Does Obama Want a Trillion-Dollar Global Tax?

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This question of Aid

Unfortunately James, the problem is that china has bought alot of our debt. This could be used against us to shade our policies. This is all due to the loans we have taken out to pay for all of the programs we keep spending on. I will be the first to say that I am not the most learned person on some of these matters but I do know that we need to be able to PAY for all of this. We are in Iraq, ok... not a fan of the war but we can't just back out. Aside from this we still have alot of programs that we pay for with no benefit. Aid being near the top of the list

Gregory Pruett of OK @ Jul 16, 2008 20:40:17 PM

aid

We have been the largest donor country in the history of the world and nobody likes us. Cut off every country, that didn't support us in Iraq, for 1 year. Let 'em see what it's like to do without our help. Send the UN to France or Germany, let them deal with those yahoos. Be done with foreign aid to countries that are dictatorial; I feel for the citizens, but they've gotta work that out. Close our borders to ALL illegal immigration, no anchor babies, no to the ones already here (illegally). Drill here and drill now.

James P. of FL @ Jul 07, 2008 09:04:59 AM

CHANGE!

Most Obama supporters I have spoken to have no idea of his policies. When confronted with the truth (such as the fact he will not only continue our warped middle east policies, but expand military intervention into africa as well) they blindly say 'well he's going to bring 'change.

How?

by brining hope!

how?

by bringing change!

I have never seen so many people in willful denial of reality.

of IL @ Jun 20, 2008 11:25:56 AM

Obama Trillions

I've got a solution: let the liberals, professors, and economists pay for this drivel. Let people with more sense than money alone. It makes my head spin to think how fast these programs would tank if the left-leaners had to pony up their own money for these follies than relying on OPM.

trentk268 of CA @ Jun 19, 2008 17:58:52 PM

kenya

I think we know who Obama is thinking about. KENYA and all his relatives who hate Christians.

bob c of LA @ May 20, 2008 11:36:14 AM

Obama - U PAY YOUR BILLS

How come I have to pay my bills for my company and my family-when this guy goes BEGGING for money to run a campaign- Hey Obama, get a life and get a JOB !

Gary of ME @ Mar 30, 2008 14:43:33 PM

Change

"Change We Can Believe In"...yeah, change for the worse.

Obama will bankrupt this nation.

Alan of TX @ Feb 27, 2008 12:22:43 PM

Where willl the money come from?

Just wondering how he plans to pay for all of this when we cannot even pay for health care for U.S. citizens? Shouldn't we take care of ourselves first so that we have a strong nation that can continue to help others well into the future?

TFS of TX @ Feb 26, 2008 20:01:47 PM

global tax

I urge everyone to go over to Thomas Barnett's web site/blog 9http://www.thomaspmbarnett.com/weblog/0and check out his take on the best way globalization can speed development. But in a nutshell:

" Military-Market Nexus The seam between war and peace, or the link between war and the "everything else" that is globalization. The nexus describes the underlying reality that the warrior culture of the military both supports and is supported by, the merchant culture of the business world. I express this interrelationship in the form of a "ten commandments for globalization": (1) Look for resources and ye shall find, but...(2) No stability, no markets; (3) No growth, no stability; (4) No resources, no growth; (5) No infrastructure, no resources; (6) No money, no infrastructure; (7) No rules, no money; (8) No security, no rules; (9) No Leviathan, no security; and (10) No (American) will, no Leviathan. Understanding the military-market link is not just good business, it is good national security strategy."

james pethokoukis of DC @ Feb 23, 2008 10:28:30 AM

Just a thought...

Mark from CA, you stated that Reagan trickle down economics is a fallacy. Then you go on to post something intriguing:

"Look at what Ireland has been able to accomplish by similarly lowering its corporate tax rate to 18%. They built a world-leading IT and services industry out of nothing in less than a decade. "

By your own admission, you are stating that by making and keeping taxes LOW you can have outstanding productivity and economic growth. This very admission not only discounts your position, but everyone else's position in this thread, as well as that of Barack Obama's. No sir, Reagan trickle-down economics is not a fallacy. The TRUE fallacy is the belief that you can tax individuals at a high rate and expect hand over fist of growth. No Democrat or liberal has ever successfully argued that you can have high growth and high taxes simultaneously. The two are anethema of each other.

On an aside, when I was watching Neil Cavuto interview a Barack campaign advisor on his economic agenda, he asked her how he was going to pay for it. Of course, she danced around the question, much like the Texas Senator did on Chris Matthews when asked to mention an accomplishment of Barack in the Senate until forced to admit that he couldn't, and eventually she admitted to Cavuto that she was not going "to be goaded into saying that Barack is going to raise taxes." Now I wonder why that is. Maybe in the dreamy world of the Democratic primaries, tax increases are the rage, but in the reality of the general election, Obama knows that raising taxes will be the death knell in bid to become the next president of the United States.

Chris of AZ @ Feb 22, 2008 10:13:10 AM

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U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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