Obama and Unions

[Nester6]

GE posted the largest monetery gain in history and pays no taxes! Obama and GE ceo are best friends! They campaign together.
Also, the teacher unions love Obama because he gives them blank checks to waste in their local school districts and now there is outrage that education funds are being cut! In reality, education WASTE is being cut!

 

[Hot Mega]

GE posted the largest monetery gain in history and pays no taxes! Obama and GE ceo are best friends!

Therefore Obama made a specific tax code for them? If not, how does that square with the persistent argument by some that Obama is anti business?

They campaign together.

If you're talking about Jeff Immelt...(the same one who lavished praise on Reagan at the Reagan library) I didn't know he ran for public office.:dunno:

Also, the teacher unions love Obama because he gives them blank checks to waste in their local school districts and now there is outrage that education funds are being cut!

Government money is appropriated by congress in the US...not the POTUS.

In reality, education WASTE is being cut!

'In reality', wouldn't it be a good thing to cut waste?

 

[pete rose]

He was an integral part of the NWO, and at one point The Wolfpack.

 

[CunningStunts]

Rangel and the Senate are also cozy with GE and gave them huge breaks.

They are all crooks here in Washington... it's a sad day when I pay more taxes than General election.

I can only hope some of our friends on the left demand accountability for their leader's actions like they do for the GOP... this blatant corruption must be stopped.

 

[Hot Mega]

Rangel and the Senate are also cozy with GE and gave them huge breaks.

So in the tax code there are specific breaks ONLY GE is eligible for?

They are all crooks here in Washington... it's a sad day when I pay more taxes than General election.

Indeed.

I can only hope some of our friends on the left demand accountability for their leader's actions like they do for the GOP...

Everyone should be demanding fair accountability on both sides. Most on the left hammer the right because most on the right are quite inconsistent in when they 'demand' accountability.

 

[luvtheladies]

he was an integral part of the nwo, and at one point the wolfpack.

nWo 4 lyf!

 

[CunningStunts]

So in the tax code there are specific breaks ONLY GE is eligible for?

Indeed.




Everyone should be demanding fair accountability on both sides. Most on the left hammer the right because most on the right are quite inconsistent in when they 'demand' accountability.

http://www.thestreet.com/_yahoo/sto...trade.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

I agree that any and all corruption must be dealt with swiftly and severely regardless of their party. The problem is that these unions and companies give both parties money, the corruption is systemic and our system broken. The left and the right wing politicians are equally as bad, but right now, the Dems have been in power and like most cycles, their dirty laundry is coming out on a daily basis... it happens when one party is in power for a while it seems.

I still can't believe Reid got away with using the unions in NV to get keep his seat.

 

[Trident1]

Everyone praised the leftist Immelt back in '07 and '08. Now suddenly he's being thrown under the bus by liberals. Interesting.

 

[Hot Mega]

Everyone praised the leftist Immelt back in '07 and '08. Now suddenly he's being thrown under the bus by liberals. Interesting.

For you too...

Who's thrown Immelt under a bus? If you follow the thread, it's been suggested at least twice that 'liberals' are giving GE by association with Immelt special advantages. Even though it's patently silly to believe GE has gotten some specific tax advantage just for them...how is that liberals throwing him under a bus?

Forget the man Immelt for second as he's not really the target being attacked...Demos and Obama are... The counter to that was prove or show where there is a GE line in the tax code in order to back up the allegation against Demos and Obama. Not Immelt...

 

[meesterperfect]

http://www.thestreet.com/_yahoo/sto...trade.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

I agree that any and all corruption must be dealt with swiftly and severely regardless of their party. The problem is that these unions and companies give both parties money, the corruption is systemic and our system broken. The left and the right wing politicians are equally as bad, but right now, the Dems have been in power and like most cycles, their dirty laundry is coming out on a daily basis... it happens when one party is in power for a while it seems.

I still can't believe Reid got away with using the unions in NV to get keep his seat.

haha.......yeah, vote for me or else.
vote for me and i'll give you free lunch coupons.
plus all the complaints of rigged voting machines, even before the election was over.
Imagine how used and bamboozled they must have felt when the machine automatically checked reid and there wasn't a thing they could do about it.

And mega why you be arguing here?
Obama is just another crooked corrupt paid for politician, face it.

 

[Trident1]

For you too...

Who's thrown Immelt under a bus?

http://www.rollcall.com/news/feingold_to_obama_fire_immelt-204462-1.html



Pound sand.:hatsoff:

 

[Hot Mega]

http://www.rollcall.com/news/feingold_to_obama_fire_immelt-204462-1.html

Although I thought you were referring to posters in this thread....you did back up your point. Rep.

 

[pool_hustler]

I still can't believe Reid got away with using the unions in NV to get keep his seat.

I still can't believe the GOP chose Sharon Angle, of all people, to run against him

Talk about throwing away a plum just ripe and ready to be plucked....wow! :anonymous

 

[TheDiamondStudd]

Comrade Barry is a communist. Hilary Clinton, Susan Rice and Samantha Power are warmongers and psychopaths ( especially H. Clinton).

 

[Hot Mega]

Comrade Barry is a communist. Hilary Clinton, Susan Rice and Samantha Power are warmongers and psychopaths ( especially H. Clinton).

You clawed and scratched your way out of the lava encrusted tomb that Mt. Vesuvius laid just to post this?

Mt. Vesuvius was right.:o

 

[Rey C.]

GE posted the largest monetery gain in history and pays no taxes! Obama and GE ceo are best friends! They campaign together.

