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  • I wouldn't regret saying something I didn't mean either. Fuck u obama. Ron Paul 2012.

  • Go baby go. Spread it back as much as you can. Here is a indisputable fact. In 1979 the wealthiest one percent of Americans were worth nine percent of the total GDP. In 2009 the wealthiest one percent of Americans were worth twenty four percent of the total GDP. That is the largest concentration of wealth in the history of the United States. Isn't it amazing how people can so easily be manipulated, by political propaganda, and ignore the actual facts.

  • do i hear a hitler?

  • why should he?

    Crazy american politics.

  • three words:

    we are screwed!

  • I hope Joe managed to purchase that plumbing business. Right after he got his license that is...and paid back the welfare he collected as a kid.

  • this is hwat hitler, obama is like hitler

  • Spread the wealth. Gimme some. Show your wallet.

  • The Re-distrubition of money is one of the important things America needs. Just look at Detroit, Look at New York, Baltimor, and many others. The Banks are fucked. So is the Monetary System.

  • It is 'legalized' theft. Just because a socialist government makes theft legal (for the politicians) does not make it any more moral than if I did it. Taking from YOU Facists to give it to whom I consider less fortunate.

  • Under Bush we all got "Stimulus checks" redistribution of wealth, we "nationalized banks", we "nationalized insurance companies", we "nationalized brokerage houses", and we gave trillions in welfare to Iraq...

    AND YOU CALL OBAMA A SOCIALIST???Welcome to last year.

  • Yes you are so right... And the guy who promises change? Obama is just another socialist

  • Mikister = Joke

  • In fact, prices are most screwed up in the industries that are most heavily subsidized.  Half of our healthcare spending is socialized medicine. Education, agriculture, energy. All of these industries use the government to collect rents through subsidies. Eliminate central planning and prices would improve for the "middle class".

  • We'd be better off if they got rid of the Federal Reserve.

  • Ahh Economics. The cold, austere doctrine conservatives believe should control the world. Look where the economic geniuses have gotten us so far. Good economic sense or bad makes no difference if the people applying the principles don't understand it. There is so much more to leadership and governing than economics. Tell that to a conservative.

  • People buy stuff they don't need with money they don't have. Almost everything we buy has been produced or manufactured irresponsibly. Less than one percent of what we purchase will last us longer than 6 months. Yeah, and subsidies are the problem!?? We are lost. HAHAHA even worse than people who use economics as a religion.

  • Yeah stuff that doesn't last us 6 months. Like food, gas, insurance, communications, damn how irresponsible are we.

  • Also if you really want to even the playing field you need to repeal Bretton Woods, get us off of fiat money and get rid of the Federal Reserve.

    McCain and Obama each represent the status quo in this regard. So this "Change we can believe in" is just pure political bullshit.

  • Well no matter how you cut it taxation is theft and government is no different than the mafia (Congress engages in extortion on a daily basis).

    "You'll probably be paying more under McCain than Obama, though."

    This is too vague of a comment for me to even know what you are talking about here. Don't forget though if Obama wins he will also likely have a democratic Congress and Senate. We already saw what happens to spending when a bunch of idealogues control the white house and congress.

  • This guy is running for the presidency and he doesn't know the difference between wealth and income? You are an idiot if you operate under the axioms that all wealthy people have high incomes and everyone with high incomes is wealthy. If he wanted to "spread the wealth" he'd put a 5% tax on all assets in excess of X. Luckily the Constitution protects us from such tyranny.

  • Dude, ever hear the term "The Government that governs least governs best"? Theres's a reason why that was said. But that's just me.

  • That quote was used also by Stephen Colbert to make fun of the right wing.

  • oops! I meant *swiped... well anyways.

  • Yet another awesome aspect of the Obama Welfare State economic plan.

    Here are some additional reasons that you should NOT vote for Obama: Get the word out!!!!:

    /watch?v=TdwKraSi5z8

    /watch?v=B3GGImrVLXo

  • Federal Elections Commission investigating Barak Obamas Campaign fundraising while the FBI investigates ACORN executives for Federal Racketeering Charges of voter fraud. It has been well known recently that ACORN is at the heart of one of the most massive voter fraud campaigns in American history. Many ACORN employees were recently convicted of voter fraud in Ohio, California, Florida, and others. Email the DOJ, the FEC and FBI to demand they stop their voter fraud now!

