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dontwastemytine
105 Posts |
 Posted - 03/28/2008 : 12:24:26 PM
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Will Obama change the view of on economy if becoming President?
Barack Obama targeted women voters at a round table meeting which focused on women’s economic hardships.
Obama spoke to four roundtable participants about his family’s struggle to make ends meet when he was growing up. He said that he learned from his single mother that economic burdens can are tougher on women. He also said that he knows as a husband and father that his wife, Michelle, often bears the burden of family life.
"My wife Michelle had to bear the burden of for example the babysitter getting sick and suddenly she's having to scramble and juggle her schedule because I was down in the state legislature at the time."
Under Obama’s economic plan, working families would receive a $1,000 tax credit. He also proposes reforming the Child and Dependent Care Tax credit by allowing low-income families to receive a 50 percent credit for child care expenses.
The roundtable participants told Obama that child care and health care were two issues on the minds of many women. Obama said that women’s economic hardships should be alleviated by the government and by fathers. “This is the responsibility for all of us.’
At a press conference after the roundtable, Obama said his economic plan focuses on "jumpstarting" the economy and that the current tax code is not fair and must be restructured. Obama added that his economic policy "is utimately what is going to decide whether or not I win this election, if working familes feel as if I am going to fight for them and I am willing to push against the special interests to actually make this happen."
Obama was asked if Hillary Clinton has an advantage as far as economic policy is concerned because the economy was successful during the Clinton administration. "The contest between myself and Senator Clinton, I think, really does have to do with the past and the future and the American people are not looking specifically for a repitition of what happened in the '90s what they are looking for is who's going to lead us over the next 8 years into an era of greater prosperity and also to meet new challenges as they come up."
The Law School has received many media requests about Barack Obama, especially about his status as "Senior Lecturer." From 1992 until his election to the U.S. Senate in 2004, Barack Obama served as a professor in the Law School. He was a Lecturer from 1992 to 1996. He was a Senior Lecturer from 1996 to 2004, during which time he taught three courses per year. Senior Lecturers are considered to be members of the Law School faculty and are regarded as professors, although not full-time or tenure-track. The title of Senior Lecturer is distinct from the title of Lecturer, which signifies adjunct status. Like Obama, each of the Law School's Senior Lecturers have high-demand careers in politics or public service, which prevent full-time teaching. Several times during his 12 years as a professor in the Law School, Obama was invited to join the faculty in a full-time tenure-track position, but he declined.
Will Obama change the view of on economy if becoming President? |
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joe313
578 Posts |
Posted - 03/28/2008 : 12:43:14 PM
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Yeah...he'll change the view of the economy, but it won't look pretty a couple of years afterwards.
Raising taxes takes money out of an economy, drives down the size of businesses (and drives some out of town), and eventually leads to a down cycle.
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irishstu7975
260 Posts |
Posted - 03/28/2008 : 12:43:24 PM
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| I am voting for Obama and I am a republican... |
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buffalobroker
241 Posts |
Posted - 03/28/2008 : 12:46:10 PM
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quote:
Originally posted by joe313
Yeah...he'll change the view of the economy, but it won't look pretty a couple of years afterwards.
Raising taxes takes money out of an economy, drives down the size of businesses (and drives some out of town), and eventually leads to a down cycle.
Obama has proposed targeted tax cuts for those in the middle and lower class. He will repeal tax cuts for those making 200K +. To simply state he will raise taxes in general is inaccurate. |
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underwriterFL
12 Posts |
Posted - 03/28/2008 : 12:46:12 PM
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Seems like pretty typical political platform to me- more tax credits check, nebulous plans to revive an economy that on the whole is hanging around better than most people thought it would check, same old same old political mumbo jumbo long on rhetoric short on substance check.
