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Senator Clinton's Economic Plan - 1/11/2008 11:58:20 AM   
Mercnbeth


Posts: 11766
Status: offline 		Okay - One more serious Friday post...

Below is Senator Clinton's economic plan highlights. 

Banking welfare:
quote:

— Establishing a $30 billion Emergency Housing Crisis Fund to assist states and cities in mitigating the effects of foreclosures: “Her $30 billion fund would provide immediate, time-limited resources to states, cities and community organizations to help prevent unnecessary foreclosures. States and communities could also use the funds to offset the costs associated with vacant properties by supporting efforts like community-level anti-blight programs and helping local housing authorities buy up vacant properties and rent them to working families.”
Individuals, the same individuals who choose to get substandard loans on their sub-standard credit will be the focus, but the primary beneficiary will be the lending institutions. That "$30 Billion" will go to lenders who without those payments would have to write off those loans and take a loss or perhaps go out of business as they rightful should. Too bad Bank of American can't wait for this to be passed. They wouldn't have had to buy out Countrywide to cover up their mortgage portfolio problems. Then again, even BoA can't afford that many Billions being in default. Buying them at a discount and taking away the buy-back provisions gives them some time to cover the gap in their loss reserves.

quote:

— Providing $25 billion in emergency energy assistance for families facing skyrocketing heating bills: “The grants will the purchasing power of energy assistance to where it was five years ago. And they will ensure that hardworking families and seniors on fixed incomes will not have to choose between heating their homes, putting food on the table or purchasing prescription drugs this winter.”
Again - focus, the "hardworking" family; beneficiary the oil/energy companies. Who gets the dollars? Why isn't their current profit margin addressed in this case? Wouldn't the family have a better chance of paying if the cost was reduced? Conversely where will the pressure to reduce cost come from if $25 Billion of government money is now on the table to be picked up by the energy companies?
quote:

— Accelerating $5 billion in energy efficiency and alternative energy investments to jump-start green collar job growth: “The immediate actions that could be part of a 2008 stimulus could include a crash weatherization program to cut home energy costs by up to 20 percent this winter; expanded tax credits to encourage families and businesses to accelerate purchases of hybrids and other low-emission vehicles and to reduce energy costs by purchasing efficient appliances, new windows and other clean, efficient technologies; and acceleration of a Green Building Fund and green collar job training program to put tens of thousands of people to work making schools and other public buildings energy efficient.”
My personal favorite - the Al Gore Industry getting its payment. Focus on the family - payments to the source of those new windows. As I said before - I hope some of you joined me in buying stock in those companies producing all the new 'green' light bulbs. Time once again to check with your broker and find out who's getting this $5 Billion.

quote:

— Investing $10 billion in extending and broadening unemployment insurance for those who are struggling to find work: “By strengthening our unemployment insurance program and extending unemployment insurance for workers who are laid off for extended periods, this effort will empower more Americans to re-enter the labor market in good-paying jobs.”
Being paid longer not to work - That could be a banner at this year's conventions. Note the plural convention reference for those thinking I'm one sided. But my favorite part of this is the "good paying jobs" reference. How about getting rid of the illegal aliens currently making "good paying jobs" poor paying jobs? No - that would cause the Corporations to have to raise salaries. That's better used to fund political campaigns insuring future pay pack.

Source: http://www.politico.com/news/stories/0108/7842.html 

Enjoy your weekend everyone!

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RE: Senator Clinton's Economic Plan - 1/11/2008 2:04:25 PM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline 		If I were president I'd just declare bankruptcy and start all over again with a clean slate.
How are we supposed to pay back 9Trillion dollars anyway?
We can't even pay the vig on that money.

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RE: Senator Clinton's Economic Plan - 1/11/2008 2:11:12 PM   
Leatherist


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quote:

ORIGINAL: popeye1250

If I were president I'd just declare bankruptcy and start all over again with a clean slate.
How are we supposed to pay back 9Trillion dollars anyway?
We can't even pay the vig on that money.


China would have a fit-do you know how much of our debt they hold?

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RE: Senator Clinton's Economic Plan - 1/11/2008 2:20:11 PM   
Leatherist


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Status: offline 		Sounds like the usual democrat smoke and mirrors Merc.

No mention of where all of this cash will magically appear from however.