  • Massive voter fraud? Hilarious. A few people fill out names like "Donald Duck" just to get their paycheck. The fraud was reported by Acorn.

    By the way, it's not voter fraud unless "Donald Duck" showed up and personally pulled a lever. Right now, it would be voter registration fraud, commited by a few greedy people, not the organization.

  • The Muslim Khalidi lovin',Obama is unacceptable....

  • It amazes me how some people are so ignorant about the "spread the wealth" concept. Spreading the wealth is a concept that was developed long before socialists. If it wasn't for spreading the wealth, we wouldn't have our mass amount of corporations today.

  • spread the wealth.

  • yeah, those crazy democracts and their crazy socialist ideas; i mean it's not like social-capitalism has ever worked anywhere before... oh wait... what's that continent across the Atlantic called? Oh that's right! It's Europe! And boy, let me tell you, as soon as they elected socialist leaders, you know, like in the 60s, boy all of their jobs have just fled and that whole continent is just a shit hole; what with their functioning social security, health care, and superior education systems...

  • Their taxes are extremely high, an average workers tax in Germany is 50%. OUCH America stands on the principles of small government and the nation is doesnt want "european type"capitalism (Modern Moderate Socialism). Social security is also a massive problem. The older generation outnumbers the younger workforce. They are having HUGE problems in Europe with social security. ask yourself, do you trust the government now?

    Then why would you trust them with more of your money??

  • So from Europe's example, are you saying we should either privatize or abandon social security?

    And really, look the US. It's pathetic how bad this conservative government has done. These Bush tax cuts are absolutely ludicrious because they don't benefit the middle and lower class and horde the wealth for the upper class. The income gap here is widening and conservatism has only made it worse. Meanwhile, the largest lowest unemployment rates in decades were under the previous Democratic Gov.

  • Socialism is not wanted in America!

  • Yeah, it's not.

    The Spread the Wealth concept originated long before socialism did and it fueled capitalistic innovation.

  • Yeah, fucking whateva!

    SOCIALISM = THEFT

    "Dig up Ronald Reagan 08"

  • How do you think feudalism eroded as peasants became richer?

    Spreading the wealth.

    How do you think consumers became increasingly able to afford products, thus powerering corporations?

    Spreading the wealth.

  • Yeah, it worked for the Soviet Union, Cuba, Kenya and more. Nothing wrong with being charitable. But I draw the line when it's automaticly swoped out of my check, at the point of a gun or the threat of jail.

    Socialism? No thank you.

  • It's not at the point of a gun. It's taxation.

    And also, if you're one of the 95% percent making below 250 K, you're being GIVEN the wealth. And it's not just being "charitable", it's actually giving consumers more wealth to spend on goods and services.

  • Look! Really, I don't want Socialism, I don't want "Spread the wealth" or whatever turd you throw in a bowl, spread whipcream on and call a sundae. Socialism is theft no matter what you fluff it up as. What part of "It's not wanted" don't you understand?

  • PulsarFusion, you act like you still live during the Cold War. It's not socialism. Get that through your head. We've had wealth being spread since the 16th century. From the nobles to the peasants. The peasants became consumers, and they began to buy goods and services, thus having corporations EXPAND to meet the larger demand. It's both part of capitalism and socialism.

  • Sorry Robinhood, I don't buy this "Spead the Wealth" or Socialism or whatever fluff you want to call it. Give up, this isn't going to change my mind.

  • PulsarFusion, you aren't even refuting my arguements. You're merely saying that you don't acknowledge it for an unspecified/non-existant reason. Even Sarah Palin spread the wealth back in Alaska. Taxes are a form of spreading the wealth. It's not socialism, you ignorant conservative.

  • Mikister: Ok lets not use the term socialism. Instead we can describe it as a choice between coerced collectivization and voluntary collectivization. Here is a good paper that highlights the differences and clearly states which one is more desireable...

    ideas(dot)repec(dot)org/a/ucp/­jpolec/v98y1990i6p1228-52(dot)­html

  • I'm glad you don't call it socialism. No matter which candidate wins, we're still not switching over to a voluntary system. You'll probably be paying more under McCain than Obama, though.

  • Typical Socialist resorting to name calling when he doesn't get his way. Need a tissue?

  • PulsarFusion, you still haven't even tried to refute a single arguement. I called you ignorant because you are. And exactly how is being "typically socialist"? I'm not a socialist. It looks like you're the one resorting to name-calling.

