Business

Home Depot Co-Founder: ‘Raise My Taxes, Go Right Ahead’ – ‘You Get Nothing’ Out of it

[Editor’s note: The following is a cross post by Justin Menza that originally appeared on CNBC.com]:

Congress should raise taxes on the wealthy to get the issue off the table but it won’t be enough to fix the country’s fiscal problems, Ken Langone, Home Depot co-founder, told CNBC on Tuesday.

“I happen to think the real issue is entitlements,” Langone said in a “Closing Bell” interview. “We need to get the issue of taxes off the table.”

He said Speaker John Boehner’s “Plan B” to extend the Bush tax cuts for those making up to $1 million sounds perfect because it gets the tax issue off the table and puts the focus on spending and entitlements.

“People making $1 million a year are not going to do anything different if they pay more taxes,” Langone said.

“Raise my taxes, go right ahead,” the Invemed Associates chairman, said. “Understand something you get nothing, effectively nothing, out of going after the heavyweights.”

But Republican Senator Rand Paul from Kentucky pushed back against calls for higher taxes.

“I really think in the end, as Republicans, we need to stand for what we’ve always stood for which is you stimulate the economy by leaving more money in the private sector,” he said.

Like Langone, Paul sees opportunity to cut back on military spending and means test Social Security and Medicare in order to help fix the country’s fiscal problems.

But Rand said, “The leading Democrats in the Senate have said Social Security is not broken. They won’t look at the age and they won’t means test because they think those programs are not broken.”

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©2012 CNBC LLC., Justin Menza. Featured image courtesy Getty Images.

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Comments (221)

  • GoodStuff
    Posted on December 19, 2012 at 8:13pm

    Obama has made America a failed state. But, hey, all least we gots gays in the military.

    Leftist priorities!

    Report this comment

    GoodStuff  
    • SendTheMeteors
      Posted on December 19, 2012 at 10:26pm

      I’m ashamed to admit I watched this 7 minute video. Seven minutes of my life wasted. Rand Paul spoke for 6 minutes and thirty second of it and the other guy said about 50 words, and I never did figure out his point, if he had one. Nice interview, whatever this station was. Why not just interview Paul?

      Report this comment

      SendTheMeteors  
    • scissorflash
      Posted on December 19, 2012 at 10:42pm

      Yeah, Bush did an awesome job when he was in office, you know, when the economy collapsed.

      Report this comment

      scissorflash  
    • Walkabout
      Posted on December 19, 2012 at 10:42pm

      1. “Congress should raise taxes on the wealthy to get the issue off the table but it won’t be enough to fix the country’s fiscal problems, “.
      2. “I happen to think the real issue is entitlements,”
      - Ken Langone, Home Depot co-founder, told CNBC on Tuesday.

      The point is pretty apparent.The Sycophant media has given Obama the bully pulpit & he is using ir. He is dead wrong about the numbers, but he has the EMO appeal.

      So raise the taxes. It gets that issue off the table & airwaves. Then we look at the #s & see that we still have a spending problem. Hopefully at that point it will be obvious to 70& of America then.

      Honestly though, with or without your fancy degree you are willfully ignorant.

      Report this comment

      Walkabout  
    • Walkabout
      Posted on December 19, 2012 at 10:49pm

      Earth to scissorflash

      The housing bubble & bad loans were a long time in coming. the housing bubble did into miraculously start in JAN 20, 2001.

      Maybe the police can put a hold on you & your scissors.

      Report this comment

      Walkabout  
    • Do The Right Thing
      Posted on December 19, 2012 at 11:15pm

      Hey scissors, now that you have put your canned one liner out there, now how about a reality check. Who held the keys to the checkbook under the bankrupting days under Bush? Grow up and open your mind to truth, Thats ‘CHANGE’ you could use to improve yourself.

      Report this comment

      Do The Right Thing  
    • BmanIII
      Posted on December 19, 2012 at 11:29pm

      scissorflash
      Posted on December 19, 2012 at 10:42pm

      Yeah, Bush did an awesome job when he was in office, you know, when the economy collapsed.

      Yep, and the congress was controlled by Harry “Land Deal” Reid and Nancy “piglosi” the last two years of his 2nd term. Remember?

      Are you related to that scissor hands guy?

      Report this comment

      BmanIII  
    • xiteg
      Posted on December 19, 2012 at 11:37pm

      @SCISSORFLASH

      If you actually knew what you were talking about you would know that it all started with clinton. Clinton’s economic policies started killing this country. And it was not until Bush that the real effects started to show.

      Don’t believe me? Google it. If you need help just check out how he loosened housing regulations by resigning the Community Reinvestment Act

      Report this comment

      xiteg  
    • MIBUGNU2
      Posted on December 19, 2012 at 11:55pm

      Obama has done a Great Job, took us back to the 50′s.
      Arrogant, condecending POS…

      Report this comment

      MIBUGNU2  
    • WATER-THE-TREE
      Posted on December 20, 2012 at 12:28am

      Clinton, Bush, Bammy, — They are all on the same team, they work for the bankster elites, both parties do. Why do you think a third party represents such a problem. You have seen what they did to Ron Paul, they would not let him play any reindeer games! and then when Ross Perot was doing so well, They bullied him to quit, who knows what threats they gave him, he would have won if he stayed in the game.
      Anyhow, it only looks like there are two parties, and not so much anymore, they all vote for unconstitutional laws, this country is doomed!

      Report this comment

      WATER-THE-TREE  
    • RR1
      Posted on December 20, 2012 at 1:43am

      Exactly, raising the Taxes on business will temporary give an tax income boost. But in the end, business will cut cost in all aspects.
      Then in the end will mean Layoffs / Closings

      http://www.dailyjobcuts.com
      -

      Report this comment

      RR1  
    • realindependent
      Posted on December 20, 2012 at 4:37am

      Yeah raise the age of retirement. I like the sound of a 65 year old cop. Or a 65 year old firefighter. I’m sure they can do the job right. so silly republicans.