Care to guess?

http://www.youtube.com/watch?v=NZqzOGlRgDw





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RE: Senator Clinton's Economic Plan - 1/11/2008 3:01:10 PM   
Owner59


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From: Dirty Jersey
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Sounds like the usual democrat smoke and mirrors Merc

Perhaps you were out of the country at the time,but Bill Clinton did pretty well by America,and so will Hillary.

Hearing people ,who`s taxes never when up during Bill Clintons presidency, complain about tax hikes, is amusing.

Everyone knows that Bush sucks as president,in every category,from economics and taxes, to the war of terror and defence.

< Message edited by Owner59 -- 1/11/2008 3:02:08 PM >

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RE: Senator Clinton's Economic Plan - 1/11/2008 3:52:06 PM   
Stephann


Posts: 4214
Joined: 12/27/2006
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Status: offline 		Keep postin serious Buster, and I'll sick charlotte on you.  (Nevermind that she's never actually hit anyone with a flogger before... which is probably the more dangerous part.)

Truly, the Clintons continue to dazzle and delight.  In the same breath, she has made promises to the poor and underprivileged that they'll never see but will thank her for caring, while at the same time feeding the industry moguls who fuel her campaign.

I wonder how much stock the Clintons have in energy and mortgage companies?

I can't imagine a more disgusting politician.

Stephan


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RE: Senator Clinton's Economic Plan - 1/11/2008 4:12:49 PM   
Mercnbeth


Posts: 11766
Status: offline 		The bigger problem is that people perceive a distinction between the parties. Helping the poor by taxing the 'rich' is amusing enough. Taxing the corporations?! That is simply delusional. Tax an oil company $0.50 a gallon and the price at the pump goes up $0.55.
 
The announcement in Vegas today was that "no woman is illegal!" Yeah! Illegal immigration is now a gender based. Gotta keep those chickens plucked in Arkansas 'ya know! And NO American wants that work.

However...
quote:

Keep postin serious Buster, and I'll sick charlotte on you.  (Nevermind that she's never actually hit anyone with a flogger before... which is probably the more dangerous part.)
Hey man, I already threatened charlotte with 'fire-play' earlier - its only fair! You're not considering switching to the other side of the flogger are you? beth and charlotte at 2 paces with matching floggers presents a much better image! Although knowing beth - she would NEVER swing it.

Anyway - shouldn't you be packing?

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RE: Senator Clinton's Economic Plan - 1/11/2008 4:33:02 PM   
Stephann


Posts: 4214
Joined: 12/27/2006
From: Portland, OR
Status: offline 		Me?  Switch?  That'd be one of the sings of the Apocalypse ;)

Though I do think charlotte will be taking up the fireplay offer.  It's an idea we've been kicking around the house; after all, it plays right into our exhibitionist streaks.  Which, of course, also means minimal packing ;)  Honestly, I think charlotte would be more likely to drop the flogger in midswing... but she's never tried, so I think it'd only be fair to make sure she gets a chance one of these days.

Anyway, I made my tax contribution over on the flat tax discussion yesterday.  Consumers picking up the tab, to me, means no more social engineering on anyone's part.  You get paid?  It's yours.  You have a house?  It's yours.  You want to buy something in our capitalist market?  You get to pay for the institution that keeps that market free and safe.  Anything else leaves too many hands dipping into too many pies.

Hillary would say she was Venutian if she thought there were votes in it.

Stephan






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RE: Senator Clinton's Economic Plan - 1/11/2008 4:36:53 PM   
Leatherist


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Joined: 12/11/2007
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quote:

ORIGINAL: Owner59


Sounds like the usual democrat smoke and mirrors Merc

Perhaps you were out of the country at the time,but Bill Clinton did pretty well by America,and so will Hillary.

Hearing people ,who`s taxes never when up during Bill Clintons presidency, complain about tax hikes, is amusing.

Everyone knows that Bush sucks as president,in every category,from economics and taxes, to the war of terror and defence.


The funds come out of your pocket-I doubt Hillary or Bill have the means to foot the bill.

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RE: Senator Clinton's Economic Plan - 1/11/2008 6:30:17 PM   
cloudboy


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Seems to be about six (6) months cost for the IRAQ war.

