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Obama's Assault on the Middle Class
The American Spectator ^ | May 2009 | Peter Ferrara

Posted on 05/16/2009 2:15:41 PM PDT by pleikumud

The Obama administration itself estimates that cap and trade will involve increased costs from 2012 to 2019 alone of $645 billion, and admits in its own budget that the actual costs could be much higher than that, depending on permit prices over those years. Indeed, other estimates put the costs three times higher. So the increased burden on each Ameri can over this period alone would be $2,100 to $6,300. For a family with two children, that would be $8,400 to $25,200, with much more to come after 2019. These increased costs are effectively a new tax on the American people, even though Obama promised in his campaign that there would be no tax increase for the bottom 95 percent of income earners.

(Excerpt) Read more at spectator.org ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: 111th; agenda; americanspectator; bho44; bhotaxincrease; capandtax; captrade; co2; congressmorons; ferrara; globalhoax; idiocy; idiot; impeach; lostjobs; marx; middleclass; negativegdp; obama; second100days; socialism; tax; unemployment; warminghoax
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To: Renegade

who’s going to start it? answer, WE ARE


21 posted on 05/16/2009 4:38:33 PM PDT by peace with honor ( they)
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To: Windflier

How about starting with books.

“Heaven and Earth - Global Warming: The Missing Science”
by Ian Plimer

is a good place to start. I have never, ever seen the global warming lunatics put so firmly in their place (and into historical context). Dr. Plimer is an Australian Professor of Geology and provides over 2,000 footnote references to back up his assertions. No one in their right mind who reads this book could possibly subscribe to the human induced global warming nonsense.


22 posted on 05/16/2009 4:40:03 PM PDT by Nipfan (The desire to save humanity is always a false front for the urge to rule it - H L Mencken)
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To: pleikumud
His assault on middle class has started on all fronts. Closing of car dealerships selling large and midsize American cars is a ploy to get us all into the little electric puddle jumpers advocated by greens.

Locally, Alabama Power failed to renew its contract with local coal mines. More people out of work (high paying jobs in mining here)in this area that has already lost a great deal (most) of mfg.companies.

What they are using to produce electricity I do not know, but am sure it will cost more.

My husband heard on tv today that people earning over $35,000 a year will have a hefty income tax increase next year. I do not know if it was a pundit projection(probably) or an announcement from the govt. "O" has already laid the ground work by announcing the present spending is unsustainable, while at the same time continuing to spend--latest is to bail out CA.

This admin. just wants to destroy capitalism and control everything.

vaudine

23 posted on 05/16/2009 4:42:10 PM PDT by vaudine
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To: TheConservativeParty

Crap and take, government health care and green energy will destroy America. The American people better hurry up and pull their heads out of the sand because they are running out of time.


24 posted on 05/16/2009 4:48:55 PM PDT by peeps36 ( Al Gore. Is A Big Fat Lying Hypocrite. He Pollutes The Air By Opening His Big Mouth)
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To: Nipfan

Books to read:

Climate Confusion, by Roy Spencer

Unstoppable Global Warming: Every 1,500 Years, by Dennis Avery and Fred Singer

Both can be found at amazon.com Not sure about public libraries, since both books rip up the man-made global warming hoax, and would not be politically correct for a county or city to purchase.


25 posted on 05/16/2009 5:28:11 PM PDT by pleikumud
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To: Renegade
There are a few states getting restless. It'll probably happen there first. Ole Honest Abe Obama may be faced with the biggest crisis our country has faced since 1861.

Maybe this is the big one Biden warned us about- at first we'll not agree with him but later will realize he's made the right choice.

Faith in the Feds has probably never been this low. From Hussein to Pelosi and Reid, I can't imagine a more disfunctional crew. Coupled with a crippled economy that they themselves played a major part in wrecking, this is really bad timing.

The various states should threaten secession until the fed understands their 'limited' role in the government of this republic. Afterall, they (feds) don't even exist when the 'pact' is dissolved. This administration is on thin ice but, to it's credit, it's Chicago pedigree may help them negotiate. It gets cold up there so having ice skates in the closet will help. We shall see.

26 posted on 05/16/2009 5:30:39 PM PDT by budwiesest (2010 had better bring some big changes.)
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To: expatpat

“Obama needs to remember that most revolutions arise from the middle-class.

...which is exactly why he (and all statists) are out to destroy the middle class.


27 posted on 05/16/2009 5:55:41 PM PDT by Constitutional Patriot (Socialism is the cancer of humanity.)
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To: vaudine
My husband heard on tv today that people earning over $35,000 a year will have a hefty income tax increase next year.

When the Bush tax cuts expire, the 10% bracket gets eliminated and other rates go back to BC rates.

