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MoveOn Plans 'Fiscal Showdown' Picket Monday at Hultgren's Geneva Office

The MoveOn political action group plans a "Tax the Wealthy" event at 10 a.m. Monday at 14th District Congressman Randy Hultgren's Geneva office at 1797 W. State St.

 

A political action group is planning to picket Monday in Geneva as part of 162 "Fiscal Showdown" events nationwide asking legislators "to vote to raise taxes on the wealthy to fix the deficit."

MoveOn.org, one of the largest political action committees in the country, is making a local lobbying effort at 10 a.m. Monday, Dec. 10, at the Geneva office of Republican 14th District Congressman Randy Hultgren. The office is located at 1797 W. State St.

"Congress faces a fiscal choice—not a 'cliff'—about whether to end tax cuts for the rich or cut vital programs and delay tax extensions for working and middle class people," the MoveOn.org website says. "The GOP is holding us hostage again, and we could slide back into a recession if they win."

The group is asking local advocates to sign up for the gathering "to share our stories and let Congress know we won't settle for a bad deal."

"We voted to end tax cuts for the wealthy in November, not let Republicans push us back into a recession by standing in the way and demanding cuts to Medicaid, Medicare, and Social Security," the website says. "We need to unite Senate Democrats against any cuts to those programs and put the heat on House Republicans for opposing extending tax breaks for 98 percent of us."

The lobbying effort also seeks:

  • No cuts to Medicare, Medicaid or Social Security.
  • Cut the bloated Pentagon budget.
  • No cuts to our already tattered social safety net.

A local MoveOn member, identified as "Mary S.," is organizing the rally in Geneva.

"We need a massive crowd so that our elected officials and the local press get the message," the website suggests.

According to a CNN report, President Barack Obama and House Speaker John Boehner met Sunday, but no major breakthroughs were made regarding the "fiscal cliff" decision facing Congress prior to the new year, when automatic tax hikes and spending cuts take effect.

In broad terms, Republicans say Democrats aren't willing to move on entitlement reform while Democrats say Republicans have refused to consider additional taxes on the wealthiest Americans.

"The latest news reports indicate that Republicans are still willing to raise taxes on working families by as much as $2,000, and are proposing devastating benefit cuts to Social Security, Medicare, and Medicaid," the MoveOn website said.

Related Topics: Fiscal Showdown Event, Geneva IL, MoveOn, Protest at Hultgren's Office, U.S. Congressman Randy Hultgren, fiscal cliff, and political action committee

Andrea Cladis

10:24 pm on Sunday, December 9, 2012

Please tell these people to stay out of my town.

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Pam

7:47 am on Monday, December 10, 2012

How do you know they are not FROM your town?

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Mike

8:03 am on Monday, December 10, 2012

I agree Andrea but if in fact these people are from our town, or district, we obviously won't be able to change their mind but if they are "bussed" in from outside the 14th district then I agree we surely don't need them here.

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Pam

8:27 am on Monday, December 10, 2012

The last I checked everyone in America has the right to peaceful protest no matter where they live or whether you agree with it or not.

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Jennifer

4:43 pm on Monday, December 10, 2012

I was at the demonstration today and Andrea you'll be horrified to know most of these people live in your town. I'm not sure if you want them to move? But they are among you, they are probably people you know and like.

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Pam

5:32 pm on Monday, December 10, 2012

What??? Democrats in Geneva???
Better hide your kids...hide your wives.

Donna Mead

10:31 pm on Sunday, December 9, 2012

I went to a MoveOn meeting in Batavia a few years ago. Bill Foster and a lot of Fermi Labs people where there. After Foster got elected he gave his Fermi pals 100 million taxpayer dollars, and instead of working on real financial reform he bailed out the GM UNIONS, who still owe taxpayers 35 billion.. Lets all remember how the corrupt MoveOn group sued banks to make subprime loans to unqualified buyers, the result being the worst economic slump since the Great Depression.

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mike ellison

10:44 pm on Sunday, December 9, 2012

How is it that these people can be in the face of the people that they are protesting against, yet the news media does not provide their names or addresses? When people start to 'professionally' picket on behalf of an organization then their contact information should be fair game for those of us who would like to picket in front of wherever they have their offices, even if those offices are their homes.

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Jennifer

4:46 pm on Monday, December 10, 2012

Mike, at the protest today everyone took turns stating where they live, they were all locals. The media was there and seemed to take note of this information.

Rudy

7:08 am on Monday, December 10, 2012

As if we don't have enough division already WOW !! They are COMPLETELY out of touch. 98% of the people in this community Pay for their entitlements with little complaint. Just take our hand out money and shut up please!

Thanks a working man!

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Pam

7:48 am on Monday, December 10, 2012

Are you saying that these people are on some kind of welfare?

