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Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market

 
Revelator Stargate
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08/11/2012 02:56 AM

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Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
So for all those that say Obama wants to destroy the economy, or Obama's socialist programs and ideology are hurting the economy, then why is it that the stock market has gone from 6400 points to now at a record 5 year high of 13,200 points? Just a straight and honest question.

If Obama was/is so bad, wouldn't the stock market be at 4000 points now? I understand the reason for this silly stock market rise is because the Fed and helicopter Ben who works for Obama keeps printing more and more money. Inflation is still ok, along with other variables in check, but the debt keeps on rising because of it.

So the rich keep getting richer and the middle class and the poor continue to get shafted is the way I see it. Although, I do see the money trickle down effect helping the middle class a little bit more, but still, all the big CEOs and upper management has profited tremendously since Obama has been in office. It is funny that most of Silicon Valley, with all of the corporate elite rich, are mostly Democrats. You would think they would be Republicans because they want to pay lower taxes or whatever, but hell, all of these big companies are getting away with corporate loop holes and the likes of Apple, Cisco Systems, GE and other big names don't have to pay a single dime in corporate taxes because they have off shore bank accounts.

So have these corporate companies making record profits now hired a lot more people? Doesn't seem to be the case really.

So it looks like the problem lies in the corporate greed hurting the economy more so than anything Obama has to do with it.

Last Edited by Revelator Stargate on 08/11/2012 01:17 PM
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Saratonin

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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Where do you think all the trillion in bailouts went to?

Our roads sure as hell didn't get any better.
My Blog - [link to blog.emergencyoutdoors.com]
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Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Where do you think all the trillion in bailouts went to?

Our roads sure as hell didn't get any better.
 Quoting: Saratonin


It saved the auto industry and the rest of the money went to pumping up the stock market. The most logical way to get the economy moving again. You got to do it some way, and there is no way around doing it without having the debt go up, or way up! Just keep printing more and money money and somehow keeping inflation in check and that is what the government has done.
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Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
So you see, Republicans and Democrats, BOTH, won't do a damn thing with this whole issue of these big companies not paying their fair share of corporate taxes because they control these parties. They are the ones with the money, the lobbyist money.

I think generally this would help solve a lot of the debt problems. Lets have these companies pay their fair share instead of hiding it and not paying a dime. And the Democrats are raising their arms about Romney not showing his tax returns? LOL
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MaryAlananB

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08/11/2012 03:14 AM
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Because the stock market is rigged, the big banks have huge short positions that they can use to manipulate stock prices. Same for the gold and silver markets.
Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Because the stock market is rigged, the big banks have huge short positions that they can use to manipulate stock prices. Same for the gold and silver markets.
 Quoting: MaryAlananB


Yeah its rigged, and Obama, helicopter Ben and company have helped rig it to its fullest extent. Don't you get that?

You realize right that the day Obama stepped into the office the stock market has pretty much been going straight up with all of the QE pumping? So the corporate elites should be thrilled with Obama and company. Obama's policies haven't hurt them really now has it?

Last Edited by Revelator Stargate on 08/11/2012 03:17 AM
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Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
“A dirty little secret,” Richard Clarida, a Columbia University economist and former official in the Treasury Department under President George W. Bush, has said, “is that the corporate income tax used to raise a fair amount of revenue.”

Over the last five years, on the other hand, Boeing paid a total tax rate of just 4.5 percent, according to Capital IQ. Southwest Airlines paid 6.3 percent. And the list goes on: Yahoo paid 7 percent; Prudential Financial, 7.6 percent; General Electric, 14.3 percent.

Economists have long pleaded for an overhaul of the corporate tax code, and both President Obama and Republicans now say they favor one, too. But it won’t be easy. Companies that use loopholes to avoid taxes don’t mind the current system, of course, and they have more than a few lobbyists at their disposal."

[link to www.nytimes.com]

It doesn't take a genius to figure this out and to see where the real problem lies. Have you heard Ron Paul talk about any of this? Not that I recall! Have you heard any real politician for both Democrats or Republicans make a strong stance for this? Not that I recall. LOL

These big companies should pay their fair share in taxes, because most of them haven't really hired that many more people since the downtown anyway. Pathetic! This will help solve the deficit greatly if they pay their fair share, but oh, its the dirty little secret nobody wants to talk about.

