Drudge Retort: Red Meat for Yellow Dogs

"The best thing to happen to John McCain was for the three network anchors to leave him in the dust this week while they chase Barack Obama on his global Lollapalooza tour. Were voters forced to actually focus on Mr. McCains response to our spiraling economic crisis at home, the prospect of his ascension to the Oval Office could set off a panic that would make the IndyMac Bank bust in Pasadena look as merry as the Rose Bowl." So says Frank Rich in today's NYT.

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Bloomberg is not an idiot.

Why run as a VP candidate for a big loser?

Only Romney has the delusional ego to think they might win.

McCain already knows he's doomed.

Bloomberg has an ego that couldn't be crammed into Central Park. He he ain't no fool. Stidown's right: Why would he want to sign on to be a passenger on a plane with McCain up in the cockpit, fiddling with the joystick?

Sadly, the roster of candidates taken in total is cause for panic. They all think they can spend us out of this mess when it was spending that got us into this hole.

McCain's economic plan may be cause for panic but Barry's plan is recipe for a major depression.

I got to go with who's plan hurts me less.

"Barry's plan is recipe for a major depression"

How so?

just got this email..true?

INTERESTING DATA JUST RECEIVED ON TAXES & PROPOSED CHANGES IN TAXES
AFTER 2008 GENERAL ELECTION.)

Time to consider your pocketbook:

CAPITAL GAINS TAX


MCCAIN:
0% on home sales up to $500,000 per home (couples). McCain does not
propose any change in existing home sales income tax.


OBAMA:
28% on profit from ALL home sales

How does this affect you?

If you sell your home and make a profit, you will pay 28% of your
gain on taxes. If you are heading toward retirement and would like
to down-size your home or move into a retirement community, 28% of
the money you make from your home will go to taxes. This proposal
will adversely affect the elderly who are counting on the income from
their homes as part of their retirement income.


DIVIDEND TAX

MCCAIN : 15% (no change)

OBAMA : 39.6%

How will this affect you?

If you have any money invested in stock market, IRA, mutual funds,
college funds, life insurance, retirement accounts, or anything that
pays or reinvests dividends, you will now be paying nearly 40% of
the money earned on taxes if Obama becomes president. The experts
predict that 'Higher tax rates on dividends and capital gains would
crash the stock market, yet do absolutely nothing to cut the
deficit.'


INCOME TAX (find your bracket)

MCCAIN (no changes)

Single making 30K - tax $4,500
Single making 50K - tax $12,500
Single making 75K - tax $18,750
Married making 60K- tax $9,000
Married making 75K - tax $18,750
Married making 125K - tax $31,250

OBAMA (reverse all tax cuts)

Single making 30K - tax $8,400
Single making 50K - tax $14,000
Single making 75K - tax $23,250
Married making 60K - tax $16,800
Married making 75K - tax $21,000
Married making 125K - tax $38,750

Under Obama, your taxes will more than double!

How does this affect you? No explanation needed. This is pretty
straight
forward.


INHERITANCE TAX

MCCAIN 0% (No change, Bush repealed this tax)

OBAMA Restore the inheritance tax

How does this affect you?

Many families have lost businesses, farms, ranches, and homes that
have been in their families for generations because they could not
afford the inheritance tax. Those willing their assets to loved ones
will only lose them to these taxes.


NEW TAXES BEING PROPOSED BY OBAMA

New government taxes proposed on homes that are more than 2400 square
feet.

New gasoline taxes (as if gas weren't high enough already)

New taxes on natural resources consumption (heating gas, water,
electricity)

New taxes on retirement accounts, and last but not least....

New taxes to pay for socialized medicine so we can receive the same
level of medical care as other third-world countries!!!

THE FOREGOING IS SOMETHING YOU SHOULD BE AWARE OF. . .. IT SHOULD MAKE
YOU THINK BEFORE YOU CAST YOUR VOTE IN NOVEMBER.


Please spread the word. This will catch a lot of families off
guard.



