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ceile Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:13 PM
Original message
RW coworker sent me this
A lovely piece from Newsmax:

"President Obama and the Coming Stock Market Crash

How destructive to the U.S. economy would a Barack Obama presidency be?

An exclusive Newsmax analysis warns: There could be a very rough time ahead.

Beneath Obama's flowery rhetoric lies a dangerous economic plan that will wreak havoc on the American economy.

Obama plans to return to the failed policies of high taxation coupled with an
expansion of government spending.

Worse, Obama says he is absolutely committed to almost doubling the capital gains rate; something he will easily accomplish with a Democrat Congress.

In the coming months; when investors realize that Obama will raise the cap gains rate; there could be a stampede of asset sales as investors rush to take their profits now to avoid Obama's doubling of the tax rates next year.

All of these issues and more are explored in Newsmax magazine's special report "Obamanomics; the Coming Tax-and-Spend Nightmare," by Wall Street Journal columnist John Fund.

This Newsmax magazine special report gives Americans the first in-depth look at the Democratic presidential candidate's likely strategies; and how they will affect not just the larger economy, but your personal wealth as well.

Indeed, Obama makes no bones about his plans to go on a tax rampage. Not only would he increase the capital-gains tax rate from 15 percent to as much as 28 percent, he wants to allow the 2001 and 2003 Bush tax cuts to expire in 2010, which effectively raises taxes on Americans by tens of billions of dollars.

He also wants to do away with the $102,000 FICA payroll tax cap, which means anyone making over $102,000 would pay an additional 7 percent in taxes on earned income.

And the loan dividend tax rate George Bush implemented? Under President Obama it will be DOA!

If you are concerned about your wealth and family's financial well-being; and that the American economy remains strong; you must read this special report and share it with friends and family.

This wide-ranging Newsmax report explores:

How Obama's policies could cost more than $850 billion over four years

The dire repercussions of Obama's minimum wage proposal for small businesses and retail outlets

Obama aides' private and very revealing admission about the candidate's economic savvy

The surprising revelation when Barack's own tax returns were reviewed by an expert

The "proof" that Obama will kowtow to organized labor Obama's Social Security plan: a giant income-redistribution scheme

How Obama's policies could boost some tax rates to 60 percent
Leading economist Arthur Laffer's warning on Obamanomics
Obama's policies point by point on energy, healthcare, regulation, and the housing crisis
Who would lose under Obama's tax proposal; and who would win
How Barack "flunked" an easy question on capital gains
The Democrat's contradictory statements on tax increases
Why Obama's campaign against special interests would backfire
Obama's plan to double America's foreign aid
How Obama's trade policies would damage U.S. multinationals
Obama's embarrassing denial regarding NAFTA
The National Taxpayers Union's Obama rating: just 5 percent
Obama's misguided views on technology's future
How the Democrat would undermine private sector healthcare
Obama's tactics; old left-wing populist ploys

Get our "Obamanomics" report for $35.00
Newsmax.com
4152 West Blue Heron Blvd, Ste 1114
Riviera Beach, FL, 33404 USA"

Sorry no link-she it as an attachment. I tell her not to send me any bigoted, wing nut articles from this sorry excuse for "news".

Here's what she sends back:

"Ceile-sorry for stepping on your thoughts.

However, just thought you might like to know about raised taxes that will hurt the middle to lower class citizens. I support all poverty and uninsured people and I academically read the newsmax information and concurred with it from what I have learned about Obama.

He is a social democrat as was Roosevelt...look at Obama's Change for America plan and it is a carbon of Roosevelt's New Deal. Social democrats do not believe in fighting terrorism, want to close the borders and do not believe in free enterprise. Obama is also a black nationalist and they are anti-semitic and anti-American. Whether he states he is not...he actually is.

