Libertarian ping! Click here to get added or here to be removed or post a message here!
View past Libertarian pings here
Posted on 07/14/2010 6:44:50 AM PDT by justsaynomore
Pinganator
Dems lose control of Congress in November 2010.
Tax cuts expire and stupid public doesn’t notice until 2011.
Republicans blamed.
go get ‘em, Herm!
The demonrats aren’t going to touch this until after the November elections. I hope that if the Republicans take back Congress...or at least the House...that they can put the tax cuts back into place and make them permanent.
If the Republicans don’t undo some of this Admin’s policies, then they’ll be made to pay too. They had better sit up, take notice, and listen...for a change.
It’s time to look up Jefferson’s comments on the necessity for revolutions to clean things up - ever so often.
Methinks the “so often” may be near.
Tax and spend is what dems do. The really interesting part is what will the new Congress do esp if ‘conservatives’ take charge. If there’s no repeal they own the increases whether they like it or not. Not only will they have to repeal them but also override Barry’s veto. That exercise will demonstrate their resolve to put the country back on track. Then there are the necessarily huge spending cuts. All in all its a pretty big chuck to take on. I suspect they’ll fail due to lack of courage...that’s what republicans do.
the liberals are misty-eyed over returning to Bill Clinton’s tax rates....but minus the Gingrich “Contract with America”
Raise taxes in the midst of a looming DEPRESSION without any fiscal restraint whatsoever on the president or the democrat/RINO congress - except China
Can’t wait, kids.
And don’t spend your spare change anytime soon
If the Republicans don’t undo some of this Admin’s policies, then they’ll be made to pay too. They had better sit up, take notice, and listen...for a change.
_________________
Even if the Republicans take one — or both — houses of Congress, unless they have VETO PROOF Majorities, which ain’t likely, there will be no way for them to change the tax increases. They can vote them out of Congress, but Obama will just veto them. When they go into effect, and crash the economy, Obama will actually have the AUDACITY to blame THE REPUBLICANS for CAUSING the problems because they “wasted time” trying to “undo my reforms” instead of “moving forward” and “advancing our agenda.” And the sychophantic mainstream media WILL trumpet his message for him — and Obama WILL be reelected in 2012....
Of course, this is a WORST case scenario....
This may become the Smoot-Hawley fiasco of the 21st century.
The Republicans got sucker punched by the Democrats again, because collectively they thought there was no way the Democrats would allow obviously unfair tax penalties to be re-instated. And just as the Democrats do not care if legislation is good or bad as long as it enhances their big government agenda, they do not care about fairness in the tax code.
its our DUTY and our MORAL OBLIGATION to avoid paying the govt anymore taxes than is absolutely necessary......I just wish I was rich enough to know how....
Republicans blamed.
And RINO’s like John McCain will continue to refer to the Rats as “my friends”.
Could be, but IMHO, it’s highly unlikely. The liberal progressive fascists are running the show and, like a back-alley crack addict, are addicted to tax increases.
I’ve been adjusting the number of dependents to get my tax refund as close to zero as possible. 2011 will be difficult to figure out. I don’t mind having to pay a few hundred dollars or so if I don’t have enough tax withheld, but I can’t afford to get into the thousands of dollars range.
The United States was founded by revolution; it is tradition.
Hauser’s Law: No Fed tax collection efforts as measured in total from the early 1900’s have EVER been able to exceed 19.5% of the GDP. Therefore, measure the ability of the US taxpayer to service the national debts as never exceeding 19.5% of the nations current GDP, no matter what.
http://shimmie.shishnet.org/v2/post/view/2413 1950-2007
Graph from 1910 remains the same, at 19.5%, not linked.
Taxes will decrease the GDP further, and China has itself downgraded the US Bond rating it uses.
Recent articles also show that for every dollar borrowed there is a consequential DECREASE in GDP of $.40-$.45 with associated job REDUCTIONS! The Diminishing Productivity of Debt graph now in BIG negative terrirory!:
http://www.swarmusa.com/vb4/content.php/282-THE-Most-Important-Chart-of-the-CENTURY
Recovery? In the administrations dreams! WE have not hit bottom yet.
Thanks for at least adding that this is the worst case scenario. That makes me feel a tiny bit better.
However, it all sounds so hopeless to me. I feel as if something drastic doesn’t happen that could remove this idiot from office, then we’re doomed.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.