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Thursday, October 30, 2008

Obama’s infomercial with paid Actors ?

Its quite clear our economy is in the tank and Americans are struggling, we didn’t need to see that in his infomercial by paid Actors. What we needed to hear was clear polices that will make the future for all Americans better. Obama didn’t breakdown his policy and truly explain his Tax plan. That’s what I was waiting for, his assertion that taking from the rich and giving it the middle class or poor makes no sense. Right now 45% of all Americans pay no taxes whatsoever, nothing. So the 95% figure Obama uses means nothing, and that part he should of explained. A year ago he stated folks making less then 300k would see a tax cut then it went to 250k then to 200k in his infomercial and Joe Biden the other day stated 150k, what is it, what’s the plan. It sounds like there just shooting from the hip, There is no substance to his plan.

Obama quote: "Here's what I'll do. Cut taxes for every working family making less than $200,000 a year. Give businesses a tax credit for every new employee that they hire right here in the U.S. over the next two years and eliminate tax breaks for companies that ship jobs overseas. Help homeowners who are making a good faith effort to pay their mortgages, by freezing foreclosures for 90 days. And just like after 9-11, we'll provide low-cost loans to help small businesses pay their workers and keep their doors open. "

So how will he cut those taxes for families making less then 200k ? how much of a tax credit is he going to give companies for every new employee ?, and how much will it cost ? tax breaks for companies to keep jobs from going over seas, and how much? freezing foreclosures for 90 days, how do you do this when these people are out of work or they qualified for a Stated Income loan and can’t qualify going Full Doc using paystubs.

Obama only gives talking points with no hard facts or figures on how he is going to accomplish this goal ?.

Obama quote: "That's why my health care plan includes improving information technology, requires coverage for preventive care and pre-existing conditions and lowers health care costs for the typical family by $2,500 a year."

Obama hopes that by spending $50 billion over five years on electronic medical records and by improving access to proven disease management programs, among other steps, consumers will end up saving money. But his plan does not lower premiums by $2,500. his using smoke and mirriors on the voters.

Obama quote: "I also believe every American has a right to affordable health care."

Ok, his statement “I also believe” is not the same meaning as guaranteed health care coverage for all. He mentions children but not adults.

The 5 million spent on this infomercial would have been better spent on giving 10,000 familes currently having a tough time making there house payments a check for $500.00 dollars each. This would have been a better way of him to explain how spreading the wealth works.

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