Obama Presidential Thread XIX: Starting a new chapter

[pirate]

Re: Obama Presidential Thread XIX: Starting a new chapter

Whats funny is that this is very high unemployment for us, yet it is still under the European average for the past 30 years.

And why are we broke? Because we have spent too much. Revenue to the gov't has grown at a rate well above inflation. Unfortunately, spending has far outpaced that. I don't see how spending more would have somehow put us in a better spot.

Well, we're a few hundred years younger than them, right?

Don't be silly, Adrian Peterson, the more we spend on programs the less people become dependent upon them. Same as raising your kids or those who work for you, the less you ask them to do for themselves, the better off they'll be, and it improves with each generation.

Just as we owe it to the least among us to ensure a safety net, we owe it to them to help them get out of that status vs. turning the safety net into a spider's web.

 

[5mn_Major]

Re: Obama Presidential Thread XIX: Starting a new chapter

Sorry, I don't usually post this kind of stuff, but...

Sarah Palin's Sputnik moment

"When [The President] so often repeated the Sputnik Moment that he would aspire Americans to celebrate. He needs to remember that what happened back then with the former communist USSR and their victory in that race to space, yeah, they won, but they also incurred so much debt at the time that it led to the inevitable collapse of the Soviet Union."

 

[mookie1995]

Re: Obama Presidential Thread XIX: Starting a new chapter

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it?
That's $3,800 on a $100,000 home etc.
When did this happen? It's in the health care bill. Just thought you should know.
SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill)
REAL ESTATE SALES TAX
So, this is "change you can believe in"?
Under the new health care bill - did you know that all real estate transactions will be subject to a 3.8% Sales Tax? The bulk of these new taxes don't kick in until 2013 If you sell your $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation who often downsize their homes. Does this stuff make your November and 2012 vote more important?
Oh, you weren't aware this was in the obamacare bill? Guess what, you aren't alone. There are more than a few members of Congress that aren't aware of it either


Why am I sending you this? The same reason I hope you forward this to every single person in your address book, because an election is coming in November, 2012!

 

[unofan]

Re: Obama Presidential Thread XIX: Starting a new chapter

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it?
That's $3,800 on a $100,000 home etc.
When did this happen? It's in the health care bill. Just thought you should know.
SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill)
REAL ESTATE SALES TAX
So, this is "change you can believe in"?
Under the new health care bill - did you know that all real estate transactions will be subject to a 3.8% Sales Tax? The bulk of these new taxes don't kick in until 2013 If you sell your $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation who often downsize their homes. Does this stuff make your November and 2012 vote more important?
Oh, you weren't aware this was in the obamacare bill? Guess what, you aren't alone. There are more than a few members of Congress that aren't aware of it either


Why am I sending you this? The same reason I hope you forward this to every single person in your address book, because an election is coming in November, 2012!

Derp be derp?

 

[collegehcky2]

Re: Obama Presidential Thread XIX: Starting a new chapter

Derp be derp?

There's a catch.

In fact, according to the National Association of Realtors, which received so many questions about this that they set up a separate Web link, the new law does not impact average home sellers, just a handful of those in the very top income bracket.

The non-partisan website FactCheck.org also has been flooded with questions. Here's what they say about the widely circulated e-mail:

"The truth is that only a tiny percentage of home sellers will pay the tax. First of all, only those with incomes over $200,000 a year ($250,000 for married couples filing jointly) will be subject to it. And even for those who have such high incomes, the tax still won't apply to the first $250,000 on profits from the sale of a personal [primary] residence -- or to the first $500,000 in the case of a married couple selling their home."

 

[5mn_Major]

Re: Obama Presidential Thread XIX: Starting a new chapter

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it?
That's $3,800 on a $100,000 home etc.
When did this happen? It's in the health care bill. Just thought you should know.
SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill)
REAL ESTATE SALES TAX
So, this is "change you can believe in"?
Under the new health care bill - did you know that all real estate transactions will be subject to a 3.8% Sales Tax? The bulk of these new taxes don't kick in until 2013 If you sell your $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation who often downsize their homes. Does this stuff make your November and 2012 vote more important?
Oh, you weren't aware this was in the obamacare bill? Guess what, you aren't alone. There are more than a few members of Congress that aren't aware of it either


Why am I sending you this? The same reason I hope you forward this to every single person in your address book, because an election is coming in November, 2012!

