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Post by Carey Nick on Sept 12, 2008 7:52:45 GMT -5
2008 PRESIDENTIAL CANDIDATE COMPARISON TALKING POINTS ISSUE JOHN McCAIN BARAK OBAMA Favors new drilling offshore US Yes--McCain No--Obama Will appoint judges who interpret the law not make it Yes--McCain No--Obama Served in the US Armed Forces Yes--McCain No--Obama Amount of time served in the US Senate 22 YEARS--McCain 173 DAYS--Obama Will institute a socialized national health care plan No--McCain Yes--Obama Supports abortion throughout the pregnancy No--McCain Yes--Obama Would pull troops out of Iraq immediately No--McCain Yes--Obama Supports gun ownership rights Yes--McCain No--Obama Supports homosexual marriage No--McCain Yes--Obama Proposed programs will mean a huge tax increase No--McCain Yes--Obama Voted against making English the official language No--McCain Yes--Obama Voted to give Social Security benefits to illegals No--McCain Yes--Obama CAPITAL GAINS TAX MCCAIN 0% on home sales up to $500,000 per home (couples). McCain does not propose any change in existing home sales income tax. OBAMA 28% on profit from ALL home sales. (How does this affect you? If you sell your home and make a profit, you will pay 28% of your gain on taxes. If you are heading toward retirement and would like to down-size your home or move into a retirement community, 28% of the money you make from your home will go to taxes. This proposal will adversely affect the elderly who are counting on the income from their homes as part of their retirement income.) DIVIDEND TAX MCCAIN 15% (no change) OBAMA 39.6% - (How will this affect you? If you have any money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes if Obama becomes president. The experts predict that 'Higher tax rates on dividends and capital gains would crash the stock market, yet do absolutely nothing to cut the deficit.') INCOME TAX MCCAIN (no changes) Single making 30K - tax $4,500 Single making 50K - tax $12,500 Single making 75K - tax $18,750 Married making 60K- tax $9,000 Married making 75K - tax $18,750 Married making 125K - tax $31,250 OBAMA (reversion to pre-Bush tax cuts) Single making 30K - tax $8,400 Single making 50K - tax $14,000 Single making 75K - tax $23,250 Married making 60K - tax $16,800 Married making 75K - tax $21,000 Married making 125K - tax $38,750 Under Obama, your taxes could almost double! INHERITANCE TAX MCCAIN - 0% (No change, Bush repealed this tax) OBAMA Restore the inheritance tax Many families have lost businesses, farms, ranches, and homes that have been in their families for generations because they could not afford the inheritance tax. Those willing their assets to loved ones will only lose them to these taxes. NEW TAXES PROPOSED BY OBAMA New government taxes proposed on homes that are more than 2400 square feet. New gasoline taxes (as if gas weren't high enough already) New taxes on natural resources consumption (heating gas, water, electricity) New taxes on retirement accounts, and last but not least....New taxes to pay for socialized medicine so we can receive the same level of medical care as other third-world countries!!! You can verify the above at the following web sites: money.cnn.com/news/specials/election/2008/index.html www.cnn.com/ELECTION/2008/issues/issues.taxes.htmlelections.foxnews.com/?s=proposed+taxes bulletin.aarp.org/yourworld/politics/articles/mccain_obama_offer_different_visions_on_taxes.html blog.washingtonpost.com/fact-checker/candidates/barack_obama/ blog.washingtonpost.com/fact-checker/candidates/john_mccain/BTW- ARMWRESTLING!!!!! ARMWRESTLING!!!!! ARMWRESTLING!!!!! ARMWRESTLING!!!!! ARMWRESTLING!!!!!ARMWRESTLING!!!!! ARMWRESTLING!!!!!
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Post by jamesretarides on Sept 12, 2008 7:56:31 GMT -5
Carey, you forgot to put the word "armwrestling" in there somewhere. That would substantiate this thread and keep it from the doldrums of the dark limits commonly known as the Off Topic Forum. Good luck.