Last Edited by Revelator Stargate on 08/11/2012 03:23 AM
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Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Yeah Obama has been really bad for the economy and the corporate elite rich.

norespect

Obama Has Been The Best President For The Stock Market Since Eisenhower

[link to www.businessinsider.com]
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Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
It is funny. Nevada has the worst unemployment of all 50 states

[link to www.bls.gov]

And Obama is 5 points ahead in polls now.

[link to elections.huffingtonpost.com]

You would think Romney would be 20 points ahead right??

Obama wins again!

REPUBLICANS = FAIL!
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Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
So show me proof how Obama is a socialist or a supposed communist because I don't see much proof when the stock market is almost at an all time high, corporate profits are at all time highs, and the rich keep getting richer while the middle class gets more shafted. And more CEOs and board of directors are making like 500% more salary than their average worker.

It is almost the complete opposite of socialism right? An Obama is a socialist? LOL
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08/11/2012 12:49 PM
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Barrak Hussein Obama is a Kenyan Marxist riding dirty on us.
Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Barrak Hussein Obama is a Kenyan Marxist riding dirty on us.
 Quoting: Anonymous Coward 17826051


Now a Marxist huh? Show me prove or some example what he has done, something Marxist, Communist, Socialist for the economy. Because 4 years in and I don't see a damn thing. All I see is the middle class worker getting more fucked while the corporate elitist make more money (getting more rich) off of the middle class backs. Explain that to me heh?

I would have so much more respect for Obama if he told companies where CEOs are making 250-500% more than the average worker in salary that we are caping your salary at 75-100% to your average worker and that money should be given back to the company to help your workers more instead of lining your greedy pockets. But that will never happen because Obama (Democrats) and Romney (Republicans) are controlled by this greedy capitalist money. It is that simple.

Or how about telling these companies like Apple, Cisco, GE, etc. etc. etc. that pay no corporate taxes that if you want to play that tax loop hole game with the government than you bring jobs back here at home! But of course that will never happen.

Last Edited by Revelator Stargate on 08/11/2012 01:03 PM
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Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Another riddle:

If Republicans Are So Great For Business, Why Does Silicon Valley Vote For Democrats?

Read more: [link to articles.businessinsider.com]
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
tHEY CAN'T GIVE YOU AN EXAMPLE. It is so far from the truth as to be unimaginable but the stupid need stupid so they use terms that sound hot like marxist and riding dirty. it works for them, its easier than studying.
What really upsets me is these are the same people who brought total ruin to our country with W and they simply want us to forget about it and they want someone twice as greedy in the Whitehouse.Well they are not getting another chance to eviscerate us. We are keeping the change.
Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
tHEY CAN'T GIVE YOU AN EXAMPLE. It is so far from the truth as to be unimaginable but the stupid need stupid so they use terms that sound hot like marxist and riding dirty. it works for them, its easier than studying.
What really upsets me is these are the same people who brought total ruin to our country with W and they simply want us to forget about it and they want someone twice as greedy in the Whitehouse.Well they are not getting another chance to eviscerate us. We are keeping the change.
 Quoting: Anonymous Coward 1053923


Exactly. They can't give you an example. Obama has been the total opposite of a Socialist or Marxist. Even his Obamacare is going to fuck over the middle class worker even more while helping the rich and the corporate elite at these companies. They will make more profit because of it.

What caused the stock market collapse in 2000? Greedy unregulated capitalism!

What caused the stock market collapse in 2008? Greedy unregulated capitalism!

And we are now experiencing the bubble all over again with this historic 4 year stock market rise and the rich getting more rich off of the middle class backs.

And Obama hasn't done a damn thing to help reign in greedy unregulated capitalism. It has pretty much gotten worse!
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Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
CORPORATE PROFITS ARE AT AN ALL-TIME HIGH | The Business Insider notes that, at the same time that corporate profits are at an all-time high as a percentage of the economy, wages are at an all-time low.

[link to thinkprogress.org]

Last Edited by Revelator Stargate on 08/11/2012 01:27 PM
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
I think the answer is that the stock market isn't tied to any reality. It is just that a lot of people have a lot of money they have saved up for retirement and they have to put the money somewhere and many put it into stocks.

But unemployment is way up, productivity is way down and the stock market will collapse when Obama finishes his collapse of the economy.
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
More firms enjoy tax free status

[link to pro-bono.taxation-business.com]

And Obama is a socialist Marxist who wants to destroy business growth and the economy? LOL

Just looks like the middle class gets hurt even more along with the small Mom and Pop businesses who can't take advantage of the big tax corporate loop holes like the big elitist companies who pay off the politicians can.
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Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
I think the answer is that the stock market isn't tied to any reality. It is just that a lot of people have a lot of money they have saved up for retirement and they have to put the money somewhere and many put it into stocks.

