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Your vote: Sold for $600 million

That is the headline that should be on every newspaper tomorrow, for the clock is getting turned back to just after the Civil War, or at least before the 1986 Tax Reform Act.

The electorate so busy taking out vengeance on conservatives has forgotten the devil is in the details, they haven't any care or concern with the tax shelter haven that Obama has promised to create for the billionaires who assure him a means to have this much money to buy our election.

All they had to do was appeal to the anger of the last 2 elections.  No one cares about the issues, about the 500 billion dollars surrounding Obama now, his friends so long as he give them the benefit they seek:  Tax Shelters.

I guess when liberal education breeds and raises Godless liberal values into every aspect of existence it only stands to reason that the people of a nation have no reason to care about their country.  Personal narcissistic interest take precedence over anything else.  I'd site history but what's the use.  Many an American will have died in vane in a few short years, and those who believed will continue to believe even while all that's meant anything of America is evaporating from existence.

But I guess there is a pride to being angry and then the sacred right to vote of all the nation's people being bought for 600 million dollars and sacrificing the Foundation of America.

Should this trend continue throughout the night I am certain the left will enjoy this moment, but moreso, they will enjoy it into the years, for they never admit wrong doing, FannieMae and FreddieMac have proven this.

Hang on folks!  Here comes Carter's 2nd term!

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Major Middle Class Tax Cuts - Maverick John McCain

John McCain has been on the side of the middle-class for a very long time, taken from a February 2000 New York Times Article:

"MR. McCAIN'S tax-cut plan is valued at $238 billion over five years and $500 billion over 10 years. Its centerpiece is an expansion of the lowest income tax bracket, 15 percent, to cover higher incomes.

"Under the plan, the ceiling for the 15 percent bracket would rise to $70,000 from $43,050 for married couples filing jointly, and to $35,000 from $25,750 for single taxpayers. The effect would be to give a $3,504 tax cut to a couple with taxable income of $70,000 or more.

"Mr. McCain's plan would also double the child tax credit to $1,000 a year, expand tax incentives for savings and investment, reduce the tax on large estates and reduce the marriage penalty for some people by increasing the standard deduction for couples. Mr. McCain would offset a portion of the tax cuts by closing corporate tax loopholes.

"His pitch is that the plan is modest enough in size that it leaves plenty of money from the surplus tax revenues to deal with other needs. By expanding the 15 percent bracket to cover millions of additional taxpayers, he says, his plan amounts to a start on creating a system of flatter tax rates. And he argues that his plan gives much less of its benefits to the wealthy than Mr. Bush's plan does.

''I want a balanced approach,'' Mr. McCain said in the South Carolina debate. ''The difference between Governor Bush's proposal and mine is that I put a whole lot of money into Social Security, Medicare and paying down the debt. He puts a whole lot of money into tax cuts.''

"An analysis by Citizens for Tax Justice found that only 1.8 percent of the benefits of the McCain plan would go to the wealthiest 1 percent of taxpayers. Most of his proposed tax cuts would go to a broadly defined middle class: more than 52 percent to taxpayers making $65,000 to $130,000, and 21 percent to taxpayers making $39,000 to $65,000.

"Mr. McCain's plan, however, would do almost nothing for taxpayers with incomes below $39,000. Mr. Bush asserts that Mr. McCain's plan would leave too much of the surplus in Washington, where, Mr. Bush says, it would inevitably be spent not on Social Security but instead on bigger government and wasteful programs. And Mr. Bush regularly criticizes Mr. McCain's plan, contending that it would not help the working poor."

What I find really good here is that this problem they found with McCain's plan in 2000 he fixed this time around, by adding to his proposal what Bill Bradley suggested in 2000:

"As a former member of the Senate Finance Committee and one of the fathers of the 1986 overhaul of the tax code, Mr. Bradley arguably has more experience with tax policy than any of the other candidates...

