saden1
10-09-2008, 03:00 PM
Well your man says he is going to reduce federal taxes for 95% of Americans. That number is also misleading because there are not 95% of Americans that even pay taxes.
First 95 percent refers to those who pay taxes. Obviously children don't get tax cuts though their parents will. Believe it or not those who don't pay taxes can get a tax cut in the form of an increased in the amount of Earned Income Tax Credit (http://en.wikipedia.org/wiki/Earned_Income_Tax_Credit)they receive.
saden1
10-09-2008, 03:10 PM
and why is it everyone believes in Darwinism but not when it comes to the economy?
Are you referring to perverse version of Darwinism (http://en.wikipedia.org/wiki/Social_Darwinism)?
BleedBurgundy
10-09-2008, 03:24 PM
Are you referring to perverse version of Darwinism (http://en.wikipedia.org/wiki/Social_Darwinism)?
cute. yes, social Darwinism.
firstdown
10-09-2008, 03:40 PM
I am dismayed that you aren't aware of the fact that McCain opposed the Bush tax cuts.
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Bills introduced by Obama and passed as law can be found here (http://thomas.loc.gov/). Here are some of the important ones:
Sorry your link you gave did not say that any of his bills passed and the ones you listed from what I looked up (your link) have not been passed. Maybe the site is not updated.
firstdown
10-09-2008, 03:59 PM
Ok, I did some checking and Obama has only two Bill that he has authored in his three year that have been voted into law and these are some real important laws at that.
S. 2125, A bill to promote relief, security, and democracy in the Democratic Republic of the Congo.
S. 3757, A bill to designate the facility of the United States Postal Service located at 950 Missouri Avenue in East St. Louis, Illinois, as the "Katherine Dunham Post Office Building."
Sheriff Gonna Getcha
10-09-2008, 05:00 PM
I hear what you're saying, but I'm not sure you see my point.
No I hear you, but I don't think some of the worst offenders are going to get off scott free. I guarantee you there is going to be a slew of litigation (both civil and criminal) when the dust settles and I fully expect some heads to roll. For example, the DOJ and SEC are already talking about conducting a criminal investigation into AIG's top management re: misleading shareholders (aka an "Enron suit). Not everyone will be held accountable, but some people will be.
firstdown
10-09-2008, 05:03 PM
No I hear you, but I don't think some of the worst offenders are going to get off scott free. I guarantee you there is going to be a slew of litigation (both civil and criminal) when the dust settles and I fully expect some heads to roll. For example, the DOJ and SEC are already talking about conducting a criminal investigation into AIG's top management re: misleading shareholders (aka an "Enron suit). Not everyone will be held accountable, but some people will be.
Your right we are going to spend another 10 billion investigating these guys. If I'm correct haven't they allready found that one Co. was holding back info about their current financial strength.
BleedBurgundy
10-09-2008, 05:07 PM
Your right we are going to spend another 10 billion investigating these guys. If I'm correct haven't they allready found that one Co. was holding back info about their current financial strength.
There's money I'd support spending.
Sheriff Gonna Getcha
10-09-2008, 05:47 PM
Your right we are going to spend another 10 billion investigating these guys. If I'm correct haven't they allready found that one Co. was holding back info about their current financial strength.
I believe both AIG and Lehman supposedly withheld certain "bad" information from shareholders. But they need to investigate who knew what and when, what those people did with their shares, and a whole host of other issues. It won't cost anything close to $10B, but it will likely cost millions and take years to complete.
JWsleep
10-09-2008, 06:44 PM
Ok, I did some checking and Obama has only two Bill that he has authored in his three year that have been voted into law and these are some real important laws at that.
S. 2125, A bill to promote relief, security, and democracy in the Democratic Republic of the Congo.
S. 3757, A bill to designate the facility of the United States Postal Service located at 950 Missouri Avenue in East St. Louis, Illinois, as the "Katherine Dunham Post Office Building."
Where did you get this info? Link? What was wrong with the Library of Congress? Worked fine for me. Lots of bills, many of them--like all bills--co-sponsored.
No party in power can survive this kind of economic meltdown. Not sure what else is relevant, I'm afraid, for good or ill.