View Single Post
Old 09-27-2012, 12:37 PM   #47
piercehawkeye45
Franklin Pierce
 
Join Date: Oct 2006
Location: Minnesota
Posts: 3,695
Quote:
Originally Posted by Adak View Post
Despite the objection by his commerce department, he lent over half a million dollars to a big supporter, to open a solar energy plant. Now they're bankrupt, of course. I wonder if our gov't will get their money back ?? Our money.
Are you talking about Solyndra? If so, there is a lot wrong with the statement.

Either way, you are complaining about a single investment that went bad. It happens and was expected to happen. Smart and investing involves diversification and that is what the Stimulus did. I'm pretty sure we are well above zero if you take all the invested companies into account, not just cherry picked ones.

Quote:
He says he's going to cut taxes for the middle class. Well, he's not, and his many tax "cuts" so far, have been from merely extending the Bush tax cuts, which he keeps trying to chip away at.
Stimulus?

Quote:
His spending will require, sooner or later, a large increase in taxes, and cuts in services. That tends to be how Socialism works - it's great until the money runs out. Then you're screwed.
So Reagan and both Bushes were socialists?!?!?! STARVE THE BEAST!!

Quote:
Obama has taken over $716 million out of senior care, to help fund Obama care.

...

When the fact checkers are giving Obama "4 Pinnoccio's" for his lies while campaigning, you know that:

1) He's lying, big time, and
IRONY ALERT! IRONY ALERT! IRONY ALERT!

Quote:
Taking Money from Medicare?

Ryan continued the campaign’s false line of attack that Obama had “funneled” money out of Medicare to pay for the federal health care law “at the expense of the elderly.” But that’s contradicted by Medicare’s chief actuary, in a statement at the end of the most recent report of the system’s trustees (our emphasis added):

Quote:
Originally Posted by Medicare Actuary, April 23, 2012
[Obama's] Affordable Care Act makes important changes to the Medicare program and substantially improves its financial outlook …
Medicare’s money isn’t being taken away. The Affordable Care Act calls for slowing the growth in spending, a move that — if successful — would keep the hospital insurance trust fund solvent for longer than if the reductions didn’t happen.

Ryan himself proposed keeping most of these same spending cuts in his most recent “Path to Prosperity” budget. Yet, Ryan criticized Obama’s cuts as “the biggest, coldest power play of all” and suggested seniors would suffer as a result.

Quote:
Originally Posted by Ryan, Aug. 29
And the biggest, coldest power play of all in Obamacare came at the expense of the elderly. … [T]hey just took it all away from Medicare, $716 billion funneled out of Medicare by President Obama.
The Affordable Care Act calls for a $716 billion reduction in the future growth of Medicare spending over 10 years, with most of that — about $415 billion — coming from a reduction in the future growth of payments to hospitals through Medicare Part A. And Medicare Part A’s trust fund, as we’ve explained before, is in trouble financially. It’s set to be insolvent in 2024, even with these spending cuts. Without them, the trust fund wouldn’t be able to fully pay projected benefits in 2016, the Medicare trustees estimate.
http://factcheck.org/2012/08/ryans-vp-spin/

http://www.politifact.com/truth-o-me...ed-716-billio/
__________________
I like my perspectives like I like my baseball caps: one size fits all.
piercehawkeye45 is offline   Reply With Quote