Thread: Please REGISTER TO VOTE...
09-08-2008, 09:04 PM #1
Please REGISTER TO VOTE...
Dear American, are you a registered voter?
PLEASE REGISTER TO VOTE NOW
The window for voter registration is closing quickly in many states, for example in my county the deadline is OCT. 6, please check with your county voter's registration office for your deadline, in my state you must be registered a minimum of 29 days to vote in the upcoming election! It only takes a few minutes to register and to cast your vote on election day.
Thank you all for reading, and hoping you enjoy the freedom our fathers fought for, and in many cases died for...
After the Constitutional Convention had finished its work in 1787, a woman asked Ben Franklin what kind of government had been decided upon.
Franklin replied: "A Republic, --- IF YOU CAN KEEP IT."
You can read more on that right here:
Last edited by YoYamma; 09-08-2008 at 09:14 PM.
09-08-2008, 09:37 PM #2
- Join Date
- Jul 2008
Please REGISTER TO VOTE... for Obama
Yah what he said!
09-09-2008, 12:28 PM #3
Why vote? Electoral college is the bottom line. But I`m voting independent. I dont care who`s on the ballot.
09-09-2008, 12:31 PM #4
Im surprised we dont have a Poll set up. It would be interesting to see which way the forum leans...I am pretty sure I can figure it out though...
09-09-2008, 12:51 PM #5
Many feel the Electoral College is outdated, but I would suggest that the Electoral College is the very reason we should vote. Remember, the EC standings and these various "maps" are based on POLLS, and many of the state polls used to determine the Electoral College standings were conducted before the conventions.
The battle ground states in particular are HUGE this year... the EC could swing it in Obama's direction.
According to this CNN article updated just few minutes ago,
if McCain can take Missouri and tilt the toss-up states of Florida and Ohio, which also have older populations, he will pull ahead of Obama.
Last edited by YoYamma; 09-09-2008 at 12:58 PM.
09-09-2008, 12:55 PM #6
09-09-2008, 04:56 PM #7
ya, register to vote if you are fed up wth the last 8 years govt policies, which screwed us big time,
vote out the republican fat cats that think they run america. register to vote for a change and a govt that protects the common man , not corporations and rich people.
09-09-2008, 05:07 PM #8
09-09-2008, 05:13 PM #9
Get Rid of the Republicans - your right on!!!
If you like the last 8 years you'll love a McCain Presidency. And you also
get pentacostal Palin thrown in!
Here's your Republican Buddies at work......SPENDING your money!!
Wait.....aren't Republicans supposed to the be ones to cut spending and
reduce taxes?????????? Read on........
Uncle Sam: $407 billion in the hole
Deficit up by $246 billion in a year. Federal agency cites 'substantial increase in spending' and 'halt' in tax revenue growth. Also says it will add Fannie and Freddie to future estimates.
By Jeanne Sahadi, CNNMoney.com senior writer
Last Updated: September 9, 2008: 3:31 PM EDT
The $53 trillion debt problem
Federal budget agency forecast deficits above $400 billion for the next two years.
NEW YORK (CNNMoney.com) -- The budget deficit will jump by $246 billion to $407 billion this year, the Congressional Budget Office estimates in a report released Tuesday.
"Over the long run, growing budget deficits and the resulting increases in federal debt would lead to slower economic growth," the agency said.
The budget deficit shot up 153% from last year's shortfall of $161 billion. The government's fiscal year ends Sept. 30. The agency attributes the jump to "a substantial increase in spending and a halt in the growth of tax revenues."
That drop in revenue is driven in part by an estimated 15% decline in corporate tax receipts. They fell as a result of lower corporate profits and tax rules governing how businesses depreciate their investments this year. A second factor is the rebates provided to tax filers from the economic stimulus law Congress passed earlier this year.
The spending hike is partly due to efforts by the government "to cover the insured deposits of insolvent financial institutions," the agency said.
To date, 11 banks have been seized by the FDIC this year - not a high number historically, but higher than it's been in recent years - and that number is expected to grow in the coming months.
The CBO said it expected the deficit to exceed $400 billion - or 3% of gross domestic product - for each of the next two years if current policies remain in place. It also forecast several more months of "very slow" economic growth.
"The nation is experiencing a significant period of economic weakness," said Peter Orszag, director of the CBO, in a press briefing.
The CBO's estimate for the cumulative deficit over the next 10 years is now $2.3 trillion. Earlier this year, the CBO estimated the country would have a $300 billion surplus by 2018. But that was wiped out in part because of new spending approved by lawmakers for the war in Iraq and Afghanistan and revised economic projections.
And the 2.3 trillion figure doesn't account for the likelihood that the 2001 and 2003 tax cuts will be extended or that the middle class will continue to be protected from the Alternative Minimum Tax - or so-called wealth tax.If those extensions are made - and both presidential nominees have been calling for that, at least in part - then the 10-year deficit projection jumps to more than $7 trillion.
Putting Fannie and Freddie on the books
The agency's latest estimates do not reflect the Treasury announcement this weekend that the government would temporarily takeover Fannie Mae and Freddie Mac, the two government-sponsored enterprises that form the backbone of the mortgage market.
But Orszag said that come January, the CBO will be incorporating the activities of Fannie and Freddie in its baseline for the federal budget. The CBO will be working with House and Senate budget committees to address questions of just how transactions by both companies should be accounted for - the answers to which will greatly influence the net effect the companies have on the federal deficit.
"The degree of control exercised by the federal government is so strong that the best treatment is to incorporate [the agencies] into the federal budget," Orszag said.
To allay one concern that many taxpayers have expressed, the roughly $5 trillion in loans that Fannie and Freddie own or back would not be added wholesale to the debt held by the public, Orszag told CNNMoney.com.
"I don't see a scenario in which you take a total of the mortgages backed and add that to the federal deficit," he said.
But beyond all these near-term concerns affecting the government's debt load, he said the biggest challenge facing the country's coffers is rising health care costs. Federal spending on Medicare and Medicaid alone is expected to jump 30% in the next decade - from 4.6% of GDP this year to 6% in 2018. By 2050, it could jump to 12% of GDP.
As a result, Orszag said in the press briefing, "The nation is on an unsustainable fiscal course."
First Published: September 9, 2008: 9:45 AM EDT
Welcome, Mr. President. Here's the tab
U.S. seizes Fannie and Freddie
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09-09-2008, 05:29 PM #10
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