Berkshire Hathaway get the break?


Dems must stay in a constant state of confusion.

BucEyedPea
09-05-2011, 09:26 PM
You have wax in your ears maybe?

Jenson71
09-05-2011, 09:28 PM
Right out of the US Chamber of Commerce's playbook. Looks like Obama the Socialist is in full throttle.

It means that Obama is focused entirely on the latest jobs report, and he's in full cooperation with business interests.

BucEyedPea
09-05-2011, 09:40 PM
He still shut down Gibson though, one of the last manufacturers in this country. Bye, bye on those jobs. My guess is their competition wanted them put out. Perhaps they donated to Obama's campaign?

HonestChieffan
09-05-2011, 09:46 PM
http://dl.dropbox.com/u/17814523/humor/obama/obama-no-clue-poster.jpg

BucEyedPea
09-05-2011, 10:01 PM
Why does he need a clue on how to run NK or even Iran. Is he running the world now too?
Geezus, progressives think they can control everything. Even Republican progressives apparently.

Bump
09-06-2011, 01:05 AM
it doesn't matter who the president is, when will you idiots realize that? Big corporations are in 100% control right now, it makes no difference who the spokesman is.

Taco John
09-06-2011, 01:08 AM
I think the plan will be to "repatriate" money that is overseas that anti-business policies have chased away over the years. The plan will be to have a "tax holiday" that will allow them to bring that money back, and then re-implement the policies that chased it away in the first place. In hunting, we call this a trap. Hopefully business leaders are stupid enough to fall for it. We need that money back in our economy.

Chocolate Hog
09-06-2011, 01:11 AM
Link?

ClevelandBronco
09-06-2011, 05:30 AM
Every tax rate in the history of tax rates is temporary. The fuckhead is hopelessly lost.

mlyonsd
09-06-2011, 06:47 AM
I think the plan will be to "repatriate" money that is overseas that anti-business policies have chased away over the years. The plan will be to have a "tax holiday" that will allow them to bring that money back, and then re-implement the policies that chased it away in the first place. In hunting, we call this a trap. Hopefully business leaders are stupid enough to fall for it. We need that money back in our economy.I think I heard Bachman calling for that same thing this weekend.

BucEyedPea
09-06-2011, 06:53 AM
I think I heard Bachman calling for that same thing this weekend.

I see her experience as an IRS attorney is coming into play here. Tea Partier my arse!

Predarat
09-06-2011, 07:49 AM
Don't you people understand?? The Corperations NEED these tax cuts so they can create more jobs and send them overseas.

Chief Faithful
09-06-2011, 08:05 AM
It means that Obama is focused entirely on the latest jobs report, and he's in full cooperation with business interests.

That is exactly what Obama wants you to think, but as we all know his actions have never matched his words.

HonestChieffan
09-06-2011, 08:07 AM
Right out of the US Chamber of Commerce's playbook. Looks like Obama the Socialist is in full throttle.

It means that Obama is focused entirely on the latest jobs report, and he's in full cooperation with business interests.


JImmy Hoffa.....is that the connection to business interests? Or should we expect to see a change and do away with ObamaCare now that he is so in line with business?

Chiefshrink
09-06-2011, 08:49 AM
The question we must all ask ourselves is "What would a Marxist say this Thursday in order to calm and encourage the masses about our economy?

Look for Obama to be the black version of Reagan on Roids this Thursday. He will say one thing(sound conservative) and then again in true form do the opposite(legislate socialism) as good Marxists do.

OMarxist did this during the 2008 campaign:thumb:

Taco John
09-06-2011, 09:14 AM
I think I heard Bachman calling for that same thing this weekend.

Ron Paul has also talked about trying to do things (such as a tax holiday) to repatriate dollars that our tax policies have chased overseas. Of course, Ron Paul would rather do something to make these changes more permanent and lasting, but he's said he favors a tax holiday.

mlyonsd
09-06-2011, 09:33 AM
Ron Paul has also talked about trying to do things (such as a tax holiday) to repatriate dollars that our tax policies have chased overseas. Of course, Ron Paul would rather do something to make these changes more permanent and lasting, but he's said he favors a tax holiday.Well since Obama is clueless on how to get the economy turned it appears hopeful at least he's willing to latch on to ideas that might work from his political rivals. I wonder if he'll give them credit.

|Zach|
09-06-2011, 09:46 AM
black version of Reagan on Roids this Thursday.

He would have to raise the debt ceiling a lot more to make that happen.

patteeu
09-06-2011, 10:10 AM
I think I heard Bachman calling for that same thing this weekend.