@DANFORTH:

No, Not true. Very very out of context. Look it up on SNOPES.COM

I do not expect the man I vote for to be my President to know everything -- whether it's military tactics on how to wage war, use a computer, or know the in's and out's of the financial markets. Any President who thinks he "knows it all" about everything should never have been elected in the first place.

BUT I sure expect my President to have made sure he has picked advisors who DO know.
I also expect him to pick advisors who are moral, have my country's best interests at heart and are not crooks and scumbags trying to help their buddies make a fast and dirty corporate buck.

All you need to know about McCain to never vote for him is his choice of a corrupted and sleezy con man named PHIL GRAHAM to be his financial advisor. Graham -- who cut back on all the rules and regulations and was one of the key players in bringing about the subprime crisis. He was also involved in the S&L scandal of the late 80's and early 90's.

Graham, whose wife sat on the Board of Enron and helped destroy thousands of Americans' savings and investments via corrupt accounting shell games enabling investors and pensioners' monies to be diverted to non-existent companies and/or shoving it into off shore accounts. Phil Graham who is solidly in line with all of the Bush globalist free trade financial policies which have cost us millions of jobs, the biggest deficit in U.S. history and is now bringing our country down to rock bottom via a recession and a drastic dropping of the value of the dollar was McCain's choice to be our Secretary of Treasury if McCain got elected!

The ONLY reason Phil Graham is now longer with Johnny McClueless is because of Graham's slip of the tongue during a tv interview where he infuriated of 90% of Americans by calling them "a nation of whiners." The resulting howl was heard across the country forcing McClueless to dump his best buddy and con man.

If you are so dumb to consider voting for McCain that you want a continuation of the last 8 years of disasterous, and CORRUPT financial decisions, then McCain is your guy.

I'm not surprised McCain would pick a fellow con man like Graham. After all, "by their friends ye shall know them." What more would you expect from a fellow crook like McCain was neck deep in the the "Keating Five" S&L scandal not to mention another Bush -- brother Neil -- who help rob Silverado Savings and Loans and caused the loss of about $1 billion. Neil got off with a $50,000 fine which is peanuts.

McCain would never be in this campaign if he had not sold his soul to the Bush cartel to continue their policies. You've been warned. Take heed.

@DANFORTH:

www.snopes.com

Independant studies show under McCain's tax plan I will get a $319.00 reduction in my tax bill under Obama's tax plan I will get a $1,042.00 reduction in my tax bill.
1,042.00 - 319.00 = $723.00 more in my pocket under Obama, I like that!

lot of details at "Tax Policy Institute" in all categories
www.taxpolicycenter.org

Chris that is excellent advice, if Phil Graham is an advisor, was an advisor, will be an advisor then it is reason enough to vote against McCain.

"Please spread the word. "

And "The word" to spread is most of the above is bullshit.

Someone making $30,000 and paying $8400 in income taxes? Bullshit. The "taxes" in this missive are merely multiples of 28% and 15%. Whoever wrote this email didn't account for the standard deduction and the personal exemption, and falsely assumed ALL income is taxed at the same 15% or 28% rate, when the 28% rate only kicks in ABOVE a certain amount. Since this author is such a blithering idiot on this most basic of tax concepts, nothing else should be taken seriously. The fact is, at $30,000, NONE of your income is taxed at 28%.

Here's another obvious one:
"Many families have lost businesses, farms, ranches, and homes that have been in their families for generations because they could not afford the inheritance tax."

More bullshit. It happens rarely, and usually there's another factor involved, like dropping land prices. "Many" means what the author wants: if he decides ten is "many", that's what it is.

And another steaming pile:
"OBAMA (reverse all tax cuts)"

That's what the Republicans proposed, wrote, passed without a single Democratic vote, and signed into law. Obama had nothing to do with it.

"New taxes on retirement accounts"

Bullshit.

"If you have any money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes if Obama becomes president."

