I wonder why Obama and his minion keeps moving the bar downwards for taxing the rich? First it was all those earning over $250K. Then it is those earning over $200K. Then 150K! And now those earning over 120K are considered rich! So which is it Obama? Can't you even keep your own tax policy straight? Or do you really just want to tax everyone with a real income? I wonder if you are elected next Tuesday what will be your new tax target victims be? It seems everyone will be paying a lot more taxes with you in office!
These videos below are all worth listening to! They will all have an impact on us in business in any capacity. Take your time to listen what is being said, and who is saying it! Does it make you cringe that they have no shame? They admit no wrong? Look at the dates these statements were made! Do you think Obama's policy is pro business?
The Number Keeps Changing! Do you Have a Problem with this?
Share the Wealth! Or is it just nationalized welfare?
Explain this! Obama's definition of 'rich'. Is it $250K, $150K, or $120K?
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Obama is attractive, youthful, has a nice smile, engaging manner... a lot of people don't pay attention to anything else.
I heard a news report that the Obama campaign is now working on a plan to start a campaign to "lower expectations" because he will not be able to do all that he has promised. As I have posted in other blogs, he did the same to us in Illinois when he was elected to the state senate and US senate. Don't say I didn't warn anyone!! Good post!!
as he gets more and more support, he changes the numbers....who knows what the changes will be if there is a landslide...Yikes!
Shirley Parks San Antonio Real Estate & Luxury Homes (RE/MAX Realty Advantage, San Antonio, TX) Like they said all along! "An empty suit!"
I'm fearful that we'll see the real number on January 20th. Everyone will get a tax increase when he lets the Bush tax cuts expire...not just the top 2% like he keeps repeating. That sounds much better to the masses.
"I wonder why Obama and his minion keeps moving the bar downwards for taxing the rich?"
Get used to it. I would imagine this is the type of administration we are going to see if he wins. :(
I have no problem with changing numbers because they all come from politicians and political analysts. None of them know how to tell the truth about anything.
Michael Merino-Illinois Licensed Home Inspector (Merino's Home Inspection & Education Inc.) As far as I am concerned, he can lower th expectations more. He will not be elected! I have more faith in the American People than the biased media!
Pat Tasker Realtor Milwaukee Metro Area WI (Shorewest Realtors) Maybe tomorrow's new threshold will be if you earn more than 45K..? Who knows at the rate he is changing his numbers?
Richard Iarossi - REALTOR® Crofton MD Real Estate (Long and Foster® Real Estate, Inc.) You are right. He does not mention capital gains, corporate taxes, estate taxes and inhertitance taxes. He plans to change them all.
Cassie Marie (Virtual Assistant) I really am going to commit and say he will not win. We need to get out and vote.
Russel Ray, San Diego Marketing & Business Consultant (Russel Ray) You obviously did not listen to the videos. Obama changed his own numbers. No Spin here!
Well the majority of people in this country are poor and it has nothing to do with lack of initiative, laziness or any of the common complaints. Even McCain in 2006 has said that rich people can afford to pay more in taxes. If you want I can provide the link. The only person who has changed is McCain it seems. I cant for the life of me figure out how on earth everyone else can be so greedy. I mean that is what this is. Talking about a tiny increase in taxes that would have absolutely no effect on anyone who is rich or continue to tax the crap out of people who a few thousand dollars can mean the difference between life and death. I guess people have this sick sense of entitlement in this country and have to convince themselves that its ok to be greedy.
Yepper by Tuesday night it will be back down to his OLD number of $42,000/yr.
Folks .... watch what you wish for ..... Change is about to happen if Obama get elected and it isn't the change you are wanting.
My husband and I are now a house divided for the first time ever. I really hit the roof today when I read a newspaper article that said Obama's illegal alien aunt was living on taxpayer dollars in public housing in Boston.
Eau Claire Wisconsin Real Estate Agent & e-PRO® Realtor® Shane O'Gorman (Eau Claire Realty, Inc.) I know many in real estate that make a good living and freely share their wealth wiht other with charities they choose to give to. They place money freely to many charities and churches. It is their money and they freely gove it away to whom they choose. has Congress proved themself good stewards of our money? So now we should give them more?