      Report this comment

      realindependent  
    • BehindBlueEyes
      Posted on December 20, 2012 at 8:09am

      @SENDTHEMETEORS
      That’s because the businessman couldn’t articulate his point. You did say you were ashamed and you should be but not for watching the video.

      Report this comment

      BehindBlueEyes  
    • 13th Imam
      Posted on December 20, 2012 at 8:18am

      Most rich aren’t wealthy because they are stupid. They will just shelter their cash flow in investments in non taxable shelters, or just live off interest and screw the thieves in DC. BO and his band of thieves will get little out of this dog and pony show. The crap is about to hit the fan.

      Report this comment

      13th Imam  
    • jcldwl
      Posted on December 20, 2012 at 8:38am

      @ scissorflash
      And Obama was right in the mix sitting in a congress that was controlled by Dems when the excessive spending started and as President he hasn’t done anything at all to fix it. In fact there hasn’t been an approved budget since he took office. Oh and when he had complete control the first two years of office he did nothing to fix the economy. All he and his cohorts in crime did was illegally shove obama care down our throats against the will of the people. What else has Obama done on our dime…Golf, vacation, party like a college idiot at the white house, aid and abed our enemy the muslim brotherhood, let a U.S. ambassador get murdered, illegally send arms into Mexico to fabricate a reason to violate our second amendment rights, refused to call terrorist acts what they were, instead choosing to call them work place violence,(Fort Hood), insulted all of our allies, aided and abedded terrorists in the overthrow of Egypt and Lybia, ignored the victims of hurricane Sandy except for his brief campaign stop with Chris (really a progressive) Christie, used our tax dollars to bail out companies that have since failed, took over two of our three major automobile manufacturers…and that was just his first term. What do you think he will do in his second term you idiots gave him. Fix everything he’s broken?

      Report this comment

      jcldwl  
    • bijobe
      Posted on December 20, 2012 at 9:37am

      What are the Republican solutions to this large deficit problem?? Cut the CPI raise in retiree benefits! This should do it! After abouit 350 years we should balance the budget under this proposal. Oh wait!! Forgot!! Spending will continue to go up so we should not only cut CPI raises but take away ‘earned’ benefits as well.

      Report this comment

      bijobe  
    • teaisstronger
      Posted on December 20, 2012 at 10:03am

      TAX INCREASES ARE LIKE POURING ACID ON THE WHEELS OF OUR ECONOMY

      Obama ordered that acid be poured into the oil crankcase of all cars surrendered in his insane AUTO CLUNKER program. Now he is going to turn our economy into a CLUNKER program with the GOP blessings.

      Report this comment

      teaisstronger  
    • 00100111
      Posted on December 20, 2012 at 10:26am

      @Send. We understand it is difficult for people like you to understand rational, logical thought. Perhaps you should watch Sesame Street?

      Report this comment

      00100111  
    • Female
      Posted on December 20, 2012 at 10:49am

      Family Finances:

      Wife (congress) “Honey, you haven’t given me a budget for the last 4 years and I noticed our charge cards have reached their limits. I don’t think we can make enough in our lifetime to pay it off. You have to decrease some golf, parties, vacations and “green investments”

      Husband (Pres): Sweetheart don’t be silly…I just have to blackmail, guilt, bribe, shame and bully my hardworking boss to give me what appears to be more on paper to confuse our creditors. I will get the kids (special interests, unions, media elite, lobbyists, and minorities) to squalk like ducks….

      W.: But we have to show a spending decrease.

      H.: No, we just decrease the amount we are asking for, and promise to figure some decreases later to our spending. This will make us appear reasonable and willing to compromise while still taking more from the boss.

      W.: Don’t you think the boss will get wise to what you are doing?

      H.: No, he’s usually asleep from me repeating myself or drunk on all my cheap freebies. Oh, and here’s your case of freebie juice.

      W.: Thanks, I have been feeling so tired after talking with you and your koolaid helps me see the world so differently. Hug?

      H.: No, we can wait for the kids with the cameras tomorrow.

      Report this comment

      Female  
    • rosegrower
      Posted on December 20, 2012 at 11:28am

      @Scissorflash
      You forget, of course, that before the economy collapsed (thanks to Freddie Mac and Fannie Mae, two government agencies) it boomed – the Dow reached 13,000 for the first time in history, and unemployment was less than 4%. So, what did Obama do? He created a “new normal” for unemployment of 8.5%. He insists that the only way to fund his credit card is to raise taxes on the people left producing. The people with the means to do so will be leaving the country, which means of course the additional tax burden WILL fall on the wage slaves. This is why Obama’s slogan was “Forward” – he wants you to bend over, grease up and take it.

      Report this comment

      rosegrower  
    • TheFrost
      Posted on December 20, 2012 at 11:44am

      The rich will just leave. The rich are the people with lifeboats on the Titanic, and those demanding spending beyond their means are just taking on water to sink the ship. The progressive movement set them up to not have to pay any federal income taxes, so they have no skin in the game and therefore don’t need to care about the federal debt since they don’t have to make payments on. It’s unsustainable and unfortunately unstoppable until the fiscal collapse we all see coming. It now appears to be a game of “who can live better now” while we can.

      Report this comment

      TheFrost  
    • fordfan
      Posted on December 20, 2012 at 11:56am

      SendTheMeteors, I’m ashamed there are people like you that actually CAN’T hear what Mr. Langone just said…..and a MOUTHFUL it was. I disagree with his premise that the people making a million or more won’t change their habits but pretty much the rest was dead on. Is it just more talking you want or less talking and go straight to the point?

