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Wade Heath We face a choice between socialism and capitalism

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Wade Heath

Posted: Thursday, July 19, 2012 12:00 am | Updated: 5:50 am, Thu Jul 19, 2012.

When is our time up? At what point do things simply implode?

Since the most recent recession has attached itself to world economies, some nations have managed their income and spending to try and alleviate further damage and to cut losses. Other nations, like the former superpower, the United States, have continued to spend without limitations and simply raise the debt ceiling whenever it gets in the way.

Pointless is a debt ceiling with no ceiling, no?

After the stock and housing market came crashing down and Americans decided it was time for some hope and change, we all crossed our fingers and hoped real hard. Unfortunately, when it comes to the economy, we are no better off than we were prior to the election of President Barack Obama. As a matter of fact, we're much worse.

As a man who came riding in on a white horse, with accolades from scholars and chanting stadiums full of supporters, then-Sen. Obama was doling out promises of prosperity for all. What many didn't realize was that prosperity for all was really more of a creative way to establish a redistribution of wealth system in that those that have, share with those that do not have.

"When you spread around the wealth, it makes it fairer for everyone," he once told Joe the Plumber on the first campaign trail. The president has since spent a lot of time talking about fairness in the free market system and how those who make the most money in this country need to be fairer to those who make far less.

The political dialogue in America has also changed its tune from a land that used to celebrate capitalism and was once triumphant due to free market success, to one that is now strongly anti-big business and shames the wealthy. Excessive amounts of big government intervention in the free market have stifled its ability to flourish. From the auto industry to banks, housing and all of those major bailouts, government intervention and regulation have strangled our own economy from recovering.

And if I may be so bold, as someone who has worked hard since I was 12 years old and believes in the spirit of ingenuity, success and personal responsibility — to blame and shame the rich for being successful and having so much while so many do not is an asinine way to view the situation we're in.

While I am certainly not rich, nor anywhere near being classified as such, I do applaud anyone who turned nothing into something. I cheer those that have worked hard, played by the rules and are now filthy rich. They did it because they could; they did it because they lived in a place that allows that kind of prosperity and freedom.

Of course greed is a seductive and destructive force, and unfortunately it tends to corrupt. But not all wealthy people are greedy. Not all success is rooted in evil, like the current discourse in society would suggest.

Over the last four years there is one thing that the president pledged would happen that he has certainly lived up to. And that is his promise of the "fundamental transformation" of the United States. If you don't think we have changed, I'd call you blind. But how you perceive that change really determines whether or not the good ol' US of A will return to a better time or go down the road so many other countries have experimented with and ultimately failed in.

As we head toward this year's presidential election, the two paths for the choosing could not be clearer. Do you somehow justify that we are better off than we were four years ago and without hesitation check the box marked incumbent, providing another four years of fundamental transformation in which the country locks more firmly into the European socialist model? Or do you vote for a guy that has a solid track record of government leadership, led a major capitalist firm and therefore understands business development more than most, and is looking to put America back on top where she once was?

The choice is clear: the socialist or the capitalist. I think we both know from experience what works best.

But if you still need a reminder of how things have worsened in the last few years, one only needs to understand that unemployment stands above 8 percent and the median net worth of families has plummeted nearly 40 percent. Add to that one of the worst economic failures in American history and the current administration has spent more under their direction than every previous administration combined, thus making President Obama, as Forbes magazine calls him, the biggest government spender in the world.

And you think Greece is in trouble?

Columnist Wade Heath is a contributing editor to NationalTalkLive.com. He can be reached at wade.lodi@gmail.com.

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Welcome to the discussion.

56 comments:

  • Brian Dockter posted at 8:18 am on Fri, Aug 3, 2012.

    Brian Dockter Posts: 2839

    Ms. Bobin,

    It all started when Pres. Clinton repealled the Glass-Steagall Act. Oh how easy people like you forget or just refuse to acknowledge it wasn't Bush who started this recession.

     
  • Darrell Baumbach posted at 7:33 am on Wed, Jul 25, 2012.

    Darrell Baumbach Posts: 9405

    more evidence that Mr Schmidt and reality rarely meet.

     
  • Steve Schmidt posted at 4:33 pm on Tue, Jul 24, 2012.

