Posted on 04/13/2011 9:02:21 AM PDT by Starman417
A glimpse of tonight's speech by Obama:
President Barack Obama will call tomorrow for a combination of reductions in entitlement spending and tax increases on higher-income Americans to address long-term fiscal debt while drawing a sharp contrast with the Republican alternative proposed by Representative Paul Ryan, according to a person familiar with the plan.
This speech is just more evidence of the Marxist nature of our President. He will bandy about words such as "shared sacrifice" and "fairness" but in Obama's world shared sacrifice means you turn over more and more of YOUR labor and wealth to the government so it can decide who is more worthy of YOUR labor and wealth...other then you, of course. If someone is miserable it's only "fair" that everyone is miserable you see.
Robert Samuelson wrote a wonderful, and scary, article on the state of this Republic and ends it with:
If deficits were temporary — they were certainly justified to temper the recession — or small, they would be less worrisome. That was true for many years. No more. An aging population and uncontrolled health costs now create an ongoing and massive mismatch between spending and revenue, even at “full employment.” The great threat is a future debt crisis, with investors balking at buying all the Treasury bonds the government requires to operate. So President Obama and Congress face a dilemma: The more they seek to defuse the economic problem of too much debt, the greater the political risks they assume by cutting spending or raising taxes.The package to prevent a shutdown barely touches the prevailing stalemate. House Budget Committee Chairman Paul Ryan’s proposed 2012 budget forthrightly addresses health spending but doesn’t make any cuts in Social Security. Ryan’s plan would ultimately gut defense and some valuable domestic programs; it wouldn’t reach balance until about 2040. Compared with Democrats, however, Ryan is a model of intellectual rigor and political courage. Obama would run huge deficits from now to eternity; the Congressional Budget Office has projected about $12 trillion of added debt from 2010 to 2021 under his policies. Obama urges an “adult” conversation and acts like a child, denying the unappealing choices.
Government is suicidal because it breeds expectations that cannot be met. All the partisan skirmishing over who gets credit for averting a shutdown misses the larger issue: whether we can restore government as an instrument of progress or whether it remains — as it is now — a threat.
"Instrument of progress"
Key words.
This government will never be an instrument of progress if we continue to raise taxes on those who fuel this government with jobs and innovation.
The top 50% of wage earners in this country already pay more than 97% of ALL taxes in this country for god's sake.
(Excerpt) Read more at floppingaces.net...
I’m still waiting for his and his missus’ sacrifice. Guess I’ll have a long wait. Swine.
GE - $34BN in profits. US taxes - $0, ditto for Gm and other well connected Big Money business.
Fair share indeed......
2012 cannot get here soon enough.
"Just a matter of time, I suppose."
Wick the bottles, pile up the tires, and give the greedy a beating they will soon never forget.
The man is dangerous, as are those who he has entrusted our national matters to.
And some of the people who are hurting are too stupid to realize that this is cutting our own throat. will not realize this is cutting are own throat....
Does Obama really believe that raising taxes, in a severe recession, that all of sudden congress is going to become fiscally responsible?
President Hoover did this and we had the Great Depression. Obviously, Obama knows this will cause a depression and is intentionally doing it, or he is too stupid to realize this will not work.
Wish we could see Obama’s school records that he has sealed? I wonder how many jobs would let a person hide their school records?
Raising the taxes on the wealthy NEVER works.
The wealthy are RICH because they can afford to tax attorneys who take advantage of every tax loophole in existence.
Until the tax codes are changed —flat or fair-—this nation will go through this same drill every year.
Some people worked hard in school. They played team sports, they joined clubs, they worked on the school newspaper or yearbook, and they studied. They did these things because they wanted to be invovled, they wanted to contribute, and they wanted to build a future for themselves.
They sacrified to do these things.
Later, they joined the working world. They worked long hours. They took any job they could get. Because they were building a life.
They sacrificed.
They got married. They struggled to make the marriage work. They had children and tried to raise them right.
More sacrifice.
And the president is pointing his boney finger at these people, saying "You need to sacrifice."
Tell me: the inner city losers -- what the hell did they ever sacrifice? Can we start there? Can we cut off the gubmint checks? Isn't it time?
Fairness is letting people keep their own money. Fairness is respecting other people’s property. Fairness is taking responsibility for your own life.
well put.
Someone said “Eat the Rich”.
http://www.realclearpolitics.com/video/2011/03/31/bill_whittle_on_eating_the_rich.html
A man that does not pay for his own gasoline will ask American taxpayers to share the sacrifice???
BWAHAHAAHAHAHAHA.........................
Corporations don’t pay taxes. They pass it onto consumers (us). Increasing corporate taxes just means increasing our taxes. No thanks.
Testify ClearCase! Very nicely put.
I’m around Obama’s age and know just how big a thumb was put on the scale for him at his schools, law firms, etc. He’s classic affirmative action - he didn’t get to his position with any sort of the “sacrifice” that others had to go through: getting good grades, working hard, saving money, etc. He was put on third base and now acts like he hit a triple and understands what it’s like to stand on third base having worked on your baseball game. Puke.
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