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EDITOR OF REDSTATE

Let’s Party Like It’s 1917

The DNC’s logo for the 2012 convention struck me, when it first came out, as “Soviet chic”, a trendy style that’s been making its way around leftist protests from Wisconsin to Washington.

With Barack Obama’s class warfare speech yesterday, it seems the President’s 2012 campaign theme will be to party like its 1917. In a speech right out of a European socialist’s playbook, Barack Obama kept referring to basic fairness when demanding job creators pay more in taxes. Consider Obama’s online mouthpiece, Think Progress, rushing to his defense by, in essense, saying Obama’s plan isn’t class warfare because it does not go as far as the Communist Party of Great Britain in 1929.

You actually should read the Think Progress post because actually what the writer claims is “strikingly different from a modern progressive agenda” is actually pretty darn similar, including an income tax to confiscate capital income — something Obama’s Buffett tax seems to do.

In any event, what Barack Obama nor any other leftist can answer is one simple question — when the top 1% generate 20% of the income and pay 40% of the taxes in this country, what exactly is their fair share?

But now it gets even worse. Yesterday I told you Obama wants to use General Motors as a distraction from Solyndra. Today it appears he is using Warren Buffett to distract us from raiding banks to line General Motors’ pockets, or at least the government’s because of the GM bailout.

In Barack Obama’s deficit plan, he intends to raid American banks to make up the losses from the auto bailout. There’s just one problem. While hiding behind TARP to justify this raid, with costs that will be passed on to consumers, Obama is punishing the most successful banks putting them in a position to fail. At the same time, the Dodd-Frank bill guarantees no bank is too big to fail, so he is creating another bank bailout situation.

Basically, the President wants to raise fees on banks with more than $50 billion in assets, i.e. the most successful banks. The weak banks that benefitted the most from TARP will not actually be the ones to cover the auto bailout’s losses. The rich banks that needed the least help will shell out to cover the auto bailout and then find themselves among the ranks of weak banks.

It’s not just individual wealth redistribution the President is championing here. He’s picking winners and losers in the free market and ensuring that some of the winners he does not like are forced to become losers. It’s corporate wealth redistribution to corporations the President picks.

Considering both the inflation the American people are experiencing and the taxation Barack Obama wants to impose, you’d be forgiven for thinking he said “The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” Of course, that was Vladimir Lenin. Too inflammatory for you? Just go back to Think Progress and consider, in their claims that Obama’s position is too mild to be considered class warfare, just how similar Barack Obama’s new tax schemes are to the Communist Party of Great Britain in 1929 — complete with a “graduated income tax to confiscate capital income”, i.e. a necessary component of any surtax on millionaires just for the sake of taxing millionaires.

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COMMENTS

  • SoFiMil

    Creepy.

  • craigbardo

    With effectively 15% of adults not working and almost half paying no federal income tax at all, who is the audience for your message? Moreover, what text book, public school teacher, university professor or media outlet ascribes the suffering in Cuba, human rights violations in China, depravation in North Korea or Zimbabwe to anything other than the unfairness of “capitalism” or the fault of anthropogenic climate change? Obama has an audience receptive to collectivism, statism. How many of us are familiar with socialism/communism enough to bat down the appeal it may hold for a populace prepped, like David Brooks confessed, to being duped by the rhetoric of “fairness?”

  • http://www.hakubi.us/ Neil Stevens

    No fair baiting the moderators with a comment title like that :)

  • http://www.doctor-bob.biz rsklaroff

    …you can conclude the message has permeated the Lefties.

    That is what is now occurring on “Morning Joe” [although not during the evening shows, which haven't yet even discovered Solyndra]. Scarborough has gotten Ratner to admit this scheme is “progressive,” and the “fair share” phrase was subject to ridicule. Rattner’s defense [noting that BHO only targets the $25K-threshold]. He was also forced to admit that the proposal is a campaign bumper-sticker, recognizing that nothing was to be implemented until 2013. His defense is that these issues must be addressed, and Mika [predictably] supported him blindly, but he wasn’t nailed-down [so far, but it's only 6:16] on spending [entitlements, burgeoning during past two years, etc.].

    Rattner even admitted “you can call it ‘class warfare’ if you want.” Scarborough tried to point-out that “fairness” is less important than jobs-creation, but to no avail…even when he claimed BHO is trying to control the limits of personal income. Rattner then claimed that this plan is intended to reverse the trends during the past decade that favored the wealthy [which wasn't rebutted, because he posed his claims rhetorically]. He concluded that, “in fairness to the President,” he decided to discuss what even Barnicle had recognized as necessary, namely, whether he is obsessed with “punishing the rich.” His endpoint was the customary “Washington is broken” instead of attempting to apportion responsibility as to how it should be fixed.

