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Old 11-15-2012, 04:12 AM   #1
Tucker134
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obama's presser

He inflated the debt in this country with an almost trillion dollar stimulus that hasn't worked, pushed through Obamacare on a party line vote that will only add to the deficit and throw our nations health plan into an abyss, and his answer for his 2nd term is 1.6 trillion in tax hikes...money that will be taken out of the private sector and given to the govt for redestributive purposes. This is insane. Since his reelection, the markets are rolling over...the dow is down over 600 points and the credit mkts are illiquid and down substantially. People with money to invest will take their ball and go home...we are seeing it already. God help us.
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Old 11-15-2012, 05:09 AM   #2
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Vorwarts!
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Old 11-15-2012, 06:18 AM   #3
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Entitlement spending has us drowning in debt, not tax rates.
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Old 11-15-2012, 08:28 AM   #4
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Quote:
Originally Posted by Tucker134 View Post
Entitlement spending has us drowning in debt, not tax rates.
All spending has drowned us in debt. It all needs to be on the table from the piddly amount given to PBS, to the duplicate nature of multiple government agencies doing the same jobs, to entitlements, to Obamacare, to massive defense spending and gross government waste. If someone would do something about the ridiculous spending issues our government has I wouldn't be against reasonable tax hikes. The problem is that there is no realistic reason to believe that higher taxes will not mean higher spending.
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Old 11-15-2012, 09:01 AM   #5
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Quote:
Originally Posted by Tucker134 View Post
He inflated the debt in this country with an almost trillion dollar stimulus that hasn't worked, pushed through Obamacare on a party line vote that will only add to the deficit and throw our nations health plan into an abyss, and his answer for his 2nd term is 1.6 trillion in tax hikes...money that will be taken out of the private sector and given to the govt for redestributive purposes. This is insane. Since his reelection, the markets are rolling over...the dow is down over 600 points and the credit mkts are illiquid and down substantially. People with money to invest will take their ball and go home...we are seeing it already. God help us.
Just imagine how great everything would be today if the Mittster had pulled it out.
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Old 11-15-2012, 10:24 AM   #6
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Just imagine how great everything would be today if the Mittster had pulled it out.
I believe a robust economy is the best antidote...Mitt was the man for that. Oh well.
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Old 11-15-2012, 10:29 AM   #7
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Originally Posted by Trades View Post
All spending has drowned us in debt. It all needs to be on the table from the piddly amount given to PBS, to the duplicate nature of multiple government agencies doing the same jobs, to entitlements, to Obamacare, to massive defense spending and gross government waste. If someone would do something about the ridiculous spending issues our government has I wouldn't be against reasonable tax hikes. The problem is that there is no realistic reason to believe that higher taxes will not mean higher spending.
Totally agree...I believe Simpson Bowles...Obama's deficit commission, had the same ideas. He called their recommendations "a framework for a conversation". So he ignored them...
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Old 11-15-2012, 10:31 AM   #8
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Totally agree...I believe Simpson Bowles...Obama's deficit commission, had the same ideas. He called their recommendations "a framework for a conversation". So he ignored them...
before or after Paul Ryan led a group of house Republicans to kill it?

Last edited by 21st Amendment; 11-15-2012 at 10:34 AM.
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Old 11-16-2012, 07:41 AM   #9
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It is just to damn bad ain't it.

Quote:
Originally Posted by Tucker134 View Post
He inflated the debt in this country with an almost trillion dollar stimulus that hasn't worked, pushed through Obamacare on a party line vote that will only add to the deficit and throw our nations health plan into an abyss, and his answer for his 2nd term is 1.6 trillion in tax hikes...money that will be taken out of the private sector and given to the govt for redestributive purposes. This is insane. Since his reelection, the markets are rolling over...the dow is down over 600 points and the credit mkts are illiquid and down substantially. People with money to invest will take their ball and go home...we are seeing it already. God help us.
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Old 11-16-2012, 08:19 AM   #10
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The most interesting moment of that press conference was what Obama said in response to McCain and Graham criticizing Susan Rice over Benghazi -- "That's outrageous; you come after me!"

I'm pretty sure Romney did go after him in the 2nd debate on that very issue, and he deflected his argument by insisting that just asking him about it was "insulting." Can't have it both ways, Mr. President.
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