An Urgent Message from The National Republican Trust PAC


The following is from The National Republican Trust PAC:

Never before in the history of our nation have we faced such a grave crisis: one of the most radical political figures ever to be nominated by a major party is just minutes away from becoming President of the United States .

That man is Barack Obama.

He promises to change America forever. If elected, he will do just that - but in ways
you may not like.

Remember Obama is the most liberal member of the United States Senate.
He received a 100 percent Liberal Rating from the National Journal, making him the most left-wing Senator in Washington - more liberal than even Democratic senators like Ted Kennedy.

If you look at Obama's record, you will understand just how dangerous this man is.

He even has terrorist friends he won't denounce. One such man is William Ayers, a leader in the radical terrorist group the Weatherman Underground. The group bombed several government buildings, including the Pentagon, killing civilians and police officers.

In 2001, Ayers said he had no regrets for his actions and wished he could have done more.

The ties between Obama and Ayers are tight. Both served on two non profit boards and they worked closely together. Ayers even hosted a political event at his home for Obama.

Obama has acknowledged he is a friend of Ayers and defends his association by saying he, Obama, was only 8 years old at the time of the Pentagon bombing.

However, Obama has no explanation as to why he is still a friend of Ayers.

Obama has even been endorsed by radicals such as Nation of Islam Leader Louis Farrakhan.

No one can deny hearing about Obama's relationship with the America-hating Rev. Jeremiah Wright.

There should be little doubt that William Ayers and Louis Farrakhan and the Rev. Jeremiah Wright are rooting for Obama - because he is one of them.

In keeping with such friends, Obama has promised to meet with radical leaders like Iranian President Mahmoud Ahmadinejad without "preconditions" even though Ahmadinejad has promised to "wipe Israel off the map" and "destroy" America .

Even radical Hamas terrorists have praised him.

"We like Mr. Obama and we hope he will win the election," Ahmed Yousef, senior Hamas leader was quoted by ABC radio as saying.

Help the National Republican Trust PAC tell the truth about Obama - Go Here Now

___________________


Dangerous Economic Plan
And then there are Obama's dangerous economic plans for America .

He wants to almost double the capital gains tax. He wants to strip the FICA tax cap off every worker making more than $97,500. He wants to increase the dividend tax. He wants to let the Bush tax cuts expire - giving almost every American family an automatic tax increase.

He has called for more than $800 billion in new spending programs.

He is so radical he even backed driver's licenses for illegal aliens - even though such a move would help future terrorists move freely in the United States .

He is the most pro-abortion candidate in the history of the country. In 2001, as a state legislator in Illinois , he opposed a bill to protect live born children - children actually born alive! He was the only Illinois senator to speak out against the bill.

He opposes gun rights. He has long history of trying to deny ordinary citizens access to guns.

He originally backed Washington D.C. 's total ban on private handguns - a ban that was overturned. The NRA rated him an "F" on gun positions and says he is one of the most dangerous anti-gun politicians in the nation.

Never forget that Obama is a Harvard educated elitist. To him we Americans are simply "bitter" and he has mocked us saying "[they] cling to their guns and their religion."

Support the National Republican Trust PAC's Campaign to Expose Obama - Go Here Now
_________________

Exposing the Truth

Hillary Clinton was late in recognizing the threat Obama posed to her campaign, but once she did, her strategy worked.

When Hillary exposed Obama publicly, her campaign saw a major turnaround.

Hillary won every major state primary in the nation with the sole exception of Obama's home state of Illinois .

And even though Obama was "anointed" by the media and Democratic elites, Hillary went on to win eight of the last 10 Democratic primaries.

How did Obama beat Hillary for the nomination?

Well, using a loophole in Democratic rules, he was able to rack up large majorities in caucus states where he outspent and out organized her.

But in large, contested states she won almost every time. Why? Because when Democrats heard what Obama really stood for, they turned on him.

Make no mistake about it: If we let Americans know the truth about Obama, John McCain can win this election!

But we must employ Hillary Clinton's strategy.

We must expose Obama for the dangerous radical he is.

34 comments:

Anonymous said...

Hateful, fear-mongering, divisive rhetoric is exactly what this Nation does NOT need at this time in history. Yet, the current Republican Party and its neo-con captors insist on spewing exactly the WRONG message & vision.
If TRUE Conservatives reclaimed their rightful place within this great Party, and if they shared the TRUE Conservative message (and followed through with implementing those goals), the Republican Party would not be wallowing in the mud bogs in which it now finds itself!
I implore TRUE Conservatives to reject the shameful, hate-filled, UN-AMERICAN rhetoric of the neo-cons who have destroyed our Party and to STAND UP FOR THE TRUE CONSERVATIVE VALUES & PRINCIPLES WHICH ONCE BROUGHT US PRIDE & VICTORY!