Jennifer

7:22 am on Monday, December 10, 2012

I think Donna meant to say how Bill Foster saved thousands of local fermi jobs. Your implication that he was handing out money to his friends is just not true. And the auto bail out has been a roaring success! I'm so glad that intelligent kind man is back in office.
Did anyone read what the picketing is about? They wish to maintain programs like social security and medicare. They instead wish to raise the tax rates of the wealthy to the rates they were a few years back. The Bush tax cuts did not create the jobs that were promised and cost the country billions. We should not continue those tax breaks by paying for them by cutting social security and medicare and medicaid! In poll after poll most of Americans actually agree with raising the tax rate on the top 2% of earners. Seems this group really is quite in touch with the people.

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Mike

7:31 am on Monday, December 10, 2012

Donna is "right on". Foster and the rest of the Move On Organization could care less about the middle class. Understanding getting more from the "rich" is class warfare at the least but "coveting" what others have and have done is anti-christian. Want to be rich then go out and work for it. More taxes on the "rich" could be an assault on the middle class. Be careful what you ask for because you just might get it.

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Pam

7:51 am on Monday, December 10, 2012

I agree, Jennifer.
Now I'll just sit back and wait to be called a pinko commie leftist or whatever the new word for the day is.

Mike

7:23 am on Monday, December 10, 2012

Move On is a George Soros Communist Organization.

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Jennifer

7:27 am on Monday, December 10, 2012

By the way I have NEVER received one government hand out. Not a student loan, not medicaid not even unemployment. I am a hard working person who simply cares about those people like my grandmother who receive medicare and social security. She's 92 and should not feel threatened by politics as usual.

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Pam

7:48 am on Monday, December 10, 2012

You consider student loans hand-outs?

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Mike

7:58 am on Monday, December 10, 2012

My dear Jennifer,
Good for you but you are missing the point. Taxing the "rich"/"wealthy" more, will not only hurt the economy but will do a lot to harm and limit donations to deserving charities, like special olympics, local symphonies, etc., etc., and your 92 year old grandmother will not be affected unless "Obamacare" becomes a realty and her Medicare is decided by a beauracratic panel. Additionally the wealthy are the ones who keep the economy vibrantly alive; expanding their businesses, hiring additional employees, and contribute to the health of our Countries Economy.
Believe it or not EVERYONE drinking the "Kool Aid" is being threatened by "politics as usual". The wealthy/rich (and people like you) for the most part know how to use their dollars a lot better than the government. If government had not "RAIDED" social security and medicare for decades we would not be in this situation today. Organizaitons like move on most certainly doesn't consider anyone, including your grandmother, and You in their grand "globalist" future plans.

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Donna Mead

9:39 am on Monday, December 10, 2012

Jennifer, as with most of your arguments, the one about your grandmother is inaccurate and illinformed. The much needed Entitlement Reform will no affect people ON OR NEARING retirement.

Rick Bouchard

7:36 am on Monday, December 10, 2012

Let me ask the people who would agree with the sentiment that Move-On should "stay out of [their] town": Can we have the same sentiment echoed for Tea-Party and Planned Parenthood protesters? The First-Amendment guarantee of the liberty to assemble and speak freely applies to everyone. I would suggest that such people, instead of intimating that Move-On members should not be allowed to have their voice heard in Geneva, stage a counter-protest or write their elected officials.

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Pam

7:56 am on Monday, December 10, 2012

"America isn't easy. America is advanced citizenship. You gotta want it bad, 'cause it's gonna put up a fight. It's gonna say "You want free speech? Let's see you acknowledge a man whose words make your blood boil, who's standing center stage and advocating at the top of his lungs that which you would spend a lifetime opposing at the top of yours." --"An American President"

Jennifer

7:45 am on Monday, December 10, 2012

http://articles.chicagotribune.com/2012-12-09/health/ct-met-medically-fragile-20121209_1_fragile-kids-technology-dependent-children-medically-fragile-children/2

Yes the "communists" at Move On care about these kids on Medicaid too.
If you are unable to click on the article it's all about children and parents in fear of losing their medicaid benefits. Terribly sick kids, who receive in home nursing care. Those darn commies at Move On want to help maintain these children's treatment.

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robert poznanski

7:58 am on Monday, December 10, 2012

You seem to be able to throw that 50's label "communist" around pretty easily! Do you have any type of education to back up your name calling, that qualifies you, to use it,in this case, against them?? Its one thing to call names, it another, to have proof! Real communism, would not even allow such protest, and these people have a right (get it, a right) to have their views heard! Its fine to disagree with them, but to use label's, that have very little to do with them, is ignorant! God bless America!

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Donna Mead

10:06 am on Monday, December 10, 2012

Jennifer, I suppose you also believe the liberal advertising about wanting to toss granny off a cliff. Unbelievable how gullible the uninformed can be. Your sacred entitlements are in need REFORM not elimination. Did you know that even tax and spend Democrats acknowledge that Medicare and Social Security are on a growth path to BAKKRUPTCY?

