Thursday, October 9, 2008

Obama Now Says He Agrees With McCain's Resurgence Plan Proposal

Obama Now Says He Agrees With McCain's American Homeownership Resurgence Plan; then throws in if there is enough oversight, as if McCain wasn't planning to do that...  Anyway to grab some credit

McCain's American Homeownership Resurgence Plan

Obamanomics and the Coming Stock Market Crash

 How destructive to the U.S. economy would a Barack Obama presidency be?  

An exclusive Newsmax analysis warns: There would be a very rough time ahead.  Beneath Obama's flowery rhetoric lies a dangerous economic plan that will wreak havoc on the American economy. Obama plans to return to the failed policies of high taxation coupled with an expansion of government spending.  Worse, Obama says he is absolutely committed to almost doubling the capital gains rate — something he will easily accomplish with a Democrat Congress.

In the coming months — when investors realize that Obama will raise the cap gains rate — there could be a stampede of asset sales as investors rush to take their profits now to avoid Obama's doubling of the tax rates next year.

All of these issues and more are explored in Newsmax magazine's special report "Obamanomics — the Coming Tax-and-Spend Nightmare," by Wall Street Journal columnist John Fund.  This special report gives Americans the first in-depth look at the Democratic presidential candidate's likely strategies — and how they will affect not just the larger economy, but your personal wealth as well.  It is an article worth reading for everyone before they vote!!

Indeed, Obama makes no bones about his plans to go on a tax rampage. Not only would he increase the capital-gains tax rate from 15 percent to as much as 28 percent, he wants to allow the 2001 and 2003 Bush tax cuts to expire in 2010, which effectively raises taxes on Americans by tens of billions of dollars.

He also wants to do away with the $102,000 FICA payroll tax cap, which means anyone making over $102,000 would pay an additional 7 percent in taxes on earned income.

And the loan dividend tax rate George Bush implemented? Under President Obama it will be DOA!

If you are concerned about your money and family's financial well-being — and that the American economy remains strong — you must read this special report and share it with friends and family.

Wide-ranging points covered in this Newsmax Article:

  • How Obama's policies could cost more than $850 billion over four years
  • The dire repercussions of Obama's minimum wage proposal for small businesses and retail outlets
  • Obama aides' private and very revealing admission about the candidate's economic savvy
  • The surprising revelation when Barack's own tax returns were reviewed by an expert
  • The "proof" that Obama will kowtow to organized labor
  • Obama's Social Security plan: a giant income-redistribution scheme
  • How Obama's policies could boost some tax rates to 60 percent
  • Leading economist Arthur Laffer's warning on Obamanomics
  • Obama's policies point by point on energy, healthcare, regulation, and the housing crisis
  • Who would lose under Obama's tax proposals — and who would win
  • How Barack "flunked" an easy question on capital gains
  • The Democrat's contradictory statements on tax increases
  • Why Obama's campaign against special interests would backfire
  • Obama's plan to double America's foreign aid
  • How Obama's trade policies would damage U.S. multinationals
  • Obama's embarrassing denial regarding NAFTA
  • The National Taxpayers Union's Obama rating: just 5 percent
  • Obama's misguided views on technology's future
  • How the Democrat would undermine private sector healthcare
  • Obama's tactics — old left-wing populist ploys


Sen. Barack Obama’s “naïve” world view could embolden America’s enemies during one of the most dangerous periods for America since the 1930s, U.S. Sen. Joseph Lieberman told Newsmax in an exclusive television sit-down interview Tuesday.

Lieberman, visiting Fort Lauderdale, Fla., also told Newsmax that he is so disappointed with the Democratic Party, he will consider whether to bolt the Democratic Senate caucus next session.

[You can see the full video broadcast on Newsmax.tv — Go Here Now].

For completer article see:  Lieberman Calls Obama Naive

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