Sep 20 2008
Obama Wants $845 Billion for Global Poverty Act!
Barack Obama wants to take $845 billion away from us and America and give it the U.N. to distribute to global poverty. And this does sound like a nice deed, but there are some cons to this plan. First not one dollar of the $845 billion will go to any of the poor in the United States of America. Expect to pay even more money during our hard economic times if Obama is President, about $2,500 from every single American. And there are other plans attached to the Act.
Duane Lester, writer of All American Blogger stated these cons about the Global Poverty Act: ‘In 1964, there were 36 million Americans living in poverty, or about 19 percent of the population. In the 40 years between 1964 and 2004: … poverty never measured less than 11 percent of the population. In 1983, under President Reagan, poverty registered 15.2 percent; in 1993, at the beginning of Bill Clinton’s presidency, poverty was measured at 13.7 percent of the population. In 2004, under George W. Bush, a president often accused by the political Left as not caring about the poor, the poverty rate declined to 12.7 percent. Still, some 37 million Americans remain poor.”
Despite all of this, “Obama is ready to take the fight global,” said Lester.
“In addition to seeking to eradicate poverty, that declaration commits nations to banning ’small arms and light weapons’ and ratifying a series of treaties, including the International Criminal Court Treaty, the Kyoto Protocol (global warming treaty), the Convention on Biological Diversity, the Convention on the Elimination of All Forms of Discrimination Against Women, and the Convention on the Rights of the Child.”
We cannot even solve America’s poverty problem and Obama thinks he can solve the worlds’ poverty problems. What ever happen to the old saying: Give a man a fish and feed him for a day, teach a man to fish and feed him for a lifetime.
Check out this great video of Glenn Beck, he is pretty funny and true:
Right on Conservative Ally! Great Blog and right on current subjects.
Obama is a fool to listen to the Communist led UN. And where is he going to get this almost Trillion Dollars. That’s right from everyone in America, making everyone in America even poorer. By raising taxes on Americans and sucking dollars out of an already hurting Economy but does Obama care no way. There isn’t a tax increase on America that Obama doesn’t like.
Obama again is the enemy of America and everyone that lives here.
Wow! This is all we need a whole bunch of Tax increases on everyone in America to give money to the UN and the way they want to spend it. Like the UN will ever give even a single dollar of it to help the worlds poor.
Obama is wrong again and just plain Crazy! He will finish off an already struggling economy with this stupid plan. But that’s right Obama doesn’t care about America.
Here is a good comparison of Candidates with a good break down of Obama’s proposed tax increases:
2008 PRESIDENTIAL CANDIDATE COMPARISON
ISSUE
JOHN McCAIN
BARAK OBAMA
Favors new drilling offshore US
JM…Yes
BO…No
Will appoint judges who interpret the law not make it
JM…Yes
BO…No
Served in the US Armed Forces
JM…Yes
BO…No
Amount of time served in the US Senate
JM…22 YEARS
BO…173 DAYS
Will institute a socialized national health care plan
JM…No
BO…Yes
Supports abortion throughout the pregnancy
JM…No
BO…Yes
Would pull troops out of Iraq immediately
JM…No
BO…Yes
Supports gun ownership rights
JM…Yes
BO…No
Supports homosexual marriage
JM…No
BO…Yes
Proposed programs will mean a huge tax increase
JM…No
BO…Yes
Voted against making English the official language
JM…No
BO…Yes
Voted to give Social Security benefits to illegals
JM…No
BO…Yes
CAPITAL GAINS TAX
MCCAIN
0% on home sales up to $500,000 per home (couples). McCain does not
propose any change in existing home sales income tax.
OBAMA
28% on profit from ALL home sales. (How does this affect you? If you
sell your home and make a profit, you will pay 28% of your gain on
taxes. If you are heading toward retirement and would like to
down-size your home or move into a retirement community, 28% of the
money you make from your home will go to taxes. This proposal will
adversely affect the elderly who are counting on the income from their
homes as part of their retirement income.)
DIVIDEND TAX
MCCAIN
15% (no change)
OBAMA
39.6% - (How will this affect you? If you have any money invested in
stock market, IRA, mutual funds, college funds, life insurance,
retirement accounts, or anything that pays or reinvests dividends, you
will now be paying nearly 40% of the money earned on taxes if Obama
becomes president. The experts predict that ‘Higher tax rates on
dividends and capital gains would crash the stock market, yet do
absolutely nothing to cut the deficit.’)
INCOME TAX
MCCAIN
(no changes)
Single making 30K - tax $4,500
Single making 50K - tax $12,500
Single making 75K - tax $18,750
Married making 60K- tax $9,000
Married making 75K - tax $18,750
Married making 125K - tax $31,250
OBAMA (reversion to pre-Bush tax cuts)
Single making 30K - tax $8,400
Single making 50K - tax $14,000
Single making 75K - tax $23,250
Married making 60K - tax $16,800
Married making 75K - tax $21,000
Married making 125K - tax $38,750
Under Obama, your taxes could almost double!
INHERITANCE TAX
MCCAIN
- 0% (No change, Bush repealed this tax)
OBAMA
Restore the inheritance tax
Many families have lost businesses, farms, ranches, and homes that
have been in their families for generations because they could not
afford the inheritance tax. Those willing their assets to loved ones
will only lose them to these taxes.
NEW TAXES PROPOSED BY OBAMA
New government taxes proposed on homes that are more than 2400 square
feet. New gasoline taxes (as if gas weren’t high enough already) New
taxes on natural resources consumption (heating gas, water,
electricity) New taxes on retirement accounts, and last but not
least….New taxes to pay for socialized medicine so we can receive
the same level of medical care as other third-world countries!!!
http://citizenrock.org/blog/index.php?/archives/262-2008-PRESIDENTIAL-CANDIDATE-COMPARISON.html
Link to the Glenn Beck isn’t coming up for me, but I’m not on my own computer, so that could be why (I’ve not had power for six days now).
I’ve got to hand it to you on this one ally, you may be onto something.
I’d like to see some research on the following things — Obama and his connection to the Council on Foreign Relations, the Federal Reserve, Trilateral Commission, perhaps even Skull and Bones.
The quote that interested me the most was “In addition to seeking to eradicate poverty, that declaration commits nations to banning ’small arms and light weapons’.”
I know I’ve been a harsh critic of you lately, but here you touched on something that rang a little too true. If you’re interested in pursuing this, shoot me an e-mail and maybe I can point you in the right direction.
skwguitar@yahoo.com
Skwguitar - The Glenn Beck video works fine for me, so I don’t know what is wrong. Hmmm…if you search YouTube Glenn Beck Global Poverty Act you will find the video. Or perhaps click on the first link in the post.
Yes, the fact that Obama wants nations to ban small arms and light weapons is scary. How will people defend themselves against their corrupt government, police, criminals, and terrorists? Also the nations part is scary, does he want the nation of America to be under this U.N. control, I think so. This is just another clue about how Obama really feels about guns. Did you see my 2nd amendment post?
http://conservativeally.today.com/2008/09/14/obama-wants-to-take-away-the-2nd-amendment/
I am interested in researching the other topics your brought up.
Yes it’s truth!