Tonight speech...Will Obama speak about the enormous increases in taxes tonight?

Discussion in 'Politics' started by skookerasbil, Jun 15, 2010.

  1. skookerasbil
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    skookerasbil Gold Member

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    Obama to Call for Broad Energy Action - WSJ.com


    Kinda curious tonight if we are going to see Obama be frank ( transparency??) with the American people about how passage of a Cap and Trade bill will whallop Americans with higher gasoline costs and gigantic increases in the cost of electricity??? Too........will be interesting to see if he balances talk of adding 600,000 green jobs by being straight about 2.3 million jobs being lost if Cap and Trade passes!!


    My radar will be up!!!!:lol:
     
  2. skookerasbil
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    skookerasbil Gold Member

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  3. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Taxes are lower than they were under BOOOOOOSH
     
  4. skookerasbil
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    skookerasbil Gold Member

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    [​IMG]
     
  5. Jeremy
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    Jeremy TRANSFER!!!

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    I'll be playing the "Blame-the-Right" drinking game. One shot for everytime he passes the buck. (Two when he uses the word "inherited".)
     
  6. Jeremy
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    Jeremy TRANSFER!!!

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    After his first couple speeches we had to switch from Jag to Pucker... we kept missing the end of the speeches... and work the next day. God it was brutal.
     
  7. skookerasbil
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    skookerasbil Gold Member

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    2011 FTL s0n...........................fAiL


    From MSNBC today........................


    Take Some Profits, Before the Tax Man Takes ‘Em
    Published: Monday, 14 Jun 2010 | 3:22 PM ET Text Size By: Larry Kudlow


    Stocks are up strong across-the-board with renewed hopes of global growth fueling a roughly 1 percent gain in all three indices.

    Of course, today’s move to the upside follows last week’s strong equity performance.

    So here’s what I think, folks: This is as good a time as any for investors to think long and hard about taking some profits off the table.

    Why, you ask?

    As my old friend Art Laffer continually reminds us, the Tax Man is coming to town on January 1, 2011. Taxes are going up across-the-board. So investors should seriously consider selling into any stock market strength ahead of the tax deadline. Doing this will enable investors to lock in a lower capital-gains tax this year and beat next year’s higher rates.

    It’s a lesson investors literally cannot afford to forget: If after-tax investment returns decline, because the key capital-gains tax rate and other investment taxes go up, the future value of stocks is damaged.

    In other worrisome news, despite some improvement in consumer sentiment, U.S retail sales fell on Friday for the first time in eight months. That was something of a shocker.


    News Headlines
     
  8. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    From the left I'm expecting a Kennedy-esk reaction.. ah.. a trip to the moon..the greatest speech ever.. the shivering leg reaction..the American people are inspired.. forgetting of course that Kennedy cut taxes..
     
  9. skookerasbil
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    skookerasbil Gold Member

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    MASSIVE taxes coming in 2011...................Cap and Trade just a part of ot..........so that 2K figure is only a % of how fcukking awesome taxes will hit all of us...............


    Lots of Tax Hikes Coming in 2011 - Kiplinger
     
  10. skookerasbil
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    skookerasbil Gold Member

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    LMBO...............very astute bro.................:clap2:
     

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