GOP attacks Obama over Bush tax cuts

Aug 18, 2012 Full story: USA Today 952

The Republicans went after President Obama again Saturday over the end-of-the-year expiration of the George W. Bush tax cuts.

Full Story
Yeah

Mililani, HI

#125 Aug 19, 2012
swampmudd wrote:
<quoted text>Countrywide was up to their asses in writing those worthless nonconforming loans. They were bundling them and selling them on Wall Street. All made possable by Republican deregulating Wall Street and the banks. What does that have to do with Fannie and Freddie?
lol! You notice these poor schmucks can only talk about Fannie and Freddie because their handlers try to tie Barney Frank to the problem. Countrywide and other banks such as Merrill, BoA and others were just as culpable but these poor clueless schmucks can't discuss those because again, their handlers don't discuss the issue.

That's why they have no clue about CDRs or even why AIG was in trouble.
Yeah

Mililani, HI

#126 Aug 19, 2012
Sorry... not CDR's but CDS'
Yeah

Mililani, HI

#127 Aug 19, 2012
Cat74 wrote:
If I remember correctly Senator Dodd had one of those Countryside loans. They funneled money to him that way.
lol! Good for him since there was no such connection with Countryside son.
Cat74

Mchenry, IL

#128 Aug 19, 2012
Go back, and check. Dodds loan was a scandal the last time he ran for office, and he was doing so poorly he decided not to make a run for it. Do you people ever read anything beside your own notes to yourself?
Yeah

Mililani, HI

#129 Aug 19, 2012
Cat74 wrote:
Go back, and check. Dodds loan was a scandal the last time he ran for office, and he was doing so poorly he decided not to make a run for it. Do you people ever read anything beside your own notes to yourself?
lol! You're such an idiot son.

You apparently do even read or know what you're talking about.
Yeah

Mililani, HI

#130 Aug 19, 2012
Correction...

"You apparently don't even read or know what you're talking about."

Since: Aug 12

Location hidden

#131 Aug 19, 2012
swampmudd wrote:
<quoted text>Libertarians are not Progressive Liberals. You would just make it too expensive for the average person to drive on the road or take a train. But I understand that Libertarians don't think that far in advance.
Oh yes, Libertarians are Progressive Liberals! We want Progress and we also want Liberty! That's want the meaning of "Progressive Liberal" is, isn't it?:-)
Yeah

Mililani, HI

#132 Aug 19, 2012
George from Athens wrote:
<quoted text>
Oh yes, Libertarians are Progressive Liberals! We want Progress and we also want Liberty! That's want the meaning of "Progressive Liberal" is, isn't it?:-)
Hmmmm... I wonder why Ron Paul is in the republican party then?

Perhaps he feels Libertarians are the black sheep of the conservative family!

Since: Aug 12

Location hidden

#134 Aug 20, 2012
Yeah wrote:
<quoted text>Hmmmm... I wonder why Ron Paul is in the republican party then?
Perhaps he feels Libertarians are the black sheep of the conservative family!
Maybe because the Republicans are more supportive of freedom and liberty than the Democrats? For example, let me remind you that it was under a Republican President (Richard Nixon) that the draft was abolished in 1973!(which had come into force under Democratic President F.D. Roosevelt). And let me also point out that Republicans tend to be less supportive of income taxes than the Democrats. Not to mention how the Republican George W. Bush - the BEST President the United States EVER had - launched the military operations that liberated the peoples of Iraq and Afghanistan!!!

George Katsaris, Athens, Greece. Progressive Liberal AND Libertarian :-)
guest

United States

#135 Aug 20, 2012
anneutral wrote:
ALL of the tax cuts should expire.
across the board, no exceptions.
Yeah, we should return to the days when this country had no individual income tax.

Let's apportion the cost of the federal government to the states based on population, then let each state determine how to pay its fair share. That method worked for over half of our country's history, and we didn't have a national debt.
guest

United States

#137 Aug 20, 2012
Makes sense wrote:
When are the Bush tax cuts going to create some jobs, in the US????
The Bush Tax cuts were implemented in 2001 and 2003 in an effort to help our economy which was rocked after the 9/11 attacks.

If you’ll look at the GDP you’ll see that the tax cuts worked. The GDP increased every year until the fall of 2007. We had 54 straight months of economic growth. Unemployment during that time never exceeded 5%.

Tax cuts always help to stimulate the economy and job growth, but they aren’t the only factor. Sadly, after Democrats gained control of Congress, their mismanagement and pitiful oversight of Fannie Mae and Freddie Mac ushered in the collapse of the housing market, which swelled to include the broader economy. The Bush Tax cuts alone weren’t enough to hold off the massive downward pressure on jobs.
Don't we need to pay for the last two wars Bush started????
Yes we do. And the total cost for both of those wars over the last 10 years is $1 trillion. Obama and the Democrats are borrowing more than that every year to pay for their socialist programs like Obamacare, Cash for Clunkers,$8000 credits to home buyers, Solyndra, Ethanol subsidies, African Penis Washing Programs, Cowboy Poetry Festivals, etc.
guest

United States

#138 Aug 20, 2012
Yeah wrote:
lol! Actually, Obama took a royal f*ck up and stabilized it.
Our economy is not stable. We're teetering on the brink of economic collapse. Democrats in Congress have doubled our national debt and devalued our currency, yet we're still very near an economic collapse.

Why? Because far left socialist policies don't work. They always end in economic collapse. The only solution is to repeal socialism and replace it with free market capitalism. Democrats refuse to do that.
Cons got their bushie tax cuts but apparently, they can't figure out how to "trickle down" the benefits to middle class Americans.
The Bush Tax cuts cut taxes for every taxpayer, and it cut them the most for the poorest taxpayers. Also, they were implemented in 2001 and 2003. Since that time, everyone realized their benefits, including the middle class.