Pam

8:03 am on Monday, December 10, 2012

Jennifer is not calling them communists. She is referring to Mike's comments above.

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Matilda B

8:04 am on Monday, December 10, 2012

I agree with Jennifer. I wish I had known this was happening sooner as I would have taken time off work to attend. As it stands, I did email Hultgren this weekend to let him know my stance.
I support raising taxes on the 2 %, and protecting our social security. Our funding of the military can be reduced effectively. And yes, Andrea, I do live in Geneva and I have a real job and pay my bills.

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Mike

8:11 am on Monday, December 10, 2012

Not a label Robert. Real title. Do a little research on George Soros, the Bilderbergers, the Trans Continental Congress and the American Communist Party.
Amazing reading.

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robert poznanski

9:21 am on Monday, December 10, 2012

Again, with the people who seem to think that the label communist, is an "evil" thing,and throw the term around, lightly, perhaps should realize that most of the manufactured goods,sold in the US,yes, those one's you purchase on a day to day basis, are virtually all produced, in a communist country, China! So, if that label is so disgusting to you, remember your "patriotic duty", and boycott those companies who use communist labour, to bring you your consumer goods! By the way, you won't be able to purchase, much!!

Jason

8:41 am on Monday, December 10, 2012

Hold fast Congressman Hultgren. We don't have a revenue problem, we have a spending problem. When the liberals can prove that government waste and redundancy is rectified, then, and only then, should we discuss tax increases for anybody.

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Donna Mead

9:53 am on Monday, December 10, 2012

Well said Jason and I agree 100%.

Mitotero

9:24 am on Monday, December 10, 2012

The ignorance and arrogance of some of the posters on this site is amazing. Why can't we be happy that our country allows active demonstrations in front of our Congressman's office? If you don't agree with them, that is OK. But it is unacceptable to attack them, or label them as communists, or assume they are the recipients of entitlements.
I am proud to be an American when I see political activism alive and well. It is not relevant whether or not I agree with the protesters message. We should welcome them.

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Jennifer

9:47 am on Monday, December 10, 2012

Pam, I really don't even like the words "hand outs" just using terminology that some on this site might be able to understand. I don't believe that social security and medicare are handouts. Nor are Government backed student loans. These are things that help every day Americans get by. I was just stressing that those who protest or support the protestors are not always the people you think they are.

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Kelli Trejo

9:57 am on Monday, December 10, 2012

Our economy was incredibly strong when Clinton left office. Our problems began with Bush and went on for a very solid 8 years. Strengthening our economy is like losing weight, it's a slow process with lots of ups and downs. It took 8 years to mess it up, it will take at least 8 to fix it. MoveOn is an organization I have long proudly supported. Reading all of the capitalist comments on here reminds me why I must continue to do so. MoveOn has the right to peacefully protest and they are welcome, not just because they are correct :), but because our Constitution says so.

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Donna Mead

10:19 am on Monday, December 10, 2012

Kelli, as a MoveOn supporter, did you support the subprime home loan program? Do you feel that it was a success?

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Kelli Trejo

10:57 am on Monday, December 10, 2012

Donna, I think only Bush's people supported the subprime lending. They are the one's who got rich quick from it while my working class neighbors paid with their homes and livelihoods. Please, educate us as to specifics behind MoveOn's role in the subprime lending. Specifically, what, in your mind, were they supporting? Of course, the fiscal cliff issue is the matter at hand and I find your views regarding that, along with many others' here, as being ... tilted.

Kelli Trejo

9:58 am on Monday, December 10, 2012

And as to the GM comment - that bail out was an enormous success! GM vehicles, American icons, are all over the road today and their plants remain open employing many, many Americans and providing medical insurance, retirement and other benefits. So, while you presumably drive around in your foreign car, perhaps you should consider buying American so Americans work!

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Donna Mead

10:13 am on Monday, December 10, 2012

Kelli, first of all the government still owns the majority of GM stock, so this is not a success until taxpayers are off the hook. Last I looked GM still has 35 BILLION taxpayer dollars. Any fool can run a competitive company and sell cheap with a free stream of taxpayer capital. Had GM been forced to reorganize it would have become an asset to venture capitalists, not a long term liability to taxpayers. The primary "winners" in the GM bailout were fat cat union officials, Democrats who rewarded LABOR with taxpayer dollars.

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Donna Mead

10:25 am on Monday, December 10, 2012

Kelli, if you truly think that GM is reformed, and on a good path, please let us know when you put your money where your mouth is and INVEST IN GM STOCK. If you are not a believer, you will, like most investors, stay far away from the new government owned GM.

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Donna Mead

10:55 am on Monday, December 10, 2012

One last thought Kelli. Are you happy that Obama let GM OFF THE HOOK and that GM pays NO TAXES on its profits? I would think you would be dismissing them as just another bunch of greedy capitalists.

