Posted on 03/03/2009 6:26:08 AM PST by IbJensen
The swooning media were enraptured by President Barack Obama’s soaring rhetoric in last week’s address to Congress despite the speech’s total lack of substance. They never bothered to ask “Where’s the beef?” in all those oratorical flourishes.
In this case the beef is the money it will take to pay for his grandiose plans and programs, and that money is allegedly lining the pockets of those who dare to earn $250,000 or more a year.
No matter that if you took every last cent of their earnings you would still not have enough to begin to pay for the ultra-exorbitant spending agenda he laid out in his speech. The bill for that extravagance will be paid by our children and grandchildren.
As he described it, only those in the $250,000 and above bracket will see their taxes increased. They will pay for such programs as government-run universal health care and education. The other 95 percent of the people, many of whom don’t pay a penny in taxes, will get checks in the mail — rebates for taxes they don’t pay.
What this means is the top 2 percent will nearly carry the full load while the bottom 95 percent will live nearly tax free, thus guaranteeing Mr. Obama their undying support and their votes.
He is trying to maneuver that 95 percent into supporting taxing the top 2 percent to pay for everything they’ll get.
Mr. Obama is deliberately attempting to create an economic system where more people live off the government than by their own efforts, thus creating a permanent underclass utterly dependent upon the largesse of the government and therefore ever-beholden to it.
This gigantic voting bloc can be depended upon to march obediently to the polls and vote to place the full financial burden on the top 2 percent of American wage earners.
During George Bush’s administration the president allowed the war to get in his way of vetoing anything coming out of Congress no matter what it cost.
He so needed the support of Congress for the war that he allowed them to engage in an orgy of unrestrained spending. This took the traditional Republican issues of lower taxes and less government spending off the table, leaving the GOP with the stigma of fiscal irresponsibility.
That makes it difficult for the GOP to claim they are the nation’s guardians of financial responsibility even when faced with an outrageous bill in the House with a price tag of $400 billion that is loaded with 9,000 earmarks. That’s 3,000 more earmarks than were in the spending bill that got George Bush in trouble.
Yet President Obama, who claims to be a dedicated foe of earmarks, says he’ll sign that pork-laden bill because he wants the support of Congress for all the burdens he wants to put on the backs of the top 2 percent of Americans.
In his speech the President laid the blame for the budget deficit on the past administration, blithely ignoring the fact that it was his party that controlled the Congress that rolled up that deficit since winning control of Capitol Hill in 2006. They were running the show that produced that deficit and that’s where the blame lies.
From now on, the blame for huge unfunded deficits, borrowing from future generations —Sen. John McCain calls it “generational theft” — and the economy-deadening taxation of the productive sector will lie squarely on the shoulders of Barack Obama.
...who will have no inheritance from their parents and grandparents as the sappy Marxist, grinning simpleton has completed the job of destroying the savings of those who took care of themselves!
Michael Reagan can't be that dumb to make such a statement. Everyone will have to pay more taxes, i.e., get skin in the game. They will be in the form of increased utility costs [the result of cap and trade], the expiration of the Bush tax cuts, and higher costs of goods and services as businesses pass on increased overhead to the consumer. And add to that "sin taxes" like the 61 cents added to every pack of cigarettes. You ain't seen nothing yet.
They fail to realize that tax increases affect all. That is, excepting the 'working' poor.
Rush had the right idea a few years ago: increase taxes on those earning lower wages to encourage them to be ambitious.
Actually, it was boring rhetoric.
Bozo is always boring. It’s the short, jabbing little lines and the way he delivers them that excites the idolizers to orgasm.
Bozo is always boring. It’s the short, jabbing little lines and the way he delivers them that excites the idolizers to orgasm.
Hiccup
Taxes are not limited to just those on income. In fact, taxes on goods and services are the most regressive and fall primarily on the "working poor." Increased taxes on gasoline, utilities, goods, etc. fall more heavily on those on the lower end of the economic spectrum because they have less disposable income. When you tax essential goods and services, the working poor feel it the most. And make no mistake that the payroll tax is really an income tax no matter how you try to package it.
We need to think up a catchy phrase to "rebrand" Obama's agenda, to label it more truthfully than he does.
Something as memorable and eye-opening as "Where's the Beef."
I want to be positive, but this may well be the beginning of the end of our Republic. Lots of victims out there and greedy too. The richest corporations in the world are taking hand outs why wouldn't the poor who have been kept down by the man?
I watched -part- of his speech and had a funny thought come to mind. Have you ever watched a poorly dubbed japanese movie where their lips move for 10 seconds and the dubbed voice says: “Yes, I see”
Obama’s lips moved for 90 minutes.
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