Anonymous said...

I've got to be honest. Anonymous, your comment is pretty vauge, and could have been written by a liberal or a conservative. You don't mention any specifics, such as what those conservative values are, who those conservative leaders are, why spreading the truth about Obama is hate mongering, and exactly what the right message and vision is.

In fact, I would bet good money that you are indeed a liberal, posing as a conservative. Conservatives don't really use the term "neo-con." Nor do we name other conservatives as being "anti-american" or "fear-mongerers."

I will say this though, you are right that the Republican party has ignored and moved away from it's conservative base. If it wants to survive, it needs to regain it's conservative foot hold. But it is simply a falsehood to say conservatives have lost their way, and are dealing in fear-mongering, and un-American rhetoric.

Anonymous said...

Greg is absolutely right. "Anonymous somehow equates getting answers about a candidate's background as hateful. Obama cuts ties with people when they become politically damaging. Regardless of whom his associates were, the shunning of his past connections is troubling. If Obama is a leftist liberal he should have the guts to stand up and make his case for his agenda. If he isn't but only used leftist liberals to further his political career, that too must be known. I do more background investigations of babysitters than the media has done on Obama. Obama needs to step up and fess up.

Barb Miller said...

And what a absolutely magnificent job the Republicans have done in the last eight years. Two wars unfinished and an economy that is in the toilet....John McCain wants to pay back the homeowners, no wait I think it's the banks, no wait he needs the homeowners, but what about the banks...oh he's so confused....what will he do...what will he do....nobody knows

PS said...

A message I sent to Newsmax.com after publishing the "Urgent message" from the NPT PAC:

I have just read the rant from the NRT PAC. I can't believe that Americans are that red-necked and ignorant to fall for such a weak and distorted argument against the presidential nominee Barrack Obama. Support him or not, this kind of Bill O'Reilly-like ideology can only be taken seriously by the lowest common denominator of educated individual.

How can one criticize giving drivers' licenses to a resident, illegal or otherwise, when the same party that McCain is a member of did exactly the same thing?? Isn't that painting the kettle black? (pardon the PUN). I meam, under which party did Atta get his driver's license?...and would that have stopped him?? Are you saying that his vote helped to put the ruling party into power and that they might have abetted him?

Not being able to vote for either candidate, I wonder how being a veteran soldier makes one a better potential leader than a Harvard graduate? There must have been thousands of better candidates than Obama, Clinton, Reagan, Eisenhower, etc. if that logic holds. "Become a captured soldier, be qualified to run our country" Are maimed soldiers even more deserving than McCain??

Seriously folks, you have lost major credibility in my eyes after reading that endorsement. Partisanship (not to mention racism) surely still runs very deep in the USA, despite McCain's regular calls to cross partisan lines and work together for the good of the country. The poor management of the US financial industry under McCain's own party and the constant paranoia exhibited by Americans has lead to the current crisis that now has engulfed the entire globe and wiped out billions of dollars of hard-earned savings of ordinary people. And you're telling people to aware of the "bad guy Barrack"???

And we wonder why America is held in such distain by much of the world, including citizens of most democratic countries. Go to Europe as a Canadian and be welcomed as a friend, go as an American and be looked at with distrust. The current government (McCain's party) is the laughing stock of the entire industrialized world and is one reason we have a surge in terrorism. Be very afraid of your own ideology and actions.

Bob said...

We are the verge of an historical election. One in which could be destructive to America! We have 300 million citizens which the past elections have shown this country is divided with 40% liberal, 40% conservative and 20% independent. When voting has turned out to be equally divided in the elections at 50% each voting for R's or D's.

Consider this. Obama has raised massive amounts of money. $150 million just last month alone and has to be close to $600 million total. Where can all this money be coming from as nearly half of our population leans conservative which will not send money to him, so it has to be coming from the half or 150 million people that lean liberal. 40% of our population doesn't pay income tax so they make less than $32,000.00 and with the price of fuel etc. they don't have the money to send to Obama. Why? Many dropped out of school, used drugs etc. so they lean left wanting the government to take care of them. Most are hard working American's struggling to get ahead as most of us have done in our early years. Most will succeed. It’s the American way.

So, America, where is all this money coming from? Obama broke his promise to take public financing! Why? So his Muslim followers could funnel money into his campaign? We already know much of his money has come from overseas, funneled in under the $200.00 reporting limits. There are over 1 billion Muslims in the world wanting a Muslim in the White House so they can destroy America from the inside. They know they can't destroy us militarily but with Obama they have an ally that already has said he will cut military spending on technologies and weaponry that has made our military the strongest most sophisticated fighting force on earth. How better to bring America down than with an ally in the White House and 2 left wing kooks running the ultra liberal congress and senate.