Jon Azavedo

11:20 am on Monday, December 10, 2012

People like Kelli frighten me. They frighten me because they are so ill-informed. GM went BK, wiping out investments for MILLIONS of people, including former workers and the working stiff invested in 401k's. They still owe the govt 35 BILLION, which was provided by Nobama in the form of TARP funds. If you want to point to a REAL sucess, look at Ford-didn't take a handout, and the CAPITALISTS turned the company around.

All those supporting increased taxes on the "wealthy" simply don't understand economics, and seem to have given up all hope that they, too, will someday be "wealthy." Even more frightening is the rampany use of the word "fair" in describing the libs tax plans. Redistribution is "fair?"

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Kelli Trejo

11:23 am on Monday, December 10, 2012

Donna, I have no stock in GM, other than the stock I take in being a taxpaying citizen of the United States of America, supporting our American corporations that employ my fellow Americans. As a working class citizen paying taxes at the same rate as those 2%-ers (without the windfall of their numerous make-believe deductions), and being in the direct path of the AMT, my family has little left over after duly paying our mortgage, utilities, and various and sundry other necessities. So, unfortunately, my financial investments are nothing to speak of. (Something I'm sure is difficult for you to understand.) However, maybe if the top 2% who purportedly run the businesses that 'funnel money back into our economy', made their company vehicles American made, and hired full-time employees instead of 30-hour per weekers, and provided health benefits: GM wouldn't have gone under, unemployment wouldn't be so high, and the need for medical care reform wouldn't be so prevalent.

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Pam

11:28 am on Monday, December 10, 2012

Donna@-----
Which of my posts is this comment directed toward????
"Pam your emotional analysis is at the level of a stunted child. Grow up, and ask yourself why you live in the freest, and wealthiest country known to man."

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Kelli Trejo

11:29 am on Monday, December 10, 2012

And Donna, Yes. I am quite pleased that our tax dollars find their way into the pockets of American corporations who employ Americans at decent hourly wages with benefits for their families. Laborers who work long, hard days to put a roof over their families heads doing work I am certain neither you nor I could do. I am also proud to support our labor unions that support those workers and keep the companies on the up and up.

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mecando

11:29 am on Monday, December 10, 2012

HELLO ALL REPUBLICONS?????? EXTRA-EXTRA READ ALL ABOUT IT............
YOU LOST----------YOU LOST-----------YOU LOST
TAX THE RICH $$$$$$$$$$$$$$$ AND VOTE ALL DEMOCRATIC IN 2014
TAKE AMERICA BACK FROM THE WACKO RIGHT TERRORIST..............

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John

12:04 pm on Monday, December 10, 2012

Well this comment added a lot to the discussion.....

Kelli Trejo

11:35 am on Monday, December 10, 2012

Though this is getting off task, some of the world's greatest financial analysts have agreed that Obama's GM plan did, in fact work. Further, that Romney's would have sunk the company, making Cadillac, Chevrolet, and Buick, to name a few, vehicles our children would know only from reading about in history books.

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mike ellison

12:03 pm on Monday, December 10, 2012

Romey's plan was to allow the company to reorganize through bankruptcy procedures that have been around in our country for a long time. Obama's bailout was basically an unfair process where his administration chose the winners and losers among the creditors. How ironic that you don't like Romney's plan yet support an unconstitutional redistribution of wealth and a strategy that left many creditors with no reimbursement whatsoever.

Billions of dollars still haven't been paid back, by the way. And if you children had to read about failed companies then that's not the problem of anyone except those companies themselves. You don't realize that GM was going under because of the idiot union workers who couldn't build good vehicles?

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Kelli Trejo

1:10 pm on Monday, December 10, 2012

I think GM was going under for a lot of reasons, not the "idiot" union workers. Those that you are blaming are the laborers. They are on an assembly line piecing together the products that were designed by someone else, coming off die machines manufactured by someone else.

Jon Azavedo

12:09 pm on Monday, December 10, 2012

Kelli,

Name those "greatest financial analysts" please. And, please refute FACTS if you care,ie., $35 BILLION still owed American taxpayers.

Mecando..HELLO HOURLY WORKER. I AM FIRING YOU BECAUSE OF INCREASED MEDICAL COSTS, HIGHER CORP. TAXES AND YOUR POOR ATTITUDE. GOOD LUCK IN FINDING A POOR PERSON TO HIRE YOU.

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JerryDale

12:15 pm on Monday, December 10, 2012

The issue in all of this commentary has become lost. The issue is if 2% of the American people will pay 3% more on income above $250,000. That's after all deductions, so its pure income gain. For the life of me, I do not understand why so many who make so much less are willing to sacrifice for so few. If I told you I would see that you legally get $100 tax free, if you then gave me $3.00, would you say, "No, that $3.00 will bring about financial ruin!" If I gave you $1000, and you then gave me $300, again completely legal, would you oppose that? How about $10,000 and you return $3,000? $100,000 and you return $30,000? Would the additional income you get without obligation, $97, $970, $9,700, or $97,000 somehow bring about a crisis in your life. Not mine! I'm willing to take it and hope that those like the Walton family four heirs that make as much as 40% of the rest of Americans can survive a 3% increase without haveing to belt tighten by buying cheaper beer.

