With less than 25 days to go, the Fiscal Cliff of 2013 draws ever closer as Barack Obama continues his mad agenda of seeking the scalps of the rich. Or so he says. Forget for a moment what the fiscal cliff means to you and the rest of the average Americans. A failing economy, higher unemployment, higher taxes and arbitrary cuts to defense. Obama claims that he will not sign any bill that does not increase the tax rates on the wealthiest 2%. Last year, or even last month during the reelection campaign, Obama was content to just scalp the top 1%. But that would only add extra revenue for maybe 3 days of the federal budget. Going after the top 2% means funding a whole week of 7 days! But even this will not be enough, as Howard Dean admitted on Wednesday. He said that everyone′s taxes must be increased.
Already there is plenty of talk about creating a new wealth tax, which would tax 1% of all of the assets of the top 1%. If you study history, which the Liberals frown upon, then you might come to discover that originally, the federal income tax passed in 1913 was only targeting those who earned over $1 million dollars per year. Barely 200 Americans were to be subjected to the tax. It did not take Congress very long to expand their tax net on the rest of us. Likewise, today, some who are in favor of the wealth tax are also eying all 401K and IRA retirement funds. Assets that over half of the population have.
Revenue is revenue. House Speaker John Boehner is offering closing loopholes and limiting some deductions which only the top 27% of income earners use when the file their tax statements. The total amount of just the loopholes is about $1.1 Trillion per year, courtesy of two groups over major contributors to the Democrats, lawyers and CPAs. So is it any wonder that Obama is rejecting the $800 Billion Boehner has placed on the table?
Naturally, Obama will not discuss any spending cuts just now. That will have to wait till next year after he gets back from his $4 Million dollar vacation. Obama will spend in 3 weeks what 99% of Americans will never earn in their lifetimes. But he deserves it now, doesn′t he? After all, who works harder than Barack Hussein Obama? Forget about how he does not do anything in the White House until about 10am, then skips half of his national security briefings because he is just so smart and clairvoyant when it comes to intelligence reports.
But we cannot call Obama lazy or incompetent because that would be racist. It is probably also racist if we say that Obama merely wants to tax the rich because as a Socialist, he hates them so much. Or that he really does not care if he plunges America off the Fiscal Cliff, because that would give Barack Obama more of an excuse to further expand government. More people will need their hammocks as supplied by the Welfare State. The only way Obama can keep the game going is to have an unlimited checkbook which means going around the Constitution, the law of the land, and seizing the power to increase the nation′s debt ceiling. With no debt limit to worry about, Obama can spend all the money he wants and he′ll have plenty more to spend anyway thanks to the taxes in his ′Affordable Care Act′, a.k.a. ObamaCare.









December 7th, 2012 at 9:31 am
Look at the bright side. At least Obama won’t have any more children.
December 7th, 2012 at 9:36 am
Tax the rich, their free ride should be over. Republicans LOVE entitlements if they are for the rich.
December 7th, 2012 at 9:37 am
Going after the top 2% means funding a whole week of 7 days!
How many days do we gain by cutting social programs?
December 7th, 2012 at 9:56 am
hey Pat….
http://upload.wikimedia.org/wikipedia/commons/8/88/Malia_Obama.jpg
Obama’s kids look pretty fine to me.
December 7th, 2012 at 10:04 am
“Obama’s kids look pretty fine to me.”
You really ought to consider rephrasing that.
December 7th, 2012 at 10:30 am
“How many days do we gain by cutting social programs?”
You mean days gained by those who get a job, or days gained paying those who dont deserve their jobs ?
Our problems are not due to any shortage of revenues.
We spend too damn much.
Its not a question of liberal or republican spending initiatives and projects as much as it is the fact that most everything the government does can or is replicated in the private sector for far less money and far better quality.
Except for the military.
Were being duped.
The deal will sound like this.
“Were going to tax the top 2% and those making over 250 large a year”
Newsflash !
1)The top 2% are a part of that block making more than 250 Gs a year. By this inconsequential repeated attack on the 2 % liberals feel empowered. The richest giving up more satisfies their spite to feeling somehow vindicated.
2)
The “taxing 2%-taxing 250 G or more” mantra is diversionary bullsht.
Everyones taxes will go up for a host of reasons from healthcare to property taxes to environmental measures disguised as fees and required improvements, more states owe the fed than dont and the fed is collecting.
3) “There will be spending cuts”
No there will not.
We the people will eat sht.
The government will become more sht.
December 7th, 2012 at 11:19 am
Yes RonM, they “look” great. But like liberal women tend to be, they will end up on anti-depressants on a psychologist’s couch someday wondering why all the one-night stands didn’t result in a worthwhile relationship. God, I pity liberals and their kids.