  • Mikister: Are you seriously that ignorant of what is going on around you? They send SWAT in with guns if you don't pay taxes.

    "And also, if you're one of the 95% percent making below 250 K, you're being GIVEN the wealth."

    I thought Obama said greed was bad?

  • Then pay your taxes. It's your duty as a law-abiding citizen.

    How is that greed? He's taking wealth OUT from the hands of the rich and giving it to the poor. He's slowing down the widening income gap in this country that has doubled since 1980.

  • "He's slowing down the widening income gap in this country that has doubled since 1980."

    Mikister: Household income is a terrible measure to look at over time. You do realize that the average household size has fallen by 30% or so. What is even worse is that you are only looking at wages, not total compensation. Only a fool would think a job that pays $40,000 a year with no benefits would be better than a job that pays $38,000 with $5,000 in non-wage benefits.

  • True, however, no matter what measurement you use, the income gap is always shown to be widening. It's a problem if wealthiest 10% make 50% of the income. They need to pay their fair share. Slashing their taxes is not the answer.

  • "They need to pay their fair share. Slashing their taxes is not the answer."

    No central planner can objectively determine "fair share". The "income gap" is only a problem to statist idealogues. You also have to remember that all the Mexicans that immigrate to this country drag down the median household income, but they are surely better here than they were back in Mexico.

  • The income gap is a large problem. The wealth cannot be concentrated in the hands of a few, away from those who could truly use it.

  • "The wealth cannot be concentrated in the hands of a few,"

    No. Power can not be concentrated in the hands of a few.

    And as I said earlier income is not synonomous with wealth.

  • Wealth is not a big issue, because prices for products adjust to shifts in supply and demand. Over the past 20 years as wealth has accumulated to a few, prices have risen more rapidly for high end products. This is consistent with Hayek's definition of inflation (growth in the money supply). However if you give lots of power to a few people (Bush/Cheyney/Obama/Pelosi/etc­) prices will not adjust to supply and demand, because they have the power to keep prices from moving to equilibrium.

  • What about the goods and services prices don't adjust for? For example, colleges and universities.

  • The increase in tuition has been a result of stupid government policy. Every few years people complain that EVERYONE can not afford college, so the government throws more money at universities (through subsidies). Colleges take these subsidies and increase prices equal to that subsidies. Supply and demand remains in balance and the colleges mooch off the government. The people who lose are the ones that are not smart enough to take advantage of all the government subsidies.

  • Socialism is the spreading of wealth. Is it or is it not?

  • Do you make over 250K

    If not, then why does this Comment threaten you?

  • Because I don't trust Obama on that one. He's going to raise taxes no matter what. And make BIG government much bigger. I don't want that.

  • its actually 200K now.

    coming from 300K and then 250K.

    wont be surprised if he lowers it (again).

  • when did they make this statement?

    Another Conservative lie?

  • he said it during the primaries

  • Socialism involves spreading the wealth. Socialism itself cannot be called spreading the wealth.

    Capitalism also involves spreading the wealth. Taxation is spreading the wealth. Wealth was being spread as far back as the 16th century and it improved conditions for so many and it lead to the growth of corporations.

  • itty bitty soundbites do not make for a valid Statement.

  • While you that lack political intellegence, are listening to videos that cut off in mid sentence, smears, and lies to "prove something" The rest of us are looking at McCain's policy, his past actions and his plan for America, his bimbo choice for a vice president that was more for rating like the run for president was a sitcom.

  • There is nothing wrong with spreading of wealth as long as it is not mine that's being spread around.

  • Feed the rich...leftovers for the poor...such is Reaganomics. If you buy it....you'd better be rich! Tax breaks for those making over $250,000.00 must cease and be repealed. Because that's Socialism...isn't it?

  • the voting public will go for the man with the experience and i.e. undoubtedly JOHN MCCAIN.

  • Google- Democrats want to take over 401K's.

    They are going to stop all tax exemptions.The

    employers will have no incentive to match employees contributions ever again.They are going to redistribute the wealth with peoples

    own retirement money!They will get checks before & after you retire.When you retire they

    will give you one check a month like Social

    Security!Get ready to spread the wealth middle

    class nothing off limits of yours you have to share it !!!

  • capitalism will trump socialism in the elecion 2008.

