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2010-03-15 Home Front: Politix

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Posted by tipper 2010-03-15 11:42|| || Front Page|| [11143 views ] Top

#1 "Two Americas" have existed for some time. The real concern should be the overtaking of 'paying America' by burgeoning 'recipient America.' Obamacare will hasten this unhappy process.

Posted by Besoeker 2010-03-15 12:03|| 2010-03-15 12:03|| Front Page Top

#2 It will cause a revolution. The middle class will bear the brunt of the Obama Health care plan. The taxes for this health care will be $500 to $600 per month on the working family. That is at the start. In other words, after the tax brackets are changed to where you are paying 30% to 40% of your income to Obama and his unions, you will then pay an additional 10% + to cover Obama's health care. That is AT LEAST 50% of your income goes to Obama.

Posted by Bob Gleanter3083 2010-03-15 13:00|| 2010-03-15 13:00|| Front Page Top

#3 The numbers above came from a story that was on the front page of www.yahoo.com but was quickly yanked. This is going to be a colossal cost on each middle class family.

Posted by Bob Gleanter3083 2010-03-15 13:13|| 2010-03-15 13:13|| Front Page Top

#4 That is AT LEAST 50% of your income goes to Obama.

Only if you have a job.

Posted by g(r)omgoru 2010-03-15 13:36|| 2010-03-15 13:36|| Front Page Top

#5 Only if you have a legit job.

Most of these people and their peers across the country have 'jobs' but usually are not on the 'books' except in the costs in the existing public health care system.

Posted by Procopius2k 2010-03-15 16:17|| 2010-03-15 16:17|| Front Page Top

#6 I presume that people forced to buy govt. insurance will have paycheck deductions taken out for them like income tax.
That will be hard to beat.

Posted by bigjim-CA 2010-03-15 18:15|| 2010-03-15 18:15|| Front Page Top

#7 The unemployed and underemployed will not be the giant drain on our system. We have a tidal wave of aging boomers rolling at us. They will live longer than any other generation and will demand health care that we will have to provide. All of that, screw them bravado aside, America will not sit idle and watch the largest group of aging America go without care. When they reach the age where they need managed care, nursing homes etc, it will bankrupt this once great nation. The boomers wont destroy this country through their communist ideals of the 60s or the corrupt leadership and business practices. They will destroy this country by just getting old.

Posted by 49 Pan 2010-03-15 18:48|| 2010-03-15 18:48|| Front Page Top

#8 The GOP should be hammering the air waves this week on Bambi's campaign promises (there's plenty on youtube) wherein...

a) ALL negotiations will be on C-Span
b) If you LIKE your current plan, you can keep it
c) HCR will NOT raise taxes on the middle class
d) Excise taxes on cadillac plans are BAD, BAD, BAD

Plus, please call, call, call the fence-sitters this week. Let them know the consequences (politely, of course) should they vote yes on this bill.

Posted by Gomez Threter7450 2010-03-15 19:35|| 2010-03-15 19:35|| Front Page Top

#9 "They will destroy this country by just getting old."

Just wait till they all start getting Alzheimers and need round the clock care.

I'm not joking, here. This is something that few outside the health care industry are even talking about. The cost just to build the buildings to house them in basic living standards of food, lavatories, and a cot will be a giant expense.

If they want more than that, they're going to have to fork over a substantial portion of their assets. Could it be that Washington is merely positioning itself for this massive wealth transfer?

Posted by no mo uro 2010-03-15 20:20|| 2010-03-15 20:20|| Front Page Top

#10 Bob - Consider the tax burden already levied on a single childless entrepreneur. Assume for the sake of this discussion a post-expense net income of $100k & a home owned outright sans mortgage (no deductions). Taxes are roughly as follows:

Federal Income Tax: ~$20k
State Income Tax (my state): ~$7k
FICA (both halves): ~$12k
Property / Auto / Misc taxes: ~$2k

Assume that I spend every dollar of the $59k that remains. Of that I lose the following to taxes:

Embedded taxes levied on businesses who provide the goods & services I purchase: 20-30%
Embedded cost of regulatory compliance by businesses who provide the goods & services I purchase: 20-30%
Sales tax (my locality): 7%

Best case: I lose nearly 50% of my purchaing power.
Worst case: I lose nearly 70% of my purchasing power.

Thus the purchasing power of my $59k is actually no more than ~$30k and perhaps as little as ~18k. Thus of my original $100k I've lost at least $70k and perhaps as much as $82k to the government.

Needless to say: I'm not hiring.

Posted by AzCat 2010-03-15 20:29|| 2010-03-15 20:29|| Front Page Top

#11 no mo uro, what Obamistas (just a kabuki ensemble) are doing is irrational and seems hodge podge. Of course one may presume spades of incompetence.

But one thing would make sense. The main thrust is to create instability. Not as much inside the border like outside. This should result in a war. Whatever form it takes, the hope is that it would chainsaw through the ranks of boomers, even war footing may be good enough. The transfer of wealth has the same purpose, to take away means, so there is no or a little fallback.

The war (not this joystick remote control stuff skirmishes) is prolly coming within 4 years. Chinese have 24 million extra young men to burn through.

Iran is the fuse, but in all likelihood, it would start with something unexpected.

Posted by twobyfour 2010-03-15 20:49|| 2010-03-15 20:49|| Front Page Top

#12 Taxes on income cause a shortage of employment?

Is there a word for this idea Eeek-o-no-mics?

Posted by Bright Pebbles 2010-03-15 20:49|| 2010-03-15 20:49|| Front Page Top

#13 Lets hope the Chinese go after the Russians over the gas lines. We could all get popcorn and watch the glow.

Posted by 49 Pan 2010-03-15 21:10|| 2010-03-15 21:10|| Front Page Top

#14 But one thing would make sense. The main thrust is to create instability.

Correct premise but flawed analysis IMHO. The instability is designed to stampede the American people over a statist cliff from which there is no return. Rahm "never let a crisis go to waste" Emanuel has already told us as much. It's a "flood the system" play straight from Saul Alinsky's playbook. Very transparent but probably too late to be stopped.

Posted by AzCat 2010-03-15 21:23|| 2010-03-15 21:23|| Front Page Top

#15 AzCat, that was a given, just that in the scope of things, it would seem a small change (coin-wise).
Anyway, there would be a problem with herdin' Merkin Cats. Those with a red hue won't go quietly into the night. At all.

Posted by twobyfour 2010-03-15 23:03|| 2010-03-15 23:03|| Front Page Top

#16 Pan, China looks at the large expanse north and what they see? An opportunity. Waiting for ducks to align in a row.

Posted by twobyfour 2010-03-15 23:06|| 2010-03-15 23:06|| Front Page Top

#17 We've already got 2 Americas - the one where the Dems get away with damn near murder and the one the rest of us live in. >:-(

Posted by Barbara Skolaut 2010-03-15 23:33|| 2010-03-15 23:33|| Front Page Top

23:38 Barbara Skolaut
23:34 Skidmark
23:33 Barbara Skolaut
23:29 Barbara Skolaut
23:16 Old Patriot
23:06 twobyfour
23:03 twobyfour
22:22 phil_b
22:20 gorb
22:13 Silentbrick
22:12 Silentbrick
21:44 phil_b
21:37 Free Radical
21:23 AzCat
21:10 49 Pan
20:50 49 Pan
20:49 Bright Pebbles
20:49 twobyfour
20:49 notascrename
20:37 Glenmore
20:30 49 Pan
20:29 AzCat
20:25 Glenmore
20:24 Glenmore