December 7th, 2012 at 11:31 am
Andrew, you’d present a much better argument if you’d focus more on dialog than diatribe. Cherry picking history (which I’ve laid out several time here, is not in your favor) to build your economic/taxation case is pretty weak tea and can be (and has been) shot down on every front. After over a decade of Bush cuts implementation, you really have no argument at all. And that’s aside from the proven results of the 1982 Reagan and 1993 Clinton tax increases, which I’ve laid out in detail which you’ve consistently avoid.
You advocate Boehner’s closings of unnamed loopholes and limiting “some” deductions of the top 27% as an $800 billion revenue which doesn’t make a great deal of sense. You are arguing against your very own argument. Taxing the wealthy as you say, will reek havoc as it will bring a “failing economy, higher unemployment, higher taxes and arbitrary cuts to defense”. But collecting more revenue from these very same people by closing loopholes somehow changes things? And these same rich folks are fighting tooth and nail any tax increases yet remain silent about having loopholes closed that will increase their tax burden by $800 billion. That would make absolutely no sense if the reality wasn’t there that no one can tell us what these loopholes are and even if they did, there aren’t enough to satisfy the math. This is snake oil salesmanship at its worst, an absolute scam that American voters have adamantly said no to. It’s as if the GOP doesn’t even want to pretend to be honest.
Harping on Obama’s vacation does nothing to build your case. Comments like “he’s a socialist” and he hates us so much only suggests either that your blind hatred overrides any constructive reasonable discussion or that your argument is so feeble, it needs a diversion in order to forget how unrealistic it is. It’s as if adding “he really does not care if he plunges America off the Fiscal Cliff” helps to change the dialog and builds an imaginary case because your original argument has no legs to stand on.
And by the way, and I understand that reality is such a bitter slap in the face, the Affordable Care Act reduces the deficit.
December 7th, 2012 at 12:02 pm
Liberals or Democrats do hate history and try to change it every chance they get. America’s public educational system and teachers unions are prime examples.
Obama wants to get rid of the Republicans period. They are his opposition so destroy them. That is the only way Obama can get his way. This tax cliff is Deomocrat Party Made even though they and the media blame the Republicans. You can explain economics 101 till your blue in the face. Lower taxes gets the economic engine going again. The useful idiots do not get it and will always support the Democrats. The Democrats know lowering taxes will help the economy grow, but it will make individuals economically independent. That is the threat to Democrats because The Democrats will not be needed for survival or Santa Claus hand outs. Big Government made possible by higher taxs is Democrats job security. Obama and the left do not care about the middle class or the rich paying their fair share, all they care about is job security and that happens when they re-distibute someone elses wealth.
December 7th, 2012 at 12:08 pm
Hey Pat…
“Yes RonM, they “look” great…..”
Just stop right there mate. I could never go so low to hate on a politicians kids or wife.
I had a STRONG dislike for Bush, but his wife was a fine first lady. And the twins grew up nicely by all accounts.
Ripping on the “opposition” party’s wife is just LOW LIFE behavior.
December 7th, 2012 at 12:34 pm
Micky –
“Obama’s kids look pretty fine to me.”
You really ought to consider rephrasing that.
Okay. After they grow up that is…:-)
December 7th, 2012 at 1:22 pm
“Ripping on the “opposition” party’s wife is just LOW LIFE behavior.”
If she is the wife to the opposition party then she should be allowed to get ripped.
Theres not enough days in the year.
Michelle asks for it.
So did Nancy Reagan, who also received a good amount of “ripping”.
Lady Bird Johnson was ripped on.
Fashion critics often went after Jackie K.
Betty Fords habit didnt help much.
Their projects were mostly retarded.
The class acts that do their good deeds in stealth are the ones that suffer the least rips.
December 7th, 2012 at 1:36 pm
“Their projects were mostly retarded.”
That would be Nancy and Michelle whos biggest projects, drugs and obesity, are causes fought in vane for political posturing on behalf of their husbands instead of assigning responsibility to the individual
Mostly everyone agrees the war on drugs was and is an expensive joke, meant only to retain massive fed and state employment.
As I want the government out of my bedroom, I also want them out of my kitchen.
December 7th, 2012 at 1:44 pm
Give it up Ron, there has been undue attention paid to the First Lady on this site, but even stranger has been the perverse fixation on her backside.
December 7th, 2012 at 2:20 pm
“but even stranger has been the perverse fixation on her backside.”
This coming from the party that has legalized public nudity.