28 posted on 05/16/2009 5:56:25 PM PDT by EVO X
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To: Constitutional Patriot

He can impoverish it, but he can’t destroy it in less than one generation. An impoverished middle class is likely to be very angry....


29 posted on 05/16/2009 6:08:50 PM PDT by expatpat
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To: AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; george76; ...
cap and trade will involve increased costs from 2012 to 2019 alone of $645 billion... the increased burden on each American over this period alone would be $2,100 to $6,300. For a family with two children, that would be $8,400 to $25,200, with much more to come after 2019.

30 posted on 05/16/2009 6:20:05 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: Nipfan
“Heaven and Earth - Global Warming: The Missing Science” by Ian Plimer

Thanks for the reference. Since the controversy over this half baked theory first began, I've been saving articles and bookmarking great websites that shine the light of scientific truth on AWG.

I've got so many now, that I have a separate folder on my browser for them.

I'll look up Ian Plimer's book.

31 posted on 05/16/2009 6:33:51 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Kudsman
People showing up with muskets would be asking to get shot as insurrectionists.

Not if several thousand showed up, intermingled with a hundred thousand pitchfork packing patriots.

Of course, more muskets would be even better.

I've been saying for a while now, that our window of opportunity is closing on effective peaceful protests.

If we don't manage to get the traitors in DC to resign, or to back off of their Marxist agenda through peaceful tea parties, then we'll have to take it to the next level.

We'll either do that, or simply roll over and give way to a tyranny that will destroy all that's been built here in the last few hundred years.

Those are our only choices.

32 posted on 05/16/2009 6:44:51 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: TMA62

IN another long time ago thread, I theorized that subconciously the American public wants to end PC and get it over with quickly rather than go about it slowly.

If we had elected McCain, we would have moved towards a more conservative country slowly, but surely.

However, with Obama we’re getting a bit of a purge mounting. There’s a lot of mounting anger and hatred for everything we’ve had ot put up with from the left for the past eight years, 9/11 was the shift that they keep ignoring and the citizenry are sick of their denial that we are in a new world, a world where we have to start making sacrifices.

After a couple years Zero’s legacy will be the final break with the liberal chaos and stranglehold that RINOs and these useless idiots in Congress have on the gates to advancement in either the party or country.

It’s actually happening and I think it’s pretty cool to be actually living in a time when history is shifting.

In the past, Perez Hilton’s snotty remark about Miss California would have gone unnoticed, but instead people are standing up and telling these Hollywood dips that they are no longer going to get away with this sort of behavior anymore.

People on the left are no longer able to get away with any of this anymore and I think we’re going to see a very different campaign during the next election.


33 posted on 05/16/2009 6:54:08 PM PDT by Niuhuru
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To: Windflier
Couldn't agree more. Care to join the discussion we are having on another thread.

see post 91. I'd be happy to hear any ideas you got.

34 posted on 05/16/2009 7:03:35 PM PDT by Kudsman (Thou Shalt Not Steal - Government hates the competition.)
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To: Kudsman
Care to join the discussion we are having on another thread.

Be right there...

35 posted on 05/16/2009 7:07:10 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Windflier

Cool.


36 posted on 05/16/2009 7:08:43 PM PDT by Kudsman (Thou Shalt Not Steal - Government hates the competition.)
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To: vaudine

That is what the idiots that voted for him wanted. They do not have the intelligence to realize that they will also be destroyed.

Soon the seeds that were sown on November 4, 2008 will be matured and ready to reap.


37 posted on 05/16/2009 7:30:28 PM PDT by sport
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To: Niuhuru

I sometimes think that the election of BO may be a blessing in disguise. The liberals are truly showing what they want to do with the country. The are showing their nastiness an intolerance openly. This is probably good for the young idiots and other fools that wanted to vote for a liberal. He could end liberalism once and for all if things keep going down the path that he is leading.


38 posted on 05/16/2009 7:45:22 PM PDT by dandiegirl
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To: dandiegirl

I felt that way too. I’ll try to find that passage I wrote and post it. I think it’ll give people an idea of what we’re going through.

Zero’s election was I think, a way for the majority to tell every jerk that now they have had everything they’ve wanted and expected gratitude. However, they’re asking for more and we have nothing left to give. Nor would we.


39 posted on 05/16/2009 7:49:54 PM PDT by Niuhuru
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To: All

Ten Years After - I’d Love To Change The World

http://www.youtube.com/watch?v=hUokMbJC3P8&feature=related


40 posted on 05/16/2009 9:01:10 PM PDT by sheikdetailfeather (We're Not In Kansas Anymore, Toto!)
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