Obama Aides: ‘No Tax Cuts for the Wealthy’; Citibank Gets $300 Billion bailout

It isn’t like I didn’t warn you guys.

Barack Obama surged into the highest office in the land on a wave of lies — the main one being that he would hike taxes on 5% of the population who made over $250,000. Only the Kool Aid drinkers believed him, and only the Kool aid drinkers will continue to make excuses for him even as he raises their taxes — which is inevitable:

President-elect Barack Obama may consider delaying a campaign promise – to roll back tax cuts on high-income Americans – as part of his economic recovery strategy, two aides said on Sunday.

David Axelrod, the Obama campaign strategist who was chosen to be a senior White House adviser, was asked if the tax cuts could be allowed to expire on schedule after tax year 2010 rather than being rolled back by legislation earlier. “Those considerations will be made,” he said on “Fox News Sunday.” Source

Meanwhile, the federal government has just promised Citibank — a privately held company — another $300 BILLION of your tax dollars! We’re still awaiting the bailouts for the millions of Americans who have lost their homes or are at risk of losing their homes.

But I guess they don’t count.

lovezoe

This is one of the few things I do not like about Obama. I need a bailout. I am not in danger of losing my house, but clear my credit!
ChokLitFactory

They just said they MAY DELAY the tax hikes, not scrap the idea all together. I’m not sure immedietly increasing taxes right now would help the economy much anyways. So no, that does not constitute a LIE.
As for the bailout…I have no words 4 that one!
Kymystry

Auntie … the site is having some glitches today .. not posting after you’ve typed all ya witty comments .. it’s logged me out 4 times ..
tell word press to get it together ~!
goat76

And he ain’t the one handing over 300 billion dollars to CitiBank either……..
SHANIASMOMMA

we are still under Bush …Obama has nothing to do wit this …remember Obama doesn’t become president till 1/20/09…damn!
LB

The man hasn’t even been sworn in yet? wtf is wrong with you people. its like ur ROOTING for him to fail. not realizing, that if he does, the American people will suffer because of it. Damn, if Elizabitch Hasselback can support him, im sure u can to. take the thumb outta ur asses already
http://myspace.com/iyonah iyonah

same thing here Kym … wordpress is a bit off today- its Autntie w/ the jacked up content too.
Kymystry

OHHH .. i am SOOOO geeked up .. Imma be a grown-up finally .. lol .. I’m gettin the Blackberry Touch Screen ..

but tell me WHYYyyyYYYyyyYYYYyyYY it JUST beacme avail on 11/21 and they’ve ALREADY have a backlog and I won’t get it till Dec 15…
aduvalprincess

Isn’t BUSH still the president?? I mean please don’t blame all this mess on Obama, the man is the President-Elect, he hasn’t even been sworn in.
melinla

Citibank is actually receiving 20 Billion dollars in aide to help secure the 306 billion in failing mortgages and securities the company holds. At little less dramatic when you tell the truth…
Liberty

Obama supported the $700 bil bailout so I don’t see why he wouldn’t support $300 bil for citibank.

Obama = Clinton Administration Part Two (On Steroids)
carmelita79

If you have a problem with the bailout plan, I ADVISE YOU to talk to BUSH and HIS TEAM who allowed the banks to run freely while he invested millions of our tax dollars into a war with Iraq who had nothing to do with 9/11. He wasted lives of americans and iraqis so he can kill sadam hussain.

please stop blaming EVERYTHING on Obama. So tiring.
Kymystry

i’m just not gonna comment … imma sip my koolaide …

and look at tutorials about my new handy dandy phone .. whoo hoooo
Liberty

Carmelita…The Bush Administration wouldn’t be able to do it had Clinton not set it up for him.