    Steve Schmidt Posts: 2459

    I thought the LNS had fired Wade.

     
  • Darrell Baumbach posted at 9:37 pm on Sun, Jul 22, 2012.

    Darrell Baumbach Posts: 9405

    Ms Bobin stated...Bush's policies had already done their damage and the housing industry was in collapse

    How left of you. Can you please post the exact policies and legislation that Bush was behind that you are referring to.

     
  • Joanne Bobin posted at 2:47 pm on Sun, Jul 22, 2012.

    Joanne Bobin Posts: 4488

    Mr. Howard: The economy was already imploding mid-2006. The company I worked for had already been implementing systematic layoffs as early as March 2006.

    Bush's policies had already done their damage and the housing industry was in collapse.

    Many recent polls show that the majority (at least 2/3's) of Americans blame our current predicament on Bush, not Obama.

    They are the ones with good memories, not fantasies of the "good old days" under George Walker Bush.

     
  • dave howard posted at 1:56 pm on Sun, Jul 22, 2012.

    dave howard Posts: 25

    If the people remember in 2006 they wanted change so they voted in
    a democratic congress and they got change.
    Remember gas was at $ 2.19 a gal. and unemployment was 4.5% now in 2007 the democrats took over and gas went to $ 4.00 a gal. and unemployment went to
    5.5 % and then in 2009 we got a new president and the first thing he did was
    blame Bush
    the smart ones new better so in 2010 we changed it back again. So mr. obama
    stop blaming Bush for your mess.
    I used parts from a comment I read back in 2007.
    Thanks to Ms. Miller.


     
  • Darrell Baumbach posted at 5:16 pm on Sat, Jul 21, 2012.

    Darrell Baumbach Posts: 9405

    Mr Chang stated...And since I find the lefties here and elsewhere to be genuinely nicer people.
    Two of the popular lefties here are Ms Bobin and Steve Schmidt. Please help us understand how you find them genuinely nicer... Is it when Steve accuses most priests of being rapist? Is it when Ms Bobin accuses most people in Lodi of being bigots? Just what is it they say that you perceive is nicer?

     
  • Darrell Baumbach posted at 5:12 pm on Sat, Jul 21, 2012.

    Darrell Baumbach Posts: 9405

    Be happy to address this question after you admit you were wrong about the popularity of senior advantage. As far as what I make, it is very modest. Kaiser senior advantage is the most popular and I make zero for recommending that plan. Since the premiums are $0.00 to the client, it is not a money maker. I have helped seniors for 10 years now and have made less than $3000.00 all together. My business and profit is in claims adjudication, section 125 cafeteria plans and flexible benefit arrangements for businesses. My work for employees who retire and become eligible for medicare are done with no profit in mind.

    I know you are looking for conflict of interest in what I promote, but you are barking up the wrong tree. If you educated yourself about senior advantage, you could draw more accurate conclusions.

     
  • Andrew Liebich posted at 4:37 pm on Sat, Jul 21, 2012.

    Andrew Liebich Posts: 2999

    Darrell didn't write Obamacare Walter. He is merely attempting to point out some of the things contained in the legislation that will adversely effect our system of health care.

     
  • Walter Chang posted at 12:40 pm on Sat, Jul 21, 2012.

    Walt Posts: 1125

    "You have also mentioned the pending cuts to the program before, but you always exagerate. You've said 500 billion but Wiki says 138 billion."

    Regarding MA plans, would like to comment on this too??

     
  • Walter Chang posted at 12:29 pm on Sat, Jul 21, 2012.

    Walt Posts: 1125

    "it is as if you write their scripts for them"

    Interesting.

    I understand it to be a popular channel with the lefties...

    And since I find the lefties here and elsewhere to be genuinely nicer people.

    I'll take that as a complement!

    But seriously now...

    Darrell, do you get paid a fee or any other financial remuneration...

    For enjoying the act of "helping" seniors save money with the plans that you recommend???

     
  • Darrell Baumbach posted at 11:59 am on Sat, Jul 21, 2012.

    Darrell Baumbach Posts: 9405

    Mr Chang stated...Note: I don't get MSNBC. So any simularity in methods is strictly coincidence.