A director of a safety council in another state who is mentally brilliant and insightful documented and put together 28 lies that Obama has told. If you look at how the media put him as a golden boy and gave him free 6 months of infomercial time while they negated Hillary and what the DNC did to not reward the voters in Florida and Michigan for their votes then you might understand why I sensed that the newsmax paper was on the right path.

O'Reilly, Glenn Beck and other serious news reporters on the political scene are beginning to make statements concerning some of these same issues.

I promise I will never send you anything else that disturbs your thoughts on what you consider to be correct. I am very academic and just enjoy helping others learn...sometimes our paradigms need to be upset."

Condescending much? I am so pissed right now!
AND last night I had to have dinner w/ my lovely sister in law and her man who are so anti brown people that I had to get up and leave the table twice! What is it w/ these people?! I live in a liberal town, was raised in a liberal family and don't know any republicans, so I know I'm insulated- but seriously! I really didn't think people could be this extreme in their hate.
Thanks for listening.
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dolo amber Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:16 PM
Response to Original message
1. Oh noes, the scary Dems are gonna wreak havoc on our fantastic economy!
Edited on Fri Jun-06-08 01:17 PM by dolo amber
:o

W.T.F.Ever. :eyes:


Also: Check out the Fox headline...that's not subtle or anything.

http://elections.foxnews.com/2008/06/05/hillary-and-obama-sneaking-around-at-night/
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ayeshahaqqiqa Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:16 PM
Response to Original message
2. She's not worth it
but if you feel drawn to answer her, ask her just how Bush's tax cuts have helped the economy. Demand that she cite sources, since she is "very academic". Then cite the history of labor in this country and ask if she is willing to do without such "frills" as a 40 hour week, overtime, benefits, OSHA, etc, etc.
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ceile Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:36 PM
Response to Reply #2
29. And what kills me is that we work for a non-profit.
Well, I work-she's a volunteer board member. I know for a fact that she is on (or has been on) public assistance for an injury. I guess she got her's and that's all that matters.
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O.M.B.inOhio Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:16 PM
Response to Original message
3. Does Newsmax keep old materials available? Any old predictions of Bush glory and prosperity?
Edited on Fri Jun-06-08 01:18 PM by O.M.B.inOhio
And as for Roosevelt... I guess given time, all the Hoovervilles would have grown to magnificent palaces!
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mrreowwr_kittty Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:17 PM
Response to Original message
4. In her response to you she lost me at "mentally brilliant".
:rofl:

Someone needs to get her "paradigms upset" allright, and it's not you.
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Tempest Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:17 PM
Response to Original message
5. Send him this
The Democratic Dividend
The stock market prefers Democratic presidents to Republicans.

http://www.slate.com/default.aspx?id=2071929
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ceile Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:20 PM
Response to Reply #5
8. That's a good article.
Thanks!
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Clovis Sangrail Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:19 PM
Response to Original message
6. John Fund?
That sounds familiar... isn't he a pedophile or something?
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Gidney N Cloyd Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 02:11 PM
Response to Reply #6
40. Wife beater.
Bartcop used to point that out on a regular basis: "Hi, I'm John Fund. I beat up women. Got any?"
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ray of light Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:20 PM
Response to Original message
7. In 8 years, my 401k is lower than when Clinton was in office. AND furthermore, since
the unregulated credit industry had their way, my 401k has lost 25% of it's value. If that's not a crash, then your buddy won't ever see the forest for the trees.

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zonmoy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:36 PM
Response to Reply #7
31. Repukes wont see a problem until they fall into a certain lake of fire
and then they will probably figure it must be heaven.
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NoGOPZone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:20 PM
Response to Original message
9. Arthur Laffer, a leading economist?
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Tempest Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:30 PM
Response to Reply #9
25. Hasn't Laffer since denounced supply side economics?
I seem to recall he said he was wrong and echoed George Bush Sr.'s sentiment that it was voodoo economics.
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izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:36 PM
Response to Reply #9
32. Ah yes, we saw this crap yesterday
I'll repeat what I said:

"You mean the ASSHAT who justified Reaganomics in the first place? The one who is so dense that if you smacked him in the noggin with a hammer, you would dent the hammer? The clown whose curve is a frown? That Arthur Laffer? Anyone who believes him, I've got some chocolate pudding in my septic tank and I'll let you have it for only $5 a quart."
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LisaM Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:21 PM
Response to Original message
10. You might want to point out to her that under no circumstances could Glenn Beck
and Bill O'Reilly be considered "reporters". I doubt that they would even term themselves that.

