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Participant[quote=GH]The most likely health bill to pass will include a fine for (the rich) – earners over $16K a year of around $750 each. This sounds like a BIG tax increase on wage earners between $25K and $50K who are barely meeting their current obligations or rent and car payments etc in more expensive areas of the country. I have not heard how much health insurance will cost these families, but a partially employed family of 4 could easily end up with a $3,000 fine each year in additional IRS taxes for failing to pay some undetermined amount in health insurance premiums. This does not sound constitutional to me, and most certainly is not the NO taxes we were promised for earners under $250K a year. I had this administration pegged as Bush 2 from the get go.[/quote]
It does sound like a pretty hefty bill for a family of 4 making between $25 and $50K a year. Except the likelihood of them being subject to that fine is pretty slim. If, by chance, their employer isn’t required to pick up part of their insurance bill, they would be eligible for assistance in paying the premiums. (Those making up to 4x the poverty level income will receive assistance.)
Participant[quote=GH]The most likely health bill to pass will include a fine for (the rich) – earners over $16K a year of around $750 each. This sounds like a BIG tax increase on wage earners between $25K and $50K who are barely meeting their current obligations or rent and car payments etc in more expensive areas of the country. I have not heard how much health insurance will cost these families, but a partially employed family of 4 could easily end up with a $3,000 fine each year in additional IRS taxes for failing to pay some undetermined amount in health insurance premiums. This does not sound constitutional to me, and most certainly is not the NO taxes we were promised for earners under $250K a year. I had this administration pegged as Bush 2 from the get go.[/quote]
It does sound like a pretty hefty bill for a family of 4 making between $25 and $50K a year. Except the likelihood of them being subject to that fine is pretty slim. If, by chance, their employer isn’t required to pick up part of their insurance bill, they would be eligible for assistance in paying the premiums. (Those making up to 4x the poverty level income will receive assistance.)
Participant[quote=GH]The most likely health bill to pass will include a fine for (the rich) – earners over $16K a year of around $750 each. This sounds like a BIG tax increase on wage earners between $25K and $50K who are barely meeting their current obligations or rent and car payments etc in more expensive areas of the country. I have not heard how much health insurance will cost these families, but a partially employed family of 4 could easily end up with a $3,000 fine each year in additional IRS taxes for failing to pay some undetermined amount in health insurance premiums. This does not sound constitutional to me, and most certainly is not the NO taxes we were promised for earners under $250K a year. I had this administration pegged as Bush 2 from the get go.[/quote]
It does sound like a pretty hefty bill for a family of 4 making between $25 and $50K a year. Except the likelihood of them being subject to that fine is pretty slim. If, by chance, their employer isn’t required to pick up part of their insurance bill, they would be eligible for assistance in paying the premiums. (Those making up to 4x the poverty level income will receive assistance.)
ParticipantI know what to do!!
Since buying real estate got him into this mess, the obvious solution is to borrow MORE money and buy MORE real estate. That has to work!! Cuz you know, real estate is NEVER a bad investment. All the guys in my real estate office tell me so.
(One factoid that’s missing is which property is the security for the HELOC? Doesn’t seem any of them have equity, I wouldn’t be surprised if when he tries to stupidly borrow more money, he’s told that well is empty. If it’s on mom’s house, why would he do that to mom? Put her upside down property even MORE upside down? Bad boy!!)
On a more serious note, that scheme put together by his RE friends has way too many ifs in it. Short sales and loan mods aren’t easy. You can’t assume any of them will happen. The opposite is more likely.
ParticipantI know what to do!!
Since buying real estate got him into this mess, the obvious solution is to borrow MORE money and buy MORE real estate. That has to work!! Cuz you know, real estate is NEVER a bad investment. All the guys in my real estate office tell me so.
(One factoid that’s missing is which property is the security for the HELOC? Doesn’t seem any of them have equity, I wouldn’t be surprised if when he tries to stupidly borrow more money, he’s told that well is empty. If it’s on mom’s house, why would he do that to mom? Put her upside down property even MORE upside down? Bad boy!!)
On a more serious note, that scheme put together by his RE friends has way too many ifs in it. Short sales and loan mods aren’t easy. You can’t assume any of them will happen. The opposite is more likely.
ParticipantI know what to do!!
Since buying real estate got him into this mess, the obvious solution is to borrow MORE money and buy MORE real estate. That has to work!! Cuz you know, real estate is NEVER a bad investment. All the guys in my real estate office tell me so.
(One factoid that’s missing is which property is the security for the HELOC? Doesn’t seem any of them have equity, I wouldn’t be surprised if when he tries to stupidly borrow more money, he’s told that well is empty. If it’s on mom’s house, why would he do that to mom? Put her upside down property even MORE upside down? Bad boy!!)
On a more serious note, that scheme put together by his RE friends has way too many ifs in it. Short sales and loan mods aren’t easy. You can’t assume any of them will happen. The opposite is more likely.
ParticipantI know what to do!!
Since buying real estate got him into this mess, the obvious solution is to borrow MORE money and buy MORE real estate. That has to work!! Cuz you know, real estate is NEVER a bad investment. All the guys in my real estate office tell me so.