So now we are heavily dependent of foreign oil and Muslim countries that have massive amounts of our money to spend on a Muslim candidate for President.

America, you do the math!

Bob

Anonymous said...

I certainly hope the PAC will capitalize on Joe Biden's recent comments re Obama's lack of ability to be Commander in Chief. This will be a terrific ad. I've sent in my donation and hope it will be used for this purpose!

PS said...

Bob,
Can you please post where you got verifiable information that Obama is Muslim or that he has received vast amounts of money from foreign Muslims? This sounds like fabricated fear mongering to me. Go to this site for a revelation into Obama's religious background. http://hootsbuddy.blogspot.com/2006/12/what-is-barack-obamas-religion.html

I am a Canadian who is attentively watching the election debates and discussions, and I have no political affiliations with this regard. But what happens in the USA directly influences my country (unfortunately...as the sub-prime/credit crisis has painfully reminded us all) so many Canadians pay close attention. It should be noted that most Christian-based European citizens/countries support Obama by a 3 to 1 margin, so maybe the foreign money is coming from them. Many of these people fear for their security because of the actions of the last presidency and will likely be willing to support the candidate that shows the most promise of promoting world peace through negotiation and support instead of by invasion without a plan.

Anonymous said...

This is not a point made out of racism, without obvious grounds and facts that have been brought to the forefront on TV, radio and the Internet. It is based on my own observations in the news, from hearing liberal and conservative commentators, headlines in the newspapers and other sources, and 57 years of plain old common sense.



It is my take on Barak Obama as President with an extremely radical and liberal wife by his side affecting all of his decisions and given that couple’s obvious lack of patriotism, national pride, and love of country. Add to that their disdain for our flag, and the noted influences that they both have had in their lives such as Bill Ayers, Farrakhan, and Rev. Wright, I fear that we are seeing the beginning of the end of our government, our flag, our Christian foundation, and our country! If Christian people, including the people who believe in God, but have not accepted salvation don’t go and vote for McCain, it’s all over! I would hope that Obama would just be another four year liberal president not having any worse impact than Clinton did, but the world is too volatile now. Add their liberal “change” attitude to a majority, liberal Congress and we are in for change, but it isn’t going to be what his supporters think they’re going to get by voting for him. At first he will appear to them to be doing what he has promised them, but as it all plays out, this is what I see in our future:



· No more George W. Bush

· No more Iraq. (We will be out of there by the first day of spring and it will be over-run by radical Islamic terrorists by the first day of summer if not sooner. Every coalition soldier who lost his or her life there, all the suffering and injuries others sustained, all the money that was spent, all the effort to help a nation stand on its feet and help its people have some hope for a better life will be lost).

· On a promise from his “face to face” with the leaders of Iran, North Korea, Hezbollah, Cuba, Venezuela and Osama Bin Laden that they will not attack us if we pull out of Afghanistan and get our navy out of the middle-east – we will pull out of Afghanistan and bring our navy home, thereby leaving no force to be reckoned with by any nation seeking to annihilate Israel!

· He will tax the wealthy as promised and that will have a devastating effect on job loss and rise in prices for goods and services that those wealthy people provide through businesses and factories. The middle-class and poor won’t get taxed, but the resulting trickle-down loss will be worse than tax.

· He will cut George W. Bushes tax breaks that we have gotten over the past few years (as he has said he will do) and that is equal to a tax increase on the middle-class.

· The Obama-bots will push his national health program through and by the time he is done only the poverty stricken will have health care.

· They will pass legislation to outlaw gun ownership, nationwide. They don’t want people to have guns because they want us to be as defenseless as the Jews were when the Third Reich took power in Germany. I guess you could say this is looking like the Fourth Reich!

· They will move to silence conservative talk radio and TV like Fox News. They want to be able to do whatever they want without anybody pointing it out to the public.

· They will begin to dismantle our military and police forces and their claim will be that we don’t need them if we stay out of the middle-east. Of course, we will begin to see them replaced by a new national security force across the country that has the look and attitude of the German Gestapo of World War II mixed with a Farrakhan style Muslim guard. As soon as he has enough of them to control us, we will have to start getting permission to travel from one state to another and that will only be the beginning of our loss of freedom.

· Next they will introduce sweeping legislation to make all illegal aliens who are in this country and any new ones who can make it across the border before the next national election, legal citizens. They will want to make sure they get re-elected!

· They will silently pass legislation for Embryonic Stem Cell Research because their supporters in Hollywood demand it.

· Then they will pass a nationwide, Federal mandate making same sex marriage legal in all states, followed by a Federal law that makes it a “hate crime” to even speak out against it. You will probably be put in prison if you call the police because two gay men or women who moved in next door to you are having sex in their back yard, in front of your kids!

