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View Full Version : Obamanomics - Fascist/Statist New Deal II



willum14pb
09-17-2008, 07:54 AM
Technically, it would be New Deal III

Anyways, not sure if anyone had posted up a thread going through Obama's campaign website rhetoric - but here's his economy page...

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

It's essentially a huge power grab for the federal government, while dealing a death blow to the 10th Amendment (which has already been tossed under the buss and run over a few times).



I believe that America's free market has been the engine of America's great progress. It's created a prosperity that is the envy of the world. It's led to a standard of living unmatched in history. And it has provided great rewards to the innovators and risk-takers who have made America a beacon for science, and technology, and discovery…We are all in this together. From CEOs to shareholders, from financiers to factory workers, we all have a stake in each other's success because the more Americans prosper, the more America prospers.


Alright, so it started out great. Individualism brought about the greatest prosperity (for everyone) the world has ever seen. And then he jumps into Collectivist rhetoric? WTF?



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.


That's right, steal from those who generate wealth.


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.



In other words, the profitable will always be subsidizing everyone else.



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 re*pair - all to save more than 1 million jobs in danger of being cut.



So much for Federalism - the rich will subsidize the poorly run state governments.



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.



He's pretending as if IRS employees work for free. To him, they probably do.



Obama and Biden will create an Advanced Manufacturing Fund to identify and invest in the most compelling advanced manufacturing strategies.



Make no mistake - this is a new govn't institution.



The Obama-Biden plan will increase funding for federal workforce training programs...[and] also create an energy-focused youth jobs program to invest in disconnected and disadvantaged youth.



Youth programs, awesome.



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.




Barack Obama and Joe Biden will address the infrastructure challenge by creating a National Infrastructure Reinvestment Bank. This independent entity...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.


Riiiight, because I'm sure legislators will be amazingly accurate in putting that money in all of the right places.



Barack Obama and Joe Biden support doubling federal funding for basic research


Barack Obama and Joe Biden believe we can get broadband to every community in America

..by subsidizing it, and in effect, creating more monopolies in local markets.




Barack Obama and Joe Biden will eliminate all capital gains taxes on start-up and small businesses to encourage innovation and job creation.

But become too successful, and we'll penalize you.



Barack Obama and Joe Biden will support entrepreneurship and spur job growth by creating a national network of public-private business incubators.


Sweet jesus, yet another government institution.



Obama and Biden will create a Homeowner Obligation Made Explicit (HOME) score, which will provide potential borrowers with a simplified, standardized borrower metric (similar to APR) for home mortgages.


"Oh, you mean I'm obligated to pay my mortgage? Who knew!?"



Obama and Biden will create a credit card rating system, modeled on five-star systems used for other consumer products, to provide consumers an easily identifiable ranking of credit cards, based on the card's features.

Honestly, he must think we are stupid.



Cap Outlandish Interest Rates on Payday Loans and Improve Disclosure: Obama and Biden will extend a 36 percent interest cap to all Americans

...so that people in the hood will have to borrow from loan sharks since the local "Fast Cash" place shut down because they were losing money.



Obama and Biden will encourage banks, credit unions and Community Development Financial Institutions to provide affordable short-term and small-dollar loans and to drive unscrupulous lenders out of business.


Obama and Biden will create an exemption in bankruptcy law for individuals who can prove they filed for bankruptcy because of medical expenses. This exemption will create a process that forgives the debt and lets the individuals get back on their feet.

Hmm...somehow I picture people running through a busy intersection in an effort to get hit.



Obama and Biden will create a program to inform businesses about the benefits of flexible work schedules; help businesses create flexible work opportunities; and increase federal incentives for telecommuting.


Obama and Biden will also make the federal government a model employer in terms of adopting flexible work schedules and permitting employees to request flexible arrangements.

Of course you can enact these policies when there's no incentive to be more efficient. "Hey everybody, look at us! You should do the same, even though your business may be less competitive. We don't have to worry about that over here - you'll pay us no matter what!"



Seriously, I joke about this stuff, but it's scary as hell. He quite litterally wants to control the economy wherever he can. People are productive not to create a better life for themselves, but to create a better life for everyone. Oh, and you're also too stupid to make decisions for yourself - the State needs to protect you from your own stupid decisions whenever it can.

BanginJimmy
09-17-2008, 10:31 AM
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 is my favorite part. It is obvious Obama has ever run a business or he would know that raising taxes on a company simply means that the company is going to raise prices to compensate for that. Anyone with a 9th gade economics class could figure that out.



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.

I have an easier way, adopt the fair tax. I dont want pre-printed tax forms, or the govt anymore in my business than they are now. What he doesnt mention is that with his idea you cant itemize, which means you would be losing thousands in deductions and therefore sending more money to the govt.

willum14pb
09-17-2008, 10:35 AM
This is my favorite part. It is obvious Obama has ever run a business or he would know that raising taxes on a company simply means that the company is going to raise prices to compensate for that. Anyone with a 9th gade economics class could figure that out.


:cheers:

4dmin
09-17-2008, 10:46 AM
This is my favorite part. It is obvious Obama has ever run a business or he would know that raising taxes on a company simply means that the company is going to raise prices to compensate for that. Anyone with a 9th gade economics class could figure that out.


most companies have raised prices with the economy w/o paying the taxes - what do you say to that?

willum14pb
09-17-2008, 10:53 AM
most companies have raised prices with the economy w/o paying the taxes - what do you say to that?