      Report this comment

      fordfan  
    • John.Galt
      Posted on December 20, 2012 at 12:08pm

      @Scissor – yes, and who was in control of the house and senate when the economy collapsed? Who controlled the purse strings for the highest deficits under Bush? Answer: Nancy Pelosi and Harry Reid. And who exploded spending upon entering office? Why is it that Bush’s WORST deficit was $460 billion (2008, Pelosi/Reid control spending) and Obama’s BEST was $1.1 TRILLION? How could deficits be the “fault” of the Bush tax cuts when reversing them will only reduce the deficit by about 10%?

      Gee, how could a 30% increase in spending break the budget?? Must be the fault of the “Bush” tax cuts, which happened 5 years earlier. How could deficits be the “fault” of the Bush tax cuts when reversing them will only reduce the deficit by about 10%?

      YES, LIBERALS ARE THAT DUMB!

      Report this comment

      John.Galt  
    • witchrunner
      Posted on December 20, 2012 at 1:58pm

      The problems the repubs have right now is they have no principles that they think are worth fighting for. If raising taxes is a great idea, let it go up for everyone, then the economy should really boom, right? Langone apparently hasn’t paid attention to the last 4 years. Does he really think that agreeing to raise taxes will take it off the table? We’ve already seen the stimulus be a total failure. Is it off the table because it didn’t work? Of course not! There just wasn’t enough of it! Same for taxes. It won’t work and the dems will claim that there wasn’t enough taken.

      I get a boot out of discussions about whether Obamacare can be stopped. Of course it can be. But, there is no one willing to stand up and do it. The repubs think that if the agree with the dems, but just not as much, then they are somehow being responsible. BS! Controlling the House, they have the power to set the agenda. But, fear of being called names by the left media is their biggest concern. They should have learned from Bush. Even though Bush went along with the dems on most everything, it didn’t stop him from being vilified by the dems and the media.

      What the repubs failed to understand is that they lost, not because they stood up to Obama, but because they didn’t stand up to him. They rolled over every single time. If you don’t have principles, then it is difficult to fake it.

      Report this comment

      witchrunner  
    • Truthbeliever2
      Posted on December 20, 2012 at 3:07pm

      Yea but under Bush… Yea but under Clinton… Yea but when Obama…

      WATERtheTREE is the only one here that sees the light, but keep arguing among yourselves about who has the better party the Republitards or Demorats.

      Two sides of the same coin that play you sheeple against each other in a spectacular fashion. Both parties pass unconstitutional legislation while you bicker about which one is better.

      Hello… McFly, ANYBODY HOME???

      Report this comment

      Truthbeliever2  
    • HellboundandDown
      Posted on December 20, 2012 at 3:19pm

      Silly crybaby Rich Guy….the 1%ers are the most Entitled of them all!

      Report this comment

      HellboundandDown  
    • ChiefGeorge
      Posted on December 20, 2012 at 5:53pm

      I would not say its a failed state just yet, but its limping in that general direction day by day.

      These people just think money grows on trees even though they’re the ones running the printing presses full bore. They print money so they then can steal it back!!! What a wonderful system. They make you actually believe you have something of value, then they take it away from you…which then makes you fight them harder to hang onto every nickle.

      Just stop and think about that for about three seconds. Its unreal!

      Report this comment

      ChiefGeorge  
    • smv803
      Posted on December 21, 2012 at 10:55am

      @scisorflash or whatever…..last two years of Bush term, a dumpcrap congress did the damage and did what they do best; They ruined the housing market. Dodd-Frank…remember? Freddie and Fannie Mac…remember?

      Report this comment

      smv803  
    • smv803
      Posted on December 21, 2012 at 11:01am

      This argument is the same as gun control.
      They think that crime will end by taking away our guns
      They think the economy will stop bleeding by taxing the job creators
      Anyone see a pattern here? Take away their means and what do we have? A citizenry unable to defend themselves from a government that has created our hell here on earth!
      Who’s falling for this one? Well, we know who isn’t.

      Report this comment

      smv803  
    • Techcon
      Posted on December 21, 2012 at 2:09pm

      @SCISSORFLASH

      “Yeah, Bush did an awesome job when he was in office, you know, when the economy collapsed.”

      So if somebody (i.e. Carter) throws a brick off a building, it’s the fault of the guy (Bush) it hits?

      These Spoiled Brats have no concept of cause and effect, especially when it comes to their own policies.

      Report this comment

      Techcon  
  • Anadara
    Posted on December 19, 2012 at 8:10pm

    If you like the way that Amtrak, the USPS and the TSA works, then you’ll love Obamacare.
    This President is a Socialist bent on gutting the 1st, 2nd, 4th, 10th and 11th Amendments. The Constitution is the only thing that can save our Republic from the same fate as all of the great republics throughout history. When BHO crosses the Rubicon we will all live like North Koreans.

    Report this comment

    Anadara  
    • nonofmybiznez
      Posted on December 19, 2012 at 8:48pm

      Don’t forget the 22nd Amendment.

      Report this comment

      nonofmybiznez  
    • scissorflash
      Posted on December 19, 2012 at 10:43pm

      Which of you rights has he taken away? I think that’s just what you want to believe. Take off the tinfoil hat.

      Report this comment

      scissorflash  
    • Keatonc33
      Posted on December 19, 2012 at 11:14pm

      haha name one right you have lost since 2008! just one!

