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	<title>Comments on: Econ 101</title>
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		<title>By: Zack</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-554580</link>
		<dc:creator>Zack</dc:creator>
		<pubDate>Wed, 13 Aug 2008 00:11:52 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-554580</guid>
		<description>FEC Investigation of Obama Eligibility

http://www.ipetitions.com/petition/Federal-Elections-Commssion/signatures.html

Sign petition.Fill it out-It next-next-and tehn hit back to pittition and then yes-yes-and back bar and then go to see if it took your petittion siguture by goin up top to singures. Sing today-We are going at it now</description>
		<content:encoded><![CDATA[<p>FEC Investigation of Obama Eligibility</p>
<p><a href="http://www.ipetitions.com/petition/Federal-Elections-Commssion/signatures.html" rel="nofollow">http://www.ipetitions.com/petition/Federal-Elections-Commssion/signatures.html</a></p>
<p>Sign petition.Fill it out-It next-next-and tehn hit back to pittition and then yes-yes-and back bar and then go to see if it took your petittion siguture by goin up top to singures. Sing today-We are going at it now</p>
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		<title>By: JohninCA</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-554276</link>
		<dc:creator>JohninCA</dc:creator>
		<pubDate>Tue, 12 Aug 2008 22:43:08 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-554276</guid>
		<description>What really threatens Big Oil development of alternative fuels.</description>
		<content:encoded><![CDATA[<p>What really threatens Big Oil development of alternative fuels.</p>
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		<title>By: 935 Lies</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-553263</link>
		<dc:creator>935 Lies</dc:creator>
		<pubDate>Tue, 12 Aug 2008 18:08:36 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-553263</guid>
		<description>A rough rule of thumb is that it takes $1,000,000 to throw off Tax-Free Cash of $50,000 annually, IF that million is invested in tax-free Municipals.

So, yeah, it&#039;s Tax the Millionaires time.</description>
		<content:encoded><![CDATA[<p>A rough rule of thumb is that it takes $1,000,000 to throw off Tax-Free Cash of $50,000 annually, IF that million is invested in tax-free Municipals.</p>
<p>So, yeah, it&#8217;s Tax the Millionaires time.</p>
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		<title>By: Johnny at Work</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-553228</link>
		<dc:creator>Johnny at Work</dc:creator>
		<pubDate>Tue, 12 Aug 2008 17:57:59 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-553228</guid>
		<description>Under Carter, interest rates went through the roof along with inflation.

Try financing a 30 year mortgage with credit card interest rates. If you had excellent credit, you might have been able to get a 16 percent rate.

It created a savings and loan and housing mess similar to todays due to people who were not able to afford their absurdly unaffordable loans and homes.

Defaults, and foreclosures skyrocketed, housing prices tumbled, people walked away from their committments.

Sound Familiar?

Ah, the good ole Carter Days.

It is ironic that anti-Obamas latch onto the stupidest element in the Obama Energy Plan, and claim it is the only viable proposal in his bag of tricks.

I know you people can google, so if you were not alive during the Carter years, or can&#039;t remember, do a little research before you make fools of yourselves. Obama should heed that advice as well.

Carter&#039;s plan was bad, and had a bad outcome, but Obama&#039;s plan is worse.

http://www.chron.com/disp/story.mpl/editorial/outlook/5928821.html 

&quot;Obama&#039;s plan does not copy the tax enacted under President Carter in 1980, which imposed huge administrative burdens — and retarded domestic oil production. Mr. Carter&#039;s tax was levied per-barrel, so it directly increased the marginal cost of producing crude — and made figuring out which barrels to tax ridiculously complicated.&quot;

&quot;Obama wants a surtax on net oil company profits above a &quot;reasonable&quot; level. The tax would be set high enough to raise $65 billion over the next five years, and the revenue would fund a one-shot tax rebate that Mr. Obama would like to give to families and individuals this year.&quot;

&quot;Making Exxon surrender money that is now falling into its lap would not necessarily affect its longer-term plans or incentives. Indeed, some of Big Oil&#039;s &quot;windfall&quot; ALREADY will go to the government: The more profit the companies earn, the more corporate income tax they pay. But to add a five-year tax increase on top of that to pay for a one-year gift to voters will increase the cost of doing business. That cost will be passed along in forgone investment in new production, lower dividends for pension funds and other shareholders, and &lt;strong&gt;higher prices at the pump — thus socking it to the consumers whom the plan is supposed to help.&lt;/strong&gt;&quot;

&quot;If oil prices fall, (as they are now)there might be no windfall profits to tax. Then the Obama rebate would have to be paid for through spending cuts, taxes on something else or borrowing.&quot;

If Obama were serious about creating energy independence, Obama should stick to his plan to increase alternative sources of energy. And, he needs to include increasing use of clean coal technology, clean burning CNG, and go nuclear, and include ALL offshore drilling options.