Well, at this point, we're at a current state where that may be happening. But they've gotten so greedy that if you decide to tax them NOW, the price will just go up AGAIN, to compensate for money lost. Making it a worse situation than it already is.

4dmin
09-17-2008, 10:56 AM
Well, at this point, we're at a current state where that may be happening. But they've gotten so greedy that if you decide to tax them NOW, the price will just go up AGAIN, to compensate for money lost. Making it a worse situation than it already is.

it definitely is - life isn't getting cheaper. so taxing them is not different then now; at least if they are taxed they can complain about raising cost now they just raise cost w/o explanation

willum14pb
09-17-2008, 11:02 AM
it definitely is - life isn't getting cheaper. so taxing them is not different then now; at least if they are taxed they can complain about raising cost now they just raise cost w/o explanation

Well i don't want to give them a reason to raise it even more.. why would anyone? There is a reason they're raising it, greed, but think if they get taxed, greed + someone taking their money + wanting more money = bad.

v-empire
09-17-2008, 11:02 AM
wow @ ignorant people.

4dmin
09-17-2008, 11:03 AM
Well i don't want to give them a reason to raise it even more.. why would anyone? There is a reason they're raising it, greed, but think if they get taxed, greed + someone taking their money + wanting more money = bad.

ya but i'm noting going to live in fear of taxing major corps... sh!t look at big oil? perfect example. record highs in losing economy - something wrong.

willum14pb
09-17-2008, 11:07 AM
ya but i'm noting going to live in fear of taxing major corps... sh!t look at big oil? perfect example. record highs in losing economy - something wrong.


Right, well that's just one point that i dont agree with. There's about 20 i posted.

Vteckidd
09-17-2008, 11:09 AM
it definitely is - life isn't getting cheaper. so taxing them is not different then now; at least if they are taxed they can complain about raising cost now they just raise cost w/o explanation

Hey Paul, you heard of this thing called OIL? I think we use alot of it, i may be wrong, but im pretty sure its a neccessity.

LOL

OIL is whats causing prices to go up, nothing else. They are raising prices on goods to deal with 100$+ barrels or oil.

But you prob think its because George Bush said so :D ;)

Alan®
09-17-2008, 11:11 AM
ya but i'm noting going to live in fear of taxing major corps... sh!t look at big oil? perfect example. record highs in losing economy - something wrong.
Not really. And I don't see how anybody can justify singling out one sector of our economy based on them making money :rolleyes:

Vteckidd
09-17-2008, 11:12 AM
and its worthless to argue about taxes cause some people just DONT GET IT.

ALl they see is Obama say ''Im going to tax the RICH and give to the POOR"

What they dont realize is the RICH to Obama is $250,000 and those are small business owners. Those small business owners will go OUT OF BUSINESS or CUT JOBS because of the extra taxes they are paying, and they will raise prices.

REAL SMART TO DO IN THIS ECONOMY. You dont RAISE taxes to stimulate growth. Thats Econ 101.

Hate them all you want the Rich are the ones that CREATE JOBS. Raising taxes on them will make this WORSE, not better

v-empire
09-17-2008, 11:12 AM
Right, well that's just one point that i dont agree with. There's about 20 i posted.

u can vote for McCain. no body cares.

everything you've posted would actually be beneficial for you if you are middle income to mid upper, unless you are super duper rich.

looks like you need some comprehension assistance, or maybe a real education.

Vteckidd
09-17-2008, 11:15 AM
u can vote for McCain. no body cares.

everything you've posted would actually be beneficial for you if you are middle income to mid upper, unless you are super duper rich.

looks like you need some comprehension assistance, or maybe a real education.
Dont tell me a fellow small business owner is going to Vote Obama

god help us

v-empire
09-17-2008, 11:16 AM
Hate them all you want the Rich are the ones that CREATE JOBS. Raising taxes on them will make this WORSE, not better

u forget this economy is no more within the state, its international.
the rich dont invest within the country anymore, they invest outside the country.. if i was that rich, i would be investing in growing markets to ensure a stronger portfolio.

the lower, middle, and mid upper are the ones who will invest within the country and open small businesses and will spend US dollars within the country.

times have changed and you cant use history as an example to follow.
other countries already know that, other wise their money will still be in the US, but they arent.

willum14pb
09-17-2008, 11:19 AM
u can vote for McCain. no body cares.

everything you've posted would actually be beneficial for you if you are middle income to mid upper, unless you are super duper rich.

looks like you need some comprehension assistance, or maybe a real education.

everything huh? So did you read anything? Or just came in ready to call me an idiot? There's maybe two topics in there that would actually help out the middle class, and that' IMMEDIATELY. In the long run, it puts our country further in debt, and hurts us. If you tax these companies off money they've made and are going to keep making, they're going to raise the prices again, to compensate. Cool i get $1000 off the bat to help me with bills.. LOL? $1000? Come on. That's almost as insulting as the $600 bush gave me that we borrowed from china. What do you think that's going to do in the long run? That $1000 will cost me $10000 by the end of the year. How about you actually take the time to think about what your posting before you post it.

