FIB wrote:
Jus shareing an email I got from my good friend Barack.
Bring about real change to our economy
$1,000 Tax Cut for Middle Class American Families
Obama and Biden will cut income taxes by $1,000 for working families, because the economy needs to be revitalized from the bottom up, not top down. Read more »
Great, we get to give another 1k to the folks who already pay $0.
Energy Rebates
Obama and Biden will enact a windfall profits tax on excessive oil company profits to give American families an immediate $1,000 emergency energy rebate to help families pay rising bills. Read more »
What is considered windfall? When do the refining companies decide to only produce enough fuel in the US to meet that mark and refine the rest in Cuba.
Create Jobs through Fair Trade
Obama and Biden believe that trade with foreign nations should create American jobs, not send them overseas. They will stand firm against agreements that undermine our economic security. Read more »
Works for me, how are we going to presure the Chinese and other south asian countries to pay their workers a "living wage" plus health and pension benefits until they die like our Union folks have?
Create 5 Million Green Jobs
Obama and Biden believe that we should invest in innovation and manufacturing jobs in the growing clean energy market, freeing us from our dependence on foreign oil within a decade and creating 5 million green jobs. Read more »
Thru freemarket practice or Govt regulation?
New Jobs Through National Infrastructure Investment
Obama and Biden believe that rebuilding our highways, bridges, roads, ports, air, and train systems will create jobs, ensure safety, and bolster our long-term competitiveness. Read more »
Wait just a dang minute here, the highway heavy Unions aren't going to give up their jobs or cut their wages\profits to compete with some Govt set price structure so how do we pay for this plus keep the Unions wages, pensions, healthcare?
Technology, Innovation and Creating Jobs
Obama and Biden will increase federal support for research, technology and innovation for companies and universities so that American workers can lead the world in cutting edge jobs and products. Read more »
I'm good with that, this is exactly where new technologies should be drempt up and then students implement them in the real world. Just hope those students stay here.
Support Small Business
Obama and Biden will level the playing field for small business by eliminating all capital gains taxes on start-up and small businesses. Read more »
Capital gains or income takes? So you only benefit if you sell your company?
Labor
Obama and Biden will strengthen the ability of workers to organize for good wages, healthcare, and secure pensions. Obama and Biden will fight for passage of the Employee Free Choice Act. Obama and Biden will ensure that labor appointees support workers' rights and will work to ban the permanent replacement of striking workers. Obama and Biden will also increase the minimum wage and make sure it remains a real wage year over year. Read more »
Flies in the face of about half of the "will do's" listed above.
Protect Homeownership and Crack Down on Mortgage Fraud
Obama and Biden will crack down on fraudulent brokers and lenders. They will make sure homebuyers have honest and complete information about their mortgage options, and they will give a tax credit to all middle-class homeowners. Read more »
This also has to have teeth for the borrowers, no more walking away from bad credit decisions.
Address Predatory Credit Card Practices
Obama and Biden will establish a five-star rating system so that every consumer knows the risk involved in credit card borrowing. They will establish a Credit Card Bill of Rights to stop credit card companies from exploiting consumers with unfair practices. Read more »
Credit lines of no more than 1 times a persons monthly income after taxes. If you can't pay for it next month don't buy it.
Reform Bankruptcy Laws
Obama and Biden will reform our bankruptcy laws to protect working people, to ban executive bonuses for bankrupt companies, and to require disclosure of all pension investments. Read more »
Protect working people from what??? Not paying their bills and walking away from debt?
Work/Family Balance
Obama and Biden will help working families by doubling funding for after-school programs, expanding the Family Medical Leave Act. They will provide low-income families with a refundable tax credit to help with their child-care expenses, and encourage flexible work schedules. Read more »
Could all be handled with a $ increase of the dependant care pre-tax program that is already in place.