Not to pick on you, Nester, but not long after I joined this board, aren't you the fellow who claimed that banks had received "stipends" from the government for (specifically) offering loans to people who could not pay the money back? Yeah, I'm pretty sure that was you. And then when I chased you around trying to get clarification, you dodged me. :nono: Well, to put a point on it (again), that was a lie. And so is this, as GE's current tax payments are based on a tax code that was in place well before Obama took office. Google and Coca-Cola have effective tax rates which are lower than that for more than a few private citizens. Is that right? No, not in my opinion. But that's the way it is and that's the way it's been for years.

IMO, corporations hold too much influence over Congress (ya know, the guys who actually PASS LAWS in this country). But with the recent Supreme Court decision, my guess is their influence will just grow as the next election approaches. So as much as many believe that we need comprehensive tax reform (for corporations and individuals), I doubt that it will happen. The nominal corporate tax rate could be lowered, many of the tax breaks (like the ones that benefited GE in this case) could be eliminated and the effective tax rate would rise for many of the lucky dodgers in the Fortune 500 - and government revenues would rise.

I'm not defending Obama or anybody else on this shameful situation. But it would help if some of you could get your facts a little bit straight at least some of the time. FYI: Jeff Immelt is a lifelong Republican and he and Obama are hardly "best friends".

 

[Nester6]

Not to pick on you, Nester, but not long after I joined this board, aren't you the fellow who claimed that banks had received "stipends" from the government for (specifically) offering loans to people who could not pay the money back? Yeah, I'm pretty sure that was you. And then when I chased you around trying to get clarification, you dodged me. :nono: Well, to put a point on it (again), that was a lie. And so is this, as GE's current tax payments are based on a tax code that was in place well before Obama took office. Google and Coca-Cola have effective tax rates which are lower than that for more than a few private citizens. Is that right? No, not in my opinion. But that's the way it is and that's the way it's been for years.

IMO, corporations hold too much influence over Congress (ya know, the guys who actually PASS LAWS in this country). But with the recent Supreme Court decision, my guess is their influence will just grow as the next election approaches. So as much as many believe that we need comprehensive tax reform (for corporations and individuals), I doubt that it will happen. The nominal corporate tax rate could be lowered, many of the tax breaks (like the ones that benefited GE in this case) could be eliminated and the effective tax rate would rise for many of the lucky dodgers in the Fortune 500 - and government revenues would rise.

I'm not defending Obama or anybody else on this shameful situation. But it would help if some of you could get your facts a little bit straight at least some of the time. FYI: Jeff Immelt is a lifelong Republican and he and Obama are hardly "best friends".

Yes, you are correct. Yet, I don't see Obama racing to close this long established loophole.

 

[pete rose]

Comrade Barry is a communist. Hilary Clinton, Susan Rice and Samantha Power are warmongers and psychopaths ( especially H. Clinton).

Thanks for this new and interesting take on Barack Obama. Truly, you are a sage of this new technological america.

 

[Rey C.]

Yes, you are correct. Yet, I don't see Obama racing to close this long established loophole.

No, but I'll give him this much: at least he has spoken about the need for comprehensive tax reform... which is more than most of the current GOP leadership has done. What little they've said about the matter revolves around any (corporate) tax reform being revenue neutral. Just using simple math, most economists realize that the only way to attack the debt and deficit is by cutting spending AND increasing revenues. Funny how the GOP starts out talking about the need to rein in spending, but Boehner and the Boys were ready to sacrifice their testicles to make sure that the tax breaks that mainly benefited the wealthy stayed in place, isn't it? Didn't mind adding to the deficit to accomplish that, did they?

I'm not a Democrat or a Republican. And unless my mind begins to weaken or I turn to drink & drugs, I doubt I ever will be. Especially when it comes to domestic programs, the Democrats tend not to be in favor of spending cuts. And when it comes to defense and foreign aid, the Republicans always seem to have an excuse why that should not be cut. And neither side seems to have a workable (good) plan for reforming the tax code, so that it doesn't take a Harvard educated MBA with a JD to fill out a freakin' 1040!

Another gripe I have with the current (Taliban like) GOP leadership is their willingness to quickly oppose ANYTHING that Obama supports. Who was it just a week or so ago who was in favor of a no-fly zone in Libya? Haley "The Fat Man from Mississippi" Barbour? But as soon as Obama came out in support of that concept, Barbour was against it. Anyone who places their bets solely based on how their enemy feels about an issue is not someone who I think is fit for higher office. And Barbour I actually have some experience with. He was a lobbyist for a company I used to work for. That fat piece of crap would sell you 15 minutes of brothel time with his mother if the price was right. The Dems have their fair share of crooked characters too. But to my eyes, the GOP has fairly recently been taken over by a self-righteous, sanctimonious bunch of usurpers. So even if Obama came up with the greatest tax reform plan since Caesar Augustus, you can bet your last dollar that the GOP would oppose it. It's just how they operate these days.

I actually think that some of these Tea Party people have their hearts (if not their heads) in the right place. Yeah, some of them are kooks. But more than a few are decent hard working people, who just want to be left alone and would like the government to stop spending more than it brings in. Where it's going off the tracks is with the slick talking politicians who claim to be with the Tea Party faithful, but are instead just using them to get elected. It's just like Jimmy Swaggert and Jim & Tammy Faye Baker claiming to be good Christians just to get bigger donations from people with big hearts (and small brains).

 

[monicasilver]

The whole GE getting a refund thing is a fiasco.

In the 1950's corporations pulled ~30% of the tax burden, now it is down around 3-4% as I read it in this past week's issue of The Week.

I tend to believe in trickle down, but it is time to tighten the loop holes. Raise corporate and higher income earner taxes. At the same time I also think that we need to kill some of these unions that are not effecient and have politicians negotiating with them.

Laws protecting our businesses need to be looked at as well. It is ridiculous that you can get American drugs cheaper in Canada.