But unemployment is way up, productivity is way down and the stock market will collapse when Obama finishes his collapse of the economy.
 Quoting: Anonymous Coward 842983


It's all rigged with computer generated programs, likely set up and developed by the Fed and helicopter Ben to inject the QE money fast into the stock market. The stock market is NOT controlled by the average you and me investor anymore. If you think it is, you are delusional.

Productivity isn't way down. It is way up!

And just explain to me how Nevada who has the highest unemployment rate of any state is going to likely vote for Obama in this election? You would think that Romney would be 20 points ahead in that state right?

Or how about California being 15 points ahead for Romney since unemployment is over 10% there. It is not. Obama is way ahead.

Or why is it the Silicon Valley with most of the top companies in the US are more Democrats than Republicans?

Why is it with the states with the highest unemployment rate going to vote for Obama while the states with the lowest unemployment rate going to vote for Republican?

Last Edited by Revelator Stargate on 08/11/2012 01:46 PM
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
riddle me this? such a deep vocabulary were all so impressed!.
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
riddle me this? such a deep vocabulary were all so impressed!.
 Quoting: Anonymous Coward 20514729


Riddle me this. Where is your answer?

How is Obama a socialist when the rich have gotten richer and the middle class has gotten more hurt under his watch? I don't get it.

Shouldn't he take some of that greedy capitalist money and give some back to the common worker and the middle class?

Real wages for the common worker are going down, while CEOs, and their board of director buddies are going up.

Three things he (Obama) could do but he won't since he is controlled by these corporate elitist companies, like GE, United Healthcare, Apple, etc.

1) Tell the CEOs, that their corporate salaries will be capped at between 100%-200% of the average salary worker at the company. This was more in tune with the way it was 15-20 years ago. It has progressively gotten worse, even under Obama's term.

CEO pay is 380 times average worker's - AFL-CIO

[link to money.cnn.com]

[link to www.huffingtonpost.com]

2) No more corporate parachutes giving failed CEOs or corporate higher upps millions of dollars to leave. PERIOD!

3) If you want to play the game of paying 0%-5% corporate taxes like Apple, Cisco, GE, and a whole hell of a lot other companies do, then bring back jobs here to the U.S. or raise their employes real wages. PERIOD!

And there is a whole host of things Obama could do to help the middle class and small to medium size business but he hasn't. He has just pondered to the corporate elite companies, Wall Street, the big banks.

And Romney would be no different. You tell me how, and I would listen.

Last Edited by Revelator Stargate on 08/11/2012 03:59 PM
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
A very interesting article about big business turning on Obama.

Big Business Turns on Obama

[link to www.usnews.com]

Romney is one of them. Which means less regulation, less taxes for them, but not necessarily more competition.

Very interesting how the tide is turning on Obama with these corporate elite multinational corporations throwing their support to Romney.

Last Edited by Revelator Stargate on 08/11/2012 08:00 PM
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Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Basics: Real Wages Remain Below Their Peak for 39th Straight Year

[link to middleclasspoliticaleconomist.blogspot.com]

So the average worker is getting more squeezed while CEOs, and the upper management in these big companies and multinationals are making even more money with bonuses, stock options, and giving themselves higher salaries.

And this has happened under the Obama administration as well. If Obama was such a socialists, marxist, communist, wouldn't this not happen???

Wouldn't there be some more equal and fair corporate socialism?

Last Edited by Revelator Stargate on 08/14/2012 04:37 PM
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Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Written back in 2004, and nothing has changed now, actually it has only gotten worse!

Wages in America:
The Rich Get Richer and the Rest Get Less


[link to www.kyklosproductions.com]

Both political parties ponder to these big businesses and the rich corporate elites and sell out to them. Why? Because that is the only way they can get into power. Sickening!
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Your problem is that your trying to relate the economy with the stockmarket.

The stock market no longer reflects the economy. The big money that drove the market up did so based on the bailouts and quanatative easing, twist, ect.
Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Your problem is that your trying to relate the economy with the stockmarket.

The stock market no longer reflects the economy. The big money that drove the market up did so based on the bailouts and quanatative easing, twist, ect.
 Quoting: Anonymous Coward 554016



Um I think I pretty much said that if you read a little more closely above!

