Showing posts with label Tim Geithner. Show all posts
Showing posts with label Tim Geithner. Show all posts

04 August 2009

Geithner: Let us look to Europe for inspiration...

Dr. Asten: Yes, because they have such a wealth of knowledge...(/sarc)

As the Wall Street Journal article says, "Joe the Plumber's vindication draws nigh." I doubt Sam will get the apology due him by Helen Jones-Kelly, the Ohio DFACS, Democratic Ohio governor Ted Strickland, and liberals who thought it was racist when Obama's tax philosophy was inadvertently revealed on the campaign trail. The Wall Street Journal reports that Treasury officials are scrambling for ways to pay for their pet projects. Soaking the rich will not bring the deficit to manageable levels, Democrats hoped that crap-n-trade would raise enough revenue, but that went up in smoke after businesses pressured Democrats to give up $646B in proposed revenue. There is no other choice but to soak the middle class, which is feeling a small brunt already with the increase in cigarette taxes.

One of the means Democrats and Obama Treasury officials are mulling is an adaptation of the European style "value added tax," or VAT. European officials, according to the WSJ, love this tax because it raises so much money with little notice from the taxpayer. According to its Wikipedia entry, the VAT, in contrast to sales tax, is "neutral with respect to the number of passages that there are between the producer and the final consumer." Michigan had a similar tax, called the "single business tax," or SBT, but it was repealed last year by the Michigan state legislature, approving a voter-approved initiative. I wonder if this example, like the government-run healthcare travesties programs in Maine and Massachussetts, will force Democrats into having second thoughts...I won't hold my breath.

While liberals bend steel, run faster than locomotives, and leap tall buildings in single bounds trying to protect their dear Obamessiah from criticism, back on Earth, people are not happy. In fact, there are increasing numbers of protests to ObamaCare, and other Obama pet projects. Not learning anything from their attempts to demonize and marginalize the Tea Parties, liberals are claiming that conservatives are "hijacking" the meetings these congressmen have with their constituents. My friend Zandar (who I believe has no relation to the ally of COBRA, the enemy of GI Joe) believes they're ambushes (way to channel the Mike Stark, my boy...), and in one post, Zandar compares it to *gasp* "terrorism" (Hide the damn children!)! Here, yet again, Zandar and liberals blame the GOP and conservative groups when the ire of their hateful rhetoric should be directed at Democrats, who have yet to come up with a final bill (I wonder if dodgeball is a fan favorite of liberals...).

I think the thing being overlooked by the self-proclaimed smarter-than-you crowd is the fact that there is no plan to pay for the expansion overhaul of our healthcare system. No amount of wordplay will change the fact that ObamaCare will lead us on the path to European-style healthcare, and its magnificent problems. I believe Obama and Democrats would have been in a better position to pass this crap if all of their political capital wasn't spent on shoving Porkulus and crap-n-trade. All this money is being spent, yet there seems to be no end to it, and definitely no accountability. Liberals want to continue to use the screen play to keep us all distracted, and the quarterback is being sacked every time.

You see when Democrats and their anti-war liberal friends were ambushing Republicans, it was genuine...nowadays, it's terrorism. That should show you that we're on the right track.

Ladies and Gentlemen, Keith Olbermann...fresh off vacation!

Have a great day...

03 August 2009

ObamAid Drinkers: Leave Obamessiah Alone!

Dr. Asten: Hell, no!

I recently got in a heated discussion with an Obama supporter, over a status on Facebook which called on people to stop criticizing President Obama, since he believes they patted President Bush on the back for eight years. When asked to clarify the Obamist's status message, it turned into the typical left versus right debate we were exposed to during the Bush Years, where the liberal would engage in attacks ad hominem and the conservative would try to engage in substantive debate. Any person who followed the news coverage of the Bush Years knows that the Obamist's statement is a misspeak, if not a lie. If anything, the media metamorphosed from being the "government watchdog," to the "government lapdog." The media tried their damndest to keep President Bush from being reelected, and made it a point to form their coverage to make him look like the "Imbecile-in-Chief." I reminded him that Republicans and conservatives were all over President Bush for runaway spending, illegal immigration, McCain-Feingold, and bungling Iraq. Hell, several self-described conservatives were arguing against the US invading Iraq.

Those facts proved his theory wrong, but he wasn't letting up. In a move that showed his intent was to empty the punch bowl, and follow the media's line hand over foot, the ObamAid drinker tried to come after me using the line we heard in the beginning of the Obama Administration, giving Obama time to "fix George Bush's mess." I reminded him that the economy grew after Bush's tax cuts in 2001, we were privileged to have 52 months of economic growth, which began to decline the year the majority in Congress switched to the Democrats. I also told him that if President Obama was serious about fixing the economy, he would have allowed both Republicans AND Democrats in on crafting the legislation which culminated in the Porkulus law. I also noted that Obama doesn't want the electorate to look at his US Senate record, where the supposed fiscal conservative Obama supported both TARP and the bailout of Bear Stearns. I explained that Obama is at least culpable for our current economic situation, and that he's not blameless. The Obamist claimed that he was one vote in a sea of 535, against a lone President Bush. I rejected that line for exactly what it was...its lameness.

Clearly, the Obamist was feeling frustrated that his theory was falling like a house a cards, he went into a tirade against McCain, asking me if I believed had McCain beat Obama, if the economy would be "hunky dory," to which I said "No," with the caveat that McCain would have better vetted his Treasury Secretary, and not allowed a tax cheat to dictate tax policy. I believe McCain would have called on a bipartisan bill to emerge from Congress that would have actually "jumpstarted the economy," instead of scaring the shit out of people declaring this money is needed now, and waiting until next fiscal year to spend a bulk of the funds. By this time, the ObamAid drinker was in sputtering rage, most of his words were indeterminable. I also told the Obamist that while he is content on allowing Obama to quadruple the deficit, and continue to blame President Bush, his talking point is in the minority.

In getting me to say that McCain's policy probably would not make everything "hunky dory," the Obamist declared "victory." I admit, his bar for victory must have been low, if all he wanted me to do was say something bad about Republicans. His larger point was refuted over and over again, yet he continued to ignore it and was sputtering at me because I would not jump on his bandwagon. He did claim that he's willing to give Obama another year before he will say the economy belongs to Obama. I say by that point, most Democrats would have distanced themselves from Obama, and this ObamAid drinker will still be drinking from the punch bowl wondering why he's all alone. It's a shame the ObamAid drinker I was "debating" was my own brother...

Gateway Pundit shows us the all familiar chart that shows how much the Obama Administration plans to increase the deficit. There's also a story on Yahoo! that says that tax cheating US Secretary of the Treasury, lil Timmy Geithner, has not ruled out tax increases for the middle class, and I suppose ObamAid drinkers will invoke the cynic card, claiming all politicians lie. It doesn't occur to them that their cynicism, in the face of Obama blowing up the deficit, will have a perilous effect on us in the future. The Porkulus jive was an excuse to pander to his political donors and rationale to enact his disastrous agenda on the nation. 2010 and 2012 can't get here fast enough.

This weekend, I also had the privilege, I guess, to read Gwen Ifill's Obama puffery, "The Breakthrough: Politics and Race in the Age of Obama," more on that in a later blogpost...

Have a great day...