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Obama to Allow Bush Tax Cuts to Expire on Schedule
Al Reuters ^ | February 21, 2009 | Staff Writer

Posted on 02/21/2009 4:27:02 PM PST by Diana in Wisconsin

click here to read article


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To: Just mythoughts

At the rate they are destroying the economy this bunch will have to make this tax hike retroactive to all those who got a tax cut under George W. Bush. They apparently have figured out the fast track to make US a third world nation. And they are having the ‘party’ of their lives getting up each day flipping US off again and again.
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I think you’re right ,, they might just do that (make tax increases retroactive) just like clintoon did... the “pay as you go” statements O made yesterday may just be the beginning of a drumbeat in that direction...and needless to say undermining stability in such a way would work amazingly well into his Marxist jihad by pumping up his supporters with wealth envy/hatred and killing jobs and investable funds..


281 posted on 02/24/2009 3:10:17 AM PST by Neidermeyer
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To: Religion and Politics

I smell a troll. It sounds like it’s time for you to leave this website.


282 posted on 02/24/2009 5:45:32 AM PST by ohioman
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To: ohioman
I smell a troll. It sounds like it’s time for you to leave this website.

Who do you think you are? The FR whip? Smell what you want. I'm not leaving and I'm not here inappropriately. However, there is company here that I more and more don't enjoy keeping.

283 posted on 02/24/2009 9:24:27 PM PST by Religion and Politics
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To: Religion and Politics

To put it honest, there will never be any love here for a commmunist like Obama.


284 posted on 02/25/2009 5:53:35 AM PST by ohioman
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To: Chgogal

The good news it didn’t go below 7000....

Where do we go from here?
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“Further”


285 posted on 03/02/2009 12:41:23 PM PST by Neidermeyer
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To: Neidermeyer

I’m betting 5000.


286 posted on 03/02/2009 8:56:24 PM PST by Chgogal (Don't look at me, Comrade. You elected them!)
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To: Chgogal

I just read on Marketwatch that “strategists at Deutsch bank see this as a buying opportunity” ... all I can say is “SUCKERS!”

BTW futures are slightly up ,,, of course it’s just manipulation to try and bring buyers in..

Yesterday “O” announced he was going forward trying to take over health care,, several comments about fixing the healthcare crisis and such while announcing the HHS candidate...

What were the “jobs” numbers .. did I miss them yesterday?


287 posted on 03/03/2009 3:56:47 AM PST by Neidermeyer
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To: Neidermeyer
I was in a meeting all day yesterday. I didn't hear or see anything after wards. Must be bad numbers or we would have heard. I'm pretty sure Drudge would have had them up. I saw nothing in the news last night. I'm going back in at around 5,000. How much below 5,000 do you think it will go?
288 posted on 03/03/2009 5:18:13 AM PST by Chgogal (Don't look at me, Comrade. You elected them!)
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To: Chgogal

How much below 5,000 do you think it will go?
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I don’t want to play that game ... Just today Obama’s tool , Bernanke , proclaimed we need higher taxes and the market dropped about 150 in 10 mins. ..

expiration of cap gains reduction

Obama’s poised to remove the salary cap on SS taxation

Higher tax brackets for all with expiration of bush tax cuts

Obama has said twice in the last week that he was going to “do something” about healthcare

If you feel you must be in the market be short,, preferably with a ETF FUND such as SRS or any of the other Proshares Ultrashorts...


289 posted on 03/03/2009 12:37:39 PM PST by Neidermeyer
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