Obma turns to one per centers to fund inauguration ball

[buzzthefuzz]

Obama's message is don't do as I do, do as I say!

http://hosted.ap.org/dynamic/stories...MPLATE=DEFAULT

[ybnormal]

Why not just tap his fellow millionaires who got him where he is?

[musicmd]

Obama's message is don't do as I do, do as I say!

http://hosted.ap.org/dynamic/stories...MPLATE=DEFAULT

Stop lying, Planners of President Barack Obama's second inauguration are soliciting high-dollar contributions up to $1 million to help pay for the celebration in exchange for special access. What is Obama saying. Well, I do understand where you are coming from, you lost your election.

[musicmd]

Why not just tap his fellow millionaires who got him where he is?

Read this very slowly"Planners of President Barack Obama's second inauguration are soliciting high-dollar contributions up to $1 million to help pay for the celebration in exchange for special access."

inaugurations are not funded by tax payers. So, why do you care were the money comes from, YB? Just think, $400,000,000.00 and Romney still lost.

[Informed Thinker]

Why not just tap his fellow millionaires who got him where he is?

He is thats partly how he out fundraised Romney.

http://washington.cbslocal.com/2012/...romney-totals/

The final amount Obama raised for all of his connected committees exceeds $1.24 billion. Romney’s fundraising fell just short of $1 billion with $923 million raised for his campaign, his victory committee and the RNC since he secured the nomination in May 2012.

[buzzthefuzz]

Stop lying, Planners of President Barack Obama's second inauguration are soliciting high-dollar contributions up to $1 million to help pay for the celebration in exchange for special access. What is Obama saying. Well, I do understand where you are coming from, you lost your election.

I lost nothing. Thanks to the system I am well off. I see it as the heights of political hypocritical pandering.

[Informed Thinker]

Beyond the rhetoric Obama has done wonders for the wealth of the wealthy and really has protected higher income people from really having their taxes raised. Only a person of his rhetoric could get away with what he has done. He has overseen one of the greatest rise in personal wealth by the top 20% in human history. You only needed to be in the game.

[buzzthefuzz]

Read this very slowly"Planners of President Barack Obama's second inauguration are soliciting high-dollar contributions up to $1 million to help pay for the celebration in exchange for special access."

inaugurations are not funded by tax payers. So, why do you care were the money comes from, YB? Just think, $400,000,000.00 and Romney still lost.

It is ironic that he turns to the same people that he vilified. Why not pay for his own party. He wants everyone else to pay their fair share.

Ask the steelworkers who just lost their jobs or the one who committed suicide if they would like to party.

You think you would get a chance to go. I think not unless you are part of the one percent.

Just like his job czar Jeff who sent a great dead of GE's jobs overseas and paid no income takes.

Why should I complain the D's made me a very well off man.

[Informed Thinker]

http://www.cnbc.com/id/49726054/Obam...hiest_Counties

In an election that often focused on debates about class warfare, President Barack Obama was favored over multimillionaire businessman Mitt Romney in eight of the nation's 10 wealthiest counties.

And his margin of victory in all eight counties was greater than that of the national vote, in which Obama was leading by 50 percent to 48 percent with 97 percent of precincts reporting.

http://www.forbes.com/sites/econosta...romney-voters/

http://gizmodo.com/5959101/the-effec...ntial-election

Obama won all ten of the best educated states as indentified by Fox news and Romney won nine of the ten least educated states.

These are—according to Fox Business data—the best and worst educated states in the United States of America, ordered by percentage of residents 25 or older with at least a bachelor's degree in 2011. The table also shows how those states voted. Can you see any pattern?

[buzzthefuzz]

Informed Thinker, I did not like Romney either. I'm just saying that it seems that the president is saying one thing and doing another. To me that does not say much for ones principles.

This has nothing to do with the election and who won. It has to do with the stand the president took against the one percent and how he vilified their aspect of wealth and is now taking advantage of it.

It's like being against guns and the VP has one, or as they say the "pot calling the kettle black.

His job czar is another case in point. Jeff and GE are egregious offenders of the presidents policy and yet he maintains close ties with the man and his company.

I'm speaking more on character than votes. The president pounded on Romney being rich and now he is seeking the aid of the same class.

[musicmd]

I lost nothing. Thanks to the system I am well off. I see it as the heights of political hypocritical pandering.

Thought you ran for some election?

[musicmd]

It is ironic that he turns to the same people that he vilified. Why not pay for his own party. He wants everyone else to pay their fair share.

Ask the steelworkers who just lost their jobs or the one who committed suicide if they would like to party.

You think you would get a chance to go. I think not unless you are part of the one percent.

Just like his job czar Jeff who sent a great dead of GE's jobs overseas and paid no income takes.

Why should I complain the D's made me a very well off man.

steelworker's jobs started dying under Regan, you liar. Mr. good ole boy.

[Marshan Man]

It is ironic that he turns to the same people that he vilified. Why not pay for his own party. He wants everyone else to pay their fair share.

Ask the steelworkers who just lost their jobs or the one who committed suicide if they would like to party.

You think you would get a chance to go. I think not unless you are part of the one percent.

Just like his job czar Jeff who sent a great dead of GE's jobs overseas and paid no income takes.

Why should I complain the D's made me a very well off man.

