how many homes does mccain own?

[pops]

http://therealmccain.com/?utm_source=rgemail

[Volmania]

Which means he is paying more taxes to support the US Gov't right?

[Volmania]

DATA ON TAXES

Proposed changes in taxes after the 2008 General election:

CAPITAL GAINS TAX

MCCAIN

0% on home sales up to $500,000 per home (couples). McCain does not propose

any change in existing home sales income tax.

OBAMA

28% on profit from ALL home sales

How does this affect you? If you sell your home and make a profit, you

will pay 28% of your gain on taxes. If you are heading toward retirement and

would like to down-size your home or move into a retirement community, 28%

of the money you make from your home will go to taxes. This proposal will

adversely affect the elderly who are counting on the income from their

homes as part of their retirement income.

DIVIDEND TAX

MCCAIN 15% (no change)

OBAMA 39.6%

How will this affect you? If you have any money invested in stock market,

IRA, mutual funds, college funds, life insurance, retirement accounts, or

anything that pays or reinvests dividends, you will now be paying nearly

40% of the money earned on taxes if Obama becomes president. The experts

predict that 'Higher tax rates on dividends and capital gains would crash

the stock market, yet do absolutely nothing to cut the deficit.'

INCOME TAX

MCCAIN (no changes)

Single making 30K - tax $4,500

Single making 50K - tax $12,500

Single making 75K - tax $18,750

Married making 60K- tax $9,000

Married making 75K - tax $18,750

Married making 125K - tax $31,250

OBAMA (reversion to pre-Bush tax cuts)

Single making 30K - tax $8,400

Single making 50K - tax $14,000

Single making 75K - tax $23,250

M arried making 60K - tax $16,800

Married making 75K - tax $21,000

Married making 125K - tax $38,750

Under Obama, your taxes could almost double!

INHERITANCE TAX

MCCAIN 0% (No change, Bush repealed this tax)

OBAMA Restore the inheritance tax

Many families have lost businesses, farms, ranches, and homes that have

been in their families for generations because they could not afford the

inheritance tax. Those willing their assets to loved ones will only lose

them to these taxes.

NEW TAXES PROPOSED BY OBAMA

New government taxes proposed on homes that are more than 2400 square feet.

New gasoline taxes (as if gas weren't high enough already)

New taxes on natural resources consumption (heating gas, water, electricity)

New taxes on retirement accounts, and last but not least....

New taxes to pay for socialized medicine so we can receive the same level

of medical care as other third-world countries!!!

You can verify the above at the following web sites:

http://money.cnn.com/news/specials/election/2008/index.html

http://www.cnn.com/ELECTION/2008/issues/issues.taxes.html

http://elections.foxnews.com/?s=proposed+taxes

http://bulletin.aarp.org/yourworld/politics/articles/mccain_obama_offer_different_visions_on_taxes.html

http://blog.washingtonpost.com/fact-checker/candidates/barack_obama/

http://blog.washingtonpost.com/fact-checker/candidates/john_mccain/

[chameleons53]

Geez ............ vol ......... I'm going back in my hole if Bama gets in ....... I won't be able to afford to breathe!!!

[pops]

the war on terror .....heehhehehehehehhehe .......what a joke ....sorry 2 say cant spend what u dont have .......game is over! TIME 2 pay up .....remember the iraq war? republicans are no good!

[pops]

http://www.youtube.com/watch?v=vpmFd25tRqo

[pops]

New taxes to pay for socialized medicine so we can receive the same level
of medical care as other third-world countries!!!
It apparently didn't enter this numbskull's mind that those Americans who can't pay for medical care at all get WORSE than third world nation care..............
they get no care at all.

It also doesn't occur to this numbskull, that if he is so opposed to "socialism" then he best get on the band-wagon to hurry up and disband the Marine Corps - and all the other SOCIALIZED branches of the military
US Military = socialized government work programs, complete with government checks - just like the public schools..... can u see that!

the links he cites do NOT lead to anything that supports this Nazis claim
that middle classAmericans would pay higher taxes
Obama is quite clear that those who make $250,000+ WILL pay more - as they should What today's AMerican Nazis fail to realize, is that...
...in their rush to demand NO NEW TAXES, they have, in fact, condemned 4,400+ Americans to die in Iraq.


