50 Democrats

Obama Fan Published:

Economy, Gitmo, Ukraine Crisis, Unemployment, most people on welfare ever, healthcare disaster, VA scandal, Benghazi, IRS.....which of these is the most pressing issue for 50 Congressional Democrats?  NONE.  You ask what is there most pressing issue?  Well 50 Congress members ALL democrats seem to think sending a letter to the owner of the Washington Redskins demanding he drop the name Redskins is more important.  

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  • Yeah, "the stock market tends to cycle like that"...which is always in perfect synch to when Republicans are in office.  Coincidence? I think not!

    Reason and facts are sacrificed to opinion and myth. Demonstrable falsehoods are circulated and recycled as fact. Narrow minded opinion refuses to be subjected to thought and analysis. Too many now subject events to a prefabricated set of interpretations, usually provided by a biased media source. The myth is more comfortable than the often difficult search for truth.

    Here are the facts from Forbes that you don't wanna read much less believe as they counter your very strong opinions about parties and politics nestled in your comfortable paradigm that keep you voting against your own economic interests and instead for those in the top 1%.

    Want a Better Economy? History Says Vote Democrat!

    - Personal disposable income has grown nearly 6 times more under Democratic presidents
    Gross Domestic Product (GDP) has grown 7 times more under Democratic presidents

    - Corporate profits have grown over 16% more per year under Democratic presidents (they actually declinedunder Republicans by an average of 4.53%/year)

    - Average annual compound return on the stock market has been 18 times greater under Democratic presidents (If you invested $100k for 40 years of Republican administrations you had $126k at the end, if you invested $100k for 40 years of Democrat administrations you had $3.9M at the end)

    - Republican presidents added 2.5 times more to the national debt than Democratic presidents

    - The two times the economy steered into the ditch (Great Depression and Great Recession) were during Republican, laissez faire administrations

    - Corporate profits have risen under Obama more than any other president

    - The stock market has soared 14.72%/year under Obama, second only to Clinton — which should be a big deal since 2/3 of people (not just the upper class) have a 401K or similar investment vehicle dependent upon corporate profits and stock market performance

    As to the challenging Republican party’s platform:

    - The platform is the inverse of what has actually worked to stimulate economic growth

    - The recommended platform tax policy is bad for velocity, and will stagnate the economy

    - Repealing the Affordable Care Act (Obamacare) will have a negative economic impact because it will force non-wealthy individuals to spend a higher percentage of income on health care rather than expansionary products and services

    - Economic disaster happens in America when wealth is concentrated at the top, and we are at an all time high for wealth concentration.  There is nothing in the platform which addresses this issue.

    You need to get past today’s economic myths by using long forgotten facts to set the record straight.  President Reagan‘s great economic recovery of the 1980s it is often attributed to the stimulative impact of major tax cuts (ERTA.)  But in reality the 1981 tax cuts backfired, leading to massive deficits and a weaker economy with a double dip recession as unemployment soared.  So in 1982 Reagan signed (TEFRA) the largest peacetime tax increase in our nation’s history.  In his tenure Reagan signed 9 tax bills – 7 of which raised taxes!

    So, history tells us that it really does "matter who was in charge"...those who ignore history are doomed to repeat it.  And there are a lot of Republicans who ignore history as a matter of course....you be one of them!

  • Under Boosh I lost over 40% of it...twice!

    Yeah, me too.  The stock market tends to cycle like that. When the market went below 7000, I increased my contributions  and came out pretty good as I knew the market would cycle up again eventually no matter who was in charge.

  • n4s: "Um I have a 401(k) that has done pretty good.  It is based in the stock market, but I'm not rich. "

    Um, I have a 401(k) that has done pretty good too since Obama became president.  Under Boosh I lost over 40% of it...twice!  But that isn't the point. which is the folks who are getting really rich are those who don't have wages like you and I, but who are investors. The kicker is that you can lick the boots of these rich folks all that you want, but you are never gonna be rich. Trickle down only works when the rich are unrinating on you.

    What I said was :"President Obama isn't the one who is gettting rich off of our booming economy, it is ALL rich people...specifically the top 1%.  It's the people who make their money off of the stock market!  Then there are the rich, you know, like the Koch Brothers...".  

    Without their father’s asset base, they could not have bought more assets, sometimes using great debt, that then soared in value as a result of Federal Reserve money printing.  Now that is capitalism but inheriting that kind of seed money money isn't a luxury that you or I, or the vast majority wlll ever have, regardless of your dreaming. It takes money to make REAL money, and you ain't never gonna be there in spite of your budding 401(K).  The Kochs are now using that money to buy elections, judges, legislation, regulation, etc. to tilt the playing field way to the side...and you can call that "savy" if you like, but it needs to be illegal. 

