tag:blogger.com,1999:blog-4868637208708070057.post7226531934626882351..comments2023-10-26T08:39:39.501-04:00Comments on The Global Observer: Obamas New Tax PlanThe Global Observerhttp://www.blogger.com/profile/13799206875756322855noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4868637208708070057.post-53625760016076567302019-06-24T04:56:49.522-04:002019-06-24T04:56:49.522-04:00COLLINS GUZMAN FUNDING'S
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He is on an onslaught to reverse just about every policy to protect corporations and anyone who has accumulated money. He just gave Chrysler control over to the United Auto Workers (55%) over the holders of actual investment of the company. That is reversing the rule of law in bankrupt proceedings.<br /> <br />He is vicariously spending money that this nation does not have even a fifth of. His disdain for our homeland security from Islamic terrorists is now slowly becoming visible to many. He just canceled the Mexican fence security along with canceling programs to keep tabs on illegal aliens. He wants to bring these terrorists into the U.S. for a fiasco of legal proceedings. Hello, the countries he tried to pawn them off on do not want these dangerous criminals.<br /> <br />From new information, he is considering asking Israel to dismantle it's nuclear arsenal and giving up the West Bank.....That would be the end of that nation. Yep, his Muslim heritage is bleeding through.<br /> <br />Now he about to break the bank with Health reform....ala God help the elderly when medical help will be rationed out or they are left to die as in some other socialized medicine countries.<br /> <br />And there is Cap and Trade. Probably the worst scam in history, yea, I know you don't agree but wait for the bombastic cost to citizens and corporations. Yet he has stymied oil and gas exploration with newly enacted orders.<br /> <br />You were right.....the sucking sound of corporations leaving this country will be loud and vigorous as he tries to control or tax their actions.<br /> <br />Hello America......you got the "CHANGE" you voted for. God help this country.<br /> <br />Since I cannot access your blog due to technical reasons, you are welcome to place my comments in it......."The Global Observerhttps://www.blogger.com/profile/13799206875756322855noreply@blogger.comtag:blogger.com,1999:blog-4868637208708070057.post-53230025948513336582009-05-12T20:52:00.000-04:002009-05-12T20:52:00.000-04:00Wow...this blog is getting me quite a few emails a...Wow...this blog is getting me quite a few emails and comments. <br /><br />Tim, the superpowers you mention such as China and India cannot be compared to the USA system nor politically. China is still for all intents and purposes a Communist run regime which has woken up to the reality that a CERTAIN AMOUNT of free enterprise is their only hope to feed their zillions and compete trade and militarily with the rest of the world. This regime survives and thrives off the back of its massive poor and almost slave labor. How can that system be just in the eyes of anyone? There is no freedom or democracy there...unless you create and produce and share...and tow the line of the ruling party.<br /><br />Also, Obama's tax plan isn't the only problem. If it was, it might be considered less threatening. But in addition he is nationalizing banks and big auto companies which way oversteps his constitutional rights per position, giving control of Chrysler to the unions over the rights of the stockholders, emptying the citizens tax coffers just to sustain the unsustainable. He seems to think the government can do miracles with upside down budgets and creating money out of thin air that just goes against cause and affect or even laws of nature if you will. He is NOT God...but trying to be. This will affect our GLOBAL economy for decades to come...and not in a GOOD way.<br /><br />There in inherent evil in much of what is being done which I may go into on another blog one day soon. I really am not out to burst your socialist bubble my friend, but this pony doesn't ride from how I have experienced life and read history. Maybe you have to be from America to understand what a LEFT turn this is for our system overall.<br /><br />Meanwhile, follows is a comment just received from another friend that couldn't seem to post it here. I will do so for him and it somewhat responds to what you are saying as well...The Global Observerhttps://www.blogger.com/profile/13799206875756322855noreply@blogger.comtag:blogger.com,1999:blog-4868637208708070057.post-30471044205221356002009-05-12T18:06:00.000-04:002009-05-12T18:06:00.000-04:00Hey Ed,
