Posted on 11/26/2009 7:49:42 AM PST by XHogPilot
When it comes to the problems facing this country, an old slogan comes to mind: "You Ain't Seen Nothing Yet."
High unemployment, the recession and a terrorist resurgence in Afghanistan are bad enough. But there are a number of problems on the horizon that could dwarf President Obama's first-year trials.
Why the pessimism? In short, we are doing nothing to prepare for the crises to come.
(snip)
Finally, there is an array of taxes on the horizon -- increased federal income tax rates; promised hikes in health-care surcharge taxes; and even rumors of value-added federal sales taxes. These increases are said to be aimed at the proverbial wealthy. But that could change -- given that the top 5 percent of households already provide 60 percent of the nation's income-tax revenue. And many are already paying 50 percent to 60 percent of their incomes in combined local, state, federal and payroll taxes.
Just consider. The price of gas will soon likely increase. The cost of servicing our profligate borrowing will, too. One more terrorist attack like at Fort Hood, or nightly sermons from a grandstanding Khalid Sheikh Mohammed, or a new Taliban offensive, and the momentum could shift to radical Islam in their decades-long war against the United States. Next year's tax hikes will be real and large -- and no longer just this year's idle talk.
As these storm clouds gather, Congress bickers on Saturday nights about borrowing even more money for health-care reform, yet another federal entitlement.
If you thought things have been rough so far, hang on, 'cause you ain't seen nothing yet.
(Excerpt) Read more at realclearpolitics.com ...
Happy hour is over!
And to that add a PS. There is nothing in the wings to encourage businesses and individuals to create new products and services and thus to create new jobs. In fact, everything the current administration is doing or contemplating will do just the opposite, discourage such activity. Sad, but true.
Guess who that someone else is?......you, me, our children, grandchildren, and great grandchildren.
It’s long past time to “flush the toilet” in Washington, D.C.
It’s not just DC. Many big businesses are enthusiastic partners of big government. My local private utility just joined a carbon offset lobbyist coalition set up by the Natural Resources Defense Council (or whatever they call themselves). Rather than joining the Chamber of Commerce, they’re spending millions to support the fraud.
I’m beginning to think that only a patriotic military coup is enough to shock this country out of its mess. I think that nearly all meaningful institutions have joined with the madness.
The rich will at first, move to low tax states, and eventually, leave the country.
The obama Co. business model is to set us up for the fall and then let nature take its course.
It reminds me of a once healthy, robust body now weakened by internal parasites, leeches and blood sucking insects.
It's only a matter of time before a minor infection comes along and kills it. Such is the way of socialism.
MFLR.
Quite frankly, I can't think of a thing.
We are truly swimming in dangerous waters.
Speaking to the first item you’ve mentioned: Avista, the inland Northwest utility serving the Spokane area has declared its support for cap-and-trade. Evidently, they’ve calculated that they’ll make out like bandits. Scum.
As to the second item, I agree. It will take nothing less that military intervention to rid ourselves of the new totalitarians who now control the apparatus of the American state. Military intervention and a general ‘housecleaning’ of Biblical proportions. When it goes down, as I expect that it will, it’s going to be an all-in bet for all of us. In terms of preparedness, I think I’m holding a pretty good hand.
Quite frankly, I can't think of a thing.
We are truly swimming in dangerous waters.
You can only reach one conclusion based on the facts.
You’re whistling past the graveyard of our Republic. Fair and free elections are a thing of the past. Check your premises. You’ll find that many of them don’t apply to what Glenn Beck calls the ‘new paragigm.’
nuttin
It seems like they can’t do it fast enough.
Taxation...obviously has nothing to do with “tax revenue” but with solidifying the “purchase” of the Federal gov’mt by the oligarchy.
bump & a ping
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