Nothing against Obama in particular, but he isn't any different from any other politician and his ideas are hardly new or revoluationary. You can visit his website, read his platform, then visit Clinton's and you won't find much difference. Hell McCain's isn't that different for that matter. |
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irishstu7975
260 Posts |
Posted - 03/28/2008 : 12:50:28 PM
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| BuffaloBroker is right....but then again...he is from Buffalo so he has to be right (My opinion may be slightly skewed) |
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buffalobroker
241 Posts |
Posted - 03/28/2008 : 12:51:32 PM
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quote:
Originally posted by irishstu7975
BuffaloBroker is right....but then again...he is from Buffalo so he has to be right (My opinion may be slightly skewed)
Go Bills and Sabres! |
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themortgageartis
415 Posts |
Posted - 03/28/2008 : 12:54:40 PM
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| He may change perception, but I think anyone that wins is going to have more credibility than the current adminstration. |
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Tsnyder
7892 Posts |
Posted - 03/28/2008 : 1:05:36 PM
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quote:
Originally posted by buffalobroker
Obama has proposed targeted tax cuts for those in the middle and lower class. He will repeal tax cuts for those making 200K +. To simply state he will raise taxes in general is inaccurate.
That's nothing more than the tired old politics of class
envy promoted by Liberal Democrats for as long as I can
remember.
And I say Liberal specifically because Obama has the most
Liberal voting record of any Senate Democrat... including
the likes of Teddy Kennedy, Barbara Boxer and Harry Reid.
That's pretty far left...
The notion that imposing additional taxes on the wealthy
in order to give breaks to low and middle class folks is
nothing more than evidence of poor math skills.
It is a fact that the top 5% of taxpayers in this country
already pay more than the bottom 95% combined.
Mr. Obama's plan... if it could even pass both Houses
of Congress intact... would do nothing to turn this economy
around.
Welfare isn't the answer... lower tax rates that encourage
investment that produces jobs is the answer.
The last time I checked very few jobs have ever been created
by low and middle class taxpayers.
Any Republican who tells me he's voting for Obama isn't
paying attention... or should just change their party
affiliation and get it over with... lol
Tsnyder |
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bmoran
1083 Posts |
Posted - 03/28/2008 : 1:11:44 PM
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quote:
Originally posted by Tsnyder
quote:
Originally posted by buffalobroker
Obama has proposed targeted tax cuts for those in the middle and lower class. He will repeal tax cuts for those making 200K +. To simply state he will raise taxes in general is inaccurate.
That's nothing more than the tired old politics of class
envy promoted by Liberal Democrats for as long as I can
remember.
And I say Liberal specifically because Obama has the most
Liberal voting record of any Senate Democrat... including
the likes of Teddy Kennedy, Barbara Boxer and Harry Reid.
That's pretty far left...
The notion that imposing additional taxes on the wealthy
in order to give breaks to low and middle class folks is
nothing more than evidence of poor math skills.
It is a fact that the top 5% of taxpayers in this country
already pay more than the bottom 95% combined.
Mr. Obama's plan... if it could even pass both Houses
of Congress intact... would do nothing to turn this economy
around.
Welfare isn't the answer... lower tax rates that encourage
investment that produces jobs is the answer.
The last time I checked very few jobs have ever been created
by low and middle class taxpayers.
Any Republican who tells me he's voting for Obama isn't
paying attention... or should just change their party
affiliation and get it over with... lol
Tsnyder
Well said |
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BankerFL
1 Posts |
Posted - 03/28/2008 : 1:13:17 PM
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| Obama Mania! Let\'s get McCain on the View! |
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themortgageartis
415 Posts |
Posted - 03/28/2008 : 1:29:20 PM
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quote:
[And I say Liberal specifically because Obama has the most
Liberal voting record of any Senate Democrat... including
the likes of Teddy Kennedy, Barbara Boxer and Harry Reid.
That's pretty far left...
