LET’S RAISE THEIR TAXES…!
Democrats in Congress are going to allow the Bush tax cuts of 2001 and 2003 to expire, resulting in what the Wall Street Journal called “the biggest tax increase in our nation’s history”.
Once these tax cuts are allowed to expire, taxpayers will face an estimated total of almost $2.4 trillion in additional taxes.
That means about 17 million seniors will face an estimated average tax increase of $2,034 each.
When these tax cuts are allowed to expire:
· The Marriage Penalty will be reinstated, costing married couples almost $1,500 per year on average.
· 26 million small business owners will face an average tax increase of $3,637.
· And, the Death Tax will return to its former high rate, which has been a leading cause of the demise of small businesses. This will cost American families an estimated $91 billion.
President Obama wants to raise tax rates on dividends and capital gains, causing stocks to lose an estimated additional $90-billion-plus in value.
And then if Congress passes it’s “cap-and-trade” energy plan into law, the cost to each American household will average about $4,6093 per year in higher taxes and energy prices, appearing on your electric bill, gas bill, water bill, phone bill, and at the gasoline pumps.
Americans already pay, on average, an estimated 35 to 40 percent of their earnings each year in federal taxes. We are simply taxed out the wahzoo.
How much more “hope and change” can American families afford?
Showing posts with label TARP. Show all posts
Showing posts with label TARP. Show all posts
Wednesday, September 30, 2009
Sunday, September 20, 2009
WHY I DON'T LIKE OBAMA
Obama has been proven to be a liar.
From the moment he stepped onto the national stage to campaign for the presidency, Obama has consistently lied to the American people in order to convince us to trust him with our economic and national security. Since becoming our president, he has betrayed that trust.
During his first eight months in office, Obama has exhibited his admiration for dictators and disdain for our allies.
His dogged determination to turn our country into a failed socialist nation was in full evidence when Obama nationalized General Motors and Chrysler. He gave to the unions control over the two giant automobile manufacturers, while freezing out retired investors and allocating billions of taxpayer dollars to this socialist power grab. As a further slap in our economic face, he expanded the corporate bailouts, including giving billions to AIG without pre-conditions. Then, to add insult to injury, Obama doubled our national debt with his out-of-control spending.
Obama is spending so brazenly because he is counting on Americans being lulled into complacency by the time of the 2010 elections. By design, the bulk of the "stimulus" funds will be spent, just in time, to spur a false recovery. The "recovery" will be hailed as proof of Obama's wisdom by the liberal media. It will not matter that the so-called recovery will not be real, or that it won't last – as long as Obama and liberal Democrats stay in control of our government.
Demonstrating his willingness to operate without regard for our laws, Obama fired two inspector generals (IG’s) who were investigating illegal activities by Obama cronies. Obama fired the IG’s even though, by law, inspector generals are authorized to conduct investigations without interference from government officials.
Blatantly, Obama refused to prosecute Black Panthers caught on video intimidating voters at a polling place in Philadelphia during the 2008 election.
Further, Obama filled his cabinet with five people who have cheated on their taxes, and two of his other nominees withdrew after they were exposed as tax cheats.
Obama and his supporters scoffed at parents and called them racist for not wanting their children indoctrinated by Obama with his K-12 speech. Obama’s talking about the value of education was not the problem. What rankled citizens was the lesson plan from the Department of Education – before it was changed under pressure from the public – that required children to write papers about how to help Obama achieve his radical agenda.
Obama has publicly asserted that...
The lack of any check on Obama’s power, due to a veto-proof Democrat-controlled Congress and a lap dog liberal media, has caused Obama to boldly assert his radical agenda and surround himself with a stable of over 30 advisors called "Czars". These unaccountable Obama-appointees are beholden only to Obama. They are not unanswerable to Congress or the American people, as was intended by our Constitution which requires congressional confirmation hearings and oversight of political appointees. Among those Czars are Communists, Marxists and other characters with troubling backgrounds and questionable credentials who should not be allowed anywhere near the White House. Gone is media outrage over abuse of power or an imperial presidency, as well as any angst about the shredding of our Constitution.
The preceding comments were excerpted from an article entitled:
OBAMA – A CHARMING LIAR?
By Frances Rice,
a retired lawyer and Army Lieutenant Colonel,
who is chairman of the National Black Republican Association.
http://www.nbra.info/
Read the entire article here:
http://blackrepublican.blogspot.com/
From the moment he stepped onto the national stage to campaign for the presidency, Obama has consistently lied to the American people in order to convince us to trust him with our economic and national security. Since becoming our president, he has betrayed that trust.
During his first eight months in office, Obama has exhibited his admiration for dictators and disdain for our allies.