(One factoid that’s missing is which property is the security for the HELOC? Doesn’t seem any of them have equity, I wouldn’t be surprised if when he tries to stupidly borrow more money, he’s told that well is empty. If it’s on mom’s house, why would he do that to mom? Put her upside down property even MORE upside down? Bad boy!!)
On a more serious note, that scheme put together by his RE friends has way too many ifs in it. Short sales and loan mods aren’t easy. You can’t assume any of them will happen. The opposite is more likely.
ParticipantI know what to do!!
Since buying real estate got him into this mess, the obvious solution is to borrow MORE money and buy MORE real estate. That has to work!! Cuz you know, real estate is NEVER a bad investment. All the guys in my real estate office tell me so.
(One factoid that’s missing is which property is the security for the HELOC? Doesn’t seem any of them have equity, I wouldn’t be surprised if when he tries to stupidly borrow more money, he’s told that well is empty. If it’s on mom’s house, why would he do that to mom? Put her upside down property even MORE upside down? Bad boy!!)
On a more serious note, that scheme put together by his RE friends has way too many ifs in it. Short sales and loan mods aren’t easy. You can’t assume any of them will happen. The opposite is more likely.
Participant[quote=Zeitgeist]”There you go again.”
President Obama Continues Questionable “You Can Keep Your Health Care” Promise: “At a rally in Holmdel, New Jersey, today, President Obama continued making a promise about health care reform that he has acknowledged isn’t literally true.”It isn’t literally true. But what is true is that the proposed reform will not force anyone to change. If you have your own private plan now, you can keep it. If you have employer sponsored coverage, then your employer may choose to change your coverage, just as they can now. It may change to a public plan or it may change to a different private plan. In the context of discussing the proposed reform, the difference between the literal truth and what he said is insignificant.
Participant[quote=Zeitgeist]”There you go again.”
President Obama Continues Questionable “You Can Keep Your Health Care” Promise: “At a rally in Holmdel, New Jersey, today, President Obama continued making a promise about health care reform that he has acknowledged isn’t literally true.”It isn’t literally true. But what is true is that the proposed reform will not force anyone to change. If you have your own private plan now, you can keep it. If you have employer sponsored coverage, then your employer may choose to change your coverage, just as they can now. It may change to a public plan or it may change to a different private plan. In the context of discussing the proposed reform, the difference between the literal truth and what he said is insignificant.
Participant[quote=Zeitgeist]”There you go again.”
President Obama Continues Questionable “You Can Keep Your Health Care” Promise: “At a rally in Holmdel, New Jersey, today, President Obama continued making a promise about health care reform that he has acknowledged isn’t literally true.”It isn’t literally true. But what is true is that the proposed reform will not force anyone to change. If you have your own private plan now, you can keep it. If you have employer sponsored coverage, then your employer may choose to change your coverage, just as they can now. It may change to a public plan or it may change to a different private plan. In the context of discussing the proposed reform, the difference between the literal truth and what he said is insignificant.
Participant[quote=Zeitgeist]”There you go again.”
President Obama Continues Questionable “You Can Keep Your Health Care” Promise: “At a rally in Holmdel, New Jersey, today, President Obama continued making a promise about health care reform that he has acknowledged isn’t literally true.”It isn’t literally true. But what is true is that the proposed reform will not force anyone to change. If you have your own private plan now, you can keep it. If you have employer sponsored coverage, then your employer may choose to change your coverage, just as they can now. It may change to a public plan or it may change to a different private plan. In the context of discussing the proposed reform, the difference between the literal truth and what he said is insignificant.
Participant[quote=Zeitgeist]”There you go again.”
President Obama Continues Questionable “You Can Keep Your Health Care” Promise: “At a rally in Holmdel, New Jersey, today, President Obama continued making a promise about health care reform that he has acknowledged isn’t literally true.”It isn’t literally true. But what is true is that the proposed reform will not force anyone to change. If you have your own private plan now, you can keep it. If you have employer sponsored coverage, then your employer may choose to change your coverage, just as they can now. It may change to a public plan or it may change to a different private plan. In the context of discussing the proposed reform, the difference between the literal truth and what he said is insignificant.
July 20, 2009 at 10:17 AM in reply to: We Know the Birth History of Every President Save One #434137ParticipantNo he’s not right. And neither are you.
[quote=partypup][quote=GH]Even if Obama was determined not to be a legitimate US Citizen, which given his mother IS a US Citizen, it seems to me Congress and the Senate would rush to amend the constitution to allow his presidency to continue, so I recon this angle is moot.[/quote]
Actually, I think you’re right. But I also believe that people deserve to know the truth about their Commander-in-Chief so that the issue is out in the open and in the future, should the issue come up again, we take the inquiries more seriously and ask the hard questions BEFORE someone is sworn into office.The quest for the truth is the enemy of any elected official.[/quote]
First, congress can’t amend the constitution. That right is afforded the states, and requires 3/4 of the states to ratify an amendment. It’s unlikely it could be done quickly.
Second, the inquiries were taken seriously. Obama has provided a certified copy of his birth certificate (In the case of Hawaii, they issue a document called “Certificate of Live Birth”).
This discussion should have been over a year ago.
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