More crap: that marginal rate is only for those earning over $350,000, and it's only on the amounts over $350,000, Plus, things like IRAs are only taxed upon withdrawal, at that year's tax rate. Do you know many retirees making over $350K? As far as a college fund, most these can be deferred accounts, and when used, taxed at the student's rate, so while it's conceivable it would be 0%, it's doubtful the kid is making over $350K.

"The experts predict that 'Higher tax rates on dividends and capital gains would crash the stock market, yet do absolutely nothing to cut the deficit.'"

You can get "experts" to say anything. And the tax rates are the same as the Clinton era, where the stock market began at 3,242 and ended at 10,587, a rise of over 225%. The Bush era has seen the Dow rise just 8.59% in seven and a half years, to 11,497.
That doesn't even keep pace with inflation. This guy must be using the same "experts" who advise him on income tax rates.

Plus, things like IRAs are only taxed upon withdrawal, at that year's tax rate.

then what is the "new tax" on retirement accounts? could it be the "success tax" that was suspended some time back and perhaps Obama is suggesting bringing it back? It would apply an additional tax (10% comes to mind) on IRA withdrawals in excess of certain amounts.

"could it be the "success tax" that was suspended some time back and perhaps Obama is suggesting bringing it back?"

Perhaps?!? Perhaps monkeys will fly out of my ass.

Has Obama suggested bringing it back, or are you just making stuff up like the author of Bani's email?

Eberly it sure would be nice if you provided some links to all these "taxes" you claim Obama want to put in place. I'd especially like to see one for the "success" tax.
I think all REpublicans have is fear tactics, fear of homosexuals, fear of terrorists, fear of taxes, fear, fear, fear. How come no ideas???
Surely even you wouldn't try to claim that everything is great right now, so where are your ideas to fix it?

McCain's economic plan is no reason to panic, because he won't be president. May as well be concerned about my economic plan. Or Scooby Doo's.

Obama's, though, is a different matter. And on that front, I used to be a lot more worried than I am now. In the past few weeks we've seen that his principles--not to mention his closest friendships--are highly malleable. He's like Clinton in that respect: he believes he should be president, and everything else is negotiable.

Guess 'Obam' has all the answers - Riiiight

just got this email..true?

I consider those type of e-mails about as true as the ones that say Obama is a mooslim and that someone in Nigeria wants to give me $8 million to "use" my bank account to clear his inheritance.

Does anyone seriously think we are going to get out of the monetary mess Shrub & Co have gotten us into without increasing taxes to the rich? It won't happen! You cannot spend what you do not have and our government runs on the tax revenues paid by its' citizens. The wealthy among us have had 8 years of free rides and now it is time for those rides to come to an end. We can't afford the ticket price. While our country has been heading down the drain, our government has poured literally TRILLIONS of citizen tax dollars into the endless sands of Iraq. And what do we have to show for it? Our soldiers in Iraq were exposed to UNTREATED sewer water to wash in and TO DRINK. Our soldiers in Iraq were given showers that electrocuted them because of faulty wiring. Our soldiers were fed low-grade food for which we paid high-grade prices. Our soldiers were sent into battle under-armed and under-equipped, costing not only our tax dollars but more important THEIR LIVES. All this so Darth Cheney and his cohorts could raid our US Treasury of our treasure. It has to stop. We have to get this country back on track. My only fear is that the evil Genie Shrub & Co have unleashed won't go back into the bottle easily.

"Does anyone seriously think we are going to get out of the monetary mess Shrub & Co have gotten us into without increasing taxes to the rich?"

In KBR's case, that would mean kicking back a portion of ill-gotten gains. Kinda like a burglar dropping some loot from the swag bag on his way out the window. Part of the cost of doing business in a kakistocracy.

"whose wife sat on the Board of Enron"

Chris,

now we're supposed to judge according to the business activites of one's spouse? Does that mean we can assess Osama based on the lawsuits Michelle accepts?