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RE: Senator Clinton's Economic Plan - 1/11/2008 7:40:26 PM   
OrionTheWolf


Posts: 7803
Joined: 10/11/2006
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quote:

ORIGINAL: Owner59


Sounds like the usual democrat smoke and mirrors Merc

Perhaps you were out of the country at the time,but Bill Clinton did pretty well by America,and so will Hillary.


Doubtful Hillary will and Bill did pretty good, but not everything he did was golden. Could you list out her stances on the issues, as I have difficulty finding them.

quote:


Everyone knows that Bush sucks as president,in every category,from economics and taxes, to the war of terror and defence.


And this applies to Clinton's tax plan how? Is this what they call a Red herring? We start arguing about Bush, and forget about talking about Hillarious Clinton's Economic Plan? You mean like the idea to tax big business extra for making more money? You mean the big business that operates on a profit margin, and that tax will be an expense, and to make that profit margin they will just raise prices? You mean that the tax would actually just be paid by working Americans?

So can you tell us what is good about Hillarious's economic plan? How will it assist me as a small business owner? How will it increase the amount of small businesses (%80+ of jobs in this country are provided by small business)?

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RE: Senator Clinton's Economic Plan - 1/11/2008 8:38:12 PM   
Leatherist


Posts: 5149
Joined: 12/11/2007
Status: offline 		Exactly Orion.

All of these costs are passed down the line to the end users-the little people with mid range day jobs. Nothing is ever done to encourage small business owners to expand-and penalizing people for being sucesssful is never going to work as a growth incentive.

Deomcratic "tax savings" seem to work that way. It's the little guy who always pays for it.

What a wonderful and generous gesture-give it with one hand-take it way with the other.

But claim to be altruistic, because they know that people are too stupid to look at what really happens with thier "benefits".

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RE: Senator Clinton's Economic Plan - 1/12/2008 5:34:56 AM   
caitlyn


Posts: 3473
Joined: 12/22/2004
Status: offline 		All plans, by all candidates, can be picked apart while in the developmental, pre-compromise stage. The same is true, when and if they ever become law. Things are rarely, entirely good ideas, or entirely bad.
 
My questions would be, a) wouldn't this be a better thread, if you picked apart the views of all candidates on both sides?, b) do you plan on voting for the candidate that expresses no views?

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RE: Senator Clinton's Economic Plan - 1/12/2008 7:00:45 AM   
OrionTheWolf


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quote:

ORIGINAL: caitlyn

All plans, by all candidates, can be picked apart while in the developmental, pre-compromise stage. The same is true, when and if they ever become law. Things are rarely, entirely good ideas, or entirely bad.

 
In some cases though, the similarities of a plan to something else that has already been done, can be used as more evidence of it working or not working. You are also correct in that there are very few absolutes.

quote:

 
My questions would be, a) wouldn't this be a better thread, if you picked apart the views of all candidates on both sides?, b) do you plan on voting for the candidate that expresses no views?


The thread would need to be renamed, and each nominees idea added in sections. A discussion such as that often has more likelyhood of being derailed, since there are more possible tangents and red herrings.  

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RE: Senator Clinton's Economic Plan - 1/12/2008 8:13:48 AM   
Mercnbeth


Posts: 11766
Status: offline
quote:

My questions would be, a) wouldn't this be a better thread, if you picked apart the views of all candidates on both sides?, b) do you plan on voting for the candidate that expresses no views?

This is the first one expressing an 'economic plan'. Also the only won calling a criminal, taking tax money and benefiting from the US economy, legal and all similar others "legal" - her words not mine.

Whenever the other candidates post something similar, I'll be sure to comment. This was national news and being received as a panacea for the people. In reality it is corporate welfare closely associated with the PAC money supporting the Clinton campaign.

Regarding a candidate I support? My goal is to be able to vote FOR someone. Don't have one yet.

Rest assured the platform and goals for the presidency will be analyzed with similar scrutiny. Hope you and all others do the same regardless of party affiliation - however that's a fool's expectation in the face of the facts. There's woman for Clinton movement, blacks for Obama, senior citizens for McCain, Law & Order fans for Thompson, Mormons for Mitt, (Note - one more Republican than Dem.) As if voting for someone with similar physical, age, or religious (For some Law & Order is a religion) background insures they will do in office something for YOU. Good luck with that!

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