      Report this comment

      Keatonc33  
    • AZgirl9000
      Posted on December 19, 2012 at 11:44pm

      I know what you mean when you say the Constitution is the only thing that can save us. But what good does the Constitution do if people won’t defend it? Nobody has made Obama experience any consequences for his unconstitutional actions in the past. I don’t think he believes that anyone has the guts to stop him from doing whatever he wants, Constitution be damned.

      Report this comment

      AZgirl9000  
    • 1TrueOne55
      Posted on December 20, 2012 at 12:47am

      That’s because the Republicans and Democrats get their campaign funds from the same sources. The richest people in the world managed by George Soros, he works for the Fabian Society that is funded by money from the Rothchilds of England. In the 40′s and 50′s they found a poor Jew named Soros and sent him to the London School of Economics their funding was then given him and he created the Quantum fund. Investors in the Quantum fund have been the Queen of England, G.H.W. Bush, William Clinton, G.W. Bush and recently Al Gore, Leon Panetta and Barack Obama. Its why Soros decided to change his fund from public to private because the Dodd/Frank Investment Laws required Hedge funds to reveal their investor list. He financed the senators that created the law and now they are all fleeing a sinking ship most of the senators that were useful in the destruction of the USA are now exiting the Congress in droves, but they need Barack to stay and make sure that the fuse stays lit for the financial bomb that is set to go off.

      Report this comment

      1TrueOne55  
    • Lt_Scrounge
      Posted on December 20, 2012 at 1:08am

      Okay Scissorsflash, I’ll take you up on that challenge. He has, through executive order, eliminated YOUR right to due process AND warrantless searches. How did he do that you ask? By granting Interpol agents full diplomatic immunity thereby allowing them to search/raid your house without a warrant and then kidnap (arrest and extradite) you to a foreign country without any regards to US law on the subject. With full diplomatic immunity, they can kick in your door, shoot everyone in the house, steal the entire contents and whisk any survivors off to Belgium to face trial without ANY risk of criminal or civil legal action. I would say that that is denying people their Constitutional rights, though you probably won’t because he’s your guy. What do I know though, I only have a BA in Political Science with a minor in history.

      Report this comment

      Lt_Scrounge  
    • Stab_friendly
      Posted on December 20, 2012 at 8:55am

      Warrant less searches and wiretapping came via the Bush 2 era..but hey keep blazing. But as a fellow Political Science MA, let me edumicate you..

      As first revealed on December 16, President Bush issued a secret presidential order shortly after the September 11, 2001, terrorist attacks that authorized the National Security Agency (NSA) to eavesdrop on international phone and email communications that originate from or are received within the United States, and to do so without the court approval normally required under the Foreign Intelligence Surveillance Act (FISA). Facing increasing scrutiny, the Bush administration and its conservative allies in the media have defended the secret spying operation with false and misleading claims that have subsequently been reported without challenge across the media..

      Here Endeth the lesson…

      Report this comment

      Stab_friendly  
    • Keatonc33
      Posted on December 20, 2012 at 8:24pm

      LT scrounge, “I’ll take you up on that challenge. He has, through executive order, eliminated YOUR right to due process AND warrantless searches.” that was the patriot act my friend. that was the last republican president… who you elected twice

      Report this comment

      Keatonc33  
  • Patriot Z
    Posted on December 19, 2012 at 8:04pm

    im at a crossroads with this. i dont want to see the country fall but this standstill is doing more damage. i almost have to agree to let obama raise taxes and own that. then when it fails miserably and they dont cut spending, the dems and obama will have nobody to blame.but this endless “nuhh uhhh! yuuhhh huhhh” btw dems and conservs are getting conservs nowhere and in fact is doing more harm to our brand than anything. I think in libs need a lesson in tough love

    Report this comment

    Patriot Z  
    • JediKnight
      Posted on December 19, 2012 at 8:18pm

      Of course they’ll have someone to blame. They’ll blame Republicans for waiting to long or taking to long to take action. I agree with letting the Dems own it. The Republicans should absolutely vote present on any and every bill that comes up. But make no mistake, they will blame someone else. They’ve been blaming someone else for a long damn time. FDR didn’t make the Great Depression last longer than it should have. Nope, that happened because we cut govt spending just as the economy was improving (that is their argument).

      They will blame the conservatives until the conservatives go completely hands off. And even after that, it’s going to take a few years of stagnant growth before they’re kicked out. I’m convinced that they won’t get kicked out until the checks stop flowing to the leaches. Once the checks stop flowing, those people won’t know what to do and then we’ll be able to kick the liberal/progressives/socialists out of office.

      Report this comment

      JediKnight  
  • Diane TX
    Posted on December 19, 2012 at 8:00pm

    Obama has to turn the USA into a failed Nation like those in the EU. If we’re to have Global Government, there can’t be one Country wealthier than all the rest.

    Report this comment

    Diane TX  
    • nzkiwi
      Posted on December 19, 2012 at 8:35pm

      That’s a very interesting point, Diane.

      Report this comment

      nzkiwi  
    • New.World.Fastfood.Order
      Posted on December 19, 2012 at 10:19pm

      He doesn’t want a global government. He is anti-colonial. He wants hundreds of small powerless nations; including the US.

      Report this comment

      New.World.Fastfood.Order  
    • Keatonc33
      Posted on December 19, 2012 at 11:14pm

      after your done making that point, tell me again how we never went to the moon!