Tsnyder
The most liberal voting record according to whom? The National Review Online? He & Hillary differed on exactly 2 votes in the Senate. From the National Journal's press release "Of the 267 measures on which both senators cast votes in 2007, the two differed on only 10." And yes I did read their explanation of how slight differences are magnified b/c of the pervasiveness of party-line votes.
http://nj.nationaljournal.com/voteratings/
But if you want me to take you seriously on this topic (as opposed to say loans or leads or any of the myriad financial topics on which I find you very insightful) I'd like to hear a reasonable explanation of how Barack Obama could possibly be more liberal than Bernie Sanders or Russ Feingold. It simply doesn't pass the sniff test. |
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joe313
578 Posts |
Posted - 03/28/2008 : 1:30:54 PM
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quote:
Originally posted by buffalobroker
Obama has proposed targeted tax cuts for those in the middle and lower class. He will repeal tax cuts for those making 200K +. To simply state he will raise taxes in general is inaccurate.
That's great, but what's of most concern to me is how much he intends to raise tax on corporations. When businesses have to pay more taxes, they have no incentive to stay...look at what happened in Michigan. Higher tax on businesses = less money that businesses have to spend = either less people they can pay or less $$ they can pay to the same people = less spending = less tax revenue and even less money businesses have to pay people and invest in growth.
Joe
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themortgageartis
415 Posts |
Posted - 03/28/2008 : 1:37:47 PM
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| And to be clear and fair to TSnyder I'm not ignoring your larger point about taxes and the resulting effects on the economy. It just drives me crazy when the discussion of the candidates is based on completely false framing instead of a genuine disagreement over policy which is the larger point you raised. |
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Tsnyder
7892 Posts |
Posted - 03/28/2008 : 1:59:30 PM
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quote:
Originally posted by themortgageartist
quote:
[And I say Liberal specifically because Obama has the most
Liberal voting record of any Senate Democrat... including
the likes of Teddy Kennedy, Barbara Boxer and Harry Reid.
That's pretty far left...
Tsnyder
The most liberal voting record according to whom? The National Review Online? He & Hillary differed on exactly 2 votes in the Senate. From the National Journal's press release "Of the 267 measures on which both senators cast votes in 2007, the two differed on only 10." And yes I did read their explanation of how slight differences are magnified b/c of the pervasiveness of party-line votes.
http://nj.nationaljournal.com/voteratings/
But if you want me to take you seriously on this topic (as opposed to say loans or leads or any of the myriad financial topics on which I find you very insightful) I'd like to hear a reasonable explanation of how Barack Obama could possibly be more liberal than Bernie Sanders or Russ Feingold. It simply doesn't pass the sniff test.
Whether you choose to take me seriously or not is your choice.
I didn't compile the voting records... National Journal did... as
you pointed out.
Sanders and Feingold may well be more philosophically Liberal
than Obama but it wasn't my sniff test. The voting record is
what it is.
The point was the tired old politics of class envy that has
politicians like Obama pandering to the low and middle classes
for votes on the false promise that more government meddling
will improve their lot in life.
Tsnyder |
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themortgageartis
415 Posts |
Posted - 03/28/2008 : 2:35:23 PM
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I posted a longer, probably rambling reply and then thought better of it as I'm breaking a promise to my wife to abstain from political arguments.
To clarify a point that I didn't make well, I question the National Journal's methodology. They also coincidentally found that John Kerry was the most liberal senator in 2004, and if anyone is truly interested I could waste time tracking down the examination and details that made up my mind at the time of publication. However, I need to get back to work so I can get out of the office at a decent hour.
Have a great weekend! |
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dontwastemytine
105 Posts |
Posted - 03/28/2008 : 2:56:56 PM
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quote:
Originally posted by BankerFL
Obama Mania! Let\'s get McCain on the View!
Associated Press
Thursday, March 27, 2008 (Washington)
Barack Obama ridiculed John McCain over the Republican White House hopeful's recent economic comments and prepared to outline his vision on Thursday for helping the US overcome the credit crisis that has stoked recession fears.
Obama, who is locked in a tight Democratic nomination battle with rival Hillary Rodham Clinton, poked fun at what he described as McCain's ''sit back and watch'' approach to US economic woes, and stressed that the Republican nominee-in-waiting's stance offered little relief to Americans facing the prospect of losing their homes.
