IMPORTANT Comparison of the Candidates
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| Sat, 11-01-2008 - 10:01am |
I received this from my accountant:
COMPARISON MCCAIN VS. OBAMA
Favors new drilling offshore US: McCain YES, Obama NO
Will appoint judges who interpret the law not make it: McCain YES, Obama NO
Served in the US Armed Forces: McCain YES, Obama NO
Amount of time served in the US Senate: McCain 22 YEARS, Obama 173 DAYS
Will institute a socialized national health care plan: McCain NO, Obama YES
Supports gun ownership rights: McCain YES, Obama NO
Supports homosexual marriage: McCain NO, Obama YES
Proposed programs will mean a huge tax increase: McCain NO, Obama YES
Voted against making English the official language:McCain NO, Obama YES
Voted to give Social Security benefits to illegals: McCain NO, Obama YES
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 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:
Single making 30K - tax $8,400
Single making 50K - tax $14,000
Single making 75K - tax $23,250
Married 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0% (No change, Bush repealed this tax)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/

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Hmmm.....after I got to the part about "appointing judges who will interpret the law, not make it," I got a little skeptical. By the time I reached the part about "will institute socialized national healthcare plan," I was in full-on LOL mode, and also having serious doubts as to your accountant's understanding of the meaning of "socialism" or of the fiscal details of Obama's actual health care proposal, probably both.
Anyway, thanks for the giggle.
McCain LOST???
Big Media Figures Admitting That Drudge's Influence Has Waned
By Greg Sargent - October 31, 2008, 11:02AM
It's one of the key underplayed stories of this election, but more and more media figures are beginning to acknowledge that the onetime Ruler of Their World has lost his hypnotic sway over the media.
Chris Cillizza of The Washington Post, for instance, yesterday asked: "Does Drudge matter?" Though Cillizza didn't take a position one way or the other, the mere fact that he dared to raise the question is significant. Cillizza has been one of the most prominent purveyors of the "Drudge Rules Our World" theory of American politics, as recently as a few weeks ago.
WaPo's Howard Kurtz, the ultimate Beltway media insider, also recently raised questions about Drudge's not-so-iron-grip on the press corps, asking whether his influence is "overstated" and expressing decided skepticism about Drudge's current pull.
Perhaps best of all, look at how Mark Halperin is handling Drudge this morning:
For Halperin to describe Drudge as "semi-defanged" and to rib his "fifth-to-last refuge" is a seminal moment of sorts. Recall that Halperin is the person who originally coined the "Drudge rules our world" phrase.
That's not all. The Financial Times recently weighed in with a piece called "Shock: Drudge loses his grip on US media!"
Traffic? HuffPo vaulted ahead of Drudge in September, as did Politico. While those outlets' staffs are obviously far larger than Drudge's, this still represents a blow to the former ruler of the Internets.
It's worth noting that the view that Drudge's fearsome influence is a shadow of its former self was a pretty controversial view even during this cycle, the exclusive province of whacked out liberal bloggers. Eric Boehlert sounded the siren about Drudge's tumble from the throne (as we did), and Hillary-spokesperson-turned-blogger Phil Singer has been flogging this argument, too.
The simple truth is that whatever dominance Drudge had over the cable networks just doesn't mean what it once did. The growth of a kind of reporting or narrative-manufacturing apparatus on the left, on the Internet and on cable chat, is exerting pull on the nets and helping set their agenda. Multiple times this cycle, Drudge has pushed stories that have gone belly-up (the "Carved B" hoax) or ignored stories that the networks somehow managed to extensively cover anyway (McCain adviser Carly Fiorina's gaffe that McCain wasn't equipped to be CEO of a major company).
More broadly, in the new and fractured media environment, the cable-bubble-narrative has competition and doesn't necessarily reign supreme anymore to begin with.
Now the bigs are on the story.
Developing...
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McCain LOST???
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