I see her experience as an IRS attorney is coming into play here. Tea Partier my arse!

Ron Paul has also talked about trying to do things (such as a tax holiday) to repatriate dollars that our tax policies have chased overseas. Of course, Ron Paul would rather do something to make these changes more permanent and lasting, but he's said he favors a tax holiday.

Tea Partier BEP's arse!

Ace Gunner
09-06-2011, 10:30 AM
Some News talking head just said Obama will call for "temporary Corporate tax breaks" on Thursday....

Does that mean we can buy a new corporate jet now? Seems like a major about face. I thought we needed to increase revenues/taxes? Does GE or Berkshire Hathaway get the break?


Dems must stay in a constant state of confusion.

They been pretty well focused being liberal and socialist over the past 50 years. Not sure why you're confused there. Myself, as a member of the GOP the past several decades, I must point out our republican leadership has been anything but focused or consistent. Nixon was a lying crook who claimed not to be a crook, Reaganomics quickly became socialist based economics and massive government expansionism along with the liberal bailouts, 'no new taxes' guy raises taxes while his son makes up excuses for failed foriegn policies and massive bailouts both at home and abroad .. Yep. ****in Republican party has been a waffling machine. What will they do now. Good cop? Bad cop? The suspense is building.

Stewie
09-06-2011, 12:15 PM
Devaluation of the currency will cure myriad problems. They've been trying to do this for years, but other currencies are falling as fast or faster.

DEVALUATION sharply reduces the burden of debt

DEVALUATION sharply increases inflation

DEVALUATION fosters renewed consumption

DEVALUATION quickly reduces unemployment

DEVALUATION sharply promotes new investments

In essence DEVALUATION is the cure-all of maladies of recession and depression.

Whether devaluation can be accomplished is the $64 trillion question. If it can't, we're in a world of hurt.

Ace Gunner
09-06-2011, 12:32 PM
Devaluation of the currency will cure myriad problems. They've been trying to do this for years, but other currencies are falling as fast or faster.

DEVALUATION sharply reduces the burden of debt

DEVALUATION sharply increases inflation

DEVALUATION fosters renewed consumption

DEVALUATION quickly reduces unemployment

DEVALUATION sharply promotes new investments

In essence DEVALUATION is the cure-all of maladies of recession and depression.

Whether devaluation can be accomplished is the $64 trillion question. If it can't, we're in a world of hurt.


Hi Stewie. Hey, have a look at this conversation between Paul and Bernanke that occured a few months ago, in case you haven't already seen it. Paul suggests inflation is simple taxing strategy by the Gov't and Bernanke completely agrees. Of course, all this was said inside the tin palace where the gov't bots couldn't decipher it.

http://www.youtube.com/watch?v=LR_aZUDj9Pg&feature=related

Stewie
09-06-2011, 12:51 PM
Hi Stewie. Hey, have a look at this conversation between Paul and Bernanke that occured a few months ago, in case you haven't already seen it. Paul suggests inflation is simple taxing strategy by the Gov't and Bernanke completely agrees. Of course, all this was said inside the tin palace where the gov't bots couldn't decipher it.

http://www.youtube.com/watch?v=LR_aZUDj9Pg&feature=related

I've seen it. The Fed is cornered and try to talk their way out. I've followed the markets since the early 90s and I've never seen the Fed try to prop up the perception of "everything is well" (almost on a daily basis) like they do now.

Bernanke is from the school of easy money... hence devaluing the dollar. The problem is he studied the Great Depression when FDR devalued the dollar over night by 60+%. That's not an option now. We are now at the mercy of foreign countries and their interests regarding their monetary policy.

go bowe
09-06-2011, 01:22 PM
Well since Obama is clueless on how to get the economy turned it appears hopeful at least he's willing to latch on to ideas that might work from his political rivals. I wonder if he'll give them credit.

i dunno...

if he proposes a policy, the pubs will probably be against it even if the policy was one of theirs to begin with...

evenfall
09-06-2011, 01:47 PM
I think the plan will be to "repatriate" money that is overseas that anti-business policies have chased away over the years. The plan will be to have a "tax holiday" that will allow them to bring that money back, and then re-implement the policies that chased it away in the first place. In hunting, we call this a trap. Hopefully business leaders are stupid enough to fall for it. We need that money back in our economy.

He is an anti-business politician. That will not change. He may posture for his re-election campaign which is in full swing, he might sell his soul to try to create some movement on jobs so he can say "see, we have prosperity right around the corner".

