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10-07-2008, 07:47 PM #1
McCain is wiping the floor with Obama tonite
Never thought I'd see it...Obama is doing his typical dance, and while not exactly eloquent, McCain is clearly winning.
He has some unique, concrete ideas that sound plausible, but unfortunately I think Palin is his undoing.
Que sera!
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10-07-2008, 07:53 PM #2
yeah Obama is dead wrong when he says only a small percentage of small businesses make more than 250k a year. Anyn who thinks about that for more than half a second should know better than that
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10-07-2008, 08:05 PM #3
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10-07-2008, 08:08 PM #4
^^ Grosses or Nets?
And like Daem said, i think McCain shot himself in the foot with Palin...
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10-07-2008, 08:09 PM #5
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10-07-2008, 08:10 PM #6Anabolic Member
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In comparision to the number of business? I think it's a small percent.
There are millions of business' that are just so small you don't see them. A lot of larger businesses even operate on a small percentage of profit like 5-10%. They would require 25,000,000 in sales to do that.
I'm not sure if my numbers are 100% accurate but a crazy amount of the business' in america are sole propriorships, somthing like 80% or more. A very very small fraction of those business' are going to do over 25 million in sales anually. Some may have higher profit margins, but they are going to have lower sales.
A lot of people don't even realize that a great number of business' right now are surviving off large unsecure lines of credit that banks give them (like our over draft protection) for day to day operations and to "float" them though until they collect on their accounts recivable.
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10-07-2008, 08:11 PM #7
Yeah he said that and biden said it the other night too. It's just completely false. If a small business made exactly 250000 and had 10 employees that'd only be 25,000 per employee and that doesn't take in to account the owner or owners salary or cost of supplies. So I'd like to know obamas definition of small business
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10-07-2008, 08:16 PM #8Anabolic Member
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10-07-2008, 08:16 PM #9
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10-07-2008, 08:17 PM #10Anabolic Member
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10-07-2008, 08:20 PM #11
w/e, i'm casting for barack just for new leadership and for nothing else, tired of republicans for the moment
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10-07-2008, 08:20 PM #12
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10-07-2008, 08:21 PM #13
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10-07-2008, 08:24 PM #15Junior Member
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Obama trys to make his tax plan seem like it will not effect the middle class. With the increased taxes on businesses there is going to be a loose of jobs. Also, who do you think is going to pay the extra taxes? Not the businesses. They are going to raise their prices and in turn we are going to be paying the taxes.
VOTE McCAIN
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10-07-2008, 08:25 PM #16Anabolic Member
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Just about any franchised restaraunt that is independantly owned would be an example.
Grocery stores operated on a profit margin of about that.
Most hospitals are actually non profit.
Home Depot and Walmart both operate on smaller margins, but have much higher sales so they would be over the 250k mark.
I think you have the wrong idea of what "company" profit is. We are not talking about what the owners income is. We are taking about what is left after all the bills are paid....including the owner.
I've always found it amazing too the amount of people that just assume because you walk into a large business, that they must just be rolling in the doe. They have to give you that impression or you might think they are not a legitamiate business.
That building is not profit, those big windows in the front, not profit, all the merchindise on the shelf...that's not profit either. After paying for inventory cost, insurances, taxes, property taxes, wages, accounting fees, gas, company cars, a a million other things you just took a 25 million dollar business and made 250k, if you make a profit at all and are not just floating off a line of credit.
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10-07-2008, 08:25 PM #17
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10-07-2008, 08:26 PM #18
dude im saying a business grosses 250,000 exactly and has to pay 10 employees....i was just showing an example with simple math so ppl with insufficient intelligence could see how ridiculous it is to say that most "small" businesses don't bring in 250k/yr. If u wanna bring in workmans comp and all the other expenses than its even more ridiculous to say a small business doesn't bring that amount in.
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10-07-2008, 08:26 PM #19
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10-07-2008, 08:26 PM #20
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10-07-2008, 08:27 PM #21
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10-07-2008, 08:27 PM #22Anabolic Member
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We don't need to tax any business'
Property values are so inflated from people re-financing to take care of 20k in credit card debt, a new car and the kids college the property tax is high enough to support the goverment for awhile. Good luck trying to extract that equidy america, and now you are not paying intrest, you are paying property taxes and intrest on your credit card debt.
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10-07-2008, 08:28 PM #23
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10-07-2008, 08:28 PM #24Anabolic Member
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10-07-2008, 08:32 PM #25Junior Member
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Just like the two above stated the democrats control the congress. Also, how are you going to put someone in office that has voted PRESENT 120 times on congress bills. Obama voted present more than any other person in the time he was in office. If he cant decide yes or no 120 different times then how is he capable to be the President of the United States.
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10-07-2008, 08:33 PM #26Anabolic Member
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I don't even care about the taxes, I think taxes are fine.
One thing you learn is business it is it WAY easier to cut expense than it is to INCREASE sales (taxes).
Do we really need to spend 689 billion a year to fund our military? Are we in danger of being invaded? We simply cannot afford to defend the rest of the world anymore. I don't care if the reason is good, or bad, we can't afford it.
If I can't afford to get some import beer, I just get some Busch. A red neck can look at the books and tell we can't afford to have that kind of military budget.
Put some of that money into the economy, the economy is way more important than our miliatary, it's dependant on it.
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10-07-2008, 08:36 PM #28
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they r both d bags.
it comes down to the bitch....yep, Palin.
Obama takes the cake.
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10-07-2008, 08:45 PM #30
I guess I know nothing...The pundits stated something like "This is the best example of a tie we've seen" or something along that line.
They are making a huge deal about the "That one" comment, implying it has all kinds of undertones and meaning.
Seriously?
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10-07-2008, 08:46 PM #31
yeah McCain blew it when he picked her....shes not the brightest
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I also see Obama staying behind and talking with people still there. And McCain took off.
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10-07-2008, 08:53 PM #33
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10-07-2008, 08:56 PM #35
sadly, this isn't entirely correct, but it does lead to another fallacy. THE ECONOMIC CRISIS! when there isn't enough tax money to pay for their spending what happens??? they create money out of thin air. and that is what's happening now. inflation. we need to cut spending and settle congress down for a while. sure times may be hard on some, but it is necessary for long-term sustainability and growth.
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10-07-2008, 09:19 PM #36Junior Member
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Economics?
Okay, lets talk about Obama when it comes to his plans on the Economic Crisis. Obama stated that his economic bill will help America! LIAR LIAR LIAR LIAR MASSIVE HORRID LIAR!! First Mr. Obama your 111 points were combined into a package which you are still trying to sell to the American People! Secondly, Mr. Obama, your bill was defeated by 99-0! In fact, Mr. Obama, you voted against your own Economic Bill because even you knew it was stupid and would not work!!!!!! This is the by Far the most single reason not to vote for Obama!!!!
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According to CNN polls. the debate and the issues, Obama won on everything except dealing with terrorist,lost by about 4 %.
The biggest margin was in the economic issues, which was a double digit margin. And voted as number 1 issue.
McCain better get his shit together quick.
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more clear in the debate?
60 to 30 obama
more likable
65 to 28 obama
stronger leader
54 to 43 obama
those r percentages btw...
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10-07-2008, 09:29 PM #39
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