In praise of Obama
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07-04-2016, 09:28 AM
RE: In praise of Obama
Who????

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07-04-2016, 09:53 AM
RE: In praise of Obama
A take on the new Fiduciary rule by The Reformed Broker, Josh Brown:

"For this reason, I would say the biggest winners here are lawyers, followed by some consumers, followed by the advisory firms who want to go fiduciary (they all do) but just needed to buy more time to make the transition. Now they’ve got time and the ability to hang onto a few key profit centers thanks to the exemptions that have been “streamlined” into the final rule.

It’s a workable solution that the industry can live with. Perhaps the best thing to come out of it will be an increased awareness among the public and a change in attitude among the professionals who serve them. If that is the case, you can chalk this up as a minor win for everyone.”

http://fortune.com/2016/04/06/retirement...rmedbroker

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07-04-2016, 10:04 AM (This post was last modified: 07-04-2016 10:11 AM by Lord Dark Helmet.)
RE: In praise of Obama
(07-04-2016 05:15 AM)RobbyPants Wrote:  
(06-04-2016 11:16 AM)Lord Dark Helmet Wrote:  That's the way it works. He had a democratic Congress at first. The people decided they didn't like the direction he was headed and voted out his Democrat majority. So now he works around it by "tweaking" rules and executive orders.

Couldn't it also be argued that executive orders are also "the way it works"?

Not really. The Constitution gives the president executive authority and demands that he/she "take Care that the Laws be faithfully executed." Making minor adminstration decisions to apply the law is one thing. Making law or changing law through executive order is something different. The supreme Court has a history of shutting down executive orders that are too broad. Clinton/Bush/Obama have had their orders overturned by the supreme court. Each president seems to take it further. Even if the congress votes against an executive order the president can veto it unless they have a 2/3 majority, and it takes years to get through the supreme court. This obviously isn't what the founders envisioned. The president was not meant to have this kind of power. Obama used executive authority to change major sections of the ACA, a law passed by Congress. The congress would need 2/3 vote to override what he did. Because America has become totally partisan (they vote along party lines almost exclusively), this gives him unlimited power. Since its highly unlikely one party will ever have a super majority, the party that holds the presidency controls the country, even if they are the minority in Congress. Not the way it's supposed to work.

"Evil will always triumph over good, because good is dumb." - Lord Dark Helmet
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07-04-2016, 10:06 AM
RE: In praise of Obama
(07-04-2016 09:53 AM)Full Circle Wrote:  A take on the new Fiduciary rule by The Reformed Broker, Josh Brown:


I really like James Brown. Sex machine and Cold sweat are hard to beat!

NOTE: Member, Tomasia uses this site to slander other individuals. He then later proclaims it a joke, but not in public.
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07-04-2016, 10:12 AM
RE: In praise of Obama
President Obama was probably the best gun salesman of all time.............
...

Then, he sensibly pushed no new gun laws..............

....

I didn't vote for him in his first term - but did for his second.

Why???

The thought of "President Romney" made me want to leave the planet.

.......................................

The difference between prayer and masturbation - is when a guy is through masturbating - he has something to show for his efforts.
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07-04-2016, 10:29 AM
RE: In praise of Obama
(07-04-2016 10:12 AM)onlinebiker Wrote:  The thought of "President Romney" made me want to leave the planet.

You wouldn't have gone far. Probably have been pulled over by galactic police from Kolob for failure to believe in Our Heavenly Father. Laughat

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07-04-2016, 10:32 AM
RE: In praise of Obama
It is way past time the corporate world understand they don't have the right to dictate laws everyone lives under.

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08-04-2016, 10:54 AM
RE: In praise of Obama
(07-04-2016 10:04 AM)Lord Dark Helmet Wrote:  Each president seems to take it further.

I'm not sure what you mean by "taking it further". Since WWII, each president has been issuing fewer executive orders. Are you saying in some way that the scope is increasing, despite a smaller number of them?


(07-04-2016 10:04 AM)Lord Dark Helmet Wrote:  This obviously isn't what the founders envisioned.

I think you're right, and I think the issue that Obama handled via executive order is also something the founders wouldn't have envisioned. You can say that executive orders are the wrong way to handle it based on scope of the constitution, but consider the context of the two issues in the OP:

We have two issues that people, by and large, want fixed, and congress is doing nothing. We have a system where the will of the people isn't being represented. Yes, you can argue that you feel that these executive orders extend beyond what is constitutional, and the Supreme Court can step in and say so.


(07-04-2016 10:04 AM)Lord Dark Helmet Wrote:  The congress would need 2/3 vote to override what he did. Because America has become totally partisan (they vote along party lines almost exclusively), this gives him unlimited power. Since its highly unlikely one party will ever have a super majority, the party that holds the presidency controls the country, even if they are the minority in Congress. Not the way it's supposed to work.

