HANSON: Maxing out a crisis card

The Washington Times ^ | March 15, 2009 | Victor Davis Hanson

[Scanian]

Imagine that last fall before being elected, Barack Obama had outlined the positions he has embraced since being inaugurated as president. An honest campaign speech could have gone something like this —

”As we approach Election Day, the American people should not waste the crisis we find ourselves in.

“Consequently, if elected, I promise to get us over the Bush financial meltdown with a stimulus program that will borrow $787 billion - which, of course, will add to the already sizable budget deficit (nearly $500 billion) projected in the Bush administration's last budget.

“By March of next year, my new $3.6 trillion budget will include a spending bill with more than 8,500 budget earmarks to target in-need constituents.

“In addition to the stimulus/borrowing plan, I intend to devote $634 billion to fund a new supplementary national health-care system. But that is not all. Unfortunately, the initial Bush bank bailout of some $700 billion also may well have to be augmented by an additional $750 billion.

“Although my new spending proposals may raise the federal deficit in my first year to $1.75 trillion, I promise the American people that by the end of my first term, I will halve the federal deficit - albeit adding another $3 trillion to $5 trillion to the national debt.

”Those savings can be accomplished by upping the federal income tax to about 40 percent on those rich 5 percent of Americans who currently pay only 60 percent of our aggregate income taxes - as well as lifting Social Security caps on their payroll taxes and cutting out many of their tax deductions.

”With state income taxes, federal income tax, Social Security and payroll taxes, along with new cutbacks in deductions, some of these rich will pay over 60 percent of their incomes in taxes

[xcamel]

elections have consequences..

[rellimpank]

-ping-

[Admin Moderator]

Please use complete, original headlines.
Please note the topics I chose for this column (Misc was removed).

[dennisw]

Never believe someone who has spent his whole life talking, not doing. This is classic conman

[Paladin2]

0be could not be doing this without the complicity of Congress.

[Need4Truth]

Throw in some promises to engage in targeted attacks of TV and radio personalities who oppose my programs...

[Who is John Galt?]

0be could not be doing this without the complicity of Congress.

Congress could not be doing this if Obamao actually kept his campaign promises...

[Condor51]

Obama lied, people died.
Impeach him and send him to the Hague!

(wait a sec ... I must be spending too much time at DU) /s

[bvw]

"Savings" -- an archaic noun, and the Resident Usurper further perverts it.

• "This budget is a lesson in fuzzy math," House Republican Leader John Boehner said, "creating phantom savings for money they never intended to spend in the first place."
• "It's like a family trying to claim savings of $10,000 by assuming a family vacation and not taking it," said Brian Riedl, a senior federal budget analyst with the conservative Heritage Foundation.

I say theft is theft and fraud is fraud no matter what elected office a man may hold. He should be prosecuted!

Source above quotes: http://www.foxnews.com/politics/2009/03/02/republicans-expected-war-savings-obama-budget-suggest-fuzzy-math/

[bvw]

I asked this over at Yahoo!Answers:

Why are the Chinese worried about US T-Bills?

Could it be because the US is now completely in the hands of thieves, fraudsters, con-men and inherently corrupt -- for example (pay attention to order) Obana's Treasury Security Tim Geithner, Federal Reserve Chairman Ben Bernanke, Resident Usurper Barack Obama, and Congress -- every Democrat and RINO in the Senate with all except a few Democrats in the House?

How much should the chicken broker value new Farmer Obama's chickens as collateral for a loan, when he knows Farmer Barack is a notorious PETA activist ovo-lacto-vegetarian and an animal lover who boards rescued foxes in the chicken house who was given charge of the farm by a dotty old aunt once his uncle died?

A senior security holder would force the farm into bankruptcy and race like a madman down the dirt roads to take over the operation ASAP, rather than wait to see what the outcome might be. That's what I think. anyway.

So why are the Chinese worried about US T-Bills, eh?

[pennboy]

I think most of us saw much of this coming, but in my case, family and friends said I was over reacting and fear mongering. His socialist tendencies< I was told, was a scare tactic. Oh really?

[culpeper]

It was amazing how people refused to see what was right in front of their eyes.

[Tolik]

Thanks. The VDH ping list was pinged to this article here: http://www.freerepublic.com/focus/f-news/2204541/posts

But, more VDH the merrier