  • tell a capitalist that you 'want to spread his wealth around' you make him very distrusting and also you make yourself dumb.

  • fundamentally 'spreading the wealth' is a socialist policy

  • UPDATE - The woman ADMITTED that she MADE THE WHOLE THING UP.

    Google: Campaign Volunteer Faces Charges In Attack Hoax

    Ashley Todd told investigators today that she was neither robbed, nor attacked.

    You people will stop at NOTHING.

  • The Heritage Foundation is a self admitting right wing propaganda organization. No kidding they said McCain's plan would produce more jobs. Next you'll be telling me that Keith Olbermann says that Obama will be a better president.

  • Fastest growing economy in the world: CHINA

    Richest country in the world: LUXEMBOURG

    Highest standard of living: SWITZERLAND

    Best Health Care System: JAPAN

    What is the one thing that all these countries have in common? They have socialist programs.

    In fact most countries around the world that have adopted socialist programs have a higher standard of living than the US. Many get 2 months vacation every year and shorter work weeks. What wrong with wanting a better life and economy?

  • So you feel that Obama is a right wing conservative? Do you realize how crazy that sounds. Or maybe you just don't know your history. The NAZI party was a right wing conservative group. They preached God, had book burning of "evil" books, and cracked down hard on Gays and Abortions. They preached hate and that only good white Christians were righteous in Gods eyes. You should really learn your history, ignorance is not a good thing.

  • WOW and you wonder why people say that GOP's are hate filled people that spread lies. You can't tell me that you are really so ignorant that you don't know that the Senate is split 49 Democrats to 49 Republicans with 2 Independents. To have "power" you need to have at least 60 seats to override the opposing party. Democrats haven't had that since 1979. Look it up at senate(dot)gov and stop with the lies. I was a republican for 23 years and at least I am man enough to admit we screwed up.

  • Re, "are you a man or a women?" (you sent me a reply). I didn't know you were talking about abortion. I'm totally pro-choice. If men got pregnant there'd be no discussion about it: there'd be abortion clinics on every street corner. (I am a man, by the way.)

  • Hey If barack obama becomes president than he gets his taxes raised sounds good. tax the president.

  • Folks, you really need to open your eyes. There is no difference between the parties. One says this, the other says that, and then they do whatever puts more money in their and corp America's pocket. US is a corp. the pres is the ceo. We don't have a government we have a corporation of which you became an employee by way of your SS#. If you don't like what they are doing, become sovereign. That is the way God made you. Quit US Corp and live free. If you do, you get no handouts either.

  • What a line of crap.

    True, republicans steal from the govt alright, Only they NEVER give it back to the people. They give it to multinational corporate iterests in multi-billion dollar "hand outs" or put it in their OWN pockets.

    for the most part, Republicans are BIG money socialists -- stealing from the poor to give to the rich -- just the opposite of Robin Hood.

  • You got that right, bro.

  • how exactly do republicans steal from the poor? i've seen this comment several times and it has never made any sense.

  • Simple, Republicans (despite the pure BS the right wing media tries to shovel) tax JUST AS MUCH as the democrats, but want the poor to shoulder just as much of the tax burden as the rich. At the same Republicans also favor giving enormous "handouts" to big business in "economic stimulus packages" thereby effectively redistributing wealth to the rich. Republicans are NOT fiscal conservatives, they're are big money socialists.

  • Michelle Obama spends 448.00 just for lunch every day!

    I saw the receipt online!

    I wish SHE would spread some of that wealth to me!

  • Fastest growing economy in the world: CHINA

    Richest country in the world: LUXEMBOURG

    Highest standard of living: SWITZERLAND

    Best Health Care System: JAPAN

    What is the one thing that all these countries have in common? They have socialist programs.

    In fact most countries around the world that have adopted socialist programs have a higher standard of living than the US. Many get 2 months vacation every year and shorter work weeks. What wrong with wanting a better life and economy?

  • I make less money than you do H2JOE, would you send me some if I give you my PO Box address???

  • I don't believe in handouts. I do believe in a strong economy and that means proper distribution of wealth. Have you ever been to a country without distribution of wealth or without social programs and a two tiered social structure? (rich and poor) They are living hell holes. Proper distribution of wealth does not mean that you have to just give the money away though. That is one of the biggest problems with welfare in my opinion. Make people work for their money.

