Tax the Rich, Create Jobs!

from JoeUser Forums

That was part of theme last night at the 2012 campaign speech from Obama last night.  As usual Obama used class warfare tactics and complained about tax breaks for “millionaires” while teacher are out of work.  Pure nonsense, but lets look at something the President didn’t mention last night.

A company that served as a showcase for the Obama administration’s effort to create jobs in clean technology shut down Wednesday, leaving 1,100 people out of work and taxpayers obligated for $535 million in federal loans. (Link)

Yep, taxpayers are out of over half-billion dollars for a political sham.

George Kaiser, who has in the past been labeled a major Solyndra investor as well as a Obama donor, made three visits to the White House on March 12, 2009, and one on March 13. Kaiser has denied any direct involvement in the Solyndra deal and through a statement from his foundation said he “did not participate in any discussions with the U.S. government regarding the loan.”

Read more: http://dailycaller.com/2011/09/08/solyndra-officials-made-numerous-trips-to-the-white-house-logs-show/#ixzz1XSGnYvjP

This is just one example of many of how taxpayers get the shaft for political stunts, but yet Americans not paying their “fair share” are the problem.

7,895 views 12 replies
Reply #1 from Stardock Forums Top

But I thought this is not the time to be raising taxes? BTW, did you notice how many times he said "Pas this bill, right away"?

He made some good points but did not fail to turn this speech into a "vote for me" campaign even though he said people are not currently interested in politics and that this was not him campaigning.

Reply #2 from JoeUser Forums Top

The US could save more than all the money the Rich have - by just getting rid of every program and expenditure Obama created since he was Anointed.

Elemental: Reforged
Reply #3 from JoeUser Forums Top

I though it was rich having the first lady sitting with Jeffery Immelt (GE CEO), Obama's Economic Advisor, who just sent thousands of jobs to China (http://www.washingtonpost.com/business/economy/ge-all-in-on-aviation-deal-with-china/2011/07/17/gIQAgPmTXJ_story.html) and whose company paid "zero" taxes last year (http://abcnews.go.com/Politics/general-electric-paid-federal-taxes-2010/story?id=13224558). Now what was Obama saying about "the people sending jobs oversea" and "big corporations not paying their "fair share"? Ah, I guess it's good to be friends with the "king".

When will the public open their eyes? It would be funny if the situation weren't so damn critical.

Reply #4 from JoeUser Forums Top

Quoting Nitro, reply 3
When will the public open their eyes?
End of Nitro's quote

Never.

Reply #5 from PolMach Forums Top

Quoting Dr, reply 4
Quoting Nitro Cruiser, reply 3When will the public open their eyes?

Never.
End of Dr's quote

Or when they vote for Hillary

 

Reply #6 from JoeUser Forums Top

Quoting stevendedalus, reply 5



Quoting Dr Guy,
reply 4
Quoting Nitro Cruiser, reply 3When will the public open their eyes?

Never.


Or when they vote for Hillary

 
End of stevendedalus's quote

Didn't much care for Hillary, but IMO things would have been better if she won. At least she would have surrounded herself with doers, not (so many) ideologues, academia, and theorists. The country would be in a bit better shape, instead of leaderless uncertainty.

Reply #7 from JoeUser Forums Top

Saint Obama is quite right. We need to spend much more tax money to create private sector jobs while increasing taxes on the people who create those jobs. After all, the more taxes the companies pay the more jobs they create.

 

Right?

 

Ummm, hello? Is this thing on?

Reply #8 from JoeUser Forums Top

Quoting MasonM, reply 7
After all, the more taxes the companies pay the more jobs they create.
End of MasonM's quote
And the more jobs created means more taxpayers. It's simple math, not unlike social security: take away SS checks each month, eliminates millions of jobs. 

Reply #9 from JoeUser Forums Top

 

Quoting Nitro, reply 6
The country would be in a bit better shape, instead of leaderless uncertainty.
End of Nitro's quote

Very nice concession. :beer:

Reply #10 from JoeUser Forums Top

Quoting stevendedalus, reply 8
take away SS checks each month, eliminates millions of jobs.
End of stevendedalus's quote

In the government only.  Unemployment does not create jobs (except in government).  To create jobs, you have to produce.  Government does not produce.

SS however is "supposed" to be a retirement plan.  In other words, we paid for it.  That is not how it works since DC porked it up, but that is how it is supposed to work.

Reply #11 from JoeUser Forums Top

It's not always the case that what comes in goes out in business. But SS is always circulationg. 

Reply #12 from JoeUser Forums Top

Quoting stevendedalus, reply 11
But SS is always circulationg.
End of stevendedalus's quote

In the same sense that any Madoff-like swindle has to keep the money moving to maintain appearances.  Until... it stops moving.