Most persons I know in real estate give a lot more than Joe Biden's $350 average a year! What is Joe's excuse? Let's talk about Joe Biden now...why is he so cheap? Why is Joe Biden so greedy? Is Congress exempt from giving their own money to charity?
Why is Obama's aunt on welfare in a housing tenement in Boston? Why has Obama not helped his own aunt with his own money? Has he not heard that Charity begins at home? Or does he want the government to help her only even if she is an illegal alien?
Jim he has to find some way to pay for ALL those promises that he has made. To bad that he cannot take some of the millions that he has raised from all of those special interest groups (that he is going to have to pay back in political favors if he gets elected) to pay for some of those promises.
George Souto (McCue Mortgage Co.) I know. He is spending in excess of 800 million dollars for a job that pays 400K a year.
On Halloween night, several of my neighbors were having a lively discussion about the election. No one can understand why people are so willing to drink the Obama Kool-Aid.
BTW, one of the neighbors mentioned that they read that the reason he really went to Hawaii was to have the governor seal his birth certificate papers. They said his birth place is being investigated by someone because his grandmother at one time said he was born in Kenya, making him ineligible for the Presidency. I haven't seen anything else about this issue ... have any of you heard anything??
Another topic going around is something to do with part of his plan that would bankrupt the coal industry. What's with that?
It's hard to get the real facts vs what may just be planted rumors. Sometimes it seems he has more power to shut down people than the Chicago Mob.
Smoke and mirrors - the mirrors are starting to crack - just hope and pray that it isnt too late.
Jim,
Face it...whoever is president generally doesn't fulfill their promises anyway.
Elaine Reese, REALTOR® in central Ohio (Real Living HER, Worthington Ohio) Yes the lawsuit was brought in in Philidelphia - Obama still has not produced his birth certificate. The law suit was dismissed because the party bringing it could not prove it would harm him directly! Barracks Birth Certificate.
Tim and Pam Cash - Clarksville TN Real Estate Professionals (Crye-Leike (Sango)) I hope the words continues to get out!
Hi Jim! If you're pandering to 98% of the People (the ones who are NOT in the top 2% of income-earners), then why not keep lowering the numbers to pull them all in? Isn't that what politicians do?! The problem is, we're supposed to be living the American Dream, which entails becoming independently wealthy (aka earning over $250K per year)--I guess he won't be needing the additional $151K of the Presidential salary that would put him over that cap? Maybe he can share that with someone less fortunate? NOT!
Here is a link to the coal industry bankruptcy. Not only will his plan bankrupt the coal industry it will cause electrical rates to skyrocket.
http://news.google.com/news?q=obama+bankrupt+coal&um=1&ie=UTF-8&hl=en&sa=X&oi=news_group&resnum=1&ct=title
Neal Bloom-Realtor ® Assoc.-CRS-Weston FL (RE/MAX Premier Associates) There is a difference between breaking election promises and purposeful deceit.
Here is a link to the coal industry bankruptcy. Not only will his plan bankrupt the coal industry it will cause electrical rates to skyrocket.
http://news.google.com/news?q=obama+bankrupt+coal&um=1&ie=UTF-8&hl=en&sa=X&oi=news_group&resnum=1&ct=title
I posted this but did not realize I was logged out..LOL
Debe Maxwell (Helen Adams Realty) Obama should share that extra money with his own elderly aunt that is in the United States illegaly on welfare and living in subsidized housing in Boston. Charity begins at home.
Michael Merino-Illinois Licensed Home Inspector (Merino's Home Inspection & Education Inc.) The Audio files of Obama saying this in his own words are here:
Bankrupt the coal industry.
I heard them Jim, It was just on the news. I think this could cause him to lose many votes in Ohio and Virginia. Large Coal states.
Michael Merino-Illinois Licensed Home Inspector (Merino's Home Inspection & Education Inc.) Maybe those that registered to vote 73 different times will only vote 63 times now.
