The Coach says it all!
Friday, October 31, 2008
What is Obama's Tax Plan Levels
What is Obama's definition of the rich?
I guess it depends on who you talk with. Obama says its $250,000, Biden has said its $200, 000 and then later it was $150,000. Now Governor Bill Richardson says its $120,000.
Please gentlemen, which is it!
I guess it depends on who you talk with. Obama says its $250,000, Biden has said its $200, 000 and then later it was $150,000. Now Governor Bill Richardson says its $120,000.
Please gentlemen, which is it!
Thursday, October 30, 2008
Check the numbers
I have stated on this blog that the measures that Barrack Obama wants to implement during his presidency do not measure up financially with all his proposed tax cuts.
His "spreading the wealth around" comment WILL increase every one's taxes. It will start with the expiration of the Bush Tax cuts from 2001 and 2003. From that point on everyone will have to share the burden.
Why do I bring this up again, it seems that CBS News is beginning to look at Obama's plans.
In case it goes down the memory hole, here it is in its entirety.
Maybe its time America wakes up and realizes that Obama is not the answer.
His "spreading the wealth around" comment WILL increase every one's taxes. It will start with the expiration of the Bush Tax cuts from 2001 and 2003. From that point on everyone will have to share the burden.
Why do I bring this up again, it seems that CBS News is beginning to look at Obama's plans.
In case it goes down the memory hole, here it is in its entirety.
(CBS) This story was written by CBS News correspondent Wyatt Andrews.
--------------------------------------------------------------------------------
Without question, the Barack Obama infomercial served as a very slick and powerful recitation of the biggest promises he's made as a presidential candidate. But the very bigness of his ideas is the problem: he seems blind to the concept his numbers don't add up.
Let's start with his highly suspect, and widely discredited, claim that he can find federal "spending cuts beyond the costs" of his promises. Very few independent economists believe he has identified the savings needed to offset his remarkable list of tax credits, tax cuts and spending pledges.
Fact: Even if you believe Obama intends to fix health care, most independent analysts say the cost is massive - $1.2 trillion over ten years, according to the highly respected Lewin Group. When the new Congress wakes up next year to a $1 trillion deficit, and answers the overwhelming new demands for another stimulus package, will the leadership really bite on a health care reform package that digs the deficit hole so much deeper?
And that's just the beginning of what Obama would spend.
Fact: The tax cuts he promises, which are mostly refundable tax credits (code for cash back), will cost $60 billion just in year one, according the National Taxpayers Union, though the Obama campaign's own estimates in July put that figure at $130 billion.
Fact: His new promise to give businesses a $3,000 tax credit for each new job created will cost $40 billion. But economists say this credit is far more likely to benefit companies already planning to expand and will likely not be enough to help companies create new jobs or forestall layoffs.
Fact: Obama's claim he will lower health care premiums by $2,500 is: 1.) guesswork, which is 2.) based on health care savings that might, in a perfect world, happen over 10 years - a fact Obama neatly glosses over.
Fact: Obama, when referring to savings he can make by leaving Iraq ($90 billion, according to Congressional Budget Office estimates), has spent these savings several times over, across several different promises depending on the crowd he's addressing.
Most of the time he spends the Iraq savings in the context of the roads he wants to build; sometimes it's for the teachers he wants to hire. Tonight, he riffed rhetorically on the savings, asking how many scholarships could be funded, or how many schools could be built. In the end though, presuming he really saves $90 billion, he can only spend it once.
Remember he also mentioned rebuilding the military ($7 billion/yr); his education initiative ($18 billion/yr); and his energy initiative ($15 billion/yr). He did not mention the $188 billion that he would spend on the brand new stimulus package he has proposed.
If he closes every loophole as promised, saves every dime from Iraq, raises taxes on the rich and trims the federal budget as he's promised to do "line by line," he still doesn't pay for his list. If he's elected, the first fact hitting his desk will be the figure projecting how much less of a budget he has to work with - thanks to the recession. He gave us a very compelling vision with his ad buy tonight. What he did not give us was any hint of the cold reality he's facing or a sense of how he might prioritize his promises if voters trust him with the White House.
