I see Barnicle got the message loud and clear from the White House — START SUPPORTING OUR PRESIDENT no matter what!

How ironic for this cretin to accuse conservatives of not living in the real world when our unicorn in chief hasn’t held a “real” world job in his entire sold out, political life.

LMAO omg these libs are ironicaly amazing!

Every Leftist Media Elite Hack uttering the words ‘Real World’ live in mansions and ‘Live Large.’ Everyone knows this to be true. Barnicle himself is a millionaire who wouldn’t know the ‘real world’ if it bit him in the Dick.

“The Republicans, who control the House and now have greater control of the Senate, have now decided — having tripled the debt in the 12 years before I took office and doubled it since I left — that it’s all of a sudden the biggest problem in the world” – Bill Clinton

Fact: Cure to all problems for a liberal democrat is to tax and spend their way out all others must comply. These people are nuts that follow Obama off the cliff.

Perhaps Mr Obama’s class-warfare rhetoric has poisoned the environment for normal dialogue? And perhaps the 2011 budget resolution, that was started out with $100 billion in savings and ended up as only $1-$2 billion — or maybe it was really an increase? — perhaps that also damaged the possibility for a free give-and-take?

The Republicans trooping up to the White House know several things. First and foremost, they know that Barack Obama cannot be trusted; so they will insist on everything in writing and maybe Obama will be asked to initial each page. He is not an “honest broker”; there is nothing about him that is honest.

Did I mention that Barnicle is an idiot? Well, he is. Morning Joe? Never watch it. Mika Brzezinski? I never liked her father either.

Jackie_Treehorn said:
“The Republicans, who control the House and now have greater control of the Senate, have now decided — having tripled the debt in the 12 years before I took office and doubled it since I left — that it’s all of a sudden the biggest problem in the world” – Bill Clinton

Fact: Bill Clinton only followed Newt Gingrich’s balanced budget when he was forced to do so!

Hey Mike, the Republican’s are the ONLY ones who have put forth ideas on fixing the economy. The Dem’s refuse to even produce a budget.

Just4thefax said:
Fact: Bill Clinton only followed Newt Gingrich’s balanced budget when he was forced to do so!

Yeah, that’s a FACT they choose to forget.

Liberal Tormentor - tormenting liberals with logic and facts since 1972 said:
Yeah, that’s a FACT they choose to forget.

Fact: That was even after Ronald Reagan got the economy moving at a growth rate of over 5% with a tax increase that didn’t effect squat.

Liberal Tormentor - tormenting liberals with logic and facts since 1972 said:
Yeah, that’s a FACT they choose to forget.

They(libturds) Choose to ignore….

The Republican National Committee

http://www.youtube.com/user/rnc

Barnicle and Morning Joe just trying to make this president successful!

http://newsbusters.org/blogs/mark-finkelstein/2011/07/01/mika-morning-joe-being-pressured-invite-more-pro-obama-flacks

It is hilarious how the Democrats want to talk about who is in charge of what now, when they’ve been the ones in power since 2006.

Actually, after the tea party bitch slapped the GOP, they have finally woken up to the real world where over spending and raising the debt to conceivable levels has consenquences that need to be dealt with by cutting spending….not raising taxes or the debt ceiling.
It is the Democrats who live in lol lol land!!

Just4thefax said:
Fact: Bill Clinton only followed Newt Gingrich’s balanced budget when he was forced to do so!

FACT: The Big Dog got his tax hikes through without a single Repug vote.

FACT: Bill Clinton VETOED damn near 25 appropriation bills after the Repugs took over.

FACT: Reagan blew up the budget and the debt, Pappy Bush compounded the mess, Clinton changed the curve to “surpluses as far as the eye can see” and Dubya blew that all to hell and gone.

FACT: Repugs have gone from simply a collection of fiscally irresponsibility oligarchs fueling religious wing-nuts to a suicide cult. of fools.