    I then would encourage you to follow it. Based on your attitude, positions and perception of reality, it is as if you write their scripts for them. I think you would enjoy what they do and say as well as the way they say it. [smile]

     
  • Darrell Baumbach posted at 11:54 am on Sat, Jul 21, 2012.

    Darrell Baumbach Posts: 9405

    Mr Chang stated…Medicare Advantage plans? They're NOT VERY POPULAR with seniors, are they? With only 20% or so (Wiki) of eligble seniors signing up.

    Thank you for showing how your perception is far away from reality.

    Medicare part A &B has been around for decades. When a person becomes 65, by default, Medicare is automatic. No one is offered senior advantage until after Medicare is in force. So of course more people are on Medicare.

    Senior advantage did not even exist until about 10 years ago. It is now so popular that like you said, 20 % of the entire senior population has transferred their coverage in an amazingly short period of time. If senior advantage was the default primary coverage, not many people would have Medicare part A & B.
    If you recall, a democrat from Florida refused to vote for Obamacare until Obama gave Florida an exception for senior advantage plans. It is very popular with seniors because more doctors accept Kaiser, Blue Cross, Blue Shield and Health Net than they do Medicare part A & B. In addition, the cost to seniors is very low. In fact, I enjoy helping seniors save money as the plans I recommend (not sell) have no premiums at all. If a senior takes Medicare part A & B and then applies for a Medicare supplement, their costs go up about $150.00 per month more than senior advantage. That is difficult for many.

     
  • Walter Chang posted at 8:35 am on Sat, Jul 21, 2012.

    Walt Posts: 1125

    "honest attempt at reaching truth"

    Darrell, that's difficult to believe - if your involved.

    You know, you left out the best part of the song, "Where life is beautiful all the time".

    Sounds like your description of Thailand, no??

    Note: I don't get MSNBC. So any simularity in methods is strictly coincidence.

    Let me ask you, do you sell Medicare Advantage plans?

    They're NOT VERY POPULAR with seniors, are they? With only 20% or so (Wiki) of eligble seniors signing up.

    You have also mentioned the pending cuts to the program before, but you always exagerate. You've said 500 billion but Wiki says 138 billion. You never mention that they're cutting out the "overpayment subsidy", enacted by President Bush, that's paid to private insurers. You never mention that the "Medicare Gap" in coverage is being closed as part of the implementation. Hmmm...

    Darrell, let me ask again - Do you sell Medicare Advantage plans?

     
  • Darrell Baumbach posted at 6:50 am on Sat, Jul 21, 2012.

    Darrell Baumbach Posts: 9405

    I read an article today in LNS that police are concerned about bath salts. Based on Mr. Chang's post, I think they have good reason to be concerned.

    Mr. Chang stated that he never talked about the quality of health care. I responded by articulating just how he has indirectly. His response is to perform another version of "their coming to take me away ha ha ho ho, to the funny farm". He accuses others of lies and talking the GOP line, but in reality, offers typical MSNBC animal farm mentality.
    Please calm down Mr. Chang...no sharks, no one smelling blood…just someone making an honest attempt at reaching truth. How unfortunate that you decided to mock and make excuses rather that address the real issue which is Obama”NOT”care and how it will harm our current healthcare system.

     
  • Walter Chang posted at 9:20 pm on Fri, Jul 20, 2012.

    Walt Posts: 1125

    Wow, the shark is circling.

    He thinks that he smells blood.

    And he's salivating for an easy kill.

    It's Friday night and there's no other prey in the bay.

    He wants to bait me into the shallows and next to the rocks. Again.

    For my ferocious friend, I offer only a symbolic "bucket of GOP chum".

    While I make a dash to the safety of the shore, thereby denying tonight's feast.

    And from my humble abode, high above the beach, I'll consider the value of provisioning and preparing a worthy vessel, and returning to the sea!

    Andrew, nothing for you!

     
  • Andrew Liebich posted at 7:04 pm on Fri, Jul 20, 2012.

    Andrew Liebich Posts: 2999

    Welcome to the realm of the useful idiot…

    Although it's a crime to use more than one Social Security number, and Barack Obama had to have a previous Social Security number to have worked at Baskin-Robbins, Walter wants to discuss Ron Paul.

    Anything to distract or derail the exchange....


     
  • Darrell Baumbach posted at 6:48 pm on Fri, Jul 20, 2012.