Maybe its time America wakes up and realizes that Obama is not the answer.
Wednesday, October 29, 2008
Heritage Foundation's Quick Review of the Tax Plans
Tuesday, October 28, 2008
Josh Mandel Attack
It has been said quite a lot this campaign season how the Republicans are conducting a nasty negative campaign. I have written several times how I have thought the Democrats on the national stage were just as guilty in the negative campaigning, well I think I have seen or heard the most negative thoughts by a Democrat here in Cuyahoga county.
I learned of this from Joel Mowbray at Townhall.com.
To quote Mowbray's article:
Here is one outlet with what was said.
Here is Josh Mandel talking about this slam
Unfortunately, this story is beginning to be picked up by some of the big bloggers, like POWERLINE and BLACKFIVE
Not a good political move by the Mr or Mrs Belovich.
I learned of this from Joel Mowbray at Townhall.com.
To quote Mowbray's article:
The opponent in his tough re-election fight, trial attorney Bob Belovich, is attacking Mr. Mandel’s service, arguing that he abandoned voters. Mr. Belovich’s wife, Barbara, acknowledged in an interview for this column that she has told voters that Mr. Mandel “went AWOL” (a military term for desertion) by fighting in Iraq.
Even Mr. Mandel’s motives for serving in Iraq are being questioned. Mrs. Belovich claimed in an interview with this columnist that Mandel “put his personal ambitions ahead of his constituents.” Asked why anyone would enter a war zone out of “personal ambition,” Barbara Belovich replied curtly, “Certainly he wasn’t serving our needs.”
Here is one outlet with what was said.
Here is Josh Mandel talking about this slam
Unfortunately, this story is beginning to be picked up by some of the big bloggers, like POWERLINE and BLACKFIVE
Not a good political move by the Mr or Mrs Belovich.
Interesting Voter Registration Order
A Federal District Court judge has ruled that the homeless can use a park bench or other locations that aren't buildings as their address for being eligible for voting.
What does another World Leader think of Obama?
From Haaret.com
Here is a report regarding comments made by French President Nicholas Sarkozy:
Here is a money quote:
Here is a report regarding comments made by French President Nicholas Sarkozy:
Here is a money quote:
Following their July meeting, Sarkozy repeatedly expressed disappointment with Obama's positions on Iran, concluding that they were "not crystallized, and therefore many issues remain open," the Israeli source said. Advisors to the French president who held separate meetings with Obama's advisors came away with similar impressions and expressed similar disappointment.
Cleaning Up Washington
Barack Obama has made a hallmark of his campaign the idea that Middle America will be the driving force for his campaign and not let Corporate Lobbyists dictate to him what should be done.
He also has take to task the McCain campaign about the lobbyist running his campaign. But here is this report from CBS regarding following the money trail on the donations to the Obama campaign.
Pay attention to the end when it breaks down the Wall Street contributions:
Hypocritical?
The More things CHANGE the more they stay the same!
He also has take to task the McCain campaign about the lobbyist running his campaign. But here is this report from CBS regarding following the money trail on the donations to the Obama campaign.
Pay attention to the end when it breaks down the Wall Street contributions:
Hypocritical?
The More things CHANGE the more they stay the same!
Monday, October 27, 2008
Judicial Elections
Once again this election cycle, here is a website to help you look at what the lawyers think of the judicial races.
www.Judge4Yourself.com.
To start with, for the the Ohio Supreme Court select Maureen O'Connor over Joseph Russo and
Evelyn Stratton over Peter Sikora.
www.Judge4Yourself.com.
To start with, for the the Ohio Supreme Court select Maureen O'Connor over Joseph Russo and
Evelyn Stratton over Peter Sikora.
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