Welcome to the next 4 years. We'll enter that ridiculous stretch as formal asterisk #1.

Having the sign that say president elect is like something a 7rd grade class would do. It was silly, and not in a good way.

Having the sign that say president elect is like something a 7rd grade class would do. It was silly, and not in a good way.

Given the context (Such a useful anti-pundit tool) I'm sure he was simply using the "seance" comment as a way of including Reagan in the group of ex-presidents he was talking about.

"You don't get fooled again!".

Hate to break it to you but you just elected a Democrat Bush

I do know a lot of folks who voted for McCain simply voted for him to keep Obama out. They weren't in blind love with him as I see many Obama folk seem to be.

I for one am going to stand by the President Elect as after Jan 20th he will be MY president and give him a chance to prove/disprove himself to me.

Next step is we the people need to remind our senate and congress that they serve the people not there respective political parties.

Obama won the election, the people of this country, well the electoral college spoke, and he is going to be our 44th President.

Krby: I hadn't seen this: * Government takeover of 401K/IRA accounts (bad bad bad). Where can I find details?

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 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.)

The testimony of Teresa Ghilarducci, professor of economic policy analysis at the New School for Social Research in New York, in hearings Oct. 7 drew the most attention and criticism. Testifying for the House Committee on Education and Labor, Ghilarducci proposed that the government eliminate tax breaks for 401(k) and similar retirement accounts, such as IRAs, and confiscate workers’ retirement plan accounts and convert them to universal Guaranteed Retirement Accounts (GRAs) managed by the Social Security Administration.

Obama beat the shit out of McCain in the popular vote too. 7% isn't exactly a "small" margin.

Regardless, the "Popular Vote" doesn't mean shit and doesn't elect the president.

Oh, and BTW, where was your landslide? 7% is hardly a mandate. Hell, Clinton had better numbers in 1996. A landslide/mandate is 58% to 40% popular / 525-13 Electoral College. Which is what we (Republicans) had in 1980 and will have again in 2012.

But for now, we have PE Obama. Lets see what he can do before you begin entering him in the Presidential Hall of Fame...

xskycrasherx 1/16/07 wrote:
He's not going to have a fucking shot. You've got to be kidding me. He'll be another spoiler just like Nader, Perot, and all those other fuckheads.

Wait and see! I was right this time! I'll be right again in 2012!

Pawlenty perhaps. Wracking my brain for young GOPers.

That was just too easy.

Obama won twice as many EC votes as McCain did. That's a blowout in my book.

Bobby Jindal