That is the Republican way. You’re rich because you did it on your own, right Mr. Cain? You’re so awesome, no one helped you along the way.
This type of thinking also reminds me of this quote floating around the internet now:
Whatever the solution is to the national debt crisis, I firmly believe that the solution has to be a combination of tax increases and spending cuts.
I’m not agreeing to an all out increase of income taxes, but a reversal of the tax breaks given during the Bush years, even to the middle and lower classes. If we’re all in this together, than that’s fair. Do I agree with Democrats on just reverting taxes on the wealthy? I’m not going to lie, I’d take it, but I’m not in the upper tier, so I’d take it.
After the taxes have been reverted, then we should start looking at cuts.
Compromise! You give, I give…or I give, you give. Whatever the case, someone needs to make the first move. If this leads to a national crisis, I’m thinking the president gets off looking like the hero. He’s at least trying to compromise. The GOP on the other hand, looks like they are unwilling to budge at all.
Dear US Senate and House members:
I don’t get it…all this fuss about tax extensions.
Why not just extend tax cuts to all but the rich, then add a provision for small businesses. Something like small businesses where profit > 250k means you pay more taxes. All I hear from people for tax cuts for all is that small businesses would be hurt…so why not address that issue? Just fix it so people will compromise. All this grandstanding is pointless. I just want results. Get this done.
If I were making 250k a year, I would not mind paying a little more.
Seems to me that not only would this address most of the hold up, it would also let us tackle our deficit a little. Don’t most rich shelter a majority of their income from taxes anyway…Whatever the case, can you please get this done before 2011.
Financial Freedumb & Brownie
JLP over at AllFinancialMatters.com posted this yesterday:
I’m not going to talk a lot about the election but I will say this:
I think America made a mistake last night.
If you’re wondering, he’s referring to the US election.
I haven’t back linked things in a long time, mainly because I’ve been so out of touch with blogs, but I just felt like ranting a bit. I’m not dissappointed at all, and I wanted to get a few things off my chest.
1. The whole liberal vs conservative division is very tiring. People who demonize and attack one side or another need to look at the pros of each. Just take a look at the definition of liberalism, can anyone disagree with every value important to a liberal? On the flip side, consider conservatism.
2. People who are naysayers on Obama are most likely also the Bush supporters – who maybe even voted for Bush twice! So what credibility do they have on really attacking Obama until he’s at least had a chance to serve as president.
3. Socialism is alive in America more than people realize. Welfare, Earned Income Credit, Food stamps…they are all forms of socialism. I didn’t hear people yelling and screaming about getting a “rebate check” from the government did I? Even our tax structure is designed to tax those who earn more, more.
Unlike JLP, I’m not going to be starting a political blog. Maybe if I had the time I would. This blog has been both my financial journal and my personal journal about anything. I want to keep it that way, and open to everything that happens in my life. But you should check out JLP’s political blog, AllPoliticalMatters.com. I don’t think it’s up yet.
As I listened to McCain concede I couldn’t help to wonder what if John were president instead. He is a great man. Both Obama and McCain’s speeches were amazing.
Just a friendly reminder…Even if your candidate losses, at least you can tell everyone else I told you so (in a few years)!
Obama is like Luke Skywalker, Superman, Spiderman, Batman while McCain is like Darth Vader, Lex Luther, Venom, Joker. Why?
1. “That one” remark has solidified McCain as the mean guy trying to bully Obama.
2. Accusing Obama of being a liar.
3. Supporters of McCain calling Obama a terrorist.
4. Whether it’s just filtered or not, Obama has been mainly preaching hope and positive messages while McCain is preaching fear and negativity. Evidenced by Google. Sure, it’s argueable who’s done more, but I think the general consensus is that McCain is more negative than Obama.
5. Obama is turning out to be the calm, predictable candidate while McCain is just all over the place, which is typical of the bad guy…Kind of reminds me of the Joker.
6. And finally, this mortgage buyback plan of McCain’s? It’s clearly UNFAIR to people who are responsible and have lived within their means. McCain’s decision to buy bad mortgages and refinance at the lower value of the home is absurd. How would you feel if you purchased a home, lived within your means, while the neighbor next door who purchased a home way above their means, is suddenly getting “bailed out” by the government, while you’re paying your way through.
It’s pretty obvious McCain’s campaign is all about creating fear and doubt about Obama. I just imagine McCain at his campaign headquarters on the day of the election as he concedes doing the evil laugh and grin. By the way, doesn’t McCain sort of look like Dr. Evil? Obama like Austin Powers? Meh, not so much.
Who is the real John McCain? Couldn’t find a picture with McCain holding his pinky to his mouth…sorry.
And by the way, if you want to see all the Politcal Ads from candidates in one place check this out:
OBAMA VIDEO ABOUT BETTER DAYS AHEAD…
In case you’re interested and want to see the official yes/no list for the “bailout” bill. Here’s a link to the list:
The header of the bill:
H R 3997 RECORDED VOTE 29-Sep-2008 2:07 PM
QUESTION: On Concurring in Senate Amendment With An Amendment
BILL TITLE: To amend the Internal Revenue Code of 1986 to provide earnings assistance and tax relief to members of the uniformed services, volunteer firefighters, and Peace Corps volunteers, and for other purposes
I don’t know why, but I found the Bill Title a little “vague.” I believe the real title is, “Emergency Economic Stabilization Act of 2008.”
PDF version of the bill: http://www.rules.house.gov/110/text/110_hr3997_amnd_samnd.pdf
Contact your official House representative: http://www.house.gov/writerep/
And for future contact, here’s the Senate list: http://www.senate.gov/general/contact_information/senators_cfm.cfm
Whether you are happy or not about the recent happenings, contact your representatives and let them know how you feel. It’s important for our future. House.gov seems to be down at the moment…smart move by the house don’t you think?
Are you serious??!?? They should be in there setting up camp!
And to blame Pelosi for changing your vote? That’s the stupidest thing I’ve heard. Obviously, blaming someone for changing your vote is obviously not voting on the bill rather it’s playing politics, doesn’t it?
Our political leaders need/needed to pass this plan, even though a majority of Americans don’t like it. Get ready for a bumpy rollercoaster ride. Even without the pay limitations I wanted, it still needed to be approved.