February 04, 2008
New HRC Mailer Hits Obama On Economy
A Hillary Clinton mailer circulating in Massachusetts asks: "Which presidential candidate will solve America's toughest economic problems?"
"Only Hillary Clinton has the right solutions for America. Leadership takes more than talk."
The claims:
That HRC is offering a middle class tax cut, a plan to end the housing crisis, that she will create 5M new "good paying" jobs and "redirect billions in oil company profits to alternative energy research."
That Barack Obama has "no plan to put a moratorium on home foreclosures," that he voted for "Dick Cheney's energy bill," and that he "wants to raise Social Security taxes by a trillion dollars."
The mailer, obtained by NJ's Linda Douglass, says that it was paid for by Hillary Clinton for President.
Massachusetts voters cast ballots tomorrow in their state's primary.
Posted at 05:47 PM
Comments
What else is new! Hillary don't hide behind your mailers!!!!!!!!!!
OBAMA08
laurie | 02.04.08 06:53 PM
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This is good...the more they hate...the more Obama dominates!!!
NC4Obama
NC4Obama | 02.04.08 07:21 PM
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This is good...the more they hate...the more Obama dominates!!!
NC4Obama
NC4Obama | 02.04.08 07:22 PM
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Last minute emotional moment... check
Last minute campaign mailer with attacks already proven false... check
Just waiting for Bill to slip his leash and the Clinton campaign will be ready for election day
ObamaIndependant | 02.04.08 07:52 PM
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Beware, all members of the middle class who are making $100k a year...
Howard | 02.04.08 08:00 PM
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This is such a low blow. Anyone remember Tsongas vs. Clinton. How'd that middle class tax-cut work out, Bill.
So I guess the question is, do you want to put those manipulative, selfish liars back in the White House or do you want something new?
Joe | 02.04.08 08:40 PM
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Oh Hillary.
Her plan for the foreclosure mess is to freeze interest rates for 5 years. Interesting, but how exactly will she do that? There is a constitutional provision against intereference with contracts. Let's say she does manage to freeze interest rates. That's great, but what exactly will that do for lending. How many lenders will do business in the USA? Why make a loan in the USA when you can do another loan in another sector or country for more return. Not all of the money would leave the sector, but a lot of it would. (There is a finite amount of money, and investors, e.g. banks, chase the largest returns.) And, that means a lot less people buying homes.
As for social security taxes, Obama's plan was to allow social security taxes to be collected on higher incomes. The way SS works is that for the first $97K or so of salary, the gov't collects taxes. After $97K, you pay no further taxes for SS. Obama has suggested that we lift that cap, or impose the tax again after 200K or so. In other words, the tax burden to the middle class does not change one whit, but higher wage earners will have to pay more in SS taxes. Because Hillary lives in NY, the average salary is definitely higher than the rest of the US. So, New Yorkers would be concerned about this change, but for the most part, most Americans would never feel the tax increase.
Anyway, my two cents...
Jacek | 02.04.08 09:26 PM
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Oh Hillary.
Her plan for the foreclosure mess is to freeze interest rates for 5 years. Interesting, but how exactly will she do that? There is a constitutional provision against intereference with contracts. Let's say she does manage to freeze interest rates. That's great, but what exactly will that do for lending. How many lenders will do business in the USA? Why make a loan in the USA when you can do another loan in another sector or country for more return. Not all of the money would leave the sector, but a lot of it would. (There is a finite amount of money, and investors, e.g. banks, chase the largest returns.) And, that means a lot less people buying homes.
As for social security taxes, Obama's plan was to allow social security taxes to be collected on higher incomes. The way SS works is that for the first $97K or so of salary, the gov't collects taxes. After $97K, you pay no further taxes for SS. Obama has suggested that we lift that cap, or impose the tax again after 200K or so. In other words, the tax burden to the middle class does not change one whit, but higher wage earners will have to pay more in SS taxes. Because Hillary lives in NY, the average salary is definitely higher than the rest of the US. So, New Yorkers would be concerned about this change, but for the most part, most Americans would never feel the tax increase.
Anyway, my two cents...
Jacek | 02.04.08 09:26 PM
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Desperate times...
Ann | 02.04.08 09:27 PM
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That does it. Bill goes on his apology tour, and the next day, once again, the Clintons are out distorting their opponent's record. And yes, it works, most people don't have the time or wits to follow politics closely, and get swayed by this kind of crap. So the Clintons' apologies for playing dirty were one more lie on top of a mountain of lies. These two are just scum. My hope is that the awarding of delegates will end up with neither having a nominating majority,and the superdelegates make the call (the Dem party seems to have set it up that way). And then they get to take a good, hard look at what has gone down in this campaign - Obama playing hard and clean, the Clintons playing hard and dirty. It will be gutcheck, no, soulcheck time for the party, and the Independents will be watching closely....
alex black | 02.04.08 09:27 PM
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How DARE Clinton tell the truth!! It IS the economy, stupid!
Ed | 02.04.08 11:06 PM
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Yes it's the economy stupid which is why Hillary's plan is bullshit. A president CAN'T
freeze interest rates. It's unconsitutional.
And her lie about that trillion dollar tax hike was designed for dummies who don't have a clue what Obama proposed.
Not to mention the only thing she has proposed so far to fix soc. sec. is to establish a commission which will come up with...err.. something.
Vote for a big unknown something. Vote for Hillary.
xyz | 02.05.08 02:11 AM
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Obama should take some more inspiration from JFK and say he'll lower the capital gains tax as well.
glennS | 02.05.08 02:31 AM
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Obama played the same game with the mailers. What good for the goose is good for the gander! Obama's mailer is waiting for him back in Chicago...where he's gonna end up when HRC is nominated by the Dems! Go Hillary!
treborjant | 02.05.08 04:01 AM
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Well, the fact is: Obama DID vote for that 2005 energy bill, which was one of the worst pieces of legislation in U.S. history. It was in effect a huge tax giveway to major oil corporations... and look where it's got us. Even John McCain called it: "no lobbyist left behind."
Independent Ben | 02.05.08 04:17 AM
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If you don't raise taxes and you think SS has a problem, the only option is benefit cuts. That is Hillary's solution, only she's too dishonest to admit it.
Miracle Max | 02.05.08 08:32 AM
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I think it's more than accurate on Hillary's take on Obama's lack of a plan.
And ANY is fair game now, after Obama used/revived a Republican/Insurance industry attack ad against Hillary. And you guys are whining about her campaign factually stating what he will and won't do?
Intrest rates will be frozen on those loans which are about to reset or that have reset and are minimally feasable for the homeowner. But at least they will still be able to keep their home. It's done ALL THE TIME. Lenders will have to agree, but it's in their best interest.
TXDem08 | 02.05.08 09:00 AM
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The interest rate freeze is a fantasy. Won't happen. Illegal and infeasible.
Miracle Max | 02.05.08 09:29 AM
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"Obama should take some more inspiration from JFK and say he'll lower the capital gains tax as well."
I hope you mean long term capital gains. Short term capital gain has been too low, and is responsible for most of the bubble problems in the market.
Short term gains should be taxed as regular income. That'll make people think hard before investing in ponzi schemes.
The Other Steve | 02.05.08 09:39 AM
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The fact is that Obama is going to increase the fica tax past tcurrent 97k. Hillary is opposed to increasing this tax.
vicki andrews | 02.10.08 03:11 PM
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