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magellan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:21 PM
Response to Original message
11. No matter what you say to folks like that, stupid prevails. n/t
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RebelOne Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:21 PM
Response to Original message
12. O'Reilly, Glenn Beck serious news reporters?? Since when?
She must be delusional.
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Hong Kong Cavalier Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:22 PM
Response to Original message
13. My only reply would be:
Edited on Fri Jun-06-08 01:23 PM by Hong Kong Cavalier
"Quit stepping in shit, smearing it on your email, and sending it to me thinking it's a rational argument."

But that might get me fired.
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ceile Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:30 PM
Response to Reply #13
26. LOL!
:rofl:
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uppityperson Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:22 PM
Original message
Send her info on how much Iraq debacle is costingus.
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Kookaburra Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:22 PM
Response to Original message
14. Good to know she's putting that word of the day calendar
to good use. Paradigm. Awfully big word for a nitwit.

Tell her to take her pair o' dimes and call someone who actually gives a rat's ass about her opinions.

(and I swear I don't mean that bitchy)
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Hong Kong Cavalier Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:22 PM
Response to Original message
15. Deleted: dupe
Edited on Fri Jun-06-08 01:23 PM by Hong Kong Cavalier
That was weird.
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FloridaJudy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:23 PM
Response to Original message
16. Like the stock market and the economy are thriving under Bu$h
Do I really need this? ---> :sarcasm:
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Kerrytravelers Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:23 PM
Response to Original message
17. Get our "Obamanomics" report for $35.00
I am curious if she is dumb enough to send these clowns any money. If so, I have some information she may be interested in.
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Tangerine LaBamba Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:24 PM
Response to Original message
18. Racism comes in many guises
It's at its most pathetic, I believe, when it tries to don the garment of intellectual argument. This email is laughable from the start - it assumes, so incorrectly, that our economy is healthy. After that, who cares what the hell it says?

Send your coworker a fresh bag of kibble, make sure there's enough water, turn out the lights, and just delete whatever she sends you. It's a waste of time reading it, it's a waste of time discussing it, and it's a terrible waste of your energy if you think you can show the sender the error of her thinking.

It's racism, pure and simple, and it comes in many guises.

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Kerrytravelers Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:25 PM
Response to Original message
19. I would send a one word reply:
*Yawn*





And after that, this is the response I would send whenever she send you nonsense. Hit "reply all" and just say *yawn.*
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:26 PM
Response to Original message
20. Use the form letter as a reply
Edited on Fri Jun-06-08 01:26 PM by malaise
I hope you are delighted to spread that rubbish on behalf of 19% of the population - a group better known as the lunatic fringe. Keep watching the percentage - it's dropping daily - and it would be shameful if you have to turn off the lights.

Gr.
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FarrenH Donating Member (485 posts) Send PM | Profile | Ignore Fri Jun-06-08 01:26 PM
Response to Original message
21. I love the patently obvious cognitive dissonance
Edited on Fri Jun-06-08 01:27 PM by FarrenH
with which right-wing American commentators loudly predict impending disaster on the back of liberal economic policies, while the worlds largest and richest single economy, the European Economic Zone, is mostly characterised by economic policies far to the left of those. Or how Friedman's many heirs have been predicting the imminent (as in "in the next few months") demise of Scandinavian welfare states for 3 decades even as countries like Sweden went from having no globally celebrated brands to about 20.

