So I sent my first alert to Obama's watchdog link...

[grace0418]

Anyone get this one yet? I got it from my father-in-law. Oh joy. :eyes:

Fwd: Fw: The Coming Obama Stock Market Crash

Original Message-----Subject: The Coming Obama
> Stock Market Crash
>
>
>
>
>
> President Obama and
> the Coming Stock Market Crash
> How destructive to the U.S. economy would a Barack
> Obama presidency be?
> An exclusive Newsmax analysis warns: There could be
> a very rough time ahead.
> Beneath Obama's flowery rhetoric lies a dangerous
> economic plan that will wreak havoc on the American
> economy.
> Obama plans to return to the failed policies of high
> taxation coupled with an expansion of government
> spending.
> Worse, Obama says he is absolutely committed to
> almost doubling the capital gains rate — something
> he will easily accomplish with a Democrat Congress.
> In the coming months — when investors realize that
> Obama will raise the cap gains rate — there could be
> a stampede of asset sales as investors rush to take
> their profits now to avoid Obama's doubling of the
> tax rates next year.
> All of these issues and more are explored in Newsmax
> magazine's special report "Obamanomics — the Coming
> Tax-and-Spend Nightmare," by Wall Street Journal
> columnist John Fund.
> This Newsmax magazine special report gives Americans
> the first in-depth look at the Democratic
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> they will affect not just the larger economy, but
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> Indeed, Obama makes no bones about his plans to go
> on a tax rampage. Not only would he increase the
> capital-gains tax rate from 15 percent to as much as
> 28 percent, he wants to allow the 2001 and 2003 Bush
> tax cuts to expire in 2010, which effectively raises
> taxes on Americans by tens of billions of dollars.
> He also wants to do away with the $102,000 FICA
> payroll tax cap, which means anyone making over
> $102,000 would pay an additional 7 percent in taxes
> on earned income.
> And the loan dividend tax rate George Bush
> implemented? Under President Obama it will be DOA!
> If you are concerned about your wealth and family's
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> * The surprising revelation when Barack's own tax
> returns were reviewed by an expert
> * The "proof" that Obama will kowtow to organized
> labor
> * Obama's Social Security plan: a giant
> income-redistribution scheme
> * How Obama's policies could boost some tax rates
> to 60 percent
> * Leading economist Arthur Laffer's warning on
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> * Obama's policies point by point on energy,
> healthcare, regulation, and the housing crisis
> * Who would lose under Obama's tax proposals — and
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> * How Barack "flunked" an easy question on capital
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> * Obama's plan to double America's foreign aid
> * How Obama's trade policies would damage U.S.
> multinationals
> * Obama's embarrassing denial regarding NAFTA
> * The National Taxpayers Union's Obama rating: just
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> * Obama's misguided views on technology's future
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> * The facts about Obama's charitable donations
> * A new court decision threatens home schooling
> * Why an Eskimo village is suing over global
> warming
> * The growing reliance on food stamps by millions
> * Health alert: new fluorescent bulbs pose risk
> * Mike Myers film ticks off Hindus
> * Your bank spies on you: your civil liberties
> imperiled
> * Inside the Pentagon's secret hunt for bin Laden
> * Schwarzenegger's Folly: California headed for
> crisis
> * Censored: The border wall is working!
> * Ben Stein honors our brave soldiers
> * Behind-the-scenes: CBS' Katie Couric blunder?
> * U.S. companies are hoarding cash, find out why
> * Fixing America's credit card debt
> * In death, Charlton Heston vilified by media
> * Maria Shriver pockets NBC's money
> * Doctors fear being targeted over pain
> prescriptions
> * Hot books for summer reading
> * Travel: revisiting the Cold War PLUS:Ronald
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> Again, there is so much more in Newsmaxmagazine,
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[nadinbrzezinski]

1. The crash is already happening in slow mo

so they are getting ready to blame him

That is all

[NYC_SKP]

4. He's laid groundwork for coming out to the people with the hard truth.

Obama has talked about how it's going to be hard, it's going to take work.

He spoke the truth about the "gas tax holiday" rather than pander, which would have been more politically expedient.

He can't risk coming out before November with a gloomy (though reality-based) projection of coming events, which would be one way to counter this Newsmax trash.

So, I think he'll prepare a major and significant speech after November but before inauguration day telling the American people that there are some hard times ahead, but that we'll persevere.

