Posted on 01/06/2013 2:03:15 PM PST by lowbridge
President Barack Obama said he’s willing to consider more spending cuts to lower the deficit, as long as they’re coupled with more tax reforms.
Using Saturday’s weekly address to praise Congress’ last-minute deal to avert the “fiscal cliff,” Obama said it’s “just one more step” in the larger effort to boost the economy and reduce federal deficits. He said this week’s deal raised taxes on the wealthiest Americans while preventing a middle-class tax hike that could have thrown the country back into recession.
“I believe we can find more places to cut spending without shortchanging things like education, job training, research and technology all which are critical to our prosperity in a 21st century economy,” Obama said, speaking from Hawaii where he is finishing his holiday vacation with his family. “But spending cuts must be balanced with more reforms to our tax code. The wealthiest individuals and the biggest corporations shouldn’t be able to take advantage of loopholes and deductions that aren’t available to most Americans.”
(Excerpt) Read more at theblaze.com ...
“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.
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.
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.
I gave staring list for our Representatives to defund.
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.
You are fixing to find out what is and is not possible butt-face.
LLS
BOHICA!
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.
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.
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.
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.
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.
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:
Now slavery emanates from the White House.
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!
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.
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!
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