Inauguration Day... (America)

[Lemniscate]

Well.

Barack Obama gets inaugurated tommorrow.

 

Once thing that was funny was that CNN was asking for pictures of the moment he raises his hand to get sworn in. That seems a little obssessive to me.

 

Also, dateline did a reflection last night about his inauguration. All I could think was, "HOW CAN YOU REFLECT ON SOMETHING THAT HASN"T HAPPENED YET!!!!!!!!!"

 

For those of you who don't know (which would be all of you) I am a John McCain supporter.

I am deathly scared about the Obama Presidency. Having looked at his tax plan, and his healthcare plan I am scared.

 

His healthcare plan would include mandatory insurance coverage for all citizens, the problem with this is that insurance premiums will go up, or the level of coverage will go down (there is no control for level of coverage)

 

Also, he would allow Canadian drug imports which will harm the American industries that can't compete with government subsidized Canadian factories.

The problem with this is that, Canada does not innovate in medicine the way America does, by crushing Americas medical industry, he is also crushing medical advancement for the world.

 

His tax plan would also call for an increase in taxes for incomes over half-a-million. This will cause investments to plummet, lowering our M1 ammount and causing further market drop.

 

For all of his talk about main street, he has no basic knowledge of economics.

 

Discuss.

[Luna Lovegood]

Thanks. I'm Canadian.

[Lemniscate]

I have nothing against Canadians. I have Canadian friends. I like Canadians. I am saying that an open drugs market between America and Canada is a bad idea.

(Sorry if I insulted you)

[Luna Lovegood]

Well, I am not sure on that front, but whateves.

[Dark]

Not into get into another heated political debate, but both candidates suck, better than Bush, but still suck. McCain made no worthy promises at all, and most politicians say he will be a "lazy fat-ass" if he was President, letting everything flow past him. I believe this, as he made no claims about a good enough tax, healthcare or ANYTHING plan. Barack Obama, on the other hand, made promises he can't keep. No way that we can give a tax cut to 80+ percent of the citizens without doubling or even tripling our debt. Bush, on a third hand, sucks and already served 2 terms, so screw him.

 

Now the question is, would you rather have a President that does nothing and makes NO promises or a President that makes a lot of promises, most of which he can't keep?

 

I say Obama.

 

EDIT:

 

 

His tax plan would also call for an increase in taxes for incomes over half-a-million. This will cause investments to plummet' date=' lowering our M1 ammount and causing further market drop.

[/quote']

 

lolwut

 

That is the smartest thing he could do. Taxing those rich, snotty, losers for 30% [exaggeration] of their income is smarter than taxing those poor people for all of their money. Those stupid rich people don't even use their damn money, let it go to taxes. =\

[Christian Exodia]

Obama sucks. McCain's awesome. I've met McCain, & he's a cool guy. I'm not trying to spam, but still...

[Dark]

Obama sucks. McCain's awesome. I've met McCain' date=' & he's a cool guy. I'm not trying to spam, but still...

[/quote']

 

Can you prove this statement or are you a political noob who only states opinions without reinforcements?

[Christian Exodia]

I'm Republican. I've got my opinions & you've got yours.

[Dark]

I'm Republican. I've got my opinions & you've got yours.

 

I realize that' date=' but if you do not have real back-up of why your opinion is better [not saying that it is, not saying that it isn't'] than your opinion will always be wrong.

[Guest Tiger]

Lol, you think I don't already know this?

 

I live in Maryland...

[OMGAKITTY]

 

 

His tax plan would also call for an increase in taxes for incomes over half-a-million. This will cause investments to plummet' date=' lowering our M1 ammount and causing further market drop.

 

[/quote']

 

Trickle-down effect does not work.

[Arekku_Koro]

Well.

Barack Obama gets inaugurated tommorrow.

 

Once thing that was funny was that CNN was asking for pictures of the moment he raises his hand to get sworn in. That seems a little obssessive to me.

Obsessive? Yes. Relevant? No.

 

Also' date=' dateline did a reflection last night about his inauguration. All I could think was, "HOW CAN YOU REFLECT ON SOMETHING THAT HASN"T HAPPENED YET!!!!!!!!!"

[b'] You seem to be doing a good job[/b]

 

For those of you who don't know (which would be all of you) I am a John McCain supporter.

I am deathly scared about the Obama Presidency. Having looked at his tax plan, and his healthcare plan I am scared.

His presidency seems to have the same effect on you that this post has on me.

 

His healthcare plan would include mandatory insurance coverage for all citizens, the problem with this is that insurance premiums will go up, or the level of coverage will go down (there is no control for level of coverage)

 

Also, he would allow Canadian drug imports which will harm the American industries that can't compete with government subsidized Canadian factories.

