Obama reluctant to “spend” tax cuts. Your income is his first.
Originally published by Mike gamecock DeVine as Legal Editor for The Minority Report
Heee’s Baaack!
Who?
The Marxist writ large of spread the wealth; hike cap gains rates no matter that rate cuts increases revenues; bankrupt the coal industry and teach Americans a lesson via higher gasoline taxes.
Not Karl (pictured).
Rather, your President-Elect.
He was raised by a Marxist mom, the dream of his father was Marxism and he lectured Joe the Plumber on the intricacies of same during the campaign.
We shouldn’t be surprised.
Here is the President-Elect in an interview this week with John Harwood on CNBC:
HARWOOD: Do you expect that the tax cut portion of your plan is going to grow in consultation with Republicans in Congress as you try to build more support for your plan?
President-elect OBAMA: You know, the attitude that I’m going to apply to the tax cuts is the same one that I apply to the investment package. And that is, is this money well spent.
This is taxpayer money, it is going to be adding to the deficit short term. And if we can’t justify it, then we’re not going to spend tens or hundreds of billions of dollars just to make somebody happy if it’s not good for the economy. And I’m going to apply that same rule across the board.
Barack Obama will apply the same rule to money the government has already collected to money you haven’t even earned yet, because “this is taxpayer money” (translated: government’s money”.
He will insist that it, tax cuts, “is money well spent.”
The whole liberal democrat oxymoronic meme of “spending tax cuts” is back, only this time not in a kook minority of Maxine Waters or Charlie Rangal.
No, its the majority now.
You see, before you even earn your money, it belongs to the government first and they choose whether to “spend it” or let you keep it. This turns the whole idea of Liberty, private property rights and limited government that creates the wealth that made this the greatest nation in history on its ear.
Its too bad that the leftists don’t apply this rule to the unborn as in Jeremiah 1:5:
“Before I formed you in the womb I knew you, And before you were born I consecrated you; I have appointed you a prophet to the nations.”
Instead, in the Book of Obama, its:
“Before you see it on the pay stub, I spent it.”
Mike DeVine’s Charlotte Observer, Examiner.com and Minority Report columns
“One man with courage makes a majority.” - Andrew Jackson
Arrogant Conceit: Obama Thinks He Can Reform The Economyon
izoneguy Friday, January 9th at 11:43AM EST (link)Signs of cracks in the cover provided by the MSM:
Arrogant Conceit: Obama Thinks He Can Reform The Economy
Obama’s Interventionist Reforms Go in Precisely the Wrong Direction
http://abcnews.go.com/2020/Story?id=6587400&page=1
Obama and Emanuel want us to believe that their blueprint for reform will bring recovery from the recession.
Yet, we have recovered from past recessions without undertaking a radical social and economic transformation.
In fact, reform would impede recovery.
Obama wants to act quickly. In the name of stimulating the economy, he plans to spend hundreds of billions of dollars the government does not have to convert the economy from carbon-based fuels to “green” alternatives. Even if that were a good idea — and it’s definitely not — it would not bring recovery. Any money the government spends must be taxed, borrowed or conjured out of thin air by the Federal Reserve, and that will reduce sound private investment.
Obama has no real wealth to inject into the economy. He can only move around existing money while inflation robs us of purchasing power. Meanwhile, private investors who might have produced a better engine, battery, computer, cancer treatment or other wealth-creating and life-enhancing innovations, hold back for fear that big government will undermine productive efforts.
The way to a lasting recovery is to greatly lighten the burdens of government. Then free Americans will save and invest.
Grand interventionist reforms go in precisely the wrong direction.
“When the government fears the people, there is liberty. When the people fear the government, there is tyranny.”
Thomas Jefferson
well stated izoneguy - nt
Mike gamecock DeVine Friday, January 9th at 1:49PM EST (link)Mike DeVine’s Examiner.com, Charlotte Observer and The Minority Report columns
“One man with courage makes a majority.” - Andrew Jackson
Don't give me the credit
izoneguy Friday, January 9th at 2:09PM EST (link)That was just an article I forwarded:
http://abcnews.go.com/2020/Story?id=6587400&page=1
Opinion By JOHN STOSSEL
“When the government fears the people, there is liberty. When the people fear the government, there is tyranny.”
Thomas Jefferson
I sometimes tell my kids...
itrytobenice Friday, January 9th at 2:27PM EST (link)“I own you and everything you own.” This helps break up fights as to whether or not someone should share something. I get to decide because I own it all. Including their dad. They own nothing and I sometimes have to assert my authority and prove it to them.
Big O thinks he owns us the same way I own them. But he’s wrong because I have inalienable rights. We are going to have to push back though, because too many of our brethren want us to ’share’ our stuff with them. Including our kids’ future.
The problem with America is stupidity. I’m not saying there should be capital punishment for stupidity, but why don’t we just take the safety labels off of everything and let the problem solve itself?
amen - nt
Mike gamecock DeVine Friday, January 9th at 4:30PM EST (link)Mike DeVine’s Examiner.com, Charlotte Observer and The Minority Report columns
“One man with courage makes a majority.” - Andrew Jackson
The Obamanation is bankrupt for ideas excepting
olsmithie Friday, January 9th at 4:40PM EST (link)what the soaked up from his communist mentor growing up and his America hating so called “preacher.”
No surprises here.
Once more, ideas from a man who not qualified to run a large daycare, much less the country, have to be copied from somewhere. Why not Marx?
And I was afraid he would copy FDR, why was I worrying?
Remember, there is no amount of good a liberal won’t do with someone else’s money.
Regards
“Brace yourself, Effie!”- Mrs. Doubtfire
I wonder if Obama ever changed diapers?
izoneguy Friday, January 9th at 4:45PM EST (link)For that matter, I wonder if Mrs. Obama ever changed a diaper?
I wonder who dresses Obama in the morning?
“When the government fears the people, there is liberty. When the people fear the government, there is tyranny.”
Thomas Jefferson