From The Huffington Post--"This week, MSNBC's Keith Olbermann reported the story of the Cranick family's house fire. When the family's Obion County, Tennessee house caught fire on the night of October 5th, the fire department from the nearby town failed to respond since the Cranick's had forgotten to pay a $75 fee. Firefighters finally responded to a call by Cranick's neighbor, who had paid his fee. They sprayed the property line to protect the home of the neighbor and watched at the Cranick's home burned to the ground."
"The Obion County fire incident is symbolic of the moral and economic bankruptcy of the Tea-Party-Republican vision of government and the economy. And it poses the stark choice facing American voters in the Mid-Term elections."
This is from an article in the Huffington Post,you can read the full article here.
-Robert Creamer
http://www.huffingtonpost.com/robert-creamer/obion-county-fire-tragedy_b_753893.html
I read this outlandish article and decided to do a little research. What I found first was that the State of Tennessee's Governor Phil Bedesen is a DEMOCRAT.I also found that the State senator(Roy Herron) representing the 24th district(where the fire occurred)is a DEMOCRAT. The story that this is evidence of the "moral bankruptcy" of REPUBLICANS is already starting to fall apart. There's more.......
I called the Obion city office and eventually got in touch with the Mayor.He is a very nice man and was happy to speak with me,I should mention that the Mayor-Benny McGuire is also a democrat. His entire city board is democrat.
1.Sheriff Jerry Vastbinder(DEMOCRAT)
2.Court Clerk Harry Johnson (DEMOCRAT)
3.Trustee Lori Seals (DEMOCRAT)
The Mayor seemed surprised by my inquiry but was happy that I wasn't part of the leftist media that has descended on his answering machine,fax machine,e-mail and phone. Since the fire "victim" was bandied about on Olbermans MSNBC show COUNTDOWN the town has been under assault with threats and hateful attacks.
Mayor McGuire explained to me that this has NOTHING to do with party affiliation and this policy has been in effect for 20 years under several administrations BOTH republican and democrat.When I asked him if he thought of overturning the policy he emphatically replied "NO,I support it,You play you pay!" Remember Mayor McGuire is a DEMOCRAT.
The Mayor went on to explain that the city has a Fire dept funded through CITY taxes. The Dept will also OFFER fire assistance in an approximate 5 mile radius outside the city if PEOPLE CHOOSE TO PAY a $75.00 fee. As I stated the policy has been in place for 20 years and until recently went unchallenged by citizens and politicians,republican and democrat alike.
The fire in question started in a trash barrel and spread to an out building then to the double wide trailer.According to the mayor by the time the fire dept arrived the buildings were a lost cause. Interestingly the "victims" relative had had a fire a few years ago and hadn't paid the fee,but in that case the fire dept allowed them to pay the fee AFTER the fire had been extinguished. It seems the "victim" was operating on the assumption that he would only pay the fee if he needed actual fire protection. He didn't count on the city actually enforcing its 20 year old policy and possibly rightfully so.
I feel for the family that lost their house in the fire but I also understand that the city followed a long standing policy and that the "victim" was WELL AWARE of the policy. I think the city should implement ANY policy WITHOUT deviating so that county citizens aren't operating under false assumptions.
All of that is for this community to decide,the point of my post is to SHOW the FACTS surrounding the Huff post's accusation that this is what we would have if "morally bankrupt" republicans ran the show. The evidence SHOWS that this has NOTHING to do with party affiliation and DEMOCRAT Mayor McGuire agrees.
An unexpected sideline to this story was the hate ginned up by Olberman on this issue. We have all seen how the left can get whipped up into a frenzy when its spokesmen parade "victims" in front of the cameras. the Huff Post takes it a step further by trying to correlate a local tragedy into some sort of "gotcha" moment in the national political arena.
the Mayor offered to send me hundreds of the vicious e-mails but I was afraid it would crash my e-mail so i asked for just one. Here it is.
"What a bunch of dumb asses you all are ever hear of volunteer fire departments. I hope you burn in hell"
The left and Olberman should be ashamed of themselves! When will they leave the sacrificial lambs out of their agenda?