Look on the bright side, perhaps he will change his mind again and now offer a $25k grant for anyone purchasing a home in 2009 : ) ! Then will more realtors like him?
We all know politicians change their mind and maybe Obama is just being downright deceitful? Well, did McCain change his mind (or lost his mind) and now wants the government to buy all bad mortgages? If Obama messes up as President then the Republicans will have their chance again in 4 years, but the last 6-8 years of Republican "leadership" is what has paved the way for democrats (Obama).
Phil Well no one can say he didn't warn us in his own words!
Jim,
When you get right down to it, people who pay no taxes will be the only people who see 'tax relief'...this is government redistribution of wealth, and wherever it has been tried it has failed and produced widespread despair in its wake!!! God help our Country! Thanks, Fran
Hi again Jim--I was not aware of the aunt's citizenship status but, it doesn't surprise me. I'm very anxious to see how the day ends on Tuesday and if he does win, I'm sure most of this will come out in the media--a newspaper editor once told me that the media loves the democrats in office because they have more 'dirt' to write about! That may explain the media having already called him the 'winner.'
Jim - If I hear one more time that his "tax cuts" are going to 95% of the people I think I'll scream. When 40% of those people don't even pay taxes, it's not a tax cut it's called a "hand out". I'm praying America gets it right on Tuesday....our votes have never been more important.
Fran 'The Title Man' Gaspari Title Insurance-PA & NJ (Patriot Land Transfer, Inc.) I agree Fran, but I don't believe he is going to win. I beleive the press wants us to think we do not have a chance!
Debe Maxwell (Helen Adams Realty) yes...one of the comments I read yesterday was some follower of Obama threatening to blow the whistle on the person that leaked the story. Not that she was here illegally, living off US taxes, and collecting government subsidies. Has this nation gone mad? Send her back home, deport her. Let her re apply like so many that I know and come back legally when Obama sponsors her.
Donna Bigda Realtor® Branford Connecticut Real Estate-RE/MAX Alliance (RE/MAX Alliance) The Second video explains that very clearly! It isn't a tax cut... it is welfare.
I have been busy with watching the Phillies and did not hear about the numbers changing till last night. I was shocked to see that it is now $150,000.
GITA BANTWAL, REALTOR BUCKS COUNTY, PA HOMES (ReMax Centre Realtors) Evidently no one is paying attention that Obama keeps lowering the threshold level for new taxes. Listen to him. Joe the Plumber was right!
Jim- In regards to your comment about the winner tomorrow--I think that should McCain win, the media will FINALLY have lost all of their credibility! You know, that might just be a good enough reason for all Republicans to get out there and vote tomorrow if they haven't already--since everyone seems to have 'lost their minds'!
Jim you forgot to add Michelle to your post on being iced. Even she said early on that here husband did not have enough experience. As past foreign secretary Lawrence K ( can't spell last name) said this morning, the only silver lining is to be able to say, " I told you so".
Debe Maxwell (Helen Adams Realty) I think the medial will lose its entire credibility tomorrow. They will be unrepentant. This is an attempt at a "Media Coup!" Get to the polls and vote!
Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate (Keller Williams-Ann Arbor) I think if Obama wins it will be too late for all of us in this business. It will be the final death knoll for real estate.
As opposed to John McCain saying that Middle Class was 5 million dollars ????
Chad Baird (Re/Max Spirit) - Explain your point. I am discussing Obama moving his tax levels. *** I looked this up on Snoops.com they said hte statement is true, but it was totally taken out of context of what it was meant.
http://www.snopes.com/politics/mccain/5million.asp
The plan was presented based on the fact that the U.S. economy was fundamentaliy sound. So being that it was not, the plan had to change. We can't be spending more money that we do not have as the Bush Administration has done for the past 8 years.