And, Obama needs to outline the road that gets us there. What tax incentives does he have now?  Let individuals and industry directly invest in US energy independence.

Obama wants to take money away from individuals and industry, give it to congress, and let congress decide where to spend it. 

Oh yeah, that&#039;s a real good plan. NOT!

Nope Obama is no Carter. He&#039;s much worse!</description>
		<content:encoded><![CDATA[<p>Under Carter, interest rates went through the roof along with inflation.</p>
<p>Try financing a 30 year mortgage with credit card interest rates. If you had excellent credit, you might have been able to get a 16 percent rate.</p>
<p>It created a savings and loan and housing mess similar to todays due to people who were not able to afford their absurdly unaffordable loans and homes.</p>
<p>Defaults, and foreclosures skyrocketed, housing prices tumbled, people walked away from their committments.</p>
<p>Sound Familiar?</p>
<p>Ah, the good ole Carter Days.</p>
<p>It is ironic that anti-Obamas latch onto the stupidest element in the Obama Energy Plan, and claim it is the only viable proposal in his bag of tricks.</p>
<p>I know you people can google, so if you were not alive during the Carter years, or can&#8217;t remember, do a little research before you make fools of yourselves. Obama should heed that advice as well.</p>
<p>Carter&#8217;s plan was bad, and had a bad outcome, but Obama&#8217;s plan is worse.</p>
<p><a href="http://www.chron.com/disp/story.mpl/editorial/outlook/5928821.html" rel="nofollow">http://www.chron.com/disp/story.mpl/editorial/outlook/5928821.html</a> </p>
<p>&#8220;Obama&#8217;s plan does not copy the tax enacted under President Carter in 1980, which imposed huge administrative burdens — and retarded domestic oil production. Mr. Carter&#8217;s tax was levied per-barrel, so it directly increased the marginal cost of producing crude — and made figuring out which barrels to tax ridiculously complicated.&#8221;</p>
<p>&#8220;Obama wants a surtax on net oil company profits above a &#8220;reasonable&#8221; level. The tax would be set high enough to raise $65 billion over the next five years, and the revenue would fund a one-shot tax rebate that Mr. Obama would like to give to families and individuals this year.&#8221;</p>
<p>&#8220;Making Exxon surrender money that is now falling into its lap would not necessarily affect its longer-term plans or incentives. Indeed, some of Big Oil&#8217;s &#8220;windfall&#8221; ALREADY will go to the government: The more profit the companies earn, the more corporate income tax they pay. But to add a five-year tax increase on top of that to pay for a one-year gift to voters will increase the cost of doing business. That cost will be passed along in forgone investment in new production, lower dividends for pension funds and other shareholders, and <strong>higher prices at the pump — thus socking it to the consumers whom the plan is supposed to help.</strong>&#8221;</p>
<p>&#8220;If oil prices fall, (as they are now)there might be no windfall profits to tax. Then the Obama rebate would have to be paid for through spending cuts, taxes on something else or borrowing.&#8221;</p>
<p>If Obama were serious about creating energy independence, Obama should stick to his plan to increase alternative sources of energy. And, he needs to include increasing use of clean coal technology, clean burning CNG, and go nuclear, and include ALL offshore drilling options.</p>
<p>And, Obama needs to outline the road that gets us there. What tax incentives does he have now?  Let individuals and industry directly invest in US energy independence.</p>
<p>Obama wants to take money away from individuals and industry, give it to congress, and let congress decide where to spend it. </p>
<p>Oh yeah, that&#8217;s a real good plan. NOT!</p>
<p>Nope Obama is no Carter. He&#8217;s much worse!</p>
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		<title>By: etc.</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-553125</link>
		<dc:creator>etc.</dc:creator>
		<pubDate>Tue, 12 Aug 2008 17:24:12 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-553125</guid>
		<description>Obama certainly thought it was a bad idea at the time.  Another flip-flop from the pancake man.</description>
		<content:encoded><![CDATA[<p>Obama certainly thought it was a bad idea at the time.  Another flip-flop from the pancake man.</p>
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		<title>By: Johnny at Work</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-553114</link>
		<dc:creator>Johnny at Work</dc:creator>
		<pubDate>Tue, 12 Aug 2008 17:19:57 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-553114</guid>
		<description>That&#039;s it?

