Did Obama burn his brain out on cocaine in college?
There are three million millionaires in the US. In order to raise $4 trillion, he would have to take $1.3 million from each millionaire. Tax rates over 100% might not be considered sound policy, unless he wants to drive unemployment up over 80%.
Besides which, the deficit is $1.1 trillion. How can you lower it by $4 trillion?
Whatever he was doing in college did not involve math or economics. Apparently he majored in Trotsky emulation.
obama has never had to work for a living in his life . That alone explains his jealousy toward the millionaires who have used their brains and hard work to achieve success . I know several millionaires and they all worked and perservered to earn what they have . Those in government haven’t a clue of what it takes to earn millions . Yet they want to take the wealth honestly achieved by others and give it to those either too dumb or lazy or both dumb and lazy in order to buy votes . If they succeed in destroying the millionaires they will also achieve the goal of destroying what is left of america . So go ahead you commie , fascist , marxist , america hating scum , you have been doing your best to ruin this country and if the majority really does support that then I guess this country will get what it deserves . The new world order , ain’t it great .
No, without a father and with no mother, Obama never had to bust his butt to get a scholarship to get to college. He never had to fight to get funding for a non-profit to help out the poor, taking it from nothing to a $500,000/year effective organization in two years. He never had to fight his way into Harvard and win election to lead the best legal journal on Earth. He never had to meet a publisher’s deadline while doing his day job . . .
Oh, wait. We’re we talking Mitt Romney, or Barack Obama?
See video below (eat the rich) …
I take it you support a 130% tax rate.
How’s Lake Powell getting on, Ed?
Don’t bother checking, it’s at its highest level at this time of year for at least 10 yrs and within 1 foot of its long term average.
http://lakepowell.water-data.com/
That’s right, Obama fell from the sky, fully formed, just like it says on infowars.com, right Ed, old buddy?
Other accomplishments:
Obama closed Club Gitmo within 6 months.
Obama stopped the morally troubling practice of drone strikes.
Obama didn’t meddle in Libya, Egypt, Syria . . .
Steve, as usual, your fiction doesn’t come close to reality. Mark Twain offered advice on writing, and said to stick to the real stuff — fiction has to stick to the possibilities, and reality doesn’t. There’s a lesson in there for you.
Paul, Lake Powell still sits in the middle of a drought-stricken land, with levels below “full” because drought demands the water downstream. Upstream, the land that offered the bountiful runoffs last year, is wracked by drought by all rational measures (Goddard Standard Dryness apparently being a measure of a martini, and not of anything on land).
In the meantime, the drought nationally has expanded. We had some relief around Dallas earlier this year, but it was a tease, offering false hope. Drought is hammering cattle operations across the nation. Last week President Obama declared 220 more counties part of the drought disaster, but there’s little available for aid for the people there.
Why? Did your newspaper go out of business? Bob Dylan’s weatherman not on TV at your place?
See Lake Powell drought conditions here: http://www.usbr.gov/uc/feature/drought.html
Mississippi River drying up a bit, causing trouble: http://usnews.nbcnews.com/_news/2012/08/03/13090325-drought-dries-up-stretch-of-platte-river-slows-barges-on-lower-mississippi?lite
Most of the U.S. is at least “abnormally dry,” though Mr. Goddard dismisses the measurements from this agency in other posts: http://www.drought.gov/portal/server.pt/community/drought_gov/202;jsessionid=D3BFC4411D349410C122E329A02BCE1F
Say a prayer for the ranchers and dry farmers.
Lake Powell has received 200% of normal precipitation this summer, but thanks for the misinformation
http://www.hprcc.unl.edu/products/maps/acis/wrcc/60dPNormWRCC.png
200% of almost nothing (it’s a desert, in summer), is how much?
Who says he fought his way into Harvard? And that legal journal election? His own classmates (who like him) said he didn’t win it on merit. They were told that year that the Law Review head must be chosen out of “fairness” rather than accomplishment.
Being a student with excellent grades, I LOVE to show my records to anyone who will bother to look. But uhm, Barry? No, he’s hiding his transcripts. I used my GPA to get scholarships.
Doesn’t look like Barry did this with academic excellence.
So, Just how did Barry “Bust his Butt” to pay his tuition? By turning tricks with Larry Sinclair?