the links he cites do NOT lead to anything that supports this Nazis claim
that middle classAmericans would pay higher taxes
Obama is quite clear that those who make $250,000+ WILL pay more - as they should.
What today's AMerican Nazis fail to realize, is that...
...in their rush to demand NO NEW TAXES, they have, in fact, condemned 4,400+ Americans to die in Iraq
If these bastards actually thought about DOUBLING the cost of taxes to have paid for uparmored humvees, body armor, etc....
BEFORE we invaded Iraq
A lot of those soldiers would be alive today
Comments?
one more thing... MY topic was "How many Houses does McCain Own?" - NOT what this clown thought about Obama's tax plan.

remind the IDIOT to try and stay focused on the topic at hand, post his own, or SHUT THE HELL UP.
To do otherwise, is patently pandering... and nOT designed to promote debate
just to demean the original post
this bait-and-switch tactic is part of the awful GOP tactics that have gotten Americans so upset with the Republicans that they are leaving in droves
to the Dems
He HIJACKED my topic
no better than osama bin laden
I know he will claim FREE SPEECH...
But the reality is, he is claiming free speech without having to take any responsibility - something the GOP does often
Post that the fellow should man-up, and grow some nuts - make his own post, and quit trying to water down my post with unbrelated BS
unrelated BS
If his posts can stand on their own - they will
If not - they'll be buried by posts from above

[pops]

anybody going

[datafreak]

Obama correctly stated that anyone making 150K per year or less is middle class, and that anyone 250K or above is wealthy and would be subject to increased taxes.

McCain stated that 5 Million was the cutoff for wealthy. And now he doesn't know how many houses he owns? Hmm, maybe he just didn't want to say - but man he comes across like a jackass. Talk about someone who is really in touch.

That clip on the Daily Show of McCain stumbling over the price of gasoline at the Sturgis Rally is both hilarious and pathetic.

Haven't we already endured enough clueless Republican presidents for a while?

http://www.youtube.com/watch?v=sK-LEyyf7d4

It is at the 3:10 mark.

[pops]

its all messed up ....scary ..........gopnot

[Volmania]

Where are you going to move Pops when McCain is President?


This is how your man plans to win an election?

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[Volmania]

I cant wait to hear how your tossed out of the Minny GOP on your ass being silly lol

[pops]

its the economy ......mcain is not even capable .......gopnot

[pops]

we are ready ...plan a b c d e.. nextel equipped not comming over my red bridge .....no way ......walk

[pops]

clean house , they lost 4 good seats in ruby red country, they still dont get it.

[pops]

everthing is so nice and good , abolish those bastards that lie for them selves...what a disgrace .......war crimes real soon ......GOBAMA

[pops]

ITS THE WORSE IVE EVER SEEN ....THAnk all those no good republicans

[pops]

U.S.News & World Report
How Bankruptcy Would Wreck GM and Chrysler
Friday August 22, 11:37 am ET
By Rick Newman


The economy is so bad in parts of Detroit that a home there recently sold for $1. For the automakers based nearby, it's not looking much better.
ADVERTISEMENT


Car sales are in a tailspin on account of $4 gas and a swooning economy, and as usual, the Detroit automakers are suffering more than their competitors. Overall, sales are down about 11 percent so far this year, according to J.D. Power & Associates. But at the Detroit 3, sales are down an outsized 18 percent. The biggest reason is an overreliance on big trucks and SUVs and a dearth of small cars that consumers actually like.

Ford has been hit hard, but looks to have enough cash to ride out a worst-case downturn and survive until 2010, when the market should rebound and recent labor cutbacks will start to pay off. But cash-flow problems are more precarious at General Motors and Chrysler, where analysts think a Chapter 11 filing is a serious possibility if the car business stays weak through 2009. To some, that seems like no big deal: Other companies, including four big airlines, auto-supplier Delphi, and retailer Kmart have used bankruptcy to rein in bloat, slash costs, and get healthier.

But for GM or Chrysler, declaring bankruptcy would be more like slashing their own tires. Customers would flee, consumers would be unsympathetic, and the government would probably do little to help. Here's why bankruptcy would be such a dire scenario for any one of the Detroit 3:

Buyers would bail. When airlines like United, Delta, and Northwest declared bankruptcy, most fliers stuck with them. That's because it was clear those airlines would stay in business at least long enough to honor their tickets. But it wouldn't work that way for an automaker. Most people who buy airline tickets plan to use them within weeks. But consumers spend way more on a car than an airline ticket, and commit to the product for years. It's kind of important that the company selling the product be around to make good on a 60,000-mile warranty, service the car, and supply parts.

