Tonight's Debate 10/15/2008

[Drew Dowdell]

Right out of the gate McCain looks pretty good. Best yet.

Clear and on point.

Obama is on the defensive.

[Drew Dowdell]

Ouch. Obama crashing bad on the opening question.

[Drew Dowdell]

yikes, and McCain is throwing it away with sarcasm and rolling his eyes!

[Satty]

OMG!!!! McCain isn't wearing a flag pin!!!!UnAmerican!!!!

[Drew Dowdell]

McCain pwned Obama on that first one on style. I believe in Obama's plan over McCain's but that's because I've read it. If all you've seen is this debate, Obama fumbled it bad...

[Drew Dowdell]

McCain totally overboard on this second question.... "What would you cut?"

I'd use a hatchet and then use a scalpel.

Wow!

This is bad.... he's all over the place! Skizto rabbit on espresso!

Note to McCain: Don't mention that you can remember the last depression.

[SoCalCTS]

McCain is losing so badly. Joe the plumber who makes $250,000 dollars a year!!?!?!? are you f@#$ing kidding me? If you make $250K a year, you have nothing in common with the middle class. I'm glad this fool Joe can't afford to buy another business. Is he providing healthcare for his employees? John McCain please get a clue.

McCain is just ranting and being incoherent. Poor old man. Must be dementia.

[Drew Dowdell]

ugh... Obama is dull.....

All he needs is a chalkboard and an overhead projector and I'm back in a boring Economics 101 class....

[SoCalCTS]

ugh... Obama is dull.....

All he needs is a chalkboard and an overhead projector and I'm back in a boring Economics 101 class....

Maybe that is why McCain is being schooled right now.

[Satty]

McCain can tell you where to find that projector.

[Drew Dowdell]

Zing!

Obama: "If I occasionally mistaken George Bush's policies for your policies it's because you've supported him on every major economic policy"

[Drew Dowdell]

Oh this outta be good!

"Say it to each other's face"

[Enzora]

God, I love Bob Schieffer.

[Drew Dowdell]

this debate is sucking bigtime....

it's not telling me anything

[Drew Dowdell]

McCain is whining about Obama having so much money to spend? Are you kidding me?

[SoCalCTS]

This debate sucks. These questions are baloney. Is this a marriage counseling session or a debate?

[Drew Dowdell]

Now McCain is already acting cranky and interrupting Obama

[Enzora]

[McCain]Breathe deeply. . . count to ten. . . must not give in. . . to the anger.[/McCain]

[Drew Dowdell]

McCain is defending the supporters who have been yelling "Kill Him" about Obama by saying "But they were wearing WWII hats!!! They're HEROS AND PATRIOTIC!"

[Drew Dowdell]

OK, now McCain's gone off the lunatic fringe....

[Satty]

McCain's campaign is about the economy? BWAHAHAHAHAHAHA!!!!

[SoCalCTS]

McCain just got creamed by Obama's response to the Ayers/Acorn allegations.

[Drew Dowdell]

McCain's a psychotic rabbit on espresso again....

[Satty]

Obama handled the Ayers and ACORN matter pretty well.

[Drew Dowdell]

Yeah, that hopefully will put that to bed <not likely>

Obama should have said, "John, the same people that funded Ayers have donated to your campaign"

[Drew Dowdell]

McCain is going to tell us how Palin would be a better president than Biden.

[Drew Dowdell]

SARAH PALIN HAS A SPECIAL NEEDS KID@!!!@!

[Satty]

Yep, that makes her qualified to be president, somehow.

[Drew Dowdell]

Obama just reach back and pwned McCain again on cutting spending.

[Drew Dowdell]

lol

We're going to talk about climate control.

I have automatic climate control... .how about you?

[Drew Dowdell]

"We're seeing Iraqis united as Iraqis." Yes, McCain just said that. Yes: the next president could be even more delusional about Iraq than the current one.

[Teh Ricer Civic!]

Obama appears to have a poor understanding of international trade.

[Croc]

This is some scary &#036;h&#33;. I'm having a hard time watching this one...

[Drew Dowdell]

lizzard tounge..... and yet again with the psychotic rabbit on espresso.

[Teh Ricer Civic!]

Obama just reach back and pwned McCain again on cutting spending.

BS, he is all lipservice. His proposals do not back up his ideas. plus the fact that his ideas will stymie further economic growth and thus lower gov't revenues.

