Comments on: The Corporate Mad Dogs Of Citizens United

By: montanabill

montanabill — Fri, 02 Nov 2012 00:26:00 +0000

The two budgets that Obama has submitted have been rejected unanimously by both Democrats and Republicans. What budget are you referring to?
I told you I have both S-corporations and LLC’s. (Limited Liability Corporation). These do make my taxes less because I do not have to pay both corporation taxes and personal taxes, but it means that all profits are taxed at my personal tax level, which is the absolute maximum by law (about 33% not counting 6 state income taxes).
I don’t know which economists say 12 million jobs would be created by doing nothing, but if business gets confidence that the government is not out to get them, which they would feel under Romney, expansion will start immediately.

By: grammyjill

grammyjill — Thu, 01 Nov 2012 20:55:00 +0000

Obama tried to pass a budget where only one dolllar was spent for every two and a half dollars brought in. The republicans in the house said it was good and would work well then voted against it. And no, having your taxes go up to the Clinton era (when all of us were doing good) probably wouldn’t make my husbands pay increase a bit. Getting his multimillionare boss to pay the workers what they are worth would help though. He use to make good pay, at the same place, but in late 2008 when the shit hit the fan, the boss cut everyones pay and the deductions went up. Over half of what he makes goes into deductions. Are you incorperated? If not, would doing that make your taxes less? I’m not a business person so don’t know, but I’ve heard corperations pay less taxes. I just heard Romney saying again that he will create 12 million new jobs but economists say that will happen if no one in government does anything.

By: montanabill

montanabill — Thu, 01 Nov 2012 14:17:00 +0000

No, it will not hurt me to pay 4-5% (actually will be closer to 12% with all the other stuff attached) more. But taxing me more will not improve your income or the incomes of anyone else. My companies are either S corporations or LLC’s, which means that their income is taxed at my tax level. This is common with most small or closely held companies. Money paid to taxes reduces the money I have available to expand my companies. In my case, it would mean fewer new jobs next year.

I’m afraid your math doesn’t work. The amount of revenue received from increased taxes will be offset somewhat by the revenue not received because of jobs not being created. Further, the total, even if there was no offset, would not do much of anything. Obama has generously predicted it would generate new revenues to the government of $850 billion over ten years. That is $85 billion a year when we are deficit spending over $1 trillion per year. It means we, theoretically, reduce the deficit by 8.5% a year, but means we are still spending $915+ billion more than we take in each year. In other words, it won’t pay for anything or have much of an impact on the deficit.

Sensata was a cherry picked company from Bain’s history and even that story was not told correctly.

The reason jobs disappeared from MA was a little thing called the ‘personal computer’. MA depended heavily on companies like DEC, DG, Prime and others. Each tried to create a proprietary PC while trying to save their minicomputer business. People rejected proprietary PC’s and generalized PC’s replaced minicomputers. The minicomputer makers slowness to adapt killed them. Romney didn’t have a thing to do with it.

By: montanabill

montanabill — Thu, 01 Nov 2012 13:01:00 +0000

I know there are Obama supporters among the employees. What I also know is that we have added a considerable number of people who lost their previous employment to this economy. They now have a good paying job with very good benefits and understand that they reason there was a job available is because we grow with retained profit, not loans. They also know that the administration wants more of that profit in the form of taxes. We also work in the health care industry, so they get a first hand look at the effect of Obamacare and all the new regulations constantly imposed on our industry.

Those employees who will vote for Obama are not doing it because of his economic policies or Obamacare or his welfare state or because he got bin Laden.

By: hometown dude

hometown dude — Thu, 01 Nov 2012 10:08:00 +0000

This country is going to hell when it comes to democracy when you have employers openly using tactics like this to intimidate their employees and nothing is done about it . Give a fools an inch and they take a mile. If these money grubbing moguls are allowed to get away with this then tell me what’s next? Voting is a personal/private thing that should be done free of intimidation or coercion. One would hope that the people of this country would have enough integrity and guts to vote their mind regardless of what anyone says. Don’t let these rich fools influence your vote!!!!

