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Replies to #1169 on POOPY STOCKS

stratocasterca

09/17/08 10:53 AM

#1170 RE: DeepBlue1 #1169

yeah, those boards are bad for serenity, that's for sure. LOL

i think there is only a tiny glimmer of difference between both candidates when you scrape away the rhetoric and blind promises. their war positions have essentially merged, and they can't even figure out what to argue about in terms of the market collapse.

obama has about a trillion dollars worth of initiatives he wants to fund, something for everyone, with no clear way to pay for it. especially with a concurrent tax cut. he now has backed off letting the bush tax break for the rich lapse, due to "fears of recession".

mccain wants to stop earmarks.. well, far out. 1% of the problem solved, the rest remains the same.

The tax on corporations that obama supports is not a good idea, IMHO, as it is regressive. Any increases in corporate taxes get passed on to the consumer, and the poorer people then pay a higher percentage of it than the wealthy, as a 50 cent tax on milk, for example, hits a poor person more, proportionately than a rich person in terms of percentage of income. So cutting taxes to the lower 95% and then saddling them with secondary hidden taxes from corporate tax bleed-downs is just smoke and mirrors.

but mccain doesn't have a plan that is any better.

the whole key is curbing spending, and i am not so sure obama will even do any better at that than bush did, including the war costs.

oh, and incidently, the vitriol on the gov board this morning is not the normal operating mode, i just finally had to flame back at a guy that had been bullying the board for a few days. which of course is stressful, and as you pointed out, not good for one's health.