A 3.8 Percent “Sales Tax” on Your Home? Fact check says largely no.

http://www.factcheck.org/2010/04/a-38-percent-sales-tax-on-your-home/

 

[Priceless]

Re: Obama Presidential Thread XIX: Starting a new chapter

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it?
That's $3,800 on a $100,000 home etc.
When did this happen? It's in the health care bill. Just thought you should know.
SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill)
REAL ESTATE SALES TAX
So, this is "change you can believe in"?
Under the new health care bill - did you know that all real estate transactions will be subject to a 3.8% Sales Tax? The bulk of these new taxes don't kick in until 2013 If you sell your $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation who often downsize their homes. Does this stuff make your November and 2012 vote more important?
Oh, you weren't aware this was in the obamacare bill? Guess what, you aren't alone. There are more than a few members of Congress that aren't aware of it either


Why am I sending you this? The same reason I hope you forward this to every single person in your address book, because an election is coming in November, 2012!

Hey Mookie, someone needs your help.

Dear Friend,

I wish to approach you with a request that would be of immense benefit to
both of us. I am an attorney based in Scotland United Kingdom. I want you
and I to make some fortune out of a situation that I am obviously left
with no other better option. The issue that I am presenting to you is a
case of my client that willed a fortune to his only daughter. It is
unfortunate that he and his daughter died on the London Bomb attacks on 7
July 2005. The wife died of heart attack on receiving the sad news a week
after. I am now faced with a problem of getting a trusted person who I
will make the beneficiary that I would pass the fortune to. And according
to the law such fortune is supposed to be bequeathed to the government if
there is not any relatives or next-of-kin of the decease that would
surface for claim of the fortune.

However, I personally dont belong to such school of thought that proposes
that such fortune be given to the government because this is cheating and
is possible that the top government officials for their own selfish
interest could divert the fortune. Because of this I am contacting you to
seek your acting as the beneficiary of the will. I am my client attorney
and I alone knew about his will. Upon indication of your interests, all I
will do is to amend the will by fitting in your name as the supposed
next-of-kin and back it up with a sworn affidavit, which automatically
became valid. This amendment should be between us and must not leak out to
anyone. It is absolutely confidential.

I have complete information of his bank account details with an
outstanding balance of $48,550,000.00USD ($48.550 Million USD). To make
you be sure of this, I can provide you with details of his bank to enable
you to log on to his account to confirm this balance. I know that you
would be apprehensive and feel that this is a big sum, but it does not
matter because this is a legacy being passed on to a next-of-kin and you
are the available next-of-kin.

As I am not very sure of getting your consent yet on the issue, I prefer
not to divulge my full identity so as not to risk being disbarred. Until I
am sure of your consent and full cooperation then I will not be afraid to
give you my full identity. In the meanwhile, I would prefer that we
maintain correspondence by email and fax. At this point I want to assure
you that your true consent, full cooperation and confidentiality are all
that are required to enable us to take full advantage of this golden
opportunity.

I shall make representation to the legal courts to facilitate the
amendment process within three working days. Since this is a transaction
of immense benefit to both of us, I would want that we shared all expenses
according to our agreed sharing ratio of the fortune. The sharing ratio
shall be 60% for me and 40% for you. This shall also be applicable to all
expenditures that would be incurred in the course of the transaction
because I wouldn?t want either of us to feel cheated. Please note that
this is a legal and risk free transaction that does not in anyway hamper
the monetary laws of your country. It is an inheritance fund.

If you are interested to work with me, please provide me with your name,
address, nationality, age, and date of birth, height, and phone and fax
numbers as required for the amendment of the WILL. On completion of this,
I will send you a copy of the amended WILL which you will fax to the bank
with a back up letter written by your good self requesting for the release
of the fund to you. I will also write to the bank as the legal
representative of my client before his demise, ordering for the transfer
of the fund to you, as the beneficiary of his will.

I will appreciate your urgent response in this regard. Thanks for your
anticipated cooperation.You can as well reach me on mudoock@walla.com

Yours faithfully,
Kirk Murdock.

 

[WeWantMore]

Re: Obama Presidential Thread XIX: Starting a new chapter

Awesome post.

The FCIC just came out with a report that says that Bush and Obama bear a good deal of responsibility for the financial crisis. Not shocking news...except for the fact that the crisis had pretty much already happened by the time Obama came to office.

Let's not kid ourselves about this report. 6-4 vote, purely along party lines.

 

[Bakunin]

Re: Obama Presidential Thread XIX: Starting a new chapter

Better hope you never get married, then.

Or become a follower of any religion...

 

[ScoobyDoo]

Re: Obama Presidential Thread XIX: Starting a new chapter

A 3.8 Percent “Sales Tax” on Your Home? Fact check says largely no.

http://www.factcheck.org/2010/04/a-38-percent-sales-tax-on-your-home/

Still an atrocity. The beautiful people are getting taxed and that's all that matters.

