A post by Pat
Obama was talking about pie again the other day.
When Mr Obama takes the stage, he carefully rebuts Mr McCain’s latest charges against him, arguing that Colin Powell and Warren Buffet wouldn’t endorse a socialist. […] “Everyone here wants some pie. We want to grow the pie, and then get a piece of the pie.†The crowd screams back, “I want pie! I want pie!â€
That reminded me of something Michelle said back in April.
(The original Charlotte Observer article is no longer available online.)
Most Americans, she said, don’t want much.
“They don’t want the whole pie,” she told the women. “There are some who do, but most Americans feel blessed just being able to thrive a little bit. But that is becoming even more out of reach.”…
“If we don’t wake up as a nation with a new kind of leadership…for how we want this country to work, then we won’t get universal health care,” she said.
“The truth is, in order to get things like universal health care and a revamped education system, then someone is going to have to give up a piece of their pie so that someone else can have more.”
Is America going to be taken over by a bunch of brats screaming “I want pie!, I want pie!â€. You want pie? The heirs of “Give me liberty or give me death!†are going to toss one in your face on Tuesday.
UPDATE*** Here’s a video of the pie babies.
Okay, why are my testing posts getting through, but my actual posts with POINTS ABOUT THE BLOG not getting through!
[This is Jim, the webmaster. You are a Trusted commenter so your posts automatically post. In the future, if you have a question about the blog please email me at [email protected] As to why your other posts haven;t “gotten thru” the problem must be on your end, because it’s not here.]
“Let them eat pie.”
b.o. antwanet
I obviously missed these statements by Michelle. Absolutely nauseating. The mental picture you create of “brats screaming for more pie” is soooo scary and so true!
I have been lurking a long time but i felt the need to finally jump in at this one. Tammy–you’ve got a great bunch of people here.I cetainly am not as witty, but am glad to be a part of it. And, as little time as i have these days, i always check in for my daily “Tammy Fix.” Luv ya!
Have we degenerated into a nation of children, squabbling to get our fingers into the other guy’s pie, and running to mommy because it isn’t fair? In the name of high ideals, these wicked people are appealing to the ugly urges of humanity, jealousy and covetousness. They drag us down into their sewer and proclaim it a glorious crusade.
Pat, absolutely genius, perfect imagery and connecting of the Pie Dots.! ROTFLMAO!!!!
Obama’s Minuscule Charity Contributions
by Hank Adler
Senator Obama’s tax returns are pretty interesting. In comparing his 2007 tax return to previous years, other than a very significant increase in income, the major change is that Senator Obama has found a pretty good tax planner. Senator Obama has implemented several tax strategies that have reduced his 2007 Federal income taxes and if he continues with this planning, he and his family will save millions over the next couple of decades. Every step of the Obama tax plan appears to be 100% legal. It is well documented that between 2001 and 2004, the only noteworthy items in the Obama tax returns were that (a) their charitable contributions were negligible (less than $8400 with earned income of over $981,000) and (b) they amassed literally no savings over the four year period reporting a total of only $33 of interest income with earned income of over $981,000.
It is also well documented that in 2005 and 2006, the only noteworthy items in the Obama tax returns were that (a) their charitable contributions rose to 3.5% ($92,867)of their adjusted gross income which now included book proceeds and amounted to $2.6M, (b) they continued to amass virtually no savings with total interest and dividend income in 2006 amounting to $5700 while earnings exceeded $1.6M in 2006 and $991K in 2007 and (c) following Senator Obama’s election to the United States Senate, they reported an almost tripling of Mrs. Obama’s salary from the University of Chicago Hospitals to $316,962 and her new Boards of Directors’ fees of $45,000.
In 2007, Senator Obama gave $240,000 of his gross income of $4.2M to charity (5.7%). In 2007, Senator Obama began to orchestrate his new tax plan. He implemented three important tax planning ideas: (a) Senator Obama initiated a Simplified Employee Pension (SEP) allowing him to contribute and deduct a $45,000 payment to a new personal retirement plan, a plan which will augment his governmental pensions and Mrs. Obama’s pension from University of Chicago Hospitals, (b) Senator Obama placed virtually his entire after-tax book proceeds into tax-free municipal bonds which produced non-taxable income of $45,000 and provided insulation against the recent stock market implosion and (c) Senator Obama created tax-free College Savings Plans for each daughter with a total funding of $240,000. (Senator Obama’s disclosure statements show these contributions to be between $200,000 and $500,000, but as no gift tax forms were filed, it is a professionally educated guess that these contributions were $120,000 for each child.) These plans will allow the Obama children to earn investment income without ever paying Federal income taxes if the funds are used for education.
Each of these tax planning steps would be recommended to Senator Obama by any competent tax advisor. While these opportunities are obviously available to anyone, only wealthy taxpayers have the funds necessary to implement such planning.
Tax savings – SEP: Federal tax savings in 2007 approximated $15,300. Assuming that Senator Obama’s book fees continue or he has other sources of income, by age seventy, with a six percent annual return, this retirement plan should have just short of $2 million of untaxed earnings and interest.
Tax Savings – College Funds: Federal tax savings in 2007 were none. Future tax savings will be significant. The $240,000 invested in these funds will create non-taxable income during the lives of the funds and annually and permanently save the Obamas about $6000 of Federal income taxes.
Tax Savings – Tax Exempt Income: Federal income tax saving in 2007 of approximately $15,000. The long term tax savings that could result from this strategy are very significant. If the amount stays at $45,000 of tax-free income, the annual savings will remain, at current tax rates, about $15,000 and through the Senator’s seventieth birthday, with reinvestment at the same tax-free rates, the Senator would have almost $2.8M with untaxed earnings of about $1.9M. ——— If he should continue the strategy with additional investment in tax-free securities, he could amass millions of dollars of income which would not be subject to Federal income tax.
Is the Senator’s tax and investment plan a good one? I think so.
Whether his tax plan to significantly reduce his Federal income taxes and maximize his family wealth comports with his stated political position to use the Internal Revenue Code to “spread the wealthâ€, I leave that to the reader.
Here’s a little story that’s going around the net:
“Yes, PeCan!” Sorry, couldn’t resist.
[Ron: LOL!!! –Pat]
It seems to me that the good Senator should start the ball rolling by donating everything he has over minimum wage to charity including his mansion. If he’s going to talk the talk let him start walking the walk. The same goes for Reid and Pelosi put up or shut up.
First they come with free pies, then they run out of bakers, then they run out of pies … and come back with censorship … and then they run out of patience … and come back with coercion … and then coercion doesn’t work, they come back with gulags … and when that fails, then assassinations.
It’s all in Ayers hate filled rant of a book.
Because Socialism never works.
I am cracking up right now at your “The heirs of ‘Give me liberty or give me death!’ are going to toss one in your face on Tuesday! Ha! I love it. That was too funny.
On a more serious note, that “I want pie” crowd is a reflection of the Messiah. Screaming babies is right! Jeez! They’re horrible.
As far as Michelle goes – she’s wicked! Everything she has ever said stems from hatred and anger and victimhood. A true Lefty through and through.
I worked hard for this pie. get your own damn pie. Stop talking my pie off the windowsill.
“The truth is, in order to get things like universal health care and a revamped education system, then someone is going to have to give up a piece of their pie so that someone else can have more.”
So, according to this crowd, if you’ve earned a piece of the pie – ‘earned’ – then you should be just as happy with crumbs.