- He offended the Queen of England and bowed to the King of Saudi Arabia.
- He praised the Marxist Daniel Ortega, kissed Socialist Hugo Chavez on the cheek and endorsed the Socialist Evo Morales of Bolivia.
- He sided with Hugo Chavez and Communist Fidel Castro against Honduras, a country that followed its constitution and stopped its president from illegally turning himself into that country’s dictator.
- Obama announced that he would meet with Iranians with no pre-conditions, while they're building their nuclear weapons.
Obama displayed a blatant lack of concern for what is in the best interest of America when he circled the globe and publicly apologized for America's world leadership. He told the Mexican president that Americans are responsible for the violence in Mexico.
He announced a cut in funding for our new missile defense system the day after an ICBM was launched by North Korea.
He released information on U.S. intelligence gathering despite contrary urgings of his own CIA director and the four prior CIA directors.
He ordered that the word "terrorism" be stricken from our discourse and replaced with the innocuous words "man made disasters."
He appointed a Homeland Security Chief who identified military veterans and abortion opponents as "dangers to the nation."
In a scary bid to increase the political power of the Democratic Party, Obama politicized the census by moving it out of the Department of Commerce and into the White House.
His dogged determination to turn our country into a failed socialist nation was in full evidence when Obama nationalized General Motors and Chrysler. He gave to the unions control over the two giant automobile manufacturers, while freezing out retired investors and allocating billions of taxpayer dollars to this socialist power grab. As a further slap in our economic face, he expanded the corporate bailouts, including giving billions to AIG without pre-conditions. Then, to add insult to injury, Obama doubled our national debt with his out-of-control spending.
Obama is spending so brazenly because he is counting on Americans being lulled into complacency by the time of the 2010 elections. By design, the bulk of the "stimulus" funds will be spent, just in time, to spur a false recovery. The "recovery" will be hailed as proof of Obama's wisdom by the liberal media. It will not matter that the so-called recovery will not be real, or that it won't last – as long as Obama and liberal Democrats stay in control of our government.
Demonstrating his willingness to operate without regard for our laws, Obama fired two inspector generals (IG’s) who were investigating illegal activities by Obama cronies. Obama fired the IG’s even though, by law, inspector generals are authorized to conduct investigations without interference from government officials.
Blatantly, Obama refused to prosecute Black Panthers caught on video intimidating voters at a polling place in Philadelphia during the 2008 election.
Further, Obama filled his cabinet with five people who have cheated on their taxes, and two of his other nominees withdrew after they were exposed as tax cheats.
Obama and his supporters scoffed at parents and called them racist for not wanting their children indoctrinated by Obama with his K-12 speech. Obama’s talking about the value of education was not the problem. What rankled citizens was the lesson plan from the Department of Education – before it was changed under pressure from the public – that required children to write papers about how to help Obama achieve his radical agenda.
Obama has publicly asserted that...
- some corporations, including 'Big Oil' and medical insurance companies, make 'obscene profits' (they don't compared with many other industries) and that his 'compensation czar' will look into executive compensation...
- medical insurance companies need a 'public option' to keep them 'honest,' ...
- He wants a government-guaranteed 'level playing field' of wealth redistribution via taxing those deemed to have too much.
The lack of any check on Obama’s power, due to a veto-proof Democrat-controlled Congress and a lap dog liberal media, has caused Obama to boldly assert his radical agenda and surround himself with a stable of over 30 advisors called "Czars". These unaccountable Obama-appointees are beholden only to Obama. They are not unanswerable to Congress or the American people, as was intended by our Constitution which requires congressional confirmation hearings and oversight of political appointees. Among those Czars are Communists, Marxists and other characters with troubling backgrounds and questionable credentials who should not be allowed anywhere near the White House. Gone is media outrage over abuse of power or an imperial presidency, as well as any angst about the shredding of our Constitution.
The preceding comments were excerpted from an article entitled:
OBAMA – A CHARMING LIAR?
By Frances Rice,
a retired lawyer and Army Lieutenant Colonel,
who is chairman of the National Black Republican Association.
http://www.nbra.info/
Read the entire article here:
http://blackrepublican.blogspot.com/
Tuesday, June 16, 2009
This is so outrageous…!
We’re gonna PAY other nations affected by the global financial crisis…???
Democrats have included a $5 billion increase for the International Monetary Fund (IMF) to help aid nations affected by the global financial crisis.
(Pardon me here, but when OUR nation is suffering, with 1.8 MILLION jobs lost since Obama took office, and AMERICANS are facing huge tax increases…HOW DARE the government to give away $5 billion to “other nations”…!!! )
Republicans say that is reason enough to vote against the entire $106 billion spending bill and are certain voters will understand.
