[bpmartyr]

I agree with the Soup Nazi.

[bigirish4life]

I hate both candidates, personally I was pulling for Romney. I think with his experience he would be the best qualified to improve the economy, This is after all why Massachuesetts elected him Governor, a true conservative elected gov in the most liberal of liberal places? They saw what he did with Utah with his economic changes and how he pulled off teh olympics. Romney knows what he is doing. We have an inexperienced, dangerous socialist and a frail republican that shows no similarities to a true conservative, as he claims to be, this is truly a sad election.

[AM07]

Originally Posted by Nabisco

The war isn't illegal. It was sanctioned both by your President and your Congress. Therefore in every form of American law, it's legal.

Saying that it's illegal is completely untrue, but feel free to continue to spread untruths.

I know it was completely legal, but I just felt like throwing that word in there because it's a lost cause for a war. I don't think the majority of people give a **** whether the ME is stable at all. I sure as hell don't. IMO, let them kill themselves off and fight to the death, how it's always been in that shithole called the Middle East.

[Frank Costanza]

Originally Posted by Hard Knox

Republicans are NOT good for the economy EVER! Anyone who argues this statement doesn't understand what the party actually stands for!!!! So vote Democrat or watch the economy get worse because McCain feels that everything is fine and the economy will take care of itself, this Lazze Faire attitude is not what this country needs after eight years of abuse by the Republican party. (NAFTA, Big Oil, and Corporate interests) have corrupted our politicians (majority of whom are Republican). I am normally independent on most issues because I am in the middle on most issues, but the most important issue right now is the economy so VOTE Democrat because to vote independent is a waste of a vote.

You couldn't be more wrong.

1. NAFTA was the Clintons.

2. Big Oil? That's been around for 80 years under both parties. Tell me what the Democrats have done to stop them. Nothing. We've had the biggest increase in oil and gas in the last 2 years. Guess who's controlled Congress? Democrats.

3. Corporate Interest? We have the second highest tax corporate rate IN THE WORLD.

Please tell the University economics professor to stop teaching based on ideology and more on facts because in reality a Republican or Democratic administration has almost no say on how the actual economy runs.

Monetary policy is set by the fed which remains relatively intact no mater who is in office. Greenspan set policy for Reagan, Bush AND Clinton.

The global market doesnt run based off our 4 year elections.

[Reaper329]

Originally Posted by Soup Nazi

I don't' need a politician to tell me about economics. If our Senators knew anything about economics, we wouldn't be in this situation.

Stop listening to politicians talking points and figure it out for yourself. You'll find the truth somewhere in between and pretty much boring when it comes to politics.

Chuck Hagel, Congress and your President don't make monetary policy but they sure could sell you the idea that they do.

trust me, I am not saying anything about economic policy whatsoever, I was just addressing to you what Hagel said about the costs of war <this one specifically>

[Frank Costanza]

Originally Posted by Reaper329

trust me, I am not saying anything about economic policy whatsoever, I was just addressing to you what Hagel said about the costs of war <this one specifically>

That's fine. Its makes for great political theatre to throw around how much money is spent when in reality the everyday public would never see a penny of it anyway.

They do the same with deficits.....did peoples lives change dramatically from 1991-2001 where the deficits fluctuated wildy? No. The big talk back then was balancing the budget because future generations will have to pay. Sound familiar? Did it really effect people actual lives? No.

They do the same with oil companies...the big bad oil companies making record profits without mentioning their margins are down. They make record profits because Americans want to have SUV's...but you can't tell them that its their fault. The American public doesn't want to take responsibility when they have the big evil government to blame.

Its the same old story...you want to get elected? Pitch the rich against the poor. Play on the emotions of what you don't have vs those that have it.

In the end will your lives be that much better with Obama or McCain? No.

[TheCrownedOne]

Originally Posted by Soup Nazi

You couldn't be more wrong.

1. NAFTA was the Clintons.

2. Big Oil? That's been around for 80 years under both parties. Tell me what the Democrats have done to stop them. Nothing. We've had the biggest increase in oil and gas in the last 2 years. Guess who's controlled Congress? Democrats.

3. Corporate Interest? We have the second highest tax corporate rate IN THE WORLD.

Please tell the University economics professor to stop teaching based on ideology and more on facts because in reality a Republican or Democratic administration has almost no say on how the actual economy runs.

