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pssst....Obama campaign....would you PLEASE use what's on your website to talk about the economy?

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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:00 AM
Original message
pssst....Obama campaign....would you PLEASE use what's on your website to talk about the economy?
http://www.barackobama.com/issues/economy/#trade

Trade

Obama and Biden believe that trade with foreign nations should strengthen the American economy and create more American jobs. He will stand firm against agreements that undermine our economic security.

* Fight for Fair Trade: Obama and Biden will fight for a trade policy that opens up foreign markets to support good American jobs. They will use trade agreements to spread good labor and environmental standards around the world and stand firm against agreements like the Central American Free Trade Agreement that fail to live up to those important benchmarks. Obama and Biden will also pressure the World Trade Organization to enforce trade agreements and stop countries from continuing unfair government subsidies to foreign exporters and nontariff barriers on U.S. exports.
* Amend the North American Free Trade Agreement: Obama and Biden believe that NAFTA and its potential were oversold to the American people. They will work with the leaders of Canada and Mexico to fix NAFTA so that it works for American workers.
* Improve Transition Assistance: To help all workers adapt to a rapidly changing economy, Obama and Biden will update the existing system of Trade Adjustment Assistance by extending it to service industries, creating flexible education accounts to help workers retrain, and providing retraining assistance for workers in sectors of the economy vulnerable to dislocation before they lose their jobs.
* End Tax Breaks for Companies that Send Jobs Overseas: Barack Obama and Joe Biden believe that companies should not get billions of dollars in tax deductions for moving their operations overseas. Obama and Biden will also fight to ensure that public contracts are awarded to companies that are committed to American workers.

* Reward Companies that Support American Workers: Barack Obama introduced the Patriot Employer Act of 2007 with Senators Richard Durbin (D-IL) and Sherrod Brown (D-OH) to reward companies that create good jobs with good benefits for American workers. The legislation would provide a tax credit to companies that maintain or increase the number of full-time workers in America relative to those outside the US; maintain their corporate headquarters in America if it has ever been in America; pay decent wages; prepare workers for retirement; provide health insurance; and support employees who serve in the military.


These are all winners...but PLEASE bring up the fact that you want to stop the shipping of jobs overseas.
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:11 AM
Response to Original message
1. kick n/t
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:12 AM
Response to Original message
2. He has mentioned it and Biden mentioned it in the debate with Mooselady
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:14 AM
Response to Reply #2
3. I do not believe Biden or Obama has mentioned they will support repeal of tax breaks for
companies that ship jobs overseas.

I will check the transcripts.
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:16 AM
Response to Reply #3
5. He says it ALL the time.. In fact that is what first attracted me in
July 2007,.. He was the first to say it. That has been one of the cornerstones of his economic plan
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:28 AM
Response to Reply #5
9. I can find NO mention in the transcript from last night's debate n/t
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:21 AM
Response to Reply #2
7. Transcript of Biden-Palin debate-- please show me where Biden mentioned it
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1corona4u Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:14 AM
Response to Original message
4. I've heard him say it a lot.
Almost every tine he's on the tee vee.
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:19 AM
Response to Reply #4
6. During the debates? n/t
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:31 AM
Response to Reply #6
10. In Biden's debate right here:
"The bottom line here is that we are going to, in fact, eliminate those wasteful spending that exist in the budget right now, a number of things I don't have time, because the light is blinking, that I won't be able to mention, but one of which is the $100 billion tax dodge that, in fact, allows people to take their post office box off- shore, avoid taxes."

Off shore taxes. Closing the loophole. Biden mentioned it. I don't think Obama did. Hopefully he will in the next debate.
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:33 AM
Response to Reply #10
12. No, that's not the same thing. n/t
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:38 AM
Response to Reply #12
13. Here is the tax break I'm referring to--
Edited on Wed Oct-08-08 09:39 AM by antigop
http://www.usatoday.com/money/perfi/taxes/2008-03-20-corporate-tax-offshoring_N.htm

At issue is the U.S. tax code's treatment of profits earned by foreign subsidiaries of American corporations. Profits earned in the United States are subject to the 35% corporate tax. But multinational corporations can defer paying U.S. taxes on their overseas profits until they return them to the USA — transfers that often don't happen for years. General Electric, for example, has $62 billion in "undistributed earnings" parked offshore, according to recent Securities and Exchange Commission filings. Drug giant Pfizer boasts $60 billion. ExxonMobil has $56 billion.

"If you had two companies in Pittsburgh that both were going to expand capacity and create 100 jobs, our tax code puts the company who chooses to put the plant in Pittsburgh at a competitive disadvantage over the company that chooses to move to a tax haven," says former White House economist Gene Sperling, a Clinton adviser.


This is not the same as what Biden was referring to.

It is the tax break that is referred to on the Obama campaign website.
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:27 AM
Response to Original message
8. Transcript of second debate -- I can find NO mention....
http://www.cnn.com/2008/POLITICS/10/07/presidential.debate.transcript/

He did mention it in the first debate, but I didn't hear anything last night
First debate transcript

http://www.cnn.com/2008/POLITICS/09/26/debate.mississippi.transcript/

OBAMA: I -- I don't know where John is getting his figures. Let's just be clear.

What I do is I close corporate loopholes, stop providing tax cuts to corporations that are shipping jobs overseas so that we're giving tax breaks to companies that are investing here in the United States.
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:32 AM
Response to Original message
11. He needs to mention it in the debates. n/t
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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 11:41 AM
Response to Original message
14. K&R
I want to hear more of this:

* End Tax Breaks for Companies that Send Jobs Overseas: Barack Obama and Joe Biden believe that companies should not get billions of dollars in tax deductions for moving their operations overseas. Obama and Biden will also fight to ensure that public contracts are awarded to companies that are committed to American workers.

If he pounded these issues home, he'd have a 20 pt. lead over Obama!
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ChromeFoundry Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:01 PM
Response to Original message
15. Agreed. Very Important Issues! n/t
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ihavenobias Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:12 PM
Response to Original message
16. To the greatest n/t
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Azlady Donating Member (889 posts) Send PM | Profile | Ignore Wed Oct-08-08 12:21 PM
Response to Original message
17. These are so important
I believe Obama did say in the debate last night that we need to stop giving tax breaks to Corporations that take jobs overseas.
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:47 PM
Response to Reply #17
19. I can't find any reference in the transcript. If you can, please post. Thx.. n/t
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TooRaLoo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:22 PM
Response to Original message
18. He spent quite a bit of time on this just now in Indiana. nt
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 12:48 PM
Response to Reply #18
20. Great! He needs to hit everyone of those points in the OP--at every opportunity. n/t
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yodermon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 01:21 PM
Response to Original message
21. Huh? he says that in every stump speech.
actually the first 3 bullets get less airplay, and should bear repeating.
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 01:55 PM
Response to Reply #21
22. He needs to mention all of those bullets during the debates. n/t
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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 02:00 PM
Response to Original message
23. Did you call or email the Obama campaign and suggest this?
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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 03:04 PM
Response to Reply #23
24. Yes, I did. I'm hoping his campaign also reads DU. n/t
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