Yeah I understand your argument. But I re...Hey Ed,<br /><br />Yeah I understand your argument. But I read somewhere (correct me if i'm wrong) that even if Obama was able to pass all of his tax increases that he has proposed, the marginal tax rate would increase only to where it was when Reagan was president. And if it didn't choke business and consumers then, why would it now?<br /><br />These emerging economies aren't growing wealthy because they don' have socialism, it's becuase they (China and India) have such a massive population and they are only now starting to organise themselves and become a productive economy. With a population like China's, assuming at least a half-competent Government (Which the chinese didn't get until they reformed the communist party) it is only inevitable that they'll become a superpower.Timothyhttps://www.blogger.com/profile/15479630100587054989noreply@blogger.comtag:blogger.com,1999:blog-4868637208708070057.post-57473180470518032032009-05-12T16:20:00.000-04:002009-05-12T16:20:00.000-04:00Tim...thanks for your participation in this conver...Tim...thanks for your participation in this conversation. If you are talking comparatively with first world countries...yes, US tax rates are not the highest. But...I am strongly suggesting that is the very reason the USA economy grew so much ans so fast for many decades and DID support so much of the world for so long...we had a much fairer and simpler tax structure which allowed more individual and corporate freedom to profit and reinvest in new technologies etc. Unfortunately we are now seeing and being pressured into accepting the worlds failed model of heavy government and high taxation. This system is killing the goose that lays the eggs. Meanwhile, other emerging economies are growing wealthy and rising to prominence because they DONT have that heavy burden of entitlements and socialistic systems that are failing.<br /><br />I'm afraid what you are asking for my friend is to feed the masses with "5 loaves and 2 fish". Jesus is the only one in history I know who succeeded in that.The Global Observerhttps://www.blogger.com/profile/13799206875756322855noreply@blogger.comtag:blogger.com,1999:blog-4868637208708070057.post-44052488331505717862009-05-12T13:54:00.000-04:002009-05-12T13:54:00.000-04:00Bueno, el senor esta tratando de hacer, lo que el...Bueno, el senor esta tratando de hacer, lo que el piensa es conveniente, para tratar de solucionar los problemas economicos que dejo la anterior administracion.<br />Socialista, democrata, comunista, que mas da, cada uno tira para su lado.<br />Al final veremos, pero como siempre dije, Obama, no me daba mucha tranquilidad para el futuro de los Estados Unidos.<br />BBBibianahttps://www.blogger.com/profile/10458425175434626232noreply@blogger.comtag:blogger.com,1999:blog-4868637208708070057.post-42582949273974873352009-05-11T09:28:00.000-04:002009-05-11T09:28:00.000-04:00I don't think Obama's tax plan is really that extr...I don't think Obama's tax plan is really that extreme. Most of the "increase" (from my understanding) is coming from a repeal of some of Bush's tax cuts. As we both know, it was these tax cuts and increased military spending that caused the ballooning deficit. I think it's only fair for Obama to want the amount of revenue that Government used to receive, because the only other alternative is cutting services (or military spending, but that'll never happen). Also remember that some of America's marginal tax rates are quite low compared to other western-style countries, so it isn't like you're being taxed into oblivion (i.e. the hysteria of the tea parties).<br /><br />I just don't see what is so socialist about Obama, and this is coming from a socialist. There is a consensus in both the democrat/republican leadership to put public money into the banks that were about to collapse (Government intervention can save free markets from collapsing into themselves, can ensure competition remains in an industry where the tendency might be towards natural monopolies, and also force companies to internalise certain negative externalities that they are causing to society (i.e. dumping waste into an ocean). His modest tax increases don't have anything to do with the principles of socialism, and furthermore he is fully committed to the war in Afghanistan and only slowly withdrawing from Iraq. He also maintained those incursions into pakistani airspace. He appears to me like a centrist, as much as i'd like to pretend that he's a socialist/idealist.Timothyhttps://www.blogger.com/profile/15479630100587054989noreply@blogger.com