Archive for the ‘Elections’ Category
May 14th, 2011 | 
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during tonight’s speech, Obama mentioned in more or less words that he planned to get rid of tax loopholes/expenditures to create revenue for investment spening in lieu of a proposed 5 year freeze on domestic spending. However I just can’t help but wonder exactly what makes Obama think that the above cuts, or even any others will create enough additional revenue for all of the spending he has in mind. Let’s rewind if you will to Obama’s 2009 state of the union, when he called for cuts in spending on government programs to do the same thing. Perhaps the only positive to come out of that was a reduction in the deficit, which was essentially offset by an increase in the national debt from $12 trillon to $14 trillion (today). So the question is how will it be any different this time, or rather how can Obama expect us to believe it will? The potential for failure is just too high, and frankly I belive it will be nothing short of a miracle if everything goes according to plan.
Mattie Owen
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1. In the Teapot Dome scandal, Albert B. Fall received bribes for
A) allowing private interests to drill for oil in a national park.
B) preventing federal prosecution of a member of the Ohio Gang.
C) promising immunity to businesses who overcharged the U.S. Navy.
D) allowing private interests to lease lands containing U.S. Navy oil reserves.
2. Herbert Hoover, as Secretary of State in the Coolidge Administration, encouraged economic growth by
A) creating and enforcing strict government regulations on big business.
B) directing the Bureau of Foreign and Domestic Commerce to help businesses locate new markets for their products.
C) lowering the tariffs on foreign goods to encourage competition.
D) deregulating the airline and radio industries.
3. The proposals made by Coolidge’s Secretary of State, Charles Evans Hughes, regarding limitations on weapons and warships resulted in
A) the Kellogg-Briand Pact.
B) the Hughes Plan.
C) the Five-Power Naval Limitation Treaty.
D) the Strategic Arms Limitation Act.
4. Coolidge believed part of his job as president was to make sure the government
A) interfered with businesses and industry as little as possible.
B) regulated big business to stabilize the economy.
C) participated regularly in world affairs.
D) became involved in social reform.
5. Which economic agreement involved American banks loaning money to help Germany pay reparations to Britain and France?
A) The Kellogg-Briand Pact
B) The Dawes Plan
C) The Mellon-Hoover Act
D) The Foreign Financial Assistance Program
6. What economic strategy did Andrew Mellon, Coolidge’s treasury secretary, advocate that involved lowering tax rates to help the economy grow?
A) Supply-side economics
B) Economic nationalism
C) Tax reduction economics
D) Economies of scale
7. Which of the following political philosophies did Warren G. Harding hold that later helped him win the presidency?
A) The United States should become a world power.
B) The U.S. government should reform society.
C) The U.S. government should help return life to what it was like before the war.
D) The U.S. government should repeal Prohibition.
8. Why was selecting a competent treasury secretary important during Harding’s administration?
A) The nation had been without a treasury secretary for four years.
B) It was an election pledge that Harding was determined to honor.
C) The nation faced a large, postwar national debt.
D) The Constitution demanded that cabinet members be of the highest caliber.
9. During Coolidge’s administration, what strategy was used by America to support peace in the world?
A) America increased its armed forces and supply of weapons.
B) America became a founding member of the World Court.
C) America helped create economic policies and treaties to limit increased weapon build-ups.
D) America joined the League of Nations.
10. Which of the following was a key foreign policy of Coolidge’s administration?
A) The Curtiss-Bell Agreement
B) The Foreign Relations Act of 1926
C) The Kellogg-Briand Pact
D) Joining the League of Nations
Cecelia Mcfeeters
or is it just talk to get elected.
Moses Bedsole
Pick ANY number whatsoever and the entire Democrat caucus WILL say it’s too small to matter and thus SHOULDN’T BE ALLOWED or it’s too big, will kill us all and thus shouldn’t be allowed.
Can you find the last exception to this?
Sorry I wasn’t clear. I mean in terms of total budget size, not specific program cuts.
Rosamaria Byon
Hope this will help.
1.The highest growth in the gross domestic product? Harry Truman, a democrat
2.The highest growth in jobs? Bill Clinton, a democrat
3.The biggest increase in personal disposable income after taxes? Lyndon Johnson, a democrat
4.The highest growth in industrial production? John Kennedy, a democrat.
5.The highest growth in hourly wages? Lyndon Johnson, you guessed it, a democrat
6.The lowest misery index (inflation plus unemployment)? Harry Truman, a democrat
7.The lowest inflation? Truman, a democrat
8.The largest reduction in the deficit? Bill Clinton, a democrat
• The Clinton administration presided over the longest peacetime economic expansion in U.S. history. When Clinton left office, there was a ten-year projected budget surplus of $1.6 trillion.
