Tuesday, Feb 07, 2012
Login

Category: Reap What You Sow

Remember the Day

Excellent comment in the WSJ this morning – thanks Bob Orr!

“For those of you who are sick of hearing Obama and the Dems propagate the fallacy that everything is “Bush’s Fault”, Educate yourselves:

Remember the day…
January 3rd, 2007 was the day the Democrats took over the Senate and the Congress:

At the time:

The DOW Jones closed at 12,621.77

The GDP for the previous quarter was 3.5%

The Unemployment rate was 4.6%

George Bush’s Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION!

Remember the day…
January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.

The economic meltdown that happened 15 months later was in what part of the economy?
BANKING AND FINANCIAL SERVICES!!!

THANK YOU DEMOCRATS for taking us from 13,000 DOW, 3.5 GDP and 4.6% Unemployment… to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOES!
(BTW: Bush asked Congress 17 TIMES to stop Fannie & Freddie – starting in 2001 because it was “Financially risky for the US economy”):
http://www.sportstalkworld.com/showthread.php?16828-Dems-Cause-CRASH%21

And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac????

OBAMA

And who fought against reform of Fannie and Freddie???

The HYPOCRITE in Chief Obama

So when the kool-aid crowd blame Bush…

REMEMBER JANUARY 3rd, 2007…. THE DAY THE DEMOCRATS TOOK OVER!”


Federal Government Does Not Create Jobs or Earn Money

Major corporations are sitting on $2 trillion dollars in cash right now.
Corporate profits are up.
Banks have another $1trillion in excess reserves


VAT or Fairtax? You decide

Here’s How a Value Added Tax Works

Here is how a Value Added Tax works for politicians and powerful
special interests and against every American Taxpayer:
*  A tax is added to the cost of every product made in America, as
it is produced, at every level of production.  So in making
a car, the iron ore has a VAT tax added, the steel mill adds a
VAT tax. Then the car company adds a VAT tax. And finally the
dealer adds a VAT tax and all of this is added to price you pay
for your car!
*  Now here is the part the politicians really like: you do not see
the value added tax! The VAT tax is the perfect
politician’s tax.  Every time the politicians want to
spend, and spend and spend some more, they increase the hidden
VAT tax…”just a little.” You would never have any idea
how much the VAT tax adds to your cost of living!
*  It gets even worse for us and even better for
them-politicians and lobbyists get to sell off special
breaks to the rich and powerful in backroom deals you’ll never
see. This is a brand new feeding trough where Washington
lobbyists and special interests can gorge themselves far beyond
public scrutiny.

In Europe the Value-Added Tax started very low. Then, like all taxes,
it was increased “just a little.”  Then a little more… and now
the European VAT adds 18% on average to the cost of everything!

Would the VAT replace some other tax?  Of course not!  The VAT would
hit us after all the taxes and other payroll deductions have already
been taken from us.  The proposed new European-style Value-Added Tax
on all Americans would be in addition to all those taxes we already
pay!

Source:  FairTax.org

The Fair Tax is also a consumption tax, but is NOT in addition to the income tax, like the VAT is.


No, You Can’t

So you ran on many platform promises that haven’t materialized yet.  Remember your first executive order?  About as effective as that abortion one you last signed.  And now you get heckled at a fund raiser for a person who makes sure she gets a pay raise every year and you wonder why?  Didn’t look so good, with those hecklers not showing up on the teleprompter.  Of course what gets me is, with everything you are doing to bring America to it’s knees, the nut jobs in California pick the Don’t Ask, Don’t Tell to protest.