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Obama’s Tax Proposals Beg the Question: Is He a Liar, or Just Ignorant?
North Star Writers Group ^ | September 24, 2007 | Matt Carrothers

Posted on 09/24/2007 5:59:10 AM PDT by John Galt 72

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1 posted on 09/24/2007 5:59:15 AM PDT by John Galt 72
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To: John Galt 72
Is He a Liar, or Just Ignorant?

How about both?

2 posted on 09/24/2007 6:01:16 AM PDT by alicewonders (Duncan Hunter. Seriously.)
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To: John Galt 72

Obama ain’t no ignant.


3 posted on 09/24/2007 6:02:06 AM PDT by counterpunch (Mitt and Kerry wish you a great Pride Weekend.)
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To: John Galt 72
These proposals seriously call into question Obama’s intellectual gravitas.

I question anyone who ever thought Obama had any intellectual gravitas.

4 posted on 09/24/2007 6:03:26 AM PDT by Always Right
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To: John Galt 72
"Yet millions of voters, fantastically ignorant..."

This is the key to it all.

5 posted on 09/24/2007 6:05:38 AM PDT by Eagles Talon IV
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To: alicewonders

>> How about both?

You beat me to it.

Ignorance and dishonesty are not mutually exclusive!

As evidence for my position, I give you... the Demo-rat Party.


6 posted on 09/24/2007 6:08:06 AM PDT by Nervous Tick
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To: John Galt 72

Ignorant liar...


7 posted on 09/24/2007 6:08:11 AM PDT by theDentist (Qwerty ergo typo : I type, therefore I misspelll.)
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To: John Galt 72
Is He a Liar, or Just Ignorant?

He's a Democrat.

8 posted on 09/24/2007 6:08:43 AM PDT by magellan
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To: John Galt 72

Yeah!!! Free Money for everyone! I want mine now and if I don’t get it I’m gonna hold my breath ...


9 posted on 09/24/2007 6:15:06 AM PDT by TexGuy
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To: John Galt 72

A home mortgage deduction for the homeless ?


10 posted on 09/24/2007 6:28:34 AM PDT by Eric in the Ozarks (Go Hawks !)
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To: John Galt 72

Before “reforming” Social Security, the politicians in Washington should first mandate that they themselves participate in it.


11 posted on 09/24/2007 6:33:17 AM PDT by VeniVidiVici (No buy China!!)
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To: alicewonders

He’s clean. Does that count?


12 posted on 09/24/2007 6:35:36 AM PDT by savedbygrace (SECURE THE BORDERS FIRST (I'M YELLING ON PURPOSE))
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To: John Galt 72

He is a lying steaming sack of badger crap. He is a pure socialist who wants to take what you have earned and give it to someone, through some commie program, who refuses to make an honest living on their own. Redistribution plain and simple.

We have to stand up and say no because this is what Hillary will do and what Edwards would do............all the theives are lining up.


13 posted on 09/24/2007 6:38:19 AM PDT by shankbear (Al-Qaeda grew while Monica blew)
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To: John Galt 72

yes....


14 posted on 09/24/2007 6:47:12 AM PDT by Dick Vomer (liberals suck....... but it depends on what your definition of the word "suck" is.,)
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To: John Galt 72
I say let’s do away with the pain of taxation altogether. Instead, we should invest in more Swiss-made intaglio printing presses and when various governmental bodies need funding, just print up more treasury paper. Neat and simple.
15 posted on 09/24/2007 7:06:43 AM PDT by trane250
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To: John Galt 72

He’s an empty suit who talks because he like the sound of his own voice.


16 posted on 09/24/2007 12:26:51 PM PDT by chiefqc
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To: trane250
do away with the pain of taxation altogether. Instead, we should invest in more Swiss-made intaglio printing presses and when various governmental bodies need funding, just print up more treasury paper. Neat and simple.
Neat and simple, in the short run.

In the long run (by which I do not mean centuries, nor decades, nor years - but months at the outside, perhaps weeks) people will react to the increase in the number of dollars by demanding more dollars for the same goods. This will require the government to accelerate its production of dollars, leading the people to accelerate their demand for payment and accelerate their spending in order to not hold a depreciating currency that was worth a loaf of bread when earned but will only be worth one slice of bread if held for a week.

The fallacy of the Phillips Curve theory of a tradeoff between inflation and employment lies in the fact that people respond not only to the number of dollars they are getting but the number of dollars everyone else is getting. The result of which is not merely constant inflation, nor even a constant rate of increase in inflation - the result is accelerating rate of increase in inflation which, in the case of no taxation at all and unchanged governmental spending as a percent of GDP, results in the collapse of the economy in a matter of months or perhaps a year. The economic collapse occurs because, even as the dollar supply diverges exponentially, the money supply collapses because the dollar ceases to be money at all.

And the government itself loses all credibility along with its currency. But hey - "Other than that, Mrs. Lincoln, how was the play?"


17 posted on 10/09/2007 6:31:29 AM PDT by conservatism_IS_compassion (The idea around which liberalism coheres is that NOTHING actually matters except PR.)
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To: conservatism_IS_compassion

I was being facetious, of course. The hard truth is that someday the government will have to crank up the printing presses to pay interest on the debt and also to redeem the “Baby Boomer” Social Security IOU’s that the Treasury issued for surplus FICA taxes collected and immediately spent by those horrid congressional mealy mouths.


18 posted on 10/09/2007 8:59:17 AM PDT by trane250
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To: John Galt 72

He’s a liar, of course, but he’s simply pandering to the rat “base” of parasites who don’t care about truth or anything else except “free” stuff.


19 posted on 10/09/2007 9:01:20 AM PDT by Lancey Howard
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To: trane250
the government will have to crank up the printing presses to pay interest on the debt and also to redeem the “Baby Boomer” Social Security IOU’s that the Treasury issued for surplus FICA taxes collected and immediately spent
The only good news on the SSTF front is that the tax liability of the IRAs of Retirement Boomers constitutes a significant savings pool toward the redemption of the "Trust Fund" IOUs . . . which becomes a major incentive for the government to make sure that the IRAs of the Boomers prosper.

20 posted on 10/09/2007 11:03:48 AM PDT by conservatism_IS_compassion (The idea around which liberalism coheres is that NOTHING actually matters except PR.)
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