On Tue, Aug 28, 2012 at 2:27 PM, Shola Adenekan <sholaadenekan@gmail.com> wrote:
Dear Ibigbolade,
Yes, the Democratic Party controlled both houses from 2008-2010. However, Obama foolishly tried to be bi-partisan, believing naively that he can change Washington. He caved in to the Republicans on many issues such as the closure of Guantanamo Bay; he allowed the Bush tax cut for the very rich to continue; he tried to get the ACA bill passes across party line.
But the party opposite was not having it; the idea of having a Black man in the White House for too much for some of them, and for others, Obama is a Communist!
Back to the present; Romney-Ryan ticket wants to continue the Bush Tax Cut, while increasing taxes on people earning 250,000 dollars or below, with the idea that the rich will use the tax cut to employ the jobless. Now explain to me, how does reducing tax for the wealthy help to grow the economy? It didn't work under G.W Bush and it's not currently working in Britain.
You can't tax the middle classes more and expect the economy to grow. Rich folks like Romney often take their money to the Cayman Island and Switzerland, while the middle classes will always spend their money locally, money that will grow the economy. The idea of a trickle-down economy is baloney conjured up by some right-wing economist to favour his rich friends. The rich do not employ people because they are charitable they employ people to grow their wealth. This is the same reason people like me are against the recent hike in the price of petroleum products in Nigeria because it's a tax hike on the masses when it's the rich who should be taxed more.
Romney-Ryan want to cut government programs such as road constructions and benefits including Medicare, so as to grow the economy, but you can't cut your way out of a recession. Cutting puts more pressure to the already squeezed middle classes, and in the process small businesses who really on middle class spending suffer.
If you want more money in the pockets of the middle classes to spend to grow the U.S economy you need Obama, but if you think wealth from the rich will really trickle down to the middle classes and the poor, then Romney is your man.
And there you have it!
Regards,
OlorunsholaOn Tue, Aug 28, 2012 at 5:27 PM, Ibigbolade Aderibigbe <gbolaade.aderibigbe@gmail.com> wrote:
But don't forget the Presedent had the first two years with absolute
party control of both the Senate and the House...
On 8/28/12, Soni Oyekan <sonioyekan@gmail.com> wrote:
> Yes, your comments are in order. I understand that we will continue our
> debates until Nov 6 and the debates are quite welcome. They will enlighten
> us as we discuss. That is what this forum is for.
>
> What must not be forgotten, however, are the 3+ years of orchestrated
> hurdles thrown at each cogent financial strategy and tax initiative to
> stimulate the economy by the Republican controlled House of Representatives
> to frustrate the White House. Even the drawn out battle that resulted in
> loans to save the auto and financial institutions, pillars of the US
> economy, are now being claimed by the Republicans. In my humble opinion,
> those bold economic moves provided much required stabilization of world
> markets at that critical time and stimulated the US economy.
>
> What is required now is an equally astute Congress keenly tuned in to the
> dire economic situation of Main Street USA for now and in the future. We
> need leadership that cares for a huge segment of the US population.
> President Obama has demonstrated in no uncertain terms his plans for the US
> with respect to the economy, homeland security and upgrading the image of
> the US in the World.
>
> Peace and Go's blessings to all.
>
> On Tue, Aug 28, 2012 at 8:20 AM, Ibigbolade Aderibigbe <
> gbolaade.aderibigbe@gmail.com> wrote:
>
>> And what future do we have by voting for the current President. What
>> is the record for the almost four yeears in government. This is not
>> about kinsmam emotions. It is about reality!!!
>>
>> On 8/28/12, Soni Oyekan <sonioyekan@gmail.com> wrote:
>> > In the interest of open, dynamic and current communication, I share
>> > this
>> > excerpted note with you. I received this note from one of my esteemed
>> > schoolmates from Yale who was sharing it with a Yale mailing network.
>> > Despite some of the financial successes of many of those schoolmates,
>> they
>> > still see the need to understand what is at stake in the 2012 November
>> > elections and share concerns with the high points of the Republican
>> > campaign strategies!! Peace and God's blessings to all.
>> >
>> >
>> >
>> > Letter: Republican circus comes to Florida showing how little it offers
>> to
>> > country<
>> http://www.tcpalm.com/news/2012/aug/28/letter-republican-circus-comes-to-florida-how-it/
>> >
>> > 8/28/2012
>> >
>> > Letter:
>> > ** Republican circus comes to Florida showing how little it offers to
>> > country
>> > From Frank Moroz, Fort Pierce
>> >
>> > Get ready, people, the circus is coming to town. You'll see elephants
>> > and
>> > the biggest side show ever. What a lineup: Mitt Romney, the
>> > Etch-A-Sketch
>> > man, can change his mind in a split second, followed by Paul Ryan the
>> > magician, who can eliminate Medicare with one stroke of the pen.
>> >
>> > Don't forget the mind-reading duo of Allen
>> > West<http://www.tcpalm.com/news/topic/allen-west/>and Tom Rooney. They
>> > can count Communists and Muslims in their sleep, fear
>> > mongers who will say anything to get elected. West can even name names
>> > —
>> > No. 1, No. 2, all the way up to 81.
>> >
>> > Please don't forget the birther man. His only offering to get people
>> > back
>> > to work is to make sure the president has a birth certificate. I guess
>> > if
>> > you have a lot of people printing birth certificates, you can lower the
>> > unemployment rate by one or two.
>> >
>> > Do you really want to cast a vote for the sideshow? Are there any
>> > members
>> > of the GOP who want to do more than just say no to everything? The
>> > Republican Party is obsessed with removing President Barack Obama from
>> > office, not for the good of the people, but to gain power over them. A
>> vote
>> > for a Republican is a vote for a tax break for the super rich and a tax
>> > increase for everyone else.
>> >
>> > Please don't vote for the sideshow. Be a voice for the common man and
>> > not
>> > the special-interest group of the far right. **
>> >
>> > Have fun reading and planning your strategies!
>> >
>> > Dr. Soni Oyekan.
>> >
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>> >
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