I have seen a TV ad, in recent weeks, that states the projected revenue from this source as $4 trillion over ten years, not one year (in which case, the ad is “merely” wrong–I’m sure a Left-wing pundit in the mainstream media would say, although like you I don’t forgive such an error so easily–in calling it a “deficit” reduction, which indicates a yearly revenue, instead of, say, a “national debt” reduction). And the dedicated, eternal arguers would say a millionaire has at LEAST a million dollars, so if the average is $2 million then the tax rate would not be over 100% (and then his opposite number in the timeless debate over this ad would remind him that you don’t tax what a man HAS, you tax what he EARNS each year–and by that time, the mathematics has disintegrated, in most people’s minds, into various ill-informed versions of the projected “reality”, and gotten beyond most people’s desire to follow it). And then those who can’t stand listening to people fight will say, basically, “tra la la, this is so silly, and I have better things to worry about”. And so the whole, unsatisfying stew of diametrically opposed opinions is made, once again, to everyone’s annoyance (and the ad maker’s relief). In ancient days, as Sir James Frazer so minutely documented in “The Golden Bough”, they simply killed the old king and installed a new one; it is around this time in each presidential election cycle that some inevitably hark back to (and with nostalgic regret over the loss of) the “good old days”, when such things were not only possible, but politically correct. I hasten to add, I am not one of them.
I think it is a conflation of what Bush Tax cuts “cost” over 10 years (about 4 Trills) and rich folks talk cut cancellation, which would actually be about 900 Billion. HE dare not touch the remaining 3.1 TRills that goes to people who will get mad at him and vote against him. He is counting on the docile press and generally ignorant folks whose heads hurt at contemplating numbers.
The tax decreases during the Bush years actually resulted in record revenues for the Treasury.
Higher rates don’t necessarily translate into higher revenues. Thomas Sowell explains: http://www.nationalreview.com/articles/300752/defending-tax-cuts-rich-thomas-sowell
In our current system, Corporate Federal Tax rates are 35% I believe (Now the highest among developed nations, after Japan’s recent decrease -if memory serves) This article from Bloomberg shows how this causes wealth creation to be declared in places where taxation is lower, and that money is often not repatriated to the USA, nor is it then available for investment and job creation here.
http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-shows-how-60-billion-u-s-revenue-lost-to-tax-loopholes.html
We should lower the Corporate tax rate to 18% or even less, offer Federal Land for lease for $1/yr in 40 yr increments, and offer streamlined Environmental Regs for new development. We should also allow repatriation of Capital without penalty. This would cause a giant sucking sound, as wealth from around the world would be re-allocated (into the US) according to Risk/Reward models, delivering vast sums of investment capital, and extensive plans for new development.
The tax table for individuals is often noted as the same one used for small business. A 3% increase in confiscation results in that much less for investment in the economy the following year. Within a mere few years, a lower effective tax rate can increase the pool of private capital to the point that the lower tax rate begins yielding a higher return, due to the larger pool of capital, even without considering the adjustment in tax avoidance noted in the Bloomberg article.
I should note that the Repatriation of Capital may need to be a one time arrangement, and a scheme such as I mentioned would need to close other loopholes, such as those which allow Google the structure they use today, or we would simply get even less money from them…. until we went to a tax rate lower than Ireland….. which I think should also be on the table.
Dollar http://upload.wikimedia.org/wikipedia/commons/3/3e/Zimbabwe_$100_trillion_2009_Obverse.jpgl
http://upload.wikimedia.org/wikipedia/commons/3/3e/Zimbabwe_$100_trillion_2009_Obverse.jpg
something gone wrong
Would he like to tell us why he did none of this during the last 4 yrs, particularly the first 2 when he had a majority in Congress?
This puts “eat the rich” into perspective:
Punishing the productive members of society, ergo, the rich, is always the favorite solution of collectivists (i.e. Marxists, socialists, fascists). “Fairness” in the collectivist mind always involves the forced expropriation of wealth from affluent taxpayers and its redistribution to groups they deem to be worthy recipients (usually powerful voting blocks).
If we as individuals were to engage in the same behavior, it would be called “stealing.”
If our so-called leaders are truly interested in getting this country’s fiscal house in order, they can start by ending the foolish wars, slashing military spending, eliminating all foreign aid, and doing away with entire departments, including the Department of Education, Department of Commerce, the Department of Homeland Security, the TSA and the Small Business Administration. And that’s just for starters.
.
Punishing the working people who make the rich people rich is also rather silly (i.e., Marie Antoinette, King John, Caligula, Kim-Il Alluvem). What possible good could come from cancelling the infinitesimal sums we distribute as foreign aid? Why in the world would a free market-fancying nation kill its Commerce Department (are you nuts?)? With Commerce gone and only the lobbyists for GE, Microsoft, Exxon-Mobil and other giants on the prowl, why would we kill the Small Business Administration? Why do you hate American free marketry so?