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Post by Carey Nick on Sept 12, 2008 8:57:38 GMT -5
Thanks James.....Fixed it
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Post by Lee Browning on Sept 12, 2008 9:00:25 GMT -5
Favors new drilling offshore US Yes--McCain No--Obama So, you think republicans are better at keeping gas prices in check? During the Clinton presidency gas prices rose from $1.06 (Jan 1993) to $1.37 (Jan 2001). This is an increase of 29%. During the Bush presidency gas rose from $1.37 (Jan 2001) to $3.66 (Sep 2008). This is an increase of 267%. Who want to give tax cuts to oil companies? McCain - YES Obama - NO McCain’s Tax Plan Gives Top Five Oil Companies $3.8 Billion A Year In Tax Breaks. According to a study conducted by the Center for American Progress, “The McCain plan would deliver approximately $170 billion a year in tax cuts to corporations, including some corporations that are very large and profitable. mccainsource.com/homefront?id=0001
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Post by Leonard Harkless on Sept 12, 2008 9:59:59 GMT -5
Favors new drilling offshore US Yes--McCain No--Obama So, you think republicans are better at keeping gas prices in check? During the Clinton presidency gas prices rose from $1.06 (Jan 1993) to $1.37 (Jan 2001). This is an increase of 29%. During the Bush presidency gas rose from $1.37 (Jan 2001) to $3.66 (Sep 2008). This is an increase of 267%. Who want to give tax cuts to oil companies? McCain - YES Obama - NO McCain’s Tax Plan Gives Top Five Oil Companies $3.8 Billion A Year In Tax Breaks. According to a study conducted by the Center for American Progress, “The McCain plan would deliver approximately $170 billion a year in tax cuts to corporations, including some corporations that are very large and profitable. mccainsource.com/homefront?id=0001Lee quit confusing the presidency with congress. Congress is at fault with our dollar and the gas problems not who ever is the President. Also lets say we do a "Win Fall" Profits tax on "Big" oil (which many Americans own stock in) do you really think that is somehow going to help you? Is congress going to give that money back to you? Is the price per gallon of gas just going to go up? Yes the price will go up, how do I know? It has been tried before and the idea failed.
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Post by John Byerley on Sept 12, 2008 10:12:04 GMT -5
Couldn't hold my tongue - good post. All of those many issues - and the rebuttal was gas prices. I work for an oil company - and just like many Americans - big corporations are taxed beyond the imagination. ( I say I work for an oil company, I'm an operator at a refinery, the little guy) At some point in recent history - making money - becoming extremely successful - became a near crime. All of a sudden it became acceptable that people who make more money should be charged a higher percentage of tax., to pay for all of the nations problems and failing issues. All of a sudden half of Americans believe that giving the same tax breaks to the wealthy - that is giving to the middle class - is completely irresponsible. There is corruption at every level - government - corporations - small businesses - and individuals. But truth be told if huge tax breaks are given to oil companies the prices will go down. We need to drill offshore - we need to gain energy independence. Gas may be expensive but compared to the rest of the world - outside of OIL PRODUCING Nations. We are very blessed to be here. No one could have predicted what the long-term effects of 9/11 would be. Expensive wars. Weakening economies worldwide. The weakening dollar. Lets not forget G. W. is the president, but Congress dictates and passes the laws - they have the most direct effect on reform, and laws that are or are not passed - it is a Democratically led Congress - I'm not pointing fingers but to say GWBUSH is the reason gas prices are so high, or even imply it - is just silly. (coincidently - under Clinton, for the majority of the time - republicans had control of the house and the senate ) It is such a complicated, multi-faceted issue - one or a dozen reasons aren't enough to explain it. Gas prices WILL go down - the spending in Iraq will go down - SOON. The dollar will increase again as our debts are paid off -the economy will revive itself. It has been happening since its institution - take a look at history. Lastly, I'll quote Hannity and Colmes the other night - Al Sharpton was on - he was complaining about gas prices and the unemployment rate saying unemployment rates were up last month. Sean Hannity reminded him that unemployment rates on average are less than that of the 60's - the 70's - the 80's - and the 90's. Al Sharpton replied, "I don't need a history lesson from you Sean Hannity, I'm talking 'bout last month." ;D Another words - Americans need to quit looking for quick fixes - individual responsibility has to come into play at some point. History is invaluable - before we start voicing uninformed and unbased opinions - why not look back at history - study the stock market trends, learn about the French Revolution, look at how socialism and communism begins. And as Jerry Springer would say, "Take care of yourselves, and each other." ;D ;D ;D Later PS ARM WRESTLING IS AWESOME
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Post by Tim "Powerhouse" Parker on Sept 12, 2008 10:18:19 GMT -5
2008 PRESIDENTIAL CANDIDATE COMPARISON TALKING POINTS ARMWRESTLING!!!!! "finally someone said it" good post btw - it is off topic post!!!
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Post by CHRISTIAN BINNIE on Sept 12, 2008 11:23:56 GMT -5
James: Love ya!.... ;D
Leonard: Right on about Congress....
Lee: look up what the price of gas was when the DEMS took control of the House AND Senate, and look at it now!........
