Posted on 01/12/2009 11:36:57 AM PST by Federalist Patriot
Here is CNS News video of Bill O'Reilly saying he will not "second-guess" Barack Obama on his expected $1 Trillion Economic Stimulus Plan. O'Reilly said he believes has a "pretty good vision" of what has to happen to get the economy going again. When asked if more money is the answer to getting the economy moving, O'Reilly said "it has to help" if done wisely and with discipline.
Question: If a plan to spend $1 Trillion is not the time to "second-guess" a President, when is it time? . . . (watch video)
(Excerpt) Read more at freedomslighthouse.com ...
O’Reilly would “Loofah” Obama if he could.
I do more to drive the economy by being in work on time than the government does throwing money at ditch digging. O’Reilly has as much credibilty in economics as Obama does, which is none.
I just love all the talking heads who are now economic experts.
Since the one has not even outlined his plans for so called stimulus there really is nothing upon which to comment.
O’Reilly has as much credibilty in economics as Obama does, which is none.
O’Reilly has NO credibility at all on anything, including personal morality.
It’s really unfortunate that nobody has the guts to sit down with Bill and explain to him what an idiot he is.
Ted Baxter chiming in.
LOL! Ted Baxter!
Do the math, Bill.
$1T / 3.5M Jobs = ~$280K/Job
= 7 Years of Pay
We could pay the 3.5M people to stay home for 5 years. It would be cheaper.
Hand your President a plan that works, O”Reilly, we already know Øbama doesn’t have a plan, but a Dubious Democrat Agenda;
Pro-Growth Tax Agenda
John McCain believes taxes should be low, simple, and fair and has a track record of commitment to these principles.
Pro-Growth Tax Policy
* Keep Tax Rates Low: Entrepreneurs are at the heart of American innovation, growth and prosperity. Entrepreneurs create the ultimate job security — a new, better opportunity if your current job goes away. Entrepreneurs should not be taxed into submission. John McCain will fight the Democrats’ crippling plans for a tax increase in 2011. Left to their devices, Democrats will impose a massive $100 billion tax hike, almost $700 per taxpayer every year.
* Make It Harder To Raise Taxes: John McCain believes it should require a 3/5 majority vote in Congress to raise taxes.
* Cut The Corporate Tax Rate From 35 To 25 Percent. A lower corporate tax rate is essential to U.S. competitiveness. America was once a low-tax business environment, but as our trade partners lowered their rates, America failed to keep pace, leaving us with the second-highest rate among the world’s advanced economies.
* Reward Saving, Investment and Risk-Taking: Low taxes on dividends and capital gains promote saving, channel investment dollars to innovative, high-value uses and not wasteful financial planning. John McCain will keep the current rates on dividends and capital gains and fight anti-growth efforts by Democrats.
* Allow First-Year Deduction, Or “Expensing”, Of Equipment And Technology Investments. Expensing of equipment and technology will provide an immediate boost to capital expenditures and reward investments in cutting-edge technologies.
Pro-Innovation Tax Cuts
* Ban Internet Taxes: John McCain believes we must make a farsighted, robust, and fervent commitment to innovation and new technologies to sustain our global competitiveness, meet our national security challenges, achieve less costly and more effective health care, reduce dangerous dependence on foreign sources of oil, and raise the quality of education in the United States. John McCain has been a leader in keeping the Internet free of taxes. As President, he will seek a permanent ban on taxes that threaten this engine of economic growth and prosperity.
* Ban New Cell Phone Taxes: John McCain understands that the same people that would tax e-mail will tax every text message — and even 911 calls. John McCain will prohibit new cellular telephone taxes.
* Establish Permanent Tax Credit Equal To 10 Percent Of Wages Spent On R&D. This reform will simplify the tax code, reward activity in the United States, and make us more competitive with other countries. A permanent credit will provide an incentive to innovate and remove uncertainty. At a time when our companies need to be more competitive, we need to provide a permanent incentive to innovate, and remove the uncertainty now hanging over businesses as they make R&D investment decisions.
Retirement Tax Cut
* Lower Medicare Premiums: Seniors face a growing threat from higher Medicare premiums that tax away their Social Security and retirement savings. John McCain has proposed comprehensive, pro-market health care and Medicare reforms to reduce health care costs and control increases in premiums — while delivering high-quality health care.
REFORMING WASHINGTON TO REGAIN THE TRUST OF TAXPAYERS
Wasteful spending in Washington has gone from irresponsible to indefensible. Right now, even the government reports that one-fifth of programs are receiving failing marks. John McCain will restore the trust that Americans have lost in their government spending their hard earned money wisely. (John McCain’s detailed government reform plan may be found here.)
Eliminating Wasteful Spending
* Stop Earmarks, Pork-Barrel Spending, And Waste: John McCain will veto every pork-laden spending bill and make their authors famous. As President, he will seek the line-item veto to reduce waste and eliminate earmarks that have led to corruption. Earmarks restrict America’s ability to address genuine national priorities and interfere with fair, competitive markets.
* Leadership, Courage And Choices: Reduced spending means making choices. John McCain will provide the courageous leadership necessary to control spending, including:
o Eliminate broken government programs. The federal government itself admits that 1 in 5 programs do not perform.
o Reform our civil service system to promote accountability and good performance in our federal workforce.
o Eliminate earmarks, wasteful subsidies, and pork-barrel spending.
o Reform procurement programs and cut wasteful spending in defense and non-defense programs.
Budgetary Reform To Give Tax Cuts A Fair Chance
* Congress Has Unfairly Stacked The Deck To Spend More And Raise Taxes.
o If a spending program is on the books, budgets assume that it is on the books forever — and continues to grow — even if the law says it expires.
o If low taxes are on the books, budgets don’t assume that they last forever. When they expire, those taxes are automatically raised.
o John McCain will reform budgeting to treat equally spending and taxes and to stop damaging tax hikes.
Billy knows he’ll never get that coveted Hussein interview if he starts spreading facts around.
And of all the dumb poll questions that could be asked, BOR has one of the dumbest: “Do you want Obama to succeed?”
No one in his right mind would be willing to answer that question since the word “succeed” is subjective and it’s not spelled out as to what his “success” would entail.
No way do I want him to be successful in totally destroying the middle class by implementing any of the Commie/Socialist ideas he ran on.
O'Reilly and Kennedy give the Irish a bad name.
Too bad it is only a degree in Journalism and so he has no credibility when it comes to anything substantial.
What a long lingering disappointment.
That’s a good thing since O’Reilly doesn’t have the brains to second guess a chicken.
Obama really got into his head during that interview. I hope the rest of the Fox News personalities and the conservative radio hosts stay miles away from that confidence man /bamboozler / hustler / conman / crook / thief / shister /sweet talker.
Bill O’Reilley, you are under a spell!
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