· They will begin the move to remove “In God We Trust” from our money, outlaw any public prayer and even the acknowledgement of God by athletes in the end zone after a touchdown.

· Now comes the mandatory, V-chip insertion. You can’t refuse it if you want to be paid for your work, buy anything, etc. They will use it to maintain all the information about you and through built in GPS, keep track of where you are.

· We will suddenly realize one day that they don’t sing or play the National Anthem before ballgames anymore.

· Any school that still supports the Pledge of Allegiance will lose its public funding if it continues to do so.

· There will be a move to reface the government buildings in Washington DC. They will say it is because of age, but the underlying reason will be to erase any trace of God and the Ten Commandments from view.

· Next will come a move to force Christian radio and TV from the airwaves. Possibly through taxes and other measures that make it impossible to afford to continue.

· Finally, we will be notified that there will be no more celebration of traditional Christian Holidays like Christmas and Easter. Instead, they will be replaced by holidays with a theme of their liking. Possibly a national Jeremiah Wright day or Gay liberation day.

· Also, I believe that Iraq, after we pull our military out and they fall under control of radicals Muslims will join forces with Iran, Qatar, and Russia who are all three already trying to start an organization like OPEC to control the vast natural gas reserves that they sit on. That was on the news yesterday and the intent is to control something like 70% of the total distribution of natural gas around the world.



I could be way off base here and I actually hope I am, but this is a very scary scenario but it is so plausible that I won’t be surprised if we go down this way!

Anonymous said...

As amanda said, given Obama's propensity to "cut ties with people when they become politically damaging," don't be surprised when he dumps Biden the last weekend of this month so he will have enough time to make it known to all of her supporters! They intend to get this election no matter what it takes.

Hey ps - are you related to that idiot Democrat who called his own constituents Racists and then tried to smooth it over by calling them Rednecks? By your statement, "I can't believe Americans are that red-necked and ignorant to fall for such a weak and distorted argument against the presidential nominee Barrack Obama. Support him or not, this kind of Bill O'Reilly-like ideology can only be taken seriously by the lowest common denominator of educated individual."
I've got some news for you, the people that a "shank" like you refers to as red-neck" are the very people who have kept your bones free all your life! We just don't jump on every "gay" or "Pro-abortion" like bandwagon that comes along. You liberals all have a ring in your nose and that's what people like Obama and Hitler pull you around with until they are done making you squeal like a hog. Then you spend the next four years trying to find yourself another bandwagon to jump on because you can't think for yourself. Try getting your head out from under Oprah's skirt and get her sphincter out from around your neck so you can see the Obama bu_ _ sh_t that's about to hit you in the face!

PS said...

Anonymous,

Thank you for pointing out how "Christian" America is and then go on to hurl insults and suggest that the Attack on Iraq has helped the people of that country. Any fundamentalist religious beliefs running a country is always trouble. The Holy wars and the imposition of Christianity over the centuries is an ambarasment to the Christian faith, as is the terrorist actions of fanatic Muslims. Their faith is also Abrahamic and it does NOT promote the actions of terrorists. It's all about imposing man-made ideology on others and thinking your faith is the only legitimate one that can't co-exist with others. It's time to pull your head out of the sand, my friend and maybe do some traveling or reading about world politics and events. Getting rid of the Taliban was legit, but the attack on Iraq was folly and only benefitted the "war machine" supporters of Cheny et al.
I have no bones to pick with McCain...he's a decent and dedicated man who would likely be an OK president. I don't worry much about Palin as long as McCain stays alive. I do think that Obama has the ability to reverse the despair of the people suffering the negative effects of failed Capitalism and the turn around the general disdain for America around the world. Imperialism and conquering are not modern alternative in general.
The bottom line is the USA is almost morally (in foreign policy) and financially bankrupt and needs an full blood transfusion to bring it back to its old glory.
As for claiming that the US has single-handedly "kept my bones free" is not exactly correct. You need to read your history books (I don't mean the ones put out in US schools) and also realize that blatantly interfering with the Middle East without understanding the culture or religions has caused the 911 attacks and security fears of the world. Don't forget it was the USA that originally armed and supported BinLaden in the fight against the Russians. Be careful who you make bedfellows with!

Eagle said...

Do not put your hands on my guns or my money!!!! obama is a piece of crap who will change things alright... in favor of the enemy. Wake up people!!! When you wake up on a bread line and your kids are starving because their daddy or mommy doesn't have a job because the "rich" can't pay for their taxes and everyone elses. Then tell me what the benefits are to having an ultra-libral, abortion believing, terroist supporting, gun stealing president has done for you and this country.

PS said...