I take it you support 130% tax rates
I only support 130% tax rates until I get the letter from your wife that you’ve stopped beating the dog. We’ve been trying to get your attention, and this seems to be the only way.
Who is “we?”
“We’ve been trying to get your attention, and this seems to be the only way.”
Oops! Don’t give away your assignment. Climate Chatterbot Troll#10167 has been assigned to Steven Goddard.
No, his parents died. This is pretty well documented.
Forget your manners today?
P.S. If we were “buddies” in some previous acquaintance, it has slipped from my memory. My apologies.
Say Ed , I just noticed all your comments . You paint quite a picture but there are no records to back your claims concerning obama’s education . Remember ? We haven’t seen any transcrips and the only so called facts we have about him come from rather biased sources . So , you are just an attack dog out there trying to deflect truth . And using the so called facts about his parents ? Who really knows ? We are reasonably certain who the mother is . The fact that we have a president of the US that we don’t know the history of is beyond unacceptable .
Say, John. I paint a picture based on the documents. You haven’t seen them? I can’t be responsible for your lack of due diligence. You could have read one or both of his memoirs, but apparently you didn’t. Both of them made the best seller lists. If you’ve ever been a publisher, or if you’ve been published, you know that those things are usually gone over carefully by the lawyers, looking for libelous material, and generally just checking for accuracy. I know some of the GOP opposition researchers who checked stuff out for McCain and others in 2008 — they couldn’t find inaccuracies in his books. Why don’t you read them now?
You could have done a search for biographical material from 2008, to see what the major investigative reporters and major news outlets found then. You might have noticed that he had eight years in the Illinois legislature, and he left an imprint there. That piece alone should answer most of your questions. You would have found the Politico piece that featured the one note Obama wrote for the law review (editors generally assign that stuff out, but Obama was always one to go a bit above the usual calling). You’d have noticed the 2007 story in the New York Times about Obama’s time at the law review.
At the Law Review, Obama led a powerful group of the best students in the world — and
— none of them expressing the lack of information you claim to be a problem. (Have you bothered to call any of them to ask what they know?)
For someone who knows so little about Obama, you might find light in passages like this one:
Graduated magna? That’s a matter of public record. Did you look?
If you looked a little harder, you might have found the stories about his election to the presidency of the law review, since that was considered a first in civil rights — and an item of national news. Stories appeared in the Los Angeles and New York papers, and probably others I haven’t found.
Did you look? Colleges and universities are only too happy to brag about their ex-students. Harvard is no exception.
Occidental brags, too.
Heck, if you were curious, you could have checked Snopes.com. Did you even bother?
Who really knows? Anyone who bothered to look.
There’s plenty of evidence out there on Obama’s life — very little should be mystery to a person of average curiosity who has the ability to read, and an internet connection or a library card.
You worry that you don’t have Obama’s transcripts? That’s not necessary. It’s on the record he graduated magna from Harvard Law. That can’t be faked when so many have a reason to check up on it. There’s plenty in the public record that works just fine in court, in the toughest tests of evidence, to show that Obama is who he says he is, and a man of remarkable character and great achievement. You may never have had to do real due diligence on a deal for millions of dollars, or a decision that could put someone behind bars for the rest of their productive life, so you’ll have to take it from people who have done that sort of stuff that the evidence is solid.
Not that you wouldn’t have looked, had you known, right?
I take it you support a 130% tax rate?
Steve, can you rescue my answer to John from your moderation file? Thanks.
Mr. McGuire,
A much better and more complete answer on Obama’s background here:
http://blogs.rgj.com/factchecker/2012/08/02/are-obamas-early-records-sealed/
Best,
Ed
The whole point of Obama’s book is that he doesn’t know much about his own background.
(Funny I missed post back in August.)
Yeah, sorta like the whole point of this blog is that Goddard doesn’t know much about science.
Obama actually wrote something much different from what you claim. In Dreams from My Father,, Obama wrote (pages 438-439):
There is more, of course — nothing that says, ‘I don’t know who I am,’ but much that says ‘here’s how great we can be, if we work at it.’
Perhaps you could read the book some day.
Did they die or were they non-existent? Make up your mind, you insufferable, lying turd-thief.
Also, go fuck a stump, you rude, obnoxious bore.
