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Obama tells him, “It’s not that I want to punish your success. I just want to make sure that everybody that is behind you, that they have a chance for success too.”

Obama claims that the majority of small businesses make less than $250,000 a year, which is a flat out lie. One of Barack Obamas most potent campaign claims is that he’ll cut taxes for no less than 95% of working families. He’s even promising to cut taxes enough that the governments tax share of GDP will be no more than 18.2% — which is lower than it is today.

Its a clever pitch, because it lets him pose as a middle-class tax cutter while disguising that hes also proposing one of the largest tax increases ever on the other 5%. But how does he conjure this miracle, especially since more than a third of all Americans already pay no income taxes at all? There are several sleights of hand, but the most creative is to redefine the meaning of tax cut. For the Obama Democrats, a tax cut is no longer letting you keep more of what you earn. In their lexicon, a tax cut includes tens of billions of dollars in government handouts that are disguised by the phrase tax credit. Barack Obama is proposing to create or expand no fewer than seven such credits for individuals.

If Barack Obamas goal as President is to spread the wealth around, perhaps his unconditional meetings with Hugo Chavez, Raul Castro, and Kim Jong-Il arent so crazy — if nothing else they can advise an Obama administration on economic policy.

Why is Barack Obama being dishonest to the American people? And why does the mainstream media always cover for his lies?

The answer: Because Obama is nothing more than a tax and spend Liberal who wants to turn America into The United Socialist States of America– he’s a Marxist. And the Obama-Media knows he would never win the election if they actually reported the truth.
http://www.ericnestler.com

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The star of the final McCain/Obama debate chats with Jackie and Dunlap.

Get our CD at http://www.redstateupdate, iTunes, or Amazon.

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Four Black girls died, Addie Mae Collins (age 14), Denise McNair (11), Carole Robertson (14) and Cynthia Wesley (14), and 22 others were injured. At least five white men, members of the KKK, planted the bomb: Bobby Frank Cherry, Thomas Blanton, Herman Frank Cash, Robert Chambliss and Troy Ingram.

On May 13th, 1965, the FBI had sufficient evidence that the five men planted the bomb by the Church, but FBI Director J. Edgar Hoover dismissed the evidence and officially closed the case with nobody being arrested for the bombing.

– “Dynamite Bob” Chambliss was convicted for the murder in 1977 and sentenced to live in prison. He died in 1985

- Bobby Frank Cherry was convicted in 2000 and sentenced to life in prison. He died in 2004.

- Thomas Blanton was convicted in 2000 and sentenced to life in prison.

- The other two men got off scot-free.

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Aug. 5, 2008 (LPAC)–Following the Federal Reserve’s non-action on interest rates today, Democratic statesman and economist Lyndon LaRouche responded urgently to that potentially suicidal failure for the United States.

“The Fed has failed to raise interest rates today–that is a clinically insane non-act,” LaRouche said. “A general bank interest rate of 4% must be instantly established–but with two tiers of rates–whatever you have to do to establish it! If you’re loyal to the United States, you’ll get the Fed to do it.”

The 4% general overnight rate, LaRouche has explained in a nationally circulated statement, is necessary “to keep funds inside the United States banking system,” keep them from fleeing and finishing off the dollar in an uncontrolled collapse. Bank of England interest rates are far higher, and so are the British-manipulated rates of the European Central Bank. The dollar is set up for a collapse unless the Fed is made to act now.

But a “second tier” of credit also has to be established, at a very low rate, selectively to target stimulating economic activity which increases employment and productivity. “We need a cheap line of credit from the Treasury, at 1-2% per annum, for growth–Franklin Roosevelt-style infrastructure and related investments–to stabilize and grow the United States’ physical economy. If you do that, you turn the physical economic collapse around–but you must have the general overnight Fed rate doubled, to 4%, immediately.

LaRouche called on his own supporters and other political forces to “run a major campaign on this. No more cheap bailout money! If you’re a patriot, you’ll join me to push the Fed into a special session to get this done now.”

He commented on the current staging in Washington of a Republican demand on House Speaker Nancy Pelosi to call a special Congressional session. “They should have one,” LaRouche said. “It’s the right demand, though for the wrong purpose. This has been a `do-nothing Congress.’ They need to save the sinking economy–two-tier credit, Federal credits for infrastructure and productivity projects.

“Otherwise, whatever it takes, get the Fed to raise the overnight rate to 4%, now–or forget the survival of the United States,” LaRouche said.

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