"....The only specific tax cuts he backs are tax breaks on health insurance payments, an expansion of the earned-income tax credit for the working poor and an expansion of the child care credit in a way that would help low-income people."

Senator McCain also incorporated an issue from Al Gore regarding Research and Development:

"Mr. Gore has proposed allocating $250 billion to $300 billion to tax cuts over the next decade for specific goals. In particular, he supports expanded tax incentives for education and retirement savings....a permanent extension of the tax credit for corporate research and development."

The entire article is located here:  http://query.nytimes.com/gst/fullpage.html?res=9404E7DC1F30F934A15751C0A9669C8B63&sec=&spon=&pagewanted=1


Additionally John McCain promises a ban on Internet taxes and Cell phone taxes, from his website:

"Ban Internet Taxes: John McCain believes we must make a farsighted, robust, and fervent commitment to innovation and new technologies to sustain our global competitiveness, meet our national security challenges, achieve less costly and more effective health care, reduce dangerous dependence on foreign sources of oil, and raise the quality of education in the United States. John McCain has been a leader in keeping the Internet free of taxes. As President, he will seek a permanent ban on taxes that threaten this engine of economic growth and prosperity.

Ban New Cell Phone Taxes: John McCain understands that the same people that would tax e-mail will tax every text message - and even 911 calls. John McCain will prohibit new cellular telephone taxes.
"

The main thing missing right now is the raising of the income the lowest tax bracket, and I believe that's probably a good thing since, we have quite a bit of government debt to afford right now.

The point of this is to show that John McCain learns from his past, he does pay attention to the American People, that with all this talk of corporate lobbyists, there remains this man who only had a corporate tax benefits even 8 years ago of 1.9% to corporations.  Admittedly 8 years ago our corporate tax rates were competitive, they no longer are.  Look at how aggressively McCain's 2000 tax plan pursued getting the lower tax rate into the lower and upper middle-class incomes (70,000 a year) in 2000.  I am certain that once our economy recovers John McCain will pursue raising the income level that the 15% tax covers, to "start on creating a system of flatter tax rates."

And McCain will do this without creating the corporate tax shelters that Obama does:

"One other thing I didn't mention, for small business people, I'm going to eliminate the capital gains taxes. So what it means is if your business succeeds, and let's say you take it from a $250,000 business to a $500,000 business, that capital gains you get, we're not going to tax you on it, because I want you to grow more. So you're actually gonna get some...you may end up, I'd have to look at your particular business, but you might end up paying lower taxes under my plan and my approach than under John McCain's plan. I can't guarantee that because I'd have to take a look a it. Alright? Thanks for your...thanks for the question though, I appreciate it." (http://www.youtube.com/watch?v=8Ilwk_wmsQk Obama says this at almost the end of the conversation.)

McCain is keeping the 15% capital gains tax in place, while phasing out the alternative minimum tax.

So the question boils down to:  Is 500 or 1000 dollar checks (essentially an economic stimulus) the answer to our economy, or, providing a framework of growth by generating wealth for decades into the future?  The answer to this is clear to me, John McCain.


Thank you for reading.
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Obama: Lies or Agenda?

Obama has earned America's distrust.  It's the tail end of Obama's pitch to Joe the Plumber.  Obama walks right up to Joe to get his question.  Then Obama puts forth a number of his beliefs and expresses his logic to conclude a tax increase of 3% on "those making over $250,000" is necessary to give a tax break for those making less, asserting it's the government's role, the government's job to assure our incomes meet our personal needs -- that government's control of our personal input will improve our personal output.

The following transcript of what Obama said during the entire interview with Joe Wurzelbacher,
http://www.youtube.com/watch?v=8Ilwk_wmsQk. I wanted to keep the entire train of thought together so I omitted what Joe said, however I referenced it for context in brackets where the context would be lost, so without further delay I give you by transcript, what Senator Barack Obama said to "Joe the Plumber" when he believed there were no open mics:

"If your revenue is above 250, then from 250 down your taxes are going to stay the same. It is true that, say for 250 up, say from 250-300 or so....you'd go from 36 to 39% which is what it was under Bill Clinton.