      Keatonc33  
  • dockman45
    Posted on December 19, 2012 at 7:57pm

    Ahh….At last the truth….Tax the rich all you want it means nothing..The rich get there money by selling things to people in one way or the other. When their costs are higher your costs are higher (get it). The government wants the rich to take more from you and give it to them so they have someone for you to blame. The end result is, you are poorer, the rich are the same as always, the government will want more and you will be mad at the wrong people for it. Notice that you are the only one screwed in this scam. The American public is the last lake of wealth on the planet and these people intend to drain that lake. They are preparing you for it, everything now is the new norm. High unemployment (normal), inflation (normal), go on wealthfare (normal), TSA groping kids (normal), cameras and police state tactics (normal), FEMA camps(normal) and never mind that money printing..
    Oh and by the way we need you to turn over your guns and your 401k because you can’t be allowed to leave them to your kids in your will…..
    But remember the people voted for it…..so don’t forget to remind them…..

    Report this comment

    dockman45  
  • progressiveslayer
    Posted on December 19, 2012 at 7:55pm

    Barry doesn’t care how much in taxes he extracts from the ‘wealthy’,the number is irrelevant all that matters to him is perception,that he’s going after the ‘wealthy’ to save the poor. Remember who the audience is here,it’s people who voted for Barry and for the most part are uneducated and think raising taxes will solve our debt problem. Barry might raise 80-85 billion,enough to run the government for 8-9 days so like I said it’s all theater to appease his simpleton base.

    Report this comment

    progressiveslayer  
    • catty
      Posted on December 19, 2012 at 8:11pm

      It is a proven fact that democratic voters are far more educated. Look it up.

      Report this comment

      catty  
    • FISH_BONE
      Posted on December 19, 2012 at 8:13pm

      The Kenyan POS couldn’t care less about the debt, a budget, etc… Those issues are simply not relevant to his plan. There is absolutely no way to successfully negotiate this mess with a maniac whose goal is not even in the same galaxy as anyone else at the table.

      Report this comment

      FISH_BONE  
    • FISH_BONE
      Posted on December 19, 2012 at 8:21pm

      Catty: Indoctrination and education are two very different things. Being a naive dolt has absolutely nothing to do with education.

      Report this comment

      FISH_BONE  
    • brother_ed
      Posted on December 19, 2012 at 8:22pm

      @CATTY

      You might want to look at the reasons Time made Obama ‘Man if the Year’.

      It has something to do with the ‘new American dynamic’ which Obama knows how to use. It is the fruition of decades of Progressive thought – the ‘low information voter’ (read ‘useful idiots’).

      Obama succeeded in getting upwards of 15% of the voters who are disinterested in politics mobilized to vote for him.

      Your stat may have been accurate in days past, but the educated class has figured out a way to get the idiots to vote.

      Most Democrats today believe they can do nothing without cradle to grave government assistance.

      We prefer to call them the ‘Entitlement Generation’.

      Report this comment

      brother_ed  
    • FISH_BONE
      Posted on December 19, 2012 at 8:32pm

      Amen Brother. Democrats, Progressives, Liberals (what ever you call them) like to think they are smarter than everyone else when in reality even the “educated” among them typcially have no real life smarts. The finest example is the “lord and savior” Barry. He may have a few initials after his name, but his practical knowledge, including life experience, is abysmal.

      Report this comment

      FISH_BONE  
    • barber2
      Posted on December 19, 2012 at 8:37pm

      CATTY: And , unfortunately, there is no CSQ test which measures common sense. Anyone who believes that you should give loans to people with no credit history and no job; anyone who believes that you can spend your way to prosperity ; anyone who believes that inanimate objects kill people; anyone who believes that Marxism is the best form of economy ; anyone who believes that a Big Brother type of government is good for ensuring individual freedom; anyone who believes that a biased media provides truth; anyone who believes that public unions have not grown out of control; anyone who believes that character assassination and intimidation lead to a better society; and anyone who believes that four more years of the Chicago radicals controlling the Democrat Party and America is not going to ruin our national unity and security…..would surely fail that CSQ test. Unfortunately, there were , apparently, a few more of them voting in the last election…

      Report this comment

      barber2  
    • barber2
      Posted on December 19, 2012 at 8:39pm

      FISH: Do you think that is why Obama hides his school records ? What, exactly, did he study… Besides Community Agitation ?

      Report this comment

      barber2  
    • FISH_BONE
      Posted on December 19, 2012 at 8:41pm

      An educated fool is still a fool. And any gullible, naive, mindless dolt who drinks the liberal agenda is a fool.

      Report this comment

      FISH_BONE  
    • Walkabout
      Posted on December 19, 2012 at 10:44pm

      catty
      It is a proven fact that democratic voters are far more educated. Look it up
      ***
      If it were true you would have linked it. FAIL! ROFLMAO @ U

      Report this comment

      Walkabout  
    • Shaneandcompany
      Posted on December 19, 2012 at 11:11pm

      Catty: What is your source that you refer to “look it up” regarding democratic voters being far more intelligent? Was that the ever avalanching to the abysmal left dimented agenda driven democrat playbook or the annual Insane Asylum Almanac? ….or maybe from the Anarchist’s Cookbook? Do tell.

      Report this comment

      Shaneandcompany  
    • drs1969
      Posted on December 20, 2012 at 12:12am

      Re: catty
      Many givmint jobs require degrees (education). Most advanced degrees go to givmint employees. Most givmint employees are Dem’s. So, what edjumacated Dem’ givmint worker wouldn’t vote for job protection?

      Report this comment

      drs1969  
    • knkberry
      Posted on December 20, 2012 at 1:54am

      Finally someone who sees this for what it is. He will raise the taxes to appease the ignorant and will not cut the “entitlements” so he will bankrupt us even faster! We need to bring ALL our troops home (but Obama will not, if for nothing else he is afraid of them) and cut ALL foreign aid but to our ONLY ally Israel!