JITB
09-17-2008, 11:20 AM
lol you all are still on this tax thing..... How many Actual Business owners besides Vempire are there in this thread?

willum14pb
09-17-2008, 11:21 AM
u forget this economy is no more within the state, its international.
the rich dont invest within the country anymore, they invest outside the country.. if i was that rich, i would be investing in growing markets to ensure a stronger portfolio.

the lower, middle, and mid upper are the ones who will invest within the country and open small businesses and will spend US dollars within the country.

times have changed and you cant use history as an example to follow.
other countries already know that, other wise their money will still be in the US, but they arent.


Why would anyone invest in a declining economy, and a currency that is devaluing by the day. The economy started to decline because of our debt. Thus people gtfo. That's easy to see. I have invested my money in other money markets over seas. The only money i keep here in cash is money i spend on bills and to eat and drive to work and back. I dont keep cash in a savings. Or in any bank. Especially not in American Dollars.

v-empire
09-17-2008, 11:25 AM
i m sorry, maybe im bias coz i went to the same school as Obama did.

buti seem to comprehend his views and so does McCain.

McCain and his posse has pretty much been in office and going back to the 2000 electoral debate which was held at my school then and noticing what happened after they got put in office, they seem to be the only ones laughing to the bank, after pissing off the fed which pretty much told us all to piss off and here we are.

but you lack the comprehension of variables and far sightedness... either both these two are no golden egg for america, and i really dont care who goes into office because change will not happen soon. but look at how qualified mccain is and how long he has ran next to white house.. whom he lost to bush in 2000 who was more qualified that him. Small business or not, i get paid by customers, not myself and taxes.

If Hilary was a republican and her vs Obama, GA would be on Hillary nuts.
thats how its always been here.

Vteckidd
09-17-2008, 11:27 AM
u forget this economy is no more within the state, its international.
the rich dont invest within the country anymore, they invest outside the country.. if i was that rich, i would be investing in growing markets to ensure a stronger portfolio.

the lower, middle, and mid upper are the ones who will invest within the country and open small businesses and will spend US dollars within the country.

times have changed and you cant use history as an example to follow.
other countries already know that, other wise their money will still be in the US, but they arent.

Its foolhardy to say that all rich poeple send jobs overseas, thats simply not true.

Look at the statistics, in the grand scheme, VERY FEW jobs are overseas compared to what is here.
The only jobs going overseas are jobs Americans wouldnt do anyway IE sub $10 hour

v-empire
09-17-2008, 11:30 AM
Why would anyone invest in a declining economy, and a currency that is devaluing by the day. The economy started to decline because of our debt. Thus people gtfo. That's easy to see. I have invested my money in other money markets over seas. The only money i keep here in cash is money i spend on bills and to eat and drive to work and back. I dont keep cash in a savings. Or in any bank. Especially not in American Dollars.

exactly!

so how is his tax plan affecting you?

willum14pb
09-17-2008, 11:32 AM
either both these two are no golden egg for america, and i really dont care who goes into office because change will not happen soon.

i agree.

v-empire
09-17-2008, 11:35 AM
Its foolhardy to say that all rich poeple send jobs overseas, thats simply not true.

Look at the statistics, in the grand scheme, VERY FEW jobs are overseas compared to what is here.
The only jobs going overseas are jobs Americans wouldnt do anyway IE sub $10 hour

i didnt say they send jobs overseas.

i said they invest overseas. they could care less about the jobs here or there, they are rich and they are about making money.

look at your large investment firms and banks.

where is the money? you invest in Goldman Sachs and Jp morgan, your investments and mutual funds stays in house? most us these small time investors fundig their investments could care less where it goes, just show them the money and their ROI.

lehman bros.. could have learned to pull out faster and not impregnate a dying real estate business in the states, but history shows that it was the smarter risk to take.... history is pretty much history and just a guidelines these days. even the 4th largest investment firm couldnt speculate the changes in time.

the variables have changed.

willum14pb
09-17-2008, 11:52 AM
exactly!

so how is his tax plan affecting you?

I guess i didn't specify. But the more big corporate companies are taxed, the more they're going to charge the consumer to keep up with their greed. Make sense now? Me as a consumer will get royally fisted in the end if this were to take place.

v-empire
09-17-2008, 12:02 PM
larger corporation will get taxed from their profits.

if their tax bracket goes up, they dont raise their prices/to make more profits!

they will spend more on gifts, and expenses to lower their taxes...

omg.

and corporate taxes are different from personal income taxes!!

JITB
09-17-2008, 12:08 PM
I guess i didn't specify. But the more big corporate companies are taxed, the more they're going to charge the consumer to keep up with their greed. Make sense now? Me as a consumer will get royally fisted in the end if this were to take place.


they have been getting tax breaks for the past what 6 years? And what has happened? Has the prices gone down? Has business increased? has it forced the companies to create more jobs? Where have you been? You raise taxes on the people making the money, and the breaks trickle down to the bottom. You cant go anywhere when the bottom/foundation of the economy cant stimulate it at all.

BanginJimmy
09-17-2008, 12:21 PM
larger corporation will get taxed from their profits.

if their tax bracket goes up, they dont raise their prices/to make more profits!

they will spend more on gifts, and expenses to lower their taxes...

omg.


There is no higher tax bracket that I have ever seen. It is simply, make 250k and you pay higher taxes.

If you are in the oil business, you pay a windfall tax.



Someone asked about business owners, my wife is, but I am pretty well into what is going on there. She desperately needs 1 more person to run the front desk, but because of the payroll taxes she cannot afford it.

