Posted on 07/29/2008 8:05:52 AM PDT by djsherin
What if I told you that a prominent global political figure in recent months has proposed: abrogating key features of his government's contracts with energy companies; unilaterally renegotiating his country's international economic treaties; dramatically raising marginal tax rates on the "rich" to levels not seen in his country in three decades (which would make them among the highest in the world); and changing his country's social insurance system into explicit welfare by severing the link between taxes and benefits?
The first name that came to mind would probably not be Barack Obama, possibly our nation's next president. Yet despite his obvious general intelligence, and uplifting and motivational eloquence, Sen. Obama reveals this startling economic illiteracy in his policy proposals and economic pronouncements. From the property rights and rule of (contract) law foundations of a successful market economy to the specifics of tax, spending, energy, regulatory and trade policy, if the proposals espoused by candidate Obama ever became law, the American economy would suffer a serious setback.
(Excerpt) Read more at online.wsj.com ...
Recession? Shiite! We’ll be lucky if it is only a recession.
Bump for later
I have yet to see objective evidence of either.
And I don't say that because he's liberal....I say that because I've seen and heard him.
Remember, facts do not matter to Marxist-Communists.
Uhhhhbamuuuuuh’s gonna make Jimmmuuuhhhh look like a piker!!!!
Recession? That’s probably the best-case scenario. IMO, Obama’s tax policies, combined with out-of-contol spending proposals, would likely push an already struggling US economy over the cliff and into a full scale collapse.
McConomics is a recipe for recession and another Democrat win in 4 years. Obamanomics is a recipe for recession and a conservative win in 4 years. Pick your Democrat.
not everyone can work the teleprompter like Obama.
There, fixed it.
first, you need a conservative that can run.
With $43 Billion in Bush tax cuts expected to expire in the next 2 years and the Obamessiah promising trillions in NEW taxes, A recession would be an improvement. The depression he and the libs will push us into will make the Dression of '29 look like a rainy Sunday picnic.
How so? Keeping taxes low, lowering corporate taxes sound to me like a plan.
Exactly, without Carter there would not have been Reagan. The exponentially worse Obama administration may lead to a watershed moment.
Exactly, without Carter there would not have been Reagan. The exponentially worse Obama administration may lead to a watershed moment.
To bring the patient on the edge of death in order to 'scare' him into living a better lifestyle? I'm a small business owner and primarily do business with other small businesses. The prospect of President Obama who gets four years to screw things up (at least two of which he'll have a Dem congress to help him along) is beyond frightning from an economic prespective.
JP
Look at the bright side. If there is a depression a lot of illegals will repatriate themselves willingly.
...or increase the crime statistics
You mean his approval rating would be less than Bush’s? Woe is us.
Yep. A lot of us may join them. Being an illegal in a third world paradise like Mexico may be a lot better than surviving an Obama presidency here.
The more I learn about him, the more I am convinced that, at the very least, he IS the Manchurian candidate.
(We don't even need the birth certificate, experience, marxist social policies, does he love America, anti-troops, poor foreign policy and naivety arguments)
Q: What do Obama and Osama have in common?
A: They both have friends who have bombed the Pentagon.
Just be thankful this Carter-like clown displaced Hitlery. You can't win all the time.
I'm voting anti-Obama via McCain but I don't care any more which way it goes. On some points it's better to have Obama in there to take the hits. While he'll invite more terrorism he's a pacifist and will avoid getting into a pointless Democrat war.
I don't think that will be much of an impediment to him. Obama is at a point where he believes his own press and that he is infallible. Look at his Obama seal and the logo on his aircraft. This turkey has drunk his own kool-aid and believes that he has all the answers.
Like too many despots who have preceeded him, I believe that the Obamessiah will not be intimidated by the lights shining on his every move, I think he will relish it and take it as a cue that he has to do something. Remember, the DBM has elevated him to rock superstar status and he has bought into it. This guy is a train wreck waiting to happen, the likes of which we have never seen before.
Disclosure: I'm lower middle class and my federal taxes last year were less than $800, but I understand this.
So accurately put....the choice seems to be McCononomics or Obamanomics....and yes w the latter the chances of getting a conservative GOP candidate 4 years from now would be better
You did not hear about McCain’s plan to raise taxes to fund Socialist Insecurity, did you? McCain is really Obama-lite
Again, your perspicacity is overwhelming. You are exactly correct. That is what is done in bypass surgery. The patient is brought to the edge of death. Without which there could be no saving of his life. The same is true for many addictions. This addiction to socialism will not be cured without extreme pain and destruction even to the point of death.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.