This shouldn't surprise us. In fact, it should make us far, far more leery of his motives. This shows as absolute fact that he knows how to create jobs, but is intentionally not doing those things because they don't fit his ideology. He knows it will work, he just had to be pushed to the brink before he'd even consider rendering aid. Unemployed, broke? Well, everbody's got to have "some skin in the game", don't we?

His dream for America turning into Sweden is more important, that is the omelette and your jobs are eggs. Eventually Omerica will bring us all government health care and keep us all safely employed in manufacuting jobs and depending on the state for all our necessities. Jets are for party officials and their vacation addicted wives.

Amen, amen. Long live Omerica

Chiefshrink
09-06-2011, 03:00 PM
He would have to raise the debt ceiling a lot more to make that happen.

Precisely, which is why he will call for new spending(disguised and cloaked in conservative terms) in Thursday's speech because if you didn't notice this last Sunday the actual unemployment number was released which is 16.9%.

Why was it released? Why would the WH allow for this?

IMO, desperation because this is a huge gamble to admit the actual unemplooyment number to try to justify a new spending bill of which will be cloaked in conservative free market terms this Thursday. Just my guess.

Wait-n-see:thumb:

Stewie
09-06-2011, 03:02 PM
He would have to raise the debt ceiling a lot more to make that happen.

No he wouldn't. Not a penny.

HonestChieffan
09-06-2011, 03:11 PM
Crazy Maxine wants a new Trillion dollar or more stimulus. If she was not a politician she couldnt buy a job.

banyon
09-06-2011, 07:45 PM
I think the plan will be to "repatriate" money that is overseas that anti-business policies have chased away over the years. The plan will be to have a "tax holiday" that will allow them to bring that money back, and then re-implement the policies that chased it away in the first place. In hunting, we call this a trap. Hopefully business leaders are stupid enough to fall for it. We need that money back in our economy.

This is a thoroughly stupid plan that was already done, with virtually no impact except on corporate balance sheets back in 2004.

The difference is, with these period government capitulations to the tax code for overseas money, we are essentially creating a defacto policy which encourages corporations to shelter money overseas, and then wait for the bi-decade government capitulation to bring it back on their books tax free.

The problem is not corporate money or that they are being taxed too much. They are sitting on much higher cash balances right now than at any other time. If they won't spend that money here, why will they spend the money from abroad?

Chocolate Hog
09-06-2011, 08:22 PM
Link?

BucEyedPea
09-06-2011, 08:26 PM
Link?

I think it's from TV since he said some News Talking Head.

banyon
09-06-2011, 08:33 PM
Link?

<a title="View CRS.RepatriationAnalysis.013009-2 on Scribd" href="http://www.scribd.com/doc/51908567/CRS-RepatriationAnalysis-013009-2" style="margin: 12px auto 6px auto; font-family: Helvetica,Arial,Sans-serif; font-style: normal; font-variant: normal; font-weight: normal; font-size: 14px; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none; display: block; text-decoration: underline;">CRS.RepatriationAnalysis.013009-2</a><iframe class="scribd_iframe_embed" src="http://www.scribd.com/embeds/51908567/content?start_page=1&view_mode=list&access_key=key-1rkmyuoip8vmpjj10nhl" data-auto-height="true" data-aspect-ratio="0.772727272727273" scrolling="no" id="doc_10903" width="100%" height="600" frameborder="0"></iframe><script type="text/javascript">(function() { var scribd = document.createElement("script"); scribd.type = "text/javascript"; scribd.async = true; scribd.src = "http://www.scribd.com/javascripts/embed_code/inject.js"; var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(scribd, s); })();</script>

http://www.scribd.com/doc/51908567/CRS-RepatriationAnalysis-013009-2

banyon
09-06-2011, 08:34 PM
I think it's from TV since he said some News Talking Head.

You use the sketchiest facts and sources in this forum. What makes you feel entitled to run around challenging other people's claims? Why should they when you ask? You don't.

HonestChieffan
09-06-2011, 08:37 PM
The quote is accurate. "Temporary Corporate Tax Breaks"....no other detail was supplied. They said nothing about overseas profits or any of this other stuff. Channel 5 in KC.

Brainiac
09-06-2011, 09:00 PM
it doesn't matter who the president is, when will you idiots realize that? Big corporations are in 100% control right now, it makes no difference who the spokesman is.
God, I hate it when people say this. The person saying this is almost always an apologist for a weak and ineffective President.

patteeu
09-07-2011, 06:08 AM
God, I hate it when people say this. The person saying this is almost always an apologist for a weak and ineffective President.

Or a naive, college-aged kid like Bump.