You liberals have amnesia. You act like the Bush Tax cuts didn't help our economy. You refuse to acknowledge the huge hit the economy took as a result of the 9/11 attacks along with the recovery and 54 straight months of economic growth that came from the Bush Tax cuts.

Good thing people like me are here to drag you kicking and screaming back to reality. Now if you'll only lay off the koolaid comrade.
guest

United States

#139 Aug 20, 2012
Cat74 wrote:
If I remember correctly Senator Dodd had one of those Countryside loans. They funneled money to him that way.
You're exactly right. Chris Dodd made millions off of the scam, and rather than face the music, he retired from the Senate, riding off into the sunset with a wheel barrow full of taxpayer money.

People like Chris Dodd and Barney Franks who controlled the committees in the House and Senate that were overseeing Freddie and Fannie should be brought up on criminal charges. They used their power and influence to enrich themselves while allowing those entities to destroy the housing and financial markets.

And for the record, Dodd and Franks are Democrats.
guest

United States

#140 Aug 20, 2012
Yeah wrote:
lol! Good for him since there was no such connection with Countryside son.

You apparently do even read or know what you're talking about.
Are you a retarded liberal idiot? Of course Dodd was up to his neck in the Countrywide scandal. He was receiving preferential loans while sitting as the chairman of the Senate committee charged with oversight of Freddie and Fannie who were buying up the toxic loans being made by Countrywide to Dodd and other Democrats like Kent Conrad.

You idiots never cease to amaze me. You can’t even remember events that took place just a few years ago. Try googling Countrywide Mortagage Scandal and see how many links to Chris Dodd come up.
guest

United States

#141 Aug 20, 2012
Yeah wrote:
Hmmmm... I wonder why Ron Paul is in the republican party then?
Another example of your ignorant amnesia. Ron Paul was the Libertarian Party’s candidate for President in 1988.

Since: Nov 08

Paris

#142 Aug 20, 2012
swampmudd wrote:
<quoted text>I see when all else fails you turn to race.
Obama taught america well in that regard.

Since: Nov 08

Paris

#143 Aug 20, 2012
Yeah wrote:
<quoted text>lol! You notice these poor schmucks can only talk about Fannie and Freddie because their handlers try to tie Barney Frank to the problem. Countrywide and other banks such as Merrill, BoA and others were just as culpable but these poor clueless schmucks can't discuss those because again, their handlers don't discuss the issue.
That's why they have no clue about CDRs or even why AIG was in trouble.
You do realize it is not the lenders, but the government guarantees that sucked our cash out of the system like an Obama speech sucks the oxygen out of a crowd.........

Since: Nov 08

Paris

#144 Aug 20, 2012
Yeah wrote:
<quoted text>lol! You're such an idiot son.
You apparently do even read or know what you're talking about.

Niall Ferguson: Obama’s Gotta Go
Aug 19, 2012 1:00 AM EDT
Why does Paul Ryan scare the president so much? Because Obama has broken his promises, and it’s clear that the GOP ticket’s path to prosperity is our only hope.
I was a good loser four years ago.“In the grand scheme of history,” I wrote the day after Barack Obama’s election as president,“four decades is not an especially long time. Yet in that brief period America has gone from the assassination of Martin Luther King Jr. to the apotheosis of Barack Obama. You would not be human if you failed to acknowledge this as a cause for great rejoicing.”
Despite having been—full disclosure—an adviser to John McCain, I acknowledged his opponent’s remarkable qualities: his soaring oratory, his cool, hard-to-ruffle temperament, and his near faultless campaign organization.

Yet the question confronting the country nearly four years later is not who was the better candidate four years ago. It is whether the winner has delivered on his promises. And the sad truth is that he has not.

In his inaugural address, Obama promised “not only to create new jobs, but to lay a new foundation for growth.” He promised to “build the roads and bridges, the electric grids, and digital lines that feed our commerce and bind us together.” He promised to “restore science to its rightful place and wield technology’s wonders to raise health care’s quality and lower its cost.” And he promised to “transform our schools and colleges and universities to meet the demands of a new age.” Unfortunately the president’s scorecard on every single one of those bold pledges is pitiful.

Since: Feb 08

Hypoluxo Fl

#145 Aug 20, 2012
George from Athens wrote:
<quoted text>
Maybe because the Republicans are more supportive of freedom and liberty than the Democrats? For example, let me remind you that it was under a Republican President (Richard Nixon) that the draft was abolished in 1973!(which had come into force under Democratic President F.D. Roosevelt). And let me also point out that Republicans tend to be less supportive of income taxes than the Democrats. Not to mention how the Republican George W. Bush - the BEST President the United States EVER had - launched the military operations that liberated the peoples of Iraq and Afghanistan!!!
George Katsaris, Athens, Greece. Progressive Liberal AND Libertarian :-)
Leyt me remind you it was a Republican president that instituted the draft...
The United States first employed national conscription during the American Civil War. The vast majority of troops were volunteers; however, of the 2,100,000 Union soldiers, about 2% were draftees, and another 6% were paid substitutes.

Since: May 08

Deltona Fla

#147 Aug 20, 2012
guest wrote:
<quoted text>
Another example of your ignorant amnesia. Ron Paul was the Libertarian Party’s candidate for President in 1988.
Which means that for the last 20 years Ron Paul libertarian has run as a Republican because libertarians are basically radical Right Wing Republicans.

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