Odessacons Opinion Press
I'm an American conservative.I'm here to articulate the conservative position.Promote a pro-American attitude. Rid our country of illegals.Reform our oppressive tax code or abolish it.Keep socialist from siezing control of our country.Protect our 2nd amendment rights and to ensure that our kids grow up in an America that is as free as it was for us! Thanks for comming and please click on my ads.
Thursday, October 7, 2010
Tuesday, October 5, 2010
America's Labor and Living Costs
For over 40 years the U.S. has supported an economic environment that facilitated and encouraged corporations to seek out lower costs with the belief that such an environment was good for America; and it was, to an extent. In the 60’s and 70’s the U.S began transforming itself from a manufacturing based economy to a consumer driven economy. Prior to this evolution, America manufactured everything imaginable. America mined its own raw material, grew its own crops and livestock, built the growing electronics industry and exported massive amounts of goods and services. The U.S was the financial powerhouse of the world. Soon after WWII, America appears to have grown tired of hard work for a day’s wages, and deemed their battlefield victory worthy of a new lifestyle; Consumerism.
The 60’s saw Nixon visit China and open the gates for U.S. exports; a vast new market with a billion new consumers! It also saw an influx of cheap foreign oil that fueled Americans thirst for the transformed auto industry, which thrived on massive new roads built for “military” transportation purposes. The ‘70’s saw our exported products being copied and exported back to the U.S. at much cheaper prices. The cheap oil suddenly stopped flowing with the ’72 & ’79 OPEC oil embargos. Times had changed, but we didn’t see it.
By the ‘90’s America had lost its mojo, but didn’t know it. Cheap foreign labor was available throughout the world, and American industries chased it at a fevered pace. American jobs were being exported and supplanted with credit cards, home equity lines and an exploding equity market. Leverage was becoming the American way. Cheap foreign labor fueled corporate earnings, which fueled stock prices, which fueled quick and easy money. Unfortunately, American’s had forgotten the lessons learned by our parents and grandparents in the Great Depression.
2007/2008 will probably become known as the Brick Wall. The time when America realized that paying the piper required real money, not more pre-approved credit lines. With jobs gone to other countries, corporate earnings maxed-out and the debt collector on the phone, America awoke to the new reality; the fun was over.
What made America great must transform it again. But, like the past, America must start from scratch. It must learn once again to compete on a global market place. American has to roll-up its sleeves and get dirty; work hard for a day’s wages. With much of our manufacturing gone, America must re-build itself from within, and to do this America must be willing (or forced) to take less and expect less. There is no other way out.
Soon, if not already underway, American’s must concede that in order to survive they will have to accept lower wages and benefits to compete against the foreign labor force. Gone are the days of lucrative retirement plans and long vacations. Gone are the days of loose money, extravagant houses and new cars for our teenagers.
Some may argue that through this process, the cost of living will also decline as the reduction in labor costs will filter down and cause prices to fall. I disagree. Foreign labor costs are rising while domestic labor costs are falling. This occurrence will, at best, stagnate prices, but prices won’t decline. There still remains a tremendous gap between us and them. We have seen the maximum benefits from cheap foreign labor, and as the wage gap narrows, prices will most likely rise; although slowly. This scenario will stress America’s labor force as they struggle to balance “needs” verses the learned mind set of “wants”. A fundamental economic change is underway. No political party can stop it, but who will embrace it?
The 60’s saw Nixon visit China and open the gates for U.S. exports; a vast new market with a billion new consumers! It also saw an influx of cheap foreign oil that fueled Americans thirst for the transformed auto industry, which thrived on massive new roads built for “military” transportation purposes. The ‘70’s saw our exported products being copied and exported back to the U.S. at much cheaper prices. The cheap oil suddenly stopped flowing with the ’72 & ’79 OPEC oil embargos. Times had changed, but we didn’t see it.