PS: It's to our benefit that the sub-prime crisis and oil price crisis came DURING Bush's administration and not next Spring.

[nadinbrzezinski]

9. No doubt, and I can bet they will keep using the duct tape

and bailing wire to keep things a-going if they can help it

And lord knows they've tried

[A-Schwarzenegger]

11. It is a promo from Newsmax.

[AuntPatsy]

2. Don't you think it would be a good idea to send back rebuttles on things like

this back to the person that originaly sent it? Or even use all the addressess that nine times out of ten is shown with such mass emails?

[grace0418]

25. I was hoping someone might help me with a rebuttal. But instead I'm being

blasted for trying to keep people informed about the smears out there. Which I personally would rather know about than ignore. That said, as much as my father-in-law is ignorant, I do love him and I'm not going to post his address on a public board. If I can come up with a good rebuttal I will send it to him.

[babylonsister]

3. Please, do me a favor and delete this. No reason to post it here.

Research who wrote it, where they're coming from and why, or SNOPES. Here it's not necessary.

[cui bono]

6. Yeah, you're probably right. Why repeat it. Just describe it maybe... ?

[Jackpine Radical]

10. Well, it's Newsmax, and of course they're trying to set Obama up

to take the blame for the coming stock market crash, as Nadin said above.

I just find it incredibly interesting how those beneficial Republican policies take so long to manifest their blessings, while the Democratic policies are capable of wreaking havoc before they're even enacted. For example, the Republicans spent years telling us that the prosperous 90's were the payoff for Reagan's economic policies of a decade earlier, but now the mere threat of an Obama Presidency is enough to strike immediate terror into the heart of the market.

[babylonsister]

12. Think about it; it's all Obama's fault. The actually think they can get away

with that.

[Jackpine Radical]

17. Yeah, I know. If the stakes weren't so high, you could fantasize

about them building up this story, getting McCain elected because of it, and then watch the market melt down into a puddle of goo because that's what it's gonna do no matter who's in office.

Actually, if you look at the historical numbers, the market seems to generally do better under Democrats.

The Republicans wreck things, the Dems come to power & fix them, things go OK for a while, and then the clods forget what happened last time & start electing Republicans again. I think the 30-year economic cycle that people like Ravi Batra talk about is due to our failure to transmit politico-economic memory across the generations.

[A-Schwarzenegger]

19. You nailed it.

"The Republicans wreck things, the Dems come to power & fix them, things go OK for a while, and then the clods forget what happened last time & start electing Republicans again."

[babylonsister]

20. I hear you. I do hope we have the power to fix stuff, but it's going to

take a long time after this devastation. :(

[grace0418]

22. Uh, I said in my title that I sent this to Obama's watchdog group. I thought that

made it clear I know this is bullshit. I think that we all need to see that crap that's being sent around, better to know what mud the enemy is throwing. As for freepers who might see this, well if my father-in-law got it, it's been pretty well spread amongst them anyway.

[cui bono]

5. I NEVER get those kinds of emails. Lucky me. n/t

[az chela]

7. This trash needs to be removed.Why spead that filth???

[Name removed]

13. Deleted message

Message removed by moderator. Click here to review the message board rules.

[A-Schwarzenegger]

16. sent

[grace0418]

23. Because we need to see the lies being spread.

The freepers are already spreading this bullshit. Obama's campaign wants to know, why shouldn't we also be informed? Ignoring them clearly doesn't make them go away. Look at the swiftboaters.

[polmaven]

26. Would you rather

not be aware of the latest smears so they can be defended against? That makes no sense at all!

[A-Schwarzenegger]

8. This is straight from NEWSMAX.

[papapi]

14. Why not just post your father-in-law's email address along with.....

this and see how he likes being bombarded with the truth. This kind of bilge is what repugnantcans are best at. He who must be obeyed stinking up the White House is abundant evidence of this. Lies, lies and more lies.

[papapi]

15. Is this a hit and run?

[grace0418]

24. Is what a hit and run? I clearly stated I sent this to Obama's watchdog group. n/t

[The_Casual_Observer]

18. I don't know about that, but I think I want a free Emergency Radio for $35

[applegrove]

21. Just like Carter took the blame for the supply shocks of the early 1970s - they want

the next President to take ownership of the poor Bush economy. They know they've lost. They are just trying to spin the narrative of Obama's tenure.