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1 Obama's Policy on Thu Oct 23, 2008 9:44 pm

SSC


Admin
By Liz Peek
Financial Columnist www.Foxnews.com

Among the many alarming developments of the past several weeks is this: Senator Obama may become President Obama thinking that his economic policies put him in the White House.

It is ironic that the collapse of the financial markets appears likely to cinch Obama’s victory, when in fact he has been virtually mute on how to stem the disaster. While McCain threw himself on the pyre of the economic bonfire, Obama retreated and watched his rival go up in flames. Let’s face it, neither Obama nor McCain can be held accountable for the meltdown of our financial markets. But, voters have turned the crisis into a referendum on Republican economics writ large, and McCain is the loser.

In all the excitement, let us not lose track of the truly alarming economic policies that Senator Obama has previously championed. While some of his proposals appeared merely harmful in good times, in the current maelstrom they turn downright dangerous. Senator Obama, for instance, supports the pro-union Employee Free Choice Act, which virtually eliminates the opportunity for workers to vote for union membership via secret ballot. This could reverse the long-term decline in union membership in the U.S. –- a drop that has helped rein in ballooning and uncompetitive manufacturing costs.

He also endorses policies like extending the Family and Medical Leave Act to companies with as few as 25 employees –- in other words, your neighborhood restaurant. The last thing small businesses –- the most vibrant sector of our economy — need is Big Brother telling them how to manage their employee policies.

He has also advocated a windfall profits tax on oil companies. I cannot think of anything more likely to squelch the much-needed ramping up of spending by energy producers that is currently underway than the specter of a punitive taxation on cyclical profits.

It is, however, Mr. Obama’s populist aversion to free trade that is especially worrisome, since many tie the prolonged depression of the 1930s to a similar brand of protectionism. Obama wants to re-write NAFTA, and has opposed new agreements with countries friendly to us like South Korea and Columbia. In throwing himself in front of these accords, Mr. Obama has shockingly embarrassed our friends, while all the while decrying the demise of U.S. popularity around the world.

Our friends might say, “Actions speak louder than words.” As to actions, is it just my imagination or does the stock market fall off a cliff every time Mr. Obama’s lead widens?

2 Obamas Policy on Thu Oct 23, 2008 10:41 pm

gypsy


Moderator
http://www.barackobama.com/issues/economy/




The Problem

Wages are Stagnant as Prices Rise: While wages remain flat, the costs of basic necessities are increasing. The cost of in-state college tuition has grown 35 percent over the past five years. Health care costs have risen four times faster than wages over the past six years. And the personal savings rate is now the lowest it's been since the Great Depression.

Tax Cuts for Wealthy Instead of Middle Class: The Bush tax cuts give those who earn over $1 million dollars a tax cut nearly 160 times greater than that received by middle-income Americans. At the same time, this administration has refused to tackle health care, education and housing in a manner that benefits the middle class.
Barack Obama and Joe Biden's Plan
Jumpstart the Economy

* Enact a Windfall Profits Tax to Provide a $1,000 Emergency Energy Rebate to American Families:Barack Obama and Joe Biden will enact a windfall profits tax on excessive oil company profits to give American families an immediate $1,000 emergency energy rebate to help families pay rising bills. This relief would be a down payment on the Obama-Biden long-term plan to provide middle-class families with at least $1,000 per year in permanent tax relief.
* Provide $50 billion to Jumpstart the Economy and Prevent 1 Million Americans from Losing Their Jobs: This relief would include a $25 billion State Growth Fund to prevent state and local cuts in health, education, housing, and heating assistance or counterproductive increases in property taxes, tolls or fees. The Obama-Biden relief plan will also include $25 billion in a Jobs and Growth Fund to prevent cutbacks in road and bridge maintenance and fund school re­pair - all to save more than 1 million jobs in danger of being cut.

Provide Middle Class Americans Tax Relief

Obama and Biden will cut income taxes by $1,000 for working families to offset the payroll tax they pay.