By: Hillbilly

Hillbilly — Thu, 01 Nov 2012 06:18:00 +0000

Murray seems to be breaking the election laws coming and going, he is threatening his employees with losing their jobs if they don’t give money to Republican campaigns and telling them how much money to give to the corporate headquarters so they can send it to the Republican candidates. That is exhortation and interfering with a person’s constitutional rights to vote as they choose. All of us need to send messages to the 5 Supreme Court judges that made Citizens United legal and ask what was it you said that there would be no wrong doing by corporations by allowing to give what ever amount they want to give to any party. When justices goes to private meetings and parties like Scialia has done with the Koch brothers they need to be forced to resign because of conflict of interest. Also everyone needs to get in touch with the election commission and the Justice department to get people like Murray, Koch brothers who also sent out letters to their employees saying if the right people were elected there would be lay offs and plant closings and gave their employees a list of people to vote for investigated for their exhortation of their employees and interfering with their constitutional right to vote for who ever they want to vote for. Also Romney since he was the one that made the suggestion they sent out threatening letters regarding the workers jobs.

By: Blaze Stryker

Blaze Stryker — Thu, 01 Nov 2012 04:44:00 +0000

Does anyone remember the old Marvel comics titles? They had a group called the Hellfire Club.

These folks were a comics-created group, but they were rather different than the usual screaming, blood-spattered villains. They were a cabal of the wealthy and connected, seeking to promote that wealth and parley it into temporal and political power. Their Inner Circle even had intentions of world domination through largely economic means.

I think the Koch Brothers and their slimy ilk may have been inspired by these things when they were younger, because their attempts to subvert, suborn, and commandeer the political process from the factory floor all the way to the Congressional floor comes off like someone trying “economic takeover” for real.

I just wish someone would collate all this crap in hopes of sanity returning long enough for these clowns to be charged with sedition!

By: grammyjill

grammyjill — Thu, 01 Nov 2012 04:28:00 +0000

Ok, if Obama wants your taxes to go up then you must be VERY well off. Will it really hurt you so much to pay four percent more than you are now? Will you have to skip supper to pay it? Some of us do. My husband denied his last raise because we couldn’t afford it. It would have put him into a higher tax bracket and would have taken even more out of his meger paycheck. If you need a good reason for a little higher taxes, the rich go back to the Clinton era tax rates. Not alot of extra money, but it will help pay for the infrastructure bill that will put millions back to work. Millions more tax payers, so ALOT more money. And like magic the deficit starts going down.
He has already worked on Medicare. The saving of the 716 billion over 10 years will add that 10 years to Medicare. He hasn’t done SS yet cause the republicans just want to privatize it. Not a good idea.
Actually there will be savings from the war. He took it off the credit card. Everything going on now is done on a cash basis. You ask about Romney’s impact on business. Sensata Industries! Everyone keeps saying he’s a businessman so he knows how to do this. If that were true he would have been a good governor, but he really sucked! Jobs disappeared in Mass. fast. He drove businesses out of the state with his extreem fees. So, if he did that in Mass. what chance would any business have with him in the white house?

By: grammyjill

grammyjill — Thu, 01 Nov 2012 03:34:00 +0000

I think if you have let your feelings be known, you would not know if there were any Obama supporters there. And not everyone wishes to share their choise. Afterall do you know any of their other private business?

By: oldnick2

oldnick2 — Thu, 01 Nov 2012 01:45:00 +0000

Toward the end of 2001, Alberto Gonzales, U.S. Attorney General for President George W. Bush, is said to have written a memo upholding a “plan to hold captured individuals (citizen or not) at locations outside the United States, presumably beyond the reach of the federal courts and without benefit of counsel for the purpose of interrogation techniques that constituted torture. It was further argued that a president’s inherent power as the commander in chief of the armed forces permitted the designation of an individual (citizen or not) as an enemy combatant and his indefinite incarceration. All one has to do is add “political enemy” to the category. How can one protest from a dungeon on the other side of the world? Reference: Page 194 of Thomas Oliphant’s book, Utter Incompetents: Ego and Ideology of Bush.