Who did Obama villify? Certainly not the rich..he often referred to himself when talking about raising taxes on the wealthey... he's often say "people like me who do not a tax cut and aren't asking for one..." your grasp on reality seems weak.

[uche]

I lost nothing. Thanks to the system I am well off. I see it as the heights of political hypocritical pandering.

The problem with the rabid Obama supporters is they willfully ignore the total picture and concentrate on the few things he did that can support their support for him. And right, he did not so much vilify the rich, he knows who his idols are - wall street, etc. The rabid Obama supporters do not care so much what he has done (like the 2012 defense auth act that gives the military the right to lock up even the rabid Obama supporters themselves while standing on American soil) or the 100% on the dollar bail out for the wall street banks and gambling firms, er investment firms, that nearly destroyed this economy while telling the home owners who lost big and were even cheated, nothing. SO i understand the rabid Obama supporters narrow minded, singular vision support of him, I just wish those people who also see themselves as intelligent would begin to think in an intelligent way and review all of Obama's actions and weigh them.

[Informed Thinker]

Informed Thinker, I did not like Romney either. I'm just saying that it seems that the president is saying one thing and doing another. To me that does not say much for ones principles.

This has nothing to do with the election and who won. It has to do with the stand the president took against the one percent and how he vilified their aspect of wealth and is now taking advantage of it.

It's like being against guns and the VP has one, or as they say the "pot calling the kettle black.

His job czar is another case in point. Jeff and GE are egregious offenders of the presidents policy and yet he maintains close ties with the man and his company.

I'm speaking more on character than votes. The president pounded on Romney being rich and now he is seeking the aid of the same class.

The reason I posted the links I did is because upper income earners voted for Obama over Romney. Even the carry trade is still there and Hedge fund managers are rolling in their dough still. Cap gains went to 20% for those over the threshold and that is what short term alread was. Obama is like Nixon and Reagan. Nixon and Reagan talked a hard line but opened the door to China as being the first and second American Presidents to visit there. Obama is a Democrat and can only support the acquisition of wealth by singing a different song. The wealthy are far better off than they would have been with Romney and a Democratic Senate. Obama raised the money he did with wealthy donors and now they are helping to fund the inaugauration. Which is basically done with private funds for the private events. The last four years have been very profitable and 2012 was a very good year for investments and this year has started off well so folks are smiling. I don't think Obama pounded on Romney for being rich I think the issue was how much he did and or didn't pay in taxes and Romney didn't respond very well.

[uche]

6. Obama is soliciting big corporate dollars this time
In 2009, the Obama inauguration team accepted only contributions of up to $50,000 from individuals to finance the balls and other inaugural festivities. This year, not so much: The inauguration team is selling four packages to both corporations and individuals, with the top-tier package (named after George Washington) going for $250,000 (individuals) and $1 million (corporations). The lowest-tier Madison package sells for $10,000 (individuals) and $100,000 (corporations). "The fact that a president is seeking donations to fund some inaugural festivities would not be such a big deal, if Team Obama had not specifically made it such a big deal" in his first inauguration, says Erika Johnsen at Hot Air. Now it just looks like "the spirit of Hopenchange" is officially dead.

[Informed Thinker]

This thread has taken the typical turn when politics and especially Obama are being discussed. There were points that didn't make it to mainstream discussions as the media on both sides protected their bank accounts. Understand that even now after the most recent tax increase a couple with 450K in dividend or long term capital gains will still be paying 15% in taxes on that amount while folks with earned income will be paying 20% or more in many income brackets. How much are the posters in this forum paying and how much are the wealthy contributing to Obama paying? I know. The following is a good read that I wonder how many folks have actually put it into a personal perspective.

http://www.cbsnews.com/8301-505146_1...t-you-in-2013/

The wealthy are not making there money going to work they are making it via investments and their tax rates are probably lower than most folks. Imagine the retired couple not working and living off of 450K or less a year in capital gains or dividend income will be paying at a lower tax rate(15% unless short term capital gains) then many posters in this and other discussions. They know where and how their bread got buttered. Watch Romney go back to Bain in some capacity and take advantage of the carried interest for folks like those at Bain Capital and other eligible investment firms. They will still be paying 15-20% on millions of income as there has been no change. So yeah they might be happy Obama and his rhetoric provided him cover to leave them alone. So Mitch who earned about 31% of his wealth is still golden and kicked back chilling knowing Obama did what there would have been a major out cry from the left and others if had won and done the same thing. There is a reason progressives aren't happy with the fiscal cliff deal.

[Informed Thinker]

Yes Obama took care of his buds on Wall Street once again.
http://www.forbes.com/sites/nathanva...equity-moguls/

The survival of the carried-interest tax break created by high-paid lawyers for some of the richest Americans is ironic given that President Barack Obama’s announced goal in the fiscal cliff negotiations was to tax the richest Americans more. Now, there will be some rich lawyers and dentists who are paying higher taxes while the far richer hedge fund and private equity moguls the lawyers and dentists work for will experience less of a tax hit. Nobody will cry for the hip surgeon who is being taxed more, but there are no hip surgeons on the Forbes 400 list of richest Americans. There are, however, 31 hedge fund managers on the Forbes 400, representing 8% of the nation’s wealthiest individuals.