    I have concluded that BHO and his supporters are beginning to exhibit psychotic behavior, referencing the “four A’s of Bleuler.”

    http://medical-dictionary.thefreedictionary.com/Bleuler

    The characteristics are: ambivalence, associative disturbance, If I’m correct, then this departure from dealing with reality offers us an opportunity to adopt a “therapeutic” posture that both advances the cause of enlightenment and clarifies the 2012-issues.

    If the CBS-polling is accurate [per Dick Morris], BHO’s personal support [eating into his core] is finally eroding, so what needs to be the focus is being prepared to pounce as truth-tellers while referencing core-values. Thus, @ the end, an opportunity to nail-down Rattner was ignored [after he admitted spending had to be cut...but recognizing this would "cost jobs"]; Joe was too-polite [aided by Mika, who diverted to discussing the guest-list] when he didn’t follow-up [government jobs cost too much, per the stimulus, etc.].

    The point, here, is to send a message that is applicable THIS YEAR among local races, that “Democrats cannot be trusted with money” at ALL governmental levels. Just like Maddow had to admit that the 2010-tsunami had affected state-level government dramatically, we need not target NEXT year…when we can start motivating people THIS YEAR.

    This approach need not overtly invoke characteristics of the TEA Party Movement, and it need not be tethered to support for Perry [which can be deferred until the wintertime, if choices must be made pubicly]. Self-proclaimed “Independents” must be confronted aggressively with the lack of reality-testing that Politically-Schizophrenic ideologues necessarily exhibit. If slick-guys such as Rattner can be undermined–even after he hides behind his selective database–then conversations with people who harbor a self-image of open-mindedness can refer to The Forgotten Taxpayer as a pivot-point [without getting into the Austrian School].

    I’ll close with reference to how the 6:25 a.m. Politico-commentary was processed. BHO was said to be manifesting the polling-popularity of soaking the rich [the character of which wasn't properly parsed], but it is admitted by those in the White House that this won’t create jobs [while rallying the base]. Even some of the “small wins” [$ for vets, etc.] intended to be bipartisan are a shroud for trying to frame the politics of GOP-rejection, praising the prescience of Clinton during the Sunday talk-show blitz. But, even if they “run against Congress,” they will lose the POTUS position; all we need to do immediately is to note that BHO would prefer to campaign than to govern effectively.

  • http://www.doctor-bob.biz rsklaroff

    “$25K-threshold” should, of course, be “$250K-threshold.”

    This actually illustrates another point that the MSNBC-crowd [including Philly's version of a Specter-Republican, Smerconish, who covets a slotted-stint] conveniently ignores, and that is the issue of differentiating “$250K-threshold” and “millionaires/billionaires.” That small business-owners are within these limits was dramatized by O’Reilly [although he didn't go far enough, last night, when he suggested he might decide to retire-early...rather than noting that people with a going-operation won't decide to expand], but this concept of job-creation has consistently been ignored by BHO-acolytes.

    My overall point remains that opportunities abound to enlighten [and to strengthen the arguments of our putative-supporters], and there is no reason to procrastinate delivering this intense-message until 2012.

  • http://impudent.edublogs.org/ kyle8

    the majority of people are not fooled by it. Most Americans poll decidedly center-right. Usually they are fooled into thinking a left wing politician is really a moderate.

  • http://www.doctor-bob.biz rsklaroff

    “ambivalence, associative disturbance, autistic thinking, and affective incongruity” are the aforementioned “4-A’s.”

    The type/paste was incomplete, with regard to Bleuler.

    Think about it. The D’s have exhibited ambivalence regarding the jobs proposal [with Reid admitting it may not even pass when presented piecemeal in October]. When discussing the situation, the D’s keep changing the subject, rather than staying on-point [noting even the David Brooks column, which Howard Dean had difficulty refuting: "BHO isn't a liberal...there are no liberals any more, except myself." He claimed that the R's will be again be a party-of-"no" but he forgets that the GOP will be voting affirmatively for its program [in the House, where $-bills originate]. The autism and flat-affect are both manifest in Dana Milbank’s column, which concluded BHO is appealing to the heart rather than to the cerebrum…as self-referential as anything could immediately be depicted to be. And one’s overtly-exhibited mood is normally not dissociated from one’s currently-experienced emotions.