* Provide a Tax Cut for Working Families: Obama and Biden will restore fairness to the tax code and provide 150 million workers the tax relief they need. Obama and Biden will create a new "Making Work Pay" tax credit of up to $500 per person, or $1,000 per working family. The "Making Work Pay" tax credit will completely eliminate income taxes for 10 million Americans.
* Eliminate Income Taxes for Seniors Making Less than $50,000: Barack Obama will eliminate all income taxation of seniors making less than $50,000 per year. This proposal will eliminate income taxes for 7 million seniors and provide these seniors with an average savings of $1,400 each year. Under the Obama-Biden plan, 27 million American seniors will also not need to file an income tax return.
* Simplify Tax Filings for Middle Class Americans: Obama and Biden will dramatically simplify tax filings so that millions of Americans will be able to do their taxes in less than five minutes. Obama and Biden will ensure that the IRS uses the information it already gets from banks and employers to give taxpayers the option of pre-filled tax forms to verify, sign and return. Experts estimate that the Obama-Biden proposal will save Americans up to 200 million total hours of work and aggravation and up to $2 billion in tax preparer fees.

Trade

Obama and Biden believe that trade with foreign nations should strengthen the American economy and create more American jobs. He will stand firm against agreements that undermine our economic security.

* Fight for Fair Trade: Obama and Biden will fight for a trade policy that opens up foreign markets to support good American jobs. They will use trade agreements to spread good labor and environmental standards around the world and stand firm against agreements like the Central American Free Trade Agreement that fail to live up to those important benchmarks. Obama and Biden will also pressure the World Trade Organization to enforce trade agreements and stop countries from continuing unfair government subsidies to foreign exporters and nontariff barriers on U.S. exports.
* Amend the North American Free Trade Agreement: Obama and Biden believe that NAFTA and its potential were oversold to the American people. They will work with the leaders of Canada and Mexico to fix NAFTA so that it works for American workers.
* Improve Transition Assistance: To help all workers adapt to a rapidly changing economy, Obama and Biden will update the existing system of Trade Adjustment Assistance by extending it to service industries, creating flexible education accounts to help workers retrain, and providing retraining assistance for workers in sectors of the economy vulnerable to dislocation before they lose their jobs.
* End Tax Breaks for Companies that Send Jobs Overseas: Barack Obama and Joe Biden believe that companies should not get billions of dollars in tax deductions for moving their operations overseas. Obama and Biden will also fight to ensure that public contracts are awarded to companies that are committed to American workers.
* Reward Companies that Support American Workers: Barack Obama introduced the Patriot Employer Act of 2007 with Senators Richard Durbin (D-IL) and Sherrod Brown (D-OH) to reward companies that create good jobs with good benefits for American workers. The legislation would provide a tax credit to companies that maintain or increase the number of full-time workers in America relative to those outside the US; maintain their corporate headquarters in America if it has ever been in America; pay decent wages; prepare workers for retirement; provide health insurance; and support employees who serve in the military.

Invest in the Manufacturing Sector and Create 5 Million New Green Jobs

* Invest in our Next Generation Innovators and Job Creators: Obama and Biden will create an Advanced Manufacturing Fund to identify and invest in the most compelling advanced manufacturing strategies. The Fund will have a peer-review selection and award process based on the Michigan 21st Century Jobs Fund, a state-level initiative that has awarded over $125 million to Michigan businesses with the most innovative proposals to create new products and new jobs in the state.
* Double Funding for the Manufacturing Extension Partnership: The Manufacturing Extension Partnership (MEP) works with manufacturers across the country to improve efficiency, implement new technology and strengthen company growth. This highly-successful program has engaged in more than 350,000 projects across the country and in 2006 alone, helped create and protect over 50,000 jobs. But despite this success, funding for MEP has been slashed by the Bush administration. Barack Obama and Joe Biden will double funding for the MEP so its training centers can continue to bolster the competitiveness of U.S. manufacturers.
* Invest In A Clean Energy Economy And Create 5 Million New Green Jobs: Obama and Biden will invest $150 billion over 10 years to advance the next generation of biofuels and fuel infrastructure, accelerate the commercialization of plug-in hybrids, promote development of commercial scale renewable energy, invest in low emissions coal plants, and begin transition to a new digital electricity grid. The plan will also invest in America's highly-skilled manufacturing workforce and manufacturing centers to ensure that American workers have the skills and tools they need to pioneer the first wave of green technologies that will be in high demand throughout the world.
* Create New Job Training Programs for Clean Technologies: The Obama-Biden plan will increase funding for federal workforce training programs and direct these programs to incorporate green technologies training, such as advanced manufacturing and weatherization training, into their efforts to help Americans find and retain stable, high-paying jobs. Obama and Biden will also create an energy-focused youth jobs program to invest in disconnected and disadvantaged youth.
* Boost the Renewable Energy Sector and Create New Jobs: The Obama-Biden plan will create new federal policies, and expand existing ones, that have been proven to create new American jobs. Obama and Biden will create a federal Renewable Portfolio Standard (RPS) that will require 25 percent of American electricity be derived from renewable sources by 2025, which has the potential to create hundreds of thousands of new jobs on its own. Obama and Biden will also extend the Production Tax Credit, a credit used successfully by American farmers and investors to increase renewable energy production and create new local jobs.