Dronetek Bulk Vanderhuge said:
Barnicle and Morning Joe just trying to make this president successful!

http://newsbusters.org/blogs/mark-finkelstein/2011/07/01/mika-morning-joe-being-pressured-invite-more-pro-obama-flacks

It is hilarious how the Democrats want to talk about who is in charge of what now, when they’ve been the ones in power since 2006.

What’s hilarious is a “media” site like Mediaite, ignoring that story.

Roy de Placitas said:
FACT: The Big Dog got his tax hikes through without a single Repug vote. FACT: Bill Clinton VETOED damn near 25 appropriation bills after the Repugs took over. FACT: Reagan blew up the budget and the debt, Pappy Bush compounded the mess, Clinton changed the curve to “surpluses as far as the eye can see” and Dubya blew that all to hell and gone. FACT: Repugs have gone from simply a collection of fiscally irresponsibility oligarchs fueling religious wing-nuts to a suicide cult. of fools.

Fact: Clinton only knew how to balance time between interns and had to rely on the goodness of the republicans in charge of both Congress and Senate. He only signed what republicans gave him. Period. Thus anything good he signed was republican legislation. Try blowing smoke up somebody eleses a$$.

These spendaholics miss the point- its NOT “we’ll give you spending cuts in exchange for revenue increases to get a budget ceiling raise” it IS “we’ll agree to one more ceiling raise if there are significant spending cuts”.
The notion that we will only cut if you give us more of your money to spend is exhibit A of what the Tea Party is fighting.

this is fast becoming a very common observation of the GOP.

but for us who actually *have* been living the real world the past 11 years,
it was always a common observation.

the only defense our mediaite conservatives have for not rescinding the bush
tax cuts at this point is: they simply don’t trust politicians to spend the revenue
in an “appropriate” manner (translation: we would rather have the middle
class pay more of the bill, even though we, too, are middle class)

memo to our mediaite conservative commenters:

although the wealthy do pay a higher portion of the overall tax bill, they pay
a lower tax RATE than the middle class. and that you continue to defend
these bastards is all we need to know about how our “liberal” media continues
to deceive and misinform otherwise educated people.

Colorado_Conservative said:
Actually, after the tea party bitch slapped the GOP, they have finally woken up to the real world where over spending and raising the debt to conceivable levels has consenquences that need to be dealt with by cutting spending….not raising taxes or the debt ceiling.
It is the Democrats who live in lol lol land!!

yeah, why on earth would you want to raise anymore revenue at a time like this,
or ask that the wealthy pay a higher tax rate than the middle class?

those are very, very unamerican values.

Just4thefax said:
Fact: Bill Clinton only followed Newt Gingrich’s balanced budget when he was forced to do so!

you seem to forget (yet again) that clinton’s tax rates were MUCH higher
than obama’s

Bobomatic said:
How ironic for this cretin to accuse conservatives of not living in the real world when our unicorn in chief hasn’t held a “real” world job in his entire sold out, political life.

bush had a “real” job, and he only ended up destroying the most powerful country
in the world

Not to defend the wealthy, but isn’t their tax rate already higher than that of the middle class?