    Thus, again, knowing that BHO is driving himself [and his pals] batty, it would appear that this advantage must be pressed on all governmental levels ASAP.

  • beach91

    You craigbardo are completely oblivious to the unfairness of socialism/communism. Unfairness of capitalism?? Please! what a joke as capitalism has brought untold prosperity to millions.There is a reason that China is ‘moving’ to more capitalistic ideas and the fact that Russia bombed..doesn’t work. Take your ilk elsewhere.

  • http://www.doctor-bob.biz rsklaroff

    …actually relates to the prior post, rather than starting a new thread.

  • jkines

    The last candidate to run on a platform of tax increases was Walter Mondale in 1984, and we all know how that turned out. The Republicans should relish the opportunity to run against a president proposing $1.5 trillion in tax increases in this economy. Ads on job killing taxation will abound, using the President’s own words, and the President’s support will crater even more than it already has.

  • edintexas

    he forgot to add //end sarcasm// to his post.

  • http://www.doctor-bob.biz rsklaroff

    Craigbardo is noting that the GOP must guard against a visceral decision that could transpire en-masse next year; will the recipients of Obama-Money decide to re-elect their pseudo-breadwinner…when they constitute half of the electorate?

  • ombd

    With all the acrimony that his campaign prop errr debt plan has caused, might it be time for another beer summit? Then we can party like it’s 2009! A (not so) fond look back …
    http://www.ombudizen.com/2011/09/20/whales-tales/

  • Marcus_Traianus

    1. Record unemployment. Historic!
    2. Record increases in the deficit. Trillions! Historic!
    3. Nationalized health care. Increasing medical costs, destroying care quality. Change!
    4. DOJ run amuck. “Fast and Furious”. Black Panthers voter intimidation, usurping states rights. Back door illegal immigration. Hope!
    5. Stimulus! Son of Stimulus! Rejected budgets! Corporate bailouts! Let’s party!
    6. Regulation lollapalooza! CO2 regulation- don’t exhale! Energy industry destruction- dust off that bike! Dodd-Frank- those evil banks, get em’!

    Have fun! There are so many accomplishments, this subject needs its own thread!

  • izoneguy

    Is it will never pass the house.
    Obama knows it won’t pass the house.
    He will use that as his platform in 2012.
    Evil Republicans destroying your dreams of free money
    from the government.

    Now the Republicans need to hit back hard and
    say that Obama is toast. Nothing will get done
    as long as he have a re-distributor as President.

    2012 will be exciting and dreadful at the same time.

  • beach91

    I did not see your comment as sarcasm at all! I am glad it was though!

    I agree that a lot of the electorate will go for Obama cause of the freebies on the backs of those that actually work and/or invest.

  • gwalt

    Seems like gas is stuck at 3.50-4 a gallon. This could be a defining issue into next year. If American Crossroads or some other group could resurrect the campaign (There was some movement that suggested people put sticky notes on gas pumps blaming ?bama) and show how ?bama has shut down the Gulf leading to higher prices on basics such as bread and milk, that would be the proverbial anchor on his neck.

    That and start a media campaign against the media. Call it DoD Media—Dereliction of Duty.

  • bobojake

    as he RESIGNED rather then being IMPEACHED. obama knew his name is going to have trouble carrying a Dead Voters Chad from a Paper Ballot so he invoked buffet. I really wonder how much buffet likes being linked to the obama-buffet principle tax. I ask everybody to use obama-buffet tax to remind whos foney TAX it is. The obama-buffet principle reminds me of “The Peter Principle”

  • gekster

    I know he resigned, but forgot why.

  • Jack_Savage

    The House absolutely, completely, totally needs to wait on the Senate before they even make a whiff of a suggestion of a comment on this fiasco. Let the Senate Dems cannibalize each other before we utter a word.

  • barron44

    Now we see a new, naked, unabashed thrust of class warfare being perpetrated by Obama against the achievers and job-creators of this country, through the tax tyranny of his new fiscal proposals.
    We can also truly see that now, as his pastor, Jeremiah Wright, predicted, ?The chickens are coming home to roost.? Is there any doubt that the Saul Alinsky Avatar is alive and thriving in the highest office of this country? Alinsky taught Obama well. ?You shall create a mass organization to seize power and give it to the people.? The mass organization of course is the federal government, its massiveness and intrusion enhanced by Obama. The people we already know are the ?chosen? ones?the labor unions, the non-producers, the non-citizens, those dependent on social programs, anyone who is not willing to voluntarily give up his freedoms, his liberties, and his unalienable rights.

