Showing posts with label wall street. Show all posts
Showing posts with label wall street. Show all posts

Monday, October 20, 2008

Taxpayer “Spread the Wealth” Questions of the Day

Question No. 1: How much is $700,000,000,000 per American citizen?

[Please check one box]
□ A: 5¢

□ B: 13¢

□ C: $2,333.33


Question No. 2: Where does the Republican Party think the money comes from to pay for the Wall Street rescue?

[Please check one box]
□ A: It grows on trees

□ B: If we cut taxes down to zero, we won’t have to pay for anything

□ C: The next Democratic presidential administration

□ D: Any or none of the above


Question No. 3: How does the McCain-Palin ticket propose to pay for government—including the next Wall Street rescue—if they have the honor of being elected?

[Write your answer in the box. Please be specific:]



Question No. 4: Which is better for the American citizen?

[Please check one box]
□ A: SHARE THE WEALTH, Democratic-style: People making more than a quarter of a million dollars a year pay a bit more in taxes.

□ B: SHARE THE WEALTH, Republican-style: Everybody in America contributes to a $700,000,000,000 bailout of Wall Street.


Labels Such as “Spread the Wealth” and “Socialism” Are an Easy Excuse for not having any real answers. “Let the other guy do it” may be an easy way to win an election. But it's a lousy way to run a great nation.

______________________________________________
______________________________________________
Answers:

1: C (Based on an estimated 300,000,000 American citizens. $9,333.32 per family of four. )
2: D (It's never mentioned)
3: Wrong
4: A or B (Voters' Choice)


Sunday, October 19, 2008

Style Over Substance: The Republican “Spread the Wealth” Plan

The Wall Street Rescue Plan Is the Republican Version of “Spread the Wealth.” The effects of the past twenty-eight years of Republican deregulation and Liberal-bashing have led to the greatest spreading of wealth in the Nation’s history. All 300,000,000 of us must “spread” our “wealth” to protect the McCain-named “greed and corruption on Wall Street.”

If “Spread the Wealth” Is Really the Republican Program, how can Senator McCain and Governor Palin get away with accusing Barack Obama? The answer is simple: it depends on John McCain’s sarcastic tone and Sarah Palin’s humorous barbs about “Joe the Plumber” and “Ed the Dairyman.” By pushing these false examples—of people who would actually gain in the wealth of Wall Street CEOs under an Obama plan—the Republican candidates exercise their own right to “Style Over Substance.”

Style Over Substance Is What the Republican Party Has Given Us for the Past Eight Years. Meanwhile, they have “spread the wealth” of middle-class American, to bailout the multimillionaires on Wall Street. $700,000,000,000 and counting: that’s how much taxpayer money the Republican “Spread the Wealth” plan has spread to rescue Wall Street. Where is the “trickle down” in that?

General Colin Powell Makes His Case for Barack Obama eloquently. While John McCain and Sarah Palin believe that being an Arab-American or a Muslim-American or a French-American or an American city dweller is a bad thing, Colin Powell points out the essential American point-of-view:

We Are All Americans. While Sarah Palin talks about “pro-America” parts of the country, nothing in the Barack Obama or Joe Biden record shows either leader categorically dismissing any American citizens as second-class.

Style Over Substance? Second-Class Americans? That’s the McCain-Palin approach, for which un-American positions they should be resolutely denied election to higher national office.

Style and Substance? That’s What Barack Obama Offers America
throughout this long campaign and in presidential leadership to come. Now, early voting is begun in many states throughout the nation. One party in this election clearly seeks to represent all of America. We are one nation. United and indivisible.

Barack Obama and Joe Biden Ask for Your Vote. They need it now. America needs your vote now. It is time to show the “Spread the Wealth” Republicans that “Country First” means all the country. And “Hope” and “Change” represent the real American future, to end this long era that has put the failed policies of “Wall Street First” ahead of the safety and security of the greatest nation the world has ever known.


Thank You for Your Support

Wednesday, October 1, 2008

Can America Really Have It Both Ways?

Anyone Listening to Senator McCain over the past few weeks has heard him promise to rid Wall Street of greed, while deregulating the economy so that America can get back to work.

But Greed Is One of the Key Reasons
that regulation is needed. And regulation is what the Republican Party has spent the last eight years getting rid of.

Senator McCain, Like Most People, wants to provide necessary government services, while lowering the taxes necessary to pay for them.

The Way Conservatives Explain It, when tax rates are lowered, tax revenues go up. If that’s the case, doesn't it make better sense to get rid of tax rates entirely, and let tax revenues rise through the roof?

Another Way of Saying This Is
“You Get What You Pay For.” Republicans don't want to pay for anything. These years of the twenty-first century in America so far are the result.

“Voodoo Economics,” is what George H.W. Bush called it. And current circumstances make it look like he had something.

The Past Seven Years Provided an Unprecedented Opportunity
for Conservative Americans and the Republican Party to put their free-market ideas to the test. Controlling all three branches of the Federal Government for six of those years is about as good as it gets. And yet almost 90% of Americans say that the economy now is about as bad as it gets.

The Free-Market Ideology Does Not Work. Not back in the 1920s. Not in the twenty-first century. It makes no sense. It is illogical. It is “voodoo economics.”

Yeah, But What Really Went Wrong? Maybe the following quote from David Brooks’s column, “Revolt of the Nihilists,” in The New York Times, 09/30/2008 (italics by Channeling Barack Obama) may shed some more light on a key Conservative ideological flaw:


“What We Need in this Situation Is Authority. Not heavy-handed government regulation, but the steady and powerful hand of some public institutions that can guard against the corrupting influences of sloppy money and then prevent destructive contagions when the credit dries up.”


What Public Instititutions Is David Brooks Talking About? The Carnegie Library? The American Red Cross? The Daughter of the American Revolution?

The Key to the Republican Disaster
is this cluelessness about government. Republicans don’t know what government is. They don’t know how it works. They finally seem tired of running it.

Here’s Hoping that on November 4, 2008, They Finally Give America Some Government Back
.


My Name Is Not Barack Obama, and Barack Obama does not even know that this exists.



Thursday, September 25, 2008

Conservatives Have Been Rushed Too Often

We Americans Have Been Rushed in the Wrong Direction Too Many Times by the current presidential administration, and the current situation looks like more of the same: a proposal which somehow protects Wall Street and its CEOs, while putting the rest of America at greater risk.

Genuine Conservative Americans have been at a loss in the current political circumstance. But the choice of feckless Republicans has not been the answer. Our sad, recent history shows this.

It Is Time to Refine Our Ideologies. With the factual evidence of the past eight years, we now know that regulation, always imperfect, is also always necessary. Laws and regulations mitigate unfettered greed and recklessness. Conservatives must find a better way.

No One Likes to Be Regulated or Taxed. But a government without controls--or without income--is a crippled government going over the falls. And a Congress which rushes always to the aid of the ship, while consistently ignoring the passengers, will eventually founder.

Fortunately for America, Congress Is Not Cowed This Time. The bipartisan cooperation currently rises to meet the high expectations of the American public. Those expectations shall not be disappointed. In times of dire crisis—when it really matters—the United States Congress comes through.

The Success of the Barack Obama Campaign to date, meanwhile, shows that the presidential candidate knows how to manage. Against formidable opponents along the way, he has demonstrated an agile ability to learn as he goes along. The Nation currently rushes toward a Niagara Falls of economic distress. At the helm, we want a clear head, undistracted by ideology, with a pragmatism that represents the finest spirit of the American people.

My Name Is Not Barack Obama, and Barack Obama does not even know about this message.


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