The cognitive dissonance is enormous. Its like these people aren't living in the world. They're living in the American Universe, where a host of global examples that have already flat-out proven them utterly wrong... don't exist.

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DinahMoeHum Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:26 PM
Response to Original message
22. Next time, answer her back with the following. . .
Edited on Fri Jun-06-08 01:27 PM by DinahMoeHum
"Piss Off, Spam Queen."

:evilgrin:
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musette_sf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:27 PM
Response to Original message
23. "Get our "Obamanomics" report for $35.00"
:rofl:

bottom-feeding sleaze
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Midlodemocrat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:28 PM
Response to Original message
24. If she truly enjoys 'helping others learn', she needs to pull her head out of her ass
and read DU. That should shift her 'paradigms'

What an asshat.
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NJmaverick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:32 PM
Response to Original message
27. Hit reply all and send back this:
6 Other Things that Aren't "Change We Can Believe In"

1. Excruciating Hypocrisy - McCain delivered the green speech near New Orleans, and in it, he took the Bush administration to task for their failure to respond to Katrina. Do you know where John McCain was when Katrina made landfall? He was standing on a tarmac in Arizona, receiving a birthday cake from his friend George W. Bush. That's not change we can believe in.

2. Lack of Self-Control - Having a temper is one thing. But there's a difference between blowing your stack behind closed doors and McCain's tendency to say the wrong thing in front of the wrong people. Whether it's the childish "bomb Iran" Beach Boys cover, the "100 years is fine with me" gaffe, calling his wife a "c--t" in front of reporters, threatening other legislators with violence, or that infamous Chelsea Clinton joke he made at a GOP fundraiser -- McCain has a rare talent for putting his foot in his mouth near an open mic. That's definitely not change we can believe in.

3. Lack of Support for Our Troops - McCain knows firsthand the sacrifices made by our troops and their families, yet he won't he support the G.I. Bill -- which was co-sponsored by his Republican ally, John Warner, and which would dramatically expand educational benefits for our soldiers. And why doesn't he support it? Because the benefits are so good, the military is worried that too many soldiers will leave active duty to get their degrees. So there you have it -- John McCain's policy on supporting our men and women in uniform: "They deserve the very best, just as long as it's not TOO good -- and assuming we don't have to raise taxes to pay for it." That sure as hell ain't change we can believe in.

4. Coziness with Lobbyists - We all know that McCain likes to tout himself as a "maverick." But the truth is, McCain was forced to reinvent himself as a "maverick" because he got caught with his hand in the cookie jar. He was one of five Senators investigated for corruption in the Keating scandal of 1989, in which it was alleged that (in return for money and other favors) McCain sought to have the government ease off its investigation of savings and loan chairman Charles Keating. You'd think he would've learned from this political near-death experience, but as we saw in his snuggly friendship with lobbyist Vicki Iseman, and the recent purging of lobbyists from his campaign (there are still over 100 of them running it), he's learned nothing. Ladies and gentlemen, you're damn right that's not change we can believe in.

5. An Antiquated World View - It's not the age of McCain's body that troubles me -- it's the age of his ideas. Like George W. Bush, he operates from a belief that America is infallible, that might makes right, and that anyone who doesn't agree with us is not only wrong - but our enemy. Here at home, he believes in the same trickle down economic policies that have been failing the middle class and escalating our national debt since the early 1980's. That IS change we can believe in, but only if it's Opposites Day.

6. Cowardice - No one can ever take away the heroic truth that John McCain sat in a cell for five torturous years on behalf his country. He was a brave young man. But somewhere between Hanoi and Washington, that brave young man became an old pandering coward. For eight years, we've watched McCain suckle the teat of his political idol, George W. Bush. Especially sickening, given the fact that Bush is the same man who tried to destroy McCain's family in the 2000 primaries. The same man who went after his daughter. And yet, because it was politically convenient to do so, John McCain threw his arms around Bush and never let go. Threw his arms around a man he didn't even vote for. A man he secretly hated with a passion he scarcely knew he was capable of. To some, that merely makes John McCain a ruthless opportunist or a terrible father. In my eyes, it makes him a coward. How can a man who won't even stand up for his family stand up for our country? How can a man who was too afraid to stand his ground against a joke like Bush stand his ground against brutal dictators? My fellow Americans...

