Daily Archives: March 30, 2009

Mar 30 2009

Head of Procter & Gamble blasts Obama tax proposal would cost American jobs & Higher Prices for consumers

The chairman of the world’s largest consumer products maker says a provision in President Barack Obama’s budget proposal regarding income made overseas would cost American jobs and give foreign businesses an unfair advantage.

A.G. Lafley, chief executive officer of the Procter & Gamble Co., said a proposal to limit or end deferred payment of taxes on foreign income would lead to job cuts and higher prices for American consumers and would cost companies billions. Source: MSNBC

Did MSNBC slip-up and report this? I have been saying all along that when taxes are raised on companies that they would farm the taxes on down to the consumers and thats means not only the rich and middle class income but also the poor and low income will be paying more for needed products and food!

I need to keep asking, are you better off today under the Obama rule? I say NO!

LINKS:

(1) “Because they are undeserving of it”

Mar 30 2009

UPDATE: Mar 31 – Tax Day Tea Parties in 300 cities! And More! 15 April The Big Day!

Tax Day Tea Parties in 300 cities!
This is going to be huge. According to the Tax Day Tea Party organizers, there should be demonstrations in 300 American cities on April 15th! Barring something unexpected, this will be far too huge for the media to ignore.

Check the Tax Day Tea Party website to see which cities in your state will be participating. Keep Reading from the foothills

Thanks to from the foothills rants and ruminations

UPDATE: 31 March - Please take the time to check out the Washington D.C. Tea Party link!

WASHINGTON D.C. TEA PARTY 912 PROJECT

(1) Obama wants to make veterans pay for their own medical care.
(2) Obama wants to take your guns.
(3) Obama raised the price of tobacco, now could be from $6 to $7 a pack.
(4) Obama has taken over the banks.
(5) Obama is now taking over companies such as GM.
(6) Obama is spending tax payers money at the fastest pace in history.

And this is just the beginning of his term in The White House! People its time we stand up to defend our rights as Americans.
Lets all get out to a Tea Party and make our voices heard! We shall see you at one of the North Carolina Tea Parties, drive careful!

Are You Ready? I Sure Am!

LINKS:

(1) Another day, another troop smear

(2) Lyle J. Rapacki, PHD, FBI InfraGard, March 16, 2009, White Paper Discussion, Dr. Orly Taitz, Supreme Court Justice John Roberts, Barack Obama not eligible, US Attorney General, US Army Officer, constitutional crisis, civil unrest

(3) Rally for the Republic!

(4) Tea Party progress report

(5) It’s High Time for a Tea Party – Revolution is Brewing April 15

By goodtimepolitics • Posted in politics
3
Mar 30 2009

World Stocks Tumble amid renewed auto, banking fears

Stock market sentiment was hit by a combination of factors on Monday, with automakers under particular pressure after the White House rejected the turnaround plans from General Motors Corp. and Chrysler. The Obama administration also replaced GM’s CEO Rick Wagoner with the company’s chief operating officer Fritz Henderson.

Banking stocks were also sold off heavily after U.S. Treasury Secretary Tim Geithner failed to rule out in a weekend interview the possibility that some of the U.S. banks may need more government funds to get them lending again. A bailout fund for battered banks still has $135 billion left in it, although Geithner said a second batch of money might be needed, despite public frustration with the already allocated money. Read More

Seem that Obama is wanting to design and build cars himself and not leave anything to the American companies! Do you want the government building your autos? The government can not run social Security or medicare so how do you expect it to do on running big auto companies? I see a dictator takeover!

LINKS:

(1) Financial manipulation alert: Did AIG bailout money secretly prop up banks?

(2) US Dollar: A Sinking Ship?