Are you, like, Sean Hannity's grandson or something?

The problem with this is that, Canada does not innovate in medicine the way America does, by crushing Americas medical industry, he is also crushing medical advancement for the world.

 

His tax plan would also call for an increase in taxes for incomes over half-a-million. This will cause investments to plummet, lowering our M1 ammount and causing further market drop.

Our market cannot fall much harder.

 

For all of his talk about main street, he has no basic knowledge of economics.

If by "Basic Level of Economics" you mean a Harvard education, than your wrong. As an intercity kid, he probably knew more about the importance of money back than then your whiney butt now.

 

Discuss.

I have met both Senator McCain and President Elect Obama, and I'm pretty sure even Sarah Palin would disapprove of your posts stupidity. Although obviously she lacks literacy.

[Lemniscate]

Not into get into another heated political debate' date=' but both candidates suck, better than Bush, but still suck. McCain made no worthy promises at all, and most politicians say he will be a "lazy fat-ass" if he was President, letting everything flow past him. I believe this, as he made no claims about a good enough tax, healthcare or ANYTHING plan. Barack Obama, on the other hand, made promises he can't keep. No way that we can give a tax cut to 80+ percent of the citizens without doubling or even tripling our debt. Bush, on a third hand, sucks and already served 2 terms, so screw him.

 

Now the question is, would you rather have a President that does nothing and makes NO promises or a President that makes a lot of promises, most of which he can't keep?

 

I say Obama.

 

EDIT:

 

 

His tax plan would also call for an increase in taxes for incomes over half-a-million. This will cause investments to plummet, lowering our M1 ammount and causing further market drop.

 

lolwut

 

That is the smartest thing he could do. Taxing those rich, snotty, losers for 30% [exaggeration] of their income is smarter than taxing those poor people for all of their money. Those stupid rich people don't even use their damn money, let it go to taxes. =\

 

Actually, under his plan, over half of their income would go to taxes. Also, please realize that there is no cost-of-living adjustment or inflation adjustment

 

I'm Republican. I've got my opinions & you've got yours.

 

I realize that' date=' but if you do not have real back-up of why your opinion is better [not saying that it is, not saying that it isn't'] than your opinion will always be wrong.

 

I have to agree with this

 

 

 

His tax plan would also call for an increase in taxes for incomes over half-a-million. This will cause investments to plummet' date=' lowering our M1 ammount and causing further market drop.

 

[/quote']

 

Trickle-down effect does not work.

 

Prove that it doesn't.

 

Also' date=' dateline did a reflection last night about his inauguration. All I could think was, "HOW CAN YOU REFLECT ON SOMETHING THAT HASN"T HAPPENED YET!!!!!!!!!"

[b'] You seem to be doing a good job[/b]

 

Please realize that I am talking about the ideas of the man and the things that he will bring to the Oval Office. I am NOT talking about future events because his opinions exist right now.

[Dark]

And do those rich people even use half of their income? They don't need more money, and I hardly see it fair as to tax poor people who need money over taxing rich people who burn money.

[Skyfi]

I Wanna move out of America Obama is either gona Raise America to a golden point, or bring hell upon us. Bush was Stupid. Obama is smart.

[Cyber Altair]

And do those rich people even use half of their income? They don't need more money' date=' and I hardly see it fair as to tax poor people who need money over taxing rich people who burn money.

[/quote']

 

loooooool

 

Taxes are made so that rich pay more and poor pay what they can afford. Get your facts right >.>

[Dark]

And do those rich people even use half of their income? They don't need more money' date=' and I hardly see it fair as to tax poor people who need money over taxing rich people who burn money.

[/quote']

 

loooooool

 

Taxes are made so that rich pay more and poor pay what they can afford. Get your facts right >.>

 

loooooool

 

Taxes are made so the government can get money.

 

But it is more fair to tax richer people for more money and tax poorer people for less money.

 

Is what I was saying.

[PrometheusMFD]

And do those rich people even use half of their income? They don't need more money' date=' and I hardly see it fair as to tax poor people who need money over taxing rich people who burn money.

[/quote']

 

loooooool

 

Taxes are made so that rich pay more and poor pay what they can afford. Get your facts right >.>

 

loooooool

 

Taxes are made so the government can get money.

 

But it is more fair to tax richer people for more money and tax poorer people for less money.

 

Is what I was saying.

 

Or howabout this: no taxes. (John Adams pushed and so do I)

 

Meh, I predict President Obama lasting only a single term.

[Guest JoshIcy]

And do those rich people even use half of their income? They don't need more money' date=' and I hardly see it fair as to tax poor people who need money over taxing rich people who burn money.

[/quote']

 

loooooool

 

Taxes are made so that rich pay more and poor pay what they can afford. Get your facts right >.>

 

loooooool

 

Taxes are made so the government can get money.