  • I actually plan on keeping the money I've worked my ass off to obtain. Between grad school and work, I expect to be rewarded for my time and effort. It is not my job to give money to those who neither work, nor pay taxes.

    And he wonders why he dropped in the polls last week.

  • re: Redbob86

    ==I actually plan on keeping the money I've worked my ass off to obtain. Between grad school and work, I expect to be rewarded for my time and effort. It is not my job to give money to those who neither work, nor pay taxes.==

    And that's exactly what Obama is proposing.

    You keep what you earn.

    Aka, rather than handing out a welfare check, instead they will simply not charge your $1000 worth of payroll taxes.

    greyfalcon. net/ eitc2

    greyfalcon. net/ eitc

  • MUST SEE BEFORE YOU VOTE!!!

    oldbluewebdesigns(dot)com/USSA­.htm

  • greyfalcon. net/ taxevasion

    greyfalcon. net/ taxevasion2

    greyfalcon. net/ taxevasion3

    Progress!

  • Not redistributing the wealth the way Obama wants to, is it really the upper classes fault that highly uneducated bums can't make enough money? Why should the rich companies be punished for their success? Increasing taxes for the businesses will only lead to unemployment rates increasing. But if Americans think Obama is the way to go, fine by me, I won't really be affected in any way; my parents make a surplus already.

  • re: nycxvincent ==Increasing taxes for the businesses will only lead to unemployment rates increasing.== According to who? greyfalcon. net/ jobgrowth.png greyfalcon. net/ jobgrowth2.png greyfalcon. net/ jobgrowth3.png greyfalcon. net/ jobgrowth4.png greyfalcon. net/ smallgovernment.png I guess by your argument we need to further CONCENTRATE wealth, huh? greyfalcon. net/ concentrate.png How about you listen to this guy, his name was John McCain greyfalcon. net/ bushtaxcuts2
  • "Increasing taxes for the businesses will only lead to unemployment rates increasing"

    You do realize taxes are on PROFITS right? Wages are a pre-tax expense, so if corporate taxes are lowered are raised if does not impact ability to hire.

    Uneducated bums? You mean the military and the elderly, and the children, where most of our federal tax dollars go? You do realize welfare was reformed under Clinton, right?

  • Never try to explain welfare to a Republitard. If anything remotely true were to sink into their thick skulls...things like how Obama is part of the single best Welfare to work programs in the nation where around 80% of the people on welfare are NOW OFF IT...their heads would expload.

    It would be a partial admittance that its actually THEIR party that is the problem and not the dems.

  • Your going to have a hard time trying to explain facts to a Republican.  They only understand fear and hate. They find facts and knowledge to be confusing and elitist. After all only an elite can afford to go to school.

  • Obama is a millionaire why doesnt he set example and give away all his wealth?

    Obama is hiding the fact that most of this redistribution is going to foreign countries not to Americans.

    He's a slick liar as most politicians are.

  • I have read over both plans rather carefully and missed the part of our money being sent to foreign countries. Could you please give an example.

  • Search youtube video, "Sen. Obama on Doubling Foreign Assistance".

    I thought all these countries hated USA but they sure want our hard earned money!

  • Thanks I watched the video. It looks like he has a pretty solid plan. Great video and he is only planing on raising the cost by 6 billion a year for all nations. WOW, that's cheap in comparison to the $600-1,300 Billion that we spent in Iraq that we KNOW hate us. Obama looks like he is going to save us a lot of money and make us safer doing it. Good plan, thanks again for sharing.

  • Robin Hoods claim to fame was not that he took from the rich to give to the poor, but that he took from the tax collector and gave back to the people their own money. The issue was overtaxation.

    Robin Hood was waging a struggle against illegitimate, unconstitutional government.

    So Robin Hood: A supporter of low taxes, a government limited by strict constitutional construction and natural law, and offensive military expeditions against the Democratic/ Republican Party combine of his time.

  • From 2001 to 2004 the wealthy in America saw a drop in taxes from 33% to 26.7% and all sheep bowed to him for it.

    It didnt help the economy even remotely as more jobs left America than ever before.

    Obama wants to increase taxes on the wealthy by 3% tops...and all sheep hate him, call him an evil socialist and say America will die because of it.