By the ‘90’s America had lost its mojo, but didn’t know it. Cheap foreign labor was available throughout the world, and American industries chased it at a fevered pace. American jobs were being exported and supplanted with credit cards, home equity lines and an exploding equity market. Leverage was becoming the American way. Cheap foreign labor fueled corporate earnings, which fueled stock prices, which fueled quick and easy money. Unfortunately, American’s had forgotten the lessons learned by our parents and grandparents in the Great Depression.
2007/2008 will probably become known as the Brick Wall. The time when America realized that paying the piper required real money, not more pre-approved credit lines. With jobs gone to other countries, corporate earnings maxed-out and the debt collector on the phone, America awoke to the new reality; the fun was over.
What made America great must transform it again. But, like the past, America must start from scratch. It must learn once again to compete on a global market place. American has to roll-up its sleeves and get dirty; work hard for a day’s wages. With much of our manufacturing gone, America must re-build itself from within, and to do this America must be willing (or forced) to take less and expect less. There is no other way out.
Soon, if not already underway, American’s must concede that in order to survive they will have to accept lower wages and benefits to compete against the foreign labor force. Gone are the days of lucrative retirement plans and long vacations. Gone are the days of loose money, extravagant houses and new cars for our teenagers.
Some may argue that through this process, the cost of living will also decline as the reduction in labor costs will filter down and cause prices to fall. I disagree. Foreign labor costs are rising while domestic labor costs are falling. This occurrence will, at best, stagnate prices, but prices won’t decline. There still remains a tremendous gap between us and them. We have seen the maximum benefits from cheap foreign labor, and as the wage gap narrows, prices will most likely rise; although slowly. This scenario will stress America’s labor force as they struggle to balance “needs” verses the learned mind set of “wants”. A fundamental economic change is underway. No political party can stop it, but who will embrace it?
Saturday, October 2, 2010
The Sacrificial Lamb
Those of you that visit my blog know that I have strong feelings on ILLEGAL immigration. I support immigration reform but NOT a plan that offers amnesty to those that broke the law to come to America. I believe most immigrants are good people just looking for a better life but those that CHOSE to break the law and live under the radar should NOT be REWARDED with citizenship,but rather should go to the back of the line. In short, I welcome immigrants with open arms. LEGAL immigrants!
Liberals have done a good job of positioning themselves as the champions of minorities and ILLEGAL immigrants. I could go on and on with example after example of how these "champions" have actually hurt inner city blacks and all other minority groups by basically enslaving them into the fold of political warfare. They are used as pawns on the electoral battlefield and then cast away to fend for themselves in an economy rife with special interest corruption and stifling government intrusion....until the next election cycle rolls around,when they will ,yet again, be offered up as sacrificial lambs.
Liberals are obviously good at keeping this game alive. Since the Civil rights act of 1965 and the subsequent "WAR ON POVERTY" not much has changed to improve the fortunes of minorities in America.Despite BILLIONS of dollars aimed at this issue minorities still languish as political marionette's, until pulled out the box every two years to play their victim role choreographed by the liberal machine.
The sad story of Meg Whitmans housekeeper illustrates this tragedy ever so clearly. The "compassionate" Gloria Allred has offered up this poor woman for sacrifice to help elect her long time political ally Jerry Brown. Who knows what promised were made or what was offered but I cant understand why a housekeeper that BROKE THE LAW,FORGED DOCUMENTS and lied repeatedly would forsake an employer that paid her $23 an hour and treated her fairly for 9 years.
Allreds "complaint" states that Whitman owes the housekeeper money for "driving expenses" and offers her up as a "victim" while ignoring that she was obviously aptly compensated with a wage many AMERICANS would love to make. Allred is evidently oblivious to the fact that the compensation paid also blows a huge hole in any accusations that Whitman "exploited" this woman.
Whitman hired this woman through a reputable employment agency and was provided documents that this woman was LEGAL to work in the U.S. Allred sites a letter from Social Security as "proof" Whitman knew of the housekeepers status. Ive seen copies of this letter and it merely asks for clarification of the housekeepers social security number and expressly PROHIBITS WHITMAN FROM FROM TAKING ANY ACTION TO PENALISE OR TERMINATE THE EMPLOYEE! Whitmans husband passed the letter on to the housekeeper and considered the issue handled.
