What else is new! Hillary don't hide behind your mailers!!!!!!!!!!

OBAMA08

This is good...the more they hate...the more Obama dominates!!!

NC4Obama

This is good...the more they hate...the more Obama dominates!!!

NC4Obama

Last minute emotional moment... check

Last minute campaign mailer with attacks already proven false... check

Just waiting for Bill to slip his leash and the Clinton campaign will be ready for election day

Beware, all members of the middle class who are making $100k a year...

This is such a low blow. Anyone remember Tsongas vs. Clinton. How'd that middle class tax-cut work out, Bill.

So I guess the question is, do you want to put those manipulative, selfish liars back in the White House or do you want something new?

Oh Hillary.

Her plan for the foreclosure mess is to freeze interest rates for 5 years. Interesting, but how exactly will she do that? There is a constitutional provision against intereference with contracts. Let's say she does manage to freeze interest rates. That's great, but what exactly will that do for lending. How many lenders will do business in the USA? Why make a loan in the USA when you can do another loan in another sector or country for more return. Not all of the money would leave the sector, but a lot of it would. (There is a finite amount of money, and investors, e.g. banks, chase the largest returns.) And, that means a lot less people buying homes.

As for social security taxes, Obama's plan was to allow social security taxes to be collected on higher incomes. The way SS works is that for the first $97K or so of salary, the gov't collects taxes. After $97K, you pay no further taxes for SS. Obama has suggested that we lift that cap, or impose the tax again after 200K or so. In other words, the tax burden to the middle class does not change one whit, but higher wage earners will have to pay more in SS taxes. Because Hillary lives in NY, the average salary is definitely higher than the rest of the US. So, New Yorkers would be concerned about this change, but for the most part, most Americans would never feel the tax increase.

Anyway, my two cents...

Oh Hillary.

Her plan for the foreclosure mess is to freeze interest rates for 5 years. Interesting, but how exactly will she do that? There is a constitutional provision against intereference with contracts. Let's say she does manage to freeze interest rates. That's great, but what exactly will that do for lending. How many lenders will do business in the USA? Why make a loan in the USA when you can do another loan in another sector or country for more return. Not all of the money would leave the sector, but a lot of it would. (There is a finite amount of money, and investors, e.g. banks, chase the largest returns.) And, that means a lot less people buying homes.

As for social security taxes, Obama's plan was to allow social security taxes to be collected on higher incomes. The way SS works is that for the first $97K or so of salary, the gov't collects taxes. After $97K, you pay no further taxes for SS. Obama has suggested that we lift that cap, or impose the tax again after 200K or so. In other words, the tax burden to the middle class does not change one whit, but higher wage earners will have to pay more in SS taxes. Because Hillary lives in NY, the average salary is definitely higher than the rest of the US. So, New Yorkers would be concerned about this change, but for the most part, most Americans would never feel the tax increase.

Anyway, my two cents...

Desperate times...

That does it. Bill goes on his apology tour, and the next day, once again, the Clintons are out distorting their opponent's record. And yes, it works, most people don't have the time or wits to follow politics closely, and get swayed by this kind of crap. So the Clintons' apologies for playing dirty were one more lie on top of a mountain of lies. These two are just scum. My hope is that the awarding of delegates will end up with neither having a nominating majority,and the superdelegates make the call (the Dem party seems to have set it up that way). And then they get to take a good, hard look at what has gone down in this campaign - Obama playing hard and clean, the Clintons playing hard and dirty. It will be gutcheck, no, soulcheck time for the party, and the Independents will be watching closely....

How DARE Clinton tell the truth!! It IS the economy, stupid!

Yes it's the economy stupid which is why Hillary's plan is bullshit. A president CAN'T
freeze interest rates. It's unconsitutional.

And her lie about that trillion dollar tax hike was designed for dummies who don't have a clue what Obama proposed.

Not to mention the only thing she has proposed so far to fix soc. sec. is to establish a commission which will come up with...err.. something.
Vote for a big unknown something. Vote for Hillary.

Obama should take some more inspiration from JFK and say he'll lower the capital gains tax as well.

Obama played the same game with the mailers. What good for the goose is good for the gander! Obama's mailer is waiting for him back in Chicago...where he's gonna end up when HRC is nominated by the Dems! Go Hillary!

Well, the fact is: Obama DID vote for that 2005 energy bill, which was one of the worst pieces of legislation in U.S. history. It was in effect a huge tax giveway to major oil corporations... and look where it's got us. Even John McCain called it: "no lobbyist left behind."

If you don't raise taxes and you think SS has a problem, the only option is benefit cuts. That is Hillary's solution, only she's too dishonest to admit it.

I think it's more than accurate on Hillary's take on Obama's lack of a plan.