Barnicle, Fox News, none of them live in the real world… President Obama’s proposed 2011 budget of 3.6 trillion dollars represents 28% of our country’s 12.615 trillion dollar GDP for 2010, add to that spending at the state level which represents 10% of the GDP and local governmental spending which represents 5% of our GDP you arrive at the fact that our governments already control 43% of the GDP in this country. Sadly they collect much less than that in taxes which means they are spending our countries future output before it is created leaving an ever decreasing share of our countries bounty for those who create it. Personally I do not know the line that when crossed defines a socialism as opposed to capitalism, but I would argue that as our government consumption approaches 50% of GDP it can be argued that we are becoming a socialist society. If that is the will of the people of this country, then so be it, but our politicians as well as the press should have the integrity to pose the questions facing our society directly and honestly.
The current arguments coming from Washington are disingenuous at best, we are talking about corporate jets and oil companies, easy villains for most hard working Americans as our political class bases it’s arguments deep in class warfare. I would hope that the American people can see that our politicians exercise great effort on both sides of the aisle to avoid making the decisions that would affect their ability to be lobbied and politically supported by special interest. The answers are not so hard, and have been in the public arena for years now. Why do we have a 38,000 page tax code? Why does our government continuously take up regulation that solves few problems but does much to change the competitive landscape, or pleases a particular interest. In my opinion it comes down to special interest groups and the power that their lobbyist and PAC’s weld in the political process.
Answers are not as hard as your politicians would have you believe, instead of the 38,000 page tax code that has over the years been filled with favor to special interests, why can it not be replaced by a simple flat tax with the only exemptions being those of personal exemptions to account for the less fortunate amongst us? I think that even Herman Cain could sign it as it would only require 3 to 4 pages to write. If we are tired of seeing the bankers and Wall Street tycoons walking away with obscene profits why the rest of the country struggles why not tax short-term gains as personal income leaving the long term gains at the 15% level which is a relatively just rate as there is not accounting for the adverse inflationary impact on long term capital.
As our politicians try to confuse us by talking about saving so many trillions of dollars in their current effort to raise the debt ceiling they are still incapable of having an honest discussion with the American people . The trillions in savings they are talking about are projected far out into the future while the increases in the national debt far outstrips any proposed savings. Fixing our problems would do little to preserve the power of our current political class so I am not hopeful that any substantive changes will occur, instead we can look forward for the continued stirring of the pot of class and ethnic warfare, and the deterioration of our country both at home and abroad.

re-writer said:
Not to defend the wealthy, but isn’t their tax rate already higher than that of the middle class?

dividends/capital gains are taxed at 15-16%, where the bulk of their income comes from

i have about 1/3 of my income taken out of my check

gefforyk said:
Barnicle, Fox News, none of them live in the real world…

so you don’t think congress should rescind tax breaks for large corporations and
oil companies, or raise taxes on the upper 2%?

you don’t think raising revenue is imperative at this point at all?

the democrats have already agreed to massive spending cuts, but want republicans
to at least bring tax increases to the table, and they won’t, because they signed
some antiquated (and totally retarded pledge) to never raise taxes, even though
the country can easily afford it.

and as for the corporate jet tax loophole: sheesh, are you defending that, too?!

I also agree with the flat tax. Do away with that massive amount of legalese that allows the rich to dodge their fair share. And no, the rich aren’t all conservatives. That includes the liberal ones, too.

republicans don’t actually care about tackling the debt, otherwise they’d be fully in
support of tax increases and cuts in subsidies to oil companies/corporations

their REAL goal (for 31 years now) is to destroy the social safety net completely.

that is what this entire deficit hysteria is all about. they hate government, always
have, and will do whatever they can to destroy it once and for all.

also, they’re (mostly) racist and nativist, and therefore, ANY kind of social program
which helps minorities? they hate.

re-writer said:
I also agree with the flat tax. Do away with that massive amount of legalese that allows the rich to dodge their fair share. And no, the rich aren’t all conservatives. That includes the liberal ones, too.

so, you think that janitors and hedge fund managers should pay the same rate?

darladoon, the rhetoric doesn’t help. Bush spent more on social programs than Clinton. I know you like to think that all of the evil rich are Republicans, and if there do happen to be any rich Democrats, they’re the nice ones. Real life doesn’t work like that.

re-writer said:
darladoon, the rhetoric doesn’t help. Bush spent more on social programs than Clinton. I know you like to think that all of the evil rich are Republicans, and if there do happen to be any rich Democrats, they’re the nice ones. Real life doesn’t work like that.

i don’t care about political parties, i care about fairness.

i don’t think that hedge fund managers, who are having an extraordinarily successful time
right now, while the rest of country is suffering hard, are paying enough.

capital gains/dividends at 15%?!

that’s outrageous.

the country is not broke. billionaires are sitting on cash, or investing in china, and not
sharing the burden.

and i say we go after these people.