In June of 2009 the housekeeper approaches the Whitmans and tells them that since Meg is running for Governor they should be aware that she is an ILLEGAL alien. The Whitmans faced a hard decision but chose to follow the law and terminate her immediately. Whitman has espoused how difficult this was but stayed true to her convictions and the letter of the law and did what was necessary.
Now that Allred ,and I presume the Brown campaign, have offered up this sacrifice in a weak attempt to discredit Whitman, they have put this woman in great jeopardy. She will at least be investigated by ICE but could also be brought up on fraud charges and possibly spend a little time in jail before she is deported. I don't know if Allred may have issues with the California BAR Assoc for knowingly putting her client in legal jeopardy but it matters little when you consider the liberal cesspool that IS the "left coast"oligarchy. Allred will not suffer for her lack of compassion nor for her willful disregard for this woman's legal problems. The left coast liberals will simply milk this for all its worth and regardless the outcome in November, the housekeeper will be soon forgotten and cast out to fend for herself....unless she proves useful in a future election cycle. Liberal compassion is wonderful sentiment.....on the surface.
Liberals have done a good job of positioning themselves as the champions of minorities and ILLEGAL immigrants. I could go on and on with example after example of how these "champions" have actually hurt inner city blacks and all other minority groups by basically enslaving them into the fold of political warfare. They are used as pawns on the electoral battlefield and then cast away to fend for themselves in an economy rife with special interest corruption and stifling government intrusion....until the next election cycle rolls around,when they will ,yet again, be offered up as sacrificial lambs.
Liberals are obviously good at keeping this game alive. Since the Civil rights act of 1965 and the subsequent "WAR ON POVERTY" not much has changed to improve the fortunes of minorities in America.Despite BILLIONS of dollars aimed at this issue minorities still languish as political marionette's, until pulled out the box every two years to play their victim role choreographed by the liberal machine.
The sad story of Meg Whitmans housekeeper illustrates this tragedy ever so clearly. The "compassionate" Gloria Allred has offered up this poor woman for sacrifice to help elect her long time political ally Jerry Brown. Who knows what promised were made or what was offered but I cant understand why a housekeeper that BROKE THE LAW,FORGED DOCUMENTS and lied repeatedly would forsake an employer that paid her $23 an hour and treated her fairly for 9 years.
Allreds "complaint" states that Whitman owes the housekeeper money for "driving expenses" and offers her up as a "victim" while ignoring that she was obviously aptly compensated with a wage many AMERICANS would love to make. Allred is evidently oblivious to the fact that the compensation paid also blows a huge hole in any accusations that Whitman "exploited" this woman.
Whitman hired this woman through a reputable employment agency and was provided documents that this woman was LEGAL to work in the U.S. Allred sites a letter from Social Security as "proof" Whitman knew of the housekeepers status. Ive seen copies of this letter and it merely asks for clarification of the housekeepers social security number and expressly PROHIBITS WHITMAN FROM FROM TAKING ANY ACTION TO PENALISE OR TERMINATE THE EMPLOYEE! Whitmans husband passed the letter on to the housekeeper and considered the issue handled.
In June of 2009 the housekeeper approaches the Whitmans and tells them that since Meg is running for Governor they should be aware that she is an ILLEGAL alien. The Whitmans faced a hard decision but chose to follow the law and terminate her immediately. Whitman has espoused how difficult this was but stayed true to her convictions and the letter of the law and did what was necessary.
Now that Allred ,and I presume the Brown campaign, have offered up this sacrifice in a weak attempt to discredit Whitman, they have put this woman in great jeopardy. She will at least be investigated by ICE but could also be brought up on fraud charges and possibly spend a little time in jail before she is deported. I don't know if Allred may have issues with the California BAR Assoc for knowingly putting her client in legal jeopardy but it matters little when you consider the liberal cesspool that IS the "left coast"oligarchy. Allred will not suffer for her lack of compassion nor for her willful disregard for this woman's legal problems. The left coast liberals will simply milk this for all its worth and regardless the outcome in November, the housekeeper will be soon forgotten and cast out to fend for herself....unless she proves useful in a future election cycle. Liberal compassion is wonderful sentiment.....on the surface.
