Laura Hollis at Townhall uses the "C" word!!
I am tired of all the dancing around the subject with respect to Barack Obama’s political, social, and economic views. He’s not a “liberal,” or a “Democrat,” or a “progressive,” or even a “socialist.” Let’s call it what it is, shall we? It’s time to use the “C” word. His policies are communist, pure and simple.
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It’s not that Obama is ignorant, or misguided. He knows – as do his Red backers – that the policies he espouses will cause further economic trauma. This is deliberate. Because the worse things get, the more receptive the public will be to Obama’s & Co.’s honey-tongued assurances that the government will step in and “make it all better.” Look at Hurricane Katrina, and the recent financial crisis: how many people were clamoring for the government to “do something”? And that’s nothing compared to what we’re going to face when Social Security, Medicare and Medicaid collapse.
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It’s not that Obama is ignorant, or misguided. He knows – as do his Red backers – that the policies he espouses will cause further economic trauma. This is deliberate. Because the worse things get, the more receptive the public will be to Obama’s & Co.’s honey-tongued assurances that the government will step in and “make it all better.” Look at Hurricane Katrina, and the recent financial crisis: how many people were clamoring for the government to “do something”? And that’s nothing compared to what we’re going to face when Social Security, Medicare and Medicaid collapse.
A well-earned Ushanka Tip to Laura!
Adam Lerrick asks, "What happens when the voter in the exact middle of the earnings spectrum receives more in benefits from Washington than he pays in taxes?" From his Wednesday WSJ article, Obama and the Tax Tipping Point:
In 2006, the latest year for which we have Census data, 220 million Americans were eligible to vote and 89 million -- 40% -- paid no income taxes. According to the Tax Policy Center (a joint venture of the Brookings Institution and the Urban Institute), this will jump to 49% when Mr. Obama's cash credits remove 18 million more voters from the tax rolls. What's more, there are an additional 24 million taxpayers (11% of the electorate) who will pay a minimal amount of income taxes -- less than 5% of their income and less than $1,000 annually.
In all, three out of every five voters will pay little or nothing in income taxes under Mr. Obama's plans and gain when taxes rise on the 40% that already pays 95% of income tax revenues.
In all, three out of every five voters will pay little or nothing in income taxes under Mr. Obama's plans and gain when taxes rise on the 40% that already pays 95% of income tax revenues.
Kimberly Strassel at the WSJ shares the circus atmosphere in her article, Obama's Magic:
To kick off our show tonight, Mr. Obama will give 95% of American working families a tax cut, even though 40% of Americans today don't pay income taxes! How can our star enact such mathemagic? How can he "cut" zero? Abracadabra! It's called a "refundable tax credit." It involves the federal government taking money from those who do pay taxes, and writing checks to those who don't. Yes, yes, in the real world this is known as "welfare," but please try not to ruin the show.
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Mr. Obama will now demonstrate how he gives Americans the "choice" of a "voluntary" government health plan, designed in such a way as to crowd out the private market and eliminate all other choice! Don't worry people: You won't have to join, until you do.
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Moving along to a little ventriloquism. Study his mouth carefully, folks: It looks like he's saying "I'll stop the special interests," when in fact the words coming out are "Welcome to Washington, friends!" Wind and solar companies, ethanol makers, tort lawyers, unions, community organizers -- all are welcome to feed at the public trough and to request special favors. From now on "special interests" will only refer to universally despised, if utterly crucial, economic players. Say, oil companies. Hocus Pocus!
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Mr. Obama will now demonstrate how he gives Americans the "choice" of a "voluntary" government health plan, designed in such a way as to crowd out the private market and eliminate all other choice! Don't worry people: You won't have to join, until you do.
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Moving along to a little ventriloquism. Study his mouth carefully, folks: It looks like he's saying "I'll stop the special interests," when in fact the words coming out are "Welcome to Washington, friends!" Wind and solar companies, ethanol makers, tort lawyers, unions, community organizers -- all are welcome to feed at the public trough and to request special favors. From now on "special interests" will only refer to universally despised, if utterly crucial, economic players. Say, oil companies. Hocus Pocus!
