T h e ____ N e w ____ P l a n

[obamashow]

Run time: 05:52 https://www.youtube.com/watch?v=O1O5DJr5WJY   Posted on YouTube: September 26, 2008 By YouTube Member: Views on YouTube: 0   Posted on DU: September 26, 2008 By DU Member: obamashow Views on DU: 688

 
T h e ____ N e w ____ P l a n / "Compromise Plan"

Make no mistake about it, I'm an Obama supporter, but I sure would like to see Obama DROP Bush's $700 billion plan and incorporate this New Plan into an even newer "Compromise Plan" inclusive of the elements Obama has endorsed thus far.

I do NOT want to give Wall Street $700 billion of our tax dollars!

Where did the $700 billion figure come from? Paulson said he pulled it out of his butt. (paraphrased)

We still need to outlaw short selling of stocks, derivatives and ABOLISH the Federal Reserve - the private banking institution ruling our lives. ""

We STILL NEED regulation and law enforcement on Wall Street!

I am not suggesting Obama adopt this "New Plan" "as is." NO!

I am suggesting taking the best of both plans and coming up with an even newer, "Compromise Plan," as I said.

I wrote above that we still need MORE REGULATION! - not less regulation.

I'm all for NOT GIVING Wall Street $700 billion dollars - even with pre-conditions attached.

This guvmint insurance idea seems like a good element for Obama to incorporate into a "Compromise Plan" WITHOUT the $700 billion giveaway.

[lapfog_1]

1. If Obama plays follow the leader and endorses the "New Plan"

as you call it, he is toast.

And the "New Plan" is bullshit... have you looked at the details?

No corporate taxes for two years. No capital gains taxes ever. That's supposed to bring hundreds of billions of cash currently sitting on the sideline into the markets. Right. And don't forget that there will be LESS regulation of the financial industry. And here I thought (silly me) that it was all that deregulation that caused our problems in the first place.... little did I know that it was really too much regulation!!! :sarcasm:

[obamashow]

3. Hold on Bubba.........I agree with you.......somewhat.....

Hold on Bubba.........I agree with you...somewhat.....

I am not suggesting Obama adopt this "New Plan" "as is." NO!

I am suggesting taking the best of both plans and coming up with an even "Newer Plan," as I said.

I wrote above that we still need MORE REGULATION! - not less regulation.

I'm all for NOT GIVING Wall Street $700 billion dollars - even with pre-conditions attached.

This guvmint insurance idea seems like a good element for Obama to incorporate into a "Newer Plan" WITHOUT the $700 billion giveaway.

We need a flat tax on all companies grossing $100 million a year or more; I'm all for eliminating the captial gains tax.....We can make those funds up by cutting the bloated DOD budget..I had to pay $50,000 due to some goddamn "capital gains taxes."

""

[ElsewheresDaughter]

2. I really hope no dems fall for this Bush/Rovian election stunt by agreeing to this bailout

[mr1956]

4. "New Plan" is NOT supported by Sen Obama

The information you've listed about Capital gains taxes and less regulation is the plan that was presented by the House Republicans. This New Plan is the one that McCain supports "in principal" and does not include the 700B to go to Wall Street. They propose the people issue some type of insurance policies but offer no information on that cost (as far as I know).

The plan that Obama supports has oversight, more regulation, limits on CEO compensation and a timed phase in on the money to be released (at least that's my understanding).

We need to get the facts on all 3 plans - Paulson's, the Senate's and the House Republican's. I refuse to get hot and bothered without seeing what is really being proposed.

[obamashow]

7. I hope Obama reaches a compromise plan minus the $700 billon

I agree we need to get ALL the facts associated with all 3 plans.

I will say this......all the polls show most Americans are AGAINST George W. Bush's plan to give Wall Street $700 billion bucks of taxpayer money.

Obama needs to work his Obama jelly and get this thing right!

I sure hope Obama reaches a compromise plan that does NOT, NOT, NOT give these Wall Street thugs $700 billion!

That's thousands of dollars for each man, woman and child in America. Let the Americans who support Bush's $700 billion plan pay the bill!!! I don't support giving $700 billon to Wall Street elite!

[angstlessk]

5. didn't AIG just go broke because it insured those very same liabilities???

we already own the insurance company that insures them...are we to be a re-insurer for our OWN (80% stakeholder) company??? this makes no sense to me...

[obamashow]

6. That's not why AIG went broke........

That's not why AIG went broke........