Obama's plan would raise her payroll taxes, and because she grosses more than 250k a year her taxes would go up even more. That will result in her probably having to cut one more full time position to part time or cut it completely. How is that going to help the economy?

BanginJimmy
09-17-2008, 12:26 PM
they have been getting tax breaks for the past what 6 years? And what has happened? Has the prices gone down? Has business increased? has it forced the companies to create more jobs? Where have you been? You raise taxes on the people making the money, and the breaks trickle down to the bottom. You cant go anywhere when the bottom/foundation of the economy cant stimulate it at all.

The tax breaks keep the companies here in the US. When it is cheaper to move your manufacturing overseas and ship your products here then you have to look at the reasons why.

1. Corporate payroll taxes. The payroll side of taxes are the second highest in the world. These alone are killing thousands of jobs a year, even more now that the economy is so slow.

2. Labor costs. Raising the minimum wage will only serve to move more jobs overseas, and cause companies to cut others. Higher minimum wages, means more payroll taxes. Dems dont care about people bringing home more money, they care because if they make more money, they can take more away.

Vteckidd
09-17-2008, 12:26 PM
they have been getting tax breaks for the past what 6 years? And what has happened? Has the prices gone down? Has business increased? has it forced the companies to create more jobs? Where have you been? You raise taxes on the people making the money, and the breaks trickle down to the bottom. You cant go anywhere when the bottom/foundation of the economy cant stimulate it at all.
actually,yes prices were down, business/jobs increased. Look at the RECORD UNEMPLOYMENT we had for years, even during a war.

the only reason its going up now is because of the Housing crisis

The bottom cant stimulate the economy when they have no jobs :)

And to V-Empire.

Lost PROFITS=LOST reinvestment into your business.

Facts are Facts you guys are generalizing everything, again go look at STATISTICS. Ive never heard of a company growing when they didnt make any money :thinking: With the exception of the oil business, almost EVERY business tries to grow an expand with PROFITS. Guess what happens when those profits are DOWN. SIGNIFICANTLY!?

When a company makes $500,000 in profit, (and we are talking a very small company) you think they just jet set around the country buying big screen tv, bitches, and dayton wheels like Dre? no.

The MAJORITY of them reinvest into their infrastucture whether it be more equipments, better facilities, more jobs, raising wages, etc. they dont send the money overseas LOL

Vteckidd
09-17-2008, 12:28 PM
The tax breaks keep the companies here in the US. When it is cheaper to move your manufacturing overseas and ship your products here then you have to look at the reasons why.

1. Corporate payroll taxes. The payroll side of taxes are the second highest in the world. These alone are killing thousands of jobs a year, even more now that the economy is so slow.

2. Labor costs. Raising the minimum wage will only serve to move more jobs overseas, and cause companies to cut others. Higher minimum wages, means more payroll taxes. Dems dont care about people bringing home more money, they care because if they make more money, they can take more away.
I love you, will you marry me.

seriously no homo.

Tell your wife i know how she feels

JITB
09-17-2008, 12:58 PM
You all really believe that companies arent sending jobs overseas, and that they are investing their money back into cutting prices and making jobs.... Than there is nothing else i can reply to. Let me know when your spaceship lands!

v-empire
09-17-2008, 01:00 PM
the profits you speak off is not significant enough. 500k gross is not considered large enough let alone 500k net. plus its corporate not income taxes, let alone capital gains.

i was referring about larger corporations, those who can afford it (i was keeping it on topic to the OP who suggested increase prices from large corps.)

all in all, both these parties have our concerns in their evaluation, neither of them are trying to screw anyone over like the way its overly implied.
its the media and the nature of politics during an election to slender and present a false notion, the ones that dont will lose.

with more profits such as smaller companies doing 500k a prime example you are right, they put it back to restructuring, not to grow the company per-say, but as a mean of disguising the profits as expenses.

as a small business owner at this time and age, a favoritism vote could lean towards McCains/Bush' doctrines and ideology, just like when i started my other business in 2002 but then i realised after all the hoo haa, i am not the only one trying to scramble for profits, as i get paid most by the lower/middle income class, everyone else is. there has to be a balance in the economy. and i cant think selfishly to be successful.

perception of political ideology is very deceiving, and the reality remains reality.
the reality is, we are in trouble, and we need to change to a more modern approach, and coming from the white house is a start.

if you notice the way the two campaigns are run, of course its harder to see a more leveled participation since we are in a republican state, but if you noticed how the campaigned is fought, tells you about each campaign and how their views on economic and technological war fare that will be like when they are in office.

you see to the top right of this site, OBAMA's campaigned there, facebook,CNN, reuters, msn, myspace, and all over random websites. this is the real deal.... their marketing intelligence on an election perceives their marketing leadership in comparison to issues and deals they have to face while in office.


this shows you that the less powerful, less experienced, minority candidate, is a viable option as a candidate, not just an election that will be won by a landslide favorite where are the tools and support has been left on the table to be taken.

if i would to vote on the day that comes, as i am not sure yet, but i think my risk taking ideology still stands when i smell the cheese is continuously running out. i would want to see a colored person in office in my life time, as i saw tiger woods dominate in a white sport, or lance armstrong winning 7 times, phelps taking 8 golds....in my life time. i saw it.

and it only sets the standards higher for the rest. we get better.

whoever wins the election, i hope they wont disappoint and embarrass us when representing US in these globally connected times like the last president.

