Story Of Obama

Discussion in 'Politics' started by Yannis, Mar 22, 2012.

  1. pspr

    pspr

    Which is good! He's done enough.
     
    #61     Apr 29, 2012
  2. So, I can't be bothered to look at all the stupid videos and I usually don't listen to people who are obvious lunatics as you are, but is there a point to all this? Or did your therapist tell you to do this.
     
    #62     Apr 29, 2012
  3. 377OHMS

    377OHMS

    Well, just as long as you keep an open mind. :D
     
    #63     Apr 29, 2012
  4. Yannis

    Yannis

    Very Smart Editorial

    This article from a small newspaper in Tawas City, Michigan, is getting nationwide attention. Tawas City is on Lake Huron and has a population of just over 2,000!!

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    :cool:
     
    #64     May 9, 2012
  5. Yannis

    Yannis

  6. Yannis

    Yannis

    Facts That Are Difficult For The Left To Accept
    by Colonel Don Myers - USMC (ret.)


    From http://governmentgonewild.org/facts...fficult_for_the_Left5_9_2012&utm_medium=email

    Last week we saw more demonstrations by Occupy Wall Street forces throughout the country. The major complaint seems to be the unfairness of the system in the United States where the top one percent have so much more than the 99%. Others report that the top earners are not paying their “fair share” of taxes. The latest figures for tax returns are from 2007 and are as follows:

    Wages earners % of Taxes paid

    Top 1% ---> 39.5%
    Top 5% ---> 61%
    Top 10% ---> 72.2%
    Top 20% ---> 86%
    Top 40% ---> 98.7%

    The bottom 40% not only pay no federal income taxes but receive checks from the government because of the earned income tax credit.

    The latest figures of job growth was reported this week and the figures are dismal. Businesses and entrepreneurs are sitting on their money because they fear what this government is liable to do in the future. They already know that taxes are going to rise significantly starting in January of next year if Congress does nothing to stop them. The Bush tax cuts expire as does the Social Security tax reduction and the Obamacare taxes start. Those are just the major changes.

    The left likes to blame President Bush for all of our current financial problems, but let’s review some of the history. The World Trade Center towers were destroyed by terrorists on 9/11/01 and that caused a significant financial upheaval. After the Bush tax cuts were implemented and took effect, jobs were added for 52 straight months. By January of 2007 unemployment was 4.6%, the GDP was at 3.5%, Social Security had a surplus each year, and 26 million people were on food stamps. While that was going on, we had troops in Iraq and Afghanistan fighting.

    I used January of 2007 because the Democrats took over the majority in Congress and held it until 2011. For two of those years the Democrats held the White House, a filibuster proof Senate, and a huge majority in the House of Representatives. The Republicans had absolutely no ability to stop anything that the Democrats wanted to do. That is how we got Obamacare but not before numerous concessions were given to Senators and Representatives in the Democratic Party.

    Where are we today? The GDP is at a dismal 1.8%. Unemployment has remained above 8.3% for the longest period since the great depression. Social Security now runs a deficit. Food stamp participation has nearly doubled. The answer we constantly hear is that the rich do not pay their fair share of taxes. The above figures show that that is not true. If the government took everything that millionaires and billionaires owned it would not cover the deficit for this year and it could only be done once. Growing the economy and revamping entitlements are the way out of this mess. The economy grows when tax rates are reduced. It worked when Presidents Kennedy, Reagan, and Bush did it. Look at some of our states and the ones that reduced taxes in order to eliminate deficits. It worked in Florida, Ohio, Wisconsin, and New Jersey.

    Any time that tax cuts are proposed, the left states that we can not afford it. They assume that when taxes are reduced, then revenues are also reduced. That is the static analysis approach, but what works is the dynamic analysis approach. People change their behavior when taxes are either raised or reduced. That is why people and businesses move when the tax burden becomes too burdensome. Look how the people in the northeast are moving to the south and southwest. It isn’t just because of the weather.

    :cool:
     
    #66     May 9, 2012
  7. Yannis

    Yannis

    Where are Jim, Tim and Franklin now?

    Just in case you might have wondered how their ineptitude affected their lives after they ruined so many dreams and lives. Here's a quick look into the three former Fannie Mae executives who brought down Wall Street.

    Franklin Raines - was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae's accounting activities. Raines left with a "golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear.

    Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard "was a strong internal proponent of using accounting strategies that would ensure a "stable pattern of earnings" at Fannie. Investigations by federal regulators and the company's board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004. Howard's Golden Parachute was estimated at $20 Million!

    Jim Johnson - A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. Investigators found that Fannie Mae had hidden a substantial amount of Johnson's 1998 compensation from the public, reporting that it was between $6 million and $7 million when it fact it was $21 million." Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson's Golden Parachute was estimated at $28 Million.

    WHERE ARE THEY NOW?

    FRANKLIN RAINES?
    Raines works for the Obama Campaign as his Chief Economic Advisor.
    TIM HOWARD?
    Howard is a Chief Economic Advisor to Obama under Franklin Raines.
    JIM JOHNSON?
    Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee.

    Kinda makes you sick to your stomach. Our government seems to be rotten to the core! Are we stupid or what?

    :(
     
    #67     May 16, 2012
  8. Lucrum

    Lucrum

    And the ignorant sheeple chanted: "hope and change...hope and change..."

    After four years of lies and corruption the sheeple now chant: "forward...forward..."


    Apparently the Obama campaign manager felt the need to keep it simple for their sheep.
     
    #68     May 16, 2012
  9. Max E.

    Max E.

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    #69     May 16, 2012
  10. Yannis

    Yannis

    Here's Another "Forward"...

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    :) :) :)
     
    #70     May 16, 2012