    You guys and your Hollywood liberals...some actors may be wealthy, but they aren't rich.  The rich folks sign their checks.  You are barking up the wrong tree.

    As a result of the disastrous Citizens United Supreme Court decision, billionaires and large corporations can now spend an unlimited amount of money to influence the political process. The results of that decision are clear. In the coming months and years the Koch brothers and other extraordinarily wealthy families will spend billions of dollars to elect right-wing candidates to the Senate, the House, governors' mansions and the presidency of the United States. These billionaires already own much of our economy. That, apparently, is not enough. Now, they want to own the United States government as well. 

  •  ... It's the people who make their money off of the stock market! 

    Um I have a 401(k) that has done pretty good.  It is based in the stock market, but I'm not rich. This in spite of all of the naysayers who didn't want to put money in the hands of all those evil people on Wall street. Got a retirement plan? It more than likely has some or all of its money in stocks and bonds.

    ...the Koch Brothers, who made their money the old fashioned way...they INHERITED IT!  

    The Koch brothers inherited a medium sized oil company from their father.  That part is true.  They then used savy management techniques to build it into the company it is now. This is good old fashioned capitalism...you know, the economic engine that built this country. Nothing illegal about any of it. You know, kinda like ol George Soros. And what about The latest Democratic darling Tom Steyer?  You know, here's money (100 million) to stop that pipeline? But I guess thats OK since he funding the Democrats.

    income inequality,

    Sure, I'd like to split paychecks with some of these Hollywood liberals, I could use a pay raise...

    ..unlimited corporate money in campaigns

    This one was approved by the Supreme court as a freedom of speech issue, and were publicly scolded by President Obama for this decision.  I don't agree with it, but to my knowledge there is no putting that genie back in the bottle. Once again, both parties benefit while us little guys get to watch from the side lines

    So the upshot of the deal is that there is plenty to go around on both sides of the aisle. One of these days we're gonna figure out that both sides are being played against the middle.  That would be us.

  • income inequality, the 2%, JOBS, immigration reform, erosion of the Bill of Rights, unlimited corporate money in campaigns, disenfranchising voters, balanced approach to deficit reduction, deregulation has created Wild West conditions at banks, too big to jail, wage discrimination based on gender, equal pay for equal work, increased financial transparency and accountability, rebuild the middle class instead of CEO tax breaks, same rules for trillion-dollar institutions as rest of us, small businesses need a level playing field, new regulatory regime to protect financial consumers, scourge of the banking industry, on behalf of consumers, apply consumer protection rules to banks, etc..

    Can I get a Sieg heil for Brununo/Homo/Legion. Talk about people using talking points. This is the most Socialist list of talking points ever posted here.

    FIRST OF ALL there is NO SUCH THING AS EQUALITY... That means boys and girls that WE THE PEOPLE are all not the same and that goes for incomes as well.

    immigration reform. You mean free pass for law breakers possibly even yourself there wide eyed Soicialst...

    disenfranchising voters...WTF I had to show ID Tuesday to vote.. NEXT....

    discrimination based on gender.. This too is Horse sh!t. A Liberal talking piint to try and make EVEYONE EQUAL.....fooken retards.....

     rebuild the middle class instead of CEO tax breaks, same rules for trillion-dollar institutions as rest of us.. Oh you mean like Sorros, and GE, or is it anyone that has an (R) after the CEO's last name that votes or gives money to Republicans?

     new regulatory regime to protect financial consumers.. You actually mean to tell me what to buy like health insurance?

     erosion of the Bill of Rights. You mean like wanting to get rid of the Second Amendment right?

     equal pay for equal work. Like at GM where certain union workers get more on the hour than others because they have been there longer..  you want to get rid of Senority so the whanker that walks in off the street can make as much as the one whose been there 20 years...Ywah bet that goes over well with the AFL-CIO and TEAMSTERS...bawhahh

    Listen visitor.. You can keep pushing your mouth to the Democratic rear end all you like. intelligent people know that there is no such thing as EQUALITY. It's the EDUCATED with NO COMMON SENSE like you that keep trying to make a utopian dream instead of just existing and making the best in an imperfect world to his or hers best apitudues and gifts.

    I don't feel sorry for the ignorant, I feel sorry for the ones who are educated and have no common sense to live day to day in an imperfect world trapped in a dream of being equal to all. You're not equal to me.. you could not ever be equal to me..I refuse to be equal to anyone.... 

     

  • Good gawd ihate, don't you read you other posts in 438%?