I’ll let you find sex on your own, thank you.
Didn’t the country function pretty well in the 1950’s and 1960’s (with very little debt) when we had a much more progressive tax sytem? I don’t recall any millionaires or billionaires suffering thru hard times.
You mean when houses cost $10,000 and a dollar was worth 20X as much as it does now?
The Democrats have their free candy (let Govermnent take care of you). The Republicans have their free candy (cut taxes and everything wil be wonderful). Both have had a pretty equal crack at governing the last 20 years. The net result of all the free candy is ruinous debt. Both parties are living in a fantasy world.
Andy DC, no we didn’t function without debt in the 1950s and 1960s. Our parents and grandparents, “the Greatest Generation,” borrowed to the heavens to fund the Marshall Plan to rebuild our enemies and allies, to fund the GI Bill which was simultaneously the greatest aid to education scheme ever invented, and the largest public aid to housing project in the history of the world. They borrowed to fund an interstate highway program. They borrowed to institute hot lunches for all kids at public schools. They borrowed to build the greatest arsenal in the world, to make our science the best in the world, to make our schools rigorous and good, and they borrowed to do maybe silly things like put a man on the Moon. They were in debt much more than we are now, as a nation, in our government. In the doing, they created a record number of millionaires and a few billionaires, people who accumulated vast fortunes despite being taxed three times as heavily as now (up to 90% marginal rates).
America grew great by borrowing way beyond our means, according to the austerity fans.
If we go back to the ’50s, lets emphasize that part where we borrowed as much as we possibly could, in order to make a great America, greater, for our children and grandchildren. Those patriots knew what they were doing.
Ed: learn to read, you dumb bint. Also, try to avoid just blindly copying & pasting from wikipedia articles.
Stark, which part of my writing has Wikipedia stolen now?
He is using the politics of envy. Unfortunately this is the preferred flavor of the day.
John McGuire, if my answer to your post doesn’t show up in this forum, you may want to check here: http://timpanogos.wordpress.com/2009/08/20/lou-pritchet-you-make-me-fear-for-my-nation-an-open-letter-to-lou-pritchett/#comment-236449
“Did Obama burn out his brain in college?” I don’t know about that, but he sure is burning out the patience of America, many of whom hoped for “Hope and Change” and all they got was more debt, more regulations, more bankruptcies, more taxes (Obamacare), and more of the same old lies and broken promises that Obama has been telling since day one.
Dear Ed,
Obama’s transcripts ARE the record. No Transcripts, no record. Harvard is now like the Nobel Prize: All hat and no cattle. Same with the NYT – a pathetic empty shell of its former self.
Only in a place like Harvard is a white woman accepted as a native cherokee, offering French recipes for publication in a Native American cookbook. And even this appeared to be a scam:
http://www.breitbart.com/Big-Government/2012/05/18/did-elizabeth-warren-plagiarize-pow-wow-chow-recipes
Spectator has a good story on tax rates and more lies from the communist in chief.
http://spectator.org/archives/2012/08/08/romneys-tax-plan-is-a-winner
The stupid just oozes everywhere each time you try to post, “Ed Darrell”.
Your precious liar can’t string two sentences together, much like you. I hope you enjoy that OFA money.
He probably posted that here on his brand newly recycled Obamaphone! 😆
Reagan phone. You guys try to give all the good credit to Obama. Pin the credit where it belongs, eh?
Why would anyone in their right mind support Obama? (other than being on the government payola)
Love of country. Concern for the continuation of the great American experiment in republican democracy. A wish to end the recession. A lack of hatred for women. A love of humanity. A wish that America might join the rest of the industrialized world with a well-working, affordable health care system. The Lily Ledbetter Fair Pay Act. Gratitude for the prevention of genocidal killing of 200,000 Libyans. Gratitude for his role in the changing of governments in Tunisia, Egypt, Libya, and other places. Because one understands supply and demand economics. . . .
There are dozens, hundreds of good reasons.
Why do you hate America so?
I’ll tell you why Steven hates America if you tell us why you beat your partner.
I’m glad you enjoyed the Arab spring. Careful what you wish for…the Arab fall is a bitch. I understand it took our FBI 3 long weeks to book accomodations to visit the consulate in Benghazi.
Ah yes, I remember the Reagan phone. It came in a big brief-case with a portable antenna. Oh, you must be referring to the land line for emergency use only. My has that government program grown since then. If you liked that, you’re gonna’ love Obamacare.
Not matter if you are a Romney supporter or not, Obama has not been a good President.