the flat tax has been widely debunked by sober economists…..

re-writer said:
darladoon, the rhetoric doesn’t help. Bush spent more on social programs than Clinton. I know you like to think that all of the evil rich are Republicans, and if there do happen to be any rich Democrats, they’re the nice ones. Real life doesn’t work like that.

bush spent more on social programs than clinton? i fail to understand a point here.

bush also started two totally unnecessary trillion dollar wars AND cut taxes for the
wealthiest (and when i mean “wealthiest” i mean the top 0.01 of 1% got the most).

so, he couldn’t use a calculator. clinton balanced the budget at least.

darladoon said:
so, you think that janitors and hedge fund managers should pay the same rate?

Personal exemptions can be added to the flat tax to protect the working poor… it is not so hard, so lets say a family of 4 earning 50,000/year might have the first 30,000 or 40,000 exempted from any taxes, and yes at a 20% tax rate with no loopholes I think that a person making 192,000.00 on a million dollar income is doing as much as the family paying 2,000 on a 50,000 income.

If everyone is paying the same percentage of their income, how is that unfair? Admit it, darladoon. In your mind, there are no rich liberals or Democrats. All of the wealthy are conservative Republicans. And since you hate conservative Republicans, you want to see them punished. Guess what? You’re going to be punishing just as many Dems.

Democrats know all about the world of fantasy. In fact, in their world the US government can never spend too much of the taxpayers money and our $14 Trillion dollar deficit is meaningless.

Perdido said:
If everyone is paying the same percentage of their income, how is that unfair? Admit it, darladoon. In your mind, there are no rich liberals or Democrats. All of the wealthy are conservative Republicans. And since you hate conservative Republicans, you want to see them punished. Guess what? You’re going to be punishing just as many Dems.

fyi: i’m not a member of, nor do i support, the democratic party. i just happen to believe that
raising taxes right now on the upper 2% is a totally common sense solution.

now, on the flat tax: a flat tax will not raise enough revenue to cover our needs. take the 1%
flat property tax to cover public schools in california. DOESN’T WORK. our schools used
to be the envy of the country, and now they are in shambles because nobody wants to pay
for schools.

Azarkhan said:
Democrats know all about the world of fantasy. In fact, in their world the US government can never spend too much of the taxpayers money and our $14 Trillion dollar deficit is meaningless.

what do you think we shouldn’t be spending money on right now?

just list a few examples.

So Bush spending more on social programs than Clinton doesn’t count, because Bush specified that the money only go to white people. Ah, the far left mindset.

more reasons to oppose the flat tax: “All flat tax proposals exclude income below a certain level from taxation in order to provide relief for low income taxpayers. In addition, most flat tax proposals do not tax investment income. Since wealthier taxpayers have more investment income, they will effectively be charged a lower tax rate than middle income taxpayers. It’s not hard to see why wealthy taxpayers oppose the taxation of investment income.”

Perdido said:
So Bush spending more on social programs than Clinton doesn’t count, because Bush specified that the money only go to white people. Ah, the far left mindset.

i didn’t say it doesn’t count. i said it was irrelevant to the discussion at hand.

bush gave HUGE breaks to the ultra-wealthy while starting two unnecessary wars.

how is that…….smart?

it has nothing to do with the “left mindset”

That’s why our ponderous tax code should be changed. Just write it so that no matter the source of the income, here’s the percentage you pay. Apply it to everyone.

darladoon, you were the one saying that Republicans are racist and don’t want safety nets for the poor. So did Bush specify that his social spending was only for white people? Could you provide some links proving that?

