Obama released his new economic plan.  It contains more spending and still no answer as to how he's going to get that money.  He also rolled out the Pelosi Stimulus package.  The most pathetic part was he was encouraging people to dip into their retirement funds up to 10,000 bucks without facing any penalties.  I guess you can't be taken care of by the government from cradle to grave so long as you have a retirement plan to fall back on.

http://elections.foxnews.com/2008/10/13/obama-unveils-economic-proposals-mccain-vows-fight-main-street/

“Anybody gone into Whole Foods lately and see what they charge for arugula?  I mean, they’re charging a lot of money for this stuff.”

B.H. Obama

 
What will be the result if we keep raising the tax rate on the companies and individuals who actually hire the employees? Won't they stop hiring because they need to use that $$ to pay the extra tax?

So then the unemployment rate goes up and the government needs more $$ to pay the unemployed, but the revenues are dropping because the businesses are contracting not growing. So the government has to raise the tax rate on those busienesses and individuals again. And the economy just gets worse. Eventually if you take this philosophy to the extreme, everybody will be working for the government who will then dole out supplies and services as it sees fit. That is called Communism.

Karl Marx must be laughing up a storm in his grave.

You want change? Give me a dollar.

All these money types, who think that Obama is really a moderate and cautious consensus builder and that they can control the economic policies of his presidency remind me of the lady riding on the tiger...  

McNotObama '08

paulejb

Oh well, I guess gasparino will just have to be killed. After all we can't put up with lese majesty. Off with his head. All hail the mighty Obama!

Obama's policy is something liberals had better come to terms with as it is Trotskyite Marxism as I explained long ago, a policy of perpetual revolution to destroy individual rights for the advancement of the elite.

This is a manifesto designed like all communist dogma to enslave people by taking all their money and then rationing it out by the government. Obama did this to Hillary Clinton in campaign funds. Are you getting that point liberals how Obama treated your candidate is how he is  going to screw over all of you.

Obama said today he was going to transfer wealth around. That is stealing it from rich David Letterman and giving it to poor people who will vote for Obama and all his ilk.

I will inform Nancy Pelosi in the same Bolshevik scat she pulled on trying to install thug Murtha is the same thing Obama will employ on you Nance when he gains enough provisional authority.
Maxine Waters in 2012 could very well be Speaker of the House with whatever Obama thug is appointed out of Illinois will displace Harry Reid.

Michael Barone noted this in his Thugocracy of Obama. You liberal Democrats who think you are running the show pulling your Cindy Sheehan garbage are going to have it pulled back on you.

Remember Bill Clinton in his blackmail. Obama is going to unleash his chanting brown shirts on each of you.
Go ahead Nancy and call the FBI. You will find out like all the people being stalked by Obamaniacs that they were ignored.

You liberals know I'm telling the facts here. You always eat your own and Obama is going to eat each and every one of you as his revolution wipes you away and he starts handpicking your replacements in the House and Senate, and moves on to your individual states.
These Islamocommunists dumped over a quarter of a billion dollars into the Obama campaign to change the top. Obama is going to siphon off money to selectively eliminate Bob Casey and Nancy Pelosi.

How about this new election law Ms. Pelosi:

messiah Obama directs that San Francisco must have a gay representative and not a woman.

How about this law Mrs. Clinton:

As New York City has a populace of minorities the Senators from New York must be Black and from Puerto Rican.....

and as you horses look in on the Animal Farm house of Obama, you will notice those mandates will have added, gay Marxists and minority Marxist candidates only.

So you liberals who are not getting through to Obama ,but his policy is getting through to you in how nuts it is for America.......just remember it is Stalin Obama's manifesto. He fully intends to take your liberal money, take your liberal children and draft them and replace all of you liberals with 3rd world Marxists he is importing.

Enjoy your revolution which you thought was change as you idiots are being led to your own slaughter by a Judas Goat Marxist.

*HIC IACET ARTORIVS REX QVONDAM REXQVE FVTVRVS

Here is part of Obama's tax plan ina a response to a question asked by a plumber.

From CBS News' Maria Gavrilovic:

(TOLEDO, OHIO) - Barack Obama went canvassing today in a middle class neighborhood in Holland shortly after arriving here for a two days of debate prep. Accompanied by local campaign aides and volunteers, he spent almost an hour knocking on doors and talking to voters.

Crowds gathered on Shrewsbury Street as word got out that Obama was in the neighborhood.

“I’m moved to tears. This is amazing,” one young teacher said after she spoke to the Democratic nominee.

As he made his way down the street, Obama was barraged by questions about the economy, mortgages, and taxes. This was perhaps the best kind of debate prep for him, because not all of the conversations were easygoing. One man in particular questioned Obama’s tax plan, telling him that he is about to buy a company that makes more than $250,000 a year.

“Your new tax plan is going to tax me more, isn’t it?” the man asked.

Obama responded by telling the voter that his business would get a 50% tax credit for health care, but that his taxes will go up from 36% to 39%.

“I want to give all these folks who are bus drivers, teachers, auto workers who make less, I want to give them a tax cut,” Obama explained.

The man wasn’t convinced, telling Obama that he has been a plumber for 15 years and doesn’t believe that he should be taxed more.

After explaining that the tax rate would be the same as under Bill Clinton and that 95% of Americans make less than $250,000, Obama made one last pitch to the voter.

“I’m gonna cut taxes a little bit more for the folks who are most in need and for the 5% of the folks who are doing very well - even though they’ve been working hard and I appreciate that – I just want to make sure they’re paying a little bit more in order to pay for those other tax cuts,” Obama said.

“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.”

As Obama left, he told the crowd, “I’ve gotta go prepare for this debate, but that was pretty good practice right there!”

http://www.cbsnews.com/blogs/2008/10/12/politics/fromtheroad/entry4516350.shtml

 Here is part of his spending plan.

$920 Billion More to Bail Out the World

With one socialist “bailout” bill apparently on the way to passage by Congress, two more are pending―both of them sponsored by Senator Barack Obama. One is the Jubilee Act, which would cancel as much as $75 billion worth of Third World debt, and the other is the Global Poverty Act, which would cost an estimated $845 billion. Total potential cost: $920 billion.

The rest of his grand idea for spending is here.

http://www.aim.org/aim-column/920-billion-more-to-bail-out-the-world/

You folks want to know the scary part? He's most likely going to be even more liberal than he says he's going to be.

Obama's Economic plan: more taxes, more spending, more regulation. Prosperity here we come.

I think it's pretty clear that Obama intends to crash the economy. We all know Bush will get the blame. Only with a crisis can you get citizens to willingly give up their freedoms. Isn't that how all tyrannical forms of government get started?

I wonder if we will all have matching uniforms to wear to the sham Constitutional Convention? I suspect brown shirts for most of us, but, oh yeah, the Camp Obama graduates will surely have very stylish black ones.