I thought they where taking a reccess to support Alaska's Uncle Teddy during his court trials.
Maybe it would be better if they stay on vacation until after November.
Quote:
Obama's 'emergency' economic plan
By: Mike Allen
August 1, 2008 10:53 AM EST
Sen. Barack Obama (D-Ill.) on Friday announced an “Emergency Economic Plan” that would give families a stimulus check of $1,000 each, funded in part by what his presidential campaign calls “windfall profits from Big Oil.”
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How much of those windfall profits are being reinvested to resource developement?
Quote:
The first part of Obama’s plan is an emergency energy rebate ($500 to individual workers, $1,000 to families) as soon as this fall.
“This rebate will be enough to offset the increased cost of gas for a working family over the next four months,” Obama said. “Or, if you live in a state where it gets very cold in the winter, it will be enough to cover the entire increase in your heating bills. Or you could use the rebate for any of your other bills or even to pay down debt.
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Why not tax us fairly and let us keep more of what we earn? Unstead of a forced redistribution of wealth?
Quote:
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Separately, Obama’s plan includes a $50 billion stimulus package that his campaign claims would save more than 1 million jobs.
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How? The Constitution does not guaranty you will have a job, it guaranty's you the opportunity to work if you want to.
Quote:
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Half of the money would go to state governments, which are facing big budget shortfalls, and half would be used for national infrastructure, including replenishing the Highway Trust Fund, rebuilding roads and bridges, and repairing schools.
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The Fed can say this money is for replenishing the Highway Trust Fund, rebuilding roads and bridges, and repairing schools, but look at New Orleans and hurricane Katrina, the money gets spent elsewhere at the cost of the tax payers.
Quote:
Obama announced his plan 27 minutes after a Labor Department report showed unemployment hit a four-year high of 5.7 percent in July — the highest rate since March 2004, when it was 5.8 percent.
“We need to do more,” Obama said in a statement. “That’s why today I’m announcing a two-part emergency plan to help struggling families make ends meet and get our economy back on track.
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During the Clinton era 5.7-5.8% unemployment was proclaimed as a low unemployent numbers. If Obama wants to get struggling families back on track, he would cut taxes and promote a fair tax plan and elimitate the progresive tax structure we enjoy today.
Quote:
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McCain reacted to the surprisingly dour jobs report with a two-paragraph statement: "Across this country, Americans are hurting and today's job numbers are just the latest reminder of the economic challenges we face. ... Unlike Sen. Obama, I do not believe that raising taxes is the answer to our economic problems. There is no surer way to force jobs overseas than to raise taxes on businesses.”
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More taxing=more reliance on the government dole.
Quote:
Obama announced his plan for a windfall profits tax on oil companies on June 9 in Raleigh, N.C., as he launched a two-week economic tour after clinching the Democratic nomination.
Friday’s proposal says Obama “is proposing to offset the cost of his emergency energy rebates over the next five years by enacting a windfall profits tax on big oil companies.”
“Obama simply asks that big oil companies contribute a reasonable share of the windfall profits they receive from high oil prices over the next five years to pay for emergency assistance for families right now,” the campaign says.
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Taxing or forcing oil companies to give, only means everybody pays more. Oil companies get richer and the gov gets more taxes.
Please let Obama stay on vacation and McCain forget where he is or what time it is.
Maybe it would be better if they stay on vacation until after November.
Quote:
Obama's 'emergency' economic plan
By: Mike Allen
August 1, 2008 10:53 AM EST
Sen. Barack Obama (D-Ill.) on Friday announced an “Emergency Economic Plan” that would give families a stimulus check of $1,000 each, funded in part by what his presidential campaign calls “windfall profits from Big Oil.”
|
How much of those windfall profits are being reinvested to resource developement? Resource development isnt cheap.
Quote:
The first part of Obama’s plan is an emergency energy rebate ($500 to individual workers, $1,000 to families) as soon as this fall.
“This rebate will be enough to offset the increased cost of gas for a working family over the next four months,” Obama said. “Or, if you live in a state where it gets very cold in the winter, it will be enough to cover the entire increase in your heating bills. Or you could use the rebate for any of your other bills or even to pay down debt.
|
Why not tax us fairly and let us keep more of what we earn? Instead of a forced redistribution of wealth?
Quote:
|
Separately, Obama’s plan includes a $50 billion stimulus package that his campaign claims would save more than 1 million jobs.
|
How? The Constitution does not guaranty you will have a job, it guaranty's you the opportunity to work if you want to.
Quote:
|
Half of the money would go to state governments, which are facing big budget shortfalls, and half would be used for national infrastructure, including replenishing the Highway Trust Fund, rebuilding roads and bridges, and repairing schools.
|
The Fed can say this money is for replenishing the Highway Trust Fund, rebuilding roads and bridges, and repairing schools, but look at New Orleans and hurricane Katrina, the money gets spent elsewhere at the cost of the tax payers.
Quote:
Obama announced his plan 27 minutes after a Labor Department report showed unemployment hit a four-year high of 5.7 percent in July — the highest rate since March 2004, when it was 5.8 percent.
“We need to do more,” Obama said in a statement. “That’s why today I’m announcing a two-part emergency plan to help struggling families make ends meet and get our economy back on track.
|
During the Clinton era 5.7-5.8% unemployment was proclaimed as a low unemployent numbers. If Obama wants to get struggling families back on track, he would cut taxes and promote a fair tax plan and elimitate the progresive tax structure we enjoy today.
Quote:
|
McCain reacted to the surprisingly dour jobs report with a two-paragraph statement: "Across this country, Americans are hurting and today's job numbers are just the latest reminder of the economic challenges we face. ... Unlike Sen. Obama, I do not believe that raising taxes is the answer to our economic problems. There is no surer way to force jobs overseas than to raise taxes on businesses.”
|
More taxing=more reliance on the government dole.
Quote:
Obama announced his plan for a windfall profits tax on oil companies on June 9 in Raleigh, N.C., as he launched a two-week economic tour after clinching the Democratic nomination.
Friday’s proposal says Obama “is proposing to offset the cost of his emergency energy rebates over the next five years by enacting a windfall profits tax on big oil companies.”
“Obama simply asks that big oil companies contribute a reasonable share of the windfall profits they receive from high oil prices over the next five years to pay for emergency assistance for families right now,” the campaign says.
|
Taxing or forcing oil companies to give, only means everybody pays more. Oil companies get richer and the gov gets more taxes.
Please let Obama stay on vacation and McCain forget where he is or what time it is.
Dang it I screwwed up the auto merge, didnt I?