    Darrell Baumbach Posts: 9405

    Mr Chang stated...If this issue is so important...Where's your backup? Your "bros", so to speak?
    But you're out here all alone. Again. Except for the "Anxiety Addict", nobody. Zilch. Mr Chang stated...Nada.... Why isn't this important to Jerome? Or Darrell? Or Tea Party Kim?
    Hmmm?????

    How funny. Mr Chang perceives Andrew is not getting support from others because Andrew's points have no merit. In reality, Andrew needs no help as he articulates his points well and is making Mr Chang look foolish. Why add to what is so obvious.

     
  • Darrell Baumbach posted at 6:37 pm on Fri, Jul 20, 2012.

    Darrell Baumbach Posts: 9405

    Chang stated...I never talked about "quality" of health care and you can't find a quote. It's just more of Darrell's fabricated but entertaining drivel.


    Really? Please show any post you have made that was against Obamacare in any way. I have on many posts explained why Obamacare makes healthcare worse. You have on many posts explained why you perceive I am wrong and that I am simply participating in fear mongering. Based on all your posts, a reasonable person could draw a conclusion that you think Obamacare is a step in a firm step in the right direction. If it is a step in the right direction, then you are stating that Obamacare is helping to improve the quality of health care. Right?

    So please clarify. Is Obamacare a step in the right direction? Are there any provisions in the law that hurt or improved the quality of healthcare from your view? Do you think taking 500 billion from senior advantage will help or hurt the quality of healthcare. Do you think guaranteed issue and covering all preexisting conditions makes health care better or worse in our country? Do you think the quality of healthcare has been improved by insuring all dependents through age 26 ? Do you think taxing and penalizing Americans who refuse to participate in the healthcare system improves or hurts the quality of healthcare?

     
  • Joe Baxter posted at 6:03 pm on Fri, Jul 20, 2012.

    Joe Baxter Posts: 1847

    Yep, typical LIBERAL fodder. Can't win the argument with facts? Proceed to smear the opponent anyway you can, true or not, as long as it discredits the people who you can't outdo homestly. Kind of like kids on a playground when one loses an argument, the other one retorts "Yeah, well you are nothing but a big dummy". It would be funny if it wasn't so pathetic.

     
  • Walter Chang posted at 5:18 pm on Fri, Jul 20, 2012.

    Walt Posts: 1125

    Back to your topic, why isn't Ron Paul concerned??

     
  • Walter Chang posted at 5:10 pm on Fri, Jul 20, 2012.

    Walt Posts: 1125

    "making threats"

    Andrew, I didn't make any threats. Never have.

    Unless you're talkin' about the many times...

    I've PROMISED to tease the heck out of the righties on November 7th!!

    Yes, I'm guilty of that.

    But all that other stuff is standard operating procedure around here. You do it too!

    I learned it from Darrell and Jerome. Gary Musto showed me a few things too.

    Back to your topic, why isn't Ron Paul conerned??


     
  • Andrew Liebich posted at 4:37 pm on Fri, Jul 20, 2012.

    Andrew Liebich Posts: 2999

    When confronted with a truth that threatens their established world view, useful idiots will do anything to distract or derail the exchange. Making bad jokes, resorting to childish ridicule, ignoring cold hard logic, making threats, denying you are qualified to present the facts, even though the facts speak for themselves no matter who is relaying them, etc. Rarely will they confront the truth you present on its own terms. Instead, they will try to make YOU the issue of discussion, and not your information.

    Is it really that hard to double check a piece of data to confirm whether or not it is true? Apparently, it must be, because so many Americans have decided to believe whatever they are told without a second thought.

    Contesting ignorance is not just the civic duty of the informed, it is also an act of compassion towards those who are not.

     
  • Walter Chang posted at 4:22 pm on Fri, Jul 20, 2012.

    Walt Posts: 1125

    Andrew, Darrell came through...

    But nothing for you. Again. Sorry.

     
  • Walter Chang posted at 4:20 pm on Fri, Jul 20, 2012.

    Walt Posts: 1125

    "improves the quality of healthcare"

    Speaking of credibility...

    Oh, Hi Darrell, that's a cute trick.

    But I've seen it before!! You're not the originator.