That's not change we can believe in.

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zbdent Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:33 PM
Response to Original message
28. Tell her she's free to leave ...
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Goat or Panic Donating Member (509 posts) Send PM | Profile | Ignore Fri Jun-06-08 01:36 PM
Response to Original message
30. Just the beginning....
Everything Bush has ruined is going to be blamed on Obama.

The war.
The economy.
Our image abroad.
Border security.

Everything.

It's like these people don't realize that they've been in charge for most of the last eight years.


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truebrit71 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:37 PM
Response to Original message
33. I stopped reading after 'noisemax' and woman-beater Fund...
Tell your "friend" to go fuck themselves....because anyone that believes this sort of horseshit is a fucking moran...

"O'Reilly, Glenn Beck and other serious news reporters on the political scene are beginning to make statements concerning some of these same issues."

"Serious news reporters"???....your friend is an idiot...:crazy:
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tomg Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:37 PM
Response to Original message
34. Ummmm. I think your co-worker
is a bit of a loon."O'Reilly, Glenn Beck and other serious news reporters" - come on, that has to give you a laugh. As to the gist of her comments:

"He is a social democrat as was Roosevelt...look at Obama's Change for America plan and it is a carbon of Roosevelt's New Deal." I only hope he is. I mean after George, we are going to need a New Deal.

Don't worry. She and your sister-in-law and mate are just a few of the 26%ers. I used to get the same way about them, and then I had a heart attack.
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:39 PM
Response to Original message
35. You have my sympathy. I went thru the same thing, last night.
Only, my friend is still stuck on the Muslim theme. He hasn't moved into finance/economy, partly because he isn't too happy about what is happening...and, just sold a super van because of gas prices.

I swear, there is nothing you can do to change their minds. I tried to debunk their spoon-fed lies on Kerry, I've tried on Obama and I tried on Hillary. The Repug Party is like an off-beat religion. They have had so much Kool-Aid, their brains are swimming in it.

We finally agreed not to subject each other to the misery.

I don't know the answer, but I think I will have lost a lot of friends because of this craziness. At least I can sleep at night.
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Buzz Clik Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:43 PM
Response to Original message
36. NewsMax. Electronic toilet paper. Thanks for sharing.
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TooBigaTent Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:54 PM
Response to Original message
37. If she is using company/organization resources and time to spread her shit, dime
her out to someone who can smack her down.

Do not try to debunk - it is a waste of time and effort.

Make her suffer consequences for using work resources for personal purposes.
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Kerrytravelers Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:56 PM
Response to Reply #37
38. Ding-ding-ding!!! We have a winner!!!
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ceile Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 01:58 PM
Response to Reply #37
39. She's a volunteer.
And she'd have to be voted out by the board of directors (of which she is a member).
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 02:20 PM
Response to Original message
41. Respond with this...
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bunkerbuster1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 02:30 PM
Response to Original message
42. Remember when Clinton's tax hikes were going to "destroy" the economy
... in 1993?

How'd that work out for us, again?

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nels25 Donating Member (636 posts) Send PM | Profile | Ignore Fri Jun-06-08 02:34 PM
Response to Original message
43. Okay color me confused.
If what they say is in fact what a President Obama would do, WORKS FOR ME!!:dem:
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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 04:00 PM
Response to Original message
44. And George W. Bush's policies have cost us $4.3 TRILLION in less than 8 years.
Edited on Fri Jun-06-08 04:00 PM by sinkingfeeling
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