Sport1.3
09-17-2008, 01:01 PM
http://i33.tinypic.com/dwrtvt.jpg

4dmin
09-17-2008, 01:03 PM
Hey Paul, you heard of this thing called OIL? I think we use alot of it, i may be wrong, but im pretty sure its a neccessity.

LOL

OIL is whats causing prices to go up, nothing else. They are raising prices on goods to deal with 100$+ barrels or oil.

But you prob think its because George Bush said so :D ;)

that is false statement. oil is a factor but there are tons of factors... living standards and goods just cost more in general. if we could point the finger at one thing like OIL you would see price of everything drop w/ it... say gallon of milk... have prices dropped? No. OIL is under 100$ a barrel why hasn't milk? what are the factors? production cost, competition, regulations, taxes, etc, etc, etc



If Hilary was a republican and her vs Obama, GA would be on Hillary nuts.
thats how its always been here. great post :goodjob:

4dmin
09-17-2008, 01:08 PM
Its foolhardy to say that all rich poeple send jobs overseas, thats simply not true.

Look at the statistics, in the grand scheme, VERY FEW jobs are overseas compared to what is here.
The only jobs going overseas are jobs Americans wouldnt do anyway IE sub $10 hour

WHAT? dude you need to get educated. I'm sorry but that is one of the worst statements you have made. we out source all kinds of jobs from manufacturing, engineering, R&D, etc

you need to get out of the country some. they outsource any job they can hire 2+ more people to do at a lower rate w/o having to offer the benefits we have. if you were a CEO why wouldn't you do the same? A lot has to do with incentives vs cost. There are non to keep these jobs here.


2. Labor costs. Raising the minimum wage will only serve to move more jobs overseas, and cause companies to cut others. Higher minimum wages, means more payroll taxes. Dems dont care about people bringing home more money, they care because if they make more money, they can take more away. do you know what jobs pay min wage? farming, fast food, retail, etc... which of those are we going to move over seas? don't bother mentioning manufacturing b/c they are already moved over seas.

BanginJimmy
09-17-2008, 02:57 PM
do you know what jobs pay min wage? farming, fast food, retail, etc... which of those are we going to move over seas? don't bother mentioning manufacturing b/c they are already moved over seas.

We still do alot of manufacturing here in the US, but its more assembly than the manufacturing of individual parts. Many of those jobs start at a very low wages, between the current minimum wage and the eventual new minimum wage. If we continue to raise the minimum wage, why should a company continue to pay someone $7+ an hour for a job that is only worth 3?

BanginJimmy
09-17-2008, 03:05 PM
oil is a factor but there are tons of factors... living standards and goods just cost more in general. if we could point the finger at one thing like OIL you would see price of everything drop w/ it... say gallon of milk... have prices dropped? No. OIL is under 100$ a barrel why hasn't milk? what are the factors? production cost, competition, regulations, taxes, etc, etc, etc

This is true.

We will use milk becuse you brought it up.

Feed for the cattle is more expensive because of the expanded use of ethanol.

Cattle numbers are down as more farmers are seeing more money in growing corn for ethanol. With less cattle, there is less milk from the source.

Transporting the raw milk to be passturized is more expensive because of increased fuel costs.

Packaging the milk in plastic containers is more expensive because plastic is a petroleum product. Also added in the costs of trandporting the packaging to where the pasturizing is done.

Transporting the packaged milk to the grocery store costs more because of the higher gas prices.


My point: Oil isnt the ONLY factor, it is one of many, but oil is still the main ingrediant in many of the individual factors. The other major factor being using food for fuel.

The law of unforseen consequences comes into effect also as more farmers are trading in their cattle to grow corn.

4dmin
09-17-2008, 03:07 PM
We still do alot of manufacturing here in the US, but its more assembly than the manufacturing of individual parts. Many of those jobs start at a very low wages, between the current minimum wage and the eventual new minimum wage. If we continue to raise the minimum wage, why should a company continue to pay someone $7+ an hour for a job that is only worth 3?

this is why education is such a key to success of a society. in one breath republicans complain about gov't leeches yet they don't want to support min wage. can you live on min wage? how do you expect others to?

4dmin
09-17-2008, 03:12 PM
This is true.

We will use milk becuse you brought it up.

Feed for the cattle is more expensive because of the expanded use of ethanol.

Cattle numbers are down as more farmers are seeing more money in growing corn for ethanol. With less cattle, there is less milk from the source.

Transporting the raw milk to be passturized is more expensive because of increased fuel costs.

Packaging the milk in plastic containers is more expensive because plastic is a petroleum product. Also added in the costs of trandporting the packaging to where the pasturizing is done.

Transporting the packaged milk to the grocery store costs more because of the higher gas prices.


My point: Oil isnt the ONLY factor, it is one of many, but oil is still the main ingrediant in many of the individual factors. The other major factor being using food for fuel.

The law of unforseen consequences comes into effect also as more farmers are trading in their cattle to grow corn.

benefit cost out weigh almost everything... this is where the majority of company cuts have been. oil doesn't compare to benefit cost.

BanginJimmy
09-17-2008, 03:13 PM
benefit cost out weigh almost everything... this is where the majority of company cuts have been. oil doesn't compare to benefit cost.