    Sheep, gotta love how they suck corporate cock

  • oldbluewebdesigns(dot)com/USSA­.htm

  • re: TakeThatHill

    ==I like most colored people but I can't vote for Obama because he is a socialist & a Marxist==

    Oh, and it couldn't hurt to watch the actual entire interview in full context.

    greyfalcon. net/ fullinterview

  • Fastest growing economy in the world: CHINA

    Richest country in the world: LUXEMBOURG

    Highest standard of living: SWITZERLAND

    Best Health Care System: JAPAN

    What is the one thing that all these countries have in common? They have socialist programs.

    In fact most countries around the world that have adopted socialist programs have a higher standard of living than the US. Many get 2 months vacation every year and shorter work weeks. What wrong with wanted a better life and economy?

  • ==I like most colored people but I can't vote for Obama because he is a socialist & a Marxist==

    Then you should see this.

    An THEN feel free to vote for whoever you choose.

    greyfalcon. net/ bushtaxcuts2

    greyfalcon. net/ bushtaxcuts

    greyfalcon. net/ eitc

    greyfalcon. net/ eitc2

  • your an idiot

  • o_o

    I think his orginal comment was taken completely out of text.

  • Not comfortable with his twisted face and affected sincerity.

  • McCain???

  • dear mccain campaign,

    if any staffers are monitoring the comments, you can still win down the stretch.

    1. keep palin quiet

    2. distance as much as possible from bush

    3. hammer away at "spread the wealth" -obama

    4. pounce when biden says something dumb again

    5. get ralph nader and the 3rd parties on national TV, nader alone will get many of obama's votes (at least 5 or 6 million) plus barr, mckinney, and baldwin combined should be good for taking a couple more million from him. good luck.

  • SonOfByford, they dont need to do all of that...all the need to do is keep doing what they are doing and keep their small minded base distracted with non-issues.

    Republitards are dumb enough to continue falling for it over and over and over again, that is why they still have a chance. America has some of the dumbest people on the planet living in it.

  • Ladies and Gentlemen, I present to you the President of America, John McCain!!!

  • Wow I didn't know America was a country or do you mean United States Of America?

  • too fucking bad they say I present you the President of the United States, not America.

    idiot.

    and btw, McCain is going to lose.

  • Come on people don't make fun of a republican for not knowing the difference between the President of America and the President of the United States. You have to remember that the consider going to school to be an elitist thing. All those facts and knowledge just get in the way of some good old fashioned hate and fear.

  • It's very easy to talk about the horrors of abortion, but I would like to see some of the anti-abortionist take care of a truly deformed and retarded child born as a result of rape or incest. Chances are they would instituionalize the child and let the taxpayer pay the bill.

  • The CRA was a great idea. It was formed during a time when there was the horribly evil thing called oversight...you know, the thing that stopped banks from taking advantage of people. The thing that Republitards removed during the Reagan years.

    And yes, Clinton did sign the CFMA into law and it was a hugh part of the problem...and it was passed into law by a REPUBLICAN MAJORITY. More Dems voted against it than Republicans.

  • NObody has the right to kill innocent children

    NOT a mother her own child..

    abortion people are evil

    take a deep breath and try thinking!

    Obama is PRO abortion its killing innocent children ,, wake UP

    I just posted a interview with a Baptist that is pro abortion,, he was madder than a old wet hen!

    Matthew 18:4 (KJV) Whosoever therefore shall humble himself as this little child, the same is greatest in the kingdom of heaven

  • Blue blood sperm cell fertilizing blue blood egg equal instant millionaire. Ya, let all these hard working people maintain control of 95% of the nations wealth, after all they will trickle some of it down to us hard workers if we're lucky. The Mccain's are some of the lucky blue-bloods. Johnny wouldn't have had a chance getting into the Naval academy without his dad, Admiral Mccain. The Blue-bloods have the wealth and power, and will do anything to keep it. Let's not change that.

  • I can recall many times when my bank complained to me that he was BEING FORCED to make BAD LOANS!

    Quit being sheep

    Think for yourself

    Google CRA Jimmy Carter 1977

  • re: rvisaac

    =I can recall many times when my bank complained to me that he was BEING FORCED to make BAD LOANS!=

    Actually, the problem was a 2003 Bush law change to the regulating agency for Fannie/Freddie

    Which allowed them to accept 12% interest third party loans, instead of issuing their own 3-5% loans inhouse.