December 7th, 2012 at 2:47 pm
buzzbee – “… there has been undue attention paid to the First Lady on this site, but even stranger has been the perverse fixation on her backside.”
True. The fascination with the first lady and parts of her body are rampant with theses right wingers….lol
December 7th, 2012 at 2:57 pm
Speaking of Michelle Obama’s ginormous booty reminds me of this song, someone appropriate to the discussion:
http://www.youtube.com/watch?v=6v9at5RlFu4
Who brought up this topic again? My favorite, so thanks whomever wanted to discuss. Let’s call her big asset the physical cliff. He he.
December 7th, 2012 at 3:36 pm
Patricks being racist
December 7th, 2012 at 4:44 pm
Everytime you hear “Tax the Rich”—just substitute SUCCESSFUL for RICH.
Left Winger’s logic is beyond me.Of course the “rich” will continue with their tax breaks (GE paid how much in taxes??)Warren Buffett still owes back taxes and the zinger is Revy Sharpo who recently attended a meeting at WH for a “consult” on the “fiscal cliff” but Revy OWES back taxes so WTF?
Punish achievement. Middle class will suffer but does Oblamo care? He ran on “spread the wealth”…”shared prosperity”…”income redistribution”. The best is “those who need to sacrifice”<—direct quote from Oblamo.
Next we will have the Czar of Sacrifice Office.
Jonny Corzine (NJ Democrat former Governor) would be perfect for that title….How much money did he blow?
Incredible and Pathetic.
December 8th, 2012 at 6:57 am
Good idea, Faye! But its not just the successful but also the most productive. Most of the private sector jobs created in the last decade were done so by the small businesses that represent most of the top 2% of earners.
But, alas, Obama does not care. Nancy Pelosi even said the other day that taxing the successful and productive will create more jobs…, more government jobs! Even yesterday’s jobs report for November confirmed that 3 out of 4 jobs created in the past three months were done so by government. Oh yeah, and the numbers from October’s pre-election jobs report were cooked and inflated, too!
December 8th, 2012 at 8:34 am
The red flags should go up for any society that see’s its government borrow more in less time than ever in before, double its debt in record time, spend more in less time than ever before,ask for more debt and spending after all that…
while simultaneously growing its workforce to unprecedented levels.
Anyone with a clue should be scared shtless
December 8th, 2012 at 8:52 am
These socialists and are the idiot parasites who will kill their host.
In my days waiting tables in some of the best houses around I raked in an average 20-25% gratuities.
These exclusive houses would never ask a seasoned professional waiter, captain to pool his tips with the others. These waiters have stayed with these houses as long as they have because they pretty much control their income with the level of service they provide.
These are the guys who’ve sent years in kitchens before ever going out on the floor. They can make any meal you want at your table and have vast knowledge of wines and liquors.
So, you can see why I was so upset when one establishment in Ca. said we all had to pool our tips at the end of each day and divide it up evenly among the waiters who then out of that cut paid off their bartender and busboys a percentage set by management and not their performance.
I would be damned if some slouch usually making 200 a night was receiving 300 because I had to give up 25% of my 400 in the name of fairness.
I left, and soon, only to come back in 6 months for a drink to see the place full of the worst wait staff you’ve ever seen.
December 8th, 2012 at 10:05 am
Mick-
The same scenario will happen in hospitals. SEIU nurses (some who can barely speak English) will strike because of “unfair” wages.Hospitals are already “cleansing” the roster of experienced RN’s and hiring the “12 weekers”…ie nurses who fly into US/work 12 weeks/then fly back to Philippines or elsewhere.
I have successfully talked 3 young women NOT to go to Nursing School in the last 2 years.
Andy Sterno and Dickie Trumpkee have their sticky fingers everywhere.
ObamaBots will certainly enjoy the “care” they receive under these inexperienced nurses…that is IF they get in the door…and that’s a BIG IF.
Eat an apple a day!!!
December 8th, 2012 at 10:27 am
Perfect example: Illegal alien gets kidney transplant in Chicago…..See Drudge for details.
ObamabotCare at its finest.
December 8th, 2012 at 11:34 am
Faye, here in the islands,theres an abundance of these subterranean nurses coming in from the
Philippines.
18 years ago my son wrapped the umbilical cord around his neck and had to be yanked out 6 weeks premature in the same hospital as the Messiah. Last minute us and our OBG found out she was not allowed to practice in that particular hospital because of some pending frivolous law suit.
The nurse stabbed him 5 times trying to get his IV in.(I was very fcking pi$$ed)
I told her I knew junkies that could do a better job, she had one more chance, or I’d do it.
They found someone else.
Pretty scary