Eagle,

Your fears ring loud and clear, but please realize that the US is the only developed country in the world where people walk around with legal guns and paranoia of defending themselves against their own citizens. I think the "wild west" days are over and it's time to get rid of the gun mentality that allows people to walk into a Walmart and buy a gun. And these guns are illegally making their way into our country for criminal use, so we don't support your right to bear arms.
The kind of person you seem to support has already been in power for 8 years and perhaps his predecessors were also supported by you. Your fear of job losses and hunger will be because the exact system you have supported has caused a global financial crisis that has now wiped out tens of thousands of jobs and wiped out billions of dollars of peoples savings around the world. The only people who will not suffer greatly because of loss of income and savings will be those in countries like Holland where the "dreaded Socialist" policies will provide everyone with enough to live decently until death. Yes, the rich in countries like Holland pay high taxes, but they are decent enough to be glad to help those less fortunate than themselves and be glad they have more than they need for themselves. What a concept!! Our system in canada is much better than yours, but not nearly as generous as Holland's. My mother lives there, is an 85 year old senior who lives in a comfortable apartment, gets free local transit and has enough income (only government pension) to live decently, actively and retain self-respect. In the USA, she would be destitute and forgotten like the poor folks of New Orleans.
The rich will always have enough money, even if they have to pay more taxes than the poor and the middle class. If you're a true Christian, it should feel natural to share a small bit of wealth.
Most politicians don't actually support unfettered access to abortion, buy they realize that there must be a separation of church and state and that , approve of it or not, women DO ultimately have control over their own bodies and that if you don't allow legal access to abortion under the right circumstances, they will do it in "hack shop" back rooms and risk destroying their health (if not death) and shatter their families. Would you actually wish that on your daughter if she were the victim of rape, was now pregnant and couldn't emotionally handle the thought of bearing the child of the man who raped her? It's easy to say she should complete the term and offer the child for adoption, but that's not reality or an option for most victims. If Obama supports this type of abortion access, he will gain the support of the huge women's freedom movement. The days of keeping the wife barefoot and pregnant and keeping the house are over. If America wants to constantly fight for freedom, sometimes it must begin at home.

Unknown said...

"The National Republican Trust"? This is a joke, right? To any sane person, reading your crap reveals nothing but the ravings of certifiable extremists. Self proclaimed "conservatives" like you give all genuinely conservative and moderate people a bad name. You are in fact nothing more than a coterie of sociopathic liars and disinformation propagandists. But very soon the real "people" of this country will have spoken. And the sinister, deluded, pathetic creeps like you will be purged from the social and political power structures in OUR AMERICA, for at least a generation. Thanks be to God for that, and Amen!

Nifty Nick said...

Haha, I love to read silly Liberal rants with no sort of backing or evidence to support it. Call us all the names you want, it doesn't bother conservatives that you hate us so much, we will always stand up for what we believe in. It has been a long time strategy of the left to accuse conservatives of being racist, haters, and mongerers of all types, because the left has no logical, moral or substantial argument of any kind. Rave on my friend, rave on.

PS said...

Wow, the NRT PAC supporters just seem to get whackier and more paranoid. This last post just needs the addition of a few "boo-re-ha-ha" cackles to finish it off as a bit of insanity. (-:

I would consider G.W. Bush to be an ultra-conservative, so if you're saying that's what America needs, boy are you disillusioned. Given the choice between that and a bit of shift to the liberal middle, it's a no brainer! You have NO CHOICE if you don't want the USA to self-destruct. If things don't turn around both politically and financially, there is a risk that the US dollar will no longer be used as the prime currency of trade and will plummet in value. Since the "over-taxed" large corporations have been free (and encouraged by shareholders) to outsource manufacturing to the East, be prepared for major price increases in consumer goods and inflation, not to mention an even worse trade deficit than now.
You need a leader who will bring back the lost optimism and encourage the population to work for the common good, not self-serving interests. You need a leader who will win the respect of the rest of the world and seek solutions to the current and future problems through dialogue and negotiation. It will take time to achieve this after the disaster of George W. and the Republican Party this past 8 years. You need an eloquent, tireless leader with conviction and charisma if you wish to influence other world leaders. The way I see it (as a foreigner) is that Obama has it in spades over McCain. Palin is easy on the eyes and has an endearing folksy character, and may be adequate as a VP, but she didn't even know what the duties of a VP were when asked in a recent interview and certainly is not qualified to be president if something were to happen to McCain. In fact, her public approval ratings have been dropping the more she speaks and as the "scandal" back home gets deeper.

Anonymous said...

