This clip is very telling of the mindset that an Obama administration will have.
So in this, the worst of economic times Barney Frank's bright idea is to council Obama to "increase spending and tax tax tax the wealthy". Then the funniest of all, "deficit fear should take a backseat"? You are kidding me? This is no surprise they are just finally admitting it.
This is the great change that is coming????
Wow, that is all I can say WOW!
Then there is Joe Biden who has had more gaffs than Sarah Palin could dream of. You didn't know that? Oh that would be because the media over looks all of them.
What is heavens name was he saying? Obama will be tested, he will need help and we need to stand by Obama when he makes decisions that appear to be wrong. Ok, no problem Joe.
What is he smokin?
13 comments:
EXACTLY!
Barney Frank should be forcibly committed to an insane assylum for proposing this while sitting on the finance and banking committee! And honestly, I wouldn't be surprised if Joe Biden is correct. My issues with this statement is, what if John McCain or Sarah Palin or even worse, George Bush said this? They would be crucified and it would lose the election for them. Interesting.
Did anyone here watch 20/20 on Friday night? John Stossel (Sp?) reported. (Yes, I know he is Libertarean and so there may be a slight slant, but you can sift through that and be objective) It was all about Govt. interference and how inefficient these "Gifts" are when it actually comes to helping our economy, people and nation. It was really facinating. One example was all about Hurricaine Katrina and how public funds just aren't getting to the people and how Brad Pitt has done more for the victims there than Govt. who pledged BILLIONS of dollars to rebuild the city. Travis and I were discussing how disgusted we are with our government. The Republicans are maybe not AS guilty as the dems as far as an increase of govt programs goes, but they are not too far behind. In theory it all sounds "GOOD" but it just doesn't work. If it worked then there would be a different arguement. Charities are much better at helping people and getting things done than govt. I say let's get the govt out of things and work towards building and supporting more charities that actually can get the money and help to the people hwo need it. I highly recommend everyone to watch it, it's very telling.
Also, I find it facinating that people think that republicans are scrooges with their money and selfish. Do you realize that predominately republican states/regions have higher charitable contributions than democratic states/regions? A litte food for thought.
I guess I should clarify. I also think that Joe Biden may be right about something happening in the first 6 months but I think he is smokin something when he says that we need to stand by Obama when he makes decisions that appear wrong. Sure Joe just like you stood by your president when he was tested with the worst attack on our soil in history and tried to make decisions for our country. It just seems odd that he is calling for our patience and understanding of his future administrations possible mistakes in face of adversity.
Just looking at what Sen. Obama has donated to charity speaks volumes about his opinion of whether giving aid is better done by the govt or charities. On average, he donated 2.7%. To each his own, but don't suggest 'spreading the wealth' or having the govt. help out those who are behind me, when you don't do it personally.
I just saw the previous post (after I already commented on this one), I didn't realize you had also watched 20/20. Sorry for the redundancy and THANK YOU for 2 wonder posts ladies :)
When you compare Republican vs. Democrat states by how much they give, many things need to be taken into account, one is the LDS Church. It thrives in several conservative voting states, and it's members give much regardless of the political party they are a member of. That would affect numbers for the state as a whole. And two, Republicans tend to lean towards the higher income brackets, it's one of the reasons they're Republicans. (Now, there are plenty of rich Democrats) If you have more money, you tend to give more away.
Did this data, also track volunteering? Because I was under the impression if you didn't have money to give, you could volunteer, give a helping hand. It's not always about money. I just read an article last week on how nonprofit's are seeing the lowest number of money donations in years. When people have less money, they give less. We can't make money out of thin air, we can give our time and attention, but does that feed people, heal people, cloth people. Now, I agree with your point that people are the answer, and less government bureaucracy, in that regard is better, but what about when people, charities, churches have no more money to give? What then? It seems probable that the populace would divide even more severely into the have's and the have nots.
And regarding Obama and how much he gives, it doesn't matter to me. Maybe he volunteers, gives of his time, I don't know. Not all of us can marry into wealth. Obama's earned his way up from the bottom. He pays his taxes the same as you and me. It's not for me to judge what he does with his money.
