Millionaire communities for Obama

The president is campaigning for re-election on a platform that calls for tax increases on the wealthiest Americans, many of whom nonetheless support his candidacy.

 of 12
 of 12

VIDEO ON MSN MONEY

724Comments
Jul 20, 2012 10:58AM
avatar
If Warren Buffett and his fellow Obama supporters want to pay more income tax into the US Treasury, I am absolutely certain that current tax law would permit them to just write a check for any amount they choose over and above what they owe.  Why does Warren Buffett have to make me pay more taxes to facilitate his paying more taxes?  I guess it is true that liberals are only happy when they are spending someone else's money.
Jul 20, 2012 5:01AM
avatar

Obama is the road to failure for America...I agree with tornado647..He or she hit the mark of truth. Many people on this site have seem Obama as a joke. He has lied and will sell his soul to get back in, so he can really raise havoc. It would not surprise me if he did not try to sell America to China....We need to send Obama packing and take back America. We need to start with telling the companies that have their goods made in China to bring those jobs home or else. We can stop this mess by taxing everything from China so much that it would be fruitless to do business there. I just heard the Chinese are going to start repairing a bridge here in America. I want to vomit. Where the hell is Congress or is the whole bunch of them in on the destruction of America.....

Now they are talking about taking away our guns...I am am sure the liberals would love that......

Jul 19, 2012 10:30PM
avatar

Notice how all these new taxes are really aimed at the people who try to excel

in life. They use the faces of billionaires or corporations such as Microsoft

but in reality a corporation for small businesses are made of 2-3 people

which are the vast majority of those who provide jobs for people while

trying to make a living. 250k is nothing in a business when inventory

wages, and other expenses are all including in that magical number. Obama

has a lifetime on the public dole now so what does it matter to him who

he hurts, all the rich Demo's will be unaffected by his proposed tax increases

but we will.. Take all the money from all the billionaires, millionaires and

run the current government for maybe two months... He is a dangerous

fraud..

Jul 20, 2012 3:58AM
avatar

The following are 12 statistics about money and Congress that are so outrageous that it is hard to believe that they are actually true....

#1 The collective net worth of all of the members of Congress increased by 25 percent between 2008 and 2010.

#2 The collective net worth of all of the members of Congress is now slightly over 2 billion dollars.  That is "billion" with a "b".

#3 This happened during a time when the net worth of most American households was declining rapidly.  According to the Federal Reserve, the collective net worth of all American households decreased by 23 percent between 2007 and 2009.

#4 The average net worth for a member of Congress is now approximately 3.8 million dollars.

#5 The net worth of House Minority Leader Nancy Pelosi increased by 62 percent from 2009 to 2010.  In 2009 it was reported that she had a net worth of 21.7 million dollars, and in 2010 it was reported that she had a net worth of 35.2 million dollars.

#6 The top Republican in the Senate, Mitch McConnell, saw his wealth grow by 29 percent from 2009 to 2010.  He is now worth approximately 9.8 million dollars.

#7 More than 50 percent of the members of the U.S. Congress are millionaires.

#8 In 2008, the average cost of winning a seat in the House of Representatives was $1.1 million and the average cost of winning a seat in the U.S. Senate was $6.5 million.  Spending on political campaigns has gotten way out of control.

#9 Insider trading is perfectly legal for members of the U.S. Congress - and they refuse to pass a law that would change that.

#10 The percentage of millionaires in Congress is more than 50 times higher than the percentage of millionaires in the general population.

#11 U.S. Representative Darrell Issa is worth approximately 220 million dollars.  His wealth grew by approximately 37 percent from 2009 to 2010.

#12 The wealthiest member of Congress, U.S. Representative Michael McCaul, is worth approximately 294 million dollars.

If you don’t think something’s wrong with this picture you are blind!