* A single executive making $210,000 a year who sells his $300,000 ski condo for a $50,000 profit. His tax on the sale of that vacation home would amount to $1,900, in addition to the capital gains tax he would have paid anyway.
* An "empty nester" couple with combined income of over $250,000 a year who sell their $1 million primary residence to move to smaller quarters. If they cleared $600,000 on the sale, they would be taxed on $100,000 of the profit (the amount over the half-million-dollar exclusion). Their health care tax on the sale would amount to $3,800 over and above the usual capital gains levy.

 

[Handyman]

Re: Obama Presidential Thread XIX: Starting a new chapter

Further proof that the rich are so oppressed.

I was talking to my buddy the other day, leans more to the right than anything (especially fiscally) and identifies himself as a GOPer...asked him what he thought of the SOTU and he said "I watched it, and Obama these days seems closer to being a Republican than most Republicans do." We both thought that was pretty scary.

 

[huskyfan]

Re: Obama Presidential Thread XIX: Starting a new chapter

Are we invading Egypt yet?

we do have a pyramid on our money ... hmmm ... I smell conspiracy!!

 

[dxmnkd316]

Re: Obama Presidential Thread XIX: Starting a new chapter

Further proof that the rich are so oppressed.

I was talking to my buddy the other day, leans more to the right than anything (especially fiscally) and identifies himself as a GOPer...asked him what he thought of the SOTU and he said "I watched it, and Obama these days seems closer to being a Republican than most Republicans do." We both thought that was pretty scary.

I thought it was an excellent speech.

 

[joecct]

Re: Obama Presidential Thread XIX: Starting a new chapter

Better hope you never get married, then.

Secrets for a successful marriage:
"Yes Dear"
"It's all my fault"
"I'm sorry"
"I'll never do it again"

 

[Handyman]

Re: Obama Presidential Thread XIX: Starting a new chapter

I thought it was an excellent speech.

So did he...it wasnt the speech that scared us, but how things have shifted the last few years.

 

[Kepler]

Re: Obama Presidential Thread XIX: Starting a new chapter

So did he...it wasnt the speech that scared us, but how things have shifted the last few years.

It always seems like "the last few years." The far right's been scary for decades, their enablers just keep mistaking their rhetoric for electioneering and then are shocked to suddenly "discover" they're serious.

 

[WeWantMore]

Re: Obama Presidential Thread XIX: Starting a new chapter

So did he...it wasnt the speech that scared us, but how things have shifted the last few years.

So, your friend, who leans to the right, was disappointed to hear that Obama was leaning to the right?

 

[WeWantMore]

Re: Obama Presidential Thread XIX: Starting a new chapter

As expected, a Florida judge ruled today that the Obamacare mandate is unconstitutional. Unlike the Virginia ruling last year though, the judge determined that the mandate was not severable, and the entire thing is void.

Not terribly consequential in the grand scheme of things obviously.

 

[Priceless]

Re: Obama Presidential Thread XIX: Starting a new chapter

As expected, a Florida judge ruled today that the Obamacare mandate is unconstitutional. Unlike the Virginia ruling last year though, the judge determined that the mandate was not severable, and the entire thing is void.

Not terribly consequential in the grand scheme of things obviously.

Darned liberal activist judges.

For most people, an "activist judge" is one whose opinions they don't agree with. But Judge Vinson's ruling today -- that the entire health care law must be voided because he found one provision unconstitutional -- really meets an indisputable definition of "activist."

Vinson tossed the entire thing because it lacked a "severability clause," which would have compartmentalized the legislation itself and forced judges to weigh individual sections on their own merits. But the standard is not that an unseverable law should be stricken in its entirety. Noted liberal activist judge John Roberts recently struck a sole provision of the Sarbanes-Oxley law, which likewise lacks a severability clause.

"We agree with the Government that the unconstitutional tenure provisions are severable from the remainder of the statute," he wrote.

Simply ruling against the mandate puts any judge on the opposite side of the vast majority of expert legal opinion. But given that ruling, a less "activist" judge could have stricken the mandate, along with directly relevant provisions -- like guaranteed issue and the ban on discrimination against people with pre-existing conditions. Vinson decided instead to "legislate from the bench" and scrap the subsidies, regulations, marketplaces, and other goodies the law creates that really have nothing to do with the mandate as well.

 

[WeWantMore]

Re: Obama Presidential Thread XIX: Starting a new chapter

I read that same article earlier. Not so sure about this line:

Simply ruling against the mandate puts any judge on the opposite side of the vast majority of expert legal opinion.

On the severability thing though, he may have a point, that does sound rather "activist". However, wasn't every liberal talking your ear off before the bill got taken to court about how important the mandate was and how without the bill wouldn't work? In that light, I can see his argument.