[Plantagenet]

$this->bbcode_second_pass_quote('Sixstrings', '
')Obama, on the other hand, isn't too "presidential" but is very intelligent.

[Lore]

$this->bbcode_second_pass_quote('Plantagenet', 'O')bama is such an innumerate dope he claims the 5 billion he would raise in a year by the Buffett rule would offset the 1.4 trillion dollars of deficit he wants to create with his budget...

[Plantagenet]

Do the math yourself. Ok, OK---I'll help you.

Start with the fact that Obama claims the Buffett rule would raise 40-50 billion dollars. Of course, he doesn't honestly admit that he is counting over 10 years, so its ca. 4-5 billion a year.

I said 5 billion just to be generous.

Take Obama's deficit----he's setting records every month now as the federal deficit is running over 200 billion a month for jan and feb, but lets be generous again and say the deficit settles in close to a typical obama annual deficit at ca. 1.4 trillion.

5 billion is less than 0.5% of Obama's deficit spending.

Obama's claims that the "buffett rule" will do anything at all significant to fix the deficit problem are wrong. Very wrong.

----------------

OK---I did a google search to find an outside source for you. Here's what FORBES says about Obama's buffet rule plan:

Obama’s own Treasury Department projects that the Buffett Rule tax would raise only about $5 billion a year, less than one half of one percent of the deficit for this year. Over the next 10 years, it raises less than 0.1% of the $47 trillion President Obama proposes to spend in his 2013 budget.

Their numbers suggest Obama's math is even farther off than I suggested. Doing the math in my head, I estimated Obama was off by 99.5% but FORBES has him missing the mark by 99.9%.

[Lore]

He is claiming, tax fairness, not that it will resolve the deficit.

[Plantagenet]

Hi Lore:

Obama has repeatedly claimed the taxes from the Buffertt rule would help offset the deficit. Did you miss his big presser on cutting the deficit? Obama's announces Buffet rule in his deficit reduction plan

But anyone who checks his math, no matter where they lie on the political spectrum, quickly realizes that Obama is way way way wrong. The Buffet plan will only bring in 0.01-0.05% of what is really needed---all Obama has done with the Buffett plan is show he can't do math!

Even honest liberal democrats are forced to admit that obama can't do math. Check this out: Liberal democrat excoriates Obama for his claim that taxes from the Buffett rule will offset his huge deficits


President Teleprompter

[Lore]

$this->bbcode_second_pass_quote('Plantagenet', 'H')i Lore:

Obama has repeatedly claimed the taxes from the Buffertt rule would help offset the deficit. Did you miss his big presser on cutting the deficit? Obama's announces Buffet rule in his deficit reduction plan

But anyone who checks his math, no matter where they lie on the political spectrum, quickly realizes that Obama is way way way wrong. The Buffet plan will only bring in 0.01-0.05% of what is really needed---all Obama has done with the Buffett plan is show he can't do math!

Even honest liberal democrats are forced to admit that obama can't do math. Check this out: Liberal democrat excoriates Obama for his claim that taxes from the Buffett rule will offset his huge deficits

[radon]

$this->bbcode_second_pass_quote('Sixstrings', ' ')we'll be out of Iran soon

[Sixstrings]

$this->bbcode_second_pass_quote('Lore', 'Y')ou're giving the exact reasons why he was a great and principled man. Reagen was strong because he fed into the Zeitgeist of his party, as actors are trained to do. So, would you rather have a faker or the real deal?

[Sixstrings]

$this->bbcode_second_pass_quote('radon', '')$this->bbcode_second_pass_quote('Sixstrings', ' ')we'll be out of Iran soon

[Sixstrings]

$this->bbcode_second_pass_quote('Plantagenet', 'G')ive me a break.

Obama is such a dunce he doesn't even know that the Supreme court has been overturning laws passed by Congress ever since the Constitution was ratified.

[rangerone314]

This American civilization will fail, because the political system has baked-in corruption. It is like a really old person, when their arteries are clogged up from too much cholesterol and a lifetime of bad habits. The system is not geared to produce strong 3rd parties or independent categories, only our dysfunctional 2-party system.

The American political and economic systems are done, stick a fork in it. Inertia will continue for a while, then it will fall apart like the house of cards that it is.