Obama Attack on Capitalism, pt 2

A few additions to the former post, below...

Pelosi says priorities for this bill package will include food aid to
the poor, increased jobless benefits, federal money to the states for
Medicaid costs, government checks to households, etc...all socialist
focused (government redistribution of wealth).
http://www.msnbc.msn.com/id/27166063/

Let's summarize where we are to this point. Obama wants to tax the
rich and tax struggling corporations charged with greed (some would
call that profit seeking or the American Dream) to pay for food to the
poor in this country (per Pelosi's words above), food for the world
(Obama's 50 Billion dollar pledge to the UN food program), health care
for everyone, government purchase of private banks, government
purchase of individual home loans, federal purchase of state loans,
increases in federal money for those not working, fee free withdrawal
of money from the struggling markets that need it (promoting a run-for-
the-door mentality), increases in Peace Corps and Americorps money
(and personel with national service promotion), increased regulation
over the free markets with curbs on "speculators"...i.e. free market
investing, etc

Someone still want to call Obama and the Democrats capitalists?

--
We already knew that Obama was partly responsible for the housing
industry collapse, after it was revealed he was a lawyer for Acorn
forcing lenders to make unfounded loans to those that could not pay
them back.

Then, we knew he was ineffective in fixing the problem, serving in
government position for many years and doing nothing to fix the
problems.

Then, we saw him shove as much socialist control into the rescue bill
as he could, condemning McCain for wanting a free market as a de-
regulator.

Now, we have the latest sign that Obama is either inept in
understanding the economy, or he just wants to destroy it. After
getting the government to BUY our banks (literally...made the
government bail out a buy out by requiring government ownership of the
banks ...shares of stock), he now is proposing an even bigger
socialist grab. Now, he wants the government to buy your home, as
well. In his economic proposal, today, he proposed a government
rescue of people's home loans, saying that if we can do it for Wall
Street, we should do it for people struggling with home loans.

Now, you remember that he demanded the government OWN the banks they
helped, so Obama will want to OWN your home that you cannot
afford...another socialist land grab.

Further, he is proposing to eliminate fees for those wanting to pull
their money out of their IRA or other retirement account. Not only
will this PROMOTE investors pulling out of the market, but it will
take away an income source of the very companies that we were
supposedly trying to help in the bail out (investment banks). How are
they supposed to pay back the government for the government share
purchases, when they are stripped of their ability to make money? As
I said, this is either ignorance or an intent to sink the market,
further.

Make no mistake. Obama's father shared his own dream of socialism
with his son, and this (former socialist party member) Presidential
candidate is doing everything he can to sink the capitalist system
(the FREE market) and replace it with a socialist system (which taxes
the rich and gives to the poor to redistribute wealth). He is even
proposing sending Billions (or Trillions) from the Federal government
to cover individual state debts. Where will he get the money for the
loans to the states and the home lender bailout...tax the rich.
However, he is already proposing increasing the taxes on the rich to
cover his health insurance for everyone plan. Then, we had to pay 700
Billion MORE (new spending) to bail out the banks. However, he said
he could still do it by ending the war (even as he is saying we will
remain in Iraq and fight another war in Afghanistan). So, from where
will the money come to cover his NEW proposals? The ONLY solution
consistent with his plans is to tax companies and the rich even more.

Obama said that if Congress doesn't act on this soon (and his party
knows it won't since they left town), he WILL do it as President
(individual home loan purchases by government, IRA fee free
withdrawals, etc). This is Obama's agenda....not just to get elected
but as President, as well. He plans to socialize America and make us
as Communistic as his associates want us to be.

So, the choice is clear. Vote for the one Obama called a "free-market
gambler" and "deregulator," McCain, or vote for USSA (Union of Soviet
Socialist America).