Please research The Glass-Steagall Act and how Clinton and his administration repealed it late in his second term which led to our current economic crisis.
SHANIASMOMMA

why hasn’t my gravatar shown up yet !!!!!!!!!!!!!!!!!!!!!!!!!!!!! i did it months ago
shunda

@kymystry
If you got “red”(cherry) I will have a glass lol. The only good thing about my job is that we get the new phones and gadgets first. Our touch was in the mail last week. I need to go check it may be here
Kymystry

@Shunda … yes I gots u … red .. and purple with a hint of lemon … lol .. my two fav’s … lol

I used to work for Verizon .. and I miss those perks ..dang it … lol
bloggergirlz

yep…this is one of those posts where you ignore it or talk about something else…

is this your first blackberry? i’ve never had one, but i know some folks who are truly addicted…i just got the tmobile g1 and i’m still playing around w/ it…
Kymystry

@ bloggerg .. yep it’s my first blackberry …

wow .. i’m JUST now gettin my blackberry popped ..

I was playing with the G1 when i was gettin my hair done this weekend …(chile it’s amazing what 1.59 a gallon gas will allow u to do again) … and it’s a really cool phone .. that new app thats coming .. the reitna scan .. thats some James Bond ish right there….
shunda

The G1 is ok but Tmobile needs to do some upgrades before things work. My job has a technology center so we test everything out for the Execs. The blackberry is very addictive that is why they call it a crackberry.
KaraZ

Sandra what about England? If you go “home” you’d be taxed more heavily so sitcho or go home.
bloggergirlz

the only issue i have w/ the g1 so far is the battery life…i gotta take a charger w/ me where ever i go…i was pissed that i had to get rid of my “grandfather” plan in order to get the g1…my last phone was the dash and that phone sucked big time…
Kymystry

shunda .. you WILL be my go to person when i’m STUCK like chuck on that blackberry thingee …

I went from NO blackberry .. to the Deep End of Blackberry-ness .. lol
http://myspace.com/iyonah iyonah

A@ bloggerz really? I was thinking of getting the G1 but maybe I should wait till they do some upgrades.

ON post – if you aren’t going to state all the facts and specifics then you should not post. Copying and pasting quotes to suit your title or opinion is not GOOD blogging SANDRA.
msmika31

Sandra, now I know your not blaming President-Elect Obama for something that is going on under President Bush’s administration. Can the man get sworn in first? I’m just sayin…
iscream

Why doesn’t the fed gov bailout the states? If they do that it will save jobs and keep city taxes, tolls & transportation from being raised. Which iin turn will allow ppl to put more money back into the failing economy.
shunda

@Kymystry
lol. I gotcha back. Most of the people in the company had no idea how to use the blackberry so we had to set up classes. They go to a 2 hour training course. It is pretty funny because their eyes light up like kids at Christmas when they figure something out.
bloggergirlz

@iyonah: the battery is the only issue (so far)…the rep warned me b4 purchasing though…the other issue i’ve encountered is small (but irritating)…u can’t save numbers from your call log…u have 2 go 2 ur phone book and manually enter the phone number…i find that really strange…otherwise i really like the phone though…
http://myspace.com/bwcoop Coop

@Sandi
@Liberty

Citibank is getting 20 billion from the Bush administration and not Obama. Also the country as a whole did pretty good under Clinton. And did you know that the Great Depression was caused by three straight Republican president and the Democrats had to clean it up.
kalvonel

LMAO!!! @ Kym’s – “wow .. i’m JUST now gettin my blackberry popped ..” – tooo funny.

Personally, until the Feds start talking about some kind of bailout for me…I could care less. I just told one collector that I’m going “Freeze Spending” unless it’s on Rent, Gas, and GA power.
Liberty

Actually it is $300b to back up the loan and assets for their books and then an ADDITIONAL $20b to invest into Citigroup.

People say the country did good, but that’s only compared to now. Black male incarceration skyrocketed under Clinton. The Housing Boom, I mean bust, was set up during his administration. The War in Iraq? Please look into Clinton’s Israeli policies.