I'm not judging what Obama does with his money, I'm judging what he proposes to do with our money. (And I am all for donating time, a helping hand, etc.) Obama definitely has a dime to spare, if he chose to. But he worked hard for that, and can do what he wants with that. (Sounds like a Republican point of view to me). I do take an issue with his ideology as far as what the purpose of taxes are.
And your point about lower donation numbers, to me it says that it is because they are making less money. If they are making less money, there will be less tax revenue. If there is less tax revenue, we should stop this excessive spending! There should be a spending freeze. And honestly, I don't see either Obama or McCain being strong on this issue. McCain a little more so.
Okbushmans, With the utmost respect from one passionate person to another, I am confused a bit by your double standard. You said earlier that you personally have benefited from the use of government programs; that they helped you in a time of need, but because you no longer need it now, or because you were unhappy with the whole process at the time, you now believe a spending freeze is necessary, thereby cutting off funding for just such programs that helped you, and alot of other people by the way. So,now is the time to cut, when people in dire straights need it the most? There has to be some sort of realistic middle ground to this, the mother of all pickles, our country has gotten itself into. Concessions must be made on both sides of the issue of what to do with taxes and spending.
When I referred to 'spending freeze', I didn't clarify I was referring to the 'excessive spending', respectively money going to the banking/finance industry. As you pointed out, there is a time and a place for certain 'entitlement programs'. But there should be more limitations on them. And if I appear I have a "double standard" on this issue, it is only because I have learned through living. After living a small section of my life 'in the system' (no, not jail!) my eyes were opened to the what the system creates. The structure of it rewards those who do not have an incentive to make it on their own. As I have stated before, I personally know many people who will not take promotions/raises because it will disqualify them from govt. aid. We were penalized in not receiving unemployment because we actually had the initiative to work. (still making half of what we would getting unemployment.) It is a broken system, and needs a complete overhaul. And it frustrates me to no end that sharing past experiences which have given me an insiders look at a huge concern for our country is used against me. I don't feel I have changed my position since when I was on govt. assistance. We used it in desparate times. We took ourselves off it when it wasn't necessary (and never went back on). Majority of those who use government assistance do not have the same initiative or understanding of it's role as I do.
And if you ask me, double standard could be thrown at everyone who voices their opinion. There are things that may appear duplicitous on the surface. For example, supporting a candidate who openly supports not only abortion, but partial birth abortion. But then understanding that "the worth of every soul is great in the eyes of God." But I have never questioned a pro-lifer supporting Barack Obama, because I know there is much more that what is apparent.
Obama can do what he wants with his money but everyone touts how he, and all Democrats, is so compassionate. He says it is fair to spread the wealth but his tax records indicate that his pattern of giving, percentage wise, is so abnormally low. The smallest amount recorded for income was $240,000. per year and at that time he was giving less than 1%. He made over a million a year for several years and giving was at about 5%. Working so hard to make all that money, I doubt he was spending days at the old folks home reading books to the elderly. It does show a lack of interest in the common good until he is in charge of it, and then he is really happy to use our money to do it.
In regards to Republican states having high % of Mormons that skew the results....Other than Utah at 71% and Idaho at 26% There is not another state with even close to those numbers. Most are below 5% of LDS as percentage of population.
There is not one statistical analysis out there that has ever shown Democrat leaning states as giving more than Republican states and no, most of those states are not full of rich Repulicans....The notion that Republicans are richer than Democrats is a lie that is consistently perpetrated. Heck 5 Hollywood stars will out earn the whole state of Missouri yet Missouri ranks number 1...they not only rank number 1 in generosity but they rank number 50 in wealth. Hmmm the lowest in wealth and the most generous....that is what the table looks like. From top to bottom it shows wealth and generosity and all the top 10 most generous states are the lowest ranking in wealth. Hmmm. Those uncompassionate greedy mean Republicans!!!
Point taken ladies, glad I stepped into the fire for however brief a time.
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