Can you believe Obama said this?

This video doesn't expose anything. Another dumb thread trying to make something out of nothing. The tax code in itself is a wealth distribution mechanism. It either benefits more rich people, or more poor people. The only real argument is to do away with the income tax altogether. But to argue over using the tax to help the poor, or minority groups is just asinine.
 
Quote from lolatency:

I just started looking into his birth certificate thing. There are way too many shady aspects behind his birth cert. I don't think Obama is even allowed to be president -- he wasn't born here.
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Neither was McCain. Doesn't matter, at least one parent was American, which is what congress says is all you need.
 
Obama is half white,he was raised by a white mother and white grandparents.

He is talking about the rich giving more to the poor,which he has always talked about.He wasn't being racist towards white people
 
He is correct when he says one group wants to oppress for power and greed.

That group is him, the churches, community organizers, the "Reverends".
All work together to keep the poor, poor, the uneducated, uneducated while the group sucks from the Government tit for mostly personal gain.
 
Quote from Landis82:

Hopefully the President and the US Senate and House are much better at spelling than you are. (Very Scary)
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OK, my spelling is a little off after a few beers on Sat. But the fiscal warning still stands. To think that printing dollars to the moon will have no consequence is quite delusional. I maintain that BO is ethier not as smart as he sounds or he is intentionaly in orchistrating a collapse of the $$.
 
Quote from moneymonger:

OK, my spelling is a little off after a few beers on Sat. But the fiscal warning still stands. To think that printing dollars to the moon will have no consequence is quite delusional. I maintain that BO is ethier not as smart as he sounds or he is intentionaly in orchistrating a collapse of the $$.
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More spelling errors . . .
You are a mess.

How old are you?
Did you got to college?
Ever take a course in Money and Capital Markets?

Somehow, I get the feeling that your understanding of the Fed and FOMC Operations is about as poor as your spelling.

Is Obama responsible for "printing money to the moon" or Ben Bernanke?

Can the FED drain money out of the system just as fast as they inject it?

Of course they can.
Duh.

Here's something else for you to ponder . . .

It's very likely that the US will be the first country to recover from the current Recession. Thus, there will be a huge flow of money into Dollars from overseas as capital flows back into the US to take advantage of the recovery.

It's sounds counterintuitive, but very possible.
 
Quote from moneymonger:

Inasmuch as I dissagree BO on almost all issues, I do respect the forthrightness of his candor. With the notable exception of earmark reform BO was very clear about where he stood in terms of philosophy. There was no secret here. The people voted him with the full understanding of what he was about. (Very Scary)
All we can do is watch this slow motion disaster unfold as spectators would witness a train wreck- knowing that there is nothing we can do to stop it. The true test is to see weather the US Senate can check the excesses of an executive branch that is completely out of control with its desire for more spending.
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If you change BO to GWB, that's exactly how I felt eight years ago.
 
Quote from Landis82:

More spelling errors . . .
You are a mess.

How old are you?
Did you got to college?
Ever take a course in Money and Capital Markets?

Somehow, I get the feeling that your understanding of the Fed and FOMC Operations is about as poor as your spelling.

Is Obama responsible for "printing money to the moon" or Ben Bernanke?

Can the FED drain money out of the system just as fast as they inject it?

Of course they can.
Duh.

Here's something else for you to ponder . . .

It's very likely that the US will be the first country to recover from the current Recession. Thus, there will be a huge flow of money into Dollars from overseas as capital flows back into the US to take advantage of the recovery.

a guess.

It's sounds counterintuitive, but very possible.
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OK wise guy-or girl? I'm not sure. In answer to your questions I happen to be middle age. Did not finish high school. Never attended collage. I employ more people than you probably ever will, and I pay more in tax this year than you will ever make. Just a guess. Maybe I'm wrong.

I am old enough to remember the disaster of the Carter years. I see the current President repeating the same mistakes. I am self educated enough to know that there are laws of economics that are as immutable as the laws of physics. You can only defy
monetary gravity to the point where hyperinflation occurs. Coupled with a constrictionist energy policy I believe we are headed toward Stagflation. Suffice to say that I do hope that I am wrong-but I seen history repeat before.
 
Quote from moneymonger:

Inasmuch as I dissagree BO on almost all issues, I do respect the forthrightness of his candor. With the notable exception of earmark reform BO was very clear about where he stood in terms of philosophy. There was no secret here. The people voted him with the full understanding of what he was about. (Very Scary)
All we can do is watch this slow motion disaster unfold as spectators would witness a train wreck- knowing that there is nothing we can do to stop it. The true test is to see weather the US Senate can check the excesses of an executive branch that is completely out of control with its desire for more spending.
More...

That's not true about people knowing about him before they voted. That was the excuse the left gave for Clinton. That we all knew what a pos he was before he was elected.

MSM hid everything about Obama from the public. Examples:

Birth Certificate
SAT score
LSAT score
Medical Records
School records at Occidental, Harvard, Columbia.
Papers written while in school.
Selective Service records
Law firm clients


Obama didn't even allow his White Granny in Hawaii to be interviewed.

Nothing was known about Obama before he was elected and if you take out voter fraud he probably didn't get 50%.

John
 
Quote from jficquette:

That's not true about people knowing about him before they voted. That was the excuse the left gave for Clinton. That we all knew what a pos he was before he was elected.

MSM hid everything about Obama from the public. Examples:

Birth Certificate
SAT score
LSAT score
Medical Records
School records at Occidental, Harvard, Columbia.
Papers written while in school.
Selective Service records
Law firm clients


Obama didn't even allow his White Granny in Hawaii to be interviewed.

Nothing was known about Obama before he was elected and if you take out voter fraud he probably didn't get 50%.

John
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Don't forget his records from Punahou high school in Hawaii, the most exclusive private school in the state.
 
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