BTW: Everyone talks about Bush's ratings, look at Congresses, it was at 7% at one time...
John: Way to go!
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Post by Elaine Blik on Sept 12, 2008 12:02:23 GMT -5
Wow! Great post, John! So much wisdom and good information coming from someone so young!
And THANK YOU, Carey for sharing that information... (now if it could just hit the mainstream media and voters!)
And I AM an ARMWRESTLER who votes!
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Post by Lee Browning on Sept 12, 2008 12:43:48 GMT -5
Lee quit confusing the presidency with congress. Congress is at fault with our dollar and the gas problems not who ever is the President. Also lets say we do a "Win Fall" Profits tax on "Big" oil (which many Americans own stock in) do you really think that is somehow going to help you? Is congress going to give that money back to you? Is the price per gallon of gas just going to go up? Yes the price will go up, how do I know? It has been tried before and the idea failed. As for a win fall tax, I never said I agreed with that. I don't believe Obama will be able to put taxes on everything that has been mentioned if he was elected. However, the budget does need to be balanced. You can't cut taxes and increase spending at the same time. The deficit and national debt is one of the factors causing the dollar to devalue. What are the things that congress has done, or not done, that has caused the dollar to devalue and gas to go up? ............................................... All of those many issues - and the rebuttal was gas prices. Just starting at the top. Also, as for companies being able to make a profit. Nothing wrong with that. However, in most industries supply and demand will determine a fair price for goods and services. But in cases, such as with electric companies, there is government oversite and regulatin. You can't exactly decide who you want to buy electricity from. Therefore there is not sufficient competition to bring about a fair market price, hence the need for regulation. If oil companies price fix instead of competing against each other it can cause gas prices to be higher than they should be. This is why people are concerned about oil companies making record profits. According to the petroleum marketers association, local service station owners get 3 to 15 cents profit per gallon of gas sold. I know of exxon mobile stations that make over 50 cents in profit per gallon (my brother is a manager with exxon mobile). That's just profit from what the station pays for it and what they sell it for. That doesn't count the profit between the refinery and the station.
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Post by John Byerley on Sept 12, 2008 13:08:44 GMT -5
Lee Browning on Today at 12:43pm "Just Starting at the Top"Since gas prices are "at the top of the list" as far as issues we are facing as Americans why not talk about that. WOW we are certainly lucky to live in this country aren't we? I said what I said about the Congress to downplay the argument that the president has something to do with the "crisis." The senate/house - and the president - at least - should be seen as having a shared responsibility over the issues of America. Checks and balances - it is what it is. However I personally don't think they have anything to do with what is going on. Here is a good article from the AP that explains very well what is going on - ---------------------------------------------------------- [glow=red,2,300]Why are gas prices rising? By JOHN WILEN Associated Press People are driving less. Gas consumption has fallen about 1 percent since late January. Yet, gas prices are on the rise. Gas has averaged more than $3 a gallon for four straight months and, more recently, has surged into record territory. Estimates of how high gas prices will go this year vary from $3.50 a gallon to $4. But virtually everyone agrees prices have higher to go before they fall. This disconnect between demand and price may seem to violate fundamental rules of economics, but gas prices are actually responding to demand of a different kind: from investors. Contrary to the views of many conspiracy theorists, gas prices aren't set by refiners or gas stations as part of a campaign to gouge consumers. Prices are a function of the open market, as manifested in the trading of futures contracts on the New York Mercantile Exchange, or Nymex. Nymex gasoline futures have been rising, following oil, despite growing supplies of both commodities. Blame the falling dollar, which has made dollar-denominated oil contracts irresistible to foreign investors and to any investors looking for a safe haven for their money during a turbulent time in the stock market. This buying by investors has pushed oil futures to a series of records in recent weeks, and the rest of the energy complex — which includes gasoline futures — has followed. Unfortunately, consumers pay for this investment frenzy in the form of higher pump prices. And despite mounting evidence that Americans are cutting back on their gasoline habit — and may cut back even more drastically as gas gets more expensive — it may be some time before prices start responding to lower demand. If it's any consolation, the companies that refine oil into gasoline — and the mostly independent gas stations that sell it — aren't making much money off the transaction. Crack spreads, a measure of the difference between the amount refiners pay for oil and what they get for selling the products they make from it, have fallen into the $5 to $7 per barrel range from $15 to $17 in mid-February, analysts say. That's down from records in the $30 range last spring. Large integrated oil companies such as Exxon Mobil Corp. and ConocoPhillips have generated record profits from the sale of oil, but those gains have been limited by falling refining margins. Contrary to popular belief, oil companies don't refine their own oil; their production units sell the oil they pump to the highest bidder, and their refining units buy the oil they refine from the least expensive source. Gas stations are lucky to make a few cents a gallon selling gas and may actually lose money on the sale when people pay at the pump with a credit card and buy nothing else. “You make a lot more money off of selling a cup of coffee today than you do off a gallon of gas,” said Scott Hartman, chief executive of Rutters Farm Stores, a York, York County company that owns 51 gas stations and convenience stores. Some gas stations have decided enough's enough. The owner of one gas station in Bushnell, Fla., has let his pumps run dry and hasn't ordered gasoline in a month. He said oil companies are charging so much money for gas that he can't make a profit selling it. [/glow] -------------------------------------------------------------- People tend to blame everything on the government when its their fellow citizens who are wrecking it for everyone else. "GEORGE BUSH IS EVIL!" No people on wall-street are evil - I apologize in advance for any arm wrestling stock brokers who I just offended - ARMWRESTLING IS AWESOME. Government inervention may end up being necessary - but then again - it probably can't and won't happen. Red Tape is also evil. I am not a top roller - or a hooker - I'm an Arm Wrestler. I'm not a Democrat or Republican - I'm an American. I vote based on the issues that I believe the President/Senate/ and House will have a direct link to solving or ignoring - and the issues that I am passionate about as a person. Not gas prices - thats just silly.