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Diane

12:23 pm on Monday, December 10, 2012

I am not an Obama supporter by any means. I oppose the Affordable Health Care Plan and because of my religious convictions, personally oppose abortion and gay marriage. However, the top 2 percent of America's wealthy should pay their fair share. They own about 90 percent of this countries wealth. Why should they be allowed to use tax loopholes and other methods to avoid paying taxes? Why can't the Republicans at least do that much so they at least pay their fair share of taxes? So many of today's middle class have seen their incomes/ benefits cut so severely they cannot make a living wage if they were lucky enough to keep their jobs. The 2 percent are stealing from the pockets of the working middle class and poor with massive under employment and benefits cuts.. I am not partial to either party but this country needs to wake up. As for those who do not pay taxes, there are many workers employed at such a low wage, their income tax percentage is at zero. I agree those who exploit the government and don't want to work need are in the wrong but what about all of those who have lost their jobs and cannot find any work.

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Jon Azavedo

12:26 pm on Monday, December 10, 2012

Diane, define "fair." Oh, and while you're thinking of an answer, I've already paid income tax on money I have then invested and reaped capital gains and dividends-which are AGAIN taxed. So, when closing these "loopholes," how about we eliminate capital gains and dividend taxes as double-taxation?

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John Walsh

2:23 pm on Monday, December 10, 2012

Jon, tough. The government taxes at many levels. My income is taxed. What's left over pays additional sales taxes, gasoline taxes, protperty taxes, etc. Your argument is full of holes. There's no reason why someone who earns a living off of capital gains and dividends, should pay a lesser percentage than a salaried or hourly worker.

Our fiscal problem's greatest origin came from two unfunded Bush/Republican tax cuts, two Bush/Republican unfunded wars and the single biggest expansion of the entitlements in over 40 years you dispise - the Medicare Prescription Drug program. NEVER in the history of the USA did the federal government cut taxes in time of war. But the Republicans and Bush did. Every other Congress increased taxes to fund war. Those actions are what put our nation in a Depression.

John Walsh

12:33 pm on Monday, December 10, 2012

Get a clue teabagger associates. Hultgren has no plan - other than the rejected Paul Ryan budget. Inaction will cause the so-called fiscal clif to occur. Action prevents it. Hultgren is unwilling to take any action.

The giant deficits were created by a Republicon Congress and George W. Bush - two tax cuts, two unfunded wars and the unfunded expansion of the Medicare prescription drug entitlement.

As fas as I am concerened...let's go off the cliff. It was Republicons who created the sunset for the excessive Bush tax cuts. It will be Hultgren and his Republicon brethern who are responsible for inaction that will cost you $$$.

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Jon Azavedo

2:53 pm on Monday, December 10, 2012

Typical wackjob reasoning from one of life's losers. The money has already been taxed, period. Sales taxes are a cost of doing business. What I do with my residual income is up to me, and I should not be penalized for successful investing. I do agree, however, lets go off the "cliff." Lets see how many Obama disciples in the middle class like what's coming. Oh, and the beginning of the end came under Clinton and expansion of the CRA, when owning a house somehow became a "right."

Diane

12:38 pm on Monday, December 10, 2012

My husband and I recently turned over his 401K to reinvest in mutual funds, stocks, ect.. That income was never taxed to begin with as it was added to his 401 K-thus the reason to reinvest it. We will probably live off dividends as well when we retire but expect to pay taxes on them because they are income. If you increase your income with capital gains, that is more income and it should be taxed.

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Kelli Trejo

12:47 pm on Monday, December 10, 2012

Jon, Slightly pretentious don't you think? :) While your implication of jealousy deserves no response, I am far wealthier than many I meet. Solid family, solid home, solid neighbors. I live the American dream, thanks, in large part, to people buying American made products and services. Tell me, why should the wealthy get special tax breaks that the middle class doesn't get? Is that what you call "fair"? Having been privy to the tax returns of people from all walks of life - poverty level right on up to the top 2%ers, I've seen some ridiculous credits given to the wealthy, regularly seeing doctors, lawyers, and the like paying a significantly lower tax percentage than I. What is "fair"? Perhaps, Jon, it's not my uninformed statements that frighten you. Maybe it's that while most feel inferior or helpless and back down to you, a few of us stand taller and prouder, challenging a plan that will turn this country into a 2-class society.

