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2009-11-18 Home Front: Politix

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Posted by GolfBravoUSMC 2009-11-18 12:55|| || Front Page|| [11125 views ] Top

#1 "There may be some tax provisions that can encourage businesses to hire sooner rather than sitting on the sidelines. So we're taking a look at those," Obama told Fox News' Major Garrett.

Yea, there damn well may be a few tax provisions that need fix'n. Ever heard of capital gains or Federal Income tax? Probably not because you've never held a paying job or attempted to make log-term investments. Poor clueless bastar*.

Posted by Besoeker 2009-11-18 14:00|| 2009-11-18 14:00|| Front Page Top

#2 Poor clueless bastar*

"clueless" I'll grant. But "poor"?

Posted by g(r)omgoru 2009-11-18 14:14|| 2009-11-18 14:14|| Front Page Top

#3 It's all Bush's fault! /s

Never mind that the Democrat's have controlled Congress since 2006.

Posted by tipover 2009-11-18 14:38|| 2009-11-18 14:38|| Front Page Top

#4 I'd like to give him a six-month leave of absence from his current job and have him run a small hardware store. If he turns a profit, he can have his job back. And no fair hiring someone to fill out all the federal, state and local paperwork- he's got to do it personally. Full compliance required with ADEA, ADA, EPA, OFCCP, FMLA, USERRA, NLRA, FSLA, HIPAA, ERISA and the IRC.

Posted by Matt 2009-11-18 14:45|| 2009-11-18 14:45|| Front Page Top

#5 Clueless? Not hardly.

His idea of a "tax provision" would be a fine if you don't hire X people per year.

As far as deficits go, it's Obama and the Dems that are creating them. They can reduce them, or even cancel the rest of the 'stimulus', but they have no intention of doing that.

Obama knows that massive deficits will affect his re-election chances. He's decided that all he has to do is campaign against the deficits, and many independents will conclude that he isn't so bad after all. Cynical, but he's correct.

Posted by KBK 2009-11-18 14:51|| 2009-11-18 14:51|| Front Page Top

#6 I'll second Matt.

Posted by swksvolFF 2009-11-18 14:52|| 2009-11-18 14:52|| Front Page Top

#7 Just passed $12 trillion. $13 trillion coming up fast.

2010 United States federal budget (estimates)
Revenue: $2.48 trillion
Expenditure: $3.55 trillion
Deficit $1.17 trillion

But wait, that's not all.
Federal debt
2008 $9,985.8 billion
2009 (est.) $12,867.5 billion
2010 (est.) $14,456.3 billion
=========================
2008-2009 debt increase = 2,881.7 billion in one year!
But this year's increase in debts is a heck of a lot more than the combined 2 years 2009-2010 FY deficits ($611B + $1170B). So this government is borrowing like mad and more than half of the debt forced on the taxpayers doesn't even show up in the fed's budget numbers.

Posted by ed 2009-11-18 15:08|| 2009-11-18 15:08|| Front Page Top

#8 Unfunded Liabilities $106 Trillion

Posted by GolfBravoUSMC 2009-11-18 15:23|| 2009-11-18 15:23|| Front Page Top

#9 The entire economy is going to be servicing external debt, you'll all be slaves.

Posted by Bright Pebbles 2009-11-18 17:24|| 2009-11-18 17:24|| Front Page Top

#10 Obama warned the United States' climbing national debt could drag the country into a double-dip recession

No shit Sherlock! Wonder if he figured it out all by himself or if he had to have Biden explain it to him. What a tool!

Posted by DMFD 2009-11-18 19:05|| 2009-11-18 19:05|| Front Page Top

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