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THEPATRIOTJOURNAL.COM: Another Campaign Promise Is Going To Be Broken
Another Campaign Promise Is Going To Be Broken
I was listening to Tim "turbo tax cheat" Geithner and one of Obama's economic czars Lawrence Summers talking about how they can't rule out middle class tax hikes. Then Robert Gibbs the White House Press Secretary quickly denied it. Anyone that pays attention knows this is all part of a very bad script of lying, then denying, then doing what you lied about, and deflecting blame, but always getting your agenda accomplished. Geithner and Summers are right. There is no way that a tax hike is not coming. Tax hikes are coming as sure as the sun rises in the east. The Axis of Morons are running out of villains to blame for all of their destroying of the economy. Who are they going to blame for the deficits? They are the ones that created them. The largest ever seen on earth in any economy. What is going to pay for them when they are killing the tax base? More taxes from the remaining producers. It's inevitable.
This is like a bad dream of doing everything you know is wrong to do and seeing the pain coming in the distance, but you are not waking up to stop from being run over. I still have liberals tell me that the economy is improving. One today told me that the housing starts are going up. I said yes they went up from last month .03 percent. Hip hip hooray! then the mainstream media hears it and declares "the recession has hit bottom and the economy is making a comeback" I told the liberal if you trust that the media is telling the truth go ahead and invest your money. He told me that his job had cut his work days down to 4 days last week. I said "I guess the 'Hope & Change' isn't doing to good for you then. I would keep what money you have, you're going to need it". I don't understand people anymore. In this day and age of high speed information, there is no excuse not to be educated especially when it comes to things that could profoundly alter your life and lifestyle.
I chuckle after awhile when I see the old clips of Obama telling everyone in the country, "I will not raise taxes on the middle class". There is no way with the deficits they have already created, added on to the soon to be passed 1 trillion (underestimated) bill for universal health care then cap and trade which will further cut receipts for the government and you have a recipe for economic disaster. There is no way we can pay for all of that. The deficit this year is standing at this moment at 1.3 trillion. Everything that is be spent right now is printed money that the government doesn't have. The billion dollar "cash for clunkers" fiasco is all deficit money.
Imagine going out one night and you party it up and spend all of your available cash, all of your credit cards are maxed out all the way, you mortgage your house for all of the money you can get out of it, then you borrow 20 grand from your friends and then they cut you off. That is what this government is doing and they are not going to have to pay for it. You and I and our children and grand children and probably great grandchildren will have to pay for it. All for what? It's all for the leftist to control every aspect of your life. This is slow creeping tyranny that has been going on for decades, little pieces at a time. The American people are going to wake up one day in a communist police state and that is not a fantasy of mine. I am a student of history and we had better wake up and stop it.
Get ready for the taxes coming soon. First it will be the business taxes that are passed down in prices, especially on necessities like energy, aka "Cap & Trade". Then followed by taxes on the rich which will kill investment, killing jobs and wiping out another source of revenue for the government. Then inflation hits and prices go out of hand. It's all coming folks. I was a kid when this happened during the Jimmy Carter years, but this today is like the Carter years times 20. This is going to get to the point of no return. I pray the value of the dollar can hold out until the 2010 elections so we can get rid of this Congress. If we can do that we can contain Obama. It is then we will actually help his Presidency because he won't be allowed to raise taxes therefore keeping his pledge.
Don't fret though, we will take care of this come November of 2010. Then we will demand that all of it be repealed. We own this country not the hard leftist minority.
8/3/2009 8:54 PM
Vman wrote:
Mike, Yes tax increases are coming and Obama will blame President Bush for it. Remember about 10 years ago when Congress passed and President Bush signed the largest tax cut in history? Well Mike, that tax cut was a temporary tax cut that is due to expire in 2010. All taxes will return to year 2000 levels next year because congress refused to make them permanent. And since it is a tax increase that Obama will claim he had nothing to do with, he thinks it can't stick to him. I think maybe this may be the tax increases that Giethner and Summers were referring to Reply to this
Mike, Yes tax increases are coming and Obama will blame President Bush for it. Remember about 10 years ago when Congress passed and President Bush signed the largest tax cut in history? Well Mike, that tax cut was a temporary tax cut that is due to expire in 2010. All taxes will return to year 2000 levels next year because congress refused to make them permanent. And since it is a tax increase that Obama will claim he had nothing to do with, he thinks it can't stick to him. I think maybe this may be the tax increases that Giethner and Summers were referring to
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