Why Obama Will Be Re-elected

[Golem]

C. Rich
America Speaks Ink
September 24, 2010

Try to picture “Joe Anybody” sitting in his home he purchased with that huge tax credit The Obama Administration handed him. He acquired his mortgage from some leftover Fannie and Freddie crumbs at the mortgage table...

More, with reader comments

[DumbAss Tanker]

Seems just a wee bit premature to be prognosticating on that one.

[RightCoast]

Picture joe somebody that rushed to buy a 200-300k house that they can't afford just to get a stupid 8 grand. And they don't get it for something like 3 years.

[TheSarge]

Seems just a wee bit premature to be prognosticating on that one.

It's never too early if you're on a Conservative website toting the water for Obama.

[TheSarge]

Picture joe somebody that rushed to buy a 200-300k house that they can't afford just to get a stupid 8 grand. And they don't get it for something like 3 years.

Picture Joe Somebody...seeing that housing credit wiped out by the increase in his income taxes in January and further burdened by the taxes in Obamacare that kick in too.

[BlueStateSaint]

Picture Joe Somebody...seeing that housing credit wiped out by the increase in his income taxes in January and further burdened by the taxes in Obamacare that kick in too.

That's why the housing market will continue to go down until 2013, or at least until the next presidential election.  Right now, my money's on Haley Barbour. 

[true_blood]

Picture Joe Somebody...seeing that housing credit wiped out by the increase in his income taxes in January and further burdened by the taxes in Obamacare that kick in too.

......And unemployed and left with a mortagage to pay.

[thundley4]

I don't think the author of the article was advocating that Obama should be reelected, more that Obama is trying to buy votes just like the DemonRats have always done.  That was the purpose of including the video.
[youtube=425,350]http://www.youtube.com/watch?v=HAd0jOuQg8o[/youtube]

[Golem]

I don't think the author of the article was advocating that Obama should be reelected, more that Obama is trying to buy votes just like the DemonRats have always done.  That was the purpose of including the video.
[youtube=425,350]http://www.youtube.com/watch?v=HAd0jOuQg8o[/youtube]

Give that man a cigar.

[Zeus]

•In January 2007 before the Democrats took over Congress, unemployment was 4.6 percent; now it's 9.6 percent.
•In January 2007 there were 7.1 million unemployed people in America; now there are 14.9 million.
•In January 2007 the median home price was $210,600; today it's $179,300.
•In January 2007 the Dow Jones Industrial Average was at 12,500; today it's at 10,840.
•In January 2007 the gross federal debt was $9 trillion; today it's $13.5 trillion.
•The poverty rate in 2006 was 12.3 percent; now it's 14.3 percent
•In the final budget created by a GOP-controlled Congress, the deficit was $160 billion; now it's $1.6 trillion.

Source

Claiming to tax only the rich has always been more political strategy than fiscal realism. As we wrote in February 2009 ("The 2% Illusion"), IRS tax data show that you could have taken 100% of the taxable income of every American who earned more than $500,000 in the boom year of 2006 and still only have raised $1.3 trillion in revenue. That amount would not have closed the budget deficit in either of the last two fiscal years. Liberals pretend they can finance a European-style entitlement state by taxing only the rich because they know that soaking the middle class is unpopular.

Source

[thundley4]

•In January 2007 before the Democrats took over Congress, unemployment was 4.6 percent; now it's 9.6 percent.
•In January 2007 there were 7.1 million unemployed people in America; now there are 14.9 million.
•In January 2007 the median home price was $210,600; today it's $179,300.
•In January 2007 the Dow Jones Industrial Average was at 12,500; today it's at 10,840.
•In January 2007 the gross federal debt was $9 trillion; today it's $13.5 trillion.
•The poverty rate in 2006 was 12.3 percent; now it's 14.3 percent
•In the final budget created by a GOP-controlled Congress, the deficit was $160 billion; now it's $1.6 trillion.

Source

Claiming to tax only the rich has always been more political strategy than fiscal realism. As we wrote in February 2009 ("The 2% Illusion"), IRS tax data show that you could have taken 100% of the taxable income of every American who earned more than $500,000 in the boom year of 2006 and still only have raised $1.3 trillion in revenue. That amount would not have closed the budget deficit in either of the last two fiscal years. Liberals pretend they can finance a European-style entitlement state by taxing only the rich because they know that soaking the middle class is unpopular.

Source

The current argument about letting the Bush tax cuts for the wealthy is more political pandering to the class wars. Raising the taxes on those making over $250K/year will bring in about $800B/10 years. The tax increase from letting the tax cuts on those under $250K/year would bring in over $3 Trillion over those same 10 years.

[mamacags]

I swear I have never seen so many people, either posing as racists or being racists, in comments section lately.  It seems like every other poster has to say something racist.  On every forum, everywhere, they are at it.  Do the dems really think that posting racist shit on You Tube is going to win them an election?  I think America is over the racist crap.