&quot;Check any McCain ad.&quot;?

No quotes?

No Links?

I guess I must have missed the McCain ad that referenced the newly minted North Dakota oil millionares, the Alaska Oil Dividend for residents, and the Louisiana TOPS college tuition program.

Apparantly you are not just stupid, you are LAZY and stupid. Maybe you should just vote for Obambi with the rest of the LAZY STUPID people.</description>
		<content:encoded><![CDATA[<p>That&#8217;s it?</p>
<p>&#8220;Check any McCain ad.&#8221;?</p>
<p>No quotes?</p>
<p>No Links?</p>
<p>I guess I must have missed the McCain ad that referenced the newly minted North Dakota oil millionares, the Alaska Oil Dividend for residents, and the Louisiana TOPS college tuition program.</p>
<p>Apparantly you are not just stupid, you are LAZY and stupid. Maybe you should just vote for Obambi with the rest of the LAZY STUPID people.</p>
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		<title>By: MEchelle Hates America!</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-552580</link>
		<dc:creator>MEchelle Hates America!</dc:creator>
		<pubDate>Tue, 12 Aug 2008 14:46:52 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-552580</guid>
		<description>&lt;strong&gt;It&#039;s not about taxing them, it&#039;s about collecting the taxes owed.

Good luck with that as the IRS only goes after little biz.&lt;/strong&gt;</description>
		<content:encoded><![CDATA[<p><strong>It&#8217;s not about taxing them, it&#8217;s about collecting the taxes owed.</p>
<p>Good luck with that as the IRS only goes after little biz.</strong></p>
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		<title>By: MEchelle Hates America!</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-552562</link>
		<dc:creator>MEchelle Hates America!</dc:creator>
		<pubDate>Tue, 12 Aug 2008 14:39:57 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-552562</guid>
		<description>&lt;strong&gt;Nothing worked during Carter.  

Inflation went through the roof.  The US had massive farm foreclosures and the American embassy held captives in Iran.

Are you talking about Carter - wear a sweater and odd and even days to get gas  - Carter?

WTF!&lt;/strong&gt;</description>
		<content:encoded><![CDATA[<p><strong>Nothing worked during Carter.  </p>
<p>Inflation went through the roof.  The US had massive farm foreclosures and the American embassy held captives in Iran.</p>
<p>Are you talking about Carter &#8211; wear a sweater and odd and even days to get gas  &#8211; Carter?</p>
<p>WTF!</strong></p>
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		<title>By: MEchelle Hates America!</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-552531</link>
		<dc:creator>MEchelle Hates America!</dc:creator>
		<pubDate>Tue, 12 Aug 2008 14:27:16 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-552531</guid>
		<description>&lt;strong&gt;Why do you think that oil companies owe more than insurance companies?  Or drug companies?  Or dot.coms?

Or truck lines?  Or hospitals?

The price of gas is regulated by the way.  

And oil companies pay a huge amount of taxes.&lt;/strong&gt;</description>
		<content:encoded><![CDATA[<p><strong>Why do you think that oil companies owe more than insurance companies?  Or drug companies?  Or dot.coms?</p>
<p>Or truck lines?  Or hospitals?</p>
<p>The price of gas is regulated by the way.  </p>
<p>And oil companies pay a huge amount of taxes.</strong></p>
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		<title>By: MEchelle Hates America!</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-552517</link>
		<dc:creator>MEchelle Hates America!</dc:creator>
		<pubDate>Tue, 12 Aug 2008 14:18:44 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-552517</guid>
		<description>&lt;strong&gt;Elise - 

There is the problem.

Oblowme&#039;s bad judgement.  And a lack of Congressional oversight once again.