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Post by Gary Roberts on Sept 12, 2008 13:30:33 GMT -5
follow the money.... tech boom_____> to housing______> to commondities______> every thing goes up and every thing comes down, when it goes down the money transfers somewhere else... the only question is where will the money transfer to when commodiites comes down____> ******** Gary (waiting for the shoe to drop) someone is bound to chime in on how ARM TV is to blame for something in this thread Going to Colorado!! Come out and visit!!! www.rulerofthenation.com28 DAYS AND COUNTING timeanddate.com/s/x10
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Post by Lee Browning on Sept 12, 2008 14:23:43 GMT -5
It's all Gary's fault! ;D I was up in Denver a couple weeks ago for the Democratic National Convention. A couple things I went to in the area was Red Rock, which is a natural ampatheater. Also, I went by the memorial at columbine high school which isn't far from Lakewood. Both are worth seeing if you have the time. Which, I found Red Rock interesting because I live below sea level down in south Louisiana. The closest thing we have to hills down here are the levees keeping the water out.
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Post by Leonard Harkless on Sept 12, 2008 15:32:49 GMT -5
Lee quit confusing the presidency with congress. Congress is at fault with our dollar and the gas problems not who ever is the President. Also lets say we do a "Win Fall" Profits tax on "Big" oil (which many Americans own stock in) do you really think that is somehow going to help you? Is congress going to give that money back to you? Is the price per gallon of gas just going to go up? Yes the price will go up, how do I know? It has been tried before and the idea failed. As for a win fall tax, I never said I agreed with that. I don't believe Obama will be able to put taxes on everything that has been mentioned if he was elected. However, the budget does need to be balanced. You can't cut taxes and increase spending at the same time. The deficit and national debt is one of the factors causing the dollar to devalue. What are the things that congress has done, or not done, that has caused the dollar to devalue and gas to go up? ............................................... All of those many issues - and the rebuttal was gas prices. Just starting at the top. Also, as for companies being able to make a profit. Nothing wrong with that. However, in most industries supply and demand will determine a fair price for goods and services. But in cases, such as with electric companies, there is government oversite and regulatin. You can't exactly decide who you want to buy electricity from. Therefore there is not sufficient competition to bring about a fair market price, hence the need for regulation. If oil companies price fix instead of competing against each other it can cause gas prices to be higher than they should be. This is why people are concerned about oil companies making record profits. According to the petroleum marketers association, local service station owners get 3 to 15 cents profit per gallon of gas sold. I know of exxon mobile stations that make over 50 cents in profit per gallon (my brother is a manager with exxon mobile). That's just profit from what the station pays for it and what they sell it for. That doesn't count the profit between the refinery and the station. The dollars problems are many but the main ones are A. over spending and creation of National Debt. The President doesn't spend one dime. Only Congress can spend money. So that is on Congress B.Massive trade deficits which sends our dollars overseas. I believe that the biggest problem is oil and the less we drill in our country the more we have to buy overseas. We are producing less oil now than in the 70"s and not because it is not there or there is no money to be made. Taxes and regulation, again Congress.
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Post by jamesretarides on Sept 12, 2008 15:35:13 GMT -5
Armwrestling, armwrestling and more armwrestling.
On topic again.... okay proceed
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