Monetary policy is set by the fed which remains relatively intact no mater who is in office. Greenspan set policy for Reagan, Bush AND Clinton.

The global market doesnt run based off our 4 year elections.

Word. And 'word' to your next post, also. Well said.

[Reaper329]

Originally Posted by Soup Nazi

In the end will your lives be that much better with Obama or McCain? No.

I could not agree more here. I think neither of the candidates are worth a cent in the big picture, nor did I think many out there were that good. They are all so tied into their special interests

[RobInKuwait]

Originally Posted by Soup Nazi

Please tell the University economics professor to stop teaching based on ideology and more on facts because in reality a Republican or Democratic administration has almost no say on how the actual economy runs.

I have agreed with everything you've said so far, but wouldn't democrats raising taxes negatively impact how the economy runs?

[Frank Costanza]

Originally Posted by RobInKuwait

I have agreed with everything you've said so far, but wouldn't democrats raising taxes negatively impact how the economy runs?

Not really. Clinton had one of the largest tax increases in history and we we're fine. You can easily mask numbers by taxing then spending. As long as spending it kept up at the same rate, you bascually offset the lose in personal consumption.

..but then you ask the question...do you want to spend the money..or do you want your government too?

[Usf97j4x4]

Originally Posted by Soup Nazi

Not really. Clinton had one of the largest tax increases in history and we we're fine. You can easily mask numbers by taxing then spending. As long as spending it kept up at the same rate, you bascually offset the lose in personal consumption.

..but then you ask the question...do you want to spend the money..or do you want your government too?

I disagree with you that it wont effect us ... the increases clinton put in effect pale in comparison to what Obama has hinted at in his campaign speeches. Also, his proposed increase in capital gains was something like 6-8% higher than clinton's highest IIRC. Obama is also playin with different caps/brackets instead of raising certain tax rates - this way to the layman its not a tax "increase" but they are essentially bracketed differently, thus paying a higher tax rate. I wish I had the knowledge on this to be more specific.

I for one am going to look into overseas accounts if ish goes down.

[Usf97j4x4]

Originally Posted by Soup Nazi

You couldn't be more wrong.

1. NAFTA was the Clintons.

2. Big Oil? That's been around for 80 years under both parties. Tell me what the Democrats have done to stop them. Nothing. We've had the biggest increase in oil and gas in the last 2 years. Guess who's controlled Congress? Democrats.

3. Corporate Interest? We have the second highest tax corporate rate IN THE WORLD.

Please tell the University economics professor to stop teaching based on ideology and more on facts because in reality a Republican or Democratic administration has almost no say on how the actual economy runs.

Monetary policy is set by the fed which remains relatively intact no mater who is in office. Greenspan set policy for Reagan, Bush AND Clinton.

The global market doesnt run based off our 4 year elections.

I agree completely. The bush-did-it mentality strikes again. How can anyone say a conservative policy is bad for the economy?

I wanted to expand on Point 3 you made - I fear if Obama is put in office he'll increase the corporate taxes to the point that larger, more fluid firms look to other countries (india et al) to move their businesses, or at least portions of them (fewer jobs for americans). Another negative repercussion of a blanket corporate tax increase would be that it would act as a deterrent for small business start ups, getting us more and more away from our capitalist roots. Some very good incentives would have to be in place and I don't see that happening. I see Obama deeming these increases in taxes necessary to support his various social programs (i.e. the free college plans), many of which are directed at "less fortunate" groups. Your thoughts?

Wow, god save us.

[Frank Costanza]

Originally Posted by Usf97j4x4

I disagree with you that it wont effect us ... the increases clinton put in effect pale in comparison to what Obama has hinted at in his campaign speeches. Also, his proposed increase in capital gains was something like 6-8% higher than clinton's highest IIRC. Obama is also playin with different caps/brackets instead of raising certain tax rates - this way to the layman its not a tax "increase" but they are essentially bracketed differently, thus paying a higher tax rate. I wish I had the knowledge on this to be more specific.

I for one am going to look into overseas accounts if ish goes down.

I've read some of his numbers. They are not THAT bad. Hillary's numbers were actually much worse. Just as McCains words are misrepresented, I've seen many times where Obamas are as well. The whole playing on fears works both ways....

Believe me, if his numbers were that bad, I would say so. I am a small business owner so I know exactly how it will effect me. I am also a trader/investor as well.

Have to go..I'll comment on the other stuff later especially the corporate tax rates...