Partisan politics may be making this worse, but that is the system the founders put in place. Also, I think this may be the case of a double-edged sword biting the Republicans back: they've spent years voting lock-step against Obama at every turn, which basically causes both him to issue orders when he wouldn't have had to and for the Democrats in congress to not vote against him. Had there been less obstruction, we might not even be having this discussion.
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08-04-2016, 02:48 PM
RE: In praise of Obama
(07-04-2016 08:55 AM)Full Circle Wrote:  Bernie called out GE on Monday and the GE CEO Immelt fired back (see transcript below).

Keep in mind as you read that GE had a negative tax rate on average from 2010-14! It hard to cheer when a company with a 288 billion dollar market cap doesn’t pay taxes. Bernie likes to go over the top in some of his rhetoric but from what I have seen there is usually a large kernel of truth to what he says.

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http://www.cheatsheet.com/business/4-big...?a=viewall


GE CEO: Bernie Sanders says we’re ‘destroying the moral fabric’ of America. He’s wrong.

General Electric Chairman and CEO Jeffrey Immelt. (Michael Dwyer/AP)
By Jeffrey R. Immelt April 6 at 5:12 PM
Jeffrey R. Immelt is chairman and chief executive of GE.

"We at GE were interested to read comments Monday by Sen. Bernie Sanders (I-Vt.), who told the New York Daily News editorial board that GE is among the companies that are supposedly “destroying the moral fabric” of America. The senator had been asked to cite examples of corporate greed at its worst. Somehow that got him to talking about us.

GE has been in business for 124 years, and we’ve never been a big hit with socialists. We create wealth and jobs, instead of just calling for them in speeches. We take risks, invest, innovate and produce in ways that today sustain 125,000 U.S. jobs. Our engineers innovate every day to build hardware and software solutions that meet real-world challenges. Our employees are proud of our company. I meet second- and third-generation employees whenever I travel across the country. I am one myself. Our suppliers and partners are proud of our company. Our communities are proud of our company. Our pride, history and hard work are real — the moral fabric of America.

The senator has never bothered to stop by our aviation plant in Rutland, Vt. We’ve been investing heavily (some $100 million in recent years), hiring and turning out some of the world’s finest jet-engine components in Vermont since the 1950s. The plant employs more than 1,000 people who are very good at what they do. It’s a picture of first-rate jobs with high wages, advanced manufacturing in a vital industry — how things look when American workers are competing and winning — and Vermont’s junior senator is always welcome to come by for a tour.

Elsewhere in Vermont, GE Healthcare employs more than 340 men and women in South Burlington. Yearly, GE does about $40 million worth of business with dozens of suppliers of parts and services across Vermont. Nationwide, we have 200 GE plants, including 15 that were built in the past five years — all with the aim of making GE the world’s premier industrial company.

Democratic presidential candidate Bernie Sanders vowed to stand up "for working people and not just for the 1 percent" during a news conference before his speech at the Pennsylvania AFL-CIO convention April 7. (Reuters)
Sanders says that he is upset about GE’s operations abroad — as though a company that has customers in more than 180 countries should have no presence in any of them. He never mentions that we are one of the United States’ prime exporters, annually selling in excess of $20 billion worth of American-made goods to the world. Nor does he mention that our sales around the world support our manufacturing base here at home, along with the thousands of U.S. companies in our supply chain. You want to cause big problems for our suppliers — many of whom are small and medium-size businesses — and their workers? The surest way would be to pull out of those countries and lose those customers.

We are competing globally with foreign companies whose governments care whether they win and support them in innumerable ways. U.S. companies continue to wrestle with an outdated and complex tax code that puts them at a distinct competitive disadvantage. Sanders has stated many times that GE pays no taxes. Repeating a lie over and over does not make it true. We pay billions in taxes, including federal, state and local taxes. The U.S. tax system has not been updated in 30 years and isn’t designed for today’s economy, which is why we support comprehensive tax reform — even if it raises our tax rate.

It’s easy to make hollow campaign promises and take cheap shots in speeches and during editorial board sessions, but U.S. companies have to deliver for their employees, customers and shareholders every day. GE operates in the real world. We’re in the business of building real things and generating real growth for a nation that needs it now more than ever. I’m proud of all that we do, and how it all figures into “the moral fabric” of America is so plain to me. It seems Sen. Sanders is missing the point.”

Yeah, remember the US spends over 450 billion per year on the military.

How much do they spend on cancer research? Just as an example.

GE does very well. Corporate sponsorship, or bribery, of politicians is a fucking disgrace. Corruption at its finest and highest level.

NOTE: Member, Tomasia uses this site to slander other individuals. He then later proclaims it a joke, but not in public.
I will call him a liar and a dog here and now.
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08-04-2016, 04:02 PM
RE: In praise of Obama
(08-04-2016 02:48 PM)Banjo Wrote:  GE does very well. Corporate sponsorship, or bribery, of politicians is a fucking disgrace. Corruption at its finest and highest level.

And so it shall stay - as long as everyone keeps voting for the "big two".......

Things will not change until the rout comes that makes the ( R )'s and the ( D )'s as relevant as the Whigs.............

.......................................

The difference between prayer and masturbation - is when a guy is through masturbating - he has something to show for his efforts.
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