Simply declaring bankruptcy would be a disaster for an automaker, even if the company seemed likely to ultimately survive. In a survey conducted by CNW Marketing Research, 80 percent of people close to buying a new car said they would abandon an automaker if it were to file for bankruptcy. Not surprisingly, the numbers were higher for the Detroit 3, and lower for most foreign makes. An automaker could forestall the doom somewhat by offering fire sale prices--but selling cars at a loss would only perpetuate underlying profitability problems. "In today's marketplace, bankruptcy for General Motors (or any major automaker) is a death knell," CNW concluded in a recent newsletter.

Bankruptcy wouldn't solve much. For airlines and other big companies that have successfully emerged from bankruptcy, Chapter 11 allowed them to cut costs and other expenses they were unable to address under normal operations. The airlines, for instance, were able to slash pensions and renegotiate rich labor contracts that were signed when the airlines were flush, but which they could no longer afford. That improved cash flow and helped them get back on their feet.

The automakers, by contrast, don't have a major problem funding their pensions. And they've already negotiated deep wage and job cuts with their unions, and cut billions in costs. "They're not being crushed by wage and benefit costs," says Mark Oline of Fitch Ratings. "It's about revenue and products now. It's a business model issue."

Bankruptcy might allow Chrysler or GM to offload some debt--but it wouldn't do anything to increase revenue, speed the arrival of must-have new products like slick compact cars and family-oriented crossovers, or fund technology breakthroughs like GM hopes the Chevy Volt plug-in hybrid will be.

Bankruptcy is such a dire scenario that analysts think GM would first sell off whole divisions, like perhaps Saab or Saturn, in addition to the Hummer franchise it has already put on the block. Chrysler's most valuable assets are the Jeep brand and the Dodge Ram pickup, product lines that could be melded into another automaker. Chrysler, which is now owned by private-equity firm Cerberus Capital, has been a particular curiosity. As a private firm it no longer has to report financial details to the public, and some analysts think it may already be operating close to the brink of insolvency. Oline expects Chrysler to start refuting such speculation with more transparent financial reporting.

A government bailout seems unlikely. At least a big one does. GM and Chrysler combined control just 30 percent of the U.S. market today, a nose dive from the days when the domestics dominated the industry. GM is fending off Toyota for the U.S. sales lead; Chrysler, once one of the "Big 3," is now No. 5 in the United States. And American-built cars from Toyota, Honda, and other "importers" now make up a sizable chunk of overall sales.

Translation: Aside from the Michigan delegation in Congress, there's little government appetite for an automaker bailout. "There's not the mood to do it," says one industry lobbyist. "People feel like the Detroit 3 dug this hole and they've got to get themselves out." A test case will come this fall, in a bill that contains $6 billion in low-interest loans for domestic automakers to retool aging factories. The bill still has to get through Congress, and if it does there's no sign yet whether President Bush will sign it or threaten a veto.

Neither company is too big to fail. When the Federal Reserve rescued a rump Bear Stearns earlier this year, the financial firm was a fraction the size of GM. But regulators feared that if Bear Stearns failed, a daisy chain of called loans, bank runs, and subsequent failures could swamp the entire financial system. The same logic applies to Fannie Mae and Freddie Mac, the huge mortgage funders that underwrite nearly half of all U.S. mortgages and now seem to be approaching insolvency; if one or both collapsed, the collateral damage would be deep and widespread.

That wouldn't happen in the auto industry if GM or Chrysler went down. No doubt there would be more job losses and financial pain, but it would probably be confined to the Rust Belt and other areas where the Detroit 3 were once dominant. As a private company, Chrysler would hardly be in any position to ask for government aid. And if either company did ultimately declare bankruptcy, it would probably happen at a time of deep Bailout Fatigue in Washington.

There's one other unsettling prospect: The market may not even need three domestic automakers. In fact, the quick shrinkage or even disappearance of a big carmaker might solve an oversupply problem: An industry that built and sold almost 17 million vehicles in 2004 and 2005 will be lucky to sell 14 million in 2008. And there's no guarantee that sales will bounce back to levels that many thought amounted to a mini-bubble. That sharp reduction can be spread across all the players--or borne by a few of the most beleaguered. Which is what seems to be happening.

[pops]

mission accomplished
stay the course
and this economy is not in a recession?
We dont need another Mc Bush
republicans are proven liars!
Abosih these fools
THEY DESTROTED THE LAST 8 YEARS
CHANGE FINALLY