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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-26-09 04:21 PM
Original message
How much of this article is true?
http://freestudents.blogspot.com/2008/11/and-so-begins-obama-betrayal.html

:( :scared: :(

Let us begin with Obama’s alleged antiwar views. One of Obama's first appointments is Rahm Emanuel who was asked to be his chief-of-staff. When it comes to war, especially war in the Middle East, Emanuel is right up there with Dick Cheney and the neocons. One difference is that Emanuel doesn’t have the restraint of Cheney -- he is aggressive, threatening and demanding. He was also one of the people who sat on the board of the Federal Home Loan Mortgage Corporation which is partially responsible for the housing bubble that has caused so much pain to the economy, but he resigned that appointment when he decided to run for Congress.


Obama claims that these subsidies “will create jobs at a time of economic turmoil.” Okay, Obama is stupid or lying and I don’t think he’s stupid. These subsidies don’t create jobs anymore than the money he will be given the corporate elite is “new wealth”. He will take your wealth and give it to some rich guys. That isn’t new wealth at all. He is merely redistributing the wealth from the poor to the rich. And that is the same thing that will happen to the so-called “new jobs” which Obama is crowing about.

The higher taxes that he intends to impose on virtually every segment of the economy will destroy massive numbers of jobs. Those jobs disappear as consumers cut back in order to pay the new taxes which help Big Energy companies replace the profits lost to lower oil prices. Money is showered on the Big Energy companies and that will produce some jobs in those segments of the economy. But the process will destroy jobs everywhere else. It is highly likely Obama’s tax will destroy more jobs than it will redistribute, leading to a net loss of jobs. So not only will Mr. Obama impose a tax that hurts the poor mos,t he’ll also make sure there are more poor to be hurt by by destroying their jobs.

Obama says giving your income to wealthy energy companies will “help us transform our industries and steer our country out of this economic crisis by generating 5 million new green jobs that pay well and can’t be outsourced.” The man is a bald faced, blatant liar. Yes, this will transform industries by shutting down factories, closing stores, and destroying millions of jobs. And it will create some new jobs in the industries that he favors. And no doubt, the Big Energy companies will consider their investments in the Obama campaign well worth the investment.



SNIP

This is a perfect example of the way that Big Business uses new regulations to increase their profits. The Green Left hates Big Oil so they push for subsidies on “alternative fuels” which amounts to tax breaks for Big Oil. Once again the Left has handed corporate America a new means of fleecing the poor to support the ultra-rich.



Please read the ENTIRE article - it covers a lot; more than I can allowably copy.



Please do unrec this. I don't care about it going on the main page for one thing; I don't keep up with every article and when I read this one (after reading another forum room on DU where people says Obama has betrayed us) did I start looking and I don't want to think he has.

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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-26-09 04:23 PM
Response to Original message
1. Somebody is stupid or lying all right
What the fuck is this shit?

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HiFructosePronSyrup Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-26-09 04:25 PM
Response to Original message
2. How much is true? It's all opinion.
And yet somehow manages to be completely wrong.
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TheWraith Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-26-09 04:26 PM
Response to Original message
3. Just unsupported libertarian trash talk.
The things they present as being somehow obvious are, usually, just a lot of crap, group fantasies constructed out of their weekly Ayn Rand club meetings.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-26-09 04:31 PM
Response to Reply #3
4. Thank goodness.
I was utterly confused and confounded...
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