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Jon Azavedo

1:05 pm on Monday, December 10, 2012

Kelli, your comment only serves to show how jealous you are of life's achievers. What "special breaks" do drs. lawyers, etc. get that you or I can't if we earn a higher income? Are you referring to investment income? THEN MAKE MORE MONEY AND INVEST! How long do you think you can ride the coattails of the successful? Here's what you'll have-raise my taxes, I won't invest-I won't expand my business, I won;'t hire anyone else, I'll cut everyone down to 30 hours and avoid paying healthcare, and if need be, I'll simply close the doors. No more charitable contributions, no more anonymous donations to the school. Think in terms of actual contributiion, actual dollars paid, not "percentages," that makes you simply sound bitter that you have failed.

Jon Azavedo

12:54 pm on Monday, December 10, 2012

Diane, OK, so if I have a capital loss instead of capital gain, do I get a dollar for dollar government reimbursement? Wouldn't that be "fair?" 401k is is a tax sheltered investment, and will be taxed at a presumably lesser rate when you retire. Of course, what you don't realize is Nobama wants dividends taxed as ordinary income-good luck with that retirement.

John Walsh, educate yourself-$10 trillion deficit at end of bush Nobama increased by 60% in less than 4 years. With a dem congress. WAHHHHH, let's blame everything on Bush, spoken like a true Obama-ite.

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John Walsh

4:15 pm on Monday, December 10, 2012

Poor Jon. You have my sympathy. When you start reverting to name calling -"wackjob" and "losers", you know you've lost the argument.

Money in our society is taxed at multiple levels. People want services and taxes and user fees are used to pay for them. Yes a cost of doing business and living in our modern society that you don't want to pay. Tough.

If you invested in the S & P 500 during the Bush administraion, you would have lost money. if you had invested in the S & P 500 on the day President Obama took office, you'd have doubled that investment in less than 4 years.

Yes, lets go off the "cliff." This is what the Republicans set up to happen. It's Congress, led by the Republican House that Randy Hulgtren serves, that has put you in whatever position you seem to be concerned about.

You lose credibility by just posting odd stuff, like the CRA, which regulated red-lining and had nothing to do with the housing bubble. That housing bubble was caused by Republican legislation signed by Bush that degregulated the mortgage process so bankers could create mortgage backed financial derivatives I'm certain you can't comprehend.

News to Jon, you lost the election. Get over it.

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Jon Azavedo

6:41 pm on Monday, December 10, 2012

CRA regulated red-lining? CRA forced banks to lend to individuals w/ no credit, in areas w/ distressed housing. In other words, forced banks to make bad loans. Red-lining is racism, not selling a home in a predominantly ethnic area to someone "different." Typical dem response, illogical and illiterate and misleading to other, under-educated dems..

Your "rationale" of taxation is equally absurd. Why should anyone pay more than their neighbor for the same services? Let's use the idiotic "percentage" argument. I make a million bucks, and, using all available deductions, pay 100,000 in taxes=an effective 10% rate. You, never achieving success in life, make $20,000 and pay $3000 in taxes, a higher percentage , but $97000 LESS than me. We live in the same community. We drive the same roads, get the same schools, get the same PD and FD protections. Rather than complain, you should be ecstatic that I don't call you a leach on society, failing to pay YOUR "fair share."

Now, I have to eat my ribeye and enjoy an expensive bottle of wine and cigar while you open a can of ravioli. Knock yourself out with another ridiculous response, Bon apetite!

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What a Deal!

12:01 pm on Tuesday, December 11, 2012

Like when you said teabagging associates. Or are your adjectives allowed to be used first because yours are not offensive (in your mind)...looks like you lose John Walsh. I am sure it's "different"!

Diane

6:17 pm on Monday, December 10, 2012

Jon: The top 2 percent have already cut jobs down to 30 weeks and cut out benefits so a very signifigant portion of those in the labor force do not have enough income to cover the cost of living, do not have employer sponsered health care and make very little above the minimum wage. My question is this-why?? Why did so much of corporate America over the past several years decide to either cut wages and benefits, layoff workers, or fire them for no reason? I believe the answer is corporate greed. The government is by no means innocent either raising the costs of doing business in the US to the highest in the world so corporations outsource. The Free Trade agreement signed by Clinton was the beginning of the end. Both Democrats and Republicans have their hand in the taxpayer's pockets as do the top 2 percent taking in most of this country's wealth. Unless a miracle happens that reverses the greed and entitlement culture of our country, none of us will have the United States as we used to know it. We can debate class warfare and Democrat/Republican all we want but our country is headed down a steep slope that can only be stopped by allowing the Bush tax cuts to expire forcing us into austerity, higher taxes on the wealthy, cuts in entitlements and a shrinking of the federal deficit. The spending party and gravy train has to end. China already owns much of our wealth. Should we just hand over what is left to a communist country and allow socialism to take over.

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Jon Azavedo

6:45 pm on Monday, December 10, 2012

Corporate greed? Try survival of the fittest. BTW, want to bring up Solyndra, Fisker and GM? Failed Obama attempts at competing in the marketplace. Even w/ govt backing, the first two failed, the third owes the taxpayers $35 BILLION. Want to know what is driving us toward bankruptcy? Unions, especially the teachers union.