      Report this comment

      knkberry  
    • KrishnaDas
      Posted on December 20, 2012 at 9:38am

      I have a new term, and I want credit for it: Leftists and other collectivist subjective irrational people are more “indoctricated”

      Report this comment

      KrishnaDas  
    • Walkabout
      Posted on December 20, 2012 at 9:51am

      Catty never replies. she is a shoot & scoot troll

      aka. seagull craps & flies off

      Report this comment

      Walkabout  
    • Xiccarph
      Posted on December 20, 2012 at 1:56pm

      Catty.
      Remember that education these days is owned, run, and designed by Progressive liberals. This means that statistically speaking, there is a direct positive correlation between amount of education and how far left one leans. Education vs liberalist thought is generationally dependent; that is, those who went thru k-12, say in the 50′s-60′s, received mostly an education, those who began k-12 since the 70′s have received a increasing amount of socio-political indoctrination compared to education across generations. The current generation going thru k-12 are learning little but being indoctrinated a-plenty. With the government getting into pre-schooling, the indoctrination level is amplified many-fold…the younger they get ‘em the faster they are “properly” socialized. Home schooling or picking a good private school is the only defense.

      Report this comment

      Xiccarph  
    • Tommyk1
      Posted on December 20, 2012 at 5:37pm

      You’ve heard the saying “Too smart for your own good”

      Report this comment

      Tommyk1  
    • Shamrock241
      Posted on December 21, 2012 at 5:56pm

      @Catty YO ! YO ! YO ! My Ba zhizzel Now dhats what i beez talksin bout, you knowd i beez edumacated.

      Report this comment

      Shamrock241  
  • Alternative_Thought
    Posted on December 19, 2012 at 7:49pm

    If you make 250,000.00 or less your life wont change at all. Ya! right! Health care isn’t going to cost us anything either. Ya! Right! Does anybody else feel the screw coming yet.

    Report this comment

    Alternative_Thought  
    • bleuze
      Posted on December 19, 2012 at 7:59pm

      Tax hike for the repeal of ObamCare thenwe will see how serious the President is in cutting costs

      Report this comment

      bleuze  
    • whatthecrazy
      Posted on December 19, 2012 at 11:40pm

      Yup, just waiting to be kissed………..

      Report this comment

      whatthecrazy  
  • Akridgerunner
    Posted on December 19, 2012 at 7:38pm

    Exactly right Tri Ox. Obama needs to greatly expand the “proletariat” (his voter base) to enhance the socialist nature of the US. The more lower class there are, the more dependence on government and entitlements. That’s probably the primary characteristic of Marxism. If there is no whining lower class that is dependent upon government handouts, there is no reason for Marxism to exist. That is the Marxist fan club. It’s all in the Manifesto in black and white. He has to transform the middle class into a much larger lower class to accomplish his mission.

    Report this comment

    Akridgerunner  
  • thibx
    Posted on December 19, 2012 at 7:34pm

    oboma care cut my hours from 40 to 25 hours. in oboma care anything over 30 is full time. the owner has to pay the $2000.00 per full time employee. he can not afford to pay this so 20 employees were cut, he put us on 25 to not take a chance we go over 30. thanks oboma. he will be taking in less taxes from the company i work for. is he dumb or what? guess i will go down and get my food stamps and oboma check. where is the bacon. send me some bacon. sorry i am not democrat and could never be.

    Report this comment

    thibx  
    • brother_ed
      Posted on December 19, 2012 at 8:25pm

      @THBX

      I actually know of someone who thinks that is a good thing because now instead of 20 employees, there are 25…and that’s good for the unemployment numbers!!

      True story.

      Report this comment

      brother_ed  
    • JSnake
      Posted on December 19, 2012 at 9:34pm

      The intent was so you would blame your boss or company president and not the person really responsible.

      Report this comment

      JSnake  
    • drs1969
      Posted on December 20, 2012 at 12:19am

      Re: brother
      The 40 hour work week was created in the last Depression so they could lower the official number. This time is is mostly service jobs being cut, so it’s only poor workers who are going to be screwed. At least FDR employed poor people in ‘make work’ jobs.

      Report this comment

      drs1969  
  • Tri-ox
    Posted on December 19, 2012 at 7:13pm

    Raising taxes on business owners will lead to sweeping lay-offs, just as obamacare will – But, of course, lay-offs (adding more people to the welfare rolls) are exactly what obama wants.

    Report this comment

    Tri-ox  
    • soybomb315_II
      Posted on December 19, 2012 at 7:27pm

      and so will rising debt. Only solution is to cut spending in all sectors. This problem will not be solved by tweaking tax brackets

      Report this comment

      soybomb315_II  
    • turkey13
      Posted on December 19, 2012 at 7:35pm

      My sons have their own construction company and they had to downsize so they could stay under Obamas 25 employee mandate for healthcare. My sons pay $7,000 a month in Workmans comp and that takes care of their on job injurys. Since my sons are non union they have more work than they can handel and have to turn down some jobs. When my sons bid a job the folks around here know that that is all they will pay and won’t have to worry about cost overruns or overtime. My sons pay overtime after 8 hrs. and double on Sunday or Holidays.

      Report this comment

      turkey13  
    • FISH_BONE
      Posted on December 19, 2012 at 7:38pm

      Complete dependency upon the government teat followed by everyone living in a dung hut. Barry’s dream.

      Report this comment

      FISH_BONE  
    • Walkabout
      Posted on December 19, 2012 at 10:46pm

      soybomb315_II
      This problem will not be solved by tweaking tax brackets
      ***
      True, but Obama has the bully pulpit & the MSM is giving his EMO appeal air time & not seriously analyzing it because they are in the tank for him & team D.

