Factcheck.org
Annenberg’s FactCheck.org, hardly a right-wing organization, has this to say about Obama’s new ad, in what they call Scaring Seniors:
A new Obama ad characterizes the “Bush-McCain privatization plan” as “cutting Social Security Benefits in half.”
This is a falsehood sure to frighten seniors who rely on their Social Security checks. In truth, McCain does not propose to cut those checks at all.
The ad refers to a Bush proposal from 2005 to hold down the growth of benefits for future retirees. Compared to the buying power of benefits paid to today’s retirees, that would not have been a “cut” for anybody. It would have been a “cut” of half only in relation to benefits now promised to retirees who have yet to be born. And for average workers, that “cut” in 2075 was projected by one of Obama’s own economic advisers to be 28 percent, not “half.”
The ad also says McCain voted “in favor of privatizing Social Security.” The term “privatizing” could give the wrong impression.
Obama’s Social Security Whopper
He tells Social Security recipients their money would now be in the stock market under McCain’s plan. False.
In Daytona Beach, Obama said that “if my opponent had his way, the millions of Floridians who rely on it would’ve had their Social Security tied up in the stock market this week.” He referred to “elderly women” at risk of poverty, and said families would be scrambling to support “grandmothers and grandfathers.”
That’s not true.
Also check out …………………..some interesting things to note.
Did Obama Just Touch the Third Rail?
Curious edits to his Social Security page.
Wild Thing’s comment………….
This video is from last November but it still pertains today maybe even more since we getting close now to Nov. 4th and time to vote.
That is about as presidential as you could expect from a communist street agitator, oops, I mean “Community Organizer”.
The Unabama has neither the intellect nor temperament to be President. This is so typical of this POS Obama in a town hall venue. He is very uncomfortable which is one reason why he refused to do the town hall schedule with McCain. If you watch BOs body language he is constantly rubbing his forehead and his hand gestures turn into sweeping arm gestures.
This is how Obama talks to a typical white lady. Obama has issues. BIG ISSUES when it comes to white people!
My translation of his reply to the woman:
“If you think you’re going to call my friends in the Middle East terrorists, and you think you know more about them than I do, and you think I’m not going to reveal a sampling of my wrath whenever anyone dares disagree with me, you’ve got another think coming.”
And he didn’t answer her question!!!!!!!!!
Why do people think this guy can run the country? He can’t even speak without a prompter and a speechwriter. I’m beginning to think a ghost writer wrote those books for Obamanation.
I demand to see his diplomas! I demand to see his birth certificate!
I don’t think this guy could pour water out of a boot with instructions on the heel. He’s a french fry short of a Happy Meal.
You have him pegged exactly as I do Chrissie. Are we voting for Saul Alinsky or a qualified presidential candidate? The liar ommitted the fact that SS trust fund has been siphoned by the general fund for years and that is why it is in trouble along with benefits paid to those who never paid into the fund, illegals for instance. He didn’t mention that the non producers get an earned income credit for setting on their asses. He didn’t mention that the nominal Income Tax of 15% has a hidden slush fund of FICA taxes.
“For 2008, the employee’s share of the Social Security portion of the tax is 6.2% of gross compensation up to a limit of $102,000 of compensation (resulting in a maximum of $6,324 in total tax amount). This limit, known as the Social Security Wage Base, goes up each year based on average national wages and, in general, at a faster rate than the Consumer Price Index (CPI-U). The employee’s share of the Medicare portion is 1.45% of wages with no limit. The employer is also liable for separate 6.2% and 1.45% Social Security and Medicare taxes, respectively, making the total Social Security tax 12.4% and the total Medicare tax 2.9% of wages. (Self-employed people are responsible for the entire FICA percentage of 15.3% (= 12.4% + 2.9%), since they are both the employer and the employed.)”
Combined we pay a minimum of 30.3% bottom rate at the outset that only increases as we are more productive and that includes a tax on pension, SS and health insurance benefits. What a lying bunch of ratbastard SOB’s both sides are. This asshat wants to radically increase that tax.
Lynn, yes isn’t that something, he got so upset he never answered her question.
Lynn that is something important you pointed out. How the heck did he write those books. If he talked into a tape recorder that would have driven a person nuts taking out the uh’s from all the sentences. It would have had to be a ghost writer like you said.
Jack, yes something like over 40 years they have been taking money from the SS. You are so right.
“The liar ommitted the fact that SS trust fund has been siphoned by the general fund for years and that is why it is in trouble along with benefits paid to those who never paid into the fund, illegals for instance.”
The following is an example of what a President Obama would do on many issues and across all 50 states (OK! 57 but whose counting?).
Obama’s Record – Low Income Housing
http://www.youtube.com/watch?v=pYMVHwmPQSM
Grim proving ground for Obama’s housing policy.
http://www.youtube.com/watch?v=NW12_OscRZg