[hyteckit]

Republicans are socialist pigs too.

Ronald Reagan - Greatly expanded EITC in 1986, giving tax credit to those who don't earn enough. This EITC tax credit is what some conservatives, including those on the forum, call welfare.

Sarah Palin - Tax corporations in order to provide everyone in Alaska a rebate check, or welfare check, of $1200 just for sitting on their asses. Palin said we must "share the wealth".

John McCain - Supports the $700 billion bailout. Wants to give a $5000 tax credit to Americans to purchase their own health insurance. Wants to spend $300 billion of tax payers money to buy up bad mortgages.

Pres. Bush - Supports the $700 billion bailout. Wants government to take ownership of banks.

[kobi]

Don't forget these "Socialist" programs:

Social Security
Disability
VA Health Care
Injecting the banks directly with cash

But it's not Socialism when the Republican's do it right?

[Chongo]

It's socialism who ever does it.
Let me get my best Duncan Top out.

Originally Posted by hyteckit 

Republicans are socialist pigs too.

Ronald Reagan - Greatly expanded EITC in 1986, giving tax credit to those who don't earn enough. This EITC tax credit is what some conservatives, including those on the forum, call welfare.

This was part of the 1986 tax reform act sponsored by Democrats, Rep. Richard Gephardt and Sen. Bill Bradley and was what they got in exchange for a reduction the number of tax brackets, the top rate dropped from 50 to 28%, in addition to eliminating a number of deductions.

Sarah Palin - Tax corporations in order to provide everyone in Alaska a rebate check, or welfare check, of $1200 just for sitting on their asses. Palin said we must "share the wealth".

The money for this comes from the royalty paid to the state from the oil companies that has been in place since the north slope was opened for oil exploration, and could be kept by the state.

John McCain - Supports the $700 billion bailout. Wants to give a $5000 tax credit to Americans to purchase their own health insurance. Wants to spend $300 billion of tax payers money to buy up bad mortgages.

Tax credits to people who pay taxes, no. Buying the bad loans is another Fannie/Freddie/GSE quasi socialist move.

Pres. Bush - Supports the $700 billion bailout. Wants government to take ownership of banks.

he wants them to by stock, not take owner ship and sell it once they are out of danger. At that point it's quasi socialist. If the Fed buys >50% of the stock and does not sell it, then were talking full blown socialism.

BO voted for the bailout as well, and also makes him a socialist pig.

[Spliff]

"During the 2000 campaign, on MSNBC’s “Hardball,” a young woman asked him why her father, a doctor, should be “penalized” by being “in a huge tax bracket.” McCain replied that “wealthy people can afford more” and that “the very wealthy, because they can afford tax lawyers and all kinds of loopholes, really don’t pay nearly as much as you think they do.” The exchange continued:

YOUNG WOMAN: Are we getting closer and closer to, like, socialism and stuff?. . .
MCCAIN: Here’s what I really believe: That when you reach a certain level of comfort, there’s nothing wrong with paying somewhat more. "

For her part, Sarah Palin, who has lately taken to calling Obama “Barack the Wealth Spreader,” seems to be something of a suspect character herself. She is, at the very least, a fellow-traveller of what might be called socialism with an Alaskan face. The state that she governs has no income or sales tax. Instead, it imposes huge levies on the oil companies that lease its oil fields. The proceeds finance the government’s activities and enable it to issue a four-figure annual check to every man, woman, and child in the state. One of the reasons Palin has been a popular governor is that she added an extra twelve hundred dollars to this year’s check, bringing the per-person total to $3,269. A few weeks before she was nominated for Vice-President, she told a visiting journalist—Philip Gourevitch, of this magazine—that “we’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs.” Perhaps there is some meaningful distinction between spreading the wealth and sharing it (“collectively,” no less), but finding it would require the analytic skills of Karl the Marxist."

Source: Like, Socialism

[hyteckit]

Spreading the wealth is the American way.

Sharing the wealth is socialism.

Okay, I'm just simplifying it.

[Big Mac]

Reagan a Socialist. Uh huh. Better tell the Socialists that the president they hated the most was one of them.

[hyteckit]

Ronald Reagan would have endorse Obama.

http://www.youtube.com/watch?v=nrBKC3nQHYk

[tie]

Originally Posted by Chongo 

The money for this comes from the royalty paid to the state from the oil companies that has been in place since the north slope was opened for oil exploration, and could be kept by the state.

It is socialism. What work have the residents done to earn that money? None. What right do they have to that money? None. They tax the companies who are doing all the work and they redistribute it as welfare checks.

It is amazing that Republicans accuse Obama of being a socialist for wanting to return taxes on the rich to where they were during Clinton's administration. (Was Clinton a socialist?) And yet they happily support their own socialist vice presidential candidate. There are so many contradictions in supporting Palin's candidacy, though, and this isn't even the biggest one.

[kobi]

Originally Posted by hyteckit 

Ronald Reagan would have endorse Obama.

http://www.youtube.com/watch?v=nrBKC3nQHYk

That is too good.

[olePigeon]

Ah, but are they also A-rab terrorists?!

[hyteckit]

Originally Posted by Chongo 

The money for this comes from the royalty paid to the state from the oil companies that has been in place since the north slope was opened for oil exploration, and could be kept by the state.

Taxing companies and giving the money to everyone working or not, is not welfare anymore because that money could be kept by the state? What?

[kobi]

Originally Posted by Chongo 

ItThe money for this comes from the royalty paid to the state from the oil companies that has been in place since the north slope was opened for oil exploration, and could be kept by the state.

Wait. If the state controls the oil royalties, and Palin distributed the checks to Alaskan's from the oil royalties; wouldn't that be Communism?

I guess being that close to Russia, has really effected ol' Sarah. Huh?

[tie]

I don't know if Palin is a communist or a socialist, but that money should either be kept by the companies or it should be going to the federal government. It should not be given to Alaskans as welfare payments. Why is it okay for an entire state to be on welfare? This is worse than France.

[andi*pandi]

because they need the cash payout as a reward for living there? Seasonal affective disorder? Extreme cold?

I think I need a "putting up with traffic" stipend. We can tax all the office complexes in my hometown.

[Chongo]

Originally Posted by kobi 

Wait. If the state controls the oil royalties, and Palin distributed the checks to Alaskan's from the oil royalties; wouldn't that be Communism?

I guess being that close to Russia, has really effected ol' Sarah. Huh?

No,it's quasi socialism. The state does not own the oil companies. It place the funds into the Alaska Permanent Fund(current balance ~$40B and is administered by the Alaska Permanent Fund Corporation), and the dividends earned are paid out annually, not monthly, The average being about $600. Everyone gets the same amount, regardless of income.

[Chongo]

Now, as to tax credits. They should end once $0 is owed. No one should be allowed to get back more than what they paid in taxes.

[ebuddy]

Originally Posted by tie 

It is socialism.

Well at least many here won't have to be told what socialism isn't any more. Republicans are socialists too. Yay. We're circling the drain no doubt, but there's no reason to hasten the flow.

[Mrjinglesusa]

The problem here is that people think "socialism" and "social democracy" are synonymous. They are not.

[Mrjinglesusa]

Originally Posted by Chongo 

Now, as to tax credits. They should end once $0 is owed. No one should be allowed to get back more than what they paid in taxes.

I agree and this is one thing I hope Obama changes in his tax plan if elected.