“Once the American people learn that the Democrats are using a war-funding bill for a global bailout, they’ll know what to do,” House Republican Conference Chairman Mike Pence (Ind.) told The Hill. “We’ll take the message to the floor and to the American people, and I expect we’ll win this fight.”
Read the whole article here:
http://thehill.com/leading-the-news/in-reversal-gop-balks-at-war-funding-2009-06-15.html
We’re gonna PAY other nations affected by the global financial crisis…???
Democrats have included a $5 billion increase for the International Monetary Fund (IMF) to help aid nations affected by the global financial crisis.
(Pardon me here, but when OUR nation is suffering, with 1.8 MILLION jobs lost since Obama took office, and AMERICANS are facing huge tax increases…HOW DARE the government to give away $5 billion to “other nations”…!!! )
Republicans say that is reason enough to vote against the entire $106 billion spending bill and are certain voters will understand.
“Once the American people learn that the Democrats are using a war-funding bill for a global bailout, they’ll know what to do,” House Republican Conference Chairman Mike Pence (Ind.) told The Hill. “We’ll take the message to the floor and to the American people, and I expect we’ll win this fight.”
Read the whole article here:
http://thehill.com/leading-the-news/in-reversal-gop-balks-at-war-funding-2009-06-15.html
Tuesday, April 14, 2009
Patriotic to pay more taxes...???
Dear President Obama,
Vice President Joe Biden said during the 2008 campaign that it is patriotic for Americans to pay more in taxes.
Since taking over control of Washington, the Democrats have decided we should all be more "patriotic" having passed or proposed more than $5 trillion in new spending and $1.4 trillion in new taxes.
And I do not approve of the $1.4 trillion in new taxes, $636 billion in higher energy taxes, the staggering redistribution of wealth and wasteful spending you are prescribing as a cure for the economic crisis.
To hold the Democrats in Washington accountable for their record tax, spend and borrow schemes, I am sending a virtual tea bag to protest your plans to raise taxes on every American this Tax Day.
Sincerely,
Dr. Chris Albritton
Vice President Joe Biden said during the 2008 campaign that it is patriotic for Americans to pay more in taxes.
Since taking over control of Washington, the Democrats have decided we should all be more "patriotic" having passed or proposed more than $5 trillion in new spending and $1.4 trillion in new taxes.
I don't believe that it is patriotic to pay more taxes.
And I do not approve of the $1.4 trillion in new taxes, $636 billion in higher energy taxes, the staggering redistribution of wealth and wasteful spending you are prescribing as a cure for the economic crisis.
To hold the Democrats in Washington accountable for their record tax, spend and borrow schemes, I am sending a virtual tea bag to protest your plans to raise taxes on every American this Tax Day.
Sincerely,
Dr. Chris Albritton
Friday, April 3, 2009
Obama doesn't want TARP money returned to tax payers
On Friday April 3, 2009, President Obama refused to allow JPMorgan Chase bank to re-pay the TARP money back to the US Government.
Obama had a meeting with the CEOs of some of the big US banks.
JPMorgan Chase CEO Jamie Dimon insisted that he’d like to give the government’s TARP money back as soon as practical, and asked the president to “streamline” that process.
But Obama didn’t like that idea — arguing that the system still needs government capital.
Several CEOs disagreed, arguing instead that returning TARP money was their patriotic duty, that they didn’t need it anymore, and that publicity surrounding the return would send a positive signal of confidence to the markets.
The president offered an analogy: “This is like a patient who’s on antibiotics,” he said. “Maybe the patient starts feeling better after a couple of days, but you don’t stop taking the medicine until you’ve finished the bottle.” Returning the money too early, the president argued could send a bad signal.
Read the full report here:
http://www.politico.com/news/stories/0409/20871.html
I wonder why Obama thinks he’s so much smarter than the CEOs of some of the largest US banks…?
Obama had a meeting with the CEOs of some of the big US banks.
JPMorgan Chase CEO Jamie Dimon insisted that he’d like to give the government’s TARP money back as soon as practical, and asked the president to “streamline” that process.
But Obama didn’t like that idea — arguing that the system still needs government capital.
Several CEOs disagreed, arguing instead that returning TARP money was their patriotic duty, that they didn’t need it anymore, and that publicity surrounding the return would send a positive signal of confidence to the markets.
The president offered an analogy: “This is like a patient who’s on antibiotics,” he said. “Maybe the patient starts feeling better after a couple of days, but you don’t stop taking the medicine until you’ve finished the bottle.” Returning the money too early, the president argued could send a bad signal.
Read the full report here:
http://www.politico.com/news/stories/0409/20871.html
I wonder why Obama thinks he’s so much smarter than the CEOs of some of the largest US banks…?
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