• In less than a year and a half, Republican George W. Bush wiped out that projected budget surplus, and within three years, he turned the $236 billion surplus he inherited into a $375 billion deficit.
Keep in mind that these figures are from George W. Bush’s first term. He has soared to new heights of fiscal irresponsibility during his second term and continues to set records in economic incompetence.
The national debt is now more than $10 trillion.
(thanks to Mick Youther and above quoted sources)
Violet Casteneda
I don’t have cable so I was not able to see it, but the Associated Press article had the following to say about it.
WASHINGTON – Democratic presidential candidate Barack Obama was less than upfront in his half-hour commercial Wednesday night about the costs of his programs and the crushing budget pressures he would face in office.
Obama’s assertion that “I’ve offered spending cuts above and beyond” the expense of his promises is accepted only by his partisans. His vow to save money by “eliminating programs that don’t work” masks his failure throughout the campaign to specify what those programs are — beyond the withdrawal of troops from Iraq.
A sampling of what voters heard in the ad, and what he didn’t tell them:
THE SPIN: “That’s why my health care plan includes improving information technology, requires coverage for preventive care and pre-existing conditions and lowers health care costs for the typical family by $2,500 a year.”
THE FACTS: His plan does not lower premiums by $2,500, or any set amount. Obama hopes that by spending $50 billion over five years on electronic medical records and by improving access to proven disease management programs, among other steps, consumers will end up saving money. He uses an optimistic analysis to suggest cost reductions in national health care spending could amount to the equivalent of $2,500 for a family of four. Many economists are skeptical those savings can be achieved, but even if they are, it’s not a certainty that every dollar would be passed on to consumers in the form of lower premiums.
___
THE SPIN: “I also believe every American has a right to affordable health care.”
THE FACTS: That belief should not be confused with a guarantee of health coverage for all. He makes no such promise. Obama hinted as much in the ad when he said about the problem of the uninsured: “I want to start doing something about it.” He would mandate coverage for children but not adults. His program is aimed at making insurance more affordable by offering the choice of government-subsidized coverage similar to that in a plan for federal employees and other steps, including requiring larger employers to share costs of insuring workers.
___
THE SPIN: “I’ve offered spending cuts above and beyond their cost.”
THE FACTS: Independent analysts say both Obama and Republican John McCain would deepen the deficit. The nonpartisan Committee for a Responsible Federal Budget estimates Obama’s policy proposals would add a net $428 billion to the deficit over four years — and that analysis accepts the savings he claims from spending cuts. The nonpartisan Tax Policy Center, whose other findings have been quoted approvingly by the Obama campaign, says: “Both John McCain and Barack Obama have proposed tax plans that would substantially increase the national debt over the next 10 years.” The analysis goes on to say: “Neither candidate’s plan would significantly increase economic growth unless offset by spending cuts or tax increases that the campaigns have not specified.”
___
THE SPIN: “Here’s what I’ll do. Cut taxes for every working family making less than $200,000 a year. Give businesses a tax credit for every new employee that they hire right here in the U.S. over the next two years and eliminate tax breaks for companies that ship jobs overseas. Help homeowners who are making a good faith effort to pay their mortgages, by freezing foreclosures for 90 days. And just like after 9-11, we’ll provide low-cost loans to help small businesses pay their workers and keep their doors open. ”
THE FACTS: His proposals — the tax cuts, the low-cost loans, the $15 billion a year he promises for alternative energy, and more — cost money, and the country could be facing a record $1 trillion deficit next year. Indeed, Obama recently acknowledged — although not in his commercial — that: “The next president will have to scale back his agenda and some of his proposals.”
Laura – Obama’s speech became meaningless when he entered Wright’s church and stayed there for 20 years listening to “Black Liberation theology” which is a twisted perversion of the Christian gospel and is heavily ****** to the point of wanting to see white people exterminated.
Obama was born to a Muslim father, he had a Muslim grandfather, he was raised
by a Muslim step father, taught as a boy in a Muslim school, tutored by a man who was a sexual ******* and socialist during his early boyhood, attended the church Wright pastored which had many Muslim members, has been praised by Quaddafi and Hamas – Muslim terrorists,
and in an absent-minded moment on tv slipped and said “My Muslim faith.”
His friends are terrorists and leaders who **** our nation and want her destroyed from without and within. He has not proven his citizenship, and his biggest campaign issue centered around race. He has promised that his future plans are heavily racial in purpose.
Christian? Never!