    I never talked about "quality" of health care and you can't find a quote.

    The same goes for the other stuff. It's just more of Darrell's fabricated but entertaining drivel.

    Thanks for thinking of me.

     
  • Darrell Baumbach posted at 3:34 pm on Fri, Jul 20, 2012.

    Darrell Baumbach Posts: 9405


    Andrew stated...Have you no common sense? ( in reference to Walter)

    Humm... interesting question. lets examine. What does Walter believe?

    1. Believes Obamacare is good for our country as it improves the quality of healthcare.
    2. Believes California is a business friendly state.
    3. Believes opposition to Obama is all politics and has no substance to the anger

    These three items alone are enough to prove Walter has no common sense.

     
  • Walter Chang posted at 3:17 pm on Fri, Jul 20, 2012.

    Walt Posts: 1125

    "Have you no common sense?"

    Andrew, you're too discredited to even be asking that question!

    If this issue is so important...

    Where's your backup? Your "bros", so to speak?

    The normal operating procedure for the righties is to support each other.

    But you're out here all alone. Again. Except for the "Anxiety Addict", nobody. Zilch. Nada.

    Why isn't this important to Jerome? Or Darrell? Or Tea Party Kim?

    Hmmm?????

     
  • Andrew Liebich posted at 3:02 pm on Fri, Jul 20, 2012.

    Andrew Liebich Posts: 2999

    Hey Walter, why not acknowledge that you suffer from cognitive dissonance?

    [beam]

     
  • Andrew Liebich posted at 2:57 pm on Fri, Jul 20, 2012.

    Andrew Liebich Posts: 2999

    I'll reserve any future anti-Romney comments until he's actually been nominated Ms. Bobin...

    P.S. I have been quite open concerning who I support. Go back to sleep.

    [sleeping]

     
  • Andrew Liebich posted at 2:47 pm on Fri, Jul 20, 2012.

    Andrew Liebich Posts: 2999

    Dumbfounded by the imperical fact that it is a crime to use more than one Social Security number, and Barack Obama had to have a previous Social Security number to have worked at Baskin-Robbins, the resident Obamanoids resort to their usual ad-hominem diatribes.. Good grief!

    Using a Social Security number reserved for Connecticut applicants that was issued at a date later than he is known to have held employment defies logic.

    Have you no common sense?


     
  • Walter Chang posted at 12:12 pm on Fri, Jul 20, 2012.

    Walt Posts: 1125

    “spoon fed lies”

    Reporting in live from the fringes of the GOP…

    Our “Anxiety Addict” is at it again, serving up his usual misdirected animosity towards the President.

    Thanks for another absolutely pathetic display!

    Hey Joe, why not extol the virtues of your candidate instead?

     
  • Joanne Bobin posted at 9:46 am on Fri, Jul 20, 2012.

    Joanne Bobin Posts: 4488

    Andrew doesn't have a candidate. He is paralyzed at the ballot box because he believes all of the conspiracy theories about both, about everyone and anything. The whole world is against him, telling lies, a whispering campaign that drives him insane in the quiet hours when he is alone.

    Andrew: Please enlighten us about Mitt Romney's discrepancies of fact and fiction.

    I'm sure the secret group that meets in your room in your mother's basement has the skinny on all of it.

     
  • Joe Baxter posted at 8:54 am on Fri, Jul 20, 2012.

    Joe Baxter Posts: 1847

    First off, peopole who bank on Snopes for the truth are as gullible as it gets. Secondly, Oblamo's whole life is a "clerical error" according to the liberal media. Birth Certificate, clerical error, Social Security card, clerical error, Selective Service card, clerical error. Yeah, I believe it. NOT !!! Poor little liberal sheep, spoon fed lies that the eagerly swallow.

     
  • Joe Baxter posted at 8:50 am on Fri, Jul 20, 2012.

    Joe Baxter Posts: 1847

    Yep, Joe does know the TRUTH and I am telling. Poor Walter "Head in the Sand" Chang not only doesn't know the truth, he is either too lazy to fiind out the TRUTH or doesn't WANT to know the truth. Either way, it is pathetic.

     
  • Walter Chang posted at 5:51 am on Fri, Jul 20, 2012.

    Walt Posts: 1125

    Andrew, yesterday you posted at least 3 falsehoods regarding the President.