Chad- The 5 million dollars was McCain's definition of RICH, not middel class. We all know that the definition of rich is subjective. I think rich is $200,000. What is everyone elses definition? What is yours Chad? I am curious. You need to stop drinking the Kool-Aid Chad. Also, McCain's definition of rich has nothing to do with Obama changing his numbers. Chad what do you think of the committee that Obama has put together to create a campaign to "lower the expectations" of the American people? He says he needs to lower them because he won't be able to do what he has promised. http://elections.foxnews.com/2008/10/31/obama-lays-plans-kill-expectations-election-victory/
Michael Merino-Illinois Licensed Home Inspector (Merino's Home Inspection & Education Inc.) Thank you Michael for your explanation. Lowering our expectations is one thing, apologizing for lying and purposely misleading would be voters is another.
Chad Baird (Re/Max Spirit) Chad since Congress controls the budget as Obama even says on his offical website...does the fact that we have had a Democratic house and senate for the last 2 years have anything to do with the faltering economy? Or is the blame just a Republican thing? Is Bush now Atlas and has the weight of the world soley on his shoulders?
Jim-It sounds like you think I am defending Obama. I am not. I think he lied just to get votes.
Michael Merino-Illinois Licensed Home Inspector (Merino's Home Inspection & Education Inc.) No not at all. I know you were explaining it. We're on the same page! LOL!
Michael you are correct, I misspoke. I hope you do not do the Republican thing and use it against me as a soundbite HAHA!
No Jim, the fact that we have had 8 years of Bush who put us in a no win situation and cost us billions of dollers is at fault. Oppose a war that can not be won and spend 10 billion/per month, makes no sense. Vietnam was the same way, it cost alot of money, alot of lives, but was a lost war. Korea cost alot of money, cost alot of lives, it was a lost war. Call them police artions or what not, they were wars.
So we are commited. The price is now 10 billion/month today. We (as a country) do not have 10B/month now. So yes, the numbers have to change on a dailey, weekly, monthlt basis.
This election has been going on for 2 years. This war alot longer.
Chad Baird (Re/Max Spirit) If you know your constitution - Congress alone says stay or go to war. It is called "The Power fo the Purse!" Congress has said "Yes!" Without Congress.. Bush had no power. Congress funds the war. So what about the Wall Street Mess? Fannie mae and Freddie Mac? Federal oversight? They also fall under Congress - by regulation, oversight and law! Do they get a pass?
The way I look at it? I run a business. If the changes are radical - you can kiss real estate good bye forever. You can kiss property values goodbye. I know real estate investors that are sitting on the sidelines now with millions, looking to see who may be elected. Nothing will affect real estate more than a major change in tax policy. Herbert Hoover (A Republican) made thee fatal mistake of raising personal taxes at the wrong time. He insured the Great Depression!
Chad-The numbers are changing because Obama is only saying what will get him elected. He knew all along that the $250,000 was a way to start class warfare and he could get the vote of people making less than that. Rest assured, he will tax us ALL. Why do you think he wants to "lower expectations"? Please answer this for me since you did not in your last post.
PS- Jim is right, only congress has the power to declare war and fund war.
Jim.
We can agree on one thing (two things actually).
1. I run a business as well. So I vote based on my welfare for my family.
2. Actually just one thing we agree on unless you can agree that we will never agree on politics.
I will never (or do my best) to make an enemy overy politics or religion, so I will bow out on a public Blog. Im still great frinds with my father-in-law anf many years and we do not see eye politally. I know when to bow out of a discussion .
Can we at least agree we can part as online friends?
Chad Baird (Re/Max Spirit) Of course we are friends! I am an American first, and so are you. I always respect those that have different opinions. That is the great thing, about this great country. We have freedom of speech, and there will always be differences of opinion. I will always respect, and defend that right. God Bless you, and thanks for the participation!
When are we going to realize he is a radical socialist, who wants to dismantle our government. He is going to put us in a massive depression beyond belief.
Richard Stabile Bergen County New Homes Builder Realtor (REMAX real estate associates) It may be too late. I still feel that McCain has a great chance to win! Perhaps Obama is a great deceiver?
They keep changing because he is a liberal and they have very few core values if any other than bigger government.
Regardless of the outcome of the election our country and president will need great support from each of us. God Bless America!
God Bless the USA and the new President! I'm glad this entire process is behind us. NEXT!