Obama voted 4 times against letting a baby receive medical attention if that baby survived an abortion. Fannie and Freddie paid him more than everyone but Chris Dodd and 39 times more than McCain. I believe McCain received a token payment to cover their tracks, and the big three; Dodd, Obama and Kerry were paid to keep their mouths shut or to continue their refusal to vote with Bush
regulate them. Obama has NEVER at any time declared he loves America, but has called our troops terrorists and has downgraded our Constitution. He has lied so many times about so many things
that it is hard to believe he means any of the things he says. He has vacillated on numerous issues, and has never instituted any legislation in his one year that he actually showed up for work in Illinois. He has can speak eloquently about nothing and people look beyond his lack of knowledge and experience like they are in a hypnotic trance. He is a fraud, and unworthy of the respect of any thinking person.
Iris Hepp
Well hopefully your eyes were opened to his deceitfulness:
WASHINGTON – Democratic presidential candidate Barack Obama was less than upfront in his half-hour commercial Wednesday night about the costs of his programs and the crushing budget pressures he would face in office.
Obama’s assertion that “I’ve offered spending cuts above and beyond” the expense of his promises is accepted only by his partisans. His vow to save money by “eliminating programs that don’t work” masks his failure throughout the campaign to specify what those programs are — beyond the withdrawal of troops from Iraq.
A sampling of what voters heard in the ad, and what he didn’t tell them:
THE SPIN: “That’s why my health care plan includes improving information technology, requires coverage for preventive care and pre-existing conditions and lowers health care costs for the typical family by $2,500 a year.”
THE FACTS: His plan does not lower premiums by $2,500, or any set amount. Obama hopes that by spending $50 billion over five years on electronic medical records and by improving access to proven disease management programs, among other steps, consumers will end up saving money. He uses an optimistic analysis to suggest cost reductions in national health care spending could amount to the equivalent of $2,500 for a family of four. Many economists are skeptical those savings can be achieved, but even if they are, it’s not a certainty that every dollar would be passed on to consumers in the form of lower premiums.
___
THE SPIN: “I also believe every American has a right to affordable health care.”
THE FACTS: That belief should not be confused with a guarantee of health coverage for all. He makes no such promise. Obama hinted as much in the ad when he said about the problem of the uninsured: “I want to start doing something about it.” He would mandate coverage for children but not adults. His program is aimed at making insurance more affordable by offering the choice of government-subsidized coverage similar to that in a plan for federal employees and other steps, including requiring larger employers to share costs of insuring workers.
___
THE SPIN: “I’ve offered spending cuts above and beyond their cost.”
THE FACTS: Independent analysts say both Obama and Republican John McCain would deepen the deficit. The nonpartisan Committee for a Responsible Federal Budget estimates Obama’s policy proposals would add a net $428 billion to the deficit over four years — and that analysis accepts the savings he claims from spending cuts. The nonpartisan Tax Policy Center, whose other findings have been quoted approvingly by the Obama campaign, says: “Both John McCain and Barack Obama have proposed tax plans that would substantially increase the national debt over the next 10 years.” The analysis goes on to say: “Neither candidate’s plan would significantly increase economic growth unless offset by spending cuts or tax increases that the campaigns have not specified.”
___
THE SPIN: “Here’s what I’ll do. Cut taxes for every working family making less than $200,000 a year. Give businesses a tax credit for every new employee that they hire right here in the U.S. over the next two years and eliminate tax breaks for companies that ship jobs overseas. Help homeowners who are making a good faith effort to pay their mortgages, by freezing foreclosures for 90 days. And just like after 9-11, we’ll provide low-cost loans to help small businesses pay their workers and keep their doors open. ”
THE FACTS: His proposals — the tax cuts, the low-cost loans, the $15 billion a year he promises for alternative energy, and more — cost money, and the country could be facing a record $1 trillion deficit next year. Indeed, Obama recently acknowledged — although not in his commercial — that: “The next president will have to scale back his agenda and some of his proposals.”
Brian
Stanton Somerset
Verlie Goldfield
“Obama issued a statement Tuesday on the new data, promising that he’d “bring real change by cutting taxes for middle-class families and small businesses, paying for all his proposals to reduce the deficit” and working toward fiscal responsibility. He’d let tax cuts for the wealthiest earners expire and would impose higher taxes on certain corporations.
However, the Brookings Institution-Urban Institute Tax Policy Center has found that Obama’s tax-reduction plan would increase the national debt by $3.5 trillion by 2018. McCain wants to leave existing tax cuts in place rather than let them expire, which the center said would add $5 trillion to the debt.”
http://news.yahoo.com/s/mcclatchy/20080909/pl_mcclatchy/3040652
James Donaghey