    BrunoUno

    May 18, 2014 11:48AM

    New York Times: "The assets of President Obama and his wife, Michelle, were valued as high as $7 million last year, according to a financial disclosure form released by the White House on Thursday. Most of the president's income came from royalties on his three books and investments made possible by the proceeds."

    Not too shabby for a socialist community organizer, eh?  Seriously, he is one of the least rich Presidents of recent history. He and Michelle obviously could have been a lot richer if they'd gone the private route as he was President of the Harvard Law Review and she a top attorney.

    Good GAWD tho, President Obama isn't the one who is gettting rich off of our booming economy, it is ALL rich people...specifically the top 1%.  It's the people who make their money off of the stock market!  Then there are the rich, you know, like the Koch Brothers, who made their money the old fashioned way...they INHERITED IT!  They have 40 billion dollars...a billion is 1,000 million...get it?

    The top 10 percent of earners took more than half of the country’s total income in 2012, the highest level recorded since the government began collecting the relevant data a century ago, according to an updated study by the prominent economistsEmmanuel Saez and Thomas Piketty.

    The top 1 percent took more than one-fifth of the income earned by Americans, one of the highest levels on record since 1913, when the government instituted an income tax.

    The figures underscore that even after the recession the country remains in a new Gilded Age, with income as concentrated as it was in the years that preceded the Depression of the 1930s, if not more so.

    That increase is probably in part due to one-time factors. Congress made a last-minute deal to avoid the expiration of all of the Bush-era tax cuts in January. That deal included a number of tax increases on wealthy Americans, including bumping up levies on investment income. Seeing the tax changes coming, many companies gave large dividends and investors cashed out.

    More generally, richer households have disproportionately benefited from the boom in the stock market during the recovery, with the Dow Jones industrial average more than doubling in value since it bottomed out early in 2009. About half of households hold stock, directly or through vehicles like pension accounts. But the richest 10 percent of households own about 90 percent of the stock, expanding both their net worth and their incomes when they cash out or receive dividends.

    The economy remains depressed for most wage-earning families. With sustained, relatively high rates of unemployment, businesses are under no pressure to raise their employees’ incomes because both workers and employers know that many people without jobs would be willing to work for less. The share of Americans working or looking for work is at its lowest in 35 years.

    There is a glimmer of good news for the 99 percent in the report, though. Mr. Piketty and Mr. Saez show that the incomes of that group stagnated between 2009 and 2011. In 2012, they started growing again — if only by about 1 percent. But the total income of the top 1 percent surged nearly 20 percent that year. The incomes of the very richest, the 0.01 percent, shot up more than 32 percent.

    Thank you President Obama!  We are glad that you made us rich, ended those Dumb Bush wars, killed our enemies and didn't start any wars of your own.

     

  • ukfan, and you were surprised?

  • So we now know who "Obama Fan" is !  Should have known. Duh

     

  • Gotta love BO and his stinky comments.....about income inequality... I'll repeat myself again  President Obama has seen his wealth grow 438% to over $7 million.  During that same time 95% of growth has gone to the 1%'s under Obama's watch..so it is you that is misdirected my friend.   And by the way there is no such thing as wealth inequality.  If you want something then WORK for it instead of sitting on yiur couch waiting for it to be handed to you. Back to this issue I am not paying Congress to investigate steroid use in baseball, i am  ot paying Congress to tell a private organization what to name their name that's none of Congress d*** business anyways.  

  • Ok the whole story---   The letter was created by a Republican and a Democrat together.  It is a bi-partisan letter.  McCain was complaining that he was not asked to sign it, as were other legislators.

  • Obama Fan, which of those things listed, Economy, Gitmo, Ukraine Crisis, Unemployment, most people on welfare ever, healthcare disaster, VA scandal, Benghazi, IRS, are valid issues that need to be addressed by ANYONE, much less Democrats?  NONE.  

    These are Republican talking points to misdirect folks like you ("the base") from thinking about the real issues where you and I are getting screwed, like income inequality, the 2%, JOBS, immigration reform, erosion of the Bill of Rights, unlimited corporate money in campaigns, disenfranchising voters, balanced approach to deficit reduction, deregulation has created Wild West conditions at banks, too big to jail, wage discrimination based on gender, equal pay for equal work, increased financial transparency and accountability, rebuild the middle class instead of CEO tax breaks, same rules for trillion-dollar institutions as rest of us, small businesses need a level playing field, new regulatory regime to protect financial consumers, scourge of the banking industry, on behalf of consumers, apply consumer protection rules to banks, etc..

    How many Repugnicans are pushing for these real issues?  

  • Because thom...it's politicaly correct horsecrap.

  • More interesting is why there are no Republican names on that letter.