      Report this comment

      Walkabout  
  • HorseCrazy
    Posted on December 19, 2012 at 7:12pm

    I got a bill from the IRS for $400,000 the other day. As an owner of several businesses, a patriot, a technically disabled woman, an employer and a very conservative tax filer (no weird deductions here) I was truly disgusted. I am so sick of this government. Thanks IRS for auditing me before Christmas sending me a ludacris bill and expecting me to pay for the united states to waste my money. Maybe I should just go on disability close my various businesses fire my employees and mooch off of the rest of society. My life would be so much easier. Cant wait until they further screw me for making money and employing many people who we love and care for.

    Report this comment

    HorseCrazy  
    • FISH_BONE
      Posted on December 19, 2012 at 7:51pm

      That is exactly what the bastard Barry wants you to do: close your business and be forced to suck off the government teat. That’s his goal for all of us.

      Report this comment

      FISH_BONE  
    • Chinishque
      Posted on December 19, 2012 at 8:02pm

      Horse…same thing happened to me, though your bill is much higher than mine. I have two small businesses and now I will be forced to shut one of them down…maybe both.

      Report this comment

      Chinishque  
    • jungle J
      Posted on December 19, 2012 at 8:16pm

      400,000.00 on how much profit….

      Report this comment

      jungle J  
    • emty44
      Posted on December 19, 2012 at 9:26pm

      jungle J
      400,000.00 on how much profit?

      That is just assinine…without profit, you cannot invest or pay employees. Without profit the business closes, and then no ome gets paid…
      who cares about how much profit. From the post this person had already paid thier taxes, and then recieved an additional bill from IRS…

      Report this comment

      emty44  
  • Personalforrest
    Posted on December 19, 2012 at 7:12pm

    Our dictator could care less about any of this fiscal stuff. For him, the worse things get, the better. I truly believe he ultimatly wants America to crumble to crap so he and his puppeteers can rebuild their global utopia under their total rule. Our complacency is to blame and it is such a shame.

    Report this comment

    Personalforrest  
    • Chinishque
      Posted on December 19, 2012 at 8:40pm

      For whom the bell tolls, bother. The Govmt already knows that folks making over 250k can hire lawyers and create tax havens for themselves but then they will come back and say that now they have to lower that number down to 100k and then 75k and then it will have to cover everyone because they were unable to generate enough “revenue” to cover the bills and the rapidly expanding numbers of people receiving govmt handouts. they are purposefully creating a crisis that they we then jump in and solve by abrogating the constitution and capitalism and establishing socialism for all…except themselves and their progeny of course because some animals are more equal than others.

      Report this comment

      Chinishque  
    • Chromo200
      Posted on December 19, 2012 at 10:12pm

      CHINISHQUE … It already is in play .. we are paying hire food prices .. fortunately fuels is down somewhat. Your house is worth poop, and local taxes are going up.

      As you said we will be taxed more and more, and we will start thinking of how to get our gov’t EBT cards.

      Report this comment

      Chromo200  
  • ireport uderide
    Posted on December 19, 2012 at 7:06pm

    Just so everyone understands how pathetic our hand outs are becoming, check out this list of restaurants that accept ebt cards. In case you don’t know what an ebt card is, it’s FOOD STAMPS you suckers.
    Now get back to work, someone out there is depending on your taxes.

    http://wiki.answers.com/Q/What_fast_food_restaurants_accept_ebt_cards

    ireport uderide  
    • turkey13
      Posted on December 19, 2012 at 7:25pm

      I remember when Nancy Polesi was going to drain the swamp back in 2008. At first there was 6 of Obamas Szars that had to decline because of tax problems. Of course Turbo Timmy blamed his on Turbo Tax. Then it was found out Charlie Rangle owed almost $800,000 on his foreign condoes and his slums in DC. Old Nancy couldn’t get that plug back in fast enough. Of course The Rev. al Sharpton oews 1.2 million and Warren Buffit owes over 1 Billion. We find out Lindsey Lohan and bunch more movie stars owe. We need to fire the IRS and hire all new folks that are hungrey to make a living instead od living on unemployment.

      Report this comment

      turkey13  
    • drs1969
      Posted on December 20, 2012 at 12:28am

      I read about YUM lobbying Congress. They will lose my business, when that happens, because the local KFC is near Sect. 8 apartments!
      If you think Shitavia should have to cook her own fried chicken, you be racist.

      Report this comment

      drs1969  
  • SpankDaMonkey
    Posted on December 19, 2012 at 6:52pm

    .
    Save America Spay & Neuter your Democrate and their offspring……..

    Report this comment

    SpankDaMonkey  
    • HorseCrazy
      Posted on December 19, 2012 at 7:15pm

      theyre all going gay and getting abortions anyways thats why they are pandering for the latino vote, their culture is still relativey family oriented and they will reproduce and give them future Dem voters. too bad the majority of latino voters don’t realize how they are being used by the dems.

      Report this comment

      HorseCrazy  
    • Chinishque
      Posted on December 19, 2012 at 8:11pm

      Horse…they will once the noose tightens to include them…if fact it already is. We should all know by now that they are going to go after ANYBODY that makes over 100k per year, especially if they own a business. I know some Vietnamese folks who are telling me that their families are freer and can keep more of their income in COMMUNIST VIETNAM!!!!

      Report this comment

      Chinishque  
  • Zeke48
    Posted on December 19, 2012 at 6:52pm

    Obama is a low life and is doing this tax hike on the rich just for spite. he started the occupier crowd and encouraged them as well. He is just an organizer, racist fool that has a big thing for power. How many times does he say I’m the commander and chief. what a jerk. I never seen a President in all my years on TV almost everyday. he is the biggest ham ever. And it’s sickening.

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    Zeke48  
    • drs1969
      Posted on December 20, 2012 at 12:34am

      Listen to the radio sometime. Everytime the news comes on, the first thing the reporter says after his own name is ‘President Obama, etc., etc., etc.’ This has been going 4 years, now. Just like you’d expect in Castro’s Cuba.