Friday, October 1, 2010
Odessacon would like to welcome JDog as financial expert.
JDog’s BIO
I have spent all 32 years of my business life in the financial industry, principally engaged in the trading of currencies, commodities and securities in the international arena. In my early business life I found it extremely interesting to learn and watch economies, other than just the United States. That interest continues today. As such I have learned the reactions of not only the “markets” to specific monetary policy(s), but also the general population’s reaction too. Today, what too many Americans fail to recognize is the absolute globalization of economies and workforces. Domestic policies that used to work in the ‘70s, ‘80s and ‘90s are just obsolete. A U.S. economic policy intended to extract “X” from Americans, is felt by and reacted to a multitude of foreign countries and their markets. Failure to foretell the reactions of foreign entities is the perfect recipe for failure.
TAXING THE RICH
Sounds good to me. Sounds like a logical solution to part of our government’s deficit. Why not?
First, before we can tax the “Rich” we have to define “Rich”. Is rich really an individual income of $200k or a family income of $250k, (Top 2% of income producers)? Well, it certainly may appear so if you’re making $40k for your family of four. I beg to differ. A family of four with an annual income of $250k has the ability to be self-sufficient and clear of any financial needs from the government; I see this as a good thing. This family can afford their medical expenses, fund the children’s college needs, make their mortgage payment, buy a new car every 5-6 years and save enough money for their retirement. By increasing this family’s tax burden, we simply move them closer to relying on government assistance; this is a bad thing.
Lets’ look at the top 1% of income producers; $800k for a family. These people have excess income after assuring their independence from government assistance. They also have the disposable income that can be used as venture capital to start new enterprises that generate the vast majority of permanent new jobs. These are the people that spurred the dotcom boom. These are the people who spurred the housing boom. These are the people that have the greatest tax loopholes!!! These are the people that have “off-shore” accounts and “charitable foundations”. These people are beyond self-sufficient, they are “Rich” by any definition. But, do we really need to raise their taxes? I say No.
What we really need to do is simplify the tax codes by eliminating many of the “loopholes” that only are within the reach of a few. Did you know that you can contribute 50% of your annual income to charity - tax free? So, the Clinton’s, Gate’s, Buffet’s, etc. put 50% of their income into THEIR charitable foundation and avoid the tax liability. Then, the foundation pays for their travel, hotels, limos, lunches, dinners, autos, boats, country club(s), etc. All they have to do is “mention” their foundation and the expense qualifies.
In most industrialized countries, a tax bracket is just that. If Sweden taxes “rich” individuals at a 35% tax bracket, that is exactly what is paid to the government; no deductions/loopholes. Did you know that Warren Buffet readily admitted that he only paid 17% in taxes for 2009 (total for Federal, State and Local), while his Administrative Assistant paid 34%? This was made possible by the loopholes, nothing else. Even Buffet advocates simplification of the tax codes; and he’s really rich!
But STOP. Is raising or collecting more taxes going to solve ANYTHING? Any answer other than NO is just plain wrong. No increase in tax rates or revenues (on the “rich” or otherwise) will provide one ounce of relief unless our government STOPS spending. This is where our government loses the faith of the people. Why would anyone advocate increasing taxes on anyone when our government is uncommitted to reducing their spending habits? How can ANYONE believe that any increase in taxes, on anyone, is a good thing when historical evidence proves our government will find a way to squander it?
I’m all for increasing taxes, even on the families making $250k per year, but it MUST be offset with a dollar-for-dollar decrease in government spending. If that means cutting Entitlement programs, cut them. If that means raising the Social Security age, raise it. Our Government can’t afford its current deficit with interest rates at .25%. What shall we do if interest rates rise to 5%!!!
Raising taxes without equal cuts in spending is merely CHANGE for the worse – for EVERYONE.