  • spinoneone

    since the 0 is up to his usual demagoguery wherein the truth is the first victim. First, the “income tax” is levied on WAGES, and not on all income. That means that capital gains, interest, and dividends are taxed at different rates. That says nothing of the corporate profits tax, which is 35% today. Oh, and that money distributed as dividends is taxed twice, first at 35% on the corporation’s profits and then at whatever the rate is for the dividend recipient.

    Second, the employee’s 7% contribution to SSI stops at $106,000 while the levy for Medicare/aide has no limit. The average family of four with a $100,000 wages only income will pay a TOTAL Federal tax bill, SSI, Medicare, and Income tax, of less than 10% because of earned income and child benefits. Oh, yeah, below $62,500 the net Federal income tax is zero and then, as income falls, becomes a positive contribution to the wage earner.

    Third, the 0 does not take into account regional cost differences. A person earning $250,000 in western Kansas is pretty well off. The same wage earner in Manhattan is just lower middle class.

    Finally, any “surtax” will become permanent no matter whether it is touted as “temporary.” Just look at the Alternative Minimum Tax which, in the early ’70s, was supposed to impact on 21 individuals and now captures 20 million!

  • johnt

    And I’m sick of Buffet, the guy who’s been fighting the IRS for six years. If he really feels for that legendary secretary of his, pay her a $million, he’s got the money.
    There probably isn’t a semi-literate in America who believes only the rich will have their taxes raised, it’s the ultimate, age old, boob bait.

  • Tbone

    for doing a little damage control about a minor breaking and entering case. Now, compared to Fast and Furious and Solyndra, Watergate was more like a fart at an inappropriate moment.

  • gekster

    But I wanted to know what makes Nixon corrupt in bobojakes’ eyes.

    Is he going on fact, or the leftist teachers view.

  • carolina

    from all of these tax increases. I keep waiting for the ‘sane’ dems to revolt.

  • bobojake

    NT

  • ag8tor

    to pay the taxes of myself and others if he feels so bad about not paying enough. That may be the bonehead statement of the century by a Billionaire!

  • Tbone

    Corrupt typically implies financial misdealing.

  • funwithknives

    Children get REAL Cranky, and do lotsa’ stupid stuff. If those who are on the gravy train see it leaving and not coming back , WAADYA think will be the visceral reaction?
    Michigan, new legislature, and Gov. Snyder signking, just passed a law limiting welfare benefits to a 4 year span. Now, let’s see the move-outs begin. Those will be the compliant ones. What about the rest?
    Call me uneasy, and you’d be correct.

  • runner12

    Tax the rich….
    Redistribution of wealth…
    Pay your fair share…..
    Evil millionaires and billionaires….

    Anyone who says with a straight face that this man is not a neo-socialist is either a.) uneducated or b). lying.

    The only good news is that the American people are no longer listening to anything Obama has to say. I was not alive during the Carter years, but as far as my lifetime goes this guy is the worst President.

  • westcoastpatriette

    If our republic wasn’t as strong as it is, Obama would succeed with his plans to transform us into a socialist country. In a way, all of this is good for the country as naive Americans are getting a taste of what it would be like to live under a dictator. Maybe it will motivate them to appreciate and be grateful for our freedoms more.

  • bobojake

    or shred EPA Records like Browner did in the Clinton adminstration and then obama hired her as a CZAR. Im my humble opinon all 3 are CORRUPT kind of like a corrupt trifecta.

  • travis690

    If the Occupant-in-Chief at 1600 Pennsylvania Avenue wants me to pay more to subsidize his failure than I already do, I will not be able to hire any employees that he is jabbering about.

    The 10 best words Obummer could say today: “Effective immediately, I resign as President of the United States.”

  • hero43

    Your comments are correct — but believe the actual percentage of non workers, if measured, by the 1930s criteria is 22% to 23%.
    Peak Depression unemployment was 24.5 %. Obvious bad times and high unemployment were the mark of a Recession then the conclusion is obvious that this is not a recession but a depression.
    Just more government dishonesty. News media keeps up the chant, ‘Not a depression, all is well, Obama is not really the worst of the worst. He’s just another progressive (socialist) with bad luck to follow a financial liberal globalist republican president.’
    Time to wake up and stop watching liberal new media and buying newsprint not fit to read. You become a patriot when you stop supporting liberal news. The internet is a much better source of the truth.!

  • Tbone

    As for conflating Nixon with the other two, don’t do that. It is a stupid argument.