The jabs marked a change in course for Obama, who has for days been bickering with Clinton while trying to minimize the impact of comments by his former pastor that engulfed his campaign in controversy.
They also reflected a push by Obama to focus on McCain who, after essentially locking up his party's nomination, has focused his energy on gearing up for the November general elections in which he will face either Obama or Clinton.
In an economic speech on March 25, McCain had derided government intervention to save and reward banks of small borrowers who behave ''irresponsibly'' and offered few immediate alternatives for fixing the country's growing housing crisis.
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Tsnyder
7892 Posts |
Posted - 03/28/2008 : 3:21:49 PM
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Bad news for Obama... the government can't fix
the country's growing housing crisis.
Tsnyder |
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sithburns
146 Posts |
Posted - 03/28/2008 : 3:52:23 PM
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Tsnyder you make me laugh.
The government CAN and should fix the problems with the economy. The problems we have now are because the government didn't endorce enough oversight for these greedy bastards that are running us into the ground? WHy didn't they again? Oh right because these are the people that pay for them to stay in office that's right.
What you call "pandering to the low income middle class" I call addressing the concerns of americans. Just because you make less than $200K per year doesn't mean your not important. Those people are funding his campaign. He has raised more money from the people than anyone ever has dreamed possible. The AMERICAN PEOPLE are his constituancy now.. not the people on wall street and other lobbyist.
Unfortunately he will be dealing with a congress and senate laregely bought and paid for by the corporations. IF only we could bring back the good old days when we beheaded our leaders for screwing us... maybe then the middle class would get the respect of our elected officials :) |
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BigFire
2962 Posts |
Posted - 03/28/2008 : 7:08:59 PM
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| themortgageartis - you are absolutely correct in your assessment of the supposed 'most liberal voting record', it is rubbish. Also TSnyder thinks he has the answers, let him run for president. Obama's the man, and I will vote for him. You guys who don't want change, IMHO are neanderthals. |
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BigFire
2962 Posts |
Posted - 03/28/2008 : 7:12:15 PM
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| sithburns - well said - bravo. |
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Tsnyder
7892 Posts |
Posted - 03/28/2008 : 9:37:04 PM
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You Liberal types are a hoot... lol
Where did I say that people making less than $200K
aren't important? I didn't... you imagined it... lol
Liberals always love to get defensive about their love
and support of the welfare state... as if it really ever
helped anyone.
There have been billions of dollars poured into welfare
programs of every type since LBJ's Great Society. Guess
what... there are still lots of poor people... always will
be... government can't change that any more than government
can cure the current housing problem.
Obama, Clinton and the rest jabber on and on about the
fairness of tax rates.... those evil rich people just
aren't paying their fair share... lol
But... no matter how much you want to whine and complain
about rich people the fact remains that the top 5% of tax
payers in this country pay more than the bottom 95% combined.
You're right.. they aren't paying their fair share... they're
paying a heck of a lot more than their fair share. Assuming
that fair means equal... the Libs are all about equality, right?
So let's be really fair and have everyone pay the same % of their
income in taxes. That won't work, of course, because those in
the lowest earning class not only pay nothing, they actually get
a refund... EITC. How does one get a refund when they paid nothing?
Must be the new math... lol
Rant on, my friends... McCain will be the next President.
Tsnyder |
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BigFire
2962 Posts |
Posted - 03/28/2008 : 9:55:50 PM
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| if McCain is the next president then you deserve him. |
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Tsnyder
7892 Posts |
Posted - 03/28/2008 : 10:18:32 PM
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quote:
Originally posted by BigFire
if McCain is the next president then you deserve him.
Now there's a snappy comebcak... lol
Tsnyder |
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assassin17
3326 Posts |
Posted - 03/28/2008 : 10:21:31 PM
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We all deserve McCain. Someone willing to cross party lines to act upon what he believes in, as McCain has PROVEN a willingness to do, IS indeed a change from the status quo of gridlock.