[Drew Dowdell]

Obama appears to have a poor understanding of international trade.

Why? becuase he want to require other countries to meet certain condition.... pre-conditions if you will.... before we'll trade with them?

[Teh Ricer Civic!]

Obama makes similar claims as some random guy off the street about the economy and free trade. I have heard all these arguments before and there are reasons they generally are not implemented.

[Drew Dowdell]

BS, he is all lipservice. His proposals do not back up his ideas. plus the fact that his ideas will stymie further economic growth and thus lower gov't revenues.

you obviously don't know which moment I'm refering to.

When McCain brought up Palin understanding Autism.... Obama say that's great, but if we use a hatchet to cut spending, there won't be funding for autism research.

[Drew Dowdell]

Obama makes similar claims as some random guy off the street about the economy and free trade. I have heard all these arguments before and there are reasons they generally are not implemented.

Of course there are..... the CEOs want to get the product from China for cheapest possible regardless of how the product is made or the pollution it creates or the workers it kills.

that's a great reason

[Teh Ricer Civic!]

you obviously don't know which moment I'm refering to.

When McCain brought up Palin understanding Autism.... Obama say that's great, but if we use a hatchet to cut spending, there won't be funding for autism research.

and in the long run we will have a stronger economy and fuller coffers for those projects.

[Teh Ricer Civic!]

Of course there are..... the CEOs want to get the product from China for cheapest possible regardless of how the product is made or the pollution it creates or the workers it kills.

that's a great reason

ITS PROTECTIONISM

[Croc]

I love the unofficial name of this debate as coined on dKos: "Love and Death on Long Island." Sheer genius.

[Drew Dowdell]

and in the long run we will have a stronger economy and fuller coffers for those projects.

nope, because we'll be deeper in debt.

Again, you can't cut taxes on companies who aren't going to be making money anyway. It doesn't matter if the business tax rate is 15% or 50% if companies keep imploding at the rate they are today.

[Drew Dowdell]

ITS PROTECTIONISM

Requiring other countries to maintain environmental and working conditions standards is not protectionism.

In fact... it's just good business... should be part of any request for quote.

"Make me this product with these specifications with these standards"

[Teh Ricer Civic!]

nope, because we'll be deeper in debt.

Again, you can't cut taxes on companies who aren't going to be making money anyway. It doesn't matter if the business tax rate is 15% or 50% if companies keep imploding at the rate they are today.

Actually in the business world it IS POSSIBLE to have a profit before tax and a loss afterwords.

But taxing our business at the HIGHEST RATE IN THE WORLD. Clearly is not the answer to a BAD ECONOMY.

[Teh Ricer Civic!]

Requiring other countries to maintain enviromental and working conditions standards is not protectionism.

Oh really? "Oh canada... yeah... you arent protecting the..uh... white tailed pink flamingo of antioch... im sorry we wont trade with you"

Its similar to our emission standards and other atuo standards.

[Drew Dowdell]

Actually in the business world it IS POSSIBLE to have a profit before tax and a loss afterwords.

But taxing our business at the HIGHEST RATE IN THE WORLD. Clearly is not the answer to a BAD ECONOMY.

on paper.....

after deductions it is much lower....

[Teh Ricer Civic!]

on paper.....

after deductions it is much lower....

Right cause Europe doesn't have deductions too right?

[Drew Dowdell]

Right cause Europe doesn't have deductions too right?

not like we do

edit: Do you run your own business? Cause I do....

[Teh Ricer Civic!]

Hmm seems fair.

According to CNN, Exxon Mobil once again reported the largest quarterly profit in U.S. history Thursday, posting net income of $11.68 billion on revenue of $138 billion in the second quarter.

That profit works out to $1,485.55 a second.

Buried in the story we also find that "In addition to making hefty profits, Exxon also had a hefty tax bill. Worldwide, the company paid $10.5 billion in income taxes in the second quarter, $9.5 billion in sales taxes, and over $12 billion in what it called 'other taxes.'"

MP: In other words, Exxon Mobil paid $32.361 billion in taxes in the second quarter, which works out to $4,114 in taxes per second. Another way to look at it - Exxon paid almost $3 in taxes ($32.361 billion) for every $1 in profits ($11.68 billion), see chart above.

that is 25% tax on their REVENUES. Not necessarily profit, but REVENUES.

Edited October 16, 2008 by Teh Ricer Civic!