      Report this comment

      drs1969  
  • sallyredneck
    Posted on December 19, 2012 at 6:52pm

    Congress should start with gov. Do it the way a company would cut. Count the pencils as my grandfather would say.

    Report this comment

    sallyredneck  
    • diypatriot
      Posted on December 20, 2012 at 4:34pm

      Sally, that’s why we tried to hire Romney. He may not have been perfect but at least he knows how to run a BUSINESS. Obama never even ran a lemonade stand.

      Report this comment

      diypatriot  
  • HUGGINGMYBABIES
    Posted on December 19, 2012 at 6:45pm

    Is a rouse. He’s right, you’d have to take 100% of all people making over $250K and even that won’t float this sinking ship for more than 9 months. I say vote present and let Pelosi and Reid own this crap….hook line and sinker. When the boat upends and the hand out crowd finds Nannerz and HarryBerry huddled in their posh DC digs……they’ll have their come to Jesus moment. Sometimes you have to let the spoiled child engorge themselves on candy only to puke it up and realize the mistake in they ways.

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    HUGGINGMYBABIES  
  • lisalake
    Posted on December 19, 2012 at 6:45pm

    Please! This is all such a crockOfShitt… anyone with 1/2 a brain knows that this all a farce. They are not after the rich. The target is the middle class. None of this will affect the truly rich.. or the poor. It will however; decimate the middle class, via job loss and taxes. And THAT is the plan.

    Report this comment

    lisalake  
    • pissantno.10
      Posted on December 19, 2012 at 6:55pm

      middel class is wear the money is . there millons of middel class compared to the 1%. lots more money to be had. thats why they want to go over the cliff. and blame the republicans .

      Report this comment

      pissantno.10  
  • DougHuffman
    Posted on December 19, 2012 at 6:42pm

    Confiscation of ALL private wealth would not gain anything against the government dept – that must be repudiated.

    Report this comment

    DougHuffman  
    • FISH_BONE
      Posted on December 19, 2012 at 7:54pm

      The POS Kenyan has no intention, desire, or even concern regarding the debt. He is an anticolonialist intent on transferring American wealth to any third world hack country who will take it. He will not be satisfied until we are all living in dung huts and eating lice off the back of a goat.

      Report this comment

      FISH_BONE  
  • freeberty
    Posted on December 19, 2012 at 6:42pm

    SMH! Was the Ebenezer Scrooge look alike the only rich guy available today?

    Report this comment

    freeberty  
  • Psychosis
    Posted on December 19, 2012 at 6:41pm

    that guy is an idiot ………….topic is WAY over his head

    money in the private sector creates wealth, and growth

    money in the government does not it creates absolutely nothing for production and economic growth it adds no value to national gdp it merely shuffles money from a to b , after of course taking a bite out of it

    example for the slow ones

    100 $ goes to government ………80$ gets sent to lazy smuck a , 20 $ goes to facilitate transfer

    100$ foes to private economy some guy uses it to build a product, then sells that product for 120$

    private sector adds value government destroys value

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    Psychosis  
  • Micmac
    Posted on December 19, 2012 at 6:41pm

    SS went out the window and on the track to failure when LBJ put the monies into the general fund. A nice Dem move, as usual.

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    Micmac  
  • banjarmon
    Posted on December 19, 2012 at 6:40pm

    The FIRST cut to federal spending Must be ALL monies spent by the WHITE HOUSE…All vacations, all czars, every thing right down to the postal fees and or stamps!!!! Cut it ALL!!!

    Report this comment

    banjarmon  
  • gyro
    Posted on December 19, 2012 at 6:34pm

    Its all a joke
    Let the private companys expand that is the only solution

    Report this comment

    gyro  
  • HornsFan96
    Posted on December 19, 2012 at 6:34pm

    Means testing for SS and Medicare is thievery. Those who paid into the program should get equal access to benefits regardless of income. Stop taking from the successful for no reason but the greed of the unsuccessful.

    Report this comment

    HornsFan96  
    • AvengerK
      Posted on December 19, 2012 at 6:52pm

      You really think Obama’s panels won’t initiate means testing? The UK’s NHS and Australia’s national health both inflict means testing on patients. If the bill gets too high for the government beaurocrat..sell your house is their answer.

      Report this comment

      AvengerK  
    • SCREW-WINDOWS
      Posted on December 19, 2012 at 6:55pm

      So George Soreass really needs his SS and Medicare.

      Report this comment

      SCREW-WINDOWS  
    • Rothbardian_in_the_Cleve
      Posted on December 19, 2012 at 6:59pm

      SS is thievery, writ large. The amount they take vs what they pay (and have done with it) is such a bad investment that nobody would do it unless it is compulsory. So guess what, it is. Your post seems to provide that people are participating in it like a 401K. They are not. People with guns extract that money from you and waste it on political gamesmanship.

      If they gave me an option to give up any claim to what I’ve paid in lieu of future “contributions” I’d take it in a heartbeat. I wonder why they won’t let me opt out when giving them 20 years worth of contributions? You think because the money I paid in isn’t there? Hmmmmm.

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      Rothbardian_in_the_Cleve  
    • dnewton
      Posted on December 20, 2012 at 12:02pm

      Democrats have a natural resistance to means testing because it uncloaks the program and makes even the less well informed aware that it is a welfare program, thus damaging the popularity. With or without the cloak, the programs are welfare programs because they provide a benefit beyond what was put into them. This is because of longer life spans and the habit of congress to fear that an excess of funds means that there is no circulation of wealth. The masters of eco-sustainability are not able to apply the concept of sustainability to economics.

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      dnewton  

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