JDog
I have spent all 32 years of my business life in the financial industry, principally engaged in the trading of currencies, commodities and securities in the international arena. In my early business life I found it extremely interesting to learn and watch economies, other than just the United States. That interest continues today. As such I have learned the reactions of not only the “markets” to specific monetary policy(s), but also the general population’s reaction too. Today, what too many Americans fail to recognize is the absolute globalization of economies and workforces. Domestic policies that used to work in the ‘70s, ‘80s and ‘90s are just obsolete. A U.S. economic policy intended to extract “X” from Americans, is felt by and reacted to a multitude of foreign countries and their markets. Failure to foretell the reactions of foreign entities is the perfect recipe for failure.
TAXING THE RICH
Sounds good to me. Sounds like a logical solution to part of our government’s deficit. Why not?
First, before we can tax the “Rich” we have to define “Rich”. Is rich really an individual income of $200k or a family income of $250k, (Top 2% of income producers)? Well, it certainly may appear so if you’re making $40k for your family of four. I beg to differ. A family of four with an annual income of $250k has the ability to be self-sufficient and clear of any financial needs from the government; I see this as a good thing. This family can afford their medical expenses, fund the children’s college needs, make their mortgage payment, buy a new car every 5-6 years and save enough money for their retirement. By increasing this family’s tax burden, we simply move them closer to relying on government assistance; this is a bad thing.
Lets’ look at the top 1% of income producers; $800k for a family. These people have excess income after assuring their independence from government assistance. They also have the disposable income that can be used as venture capital to start new enterprises that generate the vast majority of permanent new jobs. These are the people that spurred the dotcom boom. These are the people who spurred the housing boom. These are the people that have the greatest tax loopholes!!! These are the people that have “off-shore” accounts and “charitable foundations”. These people are beyond self-sufficient, they are “Rich” by any definition. But, do we really need to raise their taxes? I say No.
What we really need to do is simplify the tax codes by eliminating many of the “loopholes” that only are within the reach of a few. Did you know that you can contribute 50% of your annual income to charity - tax free? So, the Clinton’s, Gate’s, Buffet’s, etc. put 50% of their income into THEIR charitable foundation and avoid the tax liability. Then, the foundation pays for their travel, hotels, limos, lunches, dinners, autos, boats, country club(s), etc. All they have to do is “mention” their foundation and the expense qualifies.
In most industrialized countries, a tax bracket is just that. If Sweden taxes “rich” individuals at a 35% tax bracket, that is exactly what is paid to the government; no deductions/loopholes. Did you know that Warren Buffet readily admitted that he only paid 17% in taxes for 2009 (total for Federal, State and Local), while his Administrative Assistant paid 34%? This was made possible by the loopholes, nothing else. Even Buffet advocates simplification of the tax codes; and he’s really rich!
But STOP. Is raising or collecting more taxes going to solve ANYTHING? Any answer other than NO is just plain wrong. No increase in tax rates or revenues (on the “rich” or otherwise) will provide one ounce of relief unless our government STOPS spending. This is where our government loses the faith of the people. Why would anyone advocate increasing taxes on anyone when our government is uncommitted to reducing their spending habits? How can ANYONE believe that any increase in taxes, on anyone, is a good thing when historical evidence proves our government will find a way to squander it?
I’m all for increasing taxes, even on the families making $250k per year, but it MUST be offset with a dollar-for-dollar decrease in government spending. If that means cutting Entitlement programs, cut them. If that means raising the Social Security age, raise it. Our Government can’t afford its current deficit with interest rates at .25%. What shall we do if interest rates rise to 5%!!!
Raising taxes without equal cuts in spending is merely CHANGE for the worse – for EVERYONE.
JDog
Liberal Omnipotence
As usual democrats have politicised and issue and are banking that Americans are too stupid to see through their faulty assertions. They have tried to position themselves as champions of the "workin man" in hopes of staving off abysmal losses in November.On the surface this rhetoric sounds wonderful and has obviously been swallowed whole by our "enlightened" friends on the left.The problem for liberals is, you need only scratch the surface to see the hypocrisy and fallacy of this political ploy.
