Archive for October, 2008

Obama’s Tax Plan

This morning I read (again) the published details on Obama’s Tax Plan.  You can certainly go read them yourself, but I’m going to republish the summary here:

Impact of the Obama Tax Plan

WHO   TAX CUT 
Married Couple Making $75,000 with two children, one of whom is in college  $3,700
 [includes $1,000 Making Work Pay; $500 universal mortgage credit; and $4,000 college credit net of current college credits]  
Married Couple making $90,000 $1,000 
Single Parent making $40,000 with two young children and childcare expenses. $2,100
[includes $500 making work pay; $500 universal mortgage credit, and $1,100 from Obama expansion of the child care tax credit] 
70-Year Old Widow Making $35,000 $1,900 

Source: Calculations based on IRS Statistics of Income. Tax savings is conservative; does not account for up to $500 in savings from expanded Savers Credit and the $2,500 in savings per family from the Obama healthcare plan.

GET THE DETAILS:

Full Obama Tax Plan
Comparison of the Obama and McCain Tax Plans
Key Facts About Obama and Taxes

Popularity: 11% [?]

Dear Senator McCain: We remember the Keating 5 (you were one of them)

Lest we forget, the last time the country had to bailout an industry – the savings & loans of the late 1980s – John McCain was right in the middle of it.  What came to be known as The Keating Five included none other than John McCain, current Republican nominee for President of the United States.

This video was brought to my attention this morning via twitter, but because it was not running properly on the original site, I’ve downloaded & embedded it here.

The original video and more may be found here http://www.keatingeconomics.com/

Popularity: 1% [?]

Bruce Springsteen wants his America back

A tip of the hat to my friends @mathewi and @rhh for the pointer to this speech – jbminn

Bruce Springsteen appeared yesterday at a voter registration event in Philadelphia. Here’s what he had to say about Barrack Obama & America. I’m thrilled to see & hear that someone in a position as potentially influential as Bruce’s is this passionate, eloquent, and insightful about why America needs Barrack Obama right now.

I hope it is ok to republish a large part of that speech here:

"In my job, I travel the world, and occasionally play big stadiums, just like Senator Obama. I’ve continued to find, wherever I go, America remains a repository of peoples hopes, possibilities, and desires, and that despite the terrible erosion to our standing around the world, accomplished by our recent administration, we remain, for many, a house of dreams. One thousand George Bushes and one thousand Dick Cheneys will never be able to tear that house down.

They will, however, be leaving office, dropping the national tragedies of Katrina, Iraq, and our financial crisis in our laps. Our sacred house of dreams has been abused, looted, and left in a terrible state of disrepair. It needs care; it needs saving, it needs defending against those who would sell it down the river for power or a quick buck. It needs strong arms, hearts, and minds. It needs someone with Senator Obama’s understanding, temperateness, deliberativeness, maturity, compassion, toughness, and faith, to help us rebuild our house once again. But most importantly, it needs us. You and me. To build that house with the generosity that is at the heart of the American spirit. A house that is truer and big enough to contain the hopes and dreams of all of our fellow people by our ability to accomplish this task. Now I don’t know about you, but I want that dream back, I want my America back, I want my country back.

So now is the time to stand with Barack Obama and Joe Biden, roll up our sleeves, and come on up for the rising."

 - Bruce Springsteen.

http://www.motherjones.com/mojoblog/archives/2008/10/10087_springsteen_philadelphia_rally_obama.html

Popularity: 13% [?]

Don’t sit silently & let racism divide us

One of my Twitter friends ( @willotoons ) pointed this out.  Wow.  I got goosebumps watching this.

Popularity: 1% [?]

Don’t Vote

Pass it on.

Popularity: 1% [?]