    All of the sudden, the amount of loans issued by F/F dropped like a rock.

    greyfalcon. net/ oilchart4.png

    greyfalcon. net/ cra

    Near all those 12% loans came from banks not doing CRA

  • rdrakken Google these  Then you will understand how the Mortgage crises came about.

    CRA Jimmy Carter 1977

    Bill Clinton sings into law CFMA 1999

    Barney Frank Hud 2003

  • Sam goes to a cafe for lunch with friends. He passes a bum on the street, holding a sign, "VOTE FOR OBAMA, HE'LL SPREAD THE WEALTH TO ME"

    A waiter approaches to take Sam and his friends order. The waiter is wearing a pin, "Vote for Obama, vote for change"

    comes time to pay the bill, and Sam leaves a note, I've decided to spread the wealth so I'm not paying you a tip. He goes outside hands the $12 to the bum and tells him to thank the waiter inside wearing the Obama pin. Yeah, that's change!!!

  • NOT FUNNY

  • Ya think? That was the point. It's very serious. Says it all, and if you think it won't happen to you, then, go to the refrigerator, get an adult drink and fog your mind, and try not to get up from bed a week from Tuesday.

  • Oh sorry, you can get up a week from Tuesday. Your Canadian, so what does it matter if you vote or not.. Silly me... :)

  • If you think that he's going to base his economics on an equal distribution scheme, like in a Utopian Communist kind of way, I could understand your concern. Simply put, I think some of the wealthiest Americans are afraid that theyve got a Robin Hood scenario on their hands.

    It comes down to this: horde the money for the wealthy, or spread it around to the middle classes. Really, theres little doubt there will be losses in wealth; it all depends on who loses it.

  • Corporate execs confronted Henry Ford because they thought he was paying workers too much & shouldn't be paying for their health care because that might force some of them to have to do the same.

    Ford responded by saying that if he followed their advice, "Who'll be buying my cars?"

    A healthy middle-class made America great.

    But Bush's re-distribution policies have resulted in the top 5% now having 95% of the country's wealth.

    You usually only find that in 3rd world countries.

  • Welfare or Disability which one pays better?

    Any of you liberals out their care to help out this ex-republican?

    Also do an of you liberals know of any government program that is giving out new fishing poles?

    I have been to busy working and paying taxes, to keep up on all the hand outs!

  • I'm trying to decide if I should vote for Obama just so this generation can witness first hand how horrible radical liberalism is and what is does. The last time America learned that lesson was with Carter, and that brought on the Conservative movement under Reagan. Kids today dont understand, they werent there. So do I vote for the false-hype to teach them a political lesson or do I go with McCain. Its hard, I almost feel obligated to help these dumb voters burn themselves on the liberal stove.

  • The only people that think the nation went down the tubes because of carter are ignorant Republicans.

    Carter inherited the mess left behind by Ford and Nixon.

    It was the OPEC that created the oil crisis which lead to Carter increasing OUR oil production by almost 50% and created the DoE...which was slowly decreased by Reagan and Bush SR!

    The Economic situation was the result of Nixon/Fords failed policies yet the nation still increased at a rate of 1% a year, down from 3.2% -CONT-

  • Yet it still was a period of growth.

    Despite the Republicans failed attempts at re-writing history and making Carter look bad he is still ranked anywhere from the 19th best president in history to #34 by those crazy people called Historians and the average US citizen.

    ht://en.wikipedia. org/wiki/Historical_rankings_o­f_United_States_Presidents

  • Such hatred in the last few days of power. Even Jesus will celebrate when you hate-mongers are gone.

  • I can't believe anyone is still supporting McCain in light of his campaign's active involvement in that disgusting race-baiting hoax this week. The man is so desperate, he was actually trying to start race riots in this country by pusing this false story out to the media. That's pathetic, and so is anyone who still supports McCain.

  • "Why do you idiots in Chicago keep voting for Marxist then?"

    For the same reason you idiots keep voting for a Trotskyist...which is what leads the Neo-Cons. Reagan, Bush Sr, Bush Jr all follow a Trotskyist.

    Patriot Act, Dept of Homeland Security(A.K.A Gestapo) These are the spawn of Irving Kristol, the head of the Neo-Con party. The man awarded the highest medal our nation gives...for being an editor!

    Communism is Communism. You are one. Deal with it.

  • You found out that Chicago has the highest taxes in the nation...and you blame Obama.

    You must be a Republitard.