    Why not extol the virtues of your candidate instead?

    Hmmm????

    People would take you more seriously with your conspiracies…

    If you didn’t spend some much time revisiting this “birther style” baloney!!

    P.S. The 2012 election is actually 109 days away now.

     
  • Andrew Liebich posted at 12:24 am on Fri, Jul 20, 2012.

    Andrew Liebich Posts: 2999

    [rolleyes]

    I don't believe it was Wade Heath who said, "When you spread the wealth around, it’s good for everybody""

     
  • Andrew Liebich posted at 11:56 pm on Thu, Jul 19, 2012.

    Andrew Liebich Posts: 2999

    Walter,

    Despite what Dave & Barbara Michelson may have told you the truth is, (according to the Social Security Administration) and your own link: (http://taxprof.typepad.com/taxprof_blog/2008/03/obama-releases.html) that the first three digits of Obama’s SSN are 042 and according to their records the number was issued between 1977 and 1979, yet Obama’s employment at Baskin Robbins was reportedly in 1975.

    Using a Social Security number reserved for Connecticut applicants that was issued at a date later than he is known to have held employment only makes sense to those suffering from Barry Soetoro Disorder...

    P.S. The 2012 election is actually 110 days away...

     
  • Darrell Baumbach posted at 7:17 pm on Thu, Jul 19, 2012.

    Darrell Baumbach Posts: 9405

    Of course Romney has a plan.Unfortunately, the bobins of the world have decided to ignore it.

     
  • Walter Chang posted at 5:55 pm on Thu, Jul 19, 2012.

    Walt Posts: 1125

    "a job at Baskin Robbins in Hawaii"

    Joe knows the truth too but he aint tellin' either...

     
  • Walter Chang posted at 5:28 pm on Thu, Jul 19, 2012.

    Walt Posts: 1125

    "a job at Baskin Robbins in Hawaii"

    Andrew knows the truth but he aint tellin' Part 3

    Why Barack Obama's Social Security card application might have included a Connecticut mailing address is something of a curiosity, as he had no known connection to that state at the time, but by itself that quirk is no indicator of fraud. The most likely explanation for the discrepancy is a simple clerical or typographical error: the ZIP code in the area of Honolulu where Barack Obama lived is 96814, while the ZIP code for Danbury, Connecticut, is 06814. Since '0' and '9' are similarly shaped numbers and are adjacent on typewriter keyboards, it's not uncommon for handwritten examples to be mistaken for each other, or for one to be mistyped as the other (thereby potentially resulting in a Hawaiian resident's application mistakenly being routed as if it had originated from Connecticut). (snopes.com)

    SSN Information:

    The Area Number is assigned by the geographical region. Prior to 1972, cards were issued in local Social Security offices around the country and the Area Number represented the State in which the card was issued. This did not necessarily have to be the State where the applicant lived, since a person could apply for their card in any Social Security office. Since 1972, when SSA began assigning SSNs and issuing cards centrally from Baltimore, the area number assigned has been based on the ZIP code in the mailing address provided on the application for the original Social Security card. The applicant's mailing address does not have to be the same as their place of residence. Thus, the Area Number does not necessarily represent the State of residence of the applicant, either prior to 1972 or since..

     
  • Walter Chang posted at 5:18 pm on Thu, Jul 19, 2012.

    Walt Posts: 1125

    Oh, I forgot....

    Only 108 ugly lie filled days until the election!!

    Enjoy

    [scared]

     
  • Walter Chang posted at 5:02 pm on Thu, Jul 19, 2012.

    Walt Posts: 1125

    "Tony Rezko (convicted felon) came up with a solution."

    Andrew knows the truth but he aint tellin' Part 2

    In 2005 Obama purchased a new home in the Kenwood District of Chicago for $1.65 million (which was $300,000 below the asking price but represented the highest offer on the property) on the same day that Rezko's wife, Rita Rezko, purchased the adjoining empty lot from the same sellers for the full asking price. Obama acknowledged bringing his interest in the property to Rezko's attention, but denied any coordination of offers. According to Obama, while the properties had originally been a single property, the previous owners decided to sell the land as two separate lots, but made it a condition of the sales that they be closed on the same date. Obama also stated that the properties had been on the market for months, that his offer was the best of two bids, and that Ms. Rezko's bid was matched by another offer, also of $625,000, so that she could not have purchased the property for less.

