Obama and the Middle or Working Class

Why is Obama fighting for the middle class?

My percentages are not exact, so don't quote me on them.

The rich compose about 10% of the population.

The poor compose about 25% of the population (and growing at the expense of the middle class).

That leaves about 75% for the middle or working class.

The rich obtained and maintain their wealth by leveraging the wealth of the middle or working class.

The middle or working class support and maintain the poor.

When it comes to charitable donations, the middle class will provide a full meal and in most cases will not be able to take a tax deduction, whereas the rich will donate a 5 cent cookie and a 10 cent scoop of ice cream, take a $50 tax write off along with the profits from the prescription drugs needed to treat the cholesterol and high blood pressure caused by the 5 cent cookie and 10 cent ice cream scoop.

The rich are not complaining about Obama's tax policy's because they know that their wealth is dependent on the middle class and without the middle class the poor would be without the charitable organizations that they need to survive.

The previous eight years of Republican control stripped away all the gains that were made under the Clinton Presidency. If we give Congressional control to the Republicans they will resume stripping away at the gains and wealth of this country, increasing the gap between rich and middle or working class Americans.
Obama is fighting for the middle class to protect our way of life and save the country from an economic colaspe causes by eight years of Republican leadership.

The Old HUD

http://www.luvastor.blogspot.comWhen my parents brought their house from HUD, it was a straight forward deal that was not corrupted by Real Estate Brokers. That was 50 years ago. Fannie Mae needs to return to the old way of selling the houses that it has accumulated.

The current method of disposing of the homes accumulated when the bottom dropped out of the housing market is unnecessarily expensive to the country and Fannie Mae. It's not working because Fannie Mae has made it more profitable for the Real Estate companies to sit on the houses than to sell the houses.

In to many cases the expense vouchers submitted to Fannie Mae for the maintenance and utilities is more than the sales commission. I have tried to contact Real Estate Brokers for information on purchasing some of the properties with a low listing price and the Brokers will not return calls and in most cases the calls are not answered.

If Fannie Mae would allow direct purchases without requiring that a purchaser go through a broker, it could remove most of the corruption, rid itself of most of the properties, maintenance and utility expenses and the bad reputation that it has acquired.

jonymor

It's Not a Tumor, It's a Brain Worm - ABC News

It's Not a Tumor, It's a Brain Worm - ABC News

A screaming-fast PC changed my life. It will change yours, too. - By Farhad Manjoo - Slate Magazine

A screaming-fast PC changed my life. It will change yours, too. - By Farhad Manjoo - Slate Magazine

TARP, GOOD OR BAD?

Republicans were shouting that President Obama made a bad decision in supporting TARP, they said that TARP would increase the deficit, and that Obama is bad for the country. TARP had become a rallying point for John Boehner & company, but now that the true figures have been released showing that not only is TARP making money, it will repay some of the money that Bush gave away. This topic has become an embarrassment to the Republicans so they have quietly slithered away from the topic, hopping that it will not be brought up again.  See Treasury Gets $16 Billion By Rebecca Christie September 9, 2010 7:00 PM CT at:

http://www.bloomberg.com/news/2010-09-10/tarp-dividend-payments-total-16-billion-treasury-figures-show.html?cmpid=yhoo

My Thoughts

My Thoughts

I often use the term “to many” which in to many cases an unrealistic number is inserted making the statement absurd. When I use the term “to many” the number could be as high as 99% as in the case of Republicans following the racist agenda of John Boehner and blocking every bill the Democrats proposed to spur job creation and improve a slumping economy simply because the President is Black, or as low as one as in the case of young women throwing new born infants in garbage dumpsters because they do not know that they can drop them off at any hospital or fire station with no questions asked or embarrassing backlash.

The young women do not have to identify themselves and will not be charged with any crime whereas if they dropped an infant in a dumpster they would be charged with murder and the infants DNA would be used to find and convict them. On the other hand, John Boehner knows exactly what he's doing and why. He knows that if he uses his position as minority leader to block the Democrats efforts to improve the economy he will gain support from the racist segments of our society. The racist segments of our society has the ability to draw in non racist and snowball to the point of convincing themselves and others that Obama is responsible for the problems inherited from Bush and fixes blocked by John Boehner & company.

Not all Republicans are racist.

We need those Republicans that are not racist to stand up and vote their conscience.

We need Democrats to come out and vote to send a message to the Republican party that racism will not be tolerated.

We need Democrats to come out and vote to increase our majority so that President Obama's fixes will not be blocked by John Boehner & company.

We need people of all races to stand against racism and vote Democrat.

jonymor


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declining economic security

"But Obama said that, for a decade, middle-class families have experienced stagnant incomes and declining economic security whiletax breaks were given to companies that shifted jobs overseas and Wall Street firms reaped huge profits."
The statement by President Obama has been echoed time after time following the Republicans taking the country from a manufacturing base to a supply based economy. It's time to end the talk and take action. We need heavy sanctions against companies that shift jobs over seas and criminal and discrimination charges against high tech companies that shift their manufacturing, training, technical and support services over seas
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