What Will Obama Do With The Money?

[red states rule]

I would like to know if Obama gets his way and raisies taxes on the "rich" what will he do with the money?

We have seen his trillion dollar stimulus go bust

We have seen the many "job bills" passed by the Dems prior to the 2010 election accomplish nothing

We have heard alot of talk from Obama about jobs - but nothing of substance

So what wil he do with the money if taxes go up?

More welfare? More handouts? More slush money to keep union workers on the states payroll?

Anyone have an answer?

[CSM]

He will spend it, of course, where it will do the most good. "The most good" meaning wherever it will get him the nost votes in his bid for re-election.

[red states rule]

He will spend it, of course, where it will do the most good. "The most good" meaning wherever it will get him the nost votes in his bid for re-election.

You are correct. Obama will not cut spending and will only redistribute as much wealth as he can

Like most liberals, Obama will find new "victims" of the free market and his "solution" will be to give them someone elses money.

[fj1200]

Anyone have an answer?

IF he got it through with a Republican Congress it would go to deficit reduction* a la Clinton. A Dem Congress??? all bets off.




* :laugh: :laugh: :laugh:

[red states rule]

IF he got it through with a Republican Congress it would go to deficit reduction* a la Clinton. A Dem Congress??? all bets off.




* :laugh: :laugh: :laugh:

That is a given. I believe any tax increase proposal from Obama will never see the light of day

But the question is, IF tax increases were passed what would Obama do with the money?

[fj1200]

But the question is, IF tax increases were passed what would Obama do with the money?

I answered, it depends on control of Congress. Congress needs to keep from passing laws that allow open checkbook type spending on whatever the administration deems worthy. It seems like every day I hear a story, "the Obama Adminstration has given money to..." I thought Congress approved spending. :rolleyes:

[red states rule]

I answered, it depends on control of Congress. Congress needs to keep from passing laws that allow open checkbook type spending on whatever the administration deems worthy. It seems like every day I hear a story, "the Obama Adminstration has given money to..." I thought Congress approved spending. :rolleyes:

They will

The Hoiuse has made it clear no tax increases will be passed

And of course the liberal meida is waving the pom poms for tax increases in support of their guy Obama; and opposition to spendng cuts






New York Times Watch Quotes of Note: Stop Spending Cuts or People Will 'Starve to Death'
By Clay Waters | April 22, 2011 | 14:39

Stop Spending Cuts or People Will “Starve to Death”
“I stopped eating on Monday and joined around 4,000 other people in a fast to call attention to congressional budget proposals that would make huge cuts in programs for the poor and hungry....These supposedly deficit-reducing cuts -- they’d barely make a dent -- will quite literally cause more people to starve to death, go to bed hungry or live more miserably than are doing so now.” – Food writer Mark Bittman in a March 30 op-ed, “Why We’re Fasting.”


“What causes the lack? Imprisonment, torture, being stranded on a desert island, anorexia, crop failure....and both a lack of aid and bad distribution of nutrients. Some (or much) of both of these last two stem from unregulated capitalism and greed.” – Bittman on his blog at nytimes.com, March 31.


More of the Myth of Max Cleland

“...Senator Saxby Chambliss, 67, a genial Georgia conservative whose nasty first campaign left lingering bad feelings among Democrats....Mr. Chambliss remains negatively defined by his 2002 defeat of Senator Max Cleland, a triple-amputee veteran of Vietnam, after a campaign that included an ad picturing Mr. Cleland with Osama bin Laden. Mr. Chambliss’s work on the Gang of Six has done as much as anything to soften attitudes.” – Reporter Jackie Calmes, April 17. The Times has long claimed the Chambliss ad questioned Democrat Sen. Cleland’s patriotism by linking him to Osama bin Laden. The actual ad opens with a montage of four photographs, one each of bin Laden and Saddam Hussein, two others of the U.S. military, as a narrator reads: "As America faces terrorists and extremist dictators, Max Cleland runs television ads claiming he has the courage to lead." Only then does the ad show photo of Cleland.



Mike Hale Again Injects His Liberal Politics Into TV Review


“There isn’t anything new in the film to upset the gun lobby, but there’s plenty to depress anyone who thinks that the country would be better off with fewer than its tally of some 250 million guns.” – Conclusion to television critic Mike Hale’s April 13 review of “Gun Fight,” an HBO documentary.



Pulitzer Winner David Leonhardt’s Simple Budget Solution: Tax Hikes

“A fairer, more fiscally conservative plan would not postpone dealing with Medicare. It would leave in place the cost control measures in the health reform bill and go even further to reward the quality of care rather than the volume....Next, the federal government would raise taxes. As countries have grown richer over time, they have historically paid higher taxes -- to cover the costs of a strong military, good schools, comfortable retirements and other luxuries that the free market doesn’t provide. Affluent Americans, in particular, can afford higher taxes. They have received far larger raises in recent decades than any other income group, and their tax rates have fallen far more. Yet Mr. Ryan would reduce them further.” – Times chief economics writer David Leonhardt’s front-page economics column, April 6.

“In reality, finding a way to raise taxes may well be the central political problem facing the United States.” – David Leonhardt’s front-page economics column, April 13.


On Top of the Big Stories: “Mr. Obama Knows His Hoops”

“Being president is an ego trip. So you would have thought President Obama wouldn’t need to add to his bragging rights. But Mr. Obama’s N.C.A.A. men’s basketball bracket stands -- for the moment, anyway -- as one of the best out there....His picks for the final eight teams are all still alive, giving him a shot at a near-perfect bracket. All of which proves one thing: Mr. Obama knows his hoops.” – Michael Shear on the paper’s “Caucus” blog, March 19.



Republicans “Shrink” Medicare, While Obama Finds Painless “Savings”

“The Republican plan includes a shrinking of Medicare and Medicaid and trillions of dollars in tax cuts, while sparing defense spending. Mr. Obama, by contrast, envisions a more comprehensive plan that would include tax increases for the richest taxpayers, cuts to military spending, savings in Medicare and Medicaid, and unspecified changes to Social Security." – Budget reporter Jackie Calmes, April 11.


Read more: http://www.newsbusters.org/blogs/clay-waters/2011/04/22/new-york-times-watch-quotes-note-stop-spending-cuts-or-people-will-star#ixzz1KXNJorgp