    After it had been reported in 2006 that Rezko was under federal investigation for influence-peddling, Obama purchased a 10 foot (3.0 m) wide strip of Ms. Rezko's property for $104,500, $60,000 above the assessed value. According to Chicago Sun-Times columnist, Mark Brown, "Rezko definitely did Obama a favor by selling him the 10-foot strip of land, making his own parcel less attractive for development." Obama acknowledges that the exchange may have created the appearance of impropriety, and stated "I consider this a mistake on my part and I regret it."

    On December 28, 2006, Ms. Rezko sold the property to a company owned by her husband's former business attorney. That sale of $575,000, combined with the earlier $104,500 sale to the Obamas, amounted to a net profit of $54,500 over her original purchase, less $14,000 for a fence along the property line and other expenses. In October 2007, the new owners put the still vacant land up for sale again, this time for $1.5 million.

    http://en.wikipedia.org/wiki/Tony_Rezko

     
  • Walter Chang posted at 5:02 pm on Thu, Jul 19, 2012.

    Walt Posts: 1125

    "How did Obama afford the home?"

    Andrew knows the truth but he aint tellin'

    The Obamas' best financial year came in 2005, when their total combined income was $1.6 million. That included $1.2 million in author fees for Obama's best-selling books. Michelle Obama's salary that year [as vice president for community and external affairs at the University of Chicago Hospitals] was $316,962 plus another $45,000 from TreeHouse Foods [for whom she served a member of the board of directors].

    The copies of the Obamas' federal tax returns made available on the Internet show that the couple had an adjusted gross income of $207,647 in 2004, $1,655,106 in 2005, and $983,826 in 2006.(snopes.com)

    Look at them yourself here:

    http://taxprof.typepad.com/taxprof_blog/2008/03/obama-releases.html

     
  • Joe Baxter posted at 4:59 pm on Thu, Jul 19, 2012.

    Joe Baxter Posts: 1847

    How about Oblamo releasing ALL of the information about the Fast & Furious debacle he would rather forget? How about releasing his College applications (don't care about his grades, just his entrance applications) that he has spent millions to hide? How about explaining his Connecticut SS #. How about explaining his forged Selective Service card? How about releasing the back room negotiations with lobbyist and legislators over Obamacare? What happened to "The most transparent administration in the history of America"? Yeah, so transparent you don't see ANYTHING except what he wants you to see. This guy is an educated CON artist, pure simple. He a pathological liar and megalomaniac, At least Nixon did the honorable thing and resigned, this moron such a sociopath he can't even admit he is wrong about anything.

     
  • Joe Baxter posted at 4:27 pm on Thu, Jul 19, 2012.

    Joe Baxter Posts: 1847

    Careful Andrew, OBlamo will issue a presidential mandate requiring everyone who works at Baskin Robbins, regardless of where the store is located, to have a Connecticut SS#. Then make it retroactive to the time he worked there in Hawaii.

     
  • Joanne Bobin posted at 4:24 pm on Thu, Jul 19, 2012.

    Joanne Bobin Posts: 4488

    Wade Heath, May, 2006:

    "It's funny, the other morning I could have sworn I was being followed by one of Lodi's finest when I began to think, I wonder if I would have to pay for a ticket if cited for something? I suppose one could fake an accent, not present any form of identification and then pretend not to understand what the officer was saying. And if in fact the officer did speak one's bad impersonation of a language I suppose one could just claim the policeman was racial profiling."

    Just one quote from Wade Heath, boy genius.

     
  • Joanne Bobin posted at 4:06 pm on Thu, Jul 19, 2012.

    Joanne Bobin Posts: 4488

    Ring me up when Wade Heath takes a course in economics and actually understands the difference between socialism and capitalism.

    Likewise, when Wade Heath can spout something other than FOX News talking points.

    He should be charged with plagiarism at the least.

     
  • Andrew Liebich posted at 1:59 pm on Thu, Jul 19, 2012.

    Andrew Liebich Posts: 2999

    Mr. Baxter,
    Obama did have a job at Baskin Robbins in Hawaii. It would however be nice to know why he used a Conn. S.S.#...