"So the uh....and the reason we're doing that is because 95% of small businesses make less than 250, and so what I want to do is give them a tax cut I wanna give all these folks who are bus drivers, teachers, auto workers who make less, I wanna give them a tax cut and so what we are doing is, we are saying that folks who make more than 250, that that marginal amount above 250 that they are going to be taxed at a 39% instead of a 36% percent rate.

"Here's a way of thinking about it, um....How long you been a plumber?...Okay so over the last 15 years, when you weren't making 250, you would have been getting a tax cut from me. So you'd actually have more money, which means you would have saved more, which means you would have gotten to the point where you could build your small business quicker than under the current Tax Code.

"So there are two ways of looking at it. I mean, one way of looking at it is, now that you've become more successful....through hard work, you don't want to be taxed as much, which I understand. But another way of looking at it is 95% of folks, who are making less than 250, they may be working hard too, but they're bein taxed to the higher rate than they would be under mine.

"So, what I'm doin is...put, project yourself back 10 years ago, when you were only makin...whatever, 60 or 70, under my tax plan you'd be keeping more of your paycheck, you'd be having lower taxes, which means, you would have saved and gotten to the point where you are [now] faster.

"Now look, nobody likes high taxes, off course not. So...But what's happened is, we end up, we cut taxes a lot, for folks like me who make a lot more than 250. We haven't given a break to folks who make less, and as a consequence the average wage and income for just ordinary folks, the vast majority of Americans, has actually gone down over the last 8 years. So all I want to do is, I want to....I've got a net tax cut. The only thing that changes this, I'm going to cut taxes a little bit more for the folks who are most in need, and with the 5% of the folks who've been doing very well, even though they've been working hard, and I understand and I appreciate that. I just want to make sure that they're paying a little bit more in order to pay for those other tax cuts.

"Now....I respect the disagreement, I just want you to be clear it's not that I want to punish your success, I just want to make sure that everybody, who is behind you, that they've got a chance at success too.

"I'd be open to it [a flat tax] except for, here's the problem with the flat tax, the uh...is that actually if you put a flat tax together, you probably, in order for it to work and replace all the revenue that we've got, you'd probably end up having to make it like about a 40% sales tax. I mean that's the value added, making it up [making up for the lost revenue]. Now some people say 23 or 25 but in truth, when you add up all the revenue that would need to be raised, you'd have to slap on a whole bunch of sales taxes on it.

"So....I do believe that, for folks like me, who are, you know, have worked hard, but frankly also been lucky, I don't mind paying just a little bit more than the waitress who I just met over there, who's things were slow and, she can barely make the rent, you know, because.

"My attitude is if the economy's good for the folks from the bottom up, it's going to be good for everybody. If you've got a plumbing business, you're going to be better off if you've got a whole bunch of customers who can afford to hire you, and right now everybody's so that business is bad for everybody and I think, when you spread the wealth around it's good for everybody. But I, listen I respect what you do and I respect your question and even if I don't get your vote, I'm still going to be working hard on your behalf cause I want to make sure...Small businesses are what creates jobs in this country and I want to encourage it.

"One other thing I didn't mention, for small business people, I'm going to eliminate the capital gains taxes. So what it means is if your business succeeds, and let's say you take it from a $250,000 business to a $500,000 business, that capital gains you get, we're not going to tax you on it, because I want you to grow more. So you're actually gonna get some...you may end up, I'd have to look at your particular business, but you might end up paying lower taxes under my plan and my approach than under John McCain's plan. I can't guarantee that because I'd have to take a look a it. Alright? Thanks for your...thanks for the question though, I appreciate it."