Perdido said:
That’s why our ponderous tax code should be changed. Just write it so that no matter the source of the income, here’s the percentage you pay. Apply it to everyone.

your ducking the problem, again.

we can’t change the tax code now.

we have to raise revenue.

perfect example of conserva-lunacy:

when asked “how do we balance the budget?”

we respond “raise taxes and cut spending”

and they say: “no tax increases”

we say: “why not?”

they say: “well, we can’t raise taxes EVER”

we say: “but it will raise needed revenue to pay for……things we need”

and they say: “well, then, change the tax code”

darladoon said:
i don’t care about political parties, i care about fairness. i don’t think that hedge fund managers, who are having an extraordinarily successful timeright now, while the rest of country is suffering hard, are paying enough. capital gains/dividends at 15%?! that’s outrageous. the country is not broke. billionaires are sitting on cash, or investing in china, and notsharing the burden. and i say we go after these people. the flat tax has been widely debunked by sober economists…..

Darla, When my father sold his small business and retired he invested a substansial amount of money into a working cattle ranch back in the late 70′s… some twenty years later when after he had had a stroke the family was forced to sell that ranch at what amounted to a sizable profit on paper, and had to pay gains taxes at some 35% on the gain. What was not taken into consideration in calculating those taxes was that the dollars used to purchase that ranch in the late 70′s had much more buying power than the dollars recieved in the sale of that property in the late 90′s. In real dollars the family had lost money in the purchase and sale of that property, but the government still presented my mother and father a $300,000 tax bill. The reason that the gains tax was reduced was that it was so significant back then that it froze capital, people would not sell their stocks and securities as they did not feel that they could afford the taxes especially on long term investments so a large portion of our country’s capital sat idle. That all changed after the gains taxes were lowered to 15% and we saw a much freer flow of capital. Even so I think that the abuses of the banks and Wall Street Hedge fund managers offends many Americans, conservatives and liberals alike. Again I suggest that long term gains.. on capital owned 5 or more years can be taxed at a lower rate than those of Hedge fund managers who turn their assets short term.. I would even go so far to suggest that short term gains be taxed at the highest rates in our tax codes, as those bastards are ruthless and should be taxed as such….

darladoon said:
so, you think that janitors and hedge fund managers should pay the same rate?

Ummmm…Yea….can you tell me why they shouldn’t? Should a car salesman and a guy working at Wal-Mart pay different taxes? Should a bartender pay the same rate as an airline pilot? Should YOU (in your cubicle) pay the same rate as WE WORKING Americans?…..YES!….But should being a Moron(like you)have a different ‘rate’ …Well…..Hmmmmmm……..Let me rethink this….HA!

Perdido said:
darladoon, you were the one saying that Republicans are racist and don’t want safety nets for the poor. So did Bush specify that his social spending was only for white people? Could you provide some links proving that?

so you don’t think the GOP supports cuts to the social safety net?!

uh, ever heard of…….paul ryan?

that’s they’re basis for governing; they hate government.

the prime beneficiaries of government programs are poor people, many of whom
are non-white. right?

but who *really* ended up benefiting from the bush years? i think that answer is
clear.

So darla, no matter how much Bush increased spending on social programs, you’re sticking with the line that he wasn’t helping the poor. As for increasing taxes on the rich to pay down the national debt, there are 400 billionaires in the U.S. So even if we took every dime from all of them, every dime they have, it would pay off around ten percent of it. You’re not being realistic.

Happy this is becoming a mainstream opinoin, the GOP is basically nuts. They don’t follow any sort of logic besides insulting Obama and Democrats.. they literally have NOTHING else going on. There is no Republican plan, no nothing. Just a bunch of pathetic losers that always stick together against their individual values.. FOLLOWERS NOT LEADERS.

The Republicans in congress are pathetic, they are the reason government doesn’t work correctly. They are literally trying to hurt our economy now to make Obama’s election go bad.

The funny thing though? We can all see this now, the entire public can so now people know Republicans are living in a strange fantasy world where what’s best for Americans is not their top priority.

Republicans are trying to stop Democrats from running up the limit on the national credit-card so high that our country is no longer taken seriously by the rest of the globe, from a fiscal standpoint – and it’s REPUBLICANS who don’t live in the real world !!!!!!??????

