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Obama trying to go after the big corporations with taxes

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  • #21
    Originally posted by Breakbeat View Post
    When the big corporations and rich elites take their money outside the states they aren't helping the economy.........just themselves!

    I agree about the bolded part but there are rules to the bailout..........they are on borrowed time!

    If they don't change they are dead..........but that's not really possible.........they're dinosaurs!

    Yes, when wealthy businessman and CEOs store their money outside of the U.S., in places that don't report to the IRS, they are causing a leakage in the economy, but Obama raising taxes on them is going to encourage even more people to store their money outside of U.S. to avoid paying too much taxes.

    Here's a rule for you. The bailout comes with strings attached. This is how it works; the government tells the company that they will give them an X amount of sum, but in order to get the money, this and that has to be changed. Either take the money and let the government tell you what to do, or don't take the money and go bankrupt. That's perhaps one reason why Obama gets to choose a CEO for a private company.

    This is why I don't like the bailout and I don't like Obama.

    The bottom line is, government is giving failing companies millions and millions of dollars and increasing our national debt, and than it gets involved in the market and tells those companies how to run their business. And still there are people saying that Obama is not a socialist... come on!

    Comment


    • #22
      Originally posted by Garo View Post
      Yes, when wealthy businessman and CEOs store their money outside of the U.S., in places that don't report to the IRS, they are causing a leakage in the economy, but Obama raising taxes on them is going to encourage even more people to store their money outside of U.S. to avoid paying too much taxes.

      Here's a rule for you. The bailout comes with strings attached. This is how it works; the government tells the company that they will give them an X amount of sum, but in order to get the money, this and that has to be changed. Either take the money and let the government tell you what to do, or don't take the money and go bankrupt. That's perhaps one reason why Obama gets to choose a CEO for a private company.

      This is why I don't like the bailout and I don't like Obama.

      The bottom line is, government is giving failing companies millions and millions of dollars and increasing our national debt, and than it gets involved in the market and tells those companies how to run their business. And still there are people saying that Obama is not a socialist... come on!



      Well they had their choice.............they asked for the money, what do they expect?

      Comment


      • #23
        Just thought I would update you fellas. The government has already forgave a majority of the bailout money. In exchange for 50% stock interest. Remember how the bailout was going to be an investment for the American Taxpayer. We we just bought the farm so to speak. GM will go bankrupt, everyone's known it for almost a year now, but Obama just bought time for his union buddies.

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        • #24
          Originally posted by Breakbeat View Post
          You've heard of offshore tax havens?

          Taxes that could be paid to your country that are squirreled away and have no benefit to the economy............
          then maybe they should lower taxes so that the money benefits the economy

          Comment


          • #25
            Originally posted by Dick Valentine View Post
            Just thought I would update you fellas. The government has already forgave a majority of the bailout money. In exchange for 50% stock interest. Remember how the bailout was going to be an investment for the American Taxpayer. We we just bought the farm so to speak. GM will go bankrupt, everyone's known it for almost a year now, but Obama just bought time for his union buddies.
            There was a company I don't remember off the top of my head (I think more than one) which wanted to repay the bailout money but Obama said no.

            Originally posted by Breakbeat View Post
            Well they had their choice.............they asked for the money, what do they expect?
            They really didn't have a choice. I don't think they give 2 ****s aobut what would happen after they got their money, seriously.

            This is what really gets me fired up about the "Republican Fatcat" image that the liberals try to portray. They aren't the ones getting government subsidies at the country's expense. The real criminals aren't the one in tax havens, the real criminals are the ones taking OUR MONEY and making huge profits. Which is why there are tax havens in the first place.

            Originally posted by Garo View Post
            Yes, when wealthy businessman and CEOs store their money outside of the U.S., in places that don't report to the IRS, they are causing a leakage in the economy, but Obama raising taxes on them is going to encourage even more people to store their money outside of U.S. to avoid paying too much taxes.

            Here's a rule for you. The bailout comes with strings attached. This is how it works; the government tells the company that they will give them an X amount of sum, but in order to get the money, this and that has to be changed. Either take the money and let the government tell you what to do, or don't take the money and go bankrupt. That's perhaps one reason why Obama gets to choose a CEO for a private company.

            This is why I don't like the bailout and I don't like Obama.

            The bottom line is, government is giving failing companies millions and millions of dollars and increasing our national debt, and than it gets involved in the market and tells those companies how to run their business. And still there are people saying that Obama is not a socialist... come on!
            The truth is that this is a covert stealth operation. He is not doing this stuff in the limelight like you would think would happen when the government is trying to destroy the Constitution. This is so because the liberal media owns about 80% or actually probably more of major publication and communications. Conservatives have basically Fox News and WABC Radio (whatever it is called in your area). AND THE LIBERALS WANT TO TAKE THAT AWAY TOO!!!!!! They're actually moving to do this as we speak.

            Comment


            • #26
              Originally posted by ILLuminato View Post
              The truth is that this is a covert stealth operation. He is not doing this stuff in the limelight like you would think would happen when the government is trying to destroy the Constitution. This is so because the liberal media owns about 80% or actually probably more of major publication and communications. Conservatives have basically Fox News and WABC Radio (whatever it is called in your area). AND THE LIBERALS WANT TO TAKE THAT AWAY TOO!!!!!! They're actually moving to do this as we speak.
              The liberals have all the media now because for the past 8 years the republicans have been ****ing up the country. i dont get why thats so hard to understand

              Comment


              • #27
                Originally posted by Danny Gunz View Post
                The liberals have all the media now because for the past 8 years the republicans have been ****ing up the country. i dont get why thats so hard to understand
                That's incredibly wrong.

                Under Reagan, the national debt was at 4%
                Bush= 2%
                Obama 13% + Nationalizing Healthcare

                IN THIS PRESENT CRISIS, GOVERNMENT IS NOT THE SOLUTION, GOVERNEMTN IS THE PROBLEM

                Liberal fascism comes to America
                http://www.americanthinker.com/2009/...ssentia_1.html

                Meet....Barack peron

                Comment


                • #28
                  Originally posted by ILLuminato View Post
                  That's incredibly wrong.

                  Under Reagan, the national debt was at 4%
                  Bush= 2%
                  Obama 13% + Nationalizing Healthcare

                  IN THIS PRESENT CRISIS, GOVERNMENT IS NOT THE SOLUTION, GOVERNEMTN IS THE PROBLEM

                  Liberal fascism comes to America
                  http://www.americanthinker.com/2009/...ssentia_1.html

                  Meet....Barack peron
                  Bush has ****ed up this country terribly it is obama's problem to fix... What do you expect the economy is gonna be fixed over night? You gotta spend money to make money.

                  Comment


                  • #29
                    politics is a game for the lost and doomed

                    Comment


                    • #30
                      Originally posted by Danny Gunz View Post
                      Bush has ****ed up this country terribly it is obama's problem to fix... What do you expect the economy is gonna be fixed over night? You gotta spend money to make money.
                      O.k. its "Obama's problem".

                      Please tell me what it is that Bush did that "****ed up this country terribly"?

                      Put faith in yourself, not a government.

                      Comment

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