Kenneth Clifton
--
www.2008jesus.com

On Oct 14, 6:18 am, The_Carpathia wrote:
> A few additions to the former post, below...
>
> Pelosi says priorities for this bill package will include food aid to
> the poor, increased jobless benefits, federal money to the states for
> Medicaid costs, government checks to households, etc...all socialist
> focused (government redistribution of wealth).http://www.msnbc.msn.com/id/27166063/
>
> Let's summarize where we are to this point.  Obama wants to tax the
> rich and tax struggling corporations charged with greed (some would
> call that profit seeking or the American Dream) to pay for food to the
> poor in this country (per Pelosi's words above), food for the world
> (Obama's 50 Billion dollar pledge to the UN food program), health care
> for everyone, government purchase of private banks, government
> purchase of individual home loans, federal purchase of state loans,
> increases in federal money for those not working, fee free withdrawal
> of money from the struggling markets that need it (promoting a run-for-
> the-door mentality), increases in Peace Corps and Americorps money
> (and personel with national service promotion), increased regulation
> over the free markets with curbs on "speculators"...i.e. free market
> investing, etc
>
> Someone still want to call Obama and the Democrats capitalists?
>
> --
> We already knew that Obama was partly responsible for the housing
> industry collapse, after it was revealed he was a lawyer for Acorn
> forcing lenders to make unfounded loans to those that could not pay
> them back.
>
> Then, we knew he was ineffective in fixing the problem, serving in
> government position for many years and doing nothing to fix the
> problems.
>
> Then, we saw him shove as much socialist control into the rescue bill
> as he could, condemning McCain for wanting a free market as a de-
> regulator.
>
> Now, we have the latest sign that Obama is either inept in
> understanding the economy, or he just wants to destroy it.  After
> getting the government to BUY our banks (literally...made the
> government bail out a buy out by requiring government ownership of the
> banks ...shares of stock), he now is proposing an even bigger
> socialist grab.  Now, he wants the government to buy your home, as
> well.  In his economic proposal, today, he proposed a government
> rescue of people's home loans, saying that if we can do it for Wall
> Street, we should do it for people struggling with home loans.
>
> Now, you remember that he demanded the government OWN the banks they
> helped, so Obama will want to OWN your home that you cannot
> afford...another socialist land grab.
>
> Further, he is proposing to eliminate fees for those wanting to pull
> their money out of their IRA or other retirement account.  Not only
> will this PROMOTE investors pulling out of the market, but it will
> take away an income source of the very companies that we were
> supposedly trying to help in the bail out (investment banks).  How are
> they supposed to pay back the government for the government share
> purchases, when they are stripped of their ability to make money?  As
> I said, this is either ignorance or an intent to sink the market,
> further.
>
> Make no mistake.  Obama's father shared his own dream of socialism
> with his son, and this (former socialist party member) Presidential
> candidate is doing everything he can to sink the capitalist system
> (the FREE market) and replace it with a socialist system (which taxes
> the rich and gives to the poor to redistribute wealth).  He is even
> proposing sending Billions (or Trillions) from the Federal government
> to cover individual state debts.  Where will he get the money for the
> loans to the states and the home lender bailout...tax the rich.
> However, he is already proposing increasing the taxes on the rich to
> cover his health insurance for everyone plan.  Then, we had to pay 700
> Billion MORE (new spending) to bail out the banks.  However, he said
> he could still do it by ending the war (even as he is saying we will
> remain in Iraq and fight another war in Afghanistan).  So, from where
> will the money come to cover his NEW proposals?  The ONLY solution
> consistent with his plans is to tax companies and the rich even more.
>
> Obama said that if Congress doesn't act on this soon (and his party
> knows it won't since they left town), he WILL do it as President
> (individual home loan purchases by government, IRA fee free
> withdrawals, etc).  This is Obama's agenda....not just to get elected
> but as President, as well.  He plans to socialize America and make us
> as Communistic as his associates want us to be.
>
> So, the choice is clear.  Vote for the one Obama called a "free-market
> gambler" and "deregulator," McCain, or vote for USSA (Union of Soviet
> Socialist America).
>
> Kenneth Clifton
> --www.2008jesus.com

Obama in the primary debates...
"Well, Charlie, what I've said is that I would look at raising the
capital gains tax for purposes of fairness."

FAIRNESS...socialist redistribution of wealth.

Kenneth Clifton
--
www.2008jesus.com