    Obama is a Senator. He cant just up and raise a tax in a city....moron. Besides, taxes in Cook County has been insane for over 30 years. I know, I was born and raised there.

  • nicely edited. typical mcbush supporters

  • all these posts and im still waiting for one single post by a Republitard that isnt a rehash of propaganda.

    is there anyone here with a mind of their own?

    There are plenty of things to accuse Dems of doing and so far no one has touched on them yet. Just goes to show the sad state our school system has been in all these years.

  • Spread the wealth among needy Americans through tax breaks as a opposed to keep all the wealth among the top 100 companies to piss down the drain and drag the country into further economic decline. Obama '08 oh, and there is nothing wrong with being a socialist!

  • then get the fuck out of my country socialist pile of shit

  • Yeah look at Socialist Cuba its great! Hint:(SARCASM)

    Get the fuck out of the USA of you worthless socialist shit. Hint: (NOT SARCASM)

  • the other candidates could use some of obama's campaign money. why isn't he spreading wealth around to mccain, barr, nader, mckinney, or baldwin? if it's about giving everyone a piece of the pie then why isn't he doing it himself?

    his black grandmother is destitute and his brother lives in a shack in kenya on $12 a week. why doesn't he practice what he preaches?

  • correction make that $12 a year.

  • why can´t America see the difference between a communist and a welfare state? "become a socialist nation like Sweden". Sweden is awesome! Its even legal to download and share pirated movies and music! beat that!

  • Caribou Barbie redistributes wealth, Alaskan residents get aprox $3,200 each from the taxing oil co. profits. If that's not socialism, nothing is.

  • WRONG. Thats called smart politics. Running a state is totally different than a country. Also, alaska is separated fromt the contiguous lower states and is a totally different ballgame, especially with their natural resources. You should research BEFORE you post

  • I think we should stick with the Republican third-world style distribution of wealth: continually concentrate it more and more in the hands of a few idle rich, while everyone else works more and more for less and less.

  • the bottom 40% on the socioeconomic scale will get a tax break from obama directly for the 3% increase in taxes on the "evil rich". that bottom 40% do not create new jobs. they don't import or export goods, they don't keep the economy moving, they don't even pay taxes and will get a $1000 tax cut. how is this even possible? a tax cut on taxes you don't even pay. it's welfare plain and simple.

  • I notice the satirical nature and have to laugh. Republicans are the only thing keeping the USA from becoming a third world nation under hier pelosi, the lunatic. Mccain and palin will send her a nice message and hopefully she will be impeached

  • The evening of Nov. 4th Cindy McCain will get the beating of a lifetime. That's why John isn't attending the campaign party, he will be tap dancing on Cindy's face...just like the old days....you maverick.

  • clinton's tax hikes caused recession in 1993. factories closed, US workers got laid off, mexicans flooded in, and companies left the US. the tech bubble caused by windows 95 and the internet boom is the only thing that saved us. that bubble along with the housing bubble that both parties are caused have burst. there is nothing on the horizon to replace them, no next big thing. if obama raises taxes there will be a stagflated/depressed economy, much worse than the mild recession we have today.

  • Clintons tax hikes did not cause a recession. A recession from taxes takes years to make, there is no "sudden" recession from taxes unless the increase is so high that people are losing a drastic amount in the range of 30% higher taxes.

  • it was the straw that broke the camel's back and stiffled economic growth.

  • I told my girlfriend to get in the kitchen and make me some pie. I then stated that I apologized for engaging in "rhetorical flourishes". She still hit me.

  • Is it October 5th yet? And will cameras be allowed to film Cindy having John placed in a nursing home where he belongs?

  • oct 5th was 3 weeks ago, you just get dumber by the minute eh?

  • Obama will be the greatest president in American history. McCain/Palin will be remembered as dividers and racist.

    Lets send moose jaw barbie back to the woods..

    OBAMA/BIDEN 08

  • If Obama becomes president, I WILL cling to my bible. Obama and his liberal friends will destroy America. America will reflect Hollywood morals. Oh boy.

  • "Obama and his liberal friends will destroy America."

    Obviously, as the last 2 decades years proved, liberalism is the opposite of destroying America. Go away and take your rightwing third-world ideology with you.

  • if you love saying "third world" so much, maybe you should move there.

  • No more God! I guess we're gonna be just a secular, moral, relativistic new country.