An Ol' Broad's Ramblings
Archive for 11 April 2012
….but you CAN vote ‘em out!
Buffett Rule 101
President Obama traveled to Florida yesterday to distract the nation from its real problems by laying out his case for the Buffett Rule, a plan to drastically raise taxes on successful Americans and small businesses. The core of his argument is that the rich aren’t paying their fair share. It makes for great populist rhetoric, especially when families are hurting and angry under today’s high unemployment, but the result is terrible policy. Worse, it’s a distraction from the big issues facing the nation, like the deficit, the economy, jobs, gas prices, health care, and on and on, none of which are addressed by the President’s proposals, and none of which he wants to talk about.
Will the President’s tax hike at least tackle the country’s fiscal problems? No, it won’t.
According to a recent analysis by the congressional Joint Committee on Taxation, the Buffett Rule would raise a mere $47 billion over ten years. Meanwhile, President Obama’s budget calls for adding $6.7 trillion to the national debt. That means that the Buffett Rule will only cover one half of one percent of the President’s new spending. Soaking the rich cannot get deficits down, only spending reductions can do that.
When it comes to the biggest problem America is facing — a weak economy and high unemployment — the Buffett Rule would weaken the economy and make matters worse. Heritage’s J.D. Foster and Curtis Dubay write that the tax would fall most heavily on job creators (who pay taxes at the individual rate) and confiscate their resources that would otherwise be used to start new businesses, grow existing businesses, and hire more workers. As a result, economic growth will slow down right along with job creation.
Without those evil rich folks, there would be no middle class. Is that Obama’s intent? To completely destroy those of us in the ‘middle class’. Personally, I don’t see myself of any ‘class’. I’m an American, and I want and need, what is best for the country as a whole. When the rich do well, the rest of us do well. With one exception….those who have been feeding off the teat of the taxpayers, from one generation to the next.
IF Mitt Romney is the nominee, and IF he is able to take the White House from the Marxist in chief, I expect to see a much quicker turn around in the economy, with private sector job growth. I say IF because I seriously doubt the unions, and that a foreign owned company (Spain) will let our votes actually count. Just who decided a foreign company could, or would, ensure that our elections would fair? This is a FOREIGN company…not a U.S. company, that, IMHO, would do its utmost to make sure ever vote counts. I am at the point where I don’t believe Obama will allow himself to be defeated, by whatever means necessary. There will be voter fraud out the wazoo, and of course, that useless piece of crap holding the highest law enforcement office in the land will turn a blind eye, just like he has done, time and time again. It wouldn’t surprise me one single bit if the head honchos at the DOJ are sitting in their ‘ivory towers’ right now, coming up with plans to basically steal the election from the American people.
Obama is not a leader. He is a campaigner. That’s what he does, day in, day out. He is incapable of reason and logic. He’s been campaigning since he managed to steal the Senate seat back in 2006, and evidently, he doesn’t know how to be a leader. All those ‘campaign promises’? Hot air from an empty suit. I was willing to give him a chance. Well, he had his chance, and he blew it! He has succeeded in one area though….the ‘blame game’. You see, none of his worthless policies have worked to turn the economy around, so, naturally, it’s someone else’s fault. “BUSH DID IT!” After 3 1/2 years, don’t you think it’s time for him to pull up his big boy pants, and take responsibility for his own actions?
To quote Charlie Sykes: Life isn’t fair, get over it! Everyone has the same opportunities to succeed. It’s our choice whether or not we make use of those opportunities. Success isn’t counted in dollar signs. Success is what you do with your life, if you are happy, if you have filled that huge hole in your life, if you share joy with others, if your respect yourself, and raise your children to be productive, to respect themselves, and look toward yourself to meet your own goals. THAT is success!
Apparently, the current occupant of the White House has never understood exactly what America, and Americans, stand for. He was not raised in the country during his formative years, and those ‘role models’ he had while growing up, obviously didn’t understand the concept of liberty whatsoever. They were incapable of understanding the principles taught in the Bible, and having a ‘pastor’ such a Jeremiah Wright was no help in setting him on the path of Truth. He obviously has no idea what the true meaning of both the Declaration of Independence, and the United States Constitution. The warped sense of self is great in ‘the ONE’. And he is obviously unfamiliar with the word ‘NO’.
Keep your powder dry!