Time to update Shakespeare’s list:

1) Lawyers
2) Media

Laddy Go-Rod said:
Republicans are trying to stop Democrats from running up the limit on the national credit-card so high that our country is no longer taken seriously by the rest of the globe, from a fiscal standpoint – and it’s REPUBLICANS who don’t live in the real world !!!!!!?????? Time to update Shakespeare’s list: 1) Lawyers2) Media

You have no concept of the Debt limit or that Republicans raised it 19 times during Bush’s presidency.. stop talking about stuff you don’t undertand.

Snowspot said:
Happy this is becoming a mainstream opinoin, the GOP is basically nuts. They don’t follow any sort of logic besides insulting Obama and Democrats.. they literally have NOTHING else going on. There is no Republican plan, no nothing. Just a bunch of pathetic losers that always stick together against their individual values.. FOLLOWERS NOT LEADERS.

The Republicans in congress are pathetic, they are the reason government doesn’t work correctly. They are literally trying to hurt our economy now to make Obama’s election go bad.

The funny thing though? We can all see this now, the entire public can so now people know Republicans are living in a strange fantasy world where what’s best for Americans is not their top priority.

Wow Wetspot..Keep drinking the Kool-aid. The repubs are the ONLY ones with a plan. And a budget. Quit following what ever site your getting your ‘news’ from….Start watching FNC….(I’m just kidding…I know you don’t even have a television…and you just have an hour to ‘use’ your local librarys puter….) But you just made another penny…

darladoon said:
so you don’t think congress should rescind tax breaks for large corporations andoil companies, or raise taxes on the upper 2%? you don’t think raising revenue is imperative at this point at all? the democrats have already agreed to massive spending cuts, but want republicansto at least bring tax increases to the table, and they won’t, because they signedsome antiquated (and totally retarded pledge) to never raise taxes, even thoughthe country can easily afford it. and as for the corporate jet tax loophole: sheesh, are you defending that, too?!

No actually I don’t, at 43% of GDP I think that our government has over reached… But I do however think that it is time for a complete overhaul of a system that has been bought and paid for by special interest and return the focus of government back to the good of the people instead of that of political careers and special interest. How can anyone defend a 38,000 page tax code? I think that a person should not need professional services to simply pay their taxes… When you talk about things such as corporate jets and oil companies you should know that the corporate jet the president speaks of would only generate 3 billion dollars in tax revenue over the next 10 years, and that by singling out the oil companies the president would save something like 50 billion over a 10 year period. This is just class war rhetoric that the president is so good at, it solves nothing… All this noise he has added to the conversation while his budgets add some 10 + trillion dollars to our national debt while he touts his 53 billion in saving at the expense of putting the american people at each others throats the system is broken and our politicians are stepping to the plate to fix it, republicans nor democrats have the political will… Tell me Darla, how does this all end, can we continue to spend beyond all our means, with 47% of our country not paying Federal income tax, just how much should others pay, is there a real sense of fairness in continued cry from democrats to just tax the rich? How much of the GDP does the government deserve? I think that many in this country are willing to sacrifice but only if the government can demostrate to them that the sacrifice is worthy, that things will be different. Where did the mandate of an ever growing government come from and why is it necessary? As long as the government feels that it can spend millions to watch shrimp on treadmills then I think that you will see that many Americans will feel that the government recieves more than it’s share of our wealth in taxes…. When our government shows restraint and responsible governance, they will see a populace more willing to share in solving the problems of the future, if they continue to act as reckless as they have and still do, you will see resistance to trust them with any more than they already recieve…. 800 billion in stimulus???? and for what, where are the new roads? Where are the new Schools?.. No the money is gone, nothing to show but the re-elections of Harry Reid, Nancy Pelosi, and a few others.. No Darla, they do not deserve any more of our money, they can’t be responsible with that which they already recieve.

