Monday, August 03, 2009
Middle class tax hike Obama's "read my lips No new taxes" That will guarantee a one term Presidency!
Remember when Obama was running for President he said if you make under $250,000 you will not see a tax increase. No increase in gas tax, sales tax income tax capital gains tax, nothing. Remember Daddy Bush's read my lips no new taxes? On top of everything Obama has gone back on that will be the straw that broke the camel's back. If he does that and right from the beginning it was obvious he would have to that will be to his discredit and guarantee that like Daddy Bush he will be a one term President. Is Obama about to raise your taxes
Now as should have been stated at the beginning We are being told all options are on the table. This is terrible, it is just what we need to finish off the middle class if there still is one. I am sure you do not feel the recovery but just yesterday we started hearing growing rumors of a recovery. So I wake up this morning and I was listening to Geithner say that a tax increase for the middle class is now on the table. Just who is the unfortunate middle class anyway? They want to raise our taxes while at the same time we are being told unemploymrnt has not peaked yet. Geithner Says Unemployment May Peak in Second Half of 2010
Here in Massachusetts are State taxes just went up Saturday and our alcohol is now taxed at the same 6 1/2 percent.Gas is going up again and foreclosures and job losses continue. Recovery? Higher taxes now? They are purposely trying to destroy us. Supposedly a new tax hike would be to help pay off the $11 trillion in debt "we are all benefitting from" Yeah! They will increase our taxes to help pay for the banks, the insurance companies,and auto companies we bought to keep Capitalism alive while destroying average Americans.
Is a tax increase in part to help pay for the the watered down health care plan? They can increase taxes so they think because they are going to help with Health care? The $1 billion that was set aside for the cash for clunkers program went over so well they are going to allot another $1 billion. My first thought was average Americans are finally getting help but BS! Most do not make enough to buy a new car anyway now on top of everything else we are told our taxes could be raised. That means they will be when they figure out the best way to optimize robbing us again.
I had a very interesting conversation yesterday with a friend who happens to be a nuclear scientist and anthrax specialist who agreed with everything I say. He is going to White Sands New Mexico tomorrow. He is a consultant and will be doing some tests for the government for a week. He is going to look up one of my sons there preparing for Iraq.There was also 3 boys there going in the military to serve their country but their motivation was a job.
Anyway my consultant friend agreed that people are being led over a cliff like Lemmings and no one is saying anything. When are people going to wake up and speak up? Anyway he said Obama will get all the money he wants but if he discontinues Iraq or Afghanistan whoever is behind the right will have him killed like JFK,, RFK, and MLK. Just imagine if that happens! That is what concerned me right from the beginning.
A week ago Obama reiterated there will be no tax increase for the middle class whatever that is? Health care will not be his waterloo. increasing the middle classes taxes will be his Waterloo and ours. His ratings are mot going down for nothing.Geithner says this will require hard choices. That is code for "you are going to get screwed again while more giant bonuses are being handed out using our money to companies we bailed out. Why is it hard choices always fall right on our backs? It is only a matter of time until we break. How much more can you take before you break?
Lawrence Summers Director of the Economic Council and Alan Greenspan both backed up Tim Geithner. Greenspan? his misdirection got us into this mass in the first place. What is the Government doing listening to him? What credence does he have?What the hell is wrong with us? When are people going to wake up realize they are getting reamed and do something about it?