I agree with you there.

blaknoize
09-17-2008, 03:28 PM
Hey Paul, you heard of this thing called OIL? I think we use alot of it, i may be wrong, but im pretty sure its a neccessity.

LOL

OIL is whats causing prices to go up, nothing else. They are raising prices on goods to deal with 100$+ barrels or oil.

But you prob think its because George Bush said so :D ;)

The dollar is devalued as well sir. Its not only because of Oil...

blaknoize
09-17-2008, 03:34 PM
Its foolhardy to say that all rich poeple send jobs overseas, thats simply not true.

Look at the statistics, in the grand scheme, VERY FEW jobs are overseas compared to what is here.
The only jobs going overseas are jobs Americans wouldnt do anyway IE sub $10 hour

I guess u dont work in the I.T. field... The reason why I'm barely over 9 an hour is due to this outsourcing. Ask ANYONE in the I.T. field and watch em rant. Call IBM or HP or Microsoft or any other business related to this field and see who u talk to. Someone in fukin India. The whole reason why I left GA in the first place cuz HP moved most of its data servers and services overseas KILLING my dreams of making a living in the south.

willum14pb
09-17-2008, 07:04 PM
I guess u dont work in the I.T. field... The reason why I'm barely over 9 an hour is due to this outsourcing. Ask ANYONE in the I.T. field and watch em rant. Call IBM or HP or Microsoft or any other business related to this field and see who u talk to. Someone in fukin India. The whole reason why I left GA in the first place cuz HP moved most of its data servers and services overseas KILLING my dreams of making a living in the south.

Yes, entry level I.T. positions where you only know how to turn on a computer pay $9 an hour. If you actually have a degree, you shouldn't make less than $30.

Vteckidd
09-17-2008, 08:08 PM
Sigh its like talking to a brick wall.

I need to be educated? i think i know just as much as most of the people in this thread.


You all really believe that companies arent sending jobs overseas, and that they are investing their money back into cutting prices and making jobs.... Than there is nothing else i can reply to. Let me know when your spaceship lands!


Let me know what reality you are living in, do you even know what GDP is?


Real personal consumption expenditures increased 1.7 percent in the second quarter, compared
with an increase of 0.9 percent in the first. Real nonresidential fixed investment increased 2.2 percent,
compared with an increase of 2.4 percent. Nonresidential structures increased 13.7 percent, compared
with an increase of 8.6 percent. Equipment and software decreased 3.2 percent, compared with a
decrease of 0.6 percent. Real residential fixed investment decreased 15.7 percent, compared with a
decrease of 25.1 percent.

Real exports of goods and services increased 13.2 percent in the second quarter, compared with an
increase of 5.1 percent in the first. Real imports of goods and services decreased 7.6 percent, compared
with a decrease of 0.8 percent.

Real federal government consumption expenditures and gross investment increased 6.8 percent in
the second quarter, compared with an increase of 5.8 percent in the first. National defense increased 7.4
percent, compared with an increase of 7.3 percent. Nondefense increased 5.5 percent, compared with an
increase of 2.9 percent. Real state and local government consumption expenditures and gross
investment increased 2.2 percent, in contrast to a decrease of 0.3 percent.



Profits from current production (corporate profits with inventory valuation and capital
consumption adjustments) decreased $37.8 billion in the second quarter, compared with a decrease of
$17.6 billion in the first quarter. Current-production cash flow (net cash flow with inventory valuation
and capital consumption adjustments) -- the internal funds available to corporations for investment --
decreased $41.3 billion in the second quarter, in contrast to an increase of $10.1 billion in the first.

Taxes on corporate income increased $7.4 billion in the second quarter, in contrast to a decrease
of $30.6 billion in the first. Profits after tax with inventory valuation and capital consumption
adjustments decreased $45.2 billion in the second quarter, in contrast to an increase of $13.0 billion in
the first. Dividends increased $14.0 billion compared with an increase of $16.1 billion; current-
production undistributed profits decreased $59.2 billion, compared with a decrease of $3.1 billion.


The rest-of-the-world component of profits decreased $15.6 billion in the second quarter,
compared with a decrease of $22.8 billion in the first. This measure is calculated as (1) receipts by U.S.
residents of earnings from their foreign affiliates plus dividends received by U.S. residents from
unaffiliated foreign corporations minus (2) payments by U.S. affiliates of earnings to their foreign
parents plus dividends paid by U.S. corporations to unaffiliated foreign residents. The second-quarter
decrease was accounted for by a smaller increase in receipts than in payments.

GDP-The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output for a given country's economy. GDP is defined as the total market value of all final goods and services produced within the country in a given period of time (usually a calendar year). It is also considered the sum of value added at every stage of production (the intermediate stages) of all final goods and services produced within a country in a given period of time, and it is given a money value.

So yeah, youre wrong

Alan®
09-17-2008, 08:18 PM
Obama is still going to cost small business owners money right here though

Quote:
. Barack Obama and Joe Biden will expand the FMLA to cover businesses with 25 or more employees. Barack Obama and Joe Biden will expand the FMLA to cover more purposes as well, including allowing workers to take leave for elder care needs; allowing parents up to 24 hours of leave each year to participate in their children's academic activities at school; allowing leave to be taken for purposes of caring for individuals who reside in their home for 6 months or more; and expanding FMLA to cover leave for employees to address domestic violence and sexual assault.