What if Michelle helped some business owner get out of paying taxes? Is that Osama's fault?
---------
"the Board of Enron and helped destroy thousands of Americans' savings and investments via corrupt accounting shell games enabling investors and pensioners' monies to be diverted ..."

Chris,

You are being dishonest here and you know it. Anybody who lost their shirt with Enron was foolish for putting too much money into one investment. That's the first, elementary rule of investing.

The employees who plowed all their money into Enron were just as greedy as Ken Lay

*** Does that mean we can assess Osama based on the lawsuits Michelle accepts?...Posted by vernon ***

......there's a difference between a criminal and the lawyer who represents a criminal.......

......Michelle represents client, Cindy fucked thousands out of their savings.......

Please spread the word. This will catch a lot of families off
guard.

Posted by Bani at 2008-07-20 06:28 PM

One little problem with your thinking though...

We've had 8 years of the current tax structure - yet the average American has done worse. Except, of course, for the very wealthy.

Please explain.

Hey Vern, how many Teacher Retirement Systems almost went belly-up, leaving hundreds of thousands of people wondering what would happen to their retirement nest egg because the Systems were vested in Enron? You know, there were millions of people who were affected simply by Enron's theft of power in California! People who were subjected to brown-outs and black-outs whose lives depended on the electricity actually staying ON to run life-support equipment! What Enron did to the citizens of this country was beyond criminal and anyone who had ANYTHING to do with that - and most especially Phil GRAMM'S wife who sat on the board, should be seeing serious prison time. Too many went free. Isn't it a shame that the citizens who were hurt by that corporation weren't given second chances, too? And Mrs. Gramm was also responsible for pushing the "Enron Loophole" through Congress, allowing speculators to push up the cost of oil and natural gas, so now other corporations can also take our money and run. How many people are facing impossible choices between food, rent/mortgage payments and fueling the family car so they can get to work because of Mrs. Gramm? TOO MANY!

The employees who plowed all their money into Enron were just as greedy as Ken Lay

Posted by vernon at 2008-07-21 09:21 AM

Vern once again, you show your stupidity...

Employees of Enron were actively ENCOURAGED by upper management to buy the stock within their 401k plans... at the very same time Lay et al. were selling their holdings.

Then when the shit hit the fan, and everyone knew the stock was going to go down the toilet, the employees' 401k plans were "blacked out". No one could make any changes - including selling their shares.

PDA just propogated more of the Enron myths. Ken Lay wasn't selling off his Enron holdings, and during he 401k rollover-blackout period, Enron stock actually went UP.

Can't really blame you, though. There's a lot of bad information out there with respect to Enron.

"He's like Clinton in that respect:"

Yep, he will raise taxes and balance the budget. REstoring confidence in the dollar will bring jobs and prosperity as under Clinton. Then he will leave another surplus to be squandered by greedy Republicans and their cronies....unless America has finally learned its lesson and permanently rejects the Republican Party.

Oh, an email Bani?!?!?!

You fucking idiotic turd.

Frank Rich is the biggest LIBERAL ASSHOLE in the newspaper business.

The fact that Drudge would even carry this ASSHOLES article doesn't say much for Drudge's intelligence.

Frank (ASSHOLE) Rich is the reason the New York Slim is going down the tubes. Keep it up Rich, soon the New York Slim will be a give away sheet.

PS: DANNI, your an idiot!

If you read Frank's books, he has been more correct than anyone in Washington.

'The Greatest Story Ever Sold' would be a great place to start getting your facts straight.

Oh and Bani, as you say "Please Spread The Word" that you fell for a BS email. I have to think it isn't the first time for you.

Bani's Taxes Bull Shit

DAWNGO: How come you didn't blame Bush?

Plus you forgot to mention the Enron sham happened during the Clinton administration.

MANYPATHS: If you think Rich is correct in his ranting you must be a real liberal idiot.

Still sending all your taxes to California there Ozzie.

You have already displayed your level of ignorance to this crowd buddy.

Run along now boy......

