Obama: You've Made Enough Money

Obama on Wall Street today in Quincy, IL.

• Category

  News & Politics

[glork2007]

Himself is a millionaire.... fucking hypocrite.

[09daytona]

He is such a wonderful judge of when you've made enough money, yet this illiterate just can't comprehend when he has SPENT enough of our money.

[canopeaz]

Incorrect. Communism was caused by Kings or Fascists. But Communism and Fascism are just 2 sides of the same Big-Government coin. You are correct, it was not the answer. Capitalism was the answer, and Capitalist small-Government nations have thrived, while class-warfare based Big-Government nations have been stagnant.

[chrissy lindsley]

Capitalism caused communism since the people were downtrodden by the ruling megalomaniacs - Was it the answer - no! but it was a reaction by the people to the cause of their misert

[canopeaz]

Can't believe he got re-elected. Have people forgotten how his sort of thinking lead to poverty in the Soviet Union, and its ultimate collapse? How that sort of thinking leads to financial collapse in Greece? Is making policy based on jealousy of your neighbor's success really that entrenched?

[Shawn Anderson]

I don't know whether to like or dislike like this video. I dislike Obama, but like that btdome pointed it out. 

[Muzzy337]

HEY OBAMA- FUCK YOU. YOU ARE NOT THE ONE TO SAY TO ANYONE HOW MUCH THEY CAN MAKE. GO FUCK YOURSELF.

HOW MUCH HAVE YOU MADE, YOU FUCKING HYPOCRITE.

[gywkwakwa]

Under Bush the average federal deficit was 19.6% of GDP, under Obama to date the average deficit has been 24.1%. The highest debt to GDP ratio since World War II.

Ryan's plan calls for cutting spending back to 2008 levels, a reduction of 4.5%, which would be significant to start. The primary reason spending increases is because government grows, cut that back and spending decreases; i.e. reduce size and scope of Dep. of Ed, Energy and the EPA. return those functions back to the States.

[gywkwakwa]

I did not intend equate it to an "income cap". I was trying to illustrate the confiscatory nature of Obama's (our) tax policy, and the punitive stance it takes towards any daring to be successful. Those are the very attitudes that promote mediocrity.

I did on occasion allude to socialistic qualities, and continue to caution. No entity could implement socialism in the U.S. in one feel swoop, but to think they could not inch their way into it is naive. I return your sentiment on civility as well.

[plop262]

Yes, that was what I was talking about. The kind of cutting that allows the Ryan plan to achieve those projections are simply not within the realm of possibility. We're also talking trillions, not billions. 43.5 is a drop in the bucket, orders of magnitudes away from being significant.

To put in perspective, current discretionary spending is at about $1.7 trillion. As a percentage of GDP, the Ryan plan requires that to be cut in half by 2023.

[gywkwakwa]

If you multiply that 100 million by 435 it is a much bigger drop (43.5 Billion).

A direct quote from Ryan's plan; "Under this budget, government spending will fall from its current elevated level of 24 percent of the economy to below 20 percent by 2015." (pg 83). Ryan's plan also contains remedies to repair Social Security and Medicare to ensure it's continued existence. Ryan proposes Reconciliation

cuts equaling 281 Million just from Congress. (See pg 87). Dems only want to spend...

[plop262]

Unless you're advocating 0% taxes, I'm not sure what the issue is here. I can respect you not favoring a 3% tax increase on a certain income bracket, but to portray that as a hard income *cap* is just plain wrong, on every level. But tax rate adjustments, those discussions are valid and happen all the time. So to portray it as something else entirely, is wrong.

I would like to metaphorically shake your hand, however, for a good, quality, and very civil discussion. Bravo, sir :)