Comments on: Obama Brian Freeze

By: Ecommerce Software

Ecommerce Software — Tue, 24 Jan 2012 15:13:22 +0000

vow good information provided……keep updating

By: Bob Sadinsky

Bob Sadinsky — Wed, 27 Jan 2010 18:01:37 +0000

I am no expert at reading the budget. When you consider that we fight the wars with spending that is off the books, that many fortune 500 companies find ways to not only pay no taxes but actually get rebates because there is only a minimum tax on people not,corporations ;it's no wonder we have a deficeit.
How many trillions has the Bush tax cuts deprived the Treasury by now,yet they continue. The share of US treasury revenue from corporate taxes when Ike was in was above 30%.
Now I think it's less then 20% Did these tax cuts for the corporations result in more jobs? NO!!! It results in huge pay for the executives.. a 5th grader could balance and probably pay down our debt but the corporate press has us convinced that it's hard or impossible to do.
1, Make corporations pay the same rates they did under Ike.

2. Stop the ridiculous subsidies to the fossil fuel community{like they can't afford it and no one would look for oil anymore if you did} And stop the farm subsidies that are handouts to big Agra.

3.Stop the Wars and bring the troops home. Reduce our troop and base presence in the world. We have a staggering number of bases and troops all over.

4. Stop the madness of spending on Defense and Homeland Security. Most of it is a waste. A lone gunmen ,a carful of terrorists with a book of matches or a stick of dynamite is a real threat that our expensive military hardware is useless against. In fact,with the fall of the USSR,what is it for? How many thousands of homes in the California deltas that are already crumbling from our lack of maintenance could a carfull of terrorists take out with just low level explosives,or nationwide; the electric grid,major bridges,fuel depots and chemical sites. How much havoc could they cause with a pack of matches in California in fire season? Remember the panic the pair of asassins caused about 6-7 years ago on the East coast.? They were caught because they boasted about it on line. I'm not sayig that there is no terrorist threat. I am saying that it has been overblown and that the systems and super weapons we have are incapable of protecting us. So,why are we spending so much so unwisely? Why have we been made to surrender our Rights and Liberties when the threat is so overblown?

5. Restore the tax stream that the Bush tax cuts took away from the Treasury Revenues
and put in the inheritance tax for the super wealthy.

6. Take the limit on payroll taxes off. Is there a more regressive tax anywhere? We get taxed up to about $100,000 and then those that make more then that don't have to pay anymore. We have to listen to endless drivel from the right that Social Security has to be cut back and that it's an unfair tax on young workers! How about having the over $100,000 a year people pay the tax on their whole salary,including stock options. The shortage or crises may be real but the solution is simple. Justy extend the tax. It's as contrived as California's revenue problem. They limited there property tax abilities and then they end up with deficiets and the feds have to help them. Why can't they get rid of their proposition 2,I think it was.

Do a few of these and and not only would there be money for all,but it would probably pay off the Debt,too. A 5th grader could do this. But,it is not going to happen.

By: Bob Sadinsky

Bob Sadinsky — Wed, 27 Jan 2010 12:01:37 +0000

By: Barr Jozwicki

Barr Jozwicki — Tue, 26 Jan 2010 17:29:02 +0000

Doggie's mom is right.

Obama will probably not live up to togh stand taken at press conference against shadow banks.

I've invested in ROM - An ETF that does 2X what US technology does.

Barr

By: Doggie's Mom

Doggie's Mom — Tue, 26 Jan 2010 15:48:35 +0000

Paul Krugman Just threw in the towel on Obama and called him a Herbert Hoover Republican. "He's betrayed just about everything Obama supporters thought they were working for."

http://krugman.blogs.nytimes.com/2010/01/26/oba...

Barr, do you think we should invest now, because Obama will do nothing about banks? Might as well catch the oversold bounce higher.

Doggie's Mom

By: jab

jab — Tue, 26 Jan 2010 14:24:48 +0000

Bob you're right not to trust the chart. Far bigger military appropriations than DOE are hidden. Both Afghan & Iraq wars are su[lamental and therefore not included.

Defense budget is probably close to 25% not 21%

JAB