And ANY is fair game now, after Obama used/revived a Republican/Insurance industry attack ad against Hillary. And you guys are whining about her campaign factually stating what he will and won't do?

Intrest rates will be frozen on those loans which are about to reset or that have reset and are minimally feasable for the homeowner. But at least they will still be able to keep their home. It's done ALL THE TIME. Lenders will have to agree, but it's in their best interest.

The interest rate freeze is a fantasy. Won't happen. Illegal and infeasible.

"Obama should take some more inspiration from JFK and say he'll lower the capital gains tax as well."

I hope you mean long term capital gains. Short term capital gain has been too low, and is responsible for most of the bubble problems in the market.

Short term gains should be taxed as regular income. That'll make people think hard before investing in ponzi schemes.

The fact is that Obama is going to increase the fica tax past tcurrent 97k. Hillary is opposed to increasing this tax.

This comment is in response to President-Elect Obama asking the public for "fresh and new thinkers" to provide him with proposals to get our economy back on track.

I answered his request and after six weeks of effort, I have not received a response. I now need you help to move this cause forward.

Attached is copy of a letter sent to Secretary of HUD designee, Shaun Donovan outlining the plan.

December 17, 2008

RE: Solutions for the Housing & Job Crisis by using small businesses to jump start the economy, which can take effect as of January 21, 2009

Dear Shaun Donovan,

I have made several attempts to contact members of congress, the senate and the new administration’s transitional team regarding solutions for the housing and job crisis but to no avail. I write to you with hopes that we can discuss this bold plan that I have created which will require federal assistance. I also write to you with hopes that you will champion this cause so that we may implement this plan in time to prepare for the second wave of foreclosures projected for 2009 – 2010.

I have been in business since September 1981 in the areas of Real Estate, Finance, Taxes and Business Strategy along with possessing a legal background. I consistently deal with the stress and anxiety of the average American to find real, tangible, solutions. I believe that my many years of service as an expert in these areas, can be transformed into an effective initiative to tackle our current housing and employment challenges.

Below, please find an outline of the above mentioned plan as it relates to a national solution that will improve our uncertain economy. I am confident that this plan can be that “single solution or magic bullet” that Chairman Sheila Bair of the FDIC did not believe existed.

This proposal can be developed to take effect as of January 21, 2009 and will produce a comprehensive and effective business model that will:

Stop & Prevent Foreclosure:

Establish eligibility of loan modification within 72 hours after a complete application has been submitted
Establish a safeguard procedure that will prevent the homeowner from re-entering the foreclosure process

Stabilize Property Values:

Retention of homeownership in order to prevent declining sale value
Reduce inventory of foreclosed properties where homeowners are in possession or retain title of ownership

Stimulate New Investments:

Develop Partnership Investments for new businesses or expansion of businesses
Integrate partnership with financial institutions that received a part of the 700 billon dollar bailout or any new stimulus legislation to be enacted
New tax structure to create incentives for high income earners above $250,000 per year. These participants will contribute to the program which will create capital, job creation and business growth, without a tax increase

Solution for the Housing Crisis and Other Areas of our Economy (Continued)

Create Job Growth:

The program will match employers with employees who are enrolled
Current unemployed applicants will enroll into the program to qualify for employment first by the prospective employer who is a member of the partnership structure of this business model
The job placement program projects a minimum employment growth of 100,000 new jobs per month, 30 days after the implementation of this program

Create Educational Opportunities:

Cost associated with an unemployed applicants requiring training for employment opportunities in emerging industries will be paid by this program
Employers who are members shall have the option of receiving tax credits or matching funds if unemployed applicant is hired and requires additional education or training to pursue a career in an emerging industry
Finance, income tax and credit counseling will be required for all who enroll in this program

Create Accountability:

Each applicant and or transaction performed under this business model will be tracked and all information will be retained for accurate reporting, research, analysis and for auditing purposes

Restore Consumer Confidence:

Upon enrolling into this new program, each applicant will be issued an assigned card to be used with all purchases from merchants that are members under this new business model. The applicant will be entitled to a ten to twenty percent discount for each transaction when using the assigned card

This proposal has been developed to serve as a fast-track program to create the business model the government can use for the 21st century economy that will ride on the innovation of the internet. Please contact me as soon as possible.

Respectfully,

Allen Shay

For questions regarding this outline, please contact:

Allen B. Shay 202 S. Lake Ave Suite 260 Pasadena, CA 91101

626-584-0499 (Phone) shayandassociates@hotmail.com (Email)

COPYRIGHT © 2008

Shay & Associates
202 S. Lake Avenue Suite 260
Pasadena, California 91101
(Tel) 626.584.0499
(Fax) 626.584.0703

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