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Obama: More Tax Increases Possible to Reduce the Deficit
http://www.theblaze.com ^ | january 5, 2013 | Madeleine Morgenstern

Posted on 01/06/2013 2:03:15 PM PST by lowbridge

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To: Sarah Barracuda

“As the plane leveled, Obama told his wife and advisers about his previous trip to a Democratic convention, in 2000. He had booked a last-minute flight from Chicago to Los Angeles, where an airport Hertz car-rental counter denied his credit card.”

http://www.washingtonpost.com/wp-dyn/content/article/2008/08/24/AR2008082401671.html

The man’s grandparents lived in Hawaii. There’s the mother’s money. I understand he inherited more than most people.


21 posted on 01/06/2013 2:32:14 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
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To: JohnBrowdie
He isn’t going to pay down debt. He is going to partially fund his agenda and acquire more debt, which he will then use as an excuse for raising taxes even higher. Exactly! Never has Obama proposed actual legislation which redirects tax revenue to the debt. He's lying and unfortunately not even House and Senator Republican leaders will call him out on his lying.
22 posted on 01/06/2013 2:32:14 PM PST by RginTN
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To: allendale

The communist doesn’t care about the details or the truth or the facts - and it shows when he opens his mouth - like what I saw on TV this a.m. - all he cares about is getting more money to redistribute. And the Kardashian POTUS has enough people who agree with him.

This situation could not be more dire.


23 posted on 01/06/2013 2:32:22 PM PST by Aria ( 2008 & 2012 weren't elections - they were coup d'etats.)
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To: lowbridge

More spending cuts!?! This lying sack of garbage knows no bounds to his arrogance. His sheeple will swallow anything he says so I guess he has a basis for it.


24 posted on 01/06/2013 2:45:24 PM PST by TigersEye (Who is John Galt?)
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To: allendale

I gave staring list for our Representatives to defund.


25 posted on 01/06/2013 2:54:36 PM PST by SandRat (Duty - Honor - Country! What else needs said?)
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To: lowbridge

The problem we have is that Congress does its best to save the public from feeling any immediate pain for their spending decisions. There should be automatic tax increases on EVERYONE when spending increases. The delay of the pain we have today makes it too easy for Congress to spend and run. The current method encourages the moonbats to believe in nonsense like Monetary Sovereignty.


26 posted on 01/06/2013 2:57:08 PM PST by griswold3 (Big Government does not tolerate rivals.)
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To: lowbridge

You are fixing to find out what is and is not possible butt-face.

LLS


27 posted on 01/06/2013 3:23:55 PM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS!)
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To: lowbridge

BOHICA!


28 posted on 01/06/2013 3:31:22 PM PST by El Gato ("The second amendment is the reset button of the US constitution"-Doug McKay)
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To: csmusaret

A 30% Tax increase cannot pay for 187% overbudget spending.

But then math is not taught in Madressa’s.

We do not have a blood problem Barry, we have a vampire problem.


29 posted on 01/06/2013 3:36:19 PM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: lowbridge
He won't obey the law, which is really just an enforcement act for the first amendment:

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof;

That's makes him an enemy of the Constitution, both foreign and domestic perhaps. But not obeying the law is a crime, a high crime in this case, and thus an impeachable offense.

30 posted on 01/06/2013 3:36:57 PM PST by El Gato ("The second amendment is the reset button of the US constitution"-Doug McKay)
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To: csmusaret

All of the welfare and other social(ist) programs are a form of ransom that we pay to keep the inner city blacks and hispanics and the white trash in the trailer parks housed, fed and high on drugs. Thus, they will not come out from their holes into the neighborhoods where normal people live and work to wreak their havoc.

And it is a ransom. Stop paying it and think about what happens. They will riot and burn down the rat-holes they live in and start venturing out into civilization in search of an easy meal. This is part of why they want to disarm us.

Thus they will know that they can venture out into (relatively) wealthy suburbia and loot and pillage without fear of getting shot.


31 posted on 01/06/2013 3:37:08 PM PST by Ouderkirk (Obama has turned America into an aristocracy of the unaccomplished.)
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To: allendale
The constitution states that spending bills must originate in the House.

Actually it says:

All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.

The fiscal cliff bill just passed, which raised revenues, or at least tax rates, was an amendment to the one the House passed in August, which had no such tax increase. But Boehner and the House RINOS caved and voted for those amendments, rather than holding fast against tax increases as they were elected to do.

32 posted on 01/06/2013 3:41:34 PM PST by El Gato ("The second amendment is the reset button of the US constitution"-Doug McKay)
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To: griswold3
The problem we have is that Congress does its best to save the public from feeling any immediate pain for their spending decisions.

I think the TPTB including republican PTB have looked at the situation and went with SNAFU. They have a can kicking road map thanks to Japan which blew up several decades ago.

33 posted on 01/06/2013 3:45:15 PM PST by EVO X
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To: lowbridge

Again I am rather surprised by the fact that no one mentions that at these rates an increase in taxes causes revenue coming in to the government to GO DOWN...

Here is another recent example:

http://www.telegraph.co.uk/news/politics/9740253/Two-thirds-of-millionaires-disappeared-from-official-statistics-to-avoid-50p-tax-rate.html


34 posted on 01/06/2013 3:57:13 PM PST by ChinaGotTheGoodsOnClinton (Go Egypt on 0bama)
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To: lowbridge
Institute the Paul Mac Penney Plan and add continuous process improvement to the federal government. Who can argue with cutting spending one percent per year. Ridicule any that do. Anyone in this nation can cut their income one percent and not affect their standard of living at all. And the leftist government spokesmen says the government cannot. BS!
35 posted on 01/06/2013 4:08:46 PM PST by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
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To: lowbridge

Now slavery emanates from the White House.


36 posted on 01/06/2013 4:32:39 PM PST by onedoug
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To: lowbridge
Obama has been warned that tax rate increases are not a means to reduce the deficit (let alone eliminate it).

He has been advised that the only way to get rid of the deficit is GROWTH of the economy...yet he takes actions to destroy such growth.

Why?

That is the question and the point.

His goal is not the elimination of the deficit...his goal is the collapse of the economy (standard Cloward-Piven).

This is what we must prepare for. This is his goal!

37 posted on 01/06/2013 5:49:15 PM PST by RoosterRedux (Liberty and Freedom!)
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To: RoosterRedux

Him being warned and him believing it are two different things. You must remember socialists actually think socialism works. Less money in the private sector and more in the government’s hands means the Keynesian multiplier will magically make the economy grow. That’s his plan.


38 posted on 01/06/2013 6:05:00 PM PST by Tublecane
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To: Tublecane
Right you are.

Obama has been conditioned to believe that the free market system is unfair and unworkable. In his mind, only socialism and social justice will right the wrongs of this unjust Whitey-dominated world.

He has been propagandized so as to completely misunderstand and misinterpret reality.

Amazing that such is even possible with sentient humans...but Obama is proof that it is not only possible, it is even an efficient means of destroying humanity.

Yes...this is an interesting time to be alive. And an important time...so that those of us alive get to fight for freedom and liberty.

Those of us alive at this time will get to participate in the ultimate battle. The battle for the human soul!

39 posted on 01/06/2013 6:19:57 PM PST by RoosterRedux (Liberty and Freedom!)
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