New Jobs Through National Infrastructure Investment

Barack Obama and Joe Biden believe that it is critically important for the United States to rebuild its national transportation infrastructure – its highways, bridges, roads, ports, air, and train systems – to strengthen user safety, bolster our long-term competitiveness and ensure our economy continues to grow.

* Create a National Infrastructure Reinvestment Bank: Barack Obama and Joe Biden will address the infrastructure challenge by creating a National Infrastructure Reinvestment Bank to expand and enhance, not supplant, existing federal transportation investments. This independent entity will be directed to invest in our nation’s most challenging transportation infrastructure needs. The Bank will receive an infusion of federal money, $60 billion over 10 years, to provide financing to transportation infrastructure projects across the nation. These projects will create up to two million new direct and indirect jobs and stimulate approximately $35 billion per year in new economic activity.

Technology, Innovation and Creating Jobs

Barack Obama and Joe Biden will increase federal support for research, technology and innovation for companies and universities so that American families can lead the world in creating new advanced jobs and products.


read rest of story click the link it was to long to put it all here..

3 Re: Obama's Policy on Thu Oct 23, 2008 11:05 pm

SSC


Admin
Obama and Biden..WANT..to do this now lets see what really does happen. Where are the monies coming from for the energy incentives and other give away programs ..TAX DOLLARS , middle class pockets.

4 Re: Obama's Policy on Thu Oct 23, 2008 11:15 pm

gypsy


Moderator
read it all ,it is right there,

5 Re: Obama's Policy on Thu Oct 23, 2008 11:51 pm

SSC


Admin
It is the same crap they have tried to fool the people with, time will show where your tax dollars are going.

6 Re: Obama's Policy on Fri Oct 24, 2008 8:01 pm

gypsy


Moderator
umm, we have experienced in government, the most fools who ever existed,,for the last 8 years..


I think America agrees~

7 Re: Obama's Policy on Fri Oct 24, 2008 8:22 pm

SSC


Admin
You speak for your little corner of the world, because you DAMN sure don't speak for the whole of the voters.

8 Re: Obama's Policy on Fri Oct 24, 2008 8:42 pm

gypsy


Moderator
only one comment.. eight years of failure is proof!! no More!!




Obama/Biden/2009

9 Re: Obama's Policy on Fri Oct 24, 2008 9:16 pm

SSC


Admin
8 years...8 years..jesus fucking christ Gypsy how stupid can you be ????????? With your tunnel vision you can only see BUSH..BUSH..BUSH... are you so fucking stupid you don't realize it took alot more than Bush to create this mess. Senators, Congress Represenatives all with their hands in the cookie jar. Who voted in the ear marks millions in bullshit funding, god Gypsy wake up alot of your Dem buddies are just as guilty

10 Re: Obama's Policy on Fri Oct 24, 2008 9:38 pm

gypsy


Moderator
do the research..America is angry~~

11 Re: Obama's Policy on Fri Oct 24, 2008 9:42 pm

SSC


Admin
The world is angry not just America, in your shallow world do you think we are the only country in trouble...you do the research

12 Re: Obama's Policy on Fri Oct 24, 2008 9:50 pm

gypsy


Moderator
our country, red/white /Blue
has suffered under the republicans

no more!!

also the world has suffered

Vote>>

Obams/Biden2009

Change~~

13 Re: Obama's Policy on Fri Oct 24, 2008 10:08 pm

SSC


Admin
Keep dreaming Gypsy..Obama/Biden are the beginning of the end. Might as well say Biden ..Obama hasn't got a shot of living the 4 years. Evaluate Biden as a President...At least with McCain we have a man who wasn't afraid to go into the military, wasn't smoking pot and finding his true color according to his sister..True color..how do you describe ZEBRA or OREO...I call it embarrassing.