Here are the facts:
Liberals decry the hole in the budget that extending tax cuts for the top 2% of the country would cause. Its widely reported and there is a consensus that this number is $700 Billion. Contradicting themselves and their "concern" for budget deficits liberals hope to garner votes by extending tax cuts to the middle class that would total $3 TRILLION! So much for fiscal responsibility.
Lets look at the $700 billion for a second. liberals are ever so concerned about this number. This is the number we would "lose" if we extend tax cuts to the top 2% of earners. So if we try to understand liberal logic here, we must ignore the $767 billion dollars of "stimulus" liberals have already spent to jump start the economy and the fact that it has had dismal results in achieving its goal. We are also expected to turn a blind eye to the fact that this $700 Billion would be left in the hands of the investors and job creators.
We have all seen the lack of success the $767 billion of stimulus has had. Jobless claims continue,investment is stymied and consumer confidence is at all time lows. I cant help but think that if our liberal leaders in congress would stop the uncertainty around the tax cuts and place confidence where it belongs, in the hands of the private sector job creators that we would start to move out of this recession.
Pelosi and her ilk failed to move on this issue this week and left this issue and any prospect of recovery to languish yet again. I can only imagine that their desire to gain political power through class warfare and economic envy is the strategy being implemented this election season. They have already tried to sell the lie that republican obstruction has caused the gridlock on this issue. That's a tough sell when you consider they have solid majorities in both houses. Wouldn't common sense tell you that some democrats don't support the classicism espoused by the liberal leadership? Its also interesting to note that Future Speaker Boenner said he "had the votes" to pass tax cuts for all Americans".
The elitist attitude displayed by Pelosi is obviously backfiring on her and her supporters and will only deepen the losses this November. It just shows how far out of touch they have become and how they view the public as ignorant serfs who will believe anything they say. The old saying "give them enough rope......" comes to mind. Drunk on power and convinced of their omnipotence the liberal elites don't seem to notice that the noose is around their neck and they are already standing on the electoral trap door.
Here are the facts:
Liberals decry the hole in the budget that extending tax cuts for the top 2% of the country would cause. Its widely reported and there is a consensus that this number is $700 Billion. Contradicting themselves and their "concern" for budget deficits liberals hope to garner votes by extending tax cuts to the middle class that would total $3 TRILLION! So much for fiscal responsibility.
Lets look at the $700 billion for a second. liberals are ever so concerned about this number. This is the number we would "lose" if we extend tax cuts to the top 2% of earners. So if we try to understand liberal logic here, we must ignore the $767 billion dollars of "stimulus" liberals have already spent to jump start the economy and the fact that it has had dismal results in achieving its goal. We are also expected to turn a blind eye to the fact that this $700 Billion would be left in the hands of the investors and job creators.
We have all seen the lack of success the $767 billion of stimulus has had. Jobless claims continue,investment is stymied and consumer confidence is at all time lows. I cant help but think that if our liberal leaders in congress would stop the uncertainty around the tax cuts and place confidence where it belongs, in the hands of the private sector job creators that we would start to move out of this recession.
Pelosi and her ilk failed to move on this issue this week and left this issue and any prospect of recovery to languish yet again. I can only imagine that their desire to gain political power through class warfare and economic envy is the strategy being implemented this election season. They have already tried to sell the lie that republican obstruction has caused the gridlock on this issue. That's a tough sell when you consider they have solid majorities in both houses. Wouldn't common sense tell you that some democrats don't support the classicism espoused by the liberal leadership? Its also interesting to note that Future Speaker Boenner said he "had the votes" to pass tax cuts for all Americans".
The elitist attitude displayed by Pelosi is obviously backfiring on her and her supporters and will only deepen the losses this November. It just shows how far out of touch they have become and how they view the public as ignorant serfs who will believe anything they say. The old saying "give them enough rope......" comes to mind. Drunk on power and convinced of their omnipotence the liberal elites don't seem to notice that the noose is around their neck and they are already standing on the electoral trap door.
Subscribe to:
Comments (Atom)