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Obama Begins His Assault on Your Life Savings
Townhall.com ^

Posted on 02/23/2010 10:41:42 PM PST by TruthHound

The welfare state and your life savings are two cars heading down a one-lane road in opposite directions. One must yield, or there will be a crash.

For Americans who believe in the old-fashioned virtues of hard work, self reliance and respect for private property, the solution is obvious. The welfare state must yield.

For politicians who believe in the welfare state and redistributing wealth, the solution is equally obvious. Your savings must yield.

Barack Obama is of the latter group. In the new health care proposal he outlined this week, he suggested a series of unprecedented tax increases that would extend the greedy hands of government into the life savings of hard-working Americans.

These new taxes would essentially construct a new fiscal pipeline capable of carrying money out of the savings of private citizens and dumping it into government coffers specifically for subsidizing Medicare under the new health care system Obama envisions. The White House summary of Obama's proposal presents this would-be pipeline as a facilitator of economic justice.

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


TOPICS: Business/Economy; Culture/Society; Government; Politics/Elections
KEYWORDS: cw2; healthcare; impeachobama; military; obama; obamacare
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I will have to work until I die. Reparations are bleeding me dry. Thanks Dubya.
1 posted on 02/23/2010 10:41:42 PM PST by TruthHound
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To: TruthHound

A strong and Inspiring video. Please pass around.

http://www.youtube.com/watch?v=JVAhr4hZDJE


2 posted on 02/23/2010 10:42:54 PM PST by ExTexasRedhead (Clean the RAT/RINO Sewer in 2010 and 2012)
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To: TruthHound

LOL!
“Bush’s fault”.


3 posted on 02/23/2010 10:44:34 PM PST by Lancey Howard
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Who is the legal Eagle here?

When will it be time to seriously impeach this guy?

4 posted on 02/23/2010 10:49:00 PM PST by NoRedTape
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To: TruthHound

“...construct a new fiscal pipeline capable of carrying money out of the savings of private citizens and dumping it into “ the hands of corrupt and evil men who call themselves “representatives” and “bankers” who steal all they can from working Americans, to throw us into slavery while they eat and drink to excess.


5 posted on 02/23/2010 10:49:05 PM PST by TruthConquers (Delendae sunt publicae scholae)
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To: TruthHound

There’s only so much they can do. If they force returns to become negative, people will buy gold and diamonds, bury them in the yard, and arm to the teeth. You can’t tax what you can’t find or prove exists.


6 posted on 02/23/2010 10:55:34 PM PST by Uncle Miltie (Liberal Massachussetts says: "FUBO!")
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To: TruthHound

FUB0!!!!!!!!!!!!!!!!!!


7 posted on 02/23/2010 10:55:57 PM PST by unkus
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To: NoRedTape

When will it be time to seriously impeach this guy?
***********

Not before the Pubbies have control of Congress, and even then they would need a smoking gun, or else we are going to hear those vague rumblings we heard about the Hawaiian BC issue- riots in the cities. (Not that that bothers me- the herd needs to be culled).


8 posted on 02/23/2010 10:57:32 PM PST by Canedawg (FUBO! Just FUBO.)
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To: TruthHound

Medicare HI is part of the FDR welfare state to begin with. In essence, he’s robbing from the welfare state to pay the welfare state.


9 posted on 02/23/2010 10:57:45 PM PST by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: NoRedTape

I favor starting yesterday...

High crimes and misdemeanors.

If he hasn’t committed enough of them by now, he will have done so in another week or two.

A.A.C.


10 posted on 02/23/2010 10:58:57 PM PST by AmericanArchConservative (Armour on, Lances high, Swords out, Bows drawn, Shields front ... Eagles UP!)
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To: TruthHound; bamahead
Medicare HI is part of the FDR LBJ welfare state to begin with. In essence, he’s robbing from the welfare state to pay the welfare state.

Oops.
11 posted on 02/23/2010 10:59:15 PM PST by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: Canedawg

Agree.....


12 posted on 02/23/2010 11:00:51 PM PST by Squantos (Be polite. Be professional. But have a plan to kill everyone you meet)
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To: AmericanArchConservative

At this rate, either 0bama goes or America is lost. Something MUST give.

Invest in lead.


13 posted on 02/23/2010 11:03:02 PM PST by unkus
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To: Canedawg

Arggggghhhhhh! We are so sadly misguided with this fake PreZidEnt. Pathetic doesn’t even describe this clown....and Pelosi and that weasel Reid......


14 posted on 02/23/2010 11:04:14 PM PST by NoRedTape
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To: TruthHound
This is only the beginning. The fix for Social Security is going to be similar. They will raise or eliminate the cap on FICA, but your benefits won't go up. Just wait for means testing benefits.

"Why do you need Social Security benefits? You are rich."

15 posted on 02/23/2010 11:04:28 PM PST by USNBandit (sarcasm engaged at all times)
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To: TruthHound

Puttin’ a posty-note here for reading later when I can handle more bad news.


16 posted on 02/23/2010 11:05:01 PM PST by CaribouCrossing
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To: TruthHound

What part of the Constitution has Zer0 failed to rip up?


17 posted on 02/23/2010 11:11:29 PM PST by jonrick46 (We're being water boarded with the sewage of Fascism.)
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To: Canedawg

Smoking gun?? Right now there is so much out there on him - it is a burning Gustov.


18 posted on 02/23/2010 11:12:57 PM PST by Blonde
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To: jonrick46

19 posted on 02/23/2010 11:13:50 PM PST by paulycy (Demand Constitutionality.)
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To: TruthHound

Did you vote for 0bama?


20 posted on 02/23/2010 11:17:18 PM PST by Post Toasties
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