This country is a great one, but it won't remain that way unless we reclaim the values that made the Republican party what it did, and can once again represent. A party of smaller government, giving a hand and not a handout, a party of liberty, a humble party that doesn't go looking for a fight, but one that doesn't shy from one either. A party that values a balanced budget, and sanity in spending. Barack Obama represents none of these. He is the proverbial wolf in sheeps clothing.
However, we need to take pause to remember that the revoloution of 1994 should still be in full stride, but we fell victim to our own press. Let's reclaim the high ground that cutting taxes works, but it has to be accompanied by spending cuts as well. Balance our budgets, and there will be enough for all involved.

Anonymous said...

You've seen this, right?:

http://www.factcheck.org/elections-2008/a_license_to_kill.html

Nifty Nick said...

Kurt, you know that the factcheck.org is run by the Annenberg Foundation, and is extremely liberal. You should also know that Obama has ties to the Annenberg foundation. CAC was a project in the Chicago school system funded with a grant of $50 million from the Annenberg Foundation in 1995. William Ayers, unrepentant terrorist and former member of the Weather Underground, was the driving force in securing the grant in 1995, and was one of 3 founders of the CAC. After the CAC was created, Obama, then a third-year associate at a small Chicago civil rights law firm, was named as the Chairman of the CAC Board, which oversaw the fiscal side of the CAC (it decided how the grant money would be spent, as well as having the responsibility for raising matching funds from other charitable foundations).

It is small wonder that factcheck.org would try to discredit any claim made by the National Republican Trust Pac.

Anonymous said...

This is what is coming down the shoot with Obama as Pres.
Beware people we will not be safe and Iran will attack Israel and Obama will not do a living thing or shall I say the right thing as per Biden.


Reported by the WSJ

Are 401(k)s safe from congressional Democrats?
By JAMES TARANTO
If you have a 401(k) or equivalent retirement plan, you've probably been watching nervously the past few weeks as your nest egg has shrunken owing to the current turmoil in the markets.
Well, it could be worse. But don't take heart, for what we mean is it could get worse. The market turmoil has some politicians on Capitol Hill eyeing the end of the 401(k) as we know it. Workforce Management reports on a hearing of the House Education and Labor Committee earlier this month:

A plan by Teresa Ghilarducci, professor of economic-policy analysis at the New School for Social Research in New York, contains elements that are being considered. . . .
Under Ghilarducci's plan, all workers would receive a $600 annual inflation-adjusted subsidy from the U.S. government but would be required to invest 5 percent of their pay into a guaranteed retirement account administered by the Social Security Administration. The money in turn would be invested in special government bonds that would pay 3 percent a year, adjusted for inflation.
The current system of providing tax breaks on 401(k) contributions and earnings would be eliminated.
"I want to stop the federal subsidy of 401(k)s," Ghilarducci said in an interview. "401(k)s can continue to exist, but they won't have the benefit of the subsidy of the tax break."
Ghilarducci outlined her plan last year in a paper for the left-liberal Economic Policy Institute, in which she acknowledges that her plan would amount to a tax increase on workers making more than $75,000--considerably less than the $250,000 Barack Obama has said would be his tax-hike cutoff. In addition, workers would be able to pass on only half of their account balances to their heirs; presumably the government would seize the remaining half. (Under current law, 401(k) balances are fully heritable, although they are subject to the income tax.)

Sounds pretty unappealing, doesn't it? But in her congressional testimony, Ghilarducci offered a sweetener:

Short-term I propose . . . that the Congress allow workers to swap out their 401(k) assets, perhaps at August levels, for a guaranteed retirement account--just a one-time swap. . . .
How would this work? You go back to your districts and meet up with a 55-year-old who had had $50,000 in his account last month and now has $40,000 in the account. He can swap out that $50,000, valued in August, for that guarantee of what would become, if he retires at 62, a $500 a month addition to Social Security.
A 55-year-old who lost 20% of his 401(k) because of the recent stock market decline was investing more aggressively than he should have, given his age. Ghilarducci proposes to reward this imprudence in exchange for dramatically limiting everyone's ability to take risks (and enjoy the corresponding rewards) and for greatly increasing government control of Americans' retirement funds.

It is by no means a certainty that Congress or a President Obama would embrace such a proposal, but this is a direction in which things may move if the Democrats make big gains next month.

clogger53 said...

Please look into9 the law suit filed against Obama in PA by former Deputy Attorney General, Phillip J Berg. It was finally just mentioned by Fox Toledo. This may explain alott to you and McCain. We want to know why the future defenders of our constitution are letting us fight this alone!!obamacrimes.com berg takes this to the Supreme Court today at 3:00

clogger53 said...

Please look into9 the law suit filed against Obama in PA by former Deputy Attorney General, Phillip J Berg. It was finally just mentioned by Fox Toledo. This may explain alott to you and McCain. We want to know why the future defenders of our constitution are letting us fight this alone!!obamacrimes.com berg takes this to the Supreme Court today at 3:00

f said...