Source:http://www.barackobama.com/issues/family/

Quote:
I’ll also stand up for paid leave. Today, 78 percent of workers covered by FMLA don’t take leave because it isn’t paid. That’s just not fair. You shouldn’t be punished for getting sick or dealing with a family crisis. That’s why I’ll require employers to provide all of their workers with seven paid sick days a year

Source:http://www.inclusionist.org/node/1679


Since nobody really hit on their position on this

BanginJimmy
09-17-2008, 10:18 PM
paid sick time and vacation is called a benefit for a reason. If you dont come to work, you dont get paid, I dont see what is so difficult to understand about that.

DinanM3atl
09-17-2008, 11:02 PM
Hey Paul, you heard of this thing called OIL? I think we use alot of it, i may be wrong, but im pretty sure its a neccessity.

LOL

OIL is whats causing prices to go up, nothing else. They are raising prices on goods to deal with 100$+ barrels or oil.

But you prob think its because George Bush said so :D ;)

93 dollars a barrel. Last time it was that price is was ~3 bucks a gallon. It is over 4 right now.

Vteckidd
09-17-2008, 11:31 PM
thats because of SPECULATORS and the Hurricame

BanginJimmy
09-18-2008, 10:03 AM
93 dollars a barrel. Last time it was that price is was ~3 bucks a gallon. It is over 4 right now.


Hurricane Ike has refining capacity way down right now. I believe capacity was somewhere around 75% for the next week or so before it will get back to full capacity.


Also, I dont know where you are paying $4, though. I filled my tank today for $3.91 for 89.

blaknoize
09-18-2008, 06:21 PM
Yes, entry level I.T. positions where you only know how to turn on a computer pay $9 an hour. If you actually have a degree, you shouldn't make less than $30.

If u wasnt bein sarcastic, I'm aware of that. I'm currently enrolled at ITT thank u very much. I'm stating that fact because... the people whom I joined at HP used to make $23 an hour doing the same job they are doing right now at $10. Before becoming outsourced.

blaknoize
09-18-2008, 06:22 PM
Hurricane Ike has refining capacity way down right now. I believe capacity was somewhere around 75% for the next week or so before it will get back to full capacity.


Also, I dont know where you are paying $4, though. I filled my tank today for $3.91 for 89.

Its 4.09 here... due to the fact that Ohio gets most of its fuel from the gulf.

It spiked to 4.49 for 1 day, that was 3days ago

flak_monkey
09-18-2008, 06:35 PM
I guess u dont work in the I.T. field... The reason why I'm barely over 9 an hour is due to this outsourcing. Ask ANYONE in the I.T. field and watch em rant. Call IBM or HP or Microsoft or any other business related to this field and see who u talk to. Someone in fukin India. The whole reason why I left GA in the first place cuz HP moved most of its data servers and services overseas KILLING my dreams of making a living in the south.
I'll vouch for this one. My hours have been cut down to nothing.

willum14pb
10-09-2008, 08:53 AM
Im bumping this to show everyone who's voting for obama how sucky your life is going to be.

tony
10-09-2008, 09:29 AM
Theres not much more socialist than McCain's plan of buying up bad mortgages.. lol at least Obama wants to spend on shit that will benefit the people and not socialize the entire real estate market.

BanginJimmy
10-09-2008, 10:58 AM
Theres not much more socialist than McCain's plan of buying up bad mortgages.. lol at least Obama wants to spend on shit that will benefit the people and not socialize the entire real estate market.

You won get a complaint from me as far as McCain goes, but socializing the healthcare system is even worse.

Hell, we alrady have a perfect model of it here in the US. It is called medicare, and we see all the time just how bad that program is designed and managed. Just imagine what will happen when you get another 50 million people in it.

tony
10-09-2008, 11:01 AM
You won get a complaint from me as far as McCain goes, but socializing the healthcare system is even worse.

Hell, we alrady have a perfect model of it here in the US. It is called medicare, and we see all the time just how bad that program is designed and managed. Just imagine what will happen when you get another 50 million people in it.

Let me get this straight, buying worthless mortgages is BETTER than providing healthcare for your citizens? Interesting..

Obviously there needs to be immigration reform before implementing a healthcare plan but I hardly see how giving money back to irresponsible mortgage companies is better than providing for the health of your citizens.

tony
10-09-2008, 11:11 AM
Im bumping this to show everyone who's voting for obama how sucky your life is going to be.

I've noticed to things about you since you've joined in the political discussions.

1. You don't research, you pull talking points regardless of how factual they are and use them to validate your views.

2. You give credit only to those who agree with your viewpoints, not those who make valid ones. Which makes information that you bring forth virtually worthless because you are blinded by your bias and will probably never be enlightened.

Heres the thing (and I'm not talking to just you any more) if someone comes to this discussion with the ability to only see their side of the coin then they can consider theirself an idiot, because those viewpoints will prevent you from ever growing as an idividual.

These arguments, when I'm going back and forth with BanginJimmy or KiDD. I have just as passionate disagreements with my friends that are for Barack Obama DAILY.. matter of fact those arguments get more heated. The idea is to be objective as to not be blinded by your own views, take a second to at least consider what the other side is saying rather than immediately jump on the defensive, or calling someone on the other side something derogatory.

BanginJimmy
10-09-2008, 11:12 AM
Let me get this straight, buying worthless mortgages is BETTER than providing healthcare for your citizens? Interesting..