And yes it does reflect part of the economy. Corporate profits are at an all time high, and the rich are getting richer.

What you are not realizing is that the middle class worker, the average family keeps getting more squeezed on the backs of who?
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Revelator Stargate (OP)
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08/14/2012 06:12 PM

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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
It is pretty funny, Ryan voted for TARRP and the bail outs. One of the main reasons of the increasing federal deficit. and I am sure he is all for Fed qualitative easing. The main cause of the historic rise of the deficit under the Obama administration. So he votes to drastically increase the deficit, yet he comes out with this budget plan of his a few years after? ha!

Paul Ryan's Tea Party Problem: Voted for Bailouts (Before He Was Against It)

"Say again? Oh, you thought Ryan had a reputation as the philosophically principled budget-hawk. A Tea Party darling. A conservative golden boy. A Republican rising star. The party's moral compass. The Wall Street Journal editorial board believes he "represents the GOP's new generation of reformers.

But, Ryan's voting record doesn't match his lofty conservative rhetoric. He's a big government hypocrite that has repeatedly turned his back on the principles of the Tea Party movement.

Conservative columnist Michelle Malkin, who is well-respected by Tea Party groups for her commitment to limited government and free markets, has detailed Ryan's hypocrisy.
"In addition to voting for TARP, GOP Rep. Ryan -- billed as a Republican rising star- voted for the auto bailout and the AIG 90 percent confiscatory bonus tax," Malkin wrote. "Crikey. How many strikes do "Republican rising stars" get?"

[link to www.huffingtonpost.com]

Oh the hypocrisy. LOL
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Revelator Stargate (OP)
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
10 Biggest U.S. Corporations Paid 9 Percent Tax Rate in 2011

Read more: [link to www.care2.com]

And these companies give a ton of money to these campaigns, which ever one will most help benefit them.
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Another riddle. If Obama is such a marxist, socialist, communist, than why does Obamacare help benefit large corporations and multinational companies while fucking over the middle class and small businesses? It only benefits the corporate elite and the rich.

OBAMACARE: SEVEN NEW TAXES ON CITIZENS EARNING LESS THAN $250,000

[link to www.breitbart.com]

There is a reason why many health insurance companies like United Healthcare lobbied heavy for this. LOL
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Here is what a fellow GLP member "Bear Ridge Trading Post" said in a previous thread that is spot on about Obamacare:

"ObamaCare is not Universal Health Care. All ObamaCare does is force all Americans to purchase private health insurance. So it is going to be a huge boon to health insurance companies.

ObamaCare was nothing but a big love gift to the insurance industry which gave tons on money for Obama's campaign. It doesn't fix any of the problems with the overpriced health care in the United States is just forces every American to buy private health insurance, of with the companies can take up to 20% for profits and overhead. So your premiums are always going to go up to maintain corporate profits. Only 80% of every dollar Americans are being forced to pay for health insurance actually go to health care. We are being fucked over big time for health insurance profits.

If you don't buy the health insurance you pay an ever escalating penalty. If you don't pay the penalty you go to prison.

Welcome to fascism in America!"

So true. Right on Bear Ridge Trading Post. At least there are some people with a freaking brain and understand the logic behind this.

Obamacare does nothing to help health care in this society. All it does is profit the greedy corrupt health insurance companies and also is a big love gift to big businesses since they will drop paying for insurance of their employees and pay the $2000 penalty per employee not paying it. Thus, it saves them money.

Obamacare is big tax to the middle class and doesn't little to freaking nothing to lower costs and improve health insurance.

It is the biggest crock of shit going and most dopes don't even realize that it just helps the corporate elite rich and hurts the average worker.


Last Edited by Revelator Stargate on 08/16/2012 06:26 PM
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Re: Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
Where do you think all the trillion in bailouts went to?

Our roads sure as hell didn't get any better.
 Quoting: Saratonin


It saved the auto industry and the rest of the money went to pumping up the stock market. The most logical way to get the economy moving again. You got to do it some way, and there is no way around doing it without having the debt go up, or way up! Just keep printing more and money money and somehow keeping inflation in check and that is what the government has done.
 Quoting: Revelator Stargate


Saved the auto industry? First of all, Ford didnt take any money. Second, they cant give eletric cars away because nobody wants them. Third, GM still owes the Government 27 billion dollars and last quarter was a poor showing. All that money went to unions and to help the unions get more control over GM.

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