John Walsh

11:40 pm on Monday, December 10, 2012

poor Jon. Your grasp of facts is weak. The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods, consistent with safe and sound operations. It was enacted by the Congress in 1977 and is implemented by Regulation. The regulation was substantially revised in May 1995 and updated again in August 2005.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities.

Neither the CRA nor its implementing regulation gives specific criteria for rating the performance of depository institutions. Rather, the law indicates that the evaluation process should accommodate an institution's individual circumstances. Nor does the law require institutions to make high-risk loans that jeopardize their safety. To the contrary, the law makes it clear that an institution's CRA activities should be undertaken in a safe and sound manner.
http://www.federalreserve.gov/communitydev/cra_about.htm

I use logic and facts. Jon, you drink way too much RW kool-aid, Randy Hultgren must be service it up to you. He's part of the problem you have a problem with.

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Jon Azavedo

8:31 am on Tuesday, December 11, 2012

John, don't know about the Kool Aid, but your mind is permanently disabled from too many vodka martinis. In fact, CRA was used as a hammer by regulators, forcing banks to lend within certain distressed neighborhoods, knowing full well the borrowers didn't meet minimum credit criteria and that the loans would likely be written off. Why do you think so many banks opened locations on the south and west sides of Chicago in the early 2000's? Feds told them that their "lending area" had strangely expanded to include areas arbitrarily chosen for increased home "ownership." The specific criteria used to measure compliance utilized zip code analysis w/ total loans written annually. If loan total were less in the distressed areas, regulators threatened to pull the banks charter. Educate yourself-talk to a banker about CRA instead of copying and pasting drivel from a website.

You know nothing about CRA, economics, history. I can take solace in the fact that your state-funded pension will soon be cut or done away w/ entirely, and you'll be greeting me at the door of Wal-Mart.

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John Walsh

11:35 am on Tuesday, December 11, 2012

Jon, I am a capitalist, working in the free market. An entrepreneur who earns income soleley on my personal efforts. Educated. I know my history. I know my economics, banking, real estate and politics. I know the CRA. Dad was an auditor. My brothers are: a banker, a bank auditor for FDIC, equity brokers and real estate brokers. Please don't insult me or my intelegence. I've seen practically every angle of CRA that there is. It wasn't government regulation or over-regulation that caused the real estate bubble. It was pure greed and bankers behaving like lemmings. The morgage backed security derivatives, had absolutely no government or market-place oversight. S & P and Goldman Sachs gave AAA ratings to those bond derivatives, when they were junk quality. Stop blaming the poor. They got the shaft, and the bankers got bailed out and made whole.

The protest was over the inaction of our Congressman, Randy Hultgtren. Hultrgen is part of the biggest "do-nothing Congress" in over 60 years. The phony "fiscal cliff" crisis has its origins as a result of incompetent Republican governance, and Hultren is the poster child for incompetence.

What a Deal!

11:57 am on Tuesday, December 11, 2012

The US Government was downgraded by S&P due to lack of spending restraint....better read your history on that. You can Google that and see why Obama caused the downgrade.

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Jon Azavedo

12:11 pm on Tuesday, December 11, 2012

John Walsh has his head in the sand. First, no one cares about your pretend business, brothers, Dad, whatever. The fact is you are defending the most corrupt President in our history, erroneously placing blame on Republicans. If you need a history lesson on the entitlement society, I suggest you start with a book about FDR, move to LBJ and complete the trilogy w/ Clinton. All bought votes with freebies to the "disenfranchised," now opening the floodgates to illegals who will receive SS, Medicare, Medicaid, and pandering to unions, particularly the teachers union.

The protesters want to "save" all of these entitlements, while decreasing the defense budget. The blame is squarely on gay Barny Frank and his dem buddies who raided these funds. BTW, your brother must be proud to be a banker-what small businessman did he pull a loan from today?

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John Walsh

2:39 pm on Tuesday, December 11, 2012

jon, Aren't you a testy one. I believe in the American Dream. I believe in the American Worker. I support unions. I believe in the importance of the middle class in America. I vote. I believe in the Social Security Stystem. Social Security has not added one penny to the deficit. I believe in Medicare and Medicaid is a social contract that we must support. I am as progressive a free market capitalist as you can get without being a community organizer. :)

You are full of RW talking points, aren't you? Yes, cut the defense budget. By all means. The Soviet Union is dead. Time for our democratic allies to pick up a bigger share of their security costs. Why should Japan, Korea and Germany get a free ride on US taxpayers? Bring our sons and daughters home from the war in Afghanastan.