Since the election in 2008 it appears that no one is living in the real world. Few know what really happened and some of us are exposing all of it http://alturl.com/we36z

Barnicle is the classic example of the liberal “common man” poseur. His editorial style and slant try to evoke care of the ‘working class’, as if he was part of it – while he (and his B of A Senior Executive wife) live as multi multi millionnaires in an exclusive suburb far from the city. He’s the kind of guy who would publicly spurn Starbucks for Dunkin’ Donuts, as if such a stance mattered, in order to maintain appearances.

Pretending we don’t have dept and advocating we spend more isn’t living in the real world. Neither is demonizing companies that fund this spending, while allowing companies like General Electric to get off tax free while receiving billions of dollars from the federal government.

Not that stubbornness on the Republican’s part is any better. There’s an excessive amount of delusion going around for everyone.

“We don’t need to tell the rest of the world that anytime people in Congress start throwing a tantrum that we’re not going to pay our bills,”
–Warrent Buffett

The “regulars” on MSNBC’s “Morning Joe” live in the “real” world.

If that’s so, it’s a “world” on a different planet from most of Americans here on planet Earth.

wow, asking oil companies and billionaires to pay a little more is…..

“class warfare”

again, more evidence we are in the midst of an orwellian nightmare when
average, middle class people believe such things.

sure, the corporate jet tax loophole is peanuts in the overall debt, but as an
accountant, shouldn’t you be looking for any savings you can get, espeically
the most egregious kind?!

seriously! why do billionaires need a TAX CUT to purchase a private jet?!

that’s outrageous!

you can’t pretend to be oh so concerned about the debt, and then not welcome
any kind of savings you can get.

republicans, and their sheep in middle america, are absolutely moronic, and really
truly only care about the upper 2%’s needs, and not the needs of average people.

82% of americans (!!) want taxes raised on the upper 2%.

Roy de Placitas said:
Just4thefax said:
“Fact: Bill Clinton only followed Newt Gingrich’s balanced budget when he was forced to do so!”

FACT: Bill Clinton VETOED damn near 25 appropriation bills after the Repugs took over.

Vetoed because they did not authorize as much spending as he wanted. (kind of a key item for you to forget to mention)

darladoon said:
wow, asking oil companies and billionaires to pay a little more is…..

“class warfare”

Let’s discuss this honestly. The Section 199 Deduction was created in 2004 for all domestic companies that produces goods — clothing, roads, electricity, water, and oil or natural gas. It was a 9% tax cut for all eligible companies except gas and oil companies, which only got a 6% cut.

Now Mr Obama says that oil and gas companies should lose this deduction completely.

I have a better suggestion: get rid of the Section 199 Deduction completely, and just lower corporate tax rates for all companies. Get rid of all similar deductions, credits, and loopholes, and cut the tax rate. But do not punish gas and oil companies because they are successful — certainly not when we are trying to become more energy independent.

As for the other “tax breaks” some, like the oil depletion allowance, have been round since 1913 when the first income tax law was passed. Maybe it is no longer needed, but maybe it is; this should be discussed, but not in the heated debate over whether oil companies are evil and ought to be punished.

Lastly, companies which pay taxes or royalties to the governments of other countries have not been nor should they be taxed on these payments — this is not income and should not be considered taxable income. The Obama administration wants to double-tax oil and gas companies on revenues earned in other countries — which would be unfair if they did this to all companies but especially unfair to single out oil companies.

As for billionaires… Mr Obama has not proposed a single tax increase that will materially affect billionaires. He like to say that he only wants to raise taxes on “millionaires and billionaires”, but that’s a flat-out lie. (Yes, the president is a liar.)

All the tax increases Mr Obama has proposed would mainly hit the upper middle class — the entrepreneurs with their own companies who make $200k or more (and sometimes less). These are the people who want to become millionaires someday, but these tax changes would make it almost impossible for them to attain their goals.

Actual mega-millionaires and billionaires, many of whom are supporters of the Democrats, have nothing to fear from Mr Obama. Their wealth is safely sheltered in real estate or or tax-exempt municipal bonds or other investments that are taxed lightly or not at all. They have their wealth and Mr Obama is not trying to take any of it away from them.