Jul 20, 2012 9:47AM
avatar

Those who think that Obama and his camp have been doing a great job these last four years that they don't want to change things is no better than the idiots who retained Chaney/Bush for their other four years. Is it pride? Is it fear of losing face?  Let's get honest with each other. We are the working class and the middle class who are losing all that we have and our families have worked hard for. Obama has been so transparent lately that he should be called Mr. Cellofane.  He needs to keep the Mexican borders open for latino votes and gun sales (google Opperation Fast and Furious) and has become very upset when one of the states that has taken a stand because it has been they who have been suffering.  The Democrats are not uncomfortable with the idea of voters not having to show their US/ state legal identification cards so that non-residents can vote for them and enter freely into the country utilizing this countries tax paid resources. Obama thinks he is clever by telling people that the National Health Care System won't involve raising any taxes. Truth be told he wants to increase the size of the IRS so that more agents can make certain that not a single dime get's through their fingers. The IRS will then be able to review all Americans last seven years of tax returns. A small error could become huge with interest and late fees for any one of us.  Last minute gay marriage appoval even though he was in opposition to it before just to get the gay vote.  Obama wants a big bully governement to take our lunch and milk money. He wants Americans to accept mediocrity. He is fine that we are no longer the wealthiest country in America.

I do not know why the wealthiest are supportive of paying more in taxes but I have no doubt that it's all smoke in mirrors. Just like Palozzi said about the healthcare bill "If you want to know what is in it you have to vote for it first." Sorry my faith is in God, not the governement.

 

Jul 19, 2012 8:14PM
avatar
If you can't understand all the backroom deals that Obama has going on with these wealthy folks than you are more naive than my 9 year old niece!! Seriously, you don't think they are contributing money to his campaign because they think he's a "great guy!" Obama is one of the sneakiest, scam artists that this country has ever had in the Whitehouse. How can you trust a guy that is so obvious about all his deals, his lies, his unkept promises!! It is typical Chicago politics. He is a snake oil salesman. And if you haven't figured it out by now .... shame on you!
Jul 20, 2012 12:37PM
avatar
Perhaps one of the not-so-rightwingers would answer this: Since this administration took over food stamp handouts have increased by 72% and 8.7 million more people have been added to disability (a terrible and horrific burden on the social security system).  There have been no jobs created by this administration at all, except for the new government employees he has hired. He has failed to protect our borders to enable illegals to come and go as they please and is attempting to prevent states from asking for picture ID at the polls so that the illegals can finagle a way to vote. He has added trillions to our debt, outsourced more jobs, makes backroom deals with his cronies, such as Solyndra, et al, and the health care law is a joke.  He lies at every turn, thinks of himself as a celebrity instead of a president, is campaigning in a Canadian made bus, and has recently made claims that businesses created by Americans in this country really didn't create the business at all. The government did.  My question: Can you tell us one good thing this man has done.....just one....that is for all Americans and not just for the unions, the illegals, and the welfare mongers?  Just one!!
Jul 20, 2012 10:52AM
avatar

Obama's supporters are mostly in LA .... la la land!! He has the backing of the heroin crowd in Hollywood. That's almost embarassing to know that the people in Hollywood, who are living on another planet, are the people that think Obama is a worthwhile Pres. What a joke!!

 

Obama belongs with his "peeps" in LA. He sure doesn't belong in Washington!!

Jul 20, 2012 9:38AM
avatar
Love the picture of Obama that MSN shows.  Making him look like a rock star being adored by his fans.  Typical liberal bias, if it was Romney it be with half an eye closed or with some surprised look on his face.  Oh it's all so blatant.      
Jul 19, 2012 10:20PM
avatar

I didn't think Obama liked the rich. Why would he be around them, isn't he for the little guy????? The standard political crap. Two faced and a professional liar. Obama is the typical "it's only wrong if you do it". If I do it, it's for for the good of the people.

Jul 19, 2012 9:27PM
avatar
The Democrats all cry foul because Romney is one of the supposed 'fat cats'. Well our fearful (oops, I mean fearless, sorry) leader wouldn't be where he is today if it wasn't for his 1% constituents. Hypocricy abounds.
Jul 20, 2012 12:02AM
avatar
The way I see it, the only people that will really suffer, if they re-elect obama, is the very people that are still buying into his lies. How short they're memories are when it comes to all his promises he made to them in the last election. Go  ahead dreamers. Vote for him again and suffer for 4 more years of excuses (out of the oval office.) Don't people stop and realize that this yayhoo has absolutely no experience in business. He hasn't a clue. Our economy is what we need to address....now, not later...because, simply....there might not be a later for our country. Obama's theme was "yes we can!" I ask the same question now as I did before the "anti-christ" won in the last election.....YES WE CAN.......WHAT?
Jul 20, 2012 10:19AM
avatar

Why would anyone vote for a man that knows nothing about running a country.