You may recall...the single biggest expansion of entitlements in the last 45 years. That would be the Medicare Prescription Drug Program - enacted in 2003 by a Republican Congress and signed into law by Geroge W. Bush, with no additional revenue (tax) to fund it. Do you recall? That was a bunch of goodies to buy votes for Republicans in 2003. Or don't you know your history. http://www.washingtonpost.com/wp-dyn/articles/A9328-2005Feb8.html

Jon Azavedo

12:30 pm on Tuesday, December 11, 2012

A little truth in advertising here-John Walsh is a sales rep for the Chicago Tribune-company bankrupt-and has probably had his pension affected. Hot tip, John-Sam Zell is a dem.

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John Walsh

2:17 pm on Tuesday, December 11, 2012

Jon, Sam Zell is as Conservative and as Republican as one can be. http://www.businessinsider.com/sam-zell-explains-mitt-romneys-economic-viewpoints-2012-10 Just goes to show how little you know. You keep digging an argumentative hole. One can not address deficit spending without increased revenues. End our war in Afghanastan. Bring our sons and daughters home from war. That will save Billions.

Jon Azavedo

4:08 pm on Tuesday, December 11, 2012

John, the American Dream is not relying on government, becoming self-sufficient and providing for your family. You aren't family. I can say w/ great confidence that I pay substantially more in taxes, income and property, than you. You are a leach, willing to have me and others who took a risk be forced to share the spoils. I have no social contract w/ you or the protesters who want to whine about "fairness." And I'm not alone. You want to bite the hand that signs your checks, that pays 90% of the taxes in this country, while your man Nobama gives billions to favored businesses? Then the gravy train will simply end. Your bitterness towards "the man" is simply due to your lot in life. John, grow up-life is unfair, loaded w/ winners and losers. What's different today is that the losers don't want to take the risks, they simply want the rewards re-distributed. Your point about the U.S. pulling back from foreign aid is one I share. But quoting the Washington Post? Actually, the biggest entitlement in the last 45years was LBJ Great Society, including enactment of the food stamp act, the same act Nobama is revising by not making a job search mandatory. Oh, and expanding public housing and SOCIAL SECURITY, and MEDICARE, John, the hole you've dug for yourself is now covered with a rock.

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Jennifer

6:20 pm on Tuesday, December 11, 2012

I regret the day I signed up for alerts on this post. Please, John and Jon step away from the computer and go get a chai tea at Starbucks. (Not together) Both of you need to calm down and please know that this back and forth will not end until someone with a level head ends it and just walks away. Jon Azavedo... the name calling of the President, the unnecessary pointing out of a mans sexual preference and the cyber stalking of John disturbs me. I think both of you have had your say and now it's time to put it to rest.

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Jon Azavedo

7:07 pm on Tuesday, December 11, 2012

Thanks Jennifer. Just like a true lib, mentioning Starbucks, a guy's proclaimed sexual preference and "cyberstalking" in one sentence. Calling conservatives "teabaggers" isn't derogatory? Well, then Jen, I think you are a "teabagger" and perhaps not in the political realm. Not that there is anything wrong with that......

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Jennifer

8:24 pm on Tuesday, December 11, 2012

I refuse to be baited into your negative cyber bullying but just to clarify, I never used the term teabagger. Your post seems to imply that.

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What a Deal!

9:02 pm on Tuesday, December 11, 2012

@ Jennifer....what Jon is saying is that you tell them both to walk away...but, you called Jon out on all those things, (cyber stalking/bullying, name calling, etc.), but, you give John a free ride, when John started it all by calling Jon a teabagger. If you step back and look at it with open eyes, and mind it should be obvious....like scolding two boys. But you only discipline one, the least favorite boy, while the favorite boy stands in the corner with his hands wagging in his ears and sticking his tongue out at the boy who gets in trouble......nah, nah...you are the teacher no one liked....

Jennifer

10:12 pm on Tuesday, December 11, 2012

When Jon inserted gay slander he lost my respect. It's hard to stifle that. They are adults not children though not acting so and my heart was in the right place... Trying to get them to stop the bickering was my only purpose.

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Jon Azavedo

8:38 am on Wednesday, December 12, 2012

Jennifer is a poster child for the mind-numbing hyperbole used by libs. Lets see, I referenced that Barney Frank is gay---HE IS!!! Then the references to cyber-bullying and cyber-stalking and maintaining that her heart is in the "right place." All tactics used by those with absolutely no defense of their positions, and no cogent thought. Kinda like calling all those who despise Obama and what he has done to our country as "racist." Sickening.

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What a Deal!

7:15 pm on Wednesday, December 12, 2012

Jon, when a liberal is losing an argument and has no defense they usually result to saying something to the effect that you are unreasonable and they refuse to argue with you. Jennifer came to John's rescue and then used the "your a bully" defense and exits, a the same time pointing out she is the Judge of what is acceptable and what isn't...teanagger = OK, gay comments = not OK. Her bias is obvious. I bet John was happy to see her come rescue him from his sorry arguments.

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What a Deal!

7:16 pm on Wednesday, December 12, 2012

I must say I am glad we didn't have the riotous thugs that showed up in Michigan. Though not all these moveon'ers are local. This I know for a fact.

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