2

Hopefully Obama can control the idiots in his own party.

Quote :

"WASHINGTON – President-elect Barack Obama's proposed tax cuts ran into opposition Thursday from senators in his own party who said they wouldn't do much to stimulate the economy or create jobs. Senators from both parties agreed that Congress should do something to stimulate the economy. But Democratic senators emerging from a private meeting of the Senate Finance Committee criticized business and individual tax cuts in Obama's stimulus plan. They were especially critical of a proposed $3,000 tax credit for companies that hire or retrain workers. "If I'm a business person, it's unlikely if you give me a several-thousand-dollar credit that I'm going to hire people if I can't sell the products they're producing," said Sen. Kent Conrad, D-N.D., a member of the committee. "That to me is just misdirected," Conrad said. Sen John Kerry, D-Mass., said, "I'd rather spend the money on the infrastructure, on direct investment, on energy conversion, on other kinds of things that much more directly, much more rapidly and much more certainly create a real job." The cost of the economic rescue package Obama wants is expected to swell to $800 billion or more. About $300 billion of Obama's package would be for tax cuts or refunds for individuals and businesses. One tax provision would provide a $500 tax cut for most workers and $1,000 for couples, at a cost of about $140 billion to $150 billion over two years. The individual tax cuts may be awarded through withholding less from worker paychecks, effectively making them about $10 to $20 larger each week. Sen. Ron Wyden, D-Ore., said he doubted that a modest tax cut would change consumers' spending habits. "In tough times people don't respond all that well to marginal changes, such as a small amount of money added per paycheck," Wyden said. Democratic Sen. Max Baucus of Montana, chairman of the Finance Committee, said he hopes to schedule a committee vote on the stimulus package in about two weeks, which would coincide with the week of Obama's inauguration. Many senators still hope to approve a package by mid-February. There is "general agreement that because of the recession we've got to move, we've got to move quickly, very quickly," Baucus said. He added that it is too early to pass judgment on any aspect of Obama's plan. "This is an early part of this whole process. A lot of preliminary questions are going to be asked," Baucus said. "

http://news.yahoo.com/s/ap/20090108/ap_on_go_pr_wh/obama_taxes

1/8/2009 6:47:45 PM

there really is no win-win situation.

someone will always bitch b.c a certain tax cut does not benefit them or push for a tax cut out of their own greed.

1/8/2009 6:54:02 PM

too bad all the smart bombs in the world can't hold land and control areas the same way boots on the ground can, dipshit. That's kind of, you know, what people mean when they say we are "stretched thin." Good work.

1/11/2009 3:48:13 PM

Obama climate czar has socialist ties
Group sees 'global governance' as solution

Quote :

"Until last week, Carol M. Browner, President-elect Barack Obama's pick as global warming czar, was listed as one of 14 leaders of a socialist group's Commission for a Sustainable World Society, which calls for "global governance" and says rich countries must shrink their economies to address climate change. By Thursday, Mrs. Browner's name and biography had been removed from Socialist International's Web page, though a photo of her speaking June 30 to the group's congress in Greece was still available. Socialist International, an umbrella group for many of the world's social democratic political parties such as Britain's Labor Party, says it supports socialism and is harshly critical of U.S. policies. The group's Commission for a Sustainable World Society, the organization's action arm on climate change, says the developed world must reduce consumption and commit to binding and punitive limits on greenhouse gas emissions."

http://washingtontimes.com/news/2009/jan/12/obama-climate-czar-has-socialist-ties/

SO WHAT?!

[Edited on January 13, 2009 at 7:48 PM. Reason : PS: Browner's yet another Clintonista. Change we can believe in. ]

1/13/2009 7:47:50 PM

better a Socialist as Chief Climate Comrade than a Separatist as a VP

that said - be on the lookout for more market affable policies & lower taxes from this administration

1/15/2009 12:13:32 PM

Quote :

"be on the lookout for more market affable policies & lower taxes from this administration"

Except in health care and education, where we need them most. The former will be slowly socialized and the government's monopoly in the latter will only strengthen as the Federal government adds another layer of bureaucracy.


[Edited on January 15, 2009 at 2:04 PM. Reason : .]

1/15/2009 2:02:20 PM