     
  • Andrew Liebich posted at 1:55 pm on Thu, Jul 19, 2012.

    Andrew Liebich Posts: 2999

    Mr. Barrow,
    The list price just for the home was $1.95 million, outside the reach of the Obama family, even with Obama’s re-issued 1995 autobiography, “Dreams from My Father,” his U.S. Senate salary of $157,082, and Michelle’s 2005 income of $317,000 at the University of Chicago Hospitals.

    How did Obama afford the home?
    Tony Rezko (convicted felon) came up with a solution.

    His wife Rita bought the vacant lot at the full asking price, permitting Obama and Michelle to negotiate buying the house for $1.65 million, a discount of $300,000 from the asking price. Rita Rezko closed on the vacant lot the same day the Obamas closed on the house, paying $625,000 for the vacant lot.

    Both actions are clear violations of Senate ethics rules baring the granting or asking of favors...
    [sleeping]

     
  • Eric Barrow posted at 12:41 pm on Thu, Jul 19, 2012.

    Eric Barrow Posts: 1533

    I don't wonder it was from book royalties and his wifes income the year Obama bought that house he made 1.6 million in book royalties and his wife made over 300 thousand. The Obamas earned their money unlike Romney who was born into it but keep looking you might find something that can stick before November

     
  • Joe Baxter posted at 10:27 am on Thu, Jul 19, 2012.

    Joe Baxter Posts: 1847

    OOOOh, someone sounds jealous. At least Romney worked and made and lost money involving PRIVATE investors and his own money, not taxpayer funds. Obama has never had a job that didn't involve taxpayer funds. Ever wonder how poor old Obama paid for his elite education? Ever wonder how Obama could afford a $1.63 MILLION dollar home in an affluent area of Chicago on the income the Obamas were making at the time of the purchase? Maybe he wasn't born with a "silver spoon" but his crooked pals made sure he could afford one after he did them "favors".

     
  • Joe Baxter posted at 10:17 am on Thu, Jul 19, 2012.

    Joe Baxter Posts: 1847

    So, which is better NO plan or a FAUX plan?

     
  • Andrew Liebich posted at 9:09 am on Thu, Jul 19, 2012.

    Andrew Liebich Posts: 2999

    There is nothing wrong with being optimistic, but there is something wrong with having blind faith that things are going to get better when all of the evidence is screaming at you that things are going to get worse. Most people are absolutely amazed when they learn that it is mathematically impossible to pay off the national debt.

    At this point, the United States has more government debt per capita than Greece but could Greece bring down the entire world economy? Hardly.

    The truth is that you could remove Greece from the world economy tomorrow and most people would hardly notice. The economy of Greece is only about 2% the size of the United States economy, and it takes in less than 0.1% of U.S. exports. But we are being led to believe that Greece has suddenly become the epicenter of a financial crisis which is going to bring down everything?


     
  • Eric Barrow posted at 8:49 am on Thu, Jul 19, 2012.

    Eric Barrow Posts: 1533

    Many people have worked hard and gotten ahead Romney is not one of them. Romney was born with a silver spoon in his mouth. That is why people find him out of touch. He has had every opportunity rich family, country clubs, best schools, trust funds, connections. These are not inherently bad things they just explain why the average American cannot relate to the guy.

     
  • Joanne Bobin posted at 8:21 am on Thu, Jul 19, 2012.

    Joanne Bobin Posts: 4488

    Oh, good. And already begins the apologist for Romney when his plans to improve the economny fail - it's simply "a malignant cancer" that can't be stopped.

    And, oh, that's right. Romney doesn't have a plan, so I guess the comment below is most likely correct.

     
  • Darrell Baumbach posted at 5:41 am on Thu, Jul 19, 2012.

    Darrell Baumbach Posts: 9405

    Obama is simply a result of the cancer America has. If Obama is not elected in November, I cannot imagine it will make a difference as the cancer seems to be malignant. Even if Romney wins, just the fact that so many Americans would read this letter and think the author crazy and/or delusional is strong evidence of how bad the cancer is.

    You can put a strong motivated salmon ( capitalist) in a river to swim upstream, but when too many are dumping toxic waste (liberal progressives) in the river, the fish doesn't stand a chance.

     

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