 

But it is more fair to tax richer people for more money and tax poorer people for less money.

 

Is what I was saying.

 

Lol, someone doesn't know how the money system works. Or at least didn't explain enough in his opinion.

 

$1 = So much Gold. These Gold deposits are located in places like Fort Knox.

So the government isn't getting richer, it is already that rich. Circulating currency, is essentially the trading of Gold from one person to another. But the government holds all the Gold so they have all the money. Each bill is a promise note to so much of that gold.

 

So haha. Its just goverment wanting less promises to keep LOL! >.<

 

(Sorry, had to point that out).

[PrometheusMFD]

And do those rich people even use half of their income? They don't need more money' date=' and I hardly see it fair as to tax poor people who need money over taxing rich people who burn money.

[/quote']

 

loooooool

 

Taxes are made so that rich pay more and poor pay what they can afford. Get your facts right >.>

 

loooooool

 

Taxes are made so the government can get money.

 

But it is more fair to tax richer people for more money and tax poorer people for less money.

 

Is what I was saying.

 

Lol, someone doesn't know how the money system works. Or at least didn't explain enough in his opinion.

 

$1 = So much Gold. These Gold deposits are located in places like Fort Knox.

So the government isn't getting richer, it is already that rich. Circulating currency, is essentially the trading of Gold from one person to another. But the government holds all the Gold so they have all the money. Each bill is a promise note to so much of that gold.

 

So haha. Its just goverment wanting less promises to keep LOL! >.<

 

(Sorry, had to point that out).

 

That isn't how modern currency works, though.

The modern dollar is not money. Only when it is used is it money. So, since the gov't needs that money in order to use it, it needs to take the money from the people, since it is the citizens who have all of the money.

[Dark]

I know that dollar is just an example of gold, moreso of an "IOU", but the people with the money [gold] have all of the money. The government has the gold, but they owe all the gold to the citizens. Which is why they collect taxes. I think. =\

[PrometheusMFD]

Money no longer represents gold! It hasen't since the 1930's!

[Guest JoshIcy]

Money no longer represents gold! It hasen't since the 1930's!

 

Even if it does or doesn't.

The point of it existing it pretty much the same. It represents something, in return for another without the barter system. How this is actually regulated, I'd like to know. But thats for my research and mine alone... You do not need to post and bash me for it.

 

Thank you for curing my ignorance.

[PrometheusMFD]

Money no longer represents gold! It hasen't since the 1930's!

 

Even if it does or doesn't.

The point of it existing it pretty much the same. It represents something' date=' in return for another without the barter system. How this is actually regulated, I'd like to know. But thats for my research and mine alone... You do not need to post and bash me for it.

 

Thank you for curing my ignorance.

[/quote']

 

Ok, sorry for the outburst.

Money is regulated by the amount of physical representations in the economy.

Meaning, the value of a dollar is equal to the value of the 1930 dollar, divided by the increase in the amount of dollars (which results into about 13% of the 1930 dollar)

The reason the gov't uses taxes, is a combination of an explosiong of gov't involvement in the economy, and the necessity to avoid printing money.

[Lemniscate]

And do those rich people even use half of their income? They don't need more money' date=' and I hardly see it fair as to tax poor people who need money over taxing rich people who burn money.

[/quote']

 

loooooool

 

Taxes are made so that rich pay more and poor pay what they can afford. Get your facts right >.>

 

loooooool

 

Taxes are made so the government can get money.

 

But it is more fair to tax richer people for more money and tax poorer people for less money.

 

Is what I was saying.

 

We already have a progressive tax system, and have had one since Lincoln. You are afraid of a Regressive Tax system, which America has never had.

 

And do those rich people even use half of their income? They don't need more money' date=' and I hardly see it fair as to tax poor people who need money over taxing rich people who burn money.

[/quote']

 

loooooool

 

Taxes are made so that rich pay more and poor pay what they can afford. Get your facts right >.>

 

loooooool

 

Taxes are made so the government can get money.

 

But it is more fair to tax richer people for more money and tax poorer people for less money.

 

Is what I was saying.

 

Lol, someone doesn't know how the money system works. Or at least didn't explain enough in his opinion.

 

$1 = So much Gold. These Gold deposits are located in places like Fort Knox.

So the government isn't getting richer, it is already that rich. Circulating currency, is essentially the trading of Gold from one person to another. But the government holds all the Gold so they have all the money. Each bill is a promise note to so much of that gold.

 

So haha. Its just goverment wanting less promises to keep LOL! >.<

 

(Sorry, had to point that out).

 

Actually, Gold hasn't been used as backing for paper currency in years. Currency in modern times is valued due to its comparitive rates on inflation and other factors against other countries.