The day you see Obama make a speech detailing the mortgage solution will be the day you see Obama's first speech detailing anything at all. He is a transparent wisp of air and nothing more than an imaginary puppet created by the media in their frenzy for a story. He has said absolutely NOTHING of substance or provided a solution to ANYTHING. His "platform" is nothing more than a pick-and-choose of other people's ideas. That is not a leader.
Fairy tale, indeed. |
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dontwastemytine
105 Posts |
Posted - 03/28/2008 : 10:55:11 PM
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quote:
Originally posted by assassin17
We all deserve McCain. Someone willing to cross party lines to act upon what he believes in, as McCain has PROVEN a willingness to do, IS indeed a change from the status quo of gridlock.
The day you see Obama make a speech detailing the mortgage solution will be the day you see Obama's first speech detailing anything at all. He is a transparent wisp of air and nothing more than an imaginary puppet created by the media in their frenzy for a story. He has said absolutely NOTHING of substance or provided a solution to ANYTHING. His "platform" is nothing more than a pick-and-choose of other people's ideas. That is not a leader.
Fairy tale, indeed.
Thursday, March 27, 2008; Page A07
THE MORTGAGE CRISIS
Obama Assails McCain
Barack Obama yesterday attacked John McCain's speech on the mortgage crisis, saying McCain's approach was "the road that George Bush has taken for the last eight years."
"It's the idea that the government has no role at all in solving the challenges facing working families," Obama said at a stop in Greensboro, N.C., according to NBC News. "That all we can do is hand out tax breaks to the wealthiest people and let the chips fall where they may. George Bush called this the 'ownership society,' but what he really meant is 'you're on your own, society.'
"If you lose your job, you're on your own," he said. "If you were lured in by deceptive mortgage practices, you're on your own."
McCain, in his speech, suggested limited government interventions on behalf of businesses and homeowners affected by the mortgage crisis. "It is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers," McCain said.
-- Perry Bacon Jr.
WASHINGTONPOST.COM |
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dontwastemytine
105 Posts |
Posted - 03/29/2008 : 1:34:24 PM
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| WATCH CNN TONIGHT |
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mykal5
994 Posts |
Posted - 03/29/2008 : 7:05:01 PM
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quote:
Originally posted by Tsnyder
You Liberal types are a hoot... lol
Liberals always love to get defensive about their love
and support of the welfare state... as if it really ever
helped anyone.
Tsnyder
Not all Liberals!!
Rant on, my friends... McCain will be the next President.
Tsnyder
[/quote]
I'll take that bet!!! |
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assassin17
3326 Posts |
Posted - 03/29/2008 : 7:47:08 PM
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quote:
Originally posted by dontwastemytine
THE MORTGAGE CRISIS
Obama Assails McCain
Barack Obama yesterday attacked John McCain's speech on the mortgage crisis, saying McCain's approach was "the road that George Bush has taken for the last eight years."
"It's the idea that the government has no role at all in solving the challenges facing working families," Obama said at a stop in Greensboro, N.C., according to NBC News. "That all we can do is hand out tax breaks to the wealthiest people and let the chips fall where they may. George Bush called this the 'ownership society,' but what he really meant is 'you're on your own, society.'
"If you lose your job, you're on your own," he said. "If you were lured in by deceptive mortgage practices, you're on your own."
McCain, in his speech, suggested limited government interventions on behalf of businesses and homeowners affected by the mortgage crisis. "It is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers," McCain said.
-- Perry Bacon Jr.
WASHINGTONPOST.COM
Proving my point. Assailing someone else, but never offering his own solution. While McCain gave a very detailed speech which closely mirrored the opinion of mortgage professionals, Obama offered nothing more than "McCain is a doodoo-head!"