14 Re: Obama's Policy on Fri Oct 24, 2008 10:11 pm

runawayhorses


Owner
Perhaps you need to look at this Gypsy, I strongly suggest you do, it might shed some light on things for you. lol!





Last edited by runawayhorses on Fri Oct 24, 2008 10:23 pm; edited 1 time in total

15 Re: Obama's Policy on Fri Oct 24, 2008 10:21 pm

runawayhorses


Owner


16 Re: Obama's Policy on Fri Oct 24, 2008 10:39 pm

runawayhorses


Owner
The reason I think those videos might shed some light on things for you is this, first, its my understanding you are of the Christian faith, and according to the Honorable James David Manning (PHD) it would be unchristian to vote for Obama, so maybe you want to reevaluate your position on voting for him. Just a thought, becuase like you say God is watching everything you do, and that includes when you go to vote..



Last edited by runawayhorses on Fri Oct 24, 2008 10:45 pm; edited 1 time in total

17 Re: Obama's Policy on Fri Oct 24, 2008 10:44 pm

gypsy


Moderator
Sorry Tyler,l I disagree,and I think America does

18 Re: Obama's Policy on Fri Oct 24, 2008 10:47 pm

runawayhorses


Owner
You think America disagrees with the teachings of the bible? I wouldn't paint it with such a wide brush there are a lot of people (Americans) that believe in the bible, and according to the Honorable James David Manning it would be unchristian to vote for him.

19 Re: Obama's Policy on Fri Oct 24, 2008 10:52 pm

gypsy


Moderator
I think religion is nothing

I believe, GOD /Jesus

20 Re: Obama's Policy on Fri Oct 24, 2008 10:58 pm

runawayhorses


Owner
I think you want to have your cake and eat it too, the reality is your faith forbids you to vote for Obama, but of course you do what you want.

21 Re: Obama's Policy on Fri Oct 24, 2008 11:10 pm

SSC


Admin
gypsy wrote:I think religion is nothing

I believe, GOD /Jesus

What ???????? You think religion is nothing ?? Yet you profess to be a Christian and follow the teaching of Jesus and you believe in God but not religion ??? Damn you might ought to go back and figure out where you lost your religion. In my opinion IF you are a christian you follow the teachings of the bible and obey Gods words. Your minister preaches every Sunday Gods words but that is religion, so I take it you don't believe in the words of a minister in your church ???

22 Re: Obama's Policy on Fri Oct 24, 2008 11:15 pm

gypsy


Moderator
so SSC
ur saying what? if Obama wins..he will be assassinated

23 Re: Obama's Policy on Fri Oct 24, 2008 11:23 pm

SSC


Admin
Obviously you are not in touch with the news much in your sheltered corner, this has been a well discussed issue for months..do the research Gypsy

24 Re: Obama's Policy on Fri Oct 24, 2008 11:25 pm

gypsy


Moderator
definitely I have done the research, just as America has

25 Re: Obama's Policy on Fri Oct 24, 2008 11:43 pm

SSC


Admin
I am so glad you have the balls to be the spokes person for America, well don't leave out the nearly 50% who do NOT want a halfbreed in office, because they feel he is WRONG.. You speak for the Dems who are loyal to the party, regardless what kind of fool is running just as long as he is a Democrat, and will carry out abortions , gay marriage, plenty of freebee welfare programs( geeee wonder where the money for these will come from ) no border control and benefits for ALL the illegals( hmmmm another leach on the taxpayers pocket)..You keep pushing Dems Gypsy, your party will leave you defenseless, doubt your husband would take kindly to turning over his weapons.Or destabilizing unions , wonder how many jobs that would cost. Come Nov.4th when you mark your choice for President I hope you can deal with the consequence, as you will be responsible and held to your actions.

26 Re: Obama's Policy Today at 11:09 pm

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