"It is small wonder that factcheck.org would try to discredit any claim made by the National Republican Trust Pac."

You haven't refuted the arguments of factcheck.org. They printed comments made by Obama, appropriately sourced, and supported the conclusions.

All you've done is made some dubious claims about bias in an attempt to discredit. Can you not answer with facts, supported by statements from Obama? Or are you some kind of mindreader, and you know what he thinks even though he says something different?

Nifty Nick said...

"e,"

The same argument could be made of your post. Where are the facts? Anyway, chew on this: Factcheck.org is run by the Annenberg Foundation, and is extremely liberal. In fact, Obama has ties to the Annenberg foundation.

CAC was a project in the Chicago school system funded with a grant of $50 million from the Annenberg Foundation in 1995. William Ayers, unrepentant terrorist and former member of the Weather Underground, was the driving force in securing the grant in 1995, and was one of 3 founders of the CAC. After the CAC was created, Obama, then a third-year associate at a small Chicago civil rights law firm, was named as the Chairman of the CAC Board, which oversaw the fiscal side of the CAC (it decided how the grant money would be spent, as well as having the responsibility for raising matching funds from other charitable foundations).

clogger53 said...

Rally at the Supreme Court for Phil Berg - Today 3:00PM - Thurdsay October 30th
Thursday, 30 October 2008 10:51 administrator Main - News Organizations and supporters of the Berg v. Obama case to protect the U. S. Constitution have organized a rally at the steps of the U. S. Supreme Court. Complete details of the rally are here.

Organizers are emphasizing that the rally is about the constitutional eligibility of Barack Obama to be a candidate for, elected to the presidency, and to serve as the President of the United States. It is not about issues voters use to decide which candidate will receive their vote on election day. All voters should be united in defending our constitution.

Please be aware these are the facts. This is a real law suit and maybe one of the most important we will see in our lifetimes. I trust nothing run by ananberg so please go to the source obamacrimes.com to see that this is true and real.

Anonymous said...

you people are disgusting and repulsive.
In case you don't know the Rev. Wright is old news.
It did not work back when and it will not work now.
Too bad you have a worthless ticket and all you can do is SMEAR and SPREAD HATRED!

YOU ARE THE SCUM OF THE EARTH!

Anonymous said...

"you people are disgusting and repulsive.
In case you don't know the Rev. Wright is old news.
It did not work back when and it will not work now.
Too bad you have a worthless ticket and all you can do is SMEAR and SPREAD HATRED! YOU ARE THE SCUM OF THE EARTH!"

Uh... Wasn't your last comment smearing and spreading hatred? Or is scum of the earth, a new term of endearment? "Disgusting," "repulsive", well, at least you aren't being a hypocrite...

Anyway, sounds like the ramblings of a nervous Obama supporter to me.

Skeeter Sanders said...

YOU ARE NOT CONSERVATIVE BY ANY STREATCH OF THE IMAGINATION. RATHER, YOU ARE FAR-RIGHT-WING EXTREMISTS, WHOSE VIEWS DANGEROUSLY FLIRT WITH OUTRIGHT FASCISM.

YOUR SO-CALLED "TRUTH" REGARDING SENATOR BARACK OBAMA IS NOTHING BUT A PACK OF LIES SO CONTEMPTIBLE, SO DEFAMATORY, AND OUTRIGHT LIBELOUS THAT THERE IS NO WAY ONE CAN OBJECTIVELY AVOID COMING TO THE CONCLUSION THAT YOU ARE MOTIVATED BY RACISM.

YOU WOULD NOT HAVE DARED TO LAUNCH THIS BLATANT SMEAR CAMPAIGN HAD HILLARY CLINTON OR ANYONE ELSE BEEN THE DEMOCRATIC PRESIDENTIAL NOMINEE. YOU'RE DOING THIS TO OBAMA PRIMARILY BECAUSE HE IS BLACK -- YOU CAN DENY IT ALL YOU WANT, BUT YOUR ACTIONS BELIE YOUR DENIALS.

YOUR NUMBER-ONE LIE -- THAT OBAMA IS A MUSLIM -- HAS BEEN DEBUNKED AGAIN AND AGAIN AND AGAIN, YET YOU CONTINUE TO PERPETUATE IT, DESPITE KNOWING THAT IT IS A LIE -- CLEARLY REVEALING A RACIST MOTIVATION, TO SAY NOTHING OF ISLAMOPHOBIA.

YOU BRING UP REV. WRIGHT, DESPITE JOHN MCCAIN'S STRICT BAN ON ANYONE BRINGIN HIM UP ON HIS BEHALF BECAUSE TO DO SO WOULD BE RACIALLY INFLAMMATORY. GUESS WHAT? IT IS.