Obama utterly reverses himself in this last paragraph with Joe the Plumber.  Is rich $250,000?  I mean, Obama himself doesn't seem to think so.  It is Obama who uses this amount as his example in making a specific mention of this "elimination of capital gains" to Joe, numbers relative to Joe's situation, Joe's business and Joe's hard work -- remember $250,000 is the line for "rich" when Obama is imposing his 3% tax increase.  Yet Obama has said small business will get a "tax cut" under his plan.  Well with this last paragraph, that certainly is a tax cut and on those making over $250,000, "the rich."  Now using the same figures as Obama did, the tax increase Obama proposes is $7,500 on income taxes while the capital gain tax amount would be around $37,500 of capital gains taxes -- a net loss of $30,000 to the government!

Of course this means government will come up with a large shortfall, and, the solutions will range from lowering the definition of "rich" below $250,000 to increasing the tax upon them to 5% or 10% or more, they become our source of income over time, maybe even entirely.  The government would become beholden to these wealthy, to their influence and job creation, as the source literally "over and above" the American People.  The free enterprise system and Our Will, the will of the many, would lose its authority to the will of the majority of wealth -- the top 5%.

In other words, the great "change" that is about to happen, if we take Obama's word for it, is to make the people, the poor and middle class, of this nation pay the taxes while providing the upper .1% of this nation with the largest tax cut in the history of the United States of America because of the amount of wealth they already hold.  This explains very well the list of those supporting Obama: George Soros, Warren Buffett, Oprah Winfrey, the majority of Exxon Mobile executives, and a host of others including Wall Street Banks.

These elite of wealth and power are finally going to have a President who recognizes their right to control to achieve a complete enslavement of the American people.  They will be justified if we vest this right in these elite by voting for their candidate, to be subjected to their influence on him, their will.  This is, by Barack Obama's own words, the future if Obama becomes President of the United States of America, according to this capital gains tax cut to those making over $250,000 as Obama notes to Joe above.  Please understand that those making well more than $250,000 will be able to eliminate 150 million dollars of tax on every billion they make merely by creating small businesses as tax shelters.   This capital gains tax cut creates a Ponzi Scheme for the rich, growing numerous entities, to split them again and keep them small businesses.  Mass accumulations of wealth without any responsibility to pay anymore than the tax code provides, which will be less than these billionaires would pay on their consolidated wealth.

It will look good folks, very good, but this will be short lived because the government shortfall will be so great that the threshold of the increase in income taxes will need to be lowered, lowered to include everyone who doesn't have any capital gains.  The 1986 Tax Reform Act is what brought an end to income tax shelters for the wealthy.  Are we now going to bring them back and give the wealthy elite even more places to hide their money?

This is what one must believe in light of Obama saying what he did to Joe and believing there were no open mics at the time. I have no reason not to believe Obama either considering the 600+ million dollars Obama has raised for his campaign -- Obama is just another bought and sold politician, his price was just 6 times higher than anyone else, and the above paragraph reflects his promise to the wealthy.

For weeks now I've been posting this with a variety of notions it brings up, the reason is simple:  If you read the entire transcript, or listen to it, and noticed the last thing Obama said to Joe, you can't help but walk away wondering which part is the lie.  However now I realize it's all true and this is an even greater threat to America than European socialism.  This here is the creation of a communist politburo.  We the people to be reliant on those whose wealth is so great that their desire to lead cannot be denied, they just needed a candidate willing to sell out on principle, sell out on America.  Senator Obama's election to identify with his African roots, to read angry black authors and associate with people who wish to see America and/or it's systems, especially capitalism destroyed, is that candidate.

I am convinced Obama is going to do both because his esteemed backers need recognition, and We the People whose will has defeated them time and time again must be put in our place -- what better way to do that than if we elect to be slaves?

Do the math...

Is Obama going to tax the rich or is Obama going to give the rich a break, or both and enslave 95% of Americans?

What's the truth?


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