I'm starting to get very sick of this con. I hope McCain rips his throat out when he has to actually debate him on this topic. Someday soon Obama is going to be forced to give actual answers instead of responding with questions. |
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dontwastemytine
105 Posts |
Posted - 03/29/2008 : 9:33:41 PM
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quote:
Originally posted by assassin17
quote:
Originally posted by dontwastemytine
THE MORTGAGE CRISIS
Obama Assails McCain
Barack Obama yesterday attacked John McCain's speech on the mortgage crisis, saying McCain's approach was "the road that George Bush has taken for the last eight years."
"It's the idea that the government has no role at all in solving the challenges facing working families," Obama said at a stop in Greensboro, N.C., according to NBC News. "That all we can do is hand out tax breaks to the wealthiest people and let the chips fall where they may. George Bush called this the 'ownership society,' but what he really meant is 'you're on your own, society.'
"If you lose your job, you're on your own," he said. "If you were lured in by deceptive mortgage practices, you're on your own."
McCain, in his speech, suggested limited government interventions on behalf of businesses and homeowners affected by the mortgage crisis. "It is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers," McCain said.
-- Perry Bacon Jr.
WASHINGTONPOST.COM
Proving my point. Assailing someone else, but never offering his own solution. While McCain gave a very detailed speech which closely mirrored the opinion of mortgage professionals, Obama offered nothing more than "McCain is a doodoo-head!"
I'm starting to get very sick of this con. I hope McCain rips his throat out when he has to actually debate him on this topic. Someday soon Obama is going to be forced to give actual answers instead of responding with questions.
Senator John McCain supports the privatization of Social Security through investing in the stock market. Even though a majority of the American people disagree with the idea of gambling with senior’s safety net, McCain wants to gove handouts to investment firms at the expense of our senior’s retirement funds. McCain was quoted on a Fox News interview as saying:
Allow people to invest part of their taxes earmarked for Social Security to investment, in investments of their choice. I am convinced that that will make the Social Security system solvent.
America should not gamble with the safety net that keeps millions of our parents and grandparents out of poverty. Or seniors deserve a leader who will protect them and not give handouts to corporate investment bankers.
While being interviewed by George Stephanopoulos, Senator John McCain can’t say more than a few words without glancing at his notes. There’s nothing wrong with having an outline of talking points and I certainly would not begrudge an old man a cue card or two, but this is getting ridiculous.As Senator McCain has aged, how much has his memory degraded? I don’t want to be mean, but we are talking about a man who wants to be President of the United States of America. We can’t afford to have a President who is losing his short term memory. “He was tired, he was short, he went his own way.” “Nothing close” to the energy level necessary for a presidential campaign: “He was out of gas well before he should have been.”
The Presidency is an unimaginably stressful and demanding job, one that requires long periods of concentration and unending energy. If Senator McCain were to win the Presidency, he would be 72 when sworn in.
It seems that McCain isn’t physically up to the job.
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assassin17
3326 Posts |
Posted - 03/29/2008 : 9:42:17 PM
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| The last time I heard that, I remember a 70 year-old president who took a bullet in the chest 61 days later and served out two entire terms. |
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lunarhamster
3138 Posts |
Posted - 03/29/2008 : 9:50:10 PM
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quote:
Originally posted by irishstu7975
I am voting for Obama and I am a republican...
Is that sarcasm? |
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dontwastemytine
105 Posts |
Posted - 03/29/2008 : 9:53:52 PM
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quote:
Originally posted by assassin17
The last time I heard that, I remember a 70 year-old president who took a bullet in the chest 61 days later and served out two entire terms.
HELLO~~ |
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dontwastemytine
105 Posts |
Posted - 03/30/2008 : 8:32:55 PM
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| it appears that Sen. Barack Obama has more than a fighting chance at becoming the next Democratic Presidential Nominee. |
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kellamtom
609 Posts |
Posted - 03/31/2008 : 04:24:56 AM
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| here's something right out of obama's economic plan. create another disclosue "Today’s subprime mortgage problem stems in large part from the lack of easy-to-understand information that borrowers receive from mortgage brokers." If you've attended a closing, you'll find that the closer just rushes through getting signatures, without an explanation of the til. Can title companies take part of the blame, or can they just rush on to the next closing. |
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