BUT WHY SHOULD I BE SURPRISED? YOU KNOW THAT THE REPUBLICAN PARTY IS GOING TO GO DOWN IN FLAMES IN THIS ELECTION. ABSOLUTELY NOTHING YOU SAY IS GOING TO PREVENT THAT FROM HAPPENING. YOU KNOW IT'S THE TRUTH AND, TO QUOTE JACK NICHOLSON IN "A FEW GOOD MEN," YOU CAN'T HANDLE THE TRUTH!

YOU HAVE CHOSEN TO IGNORE A FACT OF AMERICAN POLITICS THAT'S BEEN IMMUTABLE SINCE THE GREAT DEPRESSION: THAT THE PRESIDENT'S PARTY ALWAYS LOSES WHENEVER THE ECONOMY GOES TO HELL DURING HIS WATCH. THE ECONOMY HAS GONE TO HELL DURING REPUBLICAN PRESIDENT GEORGE W. BUSH'S WATCH. HIS APPROVAL RATING IS THE WORST OF ANY PRESIDENT SINCE SUCH RATINGS BEGAN IN 1947.

BUT IT ISN'T JUST THE WORSENING ECONOMY THAT IS DOOMING THE GOP IN THIS ELECTION CYCLE. APPARENTLY, THE NATIONAL REPUBLICAN TRUST PAC DIDN'T GET THE MESSAGE WHEN THE VOTERS TURNED THE REPUBLICANS OUT OF CONTROL OF CONGRESS IN 2006 THAT THE GOP HAS MOVED TOO FAR TO THE RIGHT.

IT IS THE REPUBLICANS WHO ARE OUT OF THE MAINSTREAM. THEY HAVE MOVED SO FAR TO THE RIGHT THAT A GROWING NUMBER OF TRUE CONSERVATIVES HAVE DEFECTED AND ARE SUPPORTING OBAMA.

THE REPUBLICAN PARTY TODAY HAS MOVED SO FAR TO THE RIGHT THAT IT IS FLIRTING DANGEROUSLY WITH OUTRIGHT FASCISM WITH THE KIND OF VICIOUS SMEAR CAMPAIGNS THIS COUNTRY HAS NOT SEEN SINCE THE RED-BAITING SMEAR CAMPAIGNS OF JOE MCCARTHY A HALF-CENTURY AGO.

THAT IS A MASSIVE BETRAYAL THE SACRIFICE OF THOSE -- INCLUDING BOTH MY FATHER AND MY STEPFATHER -- WHO FOUGHT AGAINST FASCISM DURING WORLD WAR II. FOR THIS BETRAYAL, THE GOP WILL BE THROWN OUT INTO THE POLITICAL WILDERNESS AND STAY THERE UNTIL THE PARTY MOVES BACK TO THE CENTER.

YOUR LATEST, RACIALLY-MOTIVATED ATTACK ADS AGAINST OBAMA ONLY PROVES MY POINT.

THANKS TO YOU, THE DEMOCRATS WILL WIN BY THE GREATEST LANDSLIDE SINCE AT LEAST 1964 (LBJ) AND PERHAPS EVEN 1932 (FDR).

Anonymous said...

I love it. Please advertise a lot more in Boston, San Francisco, Chicago, NYC, and many other hotbeds of support for Barack Obama.

You have no idea how offensive this junk is to real Americans, because you're so hoodwinked by party. I chose my party based on facts, I left my party based on facts. I'm a member of no party now. I don't let a party dictate junk like this to me.

Be for a party or be for America. I'm for America. The GOP and the DNC can go to hell, but America was here before they were and it will be here after them.

Anonymous said...

Firsty of all, America is NOT A RELIGION.

Second, what exactly are republicans proud of? You and your party have brought this nation to its knees!
It is groups like this, who give repugnuts a bad name!

GO OBAMA/ BIDEN!!!!!

Anonymous said...

This is what the Republican Party has become. An angry bunch of people who would set American against American. That is why Obama will win and McCain will not.

I want to thank Bush for making all this possible. Without his 8 years of hell none of us would have woke up to what the far right has made the GOP.

t40walk said...

Go Obama and Biden!!!

NRT I cannot believe the tactic you are stooping to Rachel Maddow said it best there are a lot of dirty schemes taking place to create fear and steal votes. Are you really this desperate to win?
Your ads would have more validity if they were run earlier and not just days before the election. You mention that Barrack is a radical that is what I feel about Palin and some of the republican supporters. This is just one more thing that is being thrown out to see if something sticks. I guess desperate times make for desperate means.

Anonymous said...

SHAME ON YOU AND YOUR WEBSITE. YOU SPREAD LIES AND FEAR!!!! STOP LYING...THE TRUTH SHALL SET YOU FREE.

Anonymous said...

lies and fear,the right-wing mantra.

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