The people who create most of the new jobs in America are the ones who start new businesses — businesses that start small and grow. These entrepreneurs are the primary targets for Mr Obama and the Democrats. He attacks the job-creator class mercilessly for three years and wonders why unemployment remains so high — he is an idiot and Democrats in general are idiots.

Barnicle is sooooooooooooooo right.

J Baustian….”Mr Obama and the Democrats. He attacks the job-creator class mercilessly for three years and wonders why unemployment remains so high — he is an idiot and Democrats in general are idiots.”

The “job creator” class? These guys have had their tax breaks for a decade. Where are the jobs? What jobs are they creating? This ‘job creator class” business is a myth and a lie. Show me the jobs they’ve ‘created’. They’ve had ten years….and you, Mr. Baustian, call our President and all others who disagree with you ‘idiots’. Look in the mirror and see who had been duped and propagandized into spouting conservative talking points regardless of the facts. Where are the jobs ‘job creators’? These people don’t use their savings to create jobs…they use them to create more weath for themselves. Take your head out of the sand and admit what is really going on. Who is the idiot, Mr. Baustian?

Paladin said:
and you, Mr. Baustian, call our President and all others who disagree with you ‘idiots’. Look in the mirror and see who had been duped and propagandized into spouting conservative talking points regardless of the facts. Where are the jobs ‘job creators’? These people don’t use their savings to create jobs…they use them to create more weath for themselves. Take your head out of the sand and admit what is really going on. Who is the idiot, Mr. Baustian?

Creating a job involves taking a risk: is this potential employee going to make money for me, or will hiring him end up costing me more than he’s worth? Will putting him on the payroll cost me so much for insurance and payroll taxes added bookkeeping, that it makes more sense to pay time-and-a-half to the guys he already employs?

But to create lots of new jobs involves creating new businesses — to hire 50 or 100 or 500 people to work for a company that didn’t exist before. This involves a great deal of risk, far more than just hiring a few people for an existing business.

Mr Obama, from the day he took office and actually from the day his election seemed secured, has injected far more risk into the equation. If you think about almost every kind of business, whether it’s producing a product or a service, there are new regulations and new obligations and the fear of new taxes that must be entered into the equation. Practically every private-sector industry has felt the heavier hand of government. Obama’s policies do not encourage the building of new factories — they encourage the shuttering of existing factories. His policies do not encourage entrepreneurs to take chances on new inventions and new products — his policies encourage entrepreneurs to retire and spend more time on the golf courses, until the business climate improves (and hopefully it will).

As for me calling Barack Obama an idiot, I’m not going to apologize for that — not until you and all your fellow travelers apologize for calling President Bush “Chimpy McHitler” and a war criminal and even worse.

Barack Obama was raised in a Marxist household. His family and mentor in Hawaii, his professors at Occidental and Columbia and Harvard, his friends and colleagues in Chicago were all Marxists. He has never known how the capitalist system is supposed to work, because his goal in life is to destroy capitalism. He has never worked in the private sector; he would not last more than a day or two if put in charge of a gas station or a sandwich shop. He has never created a single job in his life, but his ego will not allow him to admit that his policies have destroyed over two million jobs already and will destroy even more before he leaves office in January 2013.

Didn’t Obimbo extend the Bush tax cuts? Tax cuts he now owns. In the future, any discussion of the tax cuts should be prefaced by saying, “the Obimbo tax cuts”.
l think Barnicle should have said Republicans are not living in the Democratic-world. The world of “denial”!!

Mike Barnicle is an absolute idiot. Barry and company has been speding and centralizing money and power in Washington. Some republicans are trying to stop it. If stupid Mike wants to live in a banana republic move and take the rest of his marxist freinds with him. Redistribution of wealth by a centralized government is always a failure. People founded our country on the prinicple of freedom and control over your life. Barry is absolutiely moving us back to a dictatorship through regulation and taking from some people and “giving” it to others. This is causing more and more people to rely on the federal government for their livelyhood. It is not sustainable.