Comments on: Obama’s Ladder http://www.intellectualconservative.com/2009/05/27/obamas-ladder/ Conservative and Libertarian Intellectual Philosophy and Politics Wed, 08 Feb 2012 23:00:53 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Mickey G http://www.intellectualconservative.com/2009/05/27/obamas-ladder/comment-page-1/#comment-78358 Mickey G Fri, 29 May 2009 18:03:16 +0000 http://www.intellectualconservative.com/?p=6056#comment-78358 This situation would be funny if it wasn't happening to us. The financing system for businesses which used first mortgage bonds to ameliorate risk has been destroyed with the Obamadebacle intervention by giving precedence to unsecured debts in the auto industry. If there is no way to ease risk what will interest rates look like for business? Of course, since banks have been nationalized, maybe loans will end up getting made (printing presses are working hard pumping out new currency) but then those loans should fall behind other unsecured creditors in the next go round of failures. Hmmm! Seems like you only need to pay taxes if you have been submitted for a cabinet level appointment but the % of tax cheats leads one to an initial conclusion that Democrat Party operatives generally do not pay their taxes. By the way I remember the Carter years and they were bad but not as bad as things are shaping up under the messiah. California has already fallen, federal income tax receipts are way down, auto industry destroyed, banking system in the hands of tax cheats and social engineering afficianados, tax "loophole" closing that makes it beneficial to move corporations to another home country, etal. When the attempts are made to pay for some of the Omessiah's grand plans we will see the same outflow of highly compensated and other high earning individuals from the country instead of from state to state as New York and California are experiencing. Get ready, bend over to pick up the soap on the floor of the shower... This situation would be funny if it wasn’t happening to us. The financing system for businesses which used first mortgage bonds to ameliorate risk has been destroyed with the Obamadebacle intervention by giving precedence to unsecured debts in the auto industry. If there is no way to ease risk what will interest rates look like for business? Of course, since banks have been nationalized, maybe loans will end up getting made (printing presses are working hard pumping out new currency) but then those loans should fall behind other unsecured creditors in the next go round of failures. Hmmm!

Seems like you only need to pay taxes if you have been submitted for a cabinet level appointment but the % of tax cheats leads one to an initial conclusion that Democrat Party operatives generally do not pay their taxes.

By the way I remember the Carter years and they were bad but not as bad as things are shaping up under the messiah. California has already fallen, federal income tax receipts are way down, auto industry destroyed, banking system in the hands of tax cheats and social engineering afficianados, tax “loophole” closing that makes it beneficial to move corporations to another home country, etal.

When the attempts are made to pay for some of the Omessiah’s grand plans we will see the same outflow of highly compensated and other high earning individuals from the country instead of from state to state as New York and California are experiencing.

Get ready, bend over to pick up the soap on the floor of the shower…

]]> By: Ivan Ivanovich http://www.intellectualconservative.com/2009/05/27/obamas-ladder/comment-page-1/#comment-78347 Ivan Ivanovich Fri, 29 May 2009 08:23:57 +0000 http://www.intellectualconservative.com/?p=6056#comment-78347 The last time we had a POTUS with a Physics degree it was Jimmy Carter and we all know how that turned out. Well, on second thought maybe some of us don't know. For those that don't, you can look it up. It was high unemployment, high inflation, high mortgage rates, and for more than 50 Americans it meant Iranian prison for 444 days. And for that Mr. Peanut Farmer got the Nobel Prize. BHO says "You ain't seen nothing yet!" I guess he is going for the Prize. The last time we had a POTUS with a Physics degree it was Jimmy Carter and we all know how that turned out. Well, on second thought maybe some of us don’t know. For those that don’t, you can look it up. It was high unemployment, high inflation, high mortgage rates, and for more than 50 Americans it meant Iranian prison for 444 days. And for that Mr. Peanut Farmer got the Nobel Prize. BHO says “You ain’t seen nothing yet!” I guess he is going for the Prize.

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