Perhaps if Junior Senators like McCaskill and Oblowme actually paid attention to their jobs instead of constantly campaigning this wouldn&#039;t happen.   

McCain didn&#039;t vote for the Bush-Cheney Energy Disaster.&lt;/strong&gt;</description>
		<content:encoded><![CDATA[<p><strong>Elise &#8211; </p>
<p>There is the problem.</p>
<p>Oblowme&#8217;s bad judgement.  And a lack of Congressional oversight once again.</p>
<p>Perhaps if Junior Senators like McCaskill and Oblowme actually paid attention to their jobs instead of constantly campaigning this wouldn&#8217;t happen.   </p>
<p>McCain didn&#8217;t vote for the Bush-Cheney Energy Disaster.</strong></p>
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		<title>By: MEchelle Hates America!</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-552510</link>
		<dc:creator>MEchelle Hates America!</dc:creator>
		<pubDate>Tue, 12 Aug 2008 14:14:27 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-552510</guid>
		<description>&lt;strong&gt;John -

     It&#039;s shale oil, which is wildly difficult and destructive to take out.

Not to mention expensive.

The other oil fields aren&#039;t big producers or they would be tapping them.

     Your premise that they only want to drill somewhere where they would have to purchase new rights is illogical.

I don&#039;t trust oil companies, but there is a science to their business and like all corporations they are in business to make a profit.&lt;/strong&gt;</description>
		<content:encoded><![CDATA[<p><strong>John -</p>
<p>     It&#8217;s shale oil, which is wildly difficult and destructive to take out.</p>
<p>Not to mention expensive.</p>
<p>The other oil fields aren&#8217;t big producers or they would be tapping them.</p>
<p>     Your premise that they only want to drill somewhere where they would have to purchase new rights is illogical.</p>
<p>I don&#8217;t trust oil companies, but there is a science to their business and like all corporations they are in business to make a profit.</strong></p>
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		<title>By: MEchelle Hates America!</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-552489</link>
		<dc:creator>MEchelle Hates America!</dc:creator>
		<pubDate>Tue, 12 Aug 2008 14:05:15 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-552489</guid>
		<description>John - 

     They are two very different things - regulating price and windfall taxes.

     You clearly don&#039;t understand the differences between the two.

     Maybe you should take a look at the insurance industry by way of contrasting and 

study what you&#039;re discussing.</description>
		<content:encoded><![CDATA[<p>John &#8211; </p>
<p>     They are two very different things &#8211; regulating price and windfall taxes.</p>
<p>     You clearly don&#8217;t understand the differences between the two.</p>
<p>     Maybe you should take a look at the insurance industry by way of contrasting and </p>
<p>study what you&#8217;re discussing.</p>
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		<title>By: MEchelle Hates America!</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-552482</link>
		<dc:creator>MEchelle Hates America!</dc:creator>
		<pubDate>Tue, 12 Aug 2008 14:00:41 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-552482</guid>
		<description>&lt;strong&gt;No.  It is a big matter.  Do you even live in the U.S. and/or are you another Socialist like poster Charles Lemos?

Do we windfall tax big drug companies and dot.coms?  What about Microsoft and Apple? 

Who decides which companies?

It&#039;s an extremely unAmerican idea.

If you want to regulate what a corporation can do for national security including securing the public trust and for 

police powers - think health and safety - fine. 

The problem is that the government hasn&#039;t ensured our security by getting into the refinery business.  And nobody wants a refinery in their backyard.

