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EXPLODING DEBT LOAD FOR BUNCH OF FREELOADERS
The New York Post ^ | February 27, 2009 | Charles Hurt

Posted on 02/27/2009 3:17:42 AM PST by Scanian

WASHINGTON - Emblazoned on every page of President Obama's budget are the words: "A New Era of Responsibility."

That would be a responsibility for you to fork over more taxes.

That would be a responsibility for your company to pay even higher taxes.

That would be a responsibility for you to foot the bill for one of the largest expansions of government welfare in history.

Obama's budget schemes to drain staggering amounts of money from people who worked for it and steer it to people who didn't.

This isn't the free market. It's the freeloader market.

"It is not just misguided but dangerous to raise taxes on small businesses and families that can't afford to pay them," said Rep. Eric Cantor (R-Va.).

According to the IRS, the top 20 percent of wage earners already pay 85 percent of the taxes in this country. Under Obama's new redistribution alchemy, the percentage they shoulder invariably will rise.

And the ranks of people reliant upon this fattened government will surely go up, too.

In addition to spending billions more on government welfare programs, Obama takes one of the few widely acclaimed programs in the federal government and turns it into a ticking time bomb.

Buried deep in the spending plan, Obama proposes spending even more on the Pell Grant program, which pays tuition costs for select students.

Most alarming, Obama wants to turn it into an entitlement. In other words, he proposes to dramatically increase its size and make it a permanent and untouchable part of annual federal spending with further built-in yearly increases.

(Excerpt) Read more at nypost.com ...


TOPICS: Editorial
KEYWORDS: bho2009; bho44; bhobudget; democrats; economy; freeloaders; governmentwelfare; liberals; obama; spending; spreadthewealth; taxandspend; taxes; welfare; yourtaxdollars
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To: dennisw

Probably most people hearing “Orthodox” envision Hasidic religionists.

As for “the government”——who knows? (grin)

Many thanks for the clarification.


41 posted on 02/28/2009 7:48:24 AM PST by Liz (Problem with socialism is you eventually run out of other people*s money. M. Thatcher)
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To: Arrowhead1952
"Why work? Just vote democrat. "

Excellent. I want a bumper sticker like that.

42 posted on 02/28/2009 8:01:10 AM PST by blam
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To: Liz

I could dress up right and glom onto some free money!!! Or a no-interest small business loan that may or may not get paid back


43 posted on 02/28/2009 11:25:40 AM PST by dennisw (Archimedes--- Give me a place to stand, and I will move the Earth)
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To: dennisw
I could dress up right and glom onto some free money!!! Or a no-interest small business loan that may or may not get paid back........

......a no-interest small business loan that may or may not get paid back........

Wonder how many of those are on the gov't books?

44 posted on 02/28/2009 11:46:57 AM PST by Liz (Problem with socialism is you eventually run out of other people*s money. M. Thatcher)
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To: blam

I saw one of those in Austin of all places during the 06 elections. I wanted to stop the guy, but never caught up with him.


45 posted on 02/28/2009 12:08:53 PM PST by Arrowhead1952 (It took 250 years to make the USA great and 30 days for BO to tear it down.)
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To: Liz

IIRC refugees have get enhanced access to SBA guaranteed loans as do women and minorities

Various entites make the loans and the SBA guarantees them. I’m sure many have never been paid back and the borrower is never pursued


46 posted on 02/28/2009 12:09:49 PM PST by dennisw (Archimedes--- Give me a place to stand, and I will move the Earth)
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