Not to say that Bush didn’t do his fair share of the damage, but Clinton set him up nicely for the kill.
shunda

Since I was watching my Katt Williams dvd last night, I must agree with him that Bush is the only president to come into office and mess up everything… No further comments going back to drinking my koolaide from my girl Kym and talking about cell phones.
Kymystry

@ Shunda .. I was a freshman in college.. Carter was finishing up his term.. Ron Regan took office the following Jan .. I went from having TOTAL financial aide to NONE .. in less than 4 months … then Daddy Bush took over .. and it was Worse .. then Life picked up when Clinton came in office .. and then .. the slippery decent back to all hell breakin loose when that Idiot Savant “W” stole the election.. so from a 45 y/o woman’s perspective .. I’ll take The Democratic Party for 200.00 Alex ..

back to sippin… wow .. I have the touch screen Dare now .. it’s pretty cool .. got it in Aug. .. ova it already… SOOO lookin fwd to the Berry !
DMNB

I thought Obama would become President on 1/20/09, so why is he being blame for the mess we are in now. Not unless I got it wrong and he is the President!
shunda

@Kym
I have the LG Shine right now. I just like the mirror. I admit it I love looking in the mirror lol. My male friend has the LG Vue and if he asks me one more time how to use it that thing may go out the window. His excuse is always that I work in IT and I program things all day.
bklynchick

Hey my name is BklynChick

Crackberry Supporters; Hi Bklynchick

I am a blackberry addict and refuse to use any other phone besides a blackberry.

Crackberry Supporters; AWWWWWW

I love love love love my blackberry. It so useful. I don’t know if Tmobile has the blackberry storm yet but when they do I will be the first one to get it.

I like lemon lime flavor kool aid let me get back to it while I laugh at the haters who think Obama can starighten up all of Bush mess in four years and who thjink he is the President right now!!
Kymystry

Hi BkChick … when the addiction take “holt” to me .. i’ll be joing the support group too.. lol

and No . Only Verizon has the Storm … right now ..
Unique26

Wouldn’t you rather a bailout than to see MORE people loose their jobs. I mean…maybe he should change the laws on how long NON US CITIZENS stay here and send you packing home! Your such a hater.
Kymystry

side-side note .. some Verizon employee’s got SERIOUSLY reprimanded for lookin at Pres. Barack Obama’s acct without cause …

just stupid … just stupid…
Mississippi16

@ Shunda…
I too serve as a wireless support for my company (execs, travelers, etc).

When i sit down to give someone a “quick” tutorial, it usually take at least 45 minutes.

KYM, I would like to request some “red” Kool-aid with crushed ice. Is that too much to ask.

**SIDEBAR** advice to all SR readers… please don’t use this site to get your polical/ economic updates. If you believe everything you read on here, then you’d actually believe that Diamond is a celebrity.
Mississippi16

I saw at lunch today that if we don’t do something with these companies, we can expect another million people to loose jobs next year.

Please beleive that another million people loosing jobs will affect everyone… no matter what industry you’re employeed in.

1)Combine next year’s unemployment with this year’s unemployment.
2)You have an astronomical figure of people who aren’t paying taxes.
3)Will those who are still employed be forced to pay more taxes to compensate for this critical shortage? Be it sales tax or income tax. What will happen if we cannot afford to pay teachers, polices, garbage workers, government workers, etc.
4) Image the crime increase. Image if another million parents lost their jobs. How are they going to provide for their children? By any means necessary… by hook or by crook! Growing kids still need food, clothing, and shelter
5) Every industry (expcept for medical) will take a hit. I hope that no one is so naive to believe that because it hasn’t hit you yet, that you’re safe.
6) Turn off Real HOusewives and turn on CNN. These bailouts are serious issues.
terika83

I mean….we didn’t really CARE if he increased or cut their taxes as long as ours wasn’t increased….wasn’t that clear???
terika83

AND….there was DEF some NON kool-aid drinkers in the crowd who were rejoicing when he won so stop being stereotypical of your own race and judgemental. I can’t stand to see people prejudice against their own race. Smh.
terika83

SMH these bailouts are some bull…like the one company (i can’t rem. the name) but used some of the money to have parties and ish. like wtf? All they got was a slap on the wrist…smh.
Mississippi16

@ Terika… this stuff is kinda hard to keep up with but from what i understand, the partying came first. When they finished partying they announced that they were fuked up.

The bailout come with qualifiers. for the Auto industry, they are saying we not giving ya’ll shyt till you
1) get rid of the one who fuked it up to begin with
2) we are in agreement with your next move on how your company is going to make the money to pay us back.
3) We get our money back before ANY body else that you owe.

Obama Aides: ‘No Tax Cuts for the Wealthy’; Citibank Gets $300 Billion bailout

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