So, the oil companies take the less expensive route to deal with unrefined crude oil and ship it to the highest bidder for refinement anywhere in the world.&lt;/strong&gt;</description>
		<content:encoded><![CDATA[<p><strong>No.  It is a big matter.  Do you even live in the U.S. and/or are you another Socialist like poster Charles Lemos?</p>
<p>Do we windfall tax big drug companies and dot.coms?  What about Microsoft and Apple? </p>
<p>Who decides which companies?</p>
<p>It&#8217;s an extremely unAmerican idea.</p>
<p>If you want to regulate what a corporation can do for national security including securing the public trust and for </p>
<p>police powers &#8211; think health and safety &#8211; fine. </p>
<p>The problem is that the government hasn&#8217;t ensured our security by getting into the refinery business.  And nobody wants a refinery in their backyard.</p>
<p>So, the oil companies take the less expensive route to deal with unrefined crude oil and ship it to the highest bidder for refinement anywhere in the world.</strong></p>
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		<title>By: lizpolaris</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-552395</link>
		<dc:creator>lizpolaris</dc:creator>
		<pubDate>Tue, 12 Aug 2008 13:22:54 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-552395</guid>
		<description>Educating the Republicans who participate on NoQuarter is one of the reasons I come here to comment.  I find I get educated sometimes by their comments as well!  This is oddly one of the few places on the net to engage constructively with the &#039;other side.&#039;  (troll garbage must be sifted thru and ignored...)</description>
		<content:encoded><![CDATA[<p>Educating the Republicans who participate on NoQuarter is one of the reasons I come here to comment.  I find I get educated sometimes by their comments as well!  This is oddly one of the few places on the net to engage constructively with the &#8216;other side.&#8217;  (troll garbage must be sifted thru and ignored&#8230;)</p>
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		<title>By: Katmoon</title>
		<link>http://www.noquarterusa.net/blog/4124/econ-101/#comment-552380</link>
		<dc:creator>Katmoon</dc:creator>
		<pubDate>Tue, 12 Aug 2008 13:14:43 +0000</pubDate>
		<guid isPermaLink="false">http://noquarterusa.net/blog/2008/08/11/econ-101/#comment-552380</guid>
		<description>The O campaign is creating amounts being contributes to Senator McCain.It seems of course that team O doesn&#039;t have a problem once again with the truth, but this time Opensecrets is not letting them get away with it.
Drilling Down: Obama&#039;s Charge on McCain&#039;s Oil Money
Published by Massie Ritsch on August 4, 2008 2:59 PM &lt;blockquote&gt;
Here in the Center&#039;s press shop, we&#039;ve fielded a lot of calls today from reporters wondering where Barack Obama&#039;s campaign is getting the numbers to back up its latest charge against John McCain: that the Republican is &quot;in the pocket&quot; of the oil industry because his campaign has taken $2 million from it. The TV ad that makes that claim started airing today, and in tiny print it cites as its data source the Center for Responsive Politics (as well as the Washington Post, though the ad doesn&#039;t make it clear that CRP and the Post are two separate sources).
Here&#039;s what&#039;s confusing people: On OpenSecrets.org we show John McCain receiving $1,332,033 from oil and gas interests from the start of his presidential campaign through June 30. (On the same page, we show Barack Obama receiving $394,465, a stat the Obama ad doesn&#039;t mention, not surprisingly.) In McCain&#039;s case, that&#039;s well below the $2 million that Obama is trying to pin on him. So where does that number come from?&lt;/blockquote&gt;



opensecrets.org/news/2008/08/here-in-the-centers-press.html</description>
		<content:encoded><![CDATA[<p>The O campaign is creating amounts being contributes to Senator McCain.It seems of course that team O doesn&#8217;t have a problem once again with the truth, but this time Opensecrets is not letting them get away with it.<br />
Drilling Down: Obama&#8217;s Charge on McCain&#8217;s Oil Money<br />
Published by Massie Ritsch on August 4, 2008 2:59 PM<br />
<blockquote>
Here in the Center&#8217;s press shop, we&#8217;ve fielded a lot of calls today from reporters wondering where Barack Obama&#8217;s campaign is getting the numbers to back up its latest charge against John McCain: that the Republican is &#8220;in the pocket&#8221; of the oil industry because his campaign has taken $2 million from it. The TV ad that makes that claim started airing today, and in tiny print it cites as its data source the Center for Responsive Politics (as well as the Washington Post, though the ad doesn&#8217;t make it clear that CRP and the Post are two separate sources).<br />
Here&#8217;s what&#8217;s confusing people: On OpenSecrets.org we show John McCain receiving $1,332,033 from oil and gas interests from the start of his presidential campaign through June 30. (On the same page, we show Barack Obama receiving $394,465, a stat the Obama ad doesn&#8217;t mention, not surprisingly.) In McCain&#8217;s case, that&#8217;s well below the $2 million that Obama is trying to pin on him. So where does that number come from?</p></blockquote>
<p>opensecrets.org/news/2008/08/here-in-the-centers-press.html</p>
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