You arent understanding me, I dont agree with either program, I simply think that the healthcare program will be much further reaching and be much harder to fix after it is implemented than buying up the mortgages.


Obviously there needs to be immigration reform before implementing a healthcare plan

We are in complete agreement here. The healthcare system is a problem, but is it the cause, or just a symptom of another cause? I think it is mearly a symptom and no changes made to the program will work unless the cause is fixed first. Its not the only cause, but the biggest contributer is indigent care, and illegals are a major part of that. being forced to care for people that arent going to pay for it causes hospitals to incrimentally raise prices on everything else. That causes insurance companies to cut benefits, raise co-pays, deductables, and rates to cover the additional costs.



but I hardly see how giving money back to irresponsible mortgage companies is better than providing for the health of your citizens.

I dont either, but irresponsibility wasnt the only thing going on. A major portion of it was complying with CRA (community Reinvestment Act) stipulations.

BanginJimmy
10-09-2008, 11:16 AM
These arguments, when I'm going back and forth with BanginJimmy or KiDD.

I like to think I am pretty open to other views without too much bias involved, but I have to admit that it is much easier for me than some others. I actually think both canidates are idiots, and really dont support either of them.

tony
10-09-2008, 11:20 AM
I like to think I am pretty open to other views without too much bias involved, but I have to admit that it is much easier for me than some others. I actually think both canidates are idiots, and really dont support either of them.

Nah I wasnt saying you arent objective, I've known you don't care for both candidates. People on both sides, those who cannot see past Barack or McCain annoy the hell out of me. I have a friend that believes all republicans are evil, Bush is the cause of everything and it is just as annoying as some of the McCain supporters I meet on here.

Ultimately I wish the PEOPLE were more educated and held the government responsible on the peoples term.. not look to politicians to do it for them. When CEO's go on a $420k spending spree after we bailed out their corporation we need to be on their ASS and not wait for Bush, Obama, or McCain to do it for us.

willum14pb
10-09-2008, 11:39 AM
I've noticed to things about you since you've joined in the political discussions.

1. You don't research, you pull talking points regardless of how factual they are and use them to validate your views.

2. You give credit only to those who agree with your viewpoints, not those who make valid ones. Which makes information that you bring forth virtually worthless because you are blinded by your bias and will probably never be enlightened.

Heres the thing (and I'm not talking to just you any more) if someone comes to this discussion with the ability to only see their side of the coin then they can consider theirself an idiot, because those viewpoints will prevent you from ever growing as an idividual.

These arguments, when I'm going back and forth with BanginJimmy or KiDD. I have just as passionate disagreements with my friends that are for Barack Obama DAILY.. matter of fact those arguments get more heated. The idea is to be objective as to not be blinded by your own views, take a second to at least consider what the other side is saying rather than immediately jump on the defensive, or calling someone on the other side something derogatory.


everything you just said, apply it to yourself. No matter how irrefutable the evidence no matter how many times i prove people wrong, and no matter how many times i post the truth, you and admin refuse to look past YOUR bias, and see whats true. Just like the video i posted putting the housing bubble blame on dems, irrefutable, yet you and admin refuse to see the light.

willum14pb
10-09-2008, 11:43 AM
I like to think I am pretty open to other views without too much bias involved, but I have to admit that it is much easier for me than some others. I actually think both canidates are idiots, and really dont support either of them.


x's 600million.

As i've stated before, i wouldn't vote for either of these idiots for dog catcher.

tony
10-09-2008, 11:45 AM
everything you just said, apply it to yourself. No matter how irrefutable the evidence no matter how many times i prove people wrong, and no matter how many times i post the truth, you and admin refuse to look past YOUR bias, and see whats true. Just like the video i posted putting the housing bubble blame on dems, irrefutable, yet you and admin refuse to see the light.

Propaganda is completely "refutable" because it is just that; Propaganda. Just cause I don't agree with you doesnt mean I don't remain objective.. it just means I've looked at both sides and I still don't agree.

willum14pb
10-09-2008, 11:49 AM
Propaganda is completely "refutable" because it is just that; Propaganda. Just cause I don't agree with you doesnt mean I don't remain objective.. it just means I've looked at both sides and I still don't agree.

Please show me it's propaganda. It was factual evidence backed by facts and screenshots of bills and articles with statements from both sides of the fence. I dont make a post without doing a lot of research. This post for instance, i took the time to read through his economic platform and state my opinion. No one has yet to give me an argument on my opinion because the generalizations of the statements that i did are pretty clear cut. There's not really any other way to take it. And i dont know who you're refering to with the name calling, i have refrained from that, as it deters away from making a point and goes into having nothing else to say, lol. I respect you, and you've been for Ron Paul since day one, like me, i just don't see what you see in obama that you saw in ron.

tony
10-09-2008, 01:29 PM
Please show me it's propaganda.

Did it provide solutions for lowering gas prices? Stop the free fall of the stock market? Help families afford healthcare or put food on the table? Did it mention ANY solutions to the economic crisis we are in right now?

No, your little propaganda video did nothing but point fingers.. which is why it was a waste of time. And propaganda?

Propaganda: the spreading of ideas, information, or rumor for the purpose of helping or injuring an institution, a cause, or a person.

No solutions, only finger pointing to make their cause just. That is what your video was. Again, you are too biased to provide an intelligent and/or objective thought here.