Obama’s Hope and Change

Obama’s Hope and Change has brought us to this point. A senate that doesn’t make a budget. Unemployment at 9.2%. Housing values in toilet. And now this debt ceiling crises. Of course, Mr. Hope and Change demonstrated his arrogance in the face of reality by summoning house leaders to the White House on Saturday to “explain how we’re going to avoid default.” Obama has used this entire event to, somehow, increase the likelihood of his reelection in 2012; every move nothing but political posturing aimed at protecting 1) his presidency and 2)big government. He’s not serious about cutting:

The President insists his party is offering serious spending cuts and entitlement reform. He also likes to talk about “balance,” which to him means real tax increases immediately and speculative spending cuts some time in the distant future. Behind the scenes the White House has only ever agreed to token reform and cuts. Here’s a number for the debt history books: Mr. Obama’s final offer in the Biden talks was a $2 billion cut in 2012 nondefense discretionary spending. The federal government spends more than $10 billion a day.

Obama’s line in the sand is that he doesn’t want to have to raise the debt limit again until he’s safely back in the Oval Office in 2012. He fears losing the presidency more than default. What does he really care about what happens to the coutry? He’s set for life. He’s going to Martha’s Vinyard next month. How about you? We just canceled the short family (camping) vacations we’d hoped to take this summer.

And, of course, Obama wants the rich, you know the jet owners and millionairs and billionairs to pay their fair share:

The Tax Foundation reports that between 1986 and 2008, the share of federal income taxes paid by the top 5% of earners has risen to 59% from 43%. Between 1986 and 2009, the percentage of Americans who pay zero or negative federal income taxes has increased to 51% from 18.5%. And all this is accompanied by an increase in our national debt to 100% of GDP today from 42% in 1980.

The problem with increases revenue streams, as Obama and Harry and Nancy refer to raising taxes, is that the taxes increases always happens, while those cuts? Not so much. We fell for this in ’82, when Reagan agreed to modest business tax increases in exchange for spending cuts. $3 in spending cuts for every $1 in tax increases. Who could oppose that?

You don’t have to be a Washington veteran to predict what happened next. The tax increases were promptly enacted — Congress had no problem accepting that part of the deal — but the promised budget cuts never materialized. After the tax bill passed, some legislators of both parties even claimed that there had been no real commitment to the 3-to-1 ratio.

In fact, spending for fiscal year 1983 was some $48 billion higher than the budget targets, and no progress was made in lowering the deficit. Even tax receipts for that year went down — a lingering effect of the recession, which the additional business taxes did nothing to redress.

Promised cuts mean nothing. They never happen. They haven’t happened in the past, and they won’t happen this time. Promises will disappear into the ether.

Cut. Cap. Balance.

OH – and an important read about those folks who don’t have to pay income taxes- the tax takers. In the efforts of “fairness”, we’ve got a wealth redistribution scheme that takes tax money from some folks and just flat-out gives it to others.

I mentioned the tattoo joke above. It turned out to be the truth in the only anecdotal story I heard during my stint at the IRS. A golfing buddy said his girlfriend’s daughter claims EITC among other things and received a U.S. government check for $6,000. She used the money to take her toddler daughter and the child’s ne’er-do-well father to the Monterey Bay Aquarium — a couple hundred bucks — and spent the remainder for a giant tattoo on her back. I’m so glad I could help.

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6 Comments on “Obama’s Hope and Change”

  1. Jay in Ames Says:

    How come I didn’t hear “revenues” in this post? It’s the newest buzzword, meant to take people’s attention off of “taxes”. Revenues sounds so much better than taxes, doesn’t it?

  2. Car in Says:

    /bans J’ames

  3. rexanational Says:

    Oboma has NOT brought CHANGE, In fact ~~ THE ONLY real THING needing

    CHANGE !

    Was Barack Hussein Obama II.

    Barack Hussein Obama II ( Who hates American Values )

    Who who is A ” SELF PROCLAIMED Enemy ” ~ of responsible, Morally Conscious

    HARD WORKING Americans.

    oBOMAS supporters KNOW~ that Barack Hussein Obama II, WILL FORCE YOU to

    paY THEM, out of your PockeT ….

    This UN~CHANGABLE fraud, has done His VERY BEST to Inspire VIOLENCE.

    THESE ARE OBAMAS OWN WORDS.. saying “Bring it on” To his supporters.

    Oboma ~ Demands Saying “Get ready for hand-to-hand combat with your

    fellow Americans”

    – Obama has ALSO DECLARED to his Supporters

    “I want all Americans to get in each others faces!–

    Obama demands !

    “You bring a knife to a fight pal, we’ll bring a gun” – Obama Cant wait to get

    everybody involved in some kind OF CONFRONTATION of some sort….

    THESE ARE OBAMAS OWN WORDS..

    Obama has ALSO DECLARED “Republicans are our enemies”-

    ** Obama on ACORN Mobs: “I don’t want to quell anger. I think people are

    right to be angry! I’m angry!”

    ANGER VIOLENCE and more taxes….. THIS IS OBAMAS Change for america

    /“Hit Back Twice As Hard”. He commands !