WAKE UP, Look around what do you see, We are in more debt now then we ever have been. Where do you obama voters live. Let me guess. You have not lost your job,Or your home,Some have lost their familys,How can you think obama has done anything. But tear our country apart.

50 million people on foodstamps,TRILLIONS IN DEBT AND COUNTING,

Unemployment the worst in 50 years,Empty houses ever where you look.

Familys have got to live togeather, 8 people in one house, Because they lost everything.

YES 4 MORE YEARS OF OBAMA, JUST WHAT WE NEED, TO FINISH OFF OUR COUNTRY,

If he gets in again were done, And you people that voted for him will be the first to start crying when the **** hits the fan

Jul 19, 2012 8:00PM
avatar

If the ultra rich want to contribute more, why don't they JUST DO IT!! ... to quote Nike!  They are always free to contribute as much as they like!  So why, instead of trying to push tax law, don't they "just do it"!?

Obviously, there is another "agenda" here....Or they would just simply contribute more!...  right?  GET A CLUE, Americans.... he's not saying this to try to save YOUR ****.....to try to benefit America...  There is always an agenda.... because HE always has the "freedom" to "contribute" as much as he wants to....

Jul 20, 2012 9:59AM
avatar

why, why should they pay a higher rate. why can't we get some folks in here that will go back to believing the best entitlement plan or program is a job and quick handing out trillions to folks that do nothing at all.

throwing good money after bad. folks we all pay in more than enough. we have idiots running the country not managing our dollars.

Jul 20, 2012 12:13AM
avatar
If they are so concerned... write a check to the US treasury.  It takes donations.  And why is warren beffet fighting the IRS in court if he is so willing to pay more?
Jul 19, 2012 11:03PM
avatar
Obama and the Buffet rule is a joke  Obama loaned 20 billion to Buffet for G E to save jobs well they went to China the majority of new jobs plus old jobs now G E planes to move it X-ray devision to Mylamar it's all smoke to cover up all the out sourcing of jobs that Obama's adminastration is doing Obama is a globel economist produce jobs overseas to save the world economy and make america a third world country  500 million plus to sylyndra to go bankrupt they gave a 40,000 dollar donation to Obama's champaign  50 million to firsker cars a finland company they donated 70,000 dollars to Obama's champaign no jobs created  I asked for a loan of 50 million to put 100,000 people to work I didn't  donate to hus champaign and was told it was not in the best economic interest of amaerica I need donations to put people to work 25 million will get things moving with in 3 months for 50,000 people call 309-798-3061 if you want to hear how thank you
Jul 19, 2012 7:58PM
avatar
Where do Rich Dems live? In la-la land, right next to the clown they support. If they want to pay more to support the country, let em. Nobody here stopping them. Me, I struggle to pay the taxes I have now.
Jul 19, 2012 8:24PM
avatar
These are the stereotypical commies. Let someone else take it on the chin while they associate themselves with someone that will protect their investment in whatever the heck it is that they are working on with Obama.

All these clowns are getting something from Obama, otherwise they would not so happy promoting tax laws, and I can guarantee all of you that Buffet will not be writing any checks anytime soon to donate to the deficit.

Obama is as corrupt as all of these rich people.

If this guy gets re-elected i hope that God sees it fit to have mercy on all of us.
Jul 20, 2012 9:18AM
avatar
New York and California.  No suprise here.
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

RECENT QUOTES

Watchlist

Symbol
Last
Change
Shares
Quotes delayed at least 15 min
Sponsored by:

MARKET UPDATE

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
Market index data delayed by 15 minutes

[BRIEFING.COM] The stock market began the last week of July on a quiet note with the S&P 500 ending less than a point above its flat line. Like the benchmark index, the Dow Jones Industrial Average (+0.1%) also posted a slim gain, while the Russell 2000 (-0.5%) and Nasdaq Composite (-0.1%) lagged throughout the session.

The major averages were awakened from their weekend slumber with an opening retreat that pressured the S&P 500 below its 20-day moving average (1975). Even though ... More


Currencies

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.