The employees who plowed all their money into Enron were just as greedy as Ken Lay

Leaving much of the money in Enron stock was actually a condition of their employment, but that little fact wouldn't fit in with your line of bullshit.

Here's a picture of Oozie graduating "near the top of his class".

He is top row, far right.

www.4tucker.com

San: That picture is horrifying. Please, never do that again.

SANOBAMA: I THOUGHT YOU WENT TO AFGANISTAN WITH FLOP EARS?

"San: That picture is horrifying."

If you think THAT was bad, you should see Oozie's prom pictures!

Flop Ears is running for President of Europe.

WOW: I have really run into a "CROWD" of very intelligent liberals.

What happened, DANNI, APPARATCHIK, SANOBAMA, and MANYPATHS, did the Huffington Post kick you off her thread because you couldn't prove you graduated from grammar school?

RETHUGLICAN THEME SONG
(with plenty of Democrats in tow):

PRIVATIZE PROFITS, SOCIALIZE RISKS

LAA DEE DAA LAA DEE DAA

AND A HARDEE HAR HAR

DEMOCRATIC PARTY (Lawyers party).

Hey, Ozzie:

Not sure when I got up in your shit, but I just hate clowns.

I read HuffPo every once in a while but honestly, reading the verbal excrement of just about any media establishment is nauseating as 99% of the crap written is lacking in facts, thoughtful analysis, rational thought, or even a modicum of knowledge of the topic at hand. In this instance, I tend to agree with Rich, that McCain's plan of more-of-the-same is America's Hemlock. I think that Rich is missing much of the picture, however, in thoroughly gauging how truly fucked we are as an economic power.

I mean, honestly, Ozz, if he took some time to read some of your comments, he would have a more complete and thorough understanding of the real problem that plagues this country: a populace that is bereft of any intelligence or education coupled with that arrogant, point-your-finger attitude that commonly takes hold of weak and feeble-minded fools such as yourself. Perhaps if you bothered to suspend your ill-informed judgment for just one iota of a second and try to grasp even the most fundamental knowledge of the reality in which you live, you might just shut the fuck up for two seconds and learn something. Of course, what more should I expect from a person who likely gets his "knowledge" spoon-fed to him -- like an infant in a hi-chair -- via the soft glow of a cathode-ray tube (a fact that is made blatantly obvious by your incessant use of "liberal" as an epithet)?

And please, for your sake, don't bother replying. You'll simply make yourself appear even more pathetic and dim-witted than we already know you to be.

"Hey, Ozzie..."

Ouch!

Oozie - I think you need to check the timeline of the Enron Scandal. It is available on Wikipedia at en.wikipedia.org I hope the link works, If it doesn't, just go to Wikipedia and put Enron Scandal Timeline in the search engine. I've never really gotten the hang of posting links here. Anyway, you might notice that the active times for Kenny Lay and company seemed to be during the first Bush administration (mid to late 1980s) and during the LATE 1990s when the Repulsicans were back in power on the Hill.

I got an email saying a guy in Africa with my last name had died and left me $10million.

I hope, BANI, you got one too, since clearly you would believe it!

McCain has no plan for tax increases but he will balance the budget by the end of his first term.
I think he must have had an email from Africa too.

Which one of you gullible shit stains flagged Bani's false email as NEWSWORTHY?

This is NOT FNC. Please keep the bullshit away from the news!

Now really, fess up to it, who is the dumb fuck?

Leaving much of the money in Enron stock was actually a condition of their employment, but that little fact wouldn't fit in with your line of bullshit.

Posted by Whatsleft
* * * *

That's false too. Keep trying. Even a blind chipmunk stumbles upon the occasional acorn.


@DANFORTH:


www.snopes.com

Posted by unklegwar at 2008-07-20 06:32 PM


thank you...I was running late yesterday, so couldn't check it out:>)


**** WOW: I have really run into a "CROWD" of very intelligent liberals.
Posted by ozzieoswald *****

........it's relative........

.......any crowd you run into will seem unusually bright.....

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