    THESE ARE OBAMAS Very OWN WORDS..

    *Obama on the private sector: ~~ “We talk to these folks…~ / so I know

    whose ass to KICK.“ OBOMA wants to KICK your ass /

    Shouting THAT Republican victory would mean ~ “hand to hand combat”

    HE IS EXPECTING people to kill & BE VIOLENT / for their immoral CAUSES

    THIS IS WHAT HE LIVES FOR
    THESE ARE OBAMAS OWN WORDS..
    * Obama Tells democrats: “ I’m itching for a fight.” !

    PLEASE go to reXes NEW WebsiTe ~ ! Oboma *( Just like Adolf Hitler~~ In

    that oBOMA~~~ Demands ! — [ THE FINAL SOLUTION – for Un~Wanted Children

    Barak Obama A MURDERER .~Torturing UNWANTED babys on DEATH ROE

    http://obomanationinfanticide.sharepoint.com/Pages/default.aspx

    OBAMA supports TAKING a little NEW BORN innocent child.. / BORN. ALIVE ~

    sTabing it iN the head & SUCKs ITS BRAINS OUT.

    He also demands, that a Child SURVIVING a FAILED ABORTION, Has no RIGHT to

    Life or medical care. ({ After being tortured in pain and agony }


  4. And JUST one more thing if you will allow//

    And no disrespect or distain is intended for the OFFICE of our GREAT PRESIDENCY

    and White House.

    Respect and honor and a great varity of reasons hold the United States

    Presidency in our Prayers and hopes for continued blessing and truthfull success.

    BUT the truth is STILL THE TRUTH .

    oBOMA does what he has to do~~~ just to get by.

    Feeding his donors and supporters Un merited fuel, is HIS only OBJECTIVE.

    this is HIS main OBJECTIVE.

    The only REASON things SEEM to get done, is because the people who

    SURROUND oBOMA, Drape the American Flag around him, WHILE HE shoves it off of himself,

    in disheveled pride. and NUMB ignorance.

    While, He admits, Boldly and sneeringly, he has done plenty of COCAINE.

    Please Use your head and tell us, BECAUSE we need and deserve to know…

    Why would we want a NUMB cacK heaD in the White House.

    oBOMA should have stayed *( WHERE HE WAS ) ~ in the DOPE house. !

  5. Dennis Says:

    It is so sad for me, as an American, to have a president who has no strength, is wishe-washy which leads me to believe he’s just a hack politician.


  6. Want to thank all of you, for your Powerfull stand against Oboma & His Corrupted political partners.
    But

    there is so much more we can do. Being aggressive and focusing on the facts and truth is only the first step.

    We musT follow Up with more details standing by our convictions and dont back down.

    Oboma has NOT brought CHANGE, In fact ~! ~ THE ONLY real THING needing CHANGE !….Was Barack Hussein Obama II.

    HIMSELF

    Barack Hussein Obama II ( Who hates American Values ) who is A ” SELF PROCLAIMED Enemy” ~of responsible, Morally Conscious HARD WORKING Americans.

    oBOMAS Irresponsible & DRUG MAFIA and reckless supporters KNOW~ that Barack Hussein Obama II, WILL FORCE YOU to paY THEM, out of your PockeT .{ FOR all of their UNCHECKED Vices and THRILLS/

    { All on YOU | /

    At your COST & Sacrifice

    …This UN~CHANGABLE fraud, has done His VERY BEST to Inspire VIOLENCE. For THESE ARE OBAMAS Very OWN WORDS.. saying ………To his supporters.

    Saying “Get ready for hand-to-hand combat with your Fellow Americans”

    – Obama has ALSO DECLARED to his Supporters….“I want all Americans to get in each others faces!– Obama demands !

    “You bring a knife to a fight pal, we’ll bring a gun” –

    THESE ARE OBAMAS OWN WORDS.. /and ANGER VIOLENCE and more taxes….. THIS IS OBAMAS Change for america

    /“Hit Back Twice As Hard”. He commands !*Obama on the private sector: ~~ “We talk to these folks…~ / so I know whose a*$ to KICK.“ OBOMA wants to KICK your a*$ /

    Shouting THAT Republican victory would mean ~ “hand to hand combat”

    HE IS EXPECTING people to be on Edge and BORDERLINE killing MODE, VIOLENT / and STAND up for their immoral CAUSES

    THIS IS WHAT HE LIVES FOR ./ ./ ./ THESE ARE OBAMAS OWN WORDS.. !

    * Obama Tells democrats: “ I’m itching for a fight.” !

    ….PLEASE…. go to reXes NEW WebsiTe ~ ! Oboma *( Just like Adolf Hitler~~\oBOMA~~~ Demands ! — [ THE FINAL SOLUTION – for Un~Wanted Children

    Barak Obama is A MURDERER .~Torturing UNWANTED babys on DEATH ROE

    CLICK HERE http://obomlnation.webstarts.com/index.html

    OBAMA TAKES a little NEW BORN innocent child